Will Marlow

Digital problem solving 

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viral marketing

 

How Do Things "Go Viral"?

A lot of people think (or hope) that one of their ideas or marketing materials will somehow "go viral," but most people don't put much time into thinking about what actually causes something to spread virally.  Without doing too much math, here's the basics of how something spreads virally: You start with your initial userbase (let's say it's 100 users).  A percentage of your userbase (for easy math, let's say 10%) will invite 10 people to check out your idea or product. Of those 10 invites they send out, let's assume 10% accept the invitation and become new users.  You add these new users to your original userbase.  But you also should assume (for easy math) that your attrition rate is 10%, so you subtract 10% from your initial userbase.  This represents one wave of viral growth that will then repeat itself to continue the trend.  (In this example, of course, you're losing the same number of users that you're gaining.)

But here's how it gets tricky: you can assume that your viral growth will get worse over time, because in the second, third, and fourth waves of growth, you can expect more and more invitations to go out to the same people, which means your conversion rate (which started out at 10%) may plummet as invitations reach people who are already users, or who have already rejected invitations.  So people begin adopting it at a lower rate, while your attrition rate is likely to stay the same.  This means that each wave of growth is smaller, until eventually it stops.  As Andrew Chen explains it, each "new batch of users needs to exceed the previous batch in order to "go viral."

What can you do with this information?  Well, the most important thing you can do is set measurable goals for viral activity to guide your decisions and planning to avoid wasting time and resources.  If you know what you're looking for (adoption rate; conversion rate of new users; attrition rate of your base over time; the size of the universe of users), you can actually measure the factors that have the greatest impact on your success and you can learn how to improve results over time.  Like most useful things, viral activity isn't guided by one enormous X-factor that either is present or absent.  If you know the rules, you can make it happen.

PS - If you want to go deeper into viral models, follow this link to read Andrew Chen's stuff.  I will return to this topic periodically, and I hope my posts are helpful on this subject, but if there's a better place than Chen's blog to go for an in depth, technical analysis of viral products and marketing, I'm unaware of it.

Will Marlow co-founded AlumniFidelity to help his clients reposition their fundraising to benefit from Web 2.0 technology and marketing techniques. He’s working with clients such as UVA, the College of William & Mary, the University of Oklahoma, Bowling Green State University, Randolph Macon College, and he loves nothing better than a thorny marketing challenge.  Email him at will@alumnifidelity.com 

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Filed under  //   Andrew Chen   Best of WM   Entrepreneurs   Go viral   Replication   Software adoption   Viral adoption   viral marketing  

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The Most Helpful Advice I've Received On Blogging

Here is the most helpful advice I've received so far on blogging.  Some points seem to contradict other points, but I've found it all helpful when taken together.

1.  If you're a true novice, start with a Twitter account, and just post updates with links to stories and blogs that interest you and your niche.
2.  Do your blogging on Posterous, because it's a new blogging service and they are trying REALLY hard to be the best (and they're doing a great job).
3.  Install Google Analytics, but then ignore the results. 
4.  Buy a custom domain, so that if you ever want to change blogging services you can carry your domain with you.
5.  Just start writing, and don't worry too much about what niche you're blog will fill, or even what topics you'll cover longterm.  The priority is finding your voice.
6.  Use Google Reader, and read A LOT of blogs regularly.  
7.  Comment on other blogs as often as you can, but only comment when you have something interesting to say.
8.  Quality is more important than quantity.   
9.  Don't worry too much about quality, because in the beginning absolutely no one is reading your blog :), and you can always go back and erase posts later.  The most important thing is to find your voice, and you'll only do that if you write regularly.
10.  Your priority should be posting regularly, not with high frequency. 
11.  Stop ignoring Google Analytics.  Start looking at your Google Analytics reports and take note of your most popular posts.  
12.  Look at which keywords people type into Google to find you.  Write about those topics more.  
13.  Be honest with readers.  They'll only be interested in your writing if you're honest.
14.  Add Avinash Kashik to your Google Reader, and take his posts seriously about Google Analytics.  You'll learn a lot about how your readers are interacting with you if you read him carefully.

If you have advice that you would add to this, email me or post your points in the comments below.  

Will Marlow co-founded AlumniFidelity to help his clients reposition their fundraising to benefit from Web 2.0 technology and marketing techniques. He’s working with clients such as UVA, the College of William & Mary, the University of Oklahoma, Bowling Green State University, Randolph Macon College, and he loves nothing better than a thorny marketing challenge.  Email him at will@alumnifidelity.com

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Filed under  //   Blog   Blog strategy   Marketing   Popular blogging   viral marketing  

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What Makes a Good (Free) e-Book

I like the free e-book format as "primers" for some topics, and I hope more are written in the future.  

In my opinion, for a topic to make a good free e-book like this, you want to make sure (1) there is a high level of interest in the topic (people are looking for the information using search engines), (2) the topic is somewhat new, so people don't yet know where to go for a definitive explanation of the topic, and (3) the topic should be something that truly rewards the reader for digging a little deeper. 

I wish someone like Avinash Kaushik would write a good, free e-book primer on Google Analytics, for example.  (In that case, it could basically be a re-ordering and slimming down of his selected blog posts.)  Something like Google Analytics has a high level of interest; it's a relatively young thing, and it's practically worthless if you don't understand some basic concepts behind it.  Or, more positively, it's something that can help you revolutionize your business if you understand it a little bit.  

Here are some other topics that I think are owed free explanatory e-books:

(1) Photo editing using free and purchased software.
(2) HTML
(3) Video production using free and purchased software
(4) Adwords

I think that as iPhones and Kindles and tablet computers keep getting more market share, more books won't just be made available as e-books. More books will be written specifically to be e-books.  They'll incorporate graphics and videos and links, and readers will seek them out as the go-to source for more and more subjects.  I think they'll go to the e-book right after their interest is whetted by the Wikipedia article, or possibly before.

Will Marlow co-founded AlumniFidelity to help his clients reposition their fundraising to benefit from Web2.0 technology and marketing techniques. He’s working with clients such as UVA, the College of William & Mary, the University of Oklahoma, and Bowling Green State University, and he loves nothing better than a thorny marketing challenge.  Email him at will@alumnifidelity.com

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Filed under  //   e-book   e-books   e-publishing   publishing   self-publishing   viral marketing  

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