Holmes Institute HI6008: Social Media and Buying Behavior Research

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AI Summary
This business research project investigates the impact of social media on consumer buying behavior. The project includes an introduction, literature review, research problem, and research questions. The literature review explores how social media has changed communication between businesses and customers, influencing brand awareness and customer decisions. The research problem focuses on the significant impact of social media platforms on customer buying behaviors, particularly in the context of retailing. The research questions aim to identify the main issues organizations face through social media, the impact of social media on businesses, customer satisfaction with social media buying, and the causes of social media's impact on the retail business. The conclusion summarizes the importance of social media in business success and its role in customer satisfaction and communication. The report is based on academic journals and online sources.
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BUSINESS RESEARCH
GROUP PROJECT
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TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................3
MAIN BODY..................................................................................................................................3
Topic: Impact of social media on buying behaviour.......................................................................3
Literature review..........................................................................................................................3
Research problem........................................................................................................................5
Research questions.......................................................................................................................5
CONCLUSION................................................................................................................................6
REFERENCES................................................................................................................................1
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INTRODUCTION
The main aim for the report is to know about what business is facing issues and how they
can deal with the situation and various other customer. This report also explain about the
problems and strategies while by having the support with the literature review and various
authors for having the support over the solution.
MAIN BODY
Topic: Impact of social media on buying behaviour
Literature review
The impact of social media on the buying behaviours have been changed while due to
having the communication gap between the organization and customer. While through which
they are facing the issues for buying the products and services from their social media pages.
This could also led to increase their social media followers and also makes sure about their high
level of problems due to having the social media accounts as they are facing (Monga and et.al.,
2021). Things through having the social media that could be affects such as brand awareness
about the products and in having the business with retailing organization this could also be the
big problems for having the huge loss while having the social media platforms accounts.
According to the Bejtkovský (2020), social media has become the most remarkable mode
for organizations looking to connect with their possibilities and clients. By supplanting the
customary methods of advertising, social media has given new freedoms to firms to connect with
purchasers in friendly communication on the web. The Internet and especially social media have
changed the customers and advertisers conveying medium. With the assistance of web and the
presence of different social media destinations it is presently workable for financial specialists to
meet overall clients at single tick of the catch. Because of the web innovation, which assists the
purchaser with looking through the item on the web, see the audit and positioning of existing
clients for the item before they buy the item.
As per Divyabharathi and Paulraj (2020), view that, social media changes the specialized
techniques among merchants and purchasers. Internet business impacts the customers in their
buy choice. Correspondence through social media is another stage to trade data about item and
administrations. The investigation of customer conduct is the centre action for selling item and
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administration since most purchasers are utilizing the web and on-line web-based media
instruments. Social media become a significant media to present and market items and
furthermore to do overviews.
Silva, Duarte and Almeida (2020), view that, These days Social media is a significant
advertising apparatus for special exercises. Consequently it gets important to see what Social
media is meaning for purchaser conduct. While making a buy choice, social media impact
participate a vital job. At the point when a client chose to buy, at that point he readies a rundown
of alternatives for choosing the legitimate item. Despite the fact that internet business locales are
offering different instruments for perusing, looking for the item, demonstrating item
determinations, it is nonstop to be a troublesome undertaking for the client. People are searching
for audits, proposals and positioning from the current
Irshad, Ahmad and Malik (2020), states that, Today innovation licenses for a bigger
collaboration and time of correspondence anyway like its foundations; web-based media permits
individuals to communicate to the parcels. It is a technique by utilizing web-based media website
to accomplish the consideration of individuals. These projects focus on building up a substance
which will pull in the consideration of the peruses in social media and make them to share the
substance in their interpersonal interaction website. Buyer purchasing conduct is the
investigation of how people and associations select and use items and administrations. author
contrast that Tarabieh (2021), Its insufficient to sell items and administrations on the web. The
brand should stick out and be unmistakable in the midst of the ocean of data accessible to social
media clients. Having a predictable and particular voice on the picked web-based media platform
plus a routinely refreshed feed can support the brand picture and validity to existing adherents
and possibilities, making changes bound to occur.
