How to Use Multiply Your Marketing Like
a Virus
Home > Promote > Marketing
> Viral Marketing
by
Michel Fortin
As you probably
know by now, the big talk on the Internet these days is about "Melissa" and its
copycat versions. No, it's not an adult-oriented Web site or some new software
game, but a virus (see www.cert.org).
And the devious (or perhaps brilliant) way it works is that, after opening the
e-mail attachment, it sends more virus-infected e-mails to the first 50 people
in your address book without your knowledge.
While we are bombarded
with anti-virus warnings telling us to never open an attachment from someone unknown
to us, how can we not resist doing so when the e-mail comes from someone we actually
do know (since the virus uses personal address books to multiply itself)? In fact,
Melissa uses Microsoft® Outlook's mail merge command to actually incorporate the
recipient's name within the body of the message, making the seemingly personalized
-- and unsuspectingly harmful -- e-mail to be instantly trusted. Because of that
vulnerability, Melissa has been purported to be the fastest-spreading virus to
ever appear on the "cyberscene."
Nevertheless and interestingly
enough, we can certainly learn the way Melissa (and viruses in general) work and
act -- and, in the same way, apply that process and strategy to online marketing.
Also known as "viral marketing," the concept is generally to proliferate the knowledge
of your existence on the Web through other people's efforts. Be it "word-of-eye"
advertising, referrals, affiliate programs, joint ventures and so on, it all comes
down to that fundamental business process we call "networking." And according
to Jill Griffin's wonderful book "Customer Loyalty: How to Earn it, How to Keep
it," we are more open, trusting, and loyal when doing business with (or being
marketed by) people we know -- and we certainly refer them to others more often
as well.
Make Your Net Work
Online, networking is
probably more important if not essential since cyberspace is dimensionless and
expansive. It grants you the ability to reach corners untapped; areas that would
have been unreachable otherwise. However, there's a caveat: There's a lot of hype
lately about the benefits of networking, but I personally don't advocate traditional
networking (the institutional or "I'm open for business" kind) because, in my
experience, it hasn't brought me anything substantial in return.
While it can be a fantastic marketing tool, the way in which networking is conducted
is often the reason why it does not produce any favorable results. When you're
only networking, more often than not people will want something in return or else
they will lose interest if you don't take the time to recognize their efforts.
And if you don't, you will paradoxically need to network even more, which defeats
the purpose altogether.
As discussed in one of my previous articles,
"How To Create Powerful Strategic
Alliances", a way to consistently reward your network is to turn your networking
efforts into networking systems (in other words, developing strategic marketing
alliances). If you and your alliance share a same target market, you can effectively
cross-promote or share markets with each other. While there are as many different
forms of systematized networking systems out there as there are businesses, one
of them that is quite effective is what I call "info-networking."
An info-network is one in which information is exchanged in some form or another
between parties. That information includes qualified leads that you can both share
or information about each other that is promoted to each other's market or client
base. As long as your alliance logically shares a same target market with you
but without directly competing with your business, it can become a potentially
rewarding relationship. This includes, for example, swapping ad space in e-zines,
posting reciprocal links, co-advertising, promoting exclusive offers, submitting
articles for publication, participating in discussion lists, etc.
But info-networking goes further. It also refers to mailing lists where you can
swap each other's prospect or client lists -- particularly offline or "opt-in"
lists. While privacy online is becoming an increasingly important issue, cross-promotion
is not limited to physically sharing such lists. Web sites and e-zine publishers,
for example, have opt-in lists that range from 100 to 100,000 subscribers. Many
cross-market their lists, such as offering "solo" ads or offers from other subscribers
-- but of course, at a cost. However, if you publish your own e-zine or maintain
your own opt-in lists, the obvious advantage is that you can swap ads, "solo"
ad space, or listowner-endorsed exclusive offers with each other.
Joint Ventures, Affiliate Programs, and Exclusive Offers
However, there's
another form of networking that may be more effective, particularly for those
of you who do not share or cross-market your lists. I call it "auto-networking."
This system goes beyond simply submitting your site to search engines, swapping
your ad or offer with others, or placing your offer on "free-for-all" links directories
-- all with the hope that they will produce something in return. It means a process
through which you are constantly and systematically exchanging leads with your
strategic alliance. On the Internet, this technique is one in which a systematized
method of cross-promotion between you and your alliance through a unique, joint
marketing effort is created.
For example, this includes the coupling
of complementary coupons or special offers that are exclusively marketed to each
other's clientele. While different, these offers complement each other well and
appear under the banner of a single promotion. Another is the process of amalgamating
products, services, offers, or information that complement each other's portfolio.
If your alliance sells a product online, they can add to that particular purchase
additional bonuses from your own Web site or business, which may include your
special offer or one of your products that complements their own.
You can even create an entirely new and distinct product, service, or information
package from both companies and sold simultaneously from both sites. Here's an
example: You sell cookware online. You can easily team up with a publisher specializing
in cookbooks and throw a book in the mix. While you raise the price and split
the profits with the publisher, you naturally and instantly raise the perceived
value of the cookware through a co-branded or combined package of non-competing
products or services. Best of all, you share in each other's traffic, market,
lead-base, and referral-sources (i.e., network).
Here's another
example: If you're a software programmer and you have created a program that,
say, targets businesspeople, don't just give it away as shareware. Offer it to
other sites that target businesspeople and let them offer it as well. While your
program may not relate to your alliance's product, they both appeal to a same
market and together make the offer more irresistible. In addition to the fact
that your program makes your alliance look good or their offer more palatable,
if your shareware is copyright-free you get your software to multiply itself rapidly
-- especially within a market of much higher quality by virtue of the nature of
your alliance's business.
Ultimately, you can create affiliations,
alliances, referral-sources, and centers-of-influence that can help propagate
the knowledge of your existence on the Web and, like a virus, multiply your online
marketing punch. Focus on building a successful business using some of these effective
strategies and the knowledge of your existence will spread like wildfire.