Impact of Facebook Marketing on Decision-Making Process of Sports Athletes
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Added on Ā 2023/01/13
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This article examines the impact of Facebook marketing on the decision-making process of sports athletes. It analyzes the positive relationship between Facebook and sports athletes in making successful decisions.
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BUSINESS COMMUNICATION (PART A)
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Table of Content ANNOTATED BIBLIOGRAPHY..................................................................................................1
ANNOTATED BIBLIOGRAPHY Daou, L., Sarkis, N., & Nader, Y. (2018). Impact of Facebook marketing on Lebanese athletes'decision-makingprocess.InternationalJournalofSportManagementand Marketing.18(5). 402-416. This article examines the impact of Facebook marketing on decision-making process of sports person. Daou examines the impact of Facebook on the life on sports as it is very essential to determine the right course of action. Daou is PhD holder in marketing and is a head of transportation management. He focuses on researching mainly in social media and marketing and advertising. As Daou is experienced in his field, and he analyses growth of internet which is exploited by Facebook and other social media platform to increase marketing activities. Article provides a brief explorationof positive relationship between Facebook and sports athletes in making decision to be successful as it is surveyed by taking 385 athletes to increase brand value and revenue generation from effective marketing. Yoon, G. & et. al. (2018). Attracting comments: digital engagement metrics on Facebook and financial performance.Journal of Advertising.47(1). 24-37. Yoon in this article examine importance of comments in digital engagement of customers to increase financial performance of businesses. Author identifies effects of social media in financial performance of businesses by taking five years information from about 500 companies which uses Facebook as their marketing medium. Collected data was matched with customer comments to understand the statistical behaviours of social medial marketing on business performance.Yoonanalysespositiveimpactofusercommentsinincreasingfinancial performance through the use of Facebook as marketing medium. The same was identified in the Daou's article which shows positive relationship of social media in increasing brand value and decision-making process of athletes. To compete in market business, have to adopt new marketing techniques and Facebook is a very effective platform with high user base. Mosquera, R & et. al. (2019). The economic effects of Facebook.Experimental Economics. 1-28. This article assesses the effects of Facebook on economy of the country to determine the positive and negative aspect. Mosquera being in department of Economics in Ecuador describes the impact of Facebook on different economies of the world. Article discusses socio-economic 1
communication impact of Facebook on lives of its users. In order to collect data, it was done from a survey of 1765 people to understand value of Facebook that its users possess to analyse the impact on daily life of users without the use of Facebook. It is determined that Facebook has positioned itself very intricately in digital world as it helps people with providing news and all the daily activities form politics around the world. Author describes that restriction of Facebook for one week increases its value and also result into addiction which is mostly increasing in men. Ji,Y& et.al.(2017). Staking reputationonstakeholders: Howdoesstakeholdersā Facebookengagementhelporruinacompanyāsreputation?.PublicRelations Review.43(1). 201-210. This article is based on the impact of Facebook on positive or negative image of company. Author has written this article to provide brief understanding about engagement of Facebook with stakeholders leads to helping or ruining reputation of company. it was described in the Yoon's article that Facebook has a positive impact in increasing financial performance of businesses through digital marketing and increasing digital presence in market. A similar survey was conducted by Yi Grace Ji by collecting data of 500 companies to understand the digital communication and found that Facebook is the new technology which helps business to identify their reputation score level with help of negative and positive user comments. However, this article only focuses on business perspective by understanding the communication channels of business which are used for Facebook to know online behaviours of their stakeholders. Chugh, R., & Ruhi, U. (2018). Social media in higher education: A literature review of Facebook.Education and Information Technologies.23(2). 605-616. Thisarticleexaminestheimpactofsocialmediainhighereducationandby understanding different factors. Chugh and Ruhi, analyses, by review of literature that increase usage of social media changed the methods to communicate with each other. This article focuses on Facebook as an educational tool to increase the efficiency of teachers and students in gaining better knowledge and skills. It was found that Facebook helps in increasing integration between student- student and teacher- student to share information on social media which is growing regularly leading to higher education capabilities in right direction.It is very essential for educational institution to educate their students about different ways to increase communication and increase their ability to, learn better from every communication effectively. 2
