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Perspectives of
  viral marketing
among managers:
an Internet based
   assessment


UniversitĂ    Master          SE 2007 - 2008
della        of Science in   Lugano, May 26
             Communication
Svizzera
             and Economics
Italiana
                                              ©2007 Master’s Thesis by Veronika Kurucz
1 The context of viral marketing I Frameworks I Research Focus I Methodology I Results & Implications




             Shift in traditional advertising
             Empowered customers

             Blogs
                                              Social networks
             Interactivity                                                       Viral
             “Participatory web”                Consumer                       Marketing
                                               communities
             Widgets
             Web 2.0




UniversitĂ    Master          SE 2007 - 2008
della        of Science in   Lugano, May 26
             Communication
Svizzera
             and Economics
Italiana
                                                                       ©2007 Master’s Thesis by Veronika Kurucz
1 The context of viral marketing I Frameworks I Research Focus I Methodology I Results & Implications


             A few example:




UniversitĂ     Master          SE 2007 - 2008
della         of Science in   Lugano, May 26
              Communication
Svizzera
              and Economics
Italiana
                                                                       ©2007 Master’s Thesis by Veronika Kurucz
The context of viral marketing I         2 Frameworks I Research Focus I Methodology I Results & Implications

                                         Some explanations from the literature

                                        Seth Godin - Unleashing the Ideavirus:
                                        “Viral marketing is an ideavirus”
                                       Emanuel Rosen said in an exclusive interview related on his book, The
                                       Anatomy of Buzz:
                                       “I view Viral Marketing as a subset of Buzz
                                       Marketing”
                                       Malcolm Gladwell - The Tipping Point:
                                       “
if there can be epidemics of crime or epidemics
                                       of fashion, there must be all kinds of things just as
                                       contagious as viruses”.

                                       Everett M. Rogers - Di!usion of Innovations:
                                       “
he process by which an innovation is
                                       communicated through certain channels over
                                       time among the members of a social system”
UniversitĂ    Master          SE 2007 - 2008
della        of Science in   Lugano, May 26
             Communication
Svizzera
             and Economics
Italiana
                                                                                                    ©2007 Master’s Thesis by Veronika Kurucz
The context of viral marketing I         2 Frameworks I Research Focus I Methodology I Results & Implications

                                      Viral Marketing vs. Word of Mouth Marketing

                                                                               VM                           WOM
  >> “..implied endorsement from
  a friend.” (Jurvetson, 1998)                                                  x                               x

  >> “ampliïŹcation of initial marketing
  e!orts” (Thomas, 2004)                                                        x                               x

  >> activates C2C & consumer-to-
  marketer communications                                                       x                               x

  >> online                                                                     x                               x

  >> oquot;ine                                                                      x                               x

  >> delivers product recommendations                                    Not necessarily                        x

UniversitĂ    Master          SE 2007 - 2008
della        of Science in   Lugano, May 26
             Communication
Svizzera
             and Economics
Italiana
                                                                                           ©2007 Master’s Thesis by Veronika Kurucz
?
  The context of viral marketing I Frameworks I   3 Research Focus I Methodology I Results & Implications


                   Viral Marketing - both academic and business literature use it,
                        there are different interpretations with no consistency

             Questions determining the research focus

               >> Can we refer to viral marketing as buzz marketing or WOMM?

                             >> What makes an advertising campaign viral?

             >> Do new technological developments influence whether a product

                       or service can be communicated in a “contagious” way?




UniversitĂ    Master          SE 2007 - 2008
della        of Science in   Lugano, May 26
             Communication
Svizzera
             and Economics
Italiana
                                                                                  ©2007 Master’s Thesis by Veronika Kurucz
The context of viral marketing I Frameworks I Research Focus I   4 Methodology I Results & Implications


                                                                      Internet based discussions
                                                                      Venue: large international online
                                                                      community -

                                                                       >> 7 questions posted
                                                                       >> 71 answers from 52 respondents (24
                                                                       sent back their data)
                                                                       >> 77% of North America
                                                                       >> 87% male
                                                                       >> 78% of the answerers were from
                                                                       people in executive positions (co-founder,
                                                                       owner, partner, president, head of,
                                                                       entrepreneur etc.)
                                                                       >> 94% manager, some of them at
                                                                       renowned companies marketing department

UniversitĂ    Master          SE 2007 - 2008
della        of Science in   Lugano, May 26
             Communication
Svizzera
             and Economics
Italiana
                                                                                     ©2007 Master’s Thesis by Veronika Kurucz
The context of viral marketing I Frameworks I Research Focus I Methodology I   5 Results & Implications


   No clear definitions, opinions strengthened what is communicated in
   business and academic literature:
   >> viral marketing is a complex phenomenon
   >> multiply approaches and considerations

  The most important aspects distinguishing it from
  other marketing methods:
  >> the  way of influence exerted on consumers
      >> and the behaviour generated on the recipient of the message

  >> the context

    >> the viral agent/”ideavirus” that people will be willing to endorse in their social networks
        - both online and offline.

UniversitĂ    Master          SE 2007 - 2008
della        of Science in   Lugano, May 26
             Communication
Svizzera
             and Economics
Italiana
                                                                                      ©2007 Master’s Thesis by Veronika Kurucz
The context of viral marketing I Frameworks I Research Focus I Methodology I   5 Results & Implications



             Future directions:

  >> focus groups - improving the research design and
  execution
  >> content analysis - to elicit a conceptual framework for viral
  marketing
  >> conceptualising - examine how the concept of viral
  marketing relates to other concepts - costumer referrals,
  consumer communities, opinion leaders
etc.




