Professional Documents
Culture Documents
SUBMITTED TO
THE GLOCAL UNIVERSITY, SAHARANPUR
IN THE PARTIAL FULFILMENT FOR THE DEGREE OF
GLOCAL SCHOOL OF BUSINESS AND COMMERCE
BY
ABDULAZEEZ BASHIRA ENEZE
(Reg. No. GU21R0849)
2022-2024
Under the Supervision of
Mrs. Khushbu Kausar
THE GLOCAL UNIVERSITY OF BUSINESS AND COMMERCE
SCHOOL, GLOCAL UNIVERSITY,
MIRZAPUR POLE, DISTT.SAHARANPUR
CERTIFICATE
This is to certify that the dissertation entitled “SOCIAL MIDIA STRADEGIC
FOR ONLINE SHOPPING” is a Bonafide and genuine research work is carried
out at the Department of Business Administration, Glocal School of Business and
Commerce by ABUDULAZEEZ BASHIRA ENEZE BC0M (3rd year), during
the year of 2022-2024 under the supervision of Mrs. KHUSHBU KAUSAR This
Project is submitted for partial fulfilment of the requirements for the award degree
of Glocal school of business and commerce Glocal University, Saharanpur.
The satisfaction and euphoria that come along with successful completion of any
work would be incomplete unless we mention the names of the people who made it
possible, whose constant guidance and encouragement served as a beam of light
and crowned out the efforts. First of all, it is by the love and blessings of Allah
(S.W) that I am able to complete my investigation studies successfully and I
present this piece of work which