"Closing the Gap: Lessons on Creativity and Viral Marketing"
Hatched by Kazuki Nakayashiki
Aug 24, 2023
3 min read
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"Closing the Gap: Lessons on Creativity and Viral Marketing"
Introduction:
Creativity is a journey that often starts with disappointment. Ira Glass, the creator and host of This American Life, once shared a quote that perfectly captures the frustration and potential of creative work. He emphasized that beginners often face a gap between their taste and the quality of their work. This gap can be discouraging, causing many to quit. However, Glass encourages perseverance and emphasizes the importance of doing a lot of work to improve and close that gap. This principle of closing the gap and continuously improving applies not only to creativity but also to viral marketing. In this article, we will explore how the lessons of creativity and viral marketing intersect, highlighting the importance of practice, iteration, and the creation of meaningful work.
The Importance of Practice and Iteration:
Both creativity and viral marketing require practice and iteration to achieve success. Glass emphasizes that creativity is a skill that can be honed through the repetition of creating and reinventing. Similarly, in viral marketing, the key to success lies in understanding and improving the viral cycle time. The viral cycle time refers to the time it takes for the viral growth cycle to complete. By reducing this cycle time, businesses can dramatically increase customer growth.
The Viral Coefficient:
In viral marketing, the viral coefficient plays a crucial role. It represents the number of new customers that each existing customer is able to successfully convert. To calculate the viral coefficient, multiply the number of invitations by the conversion rate. For true viral growth, the viral coefficient must be greater than 1. However, it is important to note that the most viral products are those that rely on sharing. Therefore, businesses should focus on creating a compelling value proposition that encourages customers to share the product with others.
Closing the Gap:
To achieve success in both creativity and viral marketing, closing the gap between ambition and skill is essential. In creativity, this means producing a volume of work and continuously improving over time. In viral marketing, this entails reducing the viral cycle time and optimizing the viral coefficient. By incorporating the principles of practice, iteration, and meaningful work, businesses and individuals can bridge the gap and achieve their goals.
Actionable Advice:
- Embrace the process: Understand that beginners often face a gap between their taste and the quality of their work. Embrace this phase as a necessary part of the journey towards improvement.
- Set deadlines and create a volume of work: Challenge yourself to finish one project per week or establish a consistent schedule for creating. By doing so, you will gain valuable experience and close the gap between your ambition and skill.
- Focus on creating a compelling value proposition: In viral marketing, ensure that your product or service offers a value proposition that compels customers to share it with others. Consider providing incentives for both the inviter and the recipient to increase the chances of sharing.
Conclusion:
Creativity and viral marketing share common principles that can guide individuals and businesses towards success. By understanding the importance of practice, iteration, and closing the gap between ambition and skill, anyone can make what matters and achieve their goals. Embrace the journey, set deadlines, and focus on creating meaningful work. Remember, the only real project is your body of work.
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