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Sheetal - RM - Cia 1
Sheetal - RM - Cia 1
RESEARCH METHODOLOGY
December 2021
Done by:
SHEETAL RANI
SECTION – N
EXECUTIVE SUMMARY
The research aims to provide Facebook with new features that has the potential
to attract more users and advertisers. This is research is comprehensive research. It
analyzes the situation and also the response received from the target audience in
the market on new functions like ‘Dislike’ which are socially urged.
Facebook is the leading American social media platform providing social media
networking services. Facebook is owned Meta Platforms. It was founded by Mark
Zuckerberg in 2004. It consists of a massive depository of data that records both
our reactions to events and the evolving customs with the scope that the historians
only imagine. The website preserves the images of millions of users lives for all the
social researchers.
Other than Facebook “Google+”, “twitter” and “Instagram” are few other
examples of social media platforms. Generally speaking, the goal of all these
platforms is to build social relations and networks for mutual benefits and
gratification. All these social media platforms promote the idea of self-expression
through the features provided by them and involve people in different kinds of
communication on their platform. Looking at the large user base of these platforms
it is a very popular place for advertisers and companies to post their ads in order to
promote their products and services.
LITERATURE REVIEW
The negativity effect and user behavior on Facebook and Social Networking
Society is developing at a fast rate with the help of emerging new technologies
and as a part of it, social networking can be seen as one of its components. This has
not only provided people with the opportunity to express themselves but has also
enabled the chance of creating a wide circle of relationships while managing their
intimacy and privacy. This has made the business sector to enter deep into the field
of social networking and use it as its weapon towards success which is not hidden
from anyone. The advertisements of brands and companies to display their
products and services can be seen on every social media platform, let alone
Facebook. Some advocate this to be the inevitable trend of development as
suggested by some theories in social psychology such as Negativity Effect.
Especially advertisers’ benefit from this as it suggests that placing advertisements
on social media platforms can result into adverse effects to their products and even
the overall revenue of the company. Some users may react to these posts and
advertisements with dislikes and negative comments, and they are termed as
“haters” according to the Negativity Effect.
At present Facebook only allow users to only “like” and “comment” on the
platform. The users who are willing to express negative thoughts usually do it
through comments. The purpose of introducing a “dislike” button is to potentially
increase the involvement on the platform with just one click. Not to ignore the fact
that this might have its own advantages and disadvantages.
‘Like’, ‘Dislike’ and ‘Comment’ – all are appealing to advertisers
‘Like’, ‘Dislike’ and ‘Comment’ are all features provided by Facebook and are
used in campaigns and advertisements by advertisers to evaluate the involvement
of the viewers and the impact being created. The average number of ‘Likes’ and
‘Comments’ generated daily by the users can be approximated to about 2.7 billion.
These are some of the indicators of ‘involvement’ which is explained in the Theory
of Involvement by Muehling, Laczniak & Andrews, 1999. ‘Involvement’ can be
defined as the measure of the effectiveness of communication to the target
audience. The more the number of responses, reflects that a greater number of
Facebook Users have viewed and assessed the advertisements. ‘Like’ button can be
an indicator of true and successful transmission of message through
advertisements. Thus, the new payment method “pay-for-likes” is suggested by the
research which will attract more advertisers after they look at the reach to the
estimated number of target customers. This means, the more the number of ‘Likes’,
the more payment made by the advertisers on each single advertisement made of
the platform.
Google advertising, its type and revenue – the main competitor of Facebook
The range of advertisement display at Google very wide as compared to its
competitors. The types of Google ads that are usually found are, ‘Text Ads’,
‘Image Ads’, and ‘Ads in video ’on YouTube and ‘Ads in mobile web of games’.
One of the main causes of Google’s position at the top of social networking sector
is the enhanced and effective performance in providing such wide range of
advertisements.
OBJECTIVE
HYPOTHESIS
RESEARCH DESIGN
3. Mail panel survey: The questionnaire is sent to the advertisers who have
agreed to proceed for the research. They are also promised that this
research has the potential to increase the response rates and directly reach
the target audience.
4. Fax survey: In this method the questionnaire is sent to the companies and
advertisers by a fax machine.
5. Experiment: This experiment is done to study the cause-effect
relationship of the variables. The first step of the experiment is to provide
a “pay-for-like” feature for the advertisers and reduce the price-per-unit of
advertisement to attract more advertisers to participate in the experiment.
The second step is to give them the choice of three payment methods and
evaluate which one attracts a greater number of advertisers. This will also
help to evaluate which type of products are best for the “pay-for-like”
feature.
ASSUMPTIONS
TIMEFRAME
The following timeframe is assumed to be the working schedule to carry out the
research. The aim is to finish the research within a quarter due to the short product
lifecycle of social media industry and rapid development in technology. A short
work schedule helps to ensure the accuracy and representation of the data collected
from the respondents.
BUDGET
REFERENCES
PLAGERISM REPORT