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Shiau, W. L., Dwivedi, Y. K., & Lai, H. H. (2018). Examining the core knowledge on Facebook.International Journal of Information Management.43.52-63. This article put emphasis on core knowledge of Facebook in users globally. Shiau and Dwivedi conducted several analyses and adopted different model to understand the impact of Facebook on lives of users which is also discussed in articles written by Chug and Ruhi. The study helped authors to understand the different core knowledge which users and businesses have learned from Facebook which includes behaviour analysis of users by understanding digital movements online, people are also more aware about privacy and security risks becoming more effective in communicating with the world using Facebook as the medium.Many businesses have effective knowledge to develop strategies to increase business performance and improve financial performance in the market effectively. This article provides better information effective business communication to improve the efficiency and customer relation in market with social media. Pongpaew, W., Speece, M., & Tiangsoongnern, L. (2017). Social presence and customer brand engagement on Facebook brand pages.Journal of Product & Brand Management. Thearticleexaminesthesocialpresenceofbusinesstoimprovecustomerbrand engagement. Authors have written this article to explain managers and users, the impact of corporate Facebook as a social presence to increase the customer brand engagement and change customer experiences and perceived values of the brand in market. With the help of marketing communication methods, the business has the ability to increase engagement of customers. Qualitative data collection methods is used in this study to understand the emotional feelings and behaviours of the users and brands according to current scenario. As this motivates customers to increaseknowledgeaboutproductsandservicesthus, increasebrandtrustsandincrease customer engagement in the brand with Facebook. As stated in Yi Grace Ji's article on reputation of stakeholders, it also explains the importance of Facebook which impacts the reputation of business in market. Golovko, D., & Schumann, J. H. (2019). Influence of company Facebook activities on recruitment success.Journal of Business Research.104.161-169. This article indicates the activities which help business to increase the efficiency of recruitment with the use of Facebook in their recruitment process. Golovko & Schumann have written this article to understand the variable which help in success of social networking sites 3
like Facebook to achieve success in recruiting talents in their company.This article provides recommendation to human resource managers to develop effective strategies and improving the recruitment process with help of Facebook. Companies have increased the market research and market size to invite more talented candidates with the help of social media platform and this has also helped businesses to improve quality of workforce according to required skillsand knowledge in hiring people. It also helps business organization to improve the job description and job analysis process by analysing current market talents. Chung, S & et. al. (2019). Financial returns to firmsā communication actions on firm- initiated social media: evidence from Facebook business pages.Forthcoming at Information Systems Research. This article exemplifies the financial return of business which have adopted digital platform to improve business activities. Chung, S is a professor of leavey school of business and explains in his article that positive and negative impact of social media in gaining effective returns to operate business successfully. Using quantitative research method the author identifies the posts of business on social media and positive comments of customers are not related to each other as it does not impact the performance of business finances.This article is a contradiction toYoon,G.whoinhisarticleādigitalengagementmetricsonFacebookandfinancial performanceā stated that customerās comments helps to increase the efficiency of business performance by effective communication of Facebook. BoarcÄs, c. (2017). Business communication in the internet age.Economics, management & financial markets.12(2). This paper evaluates business communication in internet age in current markets. BoarcÄs, c. explains in this paper the influence of internet in communication of business to gain better opportunities for expanding in market. Increase in the use of internet has also improved the business process as it helps in managing all its resources and gaining better information to make effective decisions. This has also increased the quality of products and services due to better customer engagement and large market coverage through internet communication.This also positively impacted the economic growth globally leading to better globalization. There is a significant growth in each and every industry to generate better job opportunities. 4