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Info: What is Viral Marketing?

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Education & Training with tech4REpros
Viral marketing is when you create a marketing message so entertaining, interesting, or compelling that others voluntarily spread that marketing message for you. In the old days, before computers, we called this "word of mouth advertising", also known as "referrals", and recognized it as a valuable resource for generating business.

Are you distributing marketing materials and messages that are so entertaining, interesting, or compelling that your clients and prospects would pass them on, or are you simply sending out stock newsletters and "just sold" cards (aka "brag cards") to remind clients and prospects that you haven't left the business yet?

What does it take to produce a viral marketing presentation? It takes a strong message, a little creativity, and smart use of technology. After all, no matter how much I like your hard copy newsletter, I can only pass on the one copy I received, unless I make copies of it for my friends. With blogs, podcasts, and video, the ability to pass on your marketing message is virtually unlimited, but that marketing message needs to be entertaining, interesting, or compelling (preferably all three) to trigger the viral marketing process.

Here is an example of an effective viral marketing presentation. It is a short video created by Daniel Rothamel, a REALTOR from Virginia. Daniel posted it on YouTube.com, a free video sharing platform owned by Google that allows him to publish to a global audience. In three weeks, Daniel's marketing message has been seen almost 8,000 times. Most of those viewers were probably outside his target audience, but if he gets one deal, it will have been well worth the effort.



I read about Daniel's video in a blog post written by Chris Liverett, a REALTOR from Pagosa Springs, Colorado. Chris published his post here on ActiveRain three weeks ago, but I only discovered it today. Blog posts persist, so they can continue to spread your message for months, provided the content is not time sensitive. The equivalent in the offline world is refrigerator magnets and bag clips. I'd like to thank REIL for mine. I will continue to use them even though REIL is now MLSListings.com, Inc.

Have you thought about how you can incorporate technology into your marketing approach in 2008?

Thanks!

Frank Jewett

Comments(5)

Joeann Fossland
Advantage Solutions Group - Tucson, AZ
Master Certified Coach to Motivated Agents
Great points & examples. You are so right! Thanks for the video
Jan 10, 2008 08:59 AM
Jo Olson
HOMEFRONT Realty - Kettle Falls, WA
Retired - HOMEFRONT Realty @ LAKE Roosevelt
Frank, I missed this before - I really liked it. I have been thinking about doing some youtube marketing, but haven't decided on how or what so thanks for the thoughts.
Jan 10, 2008 10:08 AM
Tucson Real Estate Experts Anne McKechnie
Coldwell Banker Residential Brokerage - Tucson, AZ
Previews Property Specialist

great video....the things that are different stand out!

Anne

Jan 10, 2008 01:12 PM
Bill Roberts
Brooks and Dunphy Real Estate - Oceanside, CA
"Baby Boomer" Retirement Planner

Frank, Do you ever sleep? You work so much I don't see how you could possibly have time for sleep.

Bill Roberts

Jan 13, 2008 04:15 AM
Frank Jewett
tech4REpros - San Jose, CA

Joeann, it seems many people apply someone else's "tried and true" formula rather than trying to find their own voice.  Working with experienced coaches is very valuable, but you differentiate yourself by applying your own voice to their concepts rather than reading from the same script that others are already using.  Too many agents are simply looking for prepackaged marketing materials that they can cut and paste or regurgitate.

Jo, I don't think you can predict what will capture the imagination, so the key is to focus on mediums that are conducive to viral "pass it on" marketing, try a few different approaches, and track your results carefully.  By far the greatest number of searches to find my outside blog, which is aimed at real estate professionals, have been combinations of Excel, Publisher, real estate, and templates.  I wrote those two posts in the first month and "exhausted" the topic.  I'm thinking I need to revisit the topic and look for new opportunities.

Anne, the gimmick was great once, but that approach could get old fast.  I think one of the keys was that the message was very focused and simple.  I saw a pitch for an 18 minute podcast the other day.  You would have to be pretty talented to get me to listen for eighteen minutes, regardless of the content.

Bill, Lance the car wash guy puts me to shame, but thanks for the compliment.

Jan 14, 2008 02:06 PM