the art and science of viral marketing · science-= sustainable viral growth modeling viral growth...

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the art and science of viral marketing SAVVAS ZORTIKIS

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Page 1: The art and science of viral marketing · science-= sustainable viral growth modeling viral growth ./ applying consumer behavior: why do people share? the shed at dulwich 0 #18,149

the art and science of viral marketing

SAV

VA

S Z

OR

TIK

IS

Page 2: The art and science of viral marketing · science-= sustainable viral growth modeling viral growth ./ applying consumer behavior: why do people share? the shed at dulwich 0 #18,149

the old way !

👨💸💸

💸 💸

=💸💸

💸 💸

💸💸

$% 👩' (👱 👩* (

new customerspaid ads

Page 3: The art and science of viral marketing · science-= sustainable viral growth modeling viral growth ./ applying consumer behavior: why do people share? the shed at dulwich 0 #18,149

*

the new way 🌟

👩

👨

( %'👨

happy customer💜

new customersnew customers

Page 4: The art and science of viral marketing · science-= sustainable viral growth modeling viral growth ./ applying consumer behavior: why do people share? the shed at dulwich 0 #18,149

how does one group of customers leads to another group of customers?

Page 5: The art and science of viral marketing · science-= sustainable viral growth modeling viral growth ./ applying consumer behavior: why do people share? the shed at dulwich 0 #18,149

tacticsconsumer behavior

metricsx x

-

art

-

science

-

=sustainable viral growth

modeling viral growth .🔬

Page 6: The art and science of viral marketing · science-= sustainable viral growth modeling viral growth ./ applying consumer behavior: why do people share? the shed at dulwich 0 #18,149

applying consumer behavior: why do people share?

Page 7: The art and science of viral marketing · science-= sustainable viral growth modeling viral growth ./ applying consumer behavior: why do people share? the shed at dulwich 0 #18,149

the shed at dulwich 🍽

Page 8: The art and science of viral marketing · science-= sustainable viral growth modeling viral growth ./ applying consumer behavior: why do people share? the shed at dulwich 0 #18,149

#18,149

Page 9: The art and science of viral marketing · science-= sustainable viral growth modeling viral growth ./ applying consumer behavior: why do people share? the shed at dulwich 0 #18,149

menu comprised of moods 😯

Page 10: The art and science of viral marketing · science-= sustainable viral growth modeling viral growth ./ applying consumer behavior: why do people share? the shed at dulwich 0 #18,149

controversial photos 😱

Page 11: The art and science of viral marketing · science-= sustainable viral growth modeling viral growth ./ applying consumer behavior: why do people share? the shed at dulwich 0 #18,149

#1

Page 12: The art and science of viral marketing · science-= sustainable viral growth modeling viral growth ./ applying consumer behavior: why do people share? the shed at dulwich 0 #18,149

“I realize what it is: the appointments, lack of address and general exclusivity of this place is so alluring that people can’t see sense. They’re looking at photos of the sole of my foot, drooling. Over the coming months, the Shed's phone rings incessantly.O

OB

AH

BU

TLER

Page 13: The art and science of viral marketing · science-= sustainable viral growth modeling viral growth ./ applying consumer behavior: why do people share? the shed at dulwich 0 #18,149

“I realize what it is: the appointments, lack of address and general exclusivity of this place is so alluring that people can’t see sense. They’re looking at photos of the sole of my foot, drooling. Over the coming months, the Shed's phone rings incessantly.gamification

Page 14: The art and science of viral marketing · science-= sustainable viral growth modeling viral growth ./ applying consumer behavior: why do people share? the shed at dulwich 0 #18,149

“I realize what it is: the appointments, lack of address and general exclusivity of this place is so alluring that people can’t see sense. They’re looking at photos of the sole of my foot, drooling. Over the coming months, the Shed's phone rings incessantly.exclusivity

Page 15: The art and science of viral marketing · science-= sustainable viral growth modeling viral growth ./ applying consumer behavior: why do people share? the shed at dulwich 0 #18,149

“I realize what it is: the appointments, lack of address and general exclusivity of this place is so alluring that people can’t see sense. They’re looking at photos of the sole of my foot, drooling. Over the coming months, the Shed's phone rings incessantly.remarkable

