Thursday, February 20, 2014

Concept of Viral Marketing

Concept of Viral Marketing

Juvertson and Draper was developed the viral marketing In 1997, they described free email service for Hotmail, explained term ―viral marketing as ―network-enhanced Word-of-Mouth.WOM includes ―Interactive Marketing, viral marketing, Internet communication, Internet word of mouth and word of mouse, buzz marketing, online feedback, interactive or electronic word of mouth advertising and social sites referral.

Viral marketing, in sum, may be described as any strategy that encourages individuals to pass on a marketing message to others, creating the potential for exponential growth in the message's exposure and influence. Like viruses, such strategies take advantage of rapid multiplication to explode the message to thousands, to millions.

What is meant by Viral Marketing?
(Dr. Ralph F. Wilson, E-Commerce Consultant Web Marketing Today, February 1, 2005. Originally published 2/1/2000)

Viral marketing describes any strategy that encourages individuals to pass on a marketing message to others, creating the potential for exponential growth in the message's exposure and influence. Like viruses, such strategies take advantage of rapid multiplication to explode the message to thousands, to millions.

Off the Internet, viral marketing has been referred to as "word-of-mouth," "creating a buzz," "leveraging the media," "network marketing." But on the Internet, for better or worse, it's called "viral marketing." While others smarter than I have attempted to rename it, to somehow domesticate and tame it, I won't try. The term "viral marketing" has stuck.
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