UniversitĂ     Master          SE 2007 - 2008
della         of Science in   Lugano, May 26
              Communication
Svizzera
              and Economics
Italiana
                                                                                      ©2007 Master’s Thesis by Veronika Kurucz
Perspectives of viral marketing among managers: an Internet based assessment




        “I read somewhere that everybody on this planet
              is separated by only six other people.”
             (John Guare, Six Degrees of Separation)




             Thank you for your attention!




UniversitĂ    Master          SE 2007 - 2008
della        of Science in   Lugano, May 26
             Communication
Svizzera
             and Economics
Italiana
                                                          ©2007 Master’s Thesis by Veronika Kurucz

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Perspectives of Viral Marketing

  • 1. Perspectives of viral marketing among managers: an Internet based assessment UniversitĂ  Master SE 2007 - 2008 della of Science in Lugano, May 26 Communication Svizzera and Economics Italiana ©2007 Master’s Thesis by Veronika Kurucz
  • 2. 1 The context of viral marketing I Frameworks I Research Focus I Methodology I Results & Implications Shift in traditional advertising Empowered customers Blogs Social networks Interactivity Viral “Participatory web” Consumer Marketing communities Widgets Web 2.0 UniversitĂ  Master SE 2007 - 2008 della of Science in Lugano, May 26 Communication Svizzera and Economics Italiana ©2007 Master’s Thesis by Veronika Kurucz
  • 3. 1 The context of viral marketing I Frameworks I Research Focus I Methodology I Results & Implications A few example: UniversitĂ  Master SE 2007 - 2008 della of Science in Lugano, May 26 Communication Svizzera and Economics Italiana ©2007 Master’s Thesis by Veronika Kurucz
  • 4. The context of viral marketing I 2 Frameworks I Research Focus I Methodology I Results & Implications Some explanations from the literature Seth Godin - Unleashing the Ideavirus: “Viral marketing is an ideavirus” Emanuel Rosen said in an exclusive interview related on his book, The Anatomy of Buzz: “I view Viral Marketing as a subset of Buzz Marketing” Malcolm Gladwell - The Tipping Point: “
if there can be epidemics of crime or epidemics of fashion, there must be all kinds of things just as contagious as viruses”. Everett M. Rogers - Di!usion of Innovations: “
he process by which an innovation is communicated through certain channels over time among the members of a social system” UniversitĂ  Master SE 2007 - 2008 della of Science in Lugano, May 26 Communication Svizzera and Economics Italiana ©2007 Master’s Thesis by Veronika Kurucz
  • 5. The context of viral marketing I 2 Frameworks I Research Focus I Methodology I Results & Implications Viral Marketing vs. Word of Mouth Marketing VM WOM >> “..implied endorsement from a friend.” (Jurvetson, 1998) x x >> “ampliïŹcation of initial marketing e!orts” (Thomas, 2004) x x >> activates C2C & consumer-to- marketer communications x x >> online x x >> oquot;ine x x >> delivers product recommendations Not necessarily x UniversitĂ  Master SE 2007 - 2008 della of Science in Lugano, May 26 Communication Svizzera and Economics Italiana ©2007 Master’s Thesis by Veronika Kurucz
  • 6. ? The context of viral marketing I Frameworks I 3 Research Focus I Methodology I Results & Implications Viral Marketing - both academic and business literature use it, there are different interpretations with no consistency Questions determining the research focus >> Can we refer to viral marketing as buzz marketing or WOMM? >> What makes an advertising campaign viral? >> Do new technological developments influence whether a product or service can be communicated in a “contagious” way? UniversitĂ  Master SE 2007 - 2008 della of Science in Lugano, May 26 Communication Svizzera and Economics Italiana ©2007 Master’s Thesis by Veronika Kurucz
  • 7. The context of viral marketing I Frameworks I Research Focus I 4 Methodology I Results & Implications Internet based discussions Venue: large international online community - >> 7 questions posted >> 71 answers from 52 respondents (24 sent back their data) >> 77% of North America >> 87% male >> 78% of the answerers were from people in executive positions (co-founder, owner, partner, president, head of, entrepreneur etc.) >> 94% manager, some of them at renowned companies marketing department UniversitĂ  Master SE 2007 - 2008 della of Science in Lugano, May 26 Communication Svizzera and Economics Italiana ©2007 Master’s Thesis by Veronika Kurucz
  • 8. The context of viral marketing I Frameworks I Research Focus I Methodology I 5 Results & Implications No clear definitions, opinions strengthened what is communicated in business and academic literature: >> viral marketing is a complex phenomenon >> multiply approaches and considerations The most important aspects distinguishing it from other marketing methods: >> the way of influence exerted on consumers >> and the behaviour generated on the recipient of the message >> the context >> the viral agent/”ideavirus” that people will be willing to endorse in their social networks - both online and offline. UniversitĂ  Master SE 2007 - 2008 della of Science in Lugano, May 26 Communication Svizzera and Economics Italiana ©2007 Master’s Thesis by Veronika Kurucz
  • 9. The context of viral marketing I Frameworks I Research Focus I Methodology I 5 Results & Implications Future directions: >> focus groups - improving the research design and execution >> content analysis - to elicit a conceptual framework for viral marketing >> conceptualising - examine how the concept of viral marketing relates to other concepts - costumer referrals, consumer communities, opinion leaders
etc. UniversitĂ  Master SE 2007 - 2008 della of Science in Lugano, May 26 Communication Svizzera and Economics Italiana ©2007 Master’s Thesis by Veronika Kurucz
  • 10. Perspectives of viral marketing among managers: an Internet based assessment “I read somewhere that everybody on this planet is separated by only six other people.” (John Guare, Six Degrees of Separation) Thank you for your attention! UniversitĂ  Master SE 2007 - 2008 della of Science in Lugano, May 26 Communication Svizzera and Economics Italiana ©2007 Master’s Thesis by Veronika Kurucz