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Influencer marketing has become one of the most popular marketing strategies in today’s ever changing digital scene. Despite being a popular technique of engaging customers, influencer marketing is still difficult for marketers and brands to understand the meaning behind of it and how to take advantage of influencer marketing. The research delves into the multifaceted landscape of influencer marketing. The research questions revolved around three key aspects of influencer marketing. Firstly, a profound exploration of influencer marketing was undertaken, delving into its evolution, benefits and underlying principles of influencer marketing was important to fully understand its dynamic role in modern marketing. Beyond this, an in-depth analysis scrutinized the impact of influencer marketing on consumer purchase behavior, peeling back layers to reveal the nuanced interplay of trust, and authenticity. To answer these questions a thorough analysis of influencer content and consumer interactions was done. To extract meaningful insights, to provide a holistic understanding of the symbiotic relationship between influencers and consumers. Trust emerged as a linchpin in the effectiveness of influencer marketing, profoundly influencing consumer perceptions and behaviors. Conclusively, the study highlights the indispensability of trust and authenticity in influencer marketing. Brands seeking success in influencer-driven consumer engagement must prioritize and harness these factors to navigate the complexities of contemporary marketing landscapes successfully.
Die vorliegende Bachelorarbeit behandelt das Thema einer Social Media Strategie für ein kleines und mittelständisches Unternehmen, welches im Business-to-Business Sektor tätig ist. Aufgrund der zögerlichen Nutzung von Social Media von KMUs im Business-to-Business Sektor und den mangelnden empirischen Erkenntnissen besteht die Frage, wie Social Media am effektivsten eingesetzt werden kann. Mithilfe einer systematischen Literaturanalyse arbeitet diese Bachelorarbeit eine Social Media Strategie heraus. Der praktische Teil wird mit der Überprüfung der empirisch belegten Erkenntnisse an der Werbeagentur teufels garantiert.
The Impact of Using Sustainability Labels in Advertisements of Fashion Brands on Social Media
(2022)
This thesis investigates the impact of sustainability labels in advertisements of fashion brands on social media. It aims to answering the following research questions: Do consumers search for more information on sustainability labels? Do sustainability labels impact credibility? Do sustainability labels impact purchase decisions? To answer the research questions an online survey with 202 participants was conducted. The empirical study revealed that consumers tend to search for less additional information when a sustainability label is displayed in an advertisement on social media. Few consumers believe that brands are fully sustainable when sustainability claims in an advertisement are not supported by a sustainability label. The display of a sustainability label may not be one of the most important factors for consumers considering purchasing fashion items. Those results suggest that brands should use sustainability labels as an important tool in advertising on social media to fill the informational need of consumers and increase credibility.
Social Media spielt in der heutigen Zeit für viele deutsche User eine wichtige Rolle im Alltag. Doch aufgrund der hohen Nutzungszahlen, werden die sozialen Netzwerke inzwischen nicht mehr nur für freizeitliche Aktivitäten benutzt, sondern sind auch bei Unternehmen eine beliebte Möglichkeit Konsumenten auf sich aufmerksam zu machen.
Und nicht nur im B2C-Bereich werden die sozialen Netzwerke genutzt, sondern auch immer mehr B2B Unternehmen verwenden die sozialen Netzwerke um Aufmerksamkeit für sich und ihre Produkte zu wecken. Aufgrund der geringen Ressourcen die dafür aufgewendet werden müssen, bieten sich bei Social Media vor allem für kleine und mittelständische Unternehmen viele Möglichkeiten.
Die vorliegende Arbeit wird daher zunächst die theoretischen Grundlagen über die Zielgruppe und die bevorzugten Interaktionsmöglichkeiten der User erläutern, während im nächsten Schritt Social Media und insbesondere die Plattformen Facebook und LinkedIn inklusive ihrer Nutzer analysiert werden. Dabei werden zur Veranschaulichung Best-Practice-Beispiele vorgestellt, welche bereits in den sozialen Netzwerken erfolgreich sind.
Ziel ist es, ausgearbeitete Handlungsempfehlungen aufzuzeigen, welche es gewerblichen Unternehmen mit begrenzten Ressourcen ermöglichen ihre Reichweite durch die Plattformen Facebook und LinkedIn zu erweitern.
The impact of human trust on business performance by the example of non-governmental organizations
(2020)
How important, scalable and influenceable is the factor trust for charities? This thesis deals with this question regarding social media appearances of three NGOs. Furthermore, it aims to capture the general state of trust of millennials in non-governmental organizations.
This work is predicated on extensive literature research, an online survey, a group discussion with millennials and an application of the HuTrust Model by mext consulting.
