Abstract of Impact of Social Media Marketing
on Consumers
It is practically difficult to design a marketing
strategy without considering social networks. Social media have become an essential factor in today’s marketing mix. Social
media has changed the way of interaction among individuals and improve
communication as well. Community websites such as Twitter and Facebook have
guided the world into a new era of social media. This study demonstrates the links between social media marketing and its
effects on the consumer by analyzing various scientific articles. In this article, it is also discussed that the importance of
social media for both consumers and marketers and different strategies used
while promoting the products and services through social media. The influence
of the marketing campaign on the consumers is also discussed in this article by
using a different and authentic source of information. The selected research
articles have further evaluated and analyzed to understand the impact of social
media marketing on the consumer. Social media has become an essential central
point in initiating a relationship between companies and consumers. Social
networking sites have a positive impact on the respondent's perception of
online marketing. This research paper
aims to answer the research question of the impact of social
media marketing on consumers from different contexts. The research study results can help find out various strategies to attract different types of
consumers for maximizing the impact of online marketing strategy.
Keywords: Social media, Social media marketing, Impact
on consumer, Social networking sites.
1 Introduction of
Impact of Social Media Marketing on Consumers
Social media have changed the interaction
between consumers and marketers (Vinerean, Cetina, Dumitrescu, &
Tichindelean, 2013). Over the past few decades, social
media have assisted in the business expansion worldwide so that users can check,
select and buy products and services from businesses all over the world (Al
Kailani & Kumar, 2011). In recent years, social networking sites (SNSs)
have attracted millions of users, and the number of users is increasing every
year. Facebook is one of the most noted SNS, and the number of international
brands using Facebook as a marketing platform is increasing day by day.
SNS attracts both users and business partners in different companies ranging from national and international brands, private businesses, and governmental organizations. Social media has become a
popular medium that makes customer relationships stronger with products and services (Gandomi & Haider, 2015). Nowadays,
companies and businesses take consideration and create strategies only after analyzing consumer demands, needs and preferences through social media (Gandomi & Haider,
2015). Social media allows brands to communicate better with their customers and strengthen their relationship with them (Saravana Kumar
& Sugantha Lakshmi, 2012). Peer communication through social media has impacted
the consumer-based decision making as well as marketing strategies (Vinerean et al., 2013).
More than fifty percent of internet users
are using Facebook (Yadav & Rahman, 2018). Due to this reason, social media marketing is famous not only among users but also among the companies to widen their business scope (Yadav & Rahman, 2018). Most of the
companies have integrated links to social media sites to build better customer
relationships (Choi et al., 2016; Yadav & Rahman, 2018). Through social
media, it is possible to discover the likes and
preferences
of consumers as well as the latest trends adopted by the
public.Social media provides an opportunity
for marketers to connect directly with consumers, establish secure
communication with consumers (Yadav & Rahman, 2018). Social media marketing
refers to the promotion of a product or service through various social networking
sites (Broker, 2014). This paper aims at the
research question of how social media marketing impacts consumers. Therefore, it is essential
to understand the importance of social media marketing for marketers as well as consumers, in order to gather information on how they utilize social
media platform
and how these marketing campaigns have an influence on consumers in different
contexts.
In this article, in order to discuss the importance of social
media for both consumers and marketers and different strategies used for
promoting the products and services through social media extensive literature
review has been performed. Through an extensive literature review, the work of
other researchers is analyzed and the research gap is identified. The selected
research articles have further evaluated and analyzed to understand the impact
of social media marketing on the consumer. Social media has become an essential
central point in initiating a relationship between companies and consumers
Research Aim
of
Impact of Social Media Marketing on Consumers
·
To identify the positive impact of social media marketing on the
consumers
·
To highlight the importance & usefulness of social media
marketing for marketers and consumers
·
To determine information about the ways and strategies used
by marketers while using social media marketing
·
To analyze the marketing campaigns and strategies that have a
major influence on the consumers
Research Questions of Impact of Social Media Marketing on Consumers
·
What is the positive impact of social media marketing on
consumers?
·
What is the importance & usefulness of social media
marketing for marketers and consumers?
·
What kind of marketing strategies used by marketers while
using social media marketing?
·
Which marketing campaigns & strategies have a major influence
on consumers?
2 Literature Review of
Impact of Social Media Marketing on Consumers
According to Castells (1996), society has entered a situation where it can no longer represent without
considering technology. Nair and Aram (2014) claim that due to the
widespread of Information and Communication Technologies (ICT) in all aspects
of life, there will naturally be an impact on society and the individual.
