Saturday, July 23, 2011

Incentivized viral's pros & cons

Pros
Companies in different industries like using Incentivized Viral to help them increase referrals. They can be easier to obtain customers’ personal information through Incentivized Viral as customers can get some free stuff after leaving their or their friends’ contact. It can increase their customer’s data base. Moreover, more and more people like sharing on their blog or forum. They would like to share the “jetso” to the others so that the company's brand awareness would be enhanced finally. The more they discuss, the more opportunities to get the media’s attention. The optimal situation is getting the media’s attention to broadcast the campaign to help the company do a free promotion.



Cons
Incentivized Viral would increase the production cost of the Companies as they have to produce some gifts to the customers. Besides, it is difficult for the companies to outstand their incentive as more and more competitors exist.

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