Co-Creating Brand Value through Social Commerce

Author(s):  
Yichuan Wang ◽  
Nick Hajli

This chapter looks at the opportunities of social commerce for branding. The chapter examines social commerce constructs and their impact on brand development. The results of this empirical study show that both social factors and social commerce constructs have positive effects on co-creating brand value intention. This study also highlights the moderating effect of privacy concern between social commerce constructs and co-creating brand value. Contribution of this chapter is the combination of social media, social commerce, and social support in branding strategies, which produce co-creating brand value strategies. The chapter also provides practical implications for the market to develop co-creating brand value strategies through social commerce.

Author(s):  
Yichuan Wang ◽  
Nick Hajli

This chapter looks at the opportunities of social commerce for branding. The chapter examines social commerce constructs and their impact on brand development. The results of this empirical study show that both social factors and social commerce constructs have positive effects on co-creating brand value intention. This study also highlights the moderating effect of privacy concern between social commerce constructs and co-creating brand value. Contribution of this chapter is the combination of social media, social commerce, and social support in branding strategies, which produce co-creating brand value strategies. The chapter also provides practical implications for the market to develop co-creating brand value strategies through social commerce.


2021 ◽  
Author(s):  
◽  
Syahida Hassan

<p>Although the field of social commerce has gained a lot of attention recently, there are many areas that still remain unexplored. A new phenomenon emerging within virtual communities is a blurring between social and commercial activities. To date, scholars in the social commerce literature have either focused on customers in the community or on medium to large scale businesses. There has been little research on social commerce communities which include micro-businesses despite their rapid growth in South East Asian countries.  This study explores a social commerce community of Malay lifestyle bloggers, who are a subset of the Malaysian blogosphere community. Bloggers begin by using the personal genre, some then move on to set up online businesses using their personal blogs as a platform. The characteristic of blogging’s ease of use means there are low barriers to starting a small business, merging blogging and commerce. This changes the nature of the community by bringing in a new relationship, as well as relationships between bloggers and readers, there are now also relationships between sellers and customers.  This study aims to understand the motivations for both sellers and customers, and how their relationships as bloggers and readers influence their participation in social commerce within the same community. To address the research objective, 20 sellers and 21 customers who also play a role as bloggers or readers were interviewed. In-depth interviews using laddering and semi-structured interview techniques were carried out to explore social commerce behaviour, the perceived consequences, and goals or values of participation. In addition, observation was also conducted on the platform used by the sellers. Data was coded using NVivo whilst the themes arising from the coding process were transformed into an implication matrix and hierarchical value map using Ladderux software.  This study found that strong ties within the community, influenced by homophily and the sense of virtual community, motivated the customers to participate in commercial activities in order to obtain their goals which included a sense of obligation, loyalty, satisfaction and self-esteem. The relationships influenced customers to trust each other, provide social support and made purchasing products more convenient. Sellers were influenced by the convenience of using social media and the social support provided by the customers which helped them to achieve their goals which are profit and business sustainability.  This study contributes to social commerce theory by highlighting an underexplored type of social commerce setting and addressing how trust can be transferred from social to commercial activities. The findings provide a useful insight for businesses, regardless of their size, to build an understanding of the need to create a good relationship with their customers. For macro-businesses, this model can be used to identify what is lacking in their social media marketing strategy.</p>


2018 ◽  
Vol 1 (2) ◽  
pp. 74-83
Author(s):  
Amir Hidayatulloh

This study  aims  to  analyze  social  commerce  constructs, social  support,  and  individual  trust in the  community   in   social   commerce   activities.   Social   support   includes   emotional   support  and informational  support.  The population  was  social  media  users, while  the  samples were  social media users who had made purchase at least two transactions through social media. The sampling technique was convenience sampling. Totally, 162 respondents were involved. Hypothesis testing was  done using  Warp PLS. This study  reveals that individual  trust in  the community  can be built directly  through  the social  commerce  constructs. These  constructs affects both  emotional  support and information support, in which they will ultimately affect the individual trust in the community. Furthermore,  social  commerce  intention  is influenced  by  individual  trust in  the community  and emotional  support.  However,  information  support does not  affect  the social commerce  intention.


