The Two Types of Self Promoting Products (1)

Derived from both…
Adam L Penenberg, Viral Loop and Andy Sernovitz, Word of Mouth Marketing

PROFIT : There are two distinct options when generating word of mouth, referrals and viral loops. You can create the product first and then generate the talk about it. Or, you can design the product so it spreads the conversation for you.

After The Self-Promoting Products - BeforeProduct

The classic example of fuelling the conversation after the product has been created is personal branding. Your reputation is what people say when you’re not there. It’s an example of word of mouth that you may want to pay careful attention to.
Some products can tinkered with and redesigned as you continually generate talk. For instance, your website. A website’s design is never done!
Traditionally we think of referrals as one person recommending another. And, they can be a cornerstone of your lead-generating system.
They can also be a vital element to a successful business model eliminating advertising costs.
For example, Landmark Education have built sharing into the conversation of their training courses. With no advertising, they rely on participants to personally refer their courses to friends and colleagues. And it works! They are one of the most successful training organizations on the planet.

Action : Make it easier for people to talk about you. And, turn your one-off referrals into a repeatable lead-generation system.

More Updates

Is my Experience Relevant with Mark Molony

You’ve spent years building your experience. But what if some of it is quietly becoming less useful? In this excerpt from my On Experience conversation with

Why On Experience Exists

For most of my career, I’ve been wrestling with the same question: How do you turn what you know into something of value? And inside

Mark Molony - When Your Training Fails

When Mark Molony walked into his first day as a social worker, he thought his training had prepared him for anything. Then a grieving widow