From Social to Sale: The Effects of Firm-Generated Content in Social Media on Customer Behavior

Main Authors: Kumar Ashish, Bezawada Ram, Rishika Rishika, Janakiraman Ramkumar, Kannan P.K.
Format: Journal Book
Bahasa: ind
Terbitan: Journal of Marketing Management , 2016
Subjects:
Online Access: http://opac.unila.ac.id/ucs/index.php?p=show_detail&id=42089
Daftar Isi:
  • Given the unprecedented reach of social media, firms are increasingly relying on it as a channel for marketingcommunication. The objective of this study is to examine the effect of firm-generated content (FGC) in social media onthree key customer metrics: spending, cross-buying, and customer profitability. The authors further investigate thesynergistic effects of FGC with television advertising and e-mail communication. To accomplish their objectives, theauthors assemble a novel data set comprising customers’ social media participation data, transaction data, andattitudinal data obtained through surveys. The results indicate that after the authors account for the effects of televisionadvertising and e-mail marketing, FGC has a positive and significant effect on customers’ behavior. The authors showthat FGC works synergistically with both television advertising and e-mail marketing and also find that the effect ofFGC is greater for more experienced, tech-savvy, and social media–prone customers. They propose and examine theeffect of three characteristics of FGC: valence, receptivity, and customer susceptibility. The authors find that whereasall three components of FGC have a positive impact, the effect of FGC receptivity is the largest. The study offers criticalmanagerial insights regarding how to leverage social media for better returns.