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MKT 544 Viral Marketing: Group Members
MKT 544 Viral Marketing: Group Members
GROUP MEMBERS : ILLY AMALIENA BINTI IBRAHIM SYED ZIKRIL BIN SYED MAZLAN NURUL AMINAH BINTI NANYAN NURUL AZWANEE BINTI YAZID
JBM 220 4B
PRESENTED FOR :
Viral marketing depends on a high pass-along rate from person to person. If a large percentage of recipients forward something to a large number of friends, the overall growth snowballs very quickly. If the pass-along numbers get too low, the overall growth quickly fizzles. At the height of B2C it seemed as if every startup had a viral component to its strategy, or at least claimed to have one. However, relatively few marketing viruses achieve success on a scale similar to Hotmail, widely cited as the first example of viral marketing.
Viral marketing describes any strategy that encourages individuals to pass on a marketing message to others, creating the potential for exponential growth in the message's exposure and influence.
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