Emotions, Brand Relationship Quality, and Word Of Mouth are all Brought Together by Social Media

Social media has become the forefront of digital communications; something which is understandable given that 67% of all internet users are using social media (Hudson et al, 2015). However, despite social media’s heavy use as a marketing tool, it is unclear whether social media influences emotions and attachments to brands, and whether social media based relationships lead to the desired outcomes, such as positive word of mouth (WOM). This aim of this piece is to investigate whether social media does influence the above, by using the article written by Hudson et al (2015) who’s research relates it to the music tourism industry, and music festivals in particular.

Music Tourism

Music tourism is big business in the UK; generating around $2 billion in spending and provides the equivalent of 19,700 full time jobs.  In 2013 there were 800+ music festivals in 57 countries and that figure is always growing. One of the most important channels for music festivals is social media. Most festivals use social media as a prime delivery channel from the organisers to attendees, due to the volume and different types of information that can be provided through social media.

But a more interesting point is how music festivals are using social media whilst the event is actually happening. For example Bonnaroo festival in the US used radio frequency identification (RFID) to create an interactive experience throughout the festival, and that reached 1.5 million impressions over the 3 day festival. Furthermore, by using geo-location based applications, Foursquare in particular, attendees were able to be given a unique festival experience simply by sharing the location of their tent. The most recent application of social media usage at a festival has been with Coachella in the last couple of weeks. This year, through Snapchat, they were able to livestream the event using attendees’ Snapchat’s. This allowed for the viewing around the globe to not only see the music acts, but also the vast number of activities that are going on throughout the site. By combining the positive festival experience and proactive social media usage, music festival brands could potentially build long-term relationships with music fans.

Social Media

“Through social media, marketers can gain rich, unmediated consumer insights, faster than ever before, and can foster loyalty through networking” (Hudson et al, 2015).

This quote can be backed up further by research undertaken by comScore which found that when people hear about a product or service from a friend on Facebook they 15% more likely to become a customer than through other means. Tie this in with the fact that Facebook reaches 90% of the American population and 85% of the European population the potential of this channel is immense; and that is just for one social network. Throw in the likes of Instagram and Twitter, with 150 million and 200 million users respectively, the pool of potential customers becomes even greater.

With a clearly defined social strategy, brands will be able to take full advantage of social media; and when it has been suggested that a positive experience from direct brand engagement on social media will lead to repeat purchases and recommendations, it should be an important part of every firm’s marketing activities.

Emotion

Emotion has a key part to play in terms of a brand’s marketing communications, as emotion has a large influence on human behaviour not just reason. Using social media to appeal to people’s emotions, ahead of reason, could lead to to more engagement and thus increased revenue. This is particularly important in the music tourism. The die hard music fans that wait around for hours outside their favourite band’s hotel to get a 30 second glimpse is not motivated by reason, it is motivated by emotion. The emotion that music can provide people from all walks of life is powerful, and being able to encapsulate this emotion into social media activity will most certainly help to drive these music festival brands’ growth.

Research in the UK of 2000 consumers aimed to explore their emotional relationship with brands. Brands which scored most highly were technology brands, such as Google and Sony, alongside brands with heritage and longevity (Heinz, Kellogs and M&S). Again this can be related to how the products make people feel. Some people often feel lost when they leave the house without their phone, as if a piece of them is missing, and with Heinz the idea of comfort food, in particular baked beans, is something that people can become emotionally attached to.

Brand Relationship Quality

Consumers project their own personalities on to brands when describing them. Customers who projects their self onto brands display a stronger attachment with that brands. Furthermore, brand relationship quality has been described as being a key indicator of the strength and depth of the person-brand relationship.

From social media interactions with a brand, consumers will draw conclusions about the characteristics of a brand and establish a relationship. When such a strong relationship is established, consumers will often look on that brand as irreplaceable and an inseparable part of their lives – something which can be clearly seen with brands such as Apple.

Conclusion

It can be said online communications and social media has made marketing efforts that influence consumers to spread positive WOM and recommend brands they choose can be as important as building awareness and driving purchases. This is further backed up by research that suggests that consumers respond much more positively to content shared through social media than they do to paid placements such as advertising.

Interacting with the brand using social media had a direct effect on emotional attachment to the festival, and emotional attachment has a direct effect of WOM. This supports recent contentions that social media interaction can lead to high levels of emotional engagement, and that the emotional responses triggered by marketing communications, play a dominant role in explaining behavioural outcomes.

The worldwide growth of music tourism as a niche market will ensure that music festivals will flourish, in particular as the key generating markets of Europe and the US continue to improve.

So to remain competitive in this marketplace, marketers will have to aggressively pursue social media marketing strategies in order to increase and maintain loyalty amongst fans.

 

 

 

Hudson, S., Roth, MS., Madden, TJ., & Hudson, R. (2015) The effects of social media on emotions, brand relationship quality, and word of mouth: an empirical study of music festival attendees, Journal of Tourism Management. Vol.45, pp.68-76.