Page 16: The art and science of viral marketing · science-= sustainable viral growth modeling viral growth ./ applying consumer behavior: why do people share? the shed at dulwich 0 #18,149

ExclusivityGamification Remarkablex x

Page 17: The art and science of viral marketing · science-= sustainable viral growth modeling viral growth ./ applying consumer behavior: why do people share? the shed at dulwich 0 #18,149
Page 18: The art and science of viral marketing · science-= sustainable viral growth modeling viral growth ./ applying consumer behavior: why do people share? the shed at dulwich 0 #18,149

tactics: how to engineer virality through referral marketing

Page 19: The art and science of viral marketing · science-= sustainable viral growth modeling viral growth ./ applying consumer behavior: why do people share? the shed at dulwich 0 #18,149

how we made sunscreen go viral 🦄

Page 20: The art and science of viral marketing · science-= sustainable viral growth modeling viral growth ./ applying consumer behavior: why do people share? the shed at dulwich 0 #18,149
Page 21: The art and science of viral marketing · science-= sustainable viral growth modeling viral growth ./ applying consumer behavior: why do people share? the shed at dulwich 0 #18,149

the milestone concept 🎯

Page 22: The art and science of viral marketing · science-= sustainable viral growth modeling viral growth ./ applying consumer behavior: why do people share? the shed at dulwich 0 #18,149

analytics: forecasting and optimization

Page 23: The art and science of viral marketing · science-= sustainable viral growth modeling viral growth ./ applying consumer behavior: why do people share? the shed at dulwich 0 #18,149

forecasting and optimization 🤓

Page 24: The art and science of viral marketing · science-= sustainable viral growth modeling viral growth ./ applying consumer behavior: why do people share? the shed at dulwich 0 #18,149

forecasting and optimization 🤓

Page 25: The art and science of viral marketing · science-= sustainable viral growth modeling viral growth ./ applying consumer behavior: why do people share? the shed at dulwich 0 #18,149

forecasting and optimization 🤓

Page 26: The art and science of viral marketing · science-= sustainable viral growth modeling viral growth ./ applying consumer behavior: why do people share? the shed at dulwich 0 #18,149

6 lessons learned after studying 3,468 referral marketing campaigns

Page 27: The art and science of viral marketing · science-= sustainable viral growth modeling viral growth ./ applying consumer behavior: why do people share? the shed at dulwich 0 #18,149

6 Have 4-5 Milestones to incentivize

people to push for more referrals

6 The 1st Milestone should be

easily achievable (1-3 referrals)

6 The last Milestone should be

difficult for people to get to it (eg. 50-200 referrals)

#1 milestone structure

Page 28: The art and science of viral marketing · science-= sustainable viral growth modeling viral growth ./ applying consumer behavior: why do people share? the shed at dulwich 0 #18,149

#2 offline WOM counts for 80% of total WOM

Page 29: The art and science of viral marketing · science-= sustainable viral growth modeling viral growth ./ applying consumer behavior: why do people share? the shed at dulwich 0 #18,149

#3 memorable referral codes for Instagram stories

Page 30: The art and science of viral marketing · science-= sustainable viral growth modeling viral growth ./ applying consumer behavior: why do people share? the shed at dulwich 0 #18,149

#4 showing off people amplifies social currency

Page 31: The art and science of viral marketing · science-= sustainable viral growth modeling viral growth ./ applying consumer behavior: why do people share? the shed at dulwich 0 #18,149

#5 80% of referrals come from up to 2 sharing channels

6 Twitter saw the highest

share/referral ratio: 46% of shares resulted in a referral.

As far as shares, Facebook was where the campaign took off. 25% of shares resulted in a referral, but it had 3X more total shares.

6 From total invites sent, 50%

were sharing a link on social media and 50% via email.

90% of conversions were coming from email.

Unicorn Snot #B2C Big SaaS CRM #B2sB

Page 32: The art and science of viral marketing · science-= sustainable viral growth modeling viral growth ./ applying consumer behavior: why do people share? the shed at dulwich 0 #18,149

#6 engagement hooks leads up to 40% more shares