Marbella SEO

The viral marketing business model was first described by Tim Draper and popularized in 1997 to describe Hotmail’s practice of adding advertising to the outgoing mail of their users. Viral marketing had been around for ages. In so many words, it is word-of-mouth advertising.

It is in the nature of a person’s tendency to “tell their friends”. The reference or terminology is the only thing that has changed. Surveys tell us that the average person has at least six close friends. If they have a good experience with a product or a service provider, they will tell those six people about it.

Those same surveys tell us that when an internet user finds something valuable, informative, funny, interesting or free on the internet, they will share that with 12 of their “online friends”. Thus the internet is the backdrop for the most successful viral marketing business model.

Great marketers often remark that in order to sell anything in large numbers, you should consider giving away a free item. I recently downloaded a free e-book with great dieting tips. It made complete sense. It was written by the marketing department of a supplement manufacturer. He suggested that you share the book with everyone. His goal, of course, was to sell supplements.

He may have sold the book. It contained just as much information as some of the diet books out on the market, but he realized the value of giving something away, what he would get in return would be far greater. Not only do people love free stuff, they have a tendency to “trust” people or companies that give them something with no strings attached, especially when that something has value.

You will see countless software programs on the web that offer a free versions and a “ultimate” version. This is another example of a viral marketing business model. If a person sees any free software program, they usually share it with up to 12 people they know would like to try it as well.

Social networking has become extremely popular in recent months. People with a Facebook account have thousands of online friends and they communicate with some of them daily. If you can provide something that they want to share, then you may have a viral campaign waiting to happen.

There are other elements of a successful viral marketing business model. The key element is designing the free item campaign for something free that people can share with others.