 

The State Of Digital Marketing And It’s Future

Arguably, digital marketing is still in it’s infancy. Advancements in technology over the last decade have led to great change in the way that digital marketing has been conducted: and no matter what form it takes, digital marketing is only going to increase. Ad-supported free apps and content marketing are ever popular, and are going to be a huge driver for growth in the area in the coming years.

Content marketing is very important, with regards to how digital marketing is conducted. It is no longer about pushing products in customers’ faces and hoping they buy more, there is now a much greater emphasis on content and engagement. This means creating a more connected consumer experience via marketing that makes use of every electronic device imaginable to engage customers. Digital marketing gives marketers a whole range of technologies to engage with customers, helping to make the experience as engaging as possible. Its importance is highlighted by many in the industry, with 91% of marketing practitioners saying that digital marketing is ‘important’ or ‘very important’, according to Forrester Research. The same study also goes on to say that by 2019 spending on search, social media, email and display marketing will exceed spending on cable and broadcast TV advertising combined.

Most interestingly, the industry is not just dominated by big businesses. IBM, Adobe and Google, to name a few, do have a large influence, but there are may small marketing agencies out there which are contributing to advancements in the industry. Agencies are seen as being the prime movers in the industry. There are many new tech-savvy start ups which offer integrated services and cross-functional talent. However, in an industry with many start ups and some technology giants, there are a number of challenges for these agencies to overcome: 1) a lack of technology or other resources; 2) ability to better track and measure results; 3) ability to precisely target prospects; 4) developing effective content or creative for digital campaigns; 5) conversion rates.

This Past Year

But what exactly is the state of digital marketing now? The big realisation over the past year is the importance of the customer experience. Many companies are realising that they can create a competitive advantage by making the customer journey an amazing one. Furthermore, the emergence of of real-time personalised marketing was one of the most interesting developments. Using automated technologies marketers were able to instantly target advertising to audiences.

However, continuous evolution of technologies makes it harder for marketers to keep up. Constant change has become a reality for marketers and for customer relationship management it makes it more difficult, due the sheer number of channels that are developing at a fast pace. From social media to content marketing to automation, marketers continue to add more tools to their repertoire to stay ahead of these evolving trends. The most difficult part is managing these technologies, and managing to integrate them effectively with current marketing activities.

For The Future

Jerry Rackley, chief analyst at Demand Metric, suggests that in 2015 solutions that help better target their ideal customer will see greater adoption. This would include predictive marketing analytics, advances attribution, personalisation, and sophisticated loyalty solutions, which will be highly integrated with marketing automation platforms and social media.

Continued advancements of social networks as advertising platforms will further advance the industry in the near and long-term future. Social networking sites are really starting to generate a nice return of investment (ROI) for business, and they are most likely to become the forefront of a company’s online marketing activity.

Finally, content marketing is going to continue in growing in popularity, alongside native advertising, and will be key drivers in growth of digital marketing and its vibrancy. It is most likely that these two areas will come to prominence in 2015, especially on mobile devices.

So what can be taken away from this? It is clear that digital marketing is a key part of marketing for many businesses, and is only going to get stronger. Integration across many platforms will drive customer engagement and the experience consumers have with particular firms. It is an industry which is only going to go from strength to strength, making it a very interesting area of marketing to keep an eye on.

 

 

Martin, EJ. (2015) The State Of Digital Marketing, EContent. Vol.38, No.1, pp.18-19

 

The Future Is Bright For Wearables And Marketing

Wearable are the next big thing in technology right now. The Apple watch going on sale in the past week will only help to drive wearables to the next level; something that Apple has a knack of doing. But looking past the obvious wearable technologies, you will find they come in many forms across a whole range of prices. However, for this I want to  concentrate on connected wearables, such as the likes of Google Glass and of course watches, as they are likely to have the most influence on marketing in the category.

In 2014 it was estimated that the revenues generated from wearables surpassed the $3 billion mark, not bad for something that has only just recently been introduced. This has mainly been driven by fitness bands. Personally, I have not got on that fitness bandwagon, but I am an owner of a Moto 360. Yes it is nice to see how many steps I have done each day, but to be honest I just want to live the childhood dream of being like Buzz Lightyear and being able to talk to something that is on my wrist! But in all seriousness, this is a growing market and one that is not likely to slow down; with the revenues being estimated to surpass the $100 billion mark by 2020.

I can understand exactly why it the wearables market is set to become so big in such a short space of time. Yes they are really a bit of a novelty at the moment, but there are some aspects which really do add to my everyday life. The most frequently used features for me are linked to music. Whenever I leave the house, I put on my music on my phone, get plugged in and I am ready for the day. Being able to change songs and control what I listen to from wrist is great. Not getting my phone out to do this seems like such a hassle now. My Moto 360 has also helped me to not miss important calls. My phone spends most of its time on silent in my pocket, so when out and about having another way to get a notification from it is great. Especially when I am at a point in my life where I am job hunting for when I graduate from university. These are just two features which are incredibly useful in every day life, but what excites me most is what is coming to them in the future. The ability to control things around your house, paying using NFC (Near Field Communication) and being able to search for things with more than just text, and these can all be done from your watch. However, it is not just watched that get me excited, the Microsoft HoloLens could revolutionise the way that people work and interact with the world around them. For those who have not seen one, they are not the prettiest thing in the world; making the wearer look like a low budget knock off of Daft Punk. After Google Glass being a bit of flop, HoloLens shows great signs of what is to come in the coming years for wearables and in particular how they can affect marketing.

