3. Results 3.1 Methodological approach The results table (see Appendix A) shows that 11 out of 15 studies used a questionnaire/survey to gather their results. Another observation from the results table shows that 12 out of 15 studies were quantitative. Whereas, 1 mixed method study was conducted and two qualitative studies. Which is an interesting development since the brand relationship theory originated out of a qualitative study. Whereas the aim was to find the motives and how strongly people had relations towards certain brands (Fournier & Yao, 1997). Studies like Jurisic & Azevedo (2010) , focused more on a quantitative approach by using a questionnaire for their participants. Therefore, they could have a more precise measurement of perceived …show more content…
Jurisic & Azevedo (2010), argued that brand tribalism, group of people who are linked by a shared belief around a brand, is a better predictor than brand reputation. Therefore, if people are more linked by a common belief they would be more likely to enter a strong consumer-brand relationship. However, Jurisic & Azevedo (2010) did suggest brand reputation is contributing to a certain extent in the formation of brand relationships. Loureiro, Kaufmann, & Wright (2016), agree that brand tribalism seemingly has a more important role than reputation to strengthen the brand-consumer relationship. They extend the statement by adding brand-consumer relationships can develop in long time relationship, if they are maintained. In addition, the research of Loureiro et all (2016), argued that functional values are more effective in creating brand reputation than in generating brand tribalism. E.g. if a luxurious car is unique than it can create a better brand reputation. However, it would have less effect on the brand tribalism. The studies show that there are links between reputation and consumer-brand relationships. However, most studies that combine both reputation and brand-consumer relationships do not take into account different social media platforms. In addition, most research has been conducted using luxury brands but seem …show more content…
The combination of brand-reputation and consumers-brand relationships is not ,in depth, present in social media research. They do acknowledge importance of brand reputation, but do not give a clear structure of how reputation influence the social media channels which influence the consumer-brand relationship. 3.3 The effects of brand reputation and consumer-brand relationships on Brand Loyalty Brand loyalty is a term which is occasionally present in brand relationship theory research. Brand loyalty is often compared to consumer-brand relationships, but a consumer-brand relationship can exist without a consumer being brand loyal (Fournier & Yao, 1997). Four out of the fifteen articles did mention specifically brand loyalty in their results (See Appendix A). It was already mentioned that Twitter is a medium that can be effectively used for relationship maintenance. Li (2015), argues that relationship maintenance strategies utilized in Twitter had a positive effect on brand
The company’s brand advocacy and its activity on social media, shown through their massive social following, allows them to reach a huge audience where they can directly communicate with them. Whether it be their separate Twitter handles, which each represents a specific app or function, to their ability to “respond to 64% of comments within the hour, and 99% of comments within 24 hours”(Hitz, 2014). This creates a system of trust and strong branding. Targets creating a relationship with their consumers which in turn creates consumers who want to speak out on behalf of the brand.
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.
In Peggy Orenstein's “I Tweet, Therefore I Am” she explains that social media is taking over our lives and pulling us further apart. She argues that we lose our identity on social media because we worry about how others see us. Although Orenstein describes the negative effects of social media, not all technology and media accounts affect us in this way. Social media and technology is causing us to lose physical and personal connections with humans. Social media “encourages self-promotion over self-awareness”
Social Networking While numerous industries have abstained from social networking practices super markets have grown to be an avid advocate. Both Publix and Kroger have diverged vividly to using marking campaigns closely associated with all social media platforms. As social networking and the media outlets connected to it grow common in everyday households, marketing executives must tailor their campaigns accordingly.
3- Methodology, which includes sampling design, research design, collecting information, information analysis and limitations. 4- Findings, which includes conclusions and recommendations
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?
Abstract The purpose of this capstone project is to illustrate ‘Chanel Brand Equity of Virtual Brand Community in Thailand’. The objectives were to demonstrate: (1) Chanel brand associations that create brand image and engagement of virtual brand community in Thailand (2) Factors that result in Chanel brand equity amongst Chanel virtual community members and non-members in Thailand. (3) Different levels of brand equity that occurs between members and non-members of Chanel virtual community in Thailand. (4)
Are the findings reliable?? How likely is it that the findings would be same if repeated? Objectivity:? Can the findings be objectively confirmed/verified?
People such as celebrities, have a higher influence on people and their decision making on products, which is why many companies hire well-known celebrities to promote their products in the media. In an article written by Marketing Charts called, “How Influential are Celebrities?” they discuss the power of product placement and celebrity endorsements. The statistics for how much a celebrity influences its fans varies throughout the article, depending on what exactly they endorse. The article had some very interesting key points about celebrities also having a negative impact on product endorsement, mentioning that traditional brand promotion without celebrities had more of a positive influence.
1. Are the results of the study valid? 2. What are the results and are they important? 3.
Oliver (1999) has developed the definition of brand loyalty as “a deeply held commitment to re-purchase or re-patronize a preferred product or service consistently in the future and
Other reviews by (De Chernatony and Mc William 1990; Caldwell and Freire, 2004; De Chernatony, 2010) suggest brand definitions based on emotional and rational factors, indeed most definitions embrace this approach in some ways (Hart and Murphy, 1998). A brand is multidimensional constructs whereby managers augment products or services with values and this facilitates the process by which consumers confidently recognise and appreciate these values (De Chanatony et al
Social Media Analytics: Understanding the Functional building blocks Pros and Cons Introduction Every day, prospective consumers and customers propose feedback and engage in online discussion about businesses on sites like Twitter, Facebook etc. Social media, which are easy-to-access tools that allow digital communication and teamwork, are progressively making an influence on the global world. Social media has stretched from its beginning in the end user space to the point at which its result on brand and commercial reputation can be immediate and influential. Thus companies are discovering the importance to scrutinize and quantify this emerging space.
Objectives The major objectives of this study is • To measure the effectiveness of celebrities used in television commercials and Facebook advertising on consumer buying intention of fashion apparel industry. • If effective, then I will try to compare celebrities endorsement in television commercials and facebook advertising and see which tool is significant in changing the behavior. Significance The importance of my research will not only help managers but also help academic players to explore new areas in research.
Secondly, a methodology that describes the collection of data included together with highlights of limitations and thirdly key findings analysed and interpreted followed by some useful recommendations. Finally some future directions for research have been