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The value of viral loops

Posted by Ryan Lou
Filed under Entrepreneurial marketing | Comment | We can do better than 43 views, Re-Tweet us or Share on Facebook

word-of-mouth-marketing

Have you met people who immediately light up a room with their presence. Some people seem to be born with that natural talent. Others like us, work hard at increasing our charisma knowing that the success of our venture often depends on it.  

Whatever approach you use for your business, it is just as important to have a business personality and use that to create a viral community around your brand.

Seth Godin calls this, building marketing assets; your job is to build assets everyday and make sure the cost of building those assets are less than its value.

In an exclusive interview with Mark Zuckerberg (Facebook), Mark identifies the importance of these viral loops that were responsible for the fanatical growth rates Facebook enjoyed. See: The value of Viral Loops with Mark Zuckerberg.

So while you’re thinking about the technology, business model or funding for your business, don’t forget the importance of creating word of mouth.

This entry was posted on Monday, October 5th, 2009 at 11:27 pm and is filed under Entrepreneurial marketing. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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