Enhancing Bandcamp's Profit Share: Social Media and Communication

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Added on  2023/02/03

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AI Summary
This report investigates the impact of social media integration and improved internal communication on Bandcamp's profit share. The research includes an introduction, research aim, objectives, and questions focused on understanding the importance of social media integration and internal communication. Data analysis includes themes on awareness, the importance of these strategies, and customer satisfaction, with the findings suggesting that extensive social media integration significantly contributes to increased profit and market share. The report concludes that social media plays a critical role in promoting products and companies, supporting the positive impact of the strategies. References to relevant academic sources are also included.
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Project design
implementation and
evaluation
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Table of Content
Introduction
Research Aim
Research objective
Research question
Data analysis
Conclusion
References
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Introduction
This report is based on enhancing the profit share of Bandcamp by
developing a new platform features which support them in expanding
their operations as well as customer base which in turn will increase the
profitability of company.
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Research Aim
To investigate the importance Extensive Social Media integration and
Improved internal communication for registered users in increasing
profit share. A case study on Bandcamp.”
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Research objective
To identify the concept of Extensive Social Media Integration
and its importance.
To examine the importance of improved internal
communication for registered users.
To determine the way for enhancing profits share within
Bandcamp.
To determine the role of Extensive Social Media Integration and
Improved internal communication for registered users in
increasing profit share for Bandcamp.
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Research question
What are the concept of Extensive Social Media Integration and
explain its importance?
What are the importance of improved internal communication
for registered users?
What are the different ways for enhancing profits share within
Bandcamp?
What are the role of Extensive Social Media Integration and
Improved internal communication for registered users in
increasing profit share for Bandcamp?
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Data analysis
Theme 1: Awareness about the concept of Extensive Social Media
Integration and improved internal communication
Yes No
0
5
10
15
20
25
25
15
Frequency
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Cont...
Theme 2: Importance of Social Media Integration and improved
internal communication
Maximising customer base Increasing profit share Enhancing brand image
0
2
4
6
8
10
12
14
16 15 15
10
Frequency
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Cont...
Theme 3: Satisfaction level of customer towards business products
and services
Yes No
0
5
10
15
20
25
30
30
10
Frequency
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Conclusion
From the above given research it can be concluded that the majority of
people are agreed over the project that company must opt for
Extensive Social Media integration platform. This selection was
successful and Bandcamp become able to achieve higher profit as well
as market share. Social media has played a critical role in today's world
so as to advertise a product or company.
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References
Wilken, R., 2014. Places nearby: Facebook as a location-based
social media platform. New Media & Society. 16(7). pp.1087-
1103.
Wu, L., 2013. Social network effects on productivity and job
security: Evidence from the adoption of a social networking
tool. Information systems research. 24(1). pp.30-51.
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Thank You
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