The collaboration of marketing and social media made it easier for some marketers and buyers to be in one place without a need for physical presence. The virtual world has provided many options to make transactions faster and easier. This is also a place where consumers search for information, feedbacks and reviews regarding a product before they make purchases. If consumers don’t feel good about products purchased from sellers, they might return the item and never purchase anything from them again. Or worse, they might tell everyone how bad the product was. Consumers commonly feel this way, which is a problem for sellers.
It is vital to understand how consumers think, feel and act regarding social media, online advertising, and online shopping.
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If consumers have some problems on products or services, they could reach the company via social media, which is an easy way to connect and contact with them. Companies are challenged by how they chose to react to comments or responses on social media. Their reactions and responses can build strong brand images and get more consumers to purchase products or services. When a consumer wants to make a decision on a product, every single detail could be an influence on their decision making.
Communication through social media has found the impact on consumer decision-making and marketing strategies. Jean Piaget’s consumer socialization theory predicts that communication among consumers affects their cognitive, affective, and behavioral attitudes.
For the purpose of this research, information processing theory regarding the consumer choice will denote how information is performed, evaluated, and post-evaluated during the course of the decision process. The framework is interpreted into six dominant components – processing capacity, motivation, attention and perceptual encoding, information acquisition and evaluation, decision processes, and effects of consumption and
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And the nine hours does not include time spent using media at school or for their homework.
Reported that more than a quarter of those surveyed (28 percent) said sites such as YouTube, Facebook, and Twitter help them learn about new brands and products. Thirty percent said they used social media to eliminate brands from contention.
That the consumers are now content generator they share information and experiences with other consumers and have easy access to one another’s information. This is a value that can be useful for e-commerce adoption and social commerce intention. Because consumer social interactions produce online social support, e-commerce adoption is being promoted to establish trust and, consequently, users’ intention to buy. In fact, social factors facilitated through social media develop a supportive climate, which in turn attracts many more individuals to come online and take part in social interactions.
Eighty-one percent of shoppers conduct online research before they make a purchase. Sixty percent begin by using a search engine to find the products they want, and 61 percent will read product reviews before making any
Social shopping is another aspect of ecommerce that is predicted to influence online shopping behaviors
Marketing Plan: Social Media Social media, in today’s business world, represents a vital role in how consumers research, learn about, make decisions, and share information about products and services. Studies show that about 60 percent of consumers’ research before buying through multiple sources online and learn about specific brands or retailers through social media sites. (Hazan, & Wagener, 2013). The emergence of the vast social media sites gives businesses an extensive marketing audience in building brand awareness over the web.
Social networks such as Facebook and Twitter are providing advertisers with information about the nature and the demand of their consumers. This technique is crucial, as it is providing the businesses with a “target audience”. On the other hand, it is apparent from the view point of the consumers that the customers are frustrated due to lack of information shared with them by retailers. Therefore, role of social media marketing is helpful for achieving consumer’s loyalty and increase of the share of the market. Why is it an issue now?
AC1.1 Assess the suitability of a range of monitoring techniques for customers’ complaints. There are a large variety of techniques used to monitor complaints such as: Feedback/evaluations Monitoring sales Monitoring returns
Social media was created two decades ago and has developed a lot since 1997 when it had first made an appearance in the world. Before social media many people did not have a way to communicate or interact with others using electronics, everything was verbal or written. When social media first made a blogging page it became a hit as told by Small Business Trends, “In 1999, the first blogging sites became popular, creating a social media sensation that is still popular today.” Social media has made an impact in many people’s lives throughout the years. After blogging was invented, social media exploded with popularity.
Social influence theory refers to the change in behavior caused due the influence from one person to another. This change may happen intentionally or unintentionally depending on the relationship of the person with his surrounding people and the society as a whole. Social influence has three areas which are conformity, compliance and obedience. Conformity is where the change of behavior, values, and beliefs happens to fulfill the belonging and esteem needs and the approval of certain groups.