Moreover, ICT has resulted in the emergence of social networking
sites that are user-friendly and cheap. According
to Kwon and Wen (2010), the ease of use and
usefulness attributes positively connected to SNS operation.
Lin and Lu’s (2011) study also supports the fact that perceived
effectiveness is an essential factor for
continued SNS use. Perceived ease of use has an
impact
on user acceptance of information systems (Lee and Cho, 2011).
Social media can be defined
as activities, practices, and ways of behaving among groups of people who meet
online to share information, knowledge, and viewpoint using informal media
(Safko & Brake, 2009). Social
media is all about the participation of people in social
networking sites and through applications, which in turn can be used for information sharing and discussion. Bashar et al. (2012) describes
social media as the involvement of
people in various activities in the creation of content, sharing, and
networking at an exceptional rate.
Weinberg (2009) defines social media marketing as the process that permits
individuals to promote their websites, products, or services through online
social channels that may not have been accessible via conventional channels. Social networking sites put firms and consumers
under one platform and is different
from traditional marketing. Social media marketing helps in establishing a relationship between
companies and consumers (Weinberg, 2009). Social media marketing makes marketing messages
more likely to deepen with the audience due to its appearance from a trusted
third-party source (Broker, 2014).
Consumer viewpoint towards
marketing is an aspect considered by researchers to evaluate how good consumers
will perceive social media marketing. For creating a successful marketing campaign
through social media, a consumer must be convenient in using
technology. Consumer technology preparedness is essential for this and defined as people's tendency to accept and use new
technologies for completing home and work goals (Parasuraman, 2000). It is clear that social media not only provides a
platform for individuals to connect with their family and friends but
also allows consumers to learn more about companies and the products they
sell.
3 Methodology of Impact of Social Media Marketing on Consumers
The research topic “Impact of Social Media Marketing on
Consumer” is chosen from the ICIS 2019 call for papers from the
track of “Social Media and Digital Collaborations”.
In this study, identify the impact of social media marketing
on the consumers and data is collected from authentic sources by the secondary
method. The secondary method is used, and an authentic source of information is
used for the collection of different pieces of literature, articles that
explain the positive impact of social media marketing. In
order to find scientific articles to conduct a literature review, the majority of the searches were done on reliable scholarly databases such as Scopus, Google Scholar, and Science Direct.
Databases: Scopus, Google Scholar, and Science Direct
Search Key Words: Social media, Social media marketing, Impact on the
consumer.
After initial research, 55 articles were
obtained.
The articles were finalized by keeping in view
the mentioned points (a) Effects of social media marketing on the consumer (b)
Effectiveness of social media as a marketing tool (c) Influence of social media
marketing activities on the consumer.
To further refine the obtained research
articles funnel method was used to narrow down the articles to make it more specific. Thus, the six articles were selected that were more
relevant to the topic; that is, the impact of social media marketing on
consumers was chosen for the literature study.
4 Results of Impact of Social Media Marketing
on Consumers
In this section, the findings obtained from the literature review of six
papers are tabulated. Therefore, this table highlights the analysis of the literature
review that defines the context of different writers about the positive impact
of social media marketing on consumers using different types of study. In this
regard, conceptual, empirical and analytical aspect of the study is used by
focusing on the positive impact of social media marketing on consumers. The
context of above-discussed kinds of literature has also described the role of
social media in the life of people and its positive impact on the activities of
consumers that are using social media regularly.
AUTHOR
|
CONTEXT
|
TYPE OF STUDY
|
POSITIVE IMPACT
|
Cheong & Morrison (2008)
|
Trust gained
|
Empirical
|
Consumers gain more trust in product information
from other consumers and read other’s viewpoints to lessen their risk.
|
Bashar et al. 2012
|
1. Considering social media before buying
2.Information
about peer viewpoints
|
Empirical
Empirical
|
Consumers think social media before starting the
purchasing decision-making process, and thus the conversion process will be
started on the web.
