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Monday, October 06, 2008

 

BEYOND THE BUZZWORDS
By Reylito A.H. Elbo

Viral marketing: Making the world smaller

 
THIS time, I’m thinking of doing an out-of-the-box management research because I was inspired by the Ig Nobel Prize that gave wide recognition to our everyday medicine also known as Coca-Cola.

For 2008, the top prize on chemistry was shared by two sets of winners: One group is composed of Sharee Umpierre, Joseph Hill and Deborah Anderson who discovered that Coke is an effective spermicidal, much more if it’s Diet Coke.

A group of Taiwanese doctors were also honored for a related study to prove that soft drinks, including Coca-Cola were not effective contraceptives.

Among others, the Ig Nobel awards were extended to the discoverers of the following research:

• Lap and exotic dancers earn more at the height of their ovulation cycle.
• Fleas living on a dog can jump higher than the fleas living on a cat.
• High-priced fake medicine is more effective than a low-priced fake medicine.
• The sound of a potato chip can be electronically altered so the person eating the chip believes it is crispier and fresher than its actual condition.

Think of how much better off our country would be if some of us here in the Philippines would resort to this type of research, at least once in a while. Think of how great it would be if someone could prove that there are more corrupt lawyer-politicians than non-lawyer politicians.

So anyway, as I said, the Ig Nobel Prize got me to thinking about technology in general and how it could be applied to marketing, which is not exactly a difficult proposition.

That’s how I came to discover “viral marketing” which was coined by Harvard Business School professor Jeffrey Rayport. As reported by Wikipedia, among the first one to write about viral marketing on the Internet was Douglas Rushkoff in his book called Media Virus (1994).

 Viral marketing goes something like this. An advertiser posts an online paid ad in select but popular websites. If it reaches a “susceptible” user, that user will become “infected” if and when he decides to sign up for an account or bookmarks a site.

Some excellent examples of viral marketing are mostly done by popular web upstarts like YouTube and Facebook, according to Wikipedia which could be another beneficiary of viral marketing.

Of course, we may not know how viral marketing could prove itself in the long run. Likewise, this does not mean we should be against it this early. That’s why we should not ignore this marketing strategy.

I’m saying this because I happen to use another version of viral marketing. Some people call it spamming, but we—decent citizens of events management industry gave it a strategic name—“e-blasting” which is not exactly part of basic marketing curriculum in most colleges and universities.

“Thank you!” says one person who sent me an e-mail with the subject line “Unsubscribe.” He was thanking me as if he was anticipating getting a multimillion peso contract from the government.

“Likewise,” I responded as if it was a major philosophical position as opposed to a kidney ailment caused by melamine. Good riddance! You’re only one compared to thousands who wish to be a part of my circle.

Anyway, my feeling is—this guy is not yet ready to assume his place in a modern society as described by my vast network of friends in the business community, to put it mildly.

Meanwhile, technology marches on. Thanks to these new inventions conceived by these Ig Nobel Prize winners. I can’t wait now to join them later. If you want to find out what my potential research would be, send me an e-mail and I’ll be glad to include your name in my database.

___

Rey Elbo is a business consultant specializing in human resources and total quality management as a fused specialty. Reader’s feedback may be sent to kairoshq@info.com.ph

  
 

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