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	<title>The Authentic Eccentric &#187; viral video</title>
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	<description>life on your own terms</description>
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		<title>But Did Anyone Make Money?</title>
		<link>http://www.authenticeccentric.com/2008/07/02/making-money/</link>
		<comments>http://www.authenticeccentric.com/2008/07/02/making-money/#comments</comments>
		<pubDate>Wed, 02 Jul 2008 20:22:54 +0000</pubDate>
		<dc:creator>Sue</dc:creator>
				<category><![CDATA[Case Studies]]></category>
		<category><![CDATA[Matt Harding]]></category>
		<category><![CDATA[ROI]]></category>
		<category><![CDATA[viral video]]></category>

		<guid isPermaLink="false">http://www.authenticeccentric.com/?p=181</guid>
		<description><![CDATA[When Matt Harding quit his job in 2003, he didn&#8217;t plan on becoming an internet celebrity, but in the years since, his dancing videos have racked up more than 15 million online views. In 2006, he was approached by Stride &#8230; <a href="http://www.authenticeccentric.com/2008/07/02/making-money/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<p>When Matt Harding <a href="http://www.wherethehellismatt.com/about.shtml">quit his job in 2003</a>, he didn&#8217;t plan on becoming an internet celebrity, but in the years since, his dancing videos have racked up more than <a href="http://www.youtube.com/user/mattharding2718">15 million online views</a>. In 2006, he was approached by <a href="http://www.stridegum.com">Stride Gum</a> and their sponsorship has led to steady gains in traffic and attention.</p>
<p>His most recent <a href="http://www.vimeo.com/1211060">trip video</a> was just released, and I passed it around to some of my clients as an example of the impact of viral videos. That led to the question of whether Stride had seen a boost in sales &#038; or brand recognition as a result, and although I assumed so, I dug in to find out specifics.</p>
<p>Stride has been able to capture a significant share of online traffic:</p>
<p><a href='http://grapher.compete.com/stridegum.com+wrigley.com+tridentgum.com?metric=sess'><img src='http://grapher.compete.com/stridegum.com+wrigley.com+tridentgum.com_sess_460.png' /></a></p>
<p>Note: Compete&#8217;s chart embedding feature only supports 13 months. Click <a href="http://siteanalytics.compete.com/stridegum.com+wrigley.com+tridentgum.com?metric=sess&#038;months=24">here to view the full 24 months of traffic data</a>.</p>
<p><a href="http://siteanalytics.compete.com/help?metric=attD">Attention</a> (time on site) followed a similar trajectory:</p>
<p><a href='http://grapher.compete.com/stridegum.com+wrigley.com+tridentgum.com?metric=attD'><img src='http://grapher.compete.com/stridegum.com+wrigley.com+tridentgum.com_attD_04012008_06302008_460.png' /></a></p>
<p>As you can see from these charts, StrideGum.com has seen major traffic spikes corresponding to each new video Matt has released, increasing Stride&#8217;s brand recognition and website visits.</p>
<p>Did the dollars follow? In 2007, Cadbury Schweppes Plc said confectionery sales and margins beat its targets:</p>
<blockquote><p>U.S. gum operations, including Trident and Stride, pushed market share to nearly 35 percent compared with 27 percent before Cadbury bought the business in 2003. [Source: <a href="http://www.washingtonpost.com/wp-dyn/content/article/2007/12/11/AR2007121100234.html">Washington Post</a>] </p></blockquote>
<p>The 8% of U.S. market share had to come from somewhere:</p>
<blockquote><p>Sales of chewing gum brands such as Doublemint and Big Red are sagging — and some analysts say there aren&#8217;t enough new ideas in the pipeline to juice up growth.</p>
<p>Meanwhile, British archrival Cadbury Schweppes PLC is riding high on the most successful new gum launch in the last five years: Stride, which has already captured 3% of the U.S. market since its June debut.</p>
<p>Cadbury&#8217;s U.S. gains come at a time when Wrigley&#8217;s domestic business appears to have hit a plateau. U.S. sales were flat in the fourth quarter of 2006, as declines in sugary gum brands &#8220;significantly offset&#8221; growth in sales of sugar-free gum, Wrigley acknowledged earlier this month. [Source: <a href="http://www.chicagobusiness.com/cgi-bin/article.pl?article_id=27316&#038;seenIt=1">Chicago Business</a>. Crain Communications Inc.]</p></blockquote>
<p>Obviously, dancing videos aren&#8217;t going to work for every organization or situation, but this should be a compelling case study for anyone who thinks online video is a waste of time or effort. </p>
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