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Oct 20 2007, 03:09 PM |
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Jennifer Laycock does it again with Viral Marketing is NOT the Same as Word of Mouth which illuminated my day with Seth Godin's 'word of mouth is a decaying function'. Both Ms. Layton's and the linked Mr. Godin's commentary are well worth reading.
What I should like to discuss is not the subject of those articles rather a thought process I had while reading them. Not a new thought - I am so old that I have thoughts to recycle or reuse as new... * Current viral marketing has two main results: increased traffic from the initial marketing and increased backlinks which drive more traffic and can affect SERP. * While much is made of the traffic surge(s) themselves often their minimal conversion percentage actually lowers ROI. The usual real benefit is an added weight of increased backlinks assisting SERP - in current algo settings. * Occassional mention is made of the branding potential however branding is rarely a one-off return rather a function of repetition. How many viral campaigns are designed to impact the same audience time after time? How often is the 'brand' remembered in tandem the 'stunt'? * Should the current algo weighting change, i.e. discounting blog links as they age, viral marketing would also become a 'decaying function' albeit much broader. * for viral marketing to really possess longterm vitality it needs to forgo the current 'shotgun' approach of maximum traffic impact and narrow target focus to the highest converting traffic possible. Change from a 'tabloid' to a 'trade mag' approach, from link-bait to conversion-bait. This raises several questions, among them: is it even possible? how could it be done - with the subsequent query of is there a general best practice across niches? I believe that it should be Thoughts? Comments? Experiences? Links? Please... |
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Oct 20 2007, 06:10 PM |
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To further this conversation...know that the more things change the more they stay the same...
QUOTE(Dr. Dr. Samuel Johnson : Issue 40 : The Idler : 20 January 1759) Whatever is common is despised. Advertisements are now so numerous that they are very negligently perused, and it is therefore become necessary to gain attention by magnificence of promises, and by eloquence sometimes sublime and sometimes pathetic. Complete article... |
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Oct 20 2007, 06:28 PM |
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I'm all for viral marketing, especially if it can produce efforts like this one:
http://www.youtube.com/watch?v=2mTLO2F_ERY |
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Oct 20 2007, 09:51 PM |
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I think Seth has put it simpler and more convincingly.
This post has been edited by A.N.Onym: Oct 20 2007, 09:57 PM |
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Oct 21 2007, 02:04 AM |
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IAmLost, this is an incredibly provocative topic, one that prompted me to do a little research as well. And while my knowledge isn't yet on par with more seasoned folk here, I'd love to contribute the following to the discussion in regards to my thought processes as well:
In the article cited above, Seth has convincely differntiated viral marketing from word-of-mouth, both in form and in outcome. I buy this. But is this a semantic argument? Let's say for ease of reference that viral marketing is an umbrella term that describes any method of directly or indirectly transforming an audience into advertisers. This broad function can easily take several forms whether it's through popularization (as with the ressurgence of HushPuppies in the 80's brought about by villagers who deemed them trendy,) by direct reccomendation (word-of-mouth, chain letters, "tell-a-friend" scripts,) or by publicizing (social media/content sharing, forwarding links, etc.) But the more I think about it, wouldn't this umbrella term encompass things like, say, affiliate marketing? Is a restaurant actively engaging in viral marketing when they provide great customer service that results in a recommendation? is Britney Spears viral marketing when she does crazy stuff that creates mass interest and results in big record sales? (Yes, I'll make this prediction That aside, I think viral marketing is effective to the degree that it appeals to either an audience's ego or their good nature. While this might seem broad or bold, it makes sense if you consider why someone would be promted to popularize, recommend or share. Appeals to Goodwill: - I.e. "I want to forward this cause so I'll forward this email petition." - I.e. "You'll find this interesting or helpful so I'll send you this link." - I.e. "I want to help figure this out, so let's all pool our resources." (Exemplified by this N.I.N Story- their fans have created message baords to figure this out.) Appeals to Ego: - I.e. "I want to be accepted so I'll buy HushPuppies too." - I.e "You will think I'm really funny if I send you something really funny." - I.e "If I link to the experts, I'll be an expert!" So in this sense, I do think it's possible to narrow target focus to the highest converting traffic possible; by examining the sociobehavioral traits of a target audience and considering how they relate to the audience's incentive to buy a product/service. A very simple analogy would be the owner of a site that sells baby products publishing baby safety articles because they know Mother's LOVE to talk about their children, and a safety article wwill appeal to both their good nature to protect, and their ego need to provide something of value to their social circle. (Is this concept similar to what what you were referring to wth your "trade mag" comment? I myself don't have a steadfast conclusion to the questions you pose, but here are a few very fascinating links: Chapter 6 of Viral Media Living Document The Psychology of Viral Media and an article on Gossip and Rumor Research, publsihed by the American Psychological Science Agenda This post has been edited by BizDevMarketing: Oct 21 2007, 02:08 AM |
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Oct 21 2007, 06:03 AM |
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First, some history. All this goes back to a book I read a long time ago, Virus of the Mind:: The New Science of the Meme. It's part of what my site's about, Captology and Memetics.