Arafat and et.al., (2020) said that, This fundamentally centres around brain science,
inspirations, and practices, for example, how individuals pick between brands, how they
examination and shop, and how promoting efforts can be improved so brands can successfully
impact them. Individual, mental, and social components impact the customer conduct. Individual
components manage a people interests and sentiments, which are influenced by their
socioeconomics. Mental elements depend on their discernments and perspectives, including their
capacity to appreciate data and how they see their requirements. At last, social variables are
comprised of one's peer gatherings, financial classes, and surprisingly web-based media impact.
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Research problem
The research problem that can be while by having the social media platforms in the today
time that could be also the big issues. The scholar have selected this topic because just for stating
about the impact of social media towards the buying behaviours of the customer. While this
could also led for having their better development and also make sure about their various
strategies which are must be required for having their organization developed (Jamali and et.al.,
2020). The term social influencers alludes to people with a critical after via web-based media.
Influencers are web-based media-smart and regularly label the store or brand of the items they
are utilizing, giving these organizations an expansive reach over explicit socioeconomics. In any
case, if their posts are supported or not, their adherents can be impacted in one or the other
getting or passing on a buy.
Stages like Face book, Twitter and Instagram have moved from showing posts on their
newsfeeds sequentially to showing posts with more commitment first. Organizations are
exploiting this calculation by empowering preferences, remarks, and offers on their substance.
This move can likewise cultivate discussions among organizations and shoppers, and impact
generally brand picture (Tuzovic and Kabadayi, 2020). This could be another for selecting the
social media platform in buying behaviour of the customer for the retailing business. The effect
of social media on shopper conduct in retailing sector setting. Reasons that customers need the
brands to deal with them and society on the loose. Clients additionally like it when organizations
straightforwardly react to them and online media makes it simpler. Clients these days depending
vigorously via social media networks for client care and administration, so organizations should
make themselves noticeable in the advanced media for delivering and having their help toward
the products.
Research questions
What are the main problem or issues organization is facing through social media buying
behaviours?
What are the impact of social media on business?
Did customer are satisfy with the social media buying with products and services?
What are the cause of social media on retailing business?
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CONCLUSION
From the above report it had been concluded that social media plays important for
making the business success and this is the most important in today times for having the large
customer. This could also led for having the customer satisfaction with their products and
services while by seeing the rating over the social media. While having the business on social
media that could be easier for organization for making the better communication and also play
their important in delivering the products and services for their customer. The customer can be
easily buy their products as per their wish and also give feedback as comments for the
organization. Organization can also have their own websites and make their customer influenced
for buying their products and various other essential products for their satisfaction.
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REFERENCES
Books and journals
Bejtkovský, J., 2020. Social media platforms as HR marketing tool in selected healthcare service
providers. Marketing and Management of Innovations.
Divyabharathi, N. and Paulraj, G., 2020. SOCIAL MEDIA MARIETING-IMPACT OF
STRATEGIES ON CONSUMERS’BUYING DECISION. Chief Editor.
e Silva, S.C., Duarte, P.A.O. and Almeida, S.R., 2020. How companies evaluate the ROI of
social media marketing programmes: insights from B2B and B2C. Journal of Business &
Industrial Marketing.
Irshad, M., Ahmad, M.S. and Malik, O.F., 2020. Understanding consumers’ trust in social media
marketing environment. International Journal of Retail & Distribution Management.
Jamali, M. and et.al., 2020. Social media data and housing recovery following extreme natural
hazards. International Journal of Disaster Risk Reduction. 51. p.101788.
Monga, N. and et.al., 2021. Effect of Digital Marketing Campaigns on Youth-Related to Social
Advertisements.
Tuzovic, S. and Kabadayi, S., 2020. The influence of social distancing on employee well-being:
A conceptual framework and research agenda. Journal of Service Management.
Tarabieh, S.M.Z.A., 2021. The impact of greenwash practices over green purchase intention: The
mediating effects of green confusion, Green perceived risk, and green trust. Management
Science Letters. 11(2). pp.451-464.
Online
Arafat, S.M. and et.al., 2020. Responsible factors of panic buying: an observation from online
media reports. Frontiers in Public Health. 8. p.747. [Online]. Available through: <
file:///C:/Users/User/Downloads/fpubh-08-603894.pdf >
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