CHAPTER 2 LITERATURE REVIEW 2.0 INTRODUCTION Within the internet banking services, researcher have indicated various determinants or drivers that had a positive effect on factor influences the acceptance the decision. Three widely used models or theories are reviewed and discussed in relation to internet banking services. These are theory of Theory Of Reasoned Action (TRA), Theory Of Planned Behavior (TPB) and Technology Acceptance Model (TAM). In the chapter, these theories are reviewed from prior studies and an attempt is made to identify the most suitable framework for this research.
This virtual world has become a new kind of social communication, connecting people to variety of online communities has been growing during past two decades. The people in this virtual world may not meet in the physical world but nevertheless they are able to affect behaviour including purchasing decisions of an individual. Consumers are spending more time in checking the social networking websites and applications. Social
In addition, people can promote their small businesses by social media. According to Collier, 82% of small businesses promote their products by social media (2016). Furthermore, the advertising on social media is more effective because there are more details of the products; Therefore customers are aware about brand and can become loyal to the products. For instance, 81% customers are aware about brand by social networking sites (Smith 2017). Overall, because of social media, many users have become aware about new products as a result, increases sales and business
Causes According to Amin & Noor (2013), the E-consumers generally refer to the purchaser of goods and services over electronic systems such as Internet and other computer networks. This new group of consumers is increasing in number over the years as on-line shopping become a trend and manifestation of modern life style. Based from the Paynter & Lim (2001), E-commerce would provide consumers with benefits such as interactive communications, fast delivery, and more customization that would only be available for consumers through online shopping. Product information in the Internet is more compact and it ranges from various sites.
E-tailing represents a form of in- home shopping and the major non-store channel (Levy and Weitz, 2007). Wang and Head (2007) highlight that the internet is increasingly being viewed as a tool and place to enhance customer relationship. According to Weitz (2010), e-tailers are using technology to convert “touch-and-feel” attributes into “look-and-see” attributes. Today’s e-commerce landscape is characterised by very high competition (Belanger et al., 2002) and a marketplace is changing at a very dynamic pace (Keen et al., 2004;
Literature review Advertising has become a form of communication and a great source for promoting services and products for any business in the whole market because of its broader impact. The main idea of an advertisement is to get the attention of the consumers, build up the product’s strong image in their mind and provide information to help the consumer to make a purchase decision. So, the central focus in today’s diverse global marketplace is the consumer. Companies exert a lot of effort to find out the best ingredients that should be in an effective advertising and identifying its influence on the consumer’s mind, so effective advertising should be considered as one of the most important tools that strongly affect and can change the consumer’s buying behavior. The research attempts to investigate the impact of effective advertising on the consumer’s buying behavior.
The most valuable reason for the popularity of online shopping among the people is its high convenience. First of all, online shopping allows the customers to buy products at any time that is convenient for them. While traditional brick-and-mortar selling businesses tend to work during specific time periods, online shopping is accessible at any time. An immense benefit of online shopping is that it is available 24/7. As a result, the customers do not need to think that they will not manage to buy something since the shop is already closed.
More and more people these days prefer online shopping than shopping in malls because of so many advantages and benefits. People from all over the world have accepted online shopping sites because of the convenience provided like from shopping in their pyjamas to convenience for elderly and disabled. Not only this, online shopping sites also provides a wider choice of products, avoiding upselling or impulse buying, better prices, good for the environment, and
People can reach nowadays more information about the products and services that they are intending to buy. Consumers can either search for marketer-generated information or the information generated by other consumers. In addition, both consumers and marketers can post visual instruments via the Internet, such as images and videos. On the one hand, this is a great opportunity for marketers to release their products and services in a cost-effective way; and, on the other hand, this gives consumers an opportunity to get visually-supported information which will, in turn, help them to make better decisions. Furthermore, the Internet provides a convenient way for marketers and consumers to communicate with one another.