Consumers have peer viewpoints before purchasing
a product, as many users today have a firm belief in peer viewpoints more
than a marketing strategy.
|
Anderson (2007)
|
User's voice
|
Conceptual
|
Consumers can share their experience, market
needs, and tendency.
|
Di Pietro & Pantano (2012)
|
Entertainment
|
Empirical
|
Fun, entertainment, and enjoyment provided by
social networking sites motivate human beings to pay more attention to the
products and services.
|
Jackson (2011)
|
Effectively management of time and resources
|
Conceptual
|
Facebook and Twitter users are more likely to
propose, discuss, and purchase a company product after engaging with the
company on social media.
|
Cox (2010)
|
Informative and attractive marketing ads
|
Empirical and analytical
|
Young people between 18 to 28 had a healthy positive
attitude towards blogs, videos. These marketing ads are more attractive,
informative, and entertaining.
|
Table
1. Impacts of Social Media Marketing on the
Consumer
In the last, this table depicts the usage of social media users for
different purposes such as entertainment, fun, blogs and used for
marketing. In this regard, marketing of
social media through different websites like Twitter, Facebook, Instagram and
YouTube that attract the people to gain maximum benefits, entertainment and
provide opportunities to companies to promote their products and services
through social media marketing for the ease and comfort of consumers.
5 Discussion of Impact of Social Media Marketing
on Consumers
Social media marketing impacts the purchase
intention and behavior of the consumer positively (Basher et al.,
2012).
These platforms offer a massive opportunity for marketers
to establish a relationship with consumers. Social media not
only provides a platform for connecting with friends and family but also provides information about various companies and
their selling products. Consumers gain more trust in
product information from other consumers instead of manufacturer’s generated
information (Cheong and Morrison, 2008). According
to Bashar et al. (2012), a survey was carried
out on 150 social networking site users, and most of the respondents replied
that they consider individual reviews from social media
before the actual buying process.
From the above analysis of works of literature, it is
discussed that social media is not a limited platform but a broad platform that
contains information, develop connection among people, can be used for marketing
purposes. It also provides the information of users as they connected with
family and friends that are lived apart from them. Companies are also used
social media for the marketing of their products and services at a global
level. The literature also discusses the experiences and market need of
consumers by using social media based on the interest of people. Different
models are also used to analyze the behavior of users of social media towards
the latest technology.
According to Anderson (2007), the social media
domain could be made use of, as a possible source of a platform for including the customer concerns. The objective
of marketing is to provide marketers with information about market needs,
customer experiences, and tendencies. According to DiPietro and Pantano (2012),
research using the TAM model enables forecasting user’s behavior towards new
technology. It is also observed that enjoyment is the main
reason that affects consumers to use social networking sites as a platform for
their buying decisions (DiPietro and Pantano,2012).
The fun provided by Facebook, along with the
provision for
suggestions from consumers in an uncomplicated and entertaining way, motivates
human beings to pay more attention to the products and services promoted on Facebook and also provides managers, a channel for communicating
with individuals (Di Pietro & Pantano, 2012).
The management of time and resources is also discussed in the
above table, which is good for the marketing of social media. It has a positive
impact on communication among customers and companies at the time of purchasing
the products and achieve brand loyalty. In this modern era, marketing
strategies are also transformed from the traditional way of marketing. In this
regard, social media is an excellent example of marketing based on the
requirement of modern time and consumers as well. Hence, the literature review
is also mentioned better purchasing decisions because of the marketing of
social media. It is discussed based on the above table that the use of social
media between the age of 18-28 is productive and positive because of using
maximum time on social media through different activities of entertainment,
informative and purchasing online. Consumers get information and reviews of the
product by using social media that develop brand loyalty and excellent
marketing of the products at a global level. The chances of risk are reduced,
and consumers can gain trust in the quality and performance of products based
on the reviews of other consumers.
By effectively using time and resources, social media
marketing enables better communication of consumers with companies to enables
brand loyalty beyond the traditional process (Jackson, 2011). Social
media is different from the conventional way of marketing,
as a result of which it requires more concentration
for achieving brand image and loyalty. A study by infographics highlights that
at least half of the Facebook and Twitter users are more likely to propose,
discuss and purchase a company product after engaging with the company on
social media (Jackson, 2011). Social networks can inform the effective
purchasing
decisions of consumers, as many users today have a
firm belief in peer viewpoints more than marketing strategy (Bashar et al.,
2012).
Cox (2010) investigated the correlation between age and
attitude and have described how different age
group users had a different approach to online marketing. The age
group between 18-28 had a healthy, positive attitude towards blogs and
videos related to product marketing (Cox, 2010).
This demonstrates the positive
impact that social media marketing
creates
on the consumer. Consumers use social media sites for gathering
information and feedback about different products and services and the
companies they like. Consumers gain more trust in product information from
other consumers based on their viewpoints to
lessen the risk of purchasing the wrong one (Cheong &
Morrison, 2008).
