20213580 Social media and mobile marketing play important roles in marketing research by giving valuable data to firms, increasing consumer involvement, and increasing overall decisionmaking. They contribute to the marketing research process in the following ways Consumer Insights and Sentiment Analysis Social media platforms are a rich source of customer opinions, preferences, and sentiments. Marketers can analyze social media posts, comments, and discussions to understand public opinion about products, services, and brands. Example Starbuck social media platforms like Twitter and Instagram to gather feedback from customers. By analyzing tweets and posts, Starbucks learned that customers wanted a more festive holiday cup design. This feedback led to the creation of new cup designs, demonstrating how social media sentiment analysis guides product development. Competitor Analysis Monitoring competitors' social media activities provides valuable insights into their strategies, customer interactions, and market positioning. This information aids businesses in identifying opportunities and staying ahead in the competitive landscape.Example Pepsi vs. Coca-Cola on Facebook Pepsi and Coca-Cola engage in fierce social media competition. By analyzing their Facebook pages, researchers can compare engagement metrics, post reach, and audience demographics. This information helps both companies refine their marketing strategies Personalized Marketing Mobile apps and platforms allow businesses to collect data on users' behaviors, preferences, and interactions. This data can be utilized to personalize marketing messages and offers, enhancing the customer experience and increasing engagement. Example Amazon's mobile app uses sophisticated algorithms to analyze users' browsing and purchase history. Based on this data , the app provides personalized product recommendations to individual users. By analyzing the effectiveness of these recommendations and tracking users' interactions Location Based Insights Mobile devices provide location data, allowing businesses to understand where their customers are located. This information is valuable for local businesses and can aid in targeted marketing efforts based on geographic locations. Example Walmart's Mobile App for Navigation based on the customer's location within the store. This functionality not only enhances the customer experience but also allows Walmart to track customer movements, helping them understand popular sections and optimize product placements accordingly. Cross channel integration Integrating mobile marketing with other channels (such as social media, email, and websites) provides a holistic view of customer interactions. This integration enables marketers to analyze customer journeys across multiple touchpoints, helping in optimizing marketing strategies. EXAMPLE Nike's SNKRS App integrates social media, mobile, and e- commerce. The app notifies users about limited-edition sneaker releases, leveraging social media. By tracking user interactions across the app, social media, and website, Nike gains insights into user behavior and preferences, enabling targeted marketing campaigns and inventory planning Case study
Nike is one of the most successful sportswear companies in the world,
and it is known for its innovative marketing campaigns. The company uses social media and mobile marketing extensively to connect with its customers and gather insights about their needs and preferences. Nike has a strong presence on all major social media platforms, including Facebook, Instagram, Twitter, and TikTok. The company uses these platforms to share content about its products, athletes, and brand. Nike also uses social media to listen to its customers and get feedback on its products and marketing campaigns Nike uses social media polls and surveys to ask its customers about their favorite products, features, and designs. The company also uses social media to track customer engagement and identify trends. In 2020, Nike launched a new line of running shoes called the Air Zoom Pegasus 37. Before launching the shoes, Nike used social media to get feedback from its customers on the design and features of the shoes. Nike also used social media to build excitement for the launch of the new shoes in the day of the launch, Nike used social media to share photos and videos of the new shoes, as well as testimonials from athletes who had tested the shoes. Nike also used social media to run a contest where customers could win a pair of the new shoes The launch of the Air Zoom Pegasus 37 was a success, Nike's use of social media to connect with its customers and was a factor in the success of the launch. Reference What Role Does Social Media Play In Market Research? - Creatives