3D TV coming to Best Buy this week

viral marketing

Viral marketing refers to the business practice of advertising or raising awareness through social circles, specifically social networks. A viral marketing campaign tries to either raise name recognition and brand popularity or to market a specific service or product, especially through online channels such as Facebook or MySpace. The goal of such a strategy is for word to pass quickly from person to person through contacts, groups, and friend lists, raising maximum awareness and buzz without using a large part of the marketing budget. Companies can do this through well-placed ads, creating their own social networking profiles, or spreading word through a number of pseudo profiles and messages. Businesses can also use multimedia aspects of social networking such as games to heighten pass-along numbers, or the percentage of people who pass the information along to their friends.

Viral marketing campaigns often cite Hotmail as being the first example of successful viral marketing.

MarketPlace