Moreover, consumers can share their
experiences, market needs, and preferences on
social media platforms (Anderson, 2007). Social media marketing also provides marketers with information about market behavior,
consumer needs, and requirements. The primary objective of any marketing
program is to develop and sustain healthy relationships with consumers (Kotler
& Keller, 2016).
Social media has already
progressed as a unique tool for marketing. It
is evident from this study that in the future, marketers and
consumers will have more dependency on the social media platform for the growth
of the business as well as for finding and
purchasing the right product. Thus, social media will take over the conventional styles of
marketing and business, and social media platforms will
be utilized to produce more opportunities and convenience for everyone (Basher et al., 2012).
From the above table, it is discussed
that social media marketing is a useful tool for marketers and customers as
well. People of different age groups have different attention to use social
media and marketing according to their interests and availability of resources.
The role of social media is significant as promoting the marketing techniques
as using a feedback system to analyze the need of customers and develop
products and services according to demand. Nowadays, social media has changed
the marketing process and become the business easy to use social media for the
promotion of their products and services in a short time. The aim of marketing
is also discussed in the above table to develop a healthy relationship with the
customers. Also, develop the loyalty and trust of customers because of the
providing quality products that enhance the purchasing behavior of consumers.
In the future, the dependency of marketers and consumers is discussed that will
be on social media because of its updated features and use of technology.
Marketer’s dependency is due to enhance the growth of business and offering the
product according to the demand of consumers. Therefore, the social media
enhance the chances of opportunities for marketers as promote their business
using effective strategies, contents and innovative approach.
6 Conclusion of Impact
of Social Media Marketing on Consumers
It is concluded
from the above study that the marketing of social media has a positive impact
on consumers because of using different tools and techniques. The impact of social
media is positive for consumers as well as businesses. Marketing strategies are
improved by using social media to attract a large number of consumers at the
same time because of using social media. Purchasing products and services
became easier as in short time customers can gain information about the
product. Also, marketers can use different websites to promote their products on
a larger scale because social media is used globally. Therefore, for a marketer,
it is an excellent platform to promote the products according to the interest
of consumers. With the attractive and entertainment form of advertisement
attracts more customers. For example, the red bull promotes its drinks by
making short videos and featuring stories to attract customers worldwide. It is
the proper use of social media to promote the products in an innovative way
that also has a lesson for people.
Social media marketing has become
integrated into a society where technology plays
a
considerable role in the continued growth of businesses. It has transformed the businesses from the transactional
relationship process to the social relationship process, and the marketers are utilizing this
platform for creating brand value and reputation, leading to business growth. With the power of social media, it is easy
for marketers to reach a more extensive consumer base.
This research paper has concentrated
on studying the positive impacts of social media marketing on the
consumer by providing insight through conducting different types of literature studies. The literature study on existing academic papers on this topic was systematically studied for assessing
and examining the impact of social media marketing on the consumer.
By using different and innovative
ways for the promotion of products and services through the marketing of social
media, develops a positive impact on the growth of business and consumers as
well. In this busy life, where no one has enough time to purchase the products
by visiting stores, the impact of marketing of social media is positive. With
the use of social media, purchasing of the product is more accessible, and
companies can quickly achieve brand loyalty. The conclusion is that marketing
through social media has a positive impact and businesses are also grow by
offering online services. Although, some critical issues are also generated
that can be managed in the future by using the latest technology like
artificial intelligence and other security. The companies should maintain the
privacy and security of the consumers for the development and success of the
business through social media marketing. Hence, there is a need to enhance
social media marketing because it has a positive influence on them as
purchasing of goods and services became easy and time-saving in this busy life.
In the last, with the use of efficient strategies and innovative approach,
marketing of social media should be improved that would achieve the success at a
global level because people preferred to use the social media in terms of gain
information and knowledge, being connected with friends and family and can
purchase products from the brand that offers products its services online as
maintaining quality.
It is apparent from the results that social media marketing has positively
and significantly impacted the consumers in different
ways, based on various criteria such as trust,
entertainment, user voice, effective management of time and resources, and peer
viewpoints.
However, there are certain
limitations to this research paper. The ethical and sustainable considerations
regarding social media marketing, as well as their implications, are not
discussed in this paper. Future research that focuses on the ethical and
sustainable implications on social media marketing impact on consumers may be
required. The ethical usage of social media marketing and its impact on the
customers is not analyzed in this study. it is important to know how ethical
issues in social media marketing affects the customers and what is its impact
on their overall satisfaction and loyalty. Future researchers can further
investigate the ethical and sustainable considerations of social media
marketing.
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