 

My Moto 360.

My Moto 360.

 

Microsoft HoloLens

Microsoft HoloLens

 

OK, so enough of the geek out and on to more serious business. It may be unclear with how they might have any influence on marketing, but for some it is. Wearables will allow for a much broader method of search. As mentioned before, search is mainly limited to text, but if wearables become mainstream, images, sounds, and other things will become searchable as well. With more ways to search, there will be more searchable content, leading to more searches generated and consequently larger profits for those who advertise on sites such as Google. Lets take one example given by Sephi Shapira, CEO of MassiveImpact, a global performance-based mobile advertising platform. She highlights:

“Customers walk into an electronics store, grab an image of a camera they see in front of them, and then search online to compare offers. That will return more precise results than typing ‘camera’ in a search bar, and create the opportunity for more precise and targeted ads as well. this increases the likeliness of engagement, making advertisers very happy, and keeps Google happy too.”

Not only do wearables have the potential to revolutionise the way we search, but also the way in which companies go about gathering intelligence about their customers. However, this is where the task becomes much more difficult. With users engaging with an greater number of channels, it becomes increasingly difficult to keep information consistent, relevant and up to date. The influx of additional data makes already large amounts of data even larger. Analysing it will become even more complex. In order to meet the growing demand for better analytics , vendors will need to develop solutions that are more solutions that are intuitive and pinpoint key correlations for each consumer.

Furthermore, wearables could give the ability for users to interact with brands even further; for example interactive adverts. It is something that is becoming more popular on catch-up TV websites, so why not on your augmented reality glasses. Obviously when you put on your Microsoft HoloLens you do not want to be bombarded with adverts, but what if they could be turned into virtual experience. Maybe you are sat at home and looking for new clothes, through your HoloLens (because why wouldn’t you?), and it recognises the clothes you are looking at and sends adverts of items that could match items. Then maybe taking it to the next level be able to overlay this item on your outfit.

There are a great number of ways in which wearables have the potential to not only greatly improve consumers’ lives but also drive marketers to be even more dynamic and innovative. Being a technology that is still in its infancy, there is lots of room for improvement, and maybe at some point in the future the likes of world a Minority Report will be a reality but hopefully not as disturbing.

 

 

Minsker, M. (2014) Wearables Will be a Marketing Winner, CRM Magazine. Vol.18, No.4, pp.14-14

TechRadar, (2014) ‘Seven epic Apple Watch and Android Wear features coming soon’. [Online], http://www.techradar.com/news/wearables/seven-epic-apple-watch-and-android-wear-features-coming-soon-1284505/2 [accessed 15th April 2015]

Digital: the new paradigm of marketing

The development of online technologies has been a key driver in the development of marketing practices over the last decade. However, it has not just affected the way in which marketers help to promote and sell their products, but also how informed consumers are when it comes to buying a product or service. With consumers being constantly connected to the online world, be it through their smartphone or tablet, they now have a wealth of information at their fingertips to help them in their decision process. But how has this changed marketing practices, I hear you say? Well you’ve come to the right place; I’ve done all the reading so you don’t have to.

First of all, it is good to go back and look at the more traditional dynamics of marketing. It can be said that before the introduction of all these online technologies that marketing was much simpler in terms of how marketers got their message across to the consumers. The only challenge was making yourself heard amongst all your competitors was often the biggest challenge, but whoever shouted the loudest tended to be heard first. It can be classified as “push” marketing, as marketers had to put their messages out there to as many consumers as possible and hope that it got seen.

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The Old Marketing Paradigm

 

Now to move on to what is known as the new digital marketing paradigm. Online technologies have made marketing more varied and innovative and on the whole a more complex issue. No longer is marketing an idea whereby marketers push their message to consumers, there is now a new element where consumers have a pull influence. As consumers are constantly connected online their is now a wealth of information readily available to them. Therefore, for marketers they have to find ways to push their message out into the online world, but make sure it is there ready for consumers to access as and when they want and need it. Their message has to be fragmented and innovatively fed through various digital channels to reach the consumer at the perfect moment. Also, due to the pull factor of the new digital paradigm a biderectional flow of information has been created.

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The New Digital Paradigm

 

With consumers being so knowledgeable about products and services thanks to the internet, digital marketers have to continue to be dynamic and innovative in order to succeed in marketing their products and services. What is most interesting about the new digital paradigm it is ever evolving due to the fast pace environment of the internet. New technologies are always being introduced and consumer trends in the way they use the internet will always have an influence on how marketers will use the online environment.

 

 

Greenberg, E. & Kates, A. (2014) Strategic Digital Marketing. 1st Edition. New York: McGraw-Hill Education