A viral coefficient is the number of new community members, on average, that each community member brings to the community. A viral coefficient of 1 means that each member will bring 1 additional member to the community. One of the secrets to quickly grow social media properties is to maintain a viral coefficient greater than [...]
Posted on March 1st, 2010 by Nathan Gwilliam
Filed under: Online Communities, Social Media, Social Networking, Viral Marketing, e-Business | 1 Comment »
“Approximately once a decade, a radical new technology emerges that fundamentally changes the business landscape. In every case, regardless of prior competitive dynamics, businesses that understand and appropriately adopt the technology win, while those that fail to do so lose. In the 1970s, this was mainframe computing. IN the 1980s, it was the PC. In [...]
Posted on September 8th, 2009 by Nathan Gwilliam
Filed under: Business Management, Entrepreneurship, Internet Marketing, Monetization, Online Communities, Social Media, Social Networking, User-Generated Content, e-Business, e-Commerce | No Comments »