This is a video assignment in our Viral Marketing Class for my Internet Marketing Degree.

Week 1: We were assigned a fictitious company. I chose GIft Baskets for All.
We created a Discovery Brief on that business in week 1.

Week 2: We the had to develop a Creative Concept Brief, describing the outreach concept of our Viral Marketing Plan.

The goal of the marketing plan was to reach new market segments and increase sales/revenues throughout the year, trying to level the peaks and valleys of the prime selling season that evolved mostly around the holidays and purchases for Women (birthdays, Mother’s Day, Easter, etc).

Week 3: Where we had to create a movie as the outreach product of the Marketing Plan.  The goal of the movie was to speak to the new market segments we wanted to reach.

I decided to target two verticle segments: College Students and Men – neither of whom receive many gift baskets, but both of which would benefit from them.

The emotional hook I tried for was that men were suffering the lack of gift baskets, and knew that certain favorite items would be easy to put in along side other premium items that would surprise them. The gift baskets for college students evolved around “care baskets” – students cannot survive on pizza and cafeteria food entirely – they need fruit and – well yes, even candy!

I admit, I am NOT a movie producer, but I did my best -with the help of my friends (whose names I promised to keep to myself) to get the point I needed to make across to the audience. LOL

Google’s new Street View Snowmobile!

Just in time for the 2010 Olympics, Google announces their Street View Snowmobile.  I love this idea!  So many years I’ve wished for a more “community-centric” view of the Olympics – more visuals of the snowy peaks and the villages.

This year, we will be able to become even more immersed in the Winter Olympics than in years past!  All the thanks goes to Google’s newest addition to Street View – the Snowmobile!

This is such a great idea, it makes me wonder if they are working to retrofit a BOB with video equipment for the Summer Olympics!

That, too, would be a new perspective!

The BOB - a personal submarine!

Traditional Funnel v. Viral Funnel

A study in viral marketing found some interesting stats on viral behavior that are worth a look for any marketer or Social Media Manager.  In an examination of a 4-million strong network, researchers had four key findings:

1. Consumers stayed in their personal network, often exchanging recommendations back and forth with the same friends.

2. Recommendation networks centered on specific types of products creating a “community of interest.”

3. Trust, influence and the perception of “spam” were all purchase factors.

4. Most recommendation chains were short, ending in the initial product purchase more often than not.

Read more analysis and the 4 Viral Implications for Marketers at Randall Beard’s blog [01-25-10]

In an online article from Media Post,  Robert Half Technology conducted a recent study and found that in regard to social networks,  businesses complained that “time-sucking social networks hurt their productivity”.

“It takes away from primary responsibility,” Dave Knapp, regional vice president for Robert Half told the San Francisco Examiner. “When socializing on sites such as Facebook, we lose track of time.”

[Is he even SERIOUS? Makes you wonder what kind of people he thinks he employs!]

According to the study, other concerns of these companies included being worried about employees leaking sensitive information.  The survey indicates an amazing 54 percent of these businesses block social networking sites.

So, in 2010 will these Corporate Giants realize the VALUE social media offers to their bottom line and be more creative in using it – or will they continue with the same old rhetoric of productivity losses?

The key issue here is simple:  these companies lack the creativity to do what is best for their bottom line.  In corporate environments C-level executives have an “all-or-nothing” mentality.  Either ALL employees get access, or NONE get it.  Why?  They certainly have IT professionals on staff who can manage their server traffic.  Why not give it to their recruiters and marketing department?

Leaking sensitive information?  I don’t know about you, but that sounds like an excuse to me to continue the “norm”.  After all, how many employees that are not a C-level do you know that have access to sensitive corporate data?  My experience shows that answer to be “NONE”.  If it is the C-level Executives you are worried about leaking it, then WHY are they in those positions?  RHETORIC.

My Solution:  Attend our Feb 18th, 2010 Seminar given by David Meerman Scott, a true Thought Leader!

Don’t use ‘attendance’ as your excuse, either!

We will be providing a LIVE STREAM of the event – and you can experience the power of social networking while you attend because we will have a live chat, Facebook and Twitter feeds!  Our roving cameras will provide you with a front seat so it’s just like being there – and on breaks they will be talking to VIPs, Attendees and even our Presenter, David Meerman Scott!

C-level Executives!  I challenge you to come get creative and increase your bottom line for the New Year!

Source:  Media Post;   SanFrancisco Examiner