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The Impact Associated with Social Media on Corporate Brand in Malaysia Market Prepared by: Kharisma Adhie Nugraha 1101601147

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Page 1: Presentation brm

The Impact Associated with Social Media on Corporate Brand in Malaysia Market

Prepared by:Kharisma Adhie Nugraha

1101601147

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The Impact Associated with Social Media on Corporate Brand in Malaysia Market

Presentation Flow Background of Study

Research problem

Research Questions And Objectives

Literature Review Thesis Framework

Research Hypothesis

Research design

Pilot Study

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Background of

Study

Traditional advertising is slipping, companies display a rising interest in social media

Using social media in a company’s marketing mix is beneficial to its brand among Malaysian company

Negative comments are harmful to the brand.

The Impact Associated with Social Media on Corporate Brand in Malaysia Market

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Background of Study

What is Social

Media?

The term ‘social media’, sometimes also referred to as ‘consumer-generated media’ (CGM), “describes a variety of new and emerging sources of online information that are created, initiated, circulated and used by consumers intent on educating each other about products, brands, services, personalities and issues”

Categories of Social Media (Constantinides & Fountain, 2007; Kaplan & Haenlein, 2010):• Collaborative projects (e.g. Wikipedia,comparison shopping sites)• Blogs• Content communities (e.g. Youtube)• Social networking sites (e.g. Facebook)

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Background of Study

What is Corporate Brand?

One of the most important assets you can develop for your business is a powerful brand. Brands are not just logos or tag lines, they are the culmination of who you are, how you’re different from your competition, and why a buyer should do business with you

Fundamentally, branding online is pretty similar to branding offline. The palette is different because the medium is reduced to a screen instead of a billboard or a print advertisement, but the opportunity for messaging is the same.

With Online brand management, we have learned that sometimes the best way to say something on the social web is to, “have someone else say it.”In today's world an online or social media brand manager has more than a single audience to worry about. There’s the company website, corporate blog, Twitter account, Facebook Page, YouTube channel, Foursquare presence and so on and so forth. Staying competitive in today’s social media landscape means setting up shop where your fans are. An online business has a greater chance for success if those who buy its products and services recognize its brand

What is online Corporate

Brand?

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Research Problem

social media is “a hybrid element of the promotion mix in that it combines some of the characteristics of traditional IMC tools with a highly magnified form of word-of mouth communications in which marketing managers cannot control the content

and frequency of such information

‘web 2.0 experience’ also influences consumer decisions

Yet, there exist no broadly accepted theory to be implemented in Malaysia.

The Impact Associated with Social Media on Corporate Brand in Malaysia Market

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Research Questions

Is there any link which is determining the relationship between the uses of social media in company’s online communication mix, with the success of the corporate brand?

What account for using social media effectively in company online communication to create successful corporate brand?

What are the degree allowing consumers to read comments of other consumers will impact on their purchase behaviour?

Research Objectives

To determine whether the use of social media in a company’s online communication mix positively influences the corporate brand.

To examine the effectiveness of using social media in a company’s online communication mix

To Investigating the degree allowing consumers to read comments of other consumers will impact on their purchase behaviour.

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Thesis Framework

The central assertion of this thesis is that the use of social media in a company’s communication mix positively influences the corporate brand. This paper suggests that ‘credibility’ , ‘embeddedness’, and

‘user interaction’ mediate the influence of social media on the corporate brand

Embeddedness Credibility User Interaction

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Thesis Framework

Embeddedness

is the degree to which individuals enmeshed with particular firms

People actively chose organizations they can identify with, even if they are not formal members (Bhattacharya & Sen,2003)

‘embedded relationships’ between customers and companies. These relationships are likely to be “strong, intricate, and trusting, resulting in consumers feeling more like insiders than outsiders” (Bhattacharya & Sen, 2003).

Thorson and Rodgers (2006) confirm that the ability to interact induces consumers to engage in positive word-of-mouth and fosters the creation of an intimate relationship between organization and customer, i.e. causing feelings of embeddedness.

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Credibility

How reliable and valid information that can be

delivered

Thesis Framework

Bickart and Schindler (2001) suggest that information presented in social media has a higher credibility than marketer-generated information.

A major mediating factor between perceived interactivity and attitude is trust (Thorson & Rodgers, 2006), which in turn is a part of credibility (Newell & Goldsmith, 2001).

Gruen et al. (2006) find a significant correlation between the knowledge exchange between consumers and the intentions to engage in word-of-mouth. Electronic word-ofmouth, in turn, is more credible if found on an interactive website, where consumers exchange information and opinions.

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User Interaction

Global interaction which a user has direct contact

and with which they interact to conduct

activities

Obermiller and Spangenberg (2000) find that consumers are less sceptical toward nformation presented in consumer reports or told by a friend than advertisements or sales persons.

Duan et al. (2008) reach a conclusion and suggest that online reviews increase consumer awareness instead of directly influencing public opinion. They find that the rating of reviews has “no persuasive effect on consumer purchase decisions” (Duan et al., 2008).

East et al. (2008) find that positive wordof-mouth has a stronger impact on brand purchase probability than negative publicity.

Thesis Framework

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Social Media

Embeddedness

Credibility

User Interaction

Corporate Brands

Thesis Framework

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Embeddedness

Hypothesis

Corporate communication messages appearing on social media channels evoke higher feelings of embeddedness than messages appearing on traditional online channels.

Feelings of embeddedness among consumers positively influences corporate brands.

Corporate communication messages appearing on social media channels are more credible than messages appearing on traditional online channels.

Message credibility has a positive influence on the corporate brand

Credibility

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User Interaction

Hypothesis

Pre-exposure word-of-mouth, even when partially negative, has a positive impact on the credibility of the message.

Feelings of embeddedness foster the creation of post-exposure word-of-mouth.

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Research Design

Purpose of studydeveloping a framework that can generate research hypothesis, and then test the reliability and validity of the hypothesis.

Type of Investigation

correlation type of investigation : The researcher investigates the measure of the association, or co-variation of two or more dependent variables

extent of researcher interference

Minimal : correlation study, explained the researcher findings from how researcher develop a thesis framework, collect the relevant data, until analyze the data to come up with the findings.

Study Settingnon-contrived : researcher is simply observing his subjects in the "real life" environments. Because researcher have no way of influencing what researcher subjects are doing

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Research Design

Data Collection Method

Primary : QuestionnaireSecondary : company record and publication journal

Measurement and measure

scaling measurement : using scale answer questionnaire.Interval Scale : The participants answered each question with the degree of what they believes (for example 1 = strongly disagree... 5 = strongly agree).

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Pilot Study

GatheringData

check the consistency of the distribution of participants’

gender, nationality, education and age

check the consistency of the Control question

Scaling the main data to examine the three entity in

the TF

Test the hypothesis