Referral E-mail Hyperlinks as Customer Acquisition Tools on the Web: An Empirical Analysis of "E-mail-this-page" Data Patrali Chatterjee, Sandeep Krishnamurthy and Laura Mather September 2004 Working Paper No: RBS-MKT-2004-36 This work cannot be cited without the authors' permission Abstract “E-mail-this-webpage-to-others” hyperlinks on webpages serve as viral marketing tools by leveraging the power of consumer networks and help firms in attracting new consumers and encouraging current customers to revisit the website. We analyze the clickstream from Encyclopædia Britannica’s consumer website to understand what drives this action with a hierarchical modeling approach that accounts for (i) a high proportion of consumers who never send any email, (ii) heterogeneity across consumers in propensity to send email, and (iii) heterogeneity across webpages that are e-mailed.