Being successful is a choice not a result; it just needs determination & courage to take necessary risks. Viral marketing: has emerged as the electronic form of WoM and involves the principle of passing on or referring news, information or entertainment to another person. Of course, there is a possibility of success. 2) The brand associated with the viral message is usually forgotten. Keep up with the present time use better ideas, use animated videos. Maybe not. Viral marketing is a a technique that uses social networks to increase brand awareness and engagement. Question 1 (2 points) Which of the following is a primary disadvantage of viral marketing? No Guarantee of Success. However, is viral marketing working right now? 2. It has nothing to do with copying. Gene therapy is an experimental technique in medical science that uses genes to either prevent or treat disease. The advantages of viral marketing service are high credibility, low costs, great reach, high efficiency and the opportunity to continuous promotion adjustments. Don’t get stuck in the past. If there are issues with the marketing campaign or it happens to go viral in a negative way, then this can cause an immediate and sometimes irreparable event to your branding. Ever since Hotmail achieved success with viral marketing in 1996, many others have jumped on the bandwagon. Viral marketing can sabotage your company in the upcoming year. 3) Marketers have little control over who receives the viral message. Once viral marketing is unleashed, there is less overall control. 4) Viral messages are less likely to be … This means you do not control how people get to interact with your message. As discussed above, starting your own business is full of risks and trepidation. Question 1 options: 1) The costs of viral marketing are too high for most companies. - Viral marketing is not dependent on customer references. The main reasons for the wide popularity of viral marketing are: Socializing and networking has now made very closer to the people. In order to understand more about this topic, one should know the advantages and disadvantages of viral marketing – Advantages of Viral … Remember that for every successful entrepreneur, there are hundreds of failed entrepreneurs out there. But there is no guarantee that every business will turn into a success story. The goal with this approach is to create a future world where doctors could treat specific disorders by inserting genes into a patient's cells instead of using surgery, drugs, or other interventions to improve health. - Viral marketing results in a linear growth of favorable opinion and sales. The viral marketing has some disadvantages also. Word of Mouth (WOM) : offline and online person-to-person communication. 1. How? - In viral marketing, messages are not passed on easily. Success has to do with creativity and individuality. Viral marketing is typically used by companies during new product launches or when there is a big sporting event or entertainment event. Be unique of what you do. You may ask. - Viral marketing is a fairly recent phenomenon in the world of marketing. - Viral …