Of course, social media and increased followers are important but marketing specialist Seth Godin hit the proverbial nail on the head today in his post Viral Growth Trumps Lots of Faux Followers when he said “…SPEND YOUR TIME COMING UP WITH BETTER IDEAS, NOT MORE (FAUX) FOLLOWERS.”
“Many brands and idea promoters are in a hurry to rack up as many Facebook fans and Twitter followers as they possibly can. Hundreds of thousands if possible. A lot of these fans and followers are faux…
Check out the graph on the left [below] . The curves represent different ideas and different starting points. If you start with 10,000 fans and have an idea that on average nets .8 new people per generation, that means that 10,000 people will pass it on to 8000 people, and then 6400 people, etc. That’s yellow on the graph. Pretty soon, it dies out.
On the other hand, if you start with 100 people (99% less!) and the idea is twice as good (1.5 net passalong) it doesn’t take long before you overtake the other plan. (the green). That’s not even including the compounding of new people getting you people.
But wait! If your idea is just a little more viral, a 1.7 passalong, wow, huge results. Infinity, here we come. That’s the purple…
A slightly better idea defeats a much bigger but disconnected user base every time…”
