Big-Seed Marketing
At the recent Modern Media Strategies workshop at the Heritage Foundation, Patrick Ruffini focused his entire presentation on the eternal killer app: email.
"Eyeballs" are everything for your online presence. As Ruffini put it: "Email is still the closest thing we have to mass communication on the web." He rightly notes that the famed Dean online revolution actually happened via email.
In May of this year, the Harvard Business Review published an excellent piece by Duncan Watts and Jonah Peretti entitled: "Viral Marketing for the Real World". In it they examine the elusive phenomenon where a single email thread or online piece replicates like wildfire across the Internet.
They point out that this type of "viral" event is really accidental, difficult to reproduce, and impossible to predict. Instead they advocate "big-seed marketing." Essentially, big seed marketing:
combines viral-marketing tools with old-fashioned mass media in a way that yields far more predictable results than “purely” viral approaches like word-of-mouth marketing.
They note that true viral marketing involved a "reproduction rate" of 1 or greater. That is, for every personal that receives the message he or she spreads it to more that one other person, thus leading to exponential growth. As the authors note:
By contrast, viral messages with an R of less than 1 are generally considered failures. That’s because purely viral campaigns, like disease outbreaks, typically start with a small number of seed cases and quickly burn themselves out unless their R exceeds the epidemic threshold, or tipping point, of 1.
Not everyone is into "forwarding like it's hot" (ala Michael Scott). Instead, your email send will slowly peter out to zero generation after generation.
However, the authors tell us that this "failure" can be seen as a boon if the initial seeding is large enough. For example, if you have a list of 10,000 and a email infection rate of 0.5 each generation would pass it on to half as many recipients. The math goes like this 5,000 + 2500 + 1250 + 625 + 312 + 156... After 6 generations your email infection burns out but you've reached an extra 20,000 in the process! Not a failure after all.
The authors note several examples of this type of viral marketing. An excellent read with great advice for any blogging marketeer.
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