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A
successful viral marketing campaign is seen as the Holy Grail
for many marketers. The ability to reach many more prospects
from much a small list, along with the added power in the
message a referral gives makes it the ultimate marketing tool.
For many
marketers the risk is also quite small – the cost of viral campaigns are
minimal compared to many other forms of marketing that bring the same exposure.
However
there has been a spate of poorly executed campaigns that have not been given
any thought and have failed in their attempts to spread a message to a wider
audience.
This article
looks at how you can utilise Viral Marketing effectively.
How
can I use Viral Marketing?
Viral marketing
is not just the emailing of a Flash based game or a movie.
The simplest
form of viral marketing is simply the ‘Forward to a friend’ link
or form. Once you have set this up it can be used again and again. It won’t
generate huge amounts of additional traffic but the traffic it generates is
highly targeted because the referrer knows that it is something the recipient
will be interested in.
More complicated
viral campaigns can revolve around the following:
- Competitions
- Games
- Movies
and humour
For these
campaigns to work there needs to be two factors in place:
1) An ‘Impact
Factor’
2) Incentives to transmit
Without
these recipients will not forward your email.
The impact
factor is what makes the email transmit quickly such as a funny video clip,
a flash based game or an online competition.
Where marketers
do get this wrong is where the ‘impact factor’ simply has no impact.
Most people would have at some time received a flash game from their bank or
insurance company. The game would probably revolve around some tenuous link
to the company’s products such as catching falling money into a bag.
This sort
of viral marketing will not work because no one would want the embarrassment
of forwarding something like this. Choosing the right impact factor for your
business is vital – there is a balance to be achieved between creating
the necessary impact to achieve fast transmission and the relevance to your
company and its products. Admittedly it is a lot harder to do this in traditional
B2B industries and B2C financial services where you are generally limited to
competitions and prize draws.
The incentive
factor is also vital – try some of the following:
- Offer
an additional entry to a prize draw for every additional person the recipient
forwards it to.
- Offer
a discount voucher when the recipient forwards the email to five friends.
When designing
a viral campaign it is also important to bear the following in mind to maximise
the success.
1) Collect
opt-in’s to your newsletter
If your
email is being sent to thousands of people then why not get them to opt-in to
your newsletter? Using viral marketing is one of the most effective ways of
building your own opt-in list.
Remember
though that you cannot send any further emails to addresses you have collected
via viral marketing without collecting their opt-in.
2) Avoid
the following in your campaigns….
- Asking
for too much information when asking to refer a friend. Keep it down to first
name, email address and nothing else.
- Using
a medium that your list cannot handle – don’t use bandwidth draining
Flash games, videos or complicated viral mechanisms where your recipients
technology cannot cope.
What transmission rates can I expect?
It is never
easy to judge how successful a campaign will be. It all depends on the incentive,
impact factor and the usual factors you would look at in the campaign such as:
- Timing
- Subject
Lines
- Relevance
Typical
viral campaign results we have achieved in recent months for our clients include:
- 29% pass
on rate for a special retail promotion based around a hosted flash based game.
- 2% pass
on rate from a regular travel newsletter with a simple forward to a friend
option.
You can
of course get much higher rates than this – indeed in past campaigns we
have achieved a pass on rate of nearly 200%. However to say this is the norm
would not be setting correct expectation levels.
To
discuss a potential viral campaign further with Emailcenter,
and for our advice call us on 01327 350921.
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