Digital marketing and social media: Why bother?

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Title Digital marketing and social media: Why bother?
Authors Maria Teresa Pinheiro Melo Borges Tiago, José Manuel Cristóvão Veríssimo
Publication date November–December 2014
Journal Business Horizons
Volume 57
Issue 6
Pages 703-708
Publisher Elsevier

http://gty.im/168351250

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Abstract: Changes in consumer behavior require firms to rethink their marketing strategies in the digital domain. Currently, a significant portion of the associated research is focused more on the customer than on the firm. To redress this shortcoming, this study adopts the perspective of the firm to facilitate an understanding of digital marketing and social media usage as well as its benefits and inhibitors. The second generation of Internet-based applications enhances marketing efforts by allowing firms to implement innovative forms of communication and co-create content with their customers. Based on a survey of marketing managers, this article shows that firms face internal and external pressures to adopt a digital presence in social media platforms. Firms’ digital marketing engagement can be categorized according to perceived benefits and digital marketing usage. To improve digital marketing engagement, marketers must focus on relationship-based interactions with their customers. This article demonstrates how some firms are already accomplishing just that.
Keywords Digital marketing; Budget spending; Social metrics; Digital media trends
Citation Tiago, M. T. P. M. B., & Veríssimo, J. M. C. (2014). Digital marketing and social media: Why bother?. Business Horizons57(6), 703-708.
DOI doi:10.1016/j.bushor.2014.07.002
Link  http://www.sciencedirect.com/science/article/pii/S0007681314000949