Findings indicate that the level of trust matters in different areas such as social media engagement rate and the willingness to donate money to an NGO
This research focuses on explaining the relevance of social media and innovation process within companies. The main scope of this paper is to explain the different types and platforms of social media, how they can be of an importance to companies & businesses and to explain in details which aspects of the Innovation process could be influenced by social media. In order to develop a deeper understanding, an interview with Chief Innovation Officer Dr. Marcell Vollmer was conducted, followed by a mini case study and market research to test the validity of the information received. Several factors can work as a barrier on the way of utilizing social media networks for business purposes as well as current and future challenges, what they are and what their possible outcomes are, are discussed in details in this paper.
Roles and responsibilities regarding HR marketing on online business networks in mid-sized companies
(2020)
This paper discusses the roles and responsibilities in managing online business networks for human resource marketing and then applies these concepts to the case of the German company IMS Gear SE & Co. KGaA. It is important for companies to consider which departments and employees are responsible for social media, as this is the first step to ensure the success of a possible social media strategy.
For the practical part of this paper, a benchmark analysis with four companies and interviews with the employees of IMS Gear were conducted. The findings were used to develop a feasible recommendation for IMS Gear.
The literature review shows that it is not advisable for companies to only have roles and responsibilities regarding business networks and human resource marketing, but that they need a comprehensive strategy for all social media channels and a cross-departmental approach for managing social media. At the end of the paper, a possible team structure for IMS Gear is developed. However, the employees would not have the time to add the necessary roles to their daily working routine. Various ideas have been collected to suggest how the company could still build up an active social media presence and ensure the accomplishment of the tasks connected to social media.
The use of social media for marketing purposes has already begun replacing virtually all traditional marketing practices in order to cater to a generation of digital natives and young festival goers – a trend that can be especially observed in the music industry today. For all that, not all marketers of music festivals are fully informed about the necessity of a well-developed and multifaceted social media strategy. The goal of this study was to explore the topic of strategic social media in music festival organizations and to derive a model upon which music festival organizations can establish and form their social media strategy more effectively. For this purpose, a literature review was conducted and a combined social media model for assessing social media strategies of music festival organizations was proposed. Six prevailing themes pertaining to social media strategy that were identified constitute the model: 1. Channel selection and evaluation, 2. Audience analysis, 3. Communication style, 4. Social media content, 5. Social monitoring and risk management, and 6. Roles and responsibilities. In the second part of this study, a qualitative research design employing interviews and a case study was used in order to explore strategic social media use in leading festivals in Serbia, Croatia and North Macedonia. The findings of this study reveal about the impact of specific social media platforms, the use of analytics tools for gathering audience insights, the two-way interactive communication with the fans, the efficiency of content resulting from co-creation, the role and importance of PR in social media, as well as the position of social media in the organization and the staffing approach for social media marketing.
Social media and social networks are terms which appear daily in all sort of different contexts. The importance of such online platforms is growing day by day. People spend an immense time of their everyday life in such networks. Therefore, it is not surprising that marketers have encountered the great opportunity coming along with this. This paper contributes to the little research on follower demographics and delivers an insight into the hotel industry in the Black Forest. It attempts to close the knowledge gap of comparing social media followers of hotels to actual hotel guests, shows how hotels can integrate social media in their marketing strategy and why it is relevant for different market participants. Moreover, a comparison of possible target groups was made.
For analysing social media followers of hotels, own primary data was collected in form of an email survey of hotels in the Black Forest. The findings were afterwards compared to actual tourist demographics derived from a former hotel guest survey in the Black Forest. According to responses of 85 hotels, the study found that hotel guests are usually from older generations (60+) and mainly male, whereas hotel social media follower tend to be younger (around 30) and female. This shows the possibility for hotels to target customers, different from their loyal customer base, via social media. Secondary data helped drawing further conclusions. Instagram clearly supports hotels to attract new customers. It has high relevance for hotels, as well as individuals, and can be integrated in each step of a marketing planning process. Target group analysis of current guests and potential new clients, who are present on social media, has made clear that both are coming with advantages and disadvantages. Hotels should enter new markets to enlarge their customer group, however, not at the dispense of loyal guests. Loyalty and customer relation management in the accommodation industry will always be an essential point.
Social media is important to the private lives of people. Marketers can use this to sell their products and create a competitive advantage. This study’s research questions were formulated in order to examine this topic more closely. The aim of this thesis is to provide a theoretical background on social media and the influence of purchase decisions, as well as empirical evidence. Secondary data from various journals and articles was used to provide a theoretical framework based on the latest information. Empirical studies by researchers in different industries have examined the topic with a statistical approach. Their findings are used to provide a practical perspective. The results show that social media has a positive influence on consumers’ purchase behaviour. The conclusion discusses recommendations for future research, limitations and a critical view on existing empirical research and theory on this topic.