Chap 8: Managing mass, personal and digital communications Flashcards
Four groups of a viral marketing campaign
Stroke of luck, Triumphs, Nightmare, Homemade issues
Viral marketing definition
A marketing technique that can encourage people to pass along a message by electronic WOM.
Factors to create a successful viral marketing campaign
Right people (social hubs, market mavens, salesperson) Right message (memorable and interesting) Right time (seeding and luck)
Which customer behavior to encourage in viral marketing?
- Contribution: create new content related to brand
- Propagation: share brand’s own digital content
The emerging science of clickbait: 3 types of rating to measure the emotional effect
- Valence: pleasant
- Dominant: degree of control
- Arousal: excited (intensity of emotion)
Social media definition (Kaplan and Haelein, 2010)
A group of Internet-based applications that are built on technological foundations of web 2.0 that allows for creation and exchange of UGC.
Social media definition (Mangold and Fauld, 2009)
Social media describes a variety source of information that is created, initiated, circulated and used by consumers that intent on educating others about products and brands.
Functions of social media (7 building blocks)
Identity, Sharing, Presence, Relationships, Conversations, Groups, Reputation
Identity function in 7 building blocks
To reveal identity.
> Implications: self-promotion, data privacy, different identities in different platforms
Sharing function in 7 building blocks
To exchange, distribute and exchange content.
> Implications: copyright materials
Presence function in 7 building blocks
To know if other users are available.
> Implications: creating and managing reality. Intimacy and immediacy of context.
Communication function in 7 building blocks
To communicate with other.
> Implication: conversation velocity, risk of starting and joining a conversation.
Relationships function in 7 building blocks
To know users are related to others.
> Implication: manage structural and flow of properties in relationship network.
Reputation function in 7 building blocks
To know the social standing of others and their content.
> Implication: monitor strength, passion, sentiment and reach of users and brands
Groups function in 7 building blocks
To be in order or to form a community.
> Implication: membership rules and protocols.
How many blocks should a social media platform focus?
3-4
Social media challenge
(Mangold and Faulds, 2009) 2
(Fournier and Avery, 2011) 2
(Holt. D, 2016) 1
- Consumers’ ability to communicate with each other LIMITS the control that companies have over content, timing and dissemination of information.
- Self-conduct information search and make purchase decision that are perceived to be more trustworthy than company’s sponsored communication.
- Declining audiences and increasing advertising skip
- Consumers use brand as parody and entertainment, and expose the brand’s weakness.
- Consumers have less interest in brand content. Most view it as brand spam.
How to overcome social media challenge
- A landscape for open-source branding: co-create and disseminate content with consumers.
- Brand management shift: building to protection, planning to execution, differentiation to resonance
- Knowing how to shape their discussion: talking-point products, like-minded communities, power of stories.
New trends in marketing communication
C.I.M, KKS, 2011
- Growth of UGC, collaborative and on-demand program.
- Consumers feel in control of their personal media and able to connect with others.
- Pervasive marketing instead of “push and pull”: communally endorsed and shared promise.
- Online advertising takes place of traditional offline.
How digital changes online retailing?
- Urbiquitous and real-time.
- Dynamic, engaging and customisable.
- Easy comparision with instant and transparent information.
- Delivered through an interface-digital translation of customer service.
How digital affects the business?
- Offer business with unrestricted opening hours.
- Low-cost.
- Almost endless scalability.
- Service for an international customer base.
Pressure of online environment
- Customers cancel orders.
- Shopping bots.
- Exacerbated by comparision.
- Intense competition.
Classification of Social Media by self-presentation/self-disclosure (HL) and social presence/media richness (LH)
(Kaplan and Haenlein, 2010)
- Blogs
- Social networking sites
- Virtual social worlds
- Collaborative projects
- Content communities
- Virtual game worlds