Literature Review On Digital Marketing
Literature Review On Digital Marketing
Literature Review On Digital Marketing
In a recent study, Riegner (2011) found that Facebook users are over 50%
more likely to recall an ad when their friends are featured in it. For instance,
the percentage of consumers who use ratings and reviews to inform their
decisions about online purchases increased from 12% in 2009 to 57% in 2011.
Consumers increasingly consult social media as they purchase.
Kaplan and Haenlein (2010) they define social media as a group of Internet
based applications that build on the ideological and technological foundations
of Web 2.0, and allow the creation and exchange of user generated content.
Sinclaire and Vogus (2011, 294) cite OReillys (2005) definition: social
media is a broad term that describes software tools that create user generated
content that can be shared. However, there are some basic features
necessary for a website to meet the requirements as a social network website:
the site must contain user profiles, content, a method that permits users to
connect with each other and post comments on each others pages, and join
virtual groups based on common interests such as fashion or politics. (Gross
& Acquisti, 2005; Ellison, Steinfield & Lampe, 2007; Lenhart & Madden,
2007; Winder, 2007; Boyd & Ellison, 2007 as cited in Cox 2010).
The phrase social networking sites is often used interchangeably with social
media. However, social media is different because it allows participants to
unite by generating personal information profiles and inviting friends and
colleagues to have access to those profiles (Kaplan and Haenlein 2010).
Thus, social media is the environment in which social networking takes place
and has altered the way in which consumers gather information and make
buying decisions.
Social media has advanced from simply providing a platform for individuals to
stay in touch with their family and friends. Now it is a place where consumers
can learn more about their favourite companies and the products they sell.
Marketers and retailers are utilizing these sites as another way to reach
consumers and provide a new way to shop. Technology related developments
such as the rise of powerful search engines, advanced mobile devices and
In recent years, social networking sites and social media have increased in
popularity, at a global level. For instance, Facebook is said to have more than
a billion
its beginning in
2004
median annual follower growth was 42% last year across the five major social
networks examined. Put another way: a typical, middle-of-the-road brand had
42% more followers on Facebook, Twitter, Instagram, LinkedIn, and Pinterest
combined at the end of 2015 than it did the beginning of the year. The highest
growth rate was for Instagram, with the median number of followers
increasing 6-8% month over month. Annually, brands' median growth in
number of followers was 100% on Instagram in 2015. Brands grew their
Facebook, Twitter, and LinkedIn audiences by nearly a quarter last year (23%,
23%, and 24% median annual follower growth, respectively). The smallest
annual follower growth rate occurred on Pinterest (20%)
Mangold and Faulds (2009) social media has caused a significant change in
the strategies and tools companies use for communicating with customers.
They argue that social media combines characteristics of traditional IMC
tools (companies talking to customers) with a highly magnified form of wordof-mouth (customers talking to one another) whereby marketing managers
cannot control the content and frequency of such information. Companies are
limited in the amount of control they have over the content and distribution of
information. Ignoring such user-generated content is not an option.
Companies must be able to monitor and respond to conversation, both
positive and negative, surrounding the brand. There are ways however, that
companies can influence discussions in a way that is consistent with the
organizations mission. Social media marketing enables companies to achieve
he
importance
social
media
is
on
the
and
in
the
facilitaimmediate,
interactive,
communications
(Miller,
Fabian,
network
sites
(SNSs)
of
network
resource
interested
in
managing
maintaining
old
contacts
with
part
of
their
extended
Ellison,
2007).
To
can
be
seen
as
tools
which
support
activities
in
a
fun
can
deepen
the
users
2009).
sites
have
emerged;
users
based
on
some
tend
to
commuinterests
(Palmer
&
Koenig-Lewis,
2009)
strategic
value
and
(Zhou,
Wu,
&
Luo,
individuals
construct
a
profile
within
a
bounded
other
users
with
connection,
and
to
view
connections
and
those
the
system
(Boyd
&
social
network
sites,
not
looking
to
meet
importance
is
on
the
and
in
the
facilitaimmediate,
interactive,
communications
(Miller,
Fabian,
network
sites
(SNSs)
network
resource
of
interested
in
managing
maintaining
old
contacts
with
part
of
their
extended
Ellison,
2007).
To
can
be
seen
as
tools
which
support
activities
in
a
fun
can
deepen
the
users
2009).
strategic
value
and
(Zhou,
Wu,
&
Luo,
individuals
construct
a
profile
within
a
bounded
other
users
with
connection,
and
to
view
connections
and
those
the
system
(Boyd
&
social
network
sites,
not
looking
to
meet
sites
have
emerged;
users
based
on
some
tend
to
commuinterests
Koenig-Lewis,
(Palmer
2009)
&
importance
is
on
the
and
in
the
facilitaimmediate,
interactive,
communications
(Miller,
Fabian,
interested
in
managing
maintaining
old
contacts
with
part
of
their
extended
Ellison,
2007).
To
can
be
seen
as
tools
which
support
activities
in
a
fun
can
deepen
the
users
2009).
network
sites
(SNSs)
network
resource
strategic
value
and
(Zhou,
Wu,
&
Luo,
individuals
construct
a
profile
within
a
bounded
of
other
users
with
connection,
and
to
view
connections
and
those
the
system
(Boyd
&
have
emerged;
users
based
on
some
tend
to
commuinterests
Koenig-Lewis,
(Palmer
2009)
&
importance
is
on
the
and
in
the
facilitaimmediate,
interactive,
communications
(Miller,
Fabian,
social
network
sites,
not
looking
to
meet
interested
in
managing
maintaining
old
contacts
with
part
of
their
extended
Ellison,
2007).
To
sites
can
be
seen
as
tools
which
support
activities
in
a
fun
can
deepen
the
users
2009).
connection,
and
to
view
connections
and
those
the
system
(Boyd
&
The
social
media
network
sites
(SNSs)
network
resource
strategic
value
and
(Zhou,
Wu,
&
Luo,
individuals
to
construct
a
profile
within
a
bounded
of
other
users
with
social
network
sites,
not
looking
to
meet
interested
in
managing
maintaining
old
contacts
with
part
of
their
extended
Ellison,
2007).
importance
is
on
the
and
in
the
facilitaimmediate,
interactive,
communications
Fabian,
(Miller,
network
resource
strategic
value
and
(Zhou,
Wu,
&
Luo,
individuals
to
a
profile
within
aconstruct
bounded
of
other
users
with
connection,
and
tothe
connections
and
those
the
system
(Boyd
&view
The
social
media
network
sites
(SNSs)
importance
is
on
and
in
the
facilitaimmediate,
interactive,
communications
(Miller,
Fabian,
social
network
sites,
not
looking
to
meet
interested
in
managing
maintaining
old
contacts
with
part
of
their
extended
Ellison,
2007).