No matter who you are, your viral loop is meant to help you grow.
However, “growth” can mean different things to different people depending on your specific business and your specific goals. You may be trying to grow in users, revenue, or on some other key performance indicator (KPI).
So in that regard, everyone’s viral loop is unique. But there is still a general outline that all follow.
A sound viral loop is comprised of a few distinct steps:
There are some big wins that most products can leverage to make things work even better within your viral loop – such as branching or viral incentive marketing. But despite those, for nearly everyone, the viral loop starts over again when new prospects receive an invite once these 5 steps above have been completed.
Notice how I made #4 bold? That’s because viral marketing conversion is the topic of this chapter.
It’s a big one because without users converting, your viral campaign (and business) might as well be dead in the water.
When you acquire a new prospect or lead through viral means, your first and foremost goal is to convert that prospect into a user.
While you may get a little bit of virality from users who like your product without using it, you’ll get 10x the virality from those same people if they become a user themselves.
But why does this happen?
I’m glad you asked.
An endorsement from a friend is great. But an endorsement from that same friend combined with anecdotes of their own personal experiences and their ability to answer basic questions on various use cases is as big of a viral win as possible.
With this, conv% goes through the roof.
To get you on your way toward the pantheons of viral glory, below is a short list of things you can do today to convert more prospects.
Remember, the most glowing endorsements (and thereby the most virality) will come from satisfied customers you have worked your ass off to provide value for.
As the saying goes, a happy customer is a viral customer. (That’s how the saying goes, right? Oh well, it does now.)
We’ve gone through pretty much all of the key steps within any viral loop, as well as some effective augmentations.
Now, let’s take a step backward and look at some practical visualizations we can actually use on a day-to-day basis to increase virality.
Knowing the steps of a viral loop will only get you so far. But what happens when you turn viral theory into viral practice? To do this, you’ll need to visualize your loop complete with data and context.
Join me in the next chapter, and I’ll show you how deep the rabbit hole goes.
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