Brodie's book, in turn, goes back to earlier ones. However, most of the relatively new interest in this came from Virus of the Mind. And sorry, online or offline they all have decay rates. Using Seth Godin's assertion all humanity was wiped out by the 1918 flu pandemic. Simply put, it's not in the nature of viruses to work that way. And nothing in the base literature for memetics says it does. If he were right, sale for his book would never peak. And, by about now, given the mathematical basis for his use of the word "compounding" -- about a billion people or more would own Godin's book Purple Cow. And by the end of next year, five hundred million more people would own it. Because that's the practical implication of compounding without a decay rate. Viruses spread quickly, peak, and then decline. That's what it is to have a viral growth curve, and if it didn't happen that way it wouldn't be viral. It's a curve, not a straight line ... and it's not all up. And it seems to be a recurring mental error for people on the internet to take the steep part of the curve and project it indefinitely. When the internet first hit, projections were that three billion people would be on the internet by 2001 or so. That would have to mean everyone who had access to a phone would also have access to the internet. And, today, compounding without decay would have to mean more people are on the internet than ever lived in the history of humankind. That's mathematics, folks. While the internet may have warped people's ability to do simple math, it's hasn't changed mathematics. Only marketers can add two and two and come up with fifty billion. The "Not The Same" article has one good point .... QUOTE Companies put together a standard advertising or marketing campaign and then call up a viral consultant with the request to "make" the campaign go viral. Essentially a rehash of an old ClickZ article What Makes it Viral?. Memetics For Conversions: The Hula Hoop The History of the Hula Hoop: Sales of Twenty Million in the first six months. In two years they sold 100 Million Hula Hoops. And all without the internet. There is only one meme with that kind of success online: Viral Marketing. That's right, viral market itself is the one virus which has driven more sales of books, courses and seminars than any viral marketing campaign. My dissatisfaction with these articles is most people don't acknowledge the basic methodology of captology or memetics. There simply are no new ideas here, except that online is somehow magically different. Sorry again, that doesn't explain anything. What makes online memetics seem different is the speed mind viruses spread. The biggest difference between online and offline is friction. Regular viral outbreaks are contained by mobility and topography. These are not factors online. In other words, you don't have to get into your car and travel to the water cooler at work, with the number of employees around the water cooler limited by physical constraints. The physical constraints which limit viral outbreaks offline don't exist online. That does not in any way mean there aren't other factors which limit viral spread online. Most things never die, online or off. When Fax was the network, you'd get a joke or whatever and it would die out. Then a few years later when memory fades, the same joke pops up. Hula hoops are in, then out, then every few years someone gives it a new wrinkle and hula hoops make the news again. In viral marketing terms that wrinkle is called mutation. It's what you need to fight the natural decay rate, and it's again something no viral marketing expert will ever reveal. (I'll explain why at the end of this post). About the only difference between online and offline is, for all the archiving, nobody remembers a single thing that happened more than a month ago. So you get essentially the same viral marketing article every single year. Almost every single one asserting online marketing is different. Marketing online is different. You don't get 100 Million units sold of any product marketed virally online. Hence the discussion here about making linkbait convert. And I'll retract that statement and issue an apology if Seth Godin can show me records of 100 million units of any of his books sold in any two year period. Heck, I'll even extend it to three years. Memetic Mechanics 101 Other than happy accidents dubbed viral in retrospect, has any viral marketing expert ever told you what makes something viral? That's because my site is almost the only place you can find methodologies that underlie the balloon juice passed off as viral marketing. About the only element needing explanation is Zeitgeist. An example is "the internet changes everything." That's the approach taken with the article which kicked off the thread. That the internet is so radically different that nothing else compares. And anybody that disagrees with that statement simply doesn't grok how radical the internet is. But you do. This is the fiber and structure of the