2021 ◽  
Vol 13 (1) ◽  
pp. 56-72
Author(s):  
Dandison C. Ukpabi ◽  
Olayemi Olawumi ◽  
Oluwafemi Samson Balogun ◽  
Chijioke E. Nwachukwu ◽  
Sunday Adewale Olaleye ◽  
...  

Different personality traits respond differently to unfavourable life situations. Unemployment can have several negative social, economic, and domestic consequences. Many people use social media for a variety of reasons. The aim of this study is to examine the way different personality traits respond to Facebook in the period of unemployment. Data was obtained from 3,002 unemployed respondents in Nigeria. The study used regression model to analyse the data. Among the five personality traits, results indicated that the relationship between neuroticism and online social support was negative. However, the relationship between online social support and satisfaction was positive. The study highlights several theoretical and practical implications.


Author(s):  
Ayca Oralkan

Brands are communication-based strategies where consumer expectations confront with company values, goals and promises. Developing successful branding strategies enables strengthened personal bonds with target groups. Stories have always captivated people and a company can tell its own story to reflect the brand value and the company vision. In the current social media era, narrative advertising has become a favorite tool of communication in reaching the target groups as a persuasion technique by making the audience feel involved and be part of the stories. In this context, collective tendencies are adapted to be the hosting medium for the slogan of the brand or any related information regarding the branding strategies. On the other hand, collective inertia, which develops as a side effect of these cultural tendencies, allows the new approaches as a source of interest if and only if they pass the high threshold. In these circumstances, narrative advertising is one of the most appropriate methods that can be used for a successful marketing strategy to overcome the inertia resistance.


2019 ◽  
Vol 2019 ◽  
Author(s):  
Dmitry Epstein ◽  
Kelly Quinn

As individuals trade information to access social media products and services, privacy has become increasingly valuable. Elite discourses have tended to frame privacy in terms of its vertical or institutional dimensions, but much less attention has been given to how users individually interpret and make sense of this complex notion. How do privacy sense-making processes intersect with privacy concerns and self-efficacy? What happens to these outcomes when an individual’s ideas about privacy collide with framing by an authoritative source? This project poses a 2x2 survey-based experiment with 628 subjects to explore these questions. We examine differences in privacy concerns and self-efficacy resulting from an individual’s own conceptualization of privacy, as well as from the presentation of similar and alternative framing of the concept. Preliminary results indicate that while individual conceptualizations show no differences in outcomes, higher levels of privacy self-efficacy result from the framing of privacy in horizontal terms and lower levels of privacy concern result when framing is consistent with the individual’s conceptualization. Strategic and practical implications of these findings are discussed.


2021 ◽  
Vol 37 (9) ◽  
pp. 12-13

Purpose This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies. Design This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context. Findings OBCs can be a powerful tool for marketing and advertising over social media, but they are difficult to form, with no guarantee that they will benefit a brand. Originality The briefing saves busy executives, strategists and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format.


2018 ◽  
Vol 35 (5) ◽  
pp. 688-702 ◽  
Author(s):  
Cui Di ◽  
Wu Fang

People always rely on a specific media environment to acquire knowledge about public affairs. This pilot study investigates gain of public affairs knowledge as an effect of media use and interpersonal discussion in China. Based on a contextual understanding of China’s press system, this study explores the mainstream and alternative forms of public affairs knowledge and the ways they are linked with use of new media (i.e., web news and social media) and traditional media (i.e., newspaper and television). An analysis of survey data first shows that television news and web news have direct positive effects on mainstream knowledge, and only web news directly contributes to alternative knowledge. Second, news from newspapers, television, the web and social media have indirect effects on both mainstream and alternative forms of public affairs knowledge through elaboration and interpersonal discussion. Third, elaboration is only associated with alternative knowledge, whereas interpersonal discussion is associated with both mainstream and alternative knowledge. Theoretical and practical implications of the findings are discussed.


2021 ◽  
Vol 115 ◽  
pp. 105238 ◽  
Author(s):  
Mina Tajvidi ◽  
Yichuan Wang ◽  
Nick Hajli ◽  
Peter E.D. Love

Sign in / Sign up

Export Citation Format

Share Document