Influx Insights Tag Feed: p&G
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2008-11-21T23:23:29Zwhat's wrong with viral marketing?
http://www.influxinsights.com/blog/article/1355/what-s-wrong-with-viral-marketing-.html
<a target="_blank" href="http://www.amazon.com/exec/obidos/tg/detail/-/0393041425/102-7519103-7759328?vi=glance">Duncan Watts</a>, Professor of Sociology at Columbia University, was recently interviewed on the topic of viral marketing for<a target="_blank" href="http://www.hbsp.harvard.edu/b01/en/hbr/hbr_ideacast.jhtml"> HBR’s Ideacast </a>series.<br><br>Watts started out by explaining how viruses work, highlighting how it’s well known to science that a small number of people start epidemics. For a virus to become an epidemic, it requires each infected person infects at least one other person. Infect less than one and a viral epidemic doesn’t occur. <br><br>In science terms, an epidemic requires a <b>“reproduction rate” of 1.</b> <br><br>Watts believes marketers need think beyond viral, to an alternative that he calls <b>Big Seed Marketing</b>. This demands marketers go beyond the analogy of viral, where current thinking demands that viruses start with a small number of people. His recommendation is not to replace traditional marketing with viral, but introduce viral elements to traditional programs. <br><br>Simply put, pay for an initial base and then add tools to help spread the idea. <br><br>Watts used <b>Procter and Gamble’s </b>launch of <b>Tide Cold Water</b>, as an example of Big Seed Marketing in action. P&G wanted a true viral effect, but in tests campaigns generated “reproduction rates” that were significantly less than 1. <br><br>Procter then sent the campaign to its mailing list of 900,000 people and discovered that it took <b>20 people to infect 1</b>. Although the impact wasn’t as viral as they had hoped for, they still added 40,000 people for no cost. Importantly, they didn’t start out small hoping to seed the idea; they started with almost 1 million people. <br><br>For years we’ve been using the “viral” in viral marketing, thinking and hoping that it’s marketing that works like a virus, it turns out we were wrong on two fronts; there’s no such thing as a truly viral marketing campaign and if you want to get the next best thing, forget small, you need to start out big.<br><br>Influx Insights2007-05-13T23:26:54Z