Emperor's New Clothes. If you don't see the Emperor's new clothes, you just don't get it, you're on the outside looking in. I call it inner circle appeal. If you're interested, check out Cialdini's factors of influence, namely social proof, liking, authority. Sorry, but human nature -- not the internet -- is the basic protein sequence of mind viruses. Sure they mutate, but none mutate to be based on silicon. Viruses travel via human nature. Nothing which happened in the last fifteen years has changed human nature enough to go from a point of word or mouth having a 'decay rate' and viral not having one. The Trouble with Viral Marketing The trouble with all this is not viral marketing, it is what kicked off this topic: conversions. Viral marketing online is mostly viral, marketing ...not so much. First let's discuss linkbait. The payoff was never conversions, it was links and consequently SERP position. That's what linkbait means. And that's the problem with all of viral marketing online, the viral getting separated from objectives for the viral. So you get a bill for huge upsurges in bandwidth costs, and few sales. Other than feel good, "We online are sooo much more with it than those old school marketers." Sorry, but I'll take 100 million units sold over a bill for $5000 in bandwidth costs any day of the week. When these people get off their tragically hip horse, they'll find we can all just get along. You get these viral successes that produce financial calamities when the viral becomes detached from the marketing objective for the viral. Bioengineering uses viral delivery mechanisms all the time. The payload -- a conversion -- is delivered virally when the purchase is part of the viral mechanism itself. Understanding this is like understanding the difference between brand awareness and bankable brand preference. Brand awareness is where everyone knows you. Brand preference happens when everyone wants to buy your products once they know about them. Companies have gone bankrupt thinking brand awareness and brand preference are the same thing. For example, let's take a typical viral video on youtube. The way most people do it is showing someone doing a backflip. Provided that's novel enough, people spread the word. And more people see the video. Now, for most viral efforts, it begins and ends there. It's cute, it's gimmicky, and ....nothing. Viral for conversions is different. You have a reason for showing a person doing a backflip. You show that the way you tailor your clothing, doing a backflip with an iPhone in your pocket will not produce a $400 jigsaw puzzle. Then, people who want to do similar videos have to buy your stuff. Take the Mentos and Coke. Had either company been on the ball, you would have seen joint venture marketing within hours of the video showing interest. You would have a cosponsored website directly traceable to the marketing departments of Coke and Mentos. The whole idea of marketing is that you tried to get a result. You can have a happy viral accident, but nobody can call the Coke + Mentos viral marketing because nobody meant for that to happen. Worse yet, nobody calling themselves a marketer seems to have acknowledged or capitalized on it once it did happen. Most of these "viral marketing" happenings are simply accidents. Marketers -- old school marketers all -- are simply taking credit for happy accidents and dubbing them "viral" in hindsight. If you can make a marketing career from crossing your fingers and hoping the customers will bail you out, consistently and time-after-time, please write a book about that. Don't confuse it with viral marketing. Designing Products to Go Viral The number one thing you can do to say "I meant for it to happen like that" and take marketing credit is to redesign your product or service. The number one thing testing shows is that hackability creates a viral hit. Right now, Apple seems to be sending mixed signals about your ability to do certain things with the iPhone. For this to be an ideal viral marketing campaign, you would make it just difficult enough to change over the iPhone to work with other networks to make customers think 1) They got away with something 2) That they are skilled enough to be part of an elite, hip, hacker culture. You can't Make anything go viral. However, such elements like design for hackability increase your odds that something will go viral. And while you can't take credit for 100% of the end result, you can at least have a credible claim on meaning for it to happen. Designing things to be hackable, for mashups, and so on is something no so-called viral marketer will talk about for one reason. Almost to a person, male or female, they don't know what they are talking about. This post has been edited by DCrx: Oct 21 2007, 09:20 AM |
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Oct 24 2007, 06:14 PM |
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Lisa Barone has taken this thread topic up in her latest post Can Link Bait Mature? Yes, It Has To.
She takes the title thought of Susan Esparza's general best practice overview link magnet article (May 2006) and hones it sharp: QUOTE(Lisa Barone) The key to creating a great link magnet is research. When we talk to people about creating an effective link magnet, we often advise them to take a look at their industry. What tools do they use every day to do their job? Better yet, what’s that one thing you always complain about not having? What magical tool or resource or mashup or page do you think would make your life or job easier? Why don’t you go ahead and make your life easier and create it? And then share it with everyone else. I like the bait - magnet differential she infers where one needs a hook behind the bait because the bait itself has limited value and the magnet naturally holds as well as attracts. A 2-for-1 deal! I bet Susan thought it up. |
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Jan 15 2008, 12:34 PM |
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The only point where word of mouth and viral marketing intersect is that both use humans to spread the message.
But what is being spread why and how differs tremendously. Word of Mouth AdvertisingWord or mouth advertising is reputation based: the product or service is talked about. "Happy Eaters makes great lasagna", "Did you read the latest Stephen King?!", "I can't believe their prices...". As it is product or service based, hopefully extending all the way to your brand, the reach of the message is limited to those involved with or interested in this product, service or brand. Word of mouth advertising is quite indirect up to the point of being a passive strategy. You make, do or price at a level that causes people to bring you up in a conversation, either for the good or the bad. In other words, your primary medium is your product/service/brand and the people (customers) are your message. Viral MarketingViral marketing is rumor based: the message is talked about. "Did you see the new BMW Short?", " I'm all for viral marketing, especially if it can produce efforts like this one" (note the lack or product/service/brand?), "I have no clue who made this but this is funny!", etc. Because a viral ad goes beyond the product/service/brand up to the point of almost ignoring it completely, the reach is much deeper: anyone who finds pets/animals/dogs/funny stuff cute gets the Taco Bell chiwawa videos forwarded. In other words, the primary message is the ad (video/print/game/etc.) and people (customer or not) become your medium. Offline ExampleAn offline view brings it into perspective for me. With word of mouth my friend arrives, address of a restaurant scribbled of a note; "here, you should really go there -- amazing coffee!" With viral marketing my friend arrives with a print ad he has cut out of a magazine, shows it to me and says; "isn't that funny/amazing/well done?" LinkbaitViral marketing can and does have goals, objectives. Brand awareness and brand perception are two examples. Another objective can be increase of links. Linkbait is a form of viral marketing which goal is to increase the number of links to a web site. If it succeeds in doing that, the goal/objective is reached. Linkbait can be very effective in increasing the number of links to a site: in this regard there's no need to wait for it to "mature". The content or form of linkbait is something where you might see more maturity or finesse -- but not in its objective or success in reaching it. Viral Marketing & MarketingMost of these "viral marketing" happenings are simply accidents. Marketers -- old school marketers all -- are simply taking credit for happy accidents and dubbing them "viral" in hindsight. Viral marketing is what it is when the intent is to be viral. That viral campaign can than either be succesful or not but the intent for it to be viral is not accidental. "Old school" marketing seldom has "viral" as the objective. They don't expect you to show up at your friend's place with a Xerox-ad ripped out of a magazine, going "look at this man!" Some ads "click", some don't. That doesn't make (old school) marketing and advertising completely "accidental". Similarly, viral marketing, whether the campaign "clicks" or not, goes through a lot of steps to create this "natural" behavior. Dan Ackerman Greenberg has created a jewel of a post, The Secret Strategies Behind Many "Viral" Videos, which gives some understanding of how much work goes into making a "viral" video campaign, for example. On a smaller scale, anyone who has experimented with social media knows that making something a hit is work -- and that a lot of "hits" that you see are by no means accidental. Toy NY, together with EVB, created 20 microsites for OfficeMax -- among them elfyourself.com. Nothing in that setup, from the creation of the sites to injecting the URL's into conversations, was accidental, in my opinion. The staggering popularity of elfyourself.com vs. the other sites (like yesimworking.com) *that* is a surprise and *that* might have been accidental. |
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