Gu et al. (2024) Flashcards

1
Q

Study’s aim

A

Explore the effectiveness of different influencer marketing strategies in livestream commerce, using data from TikTok livestreams in China. Investigates whether firms should collaborate with a single big influencer, multiple small influencers, or a combination of both to maximise product sales

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2
Q

Livestream commerce

A

Combines live video streaming and online shopping with social media influencers, creating an interactive shopping experience. Key aspects include: (1) Real-time interaction, (2) Community and urgency, and (3) Influencer role

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3
Q

Real-time interaction

A

Viewers can ask questions, receive immediate product information, see demonstrations, and interact with the influencer

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4
Q

Community and agency

A

Livestreams foster a sense of community, often with music, discounts, and calls to immediate purchase

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5
Q

Influencer role

A

Influencers demonstrate and promote products, acting as a bridge between the firm and the consumer. They also share aspects of their personal lives, build relationships with followers, and integrate product endorsements into their personal narratives

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6
Q

Big influencers

A

Effective at reaching a large audience. They establish a wide appeal through their personality and talent

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7
Q

Small influencers

A

Can foster more intimate relationships with their followers, leading to higher conversion rates

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8
Q

Dependent variable

A

Product unit sales during livestreams

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9
Q

Control variables

A

Factors like the number of products promoted, category focus, discount depth, and short video promotions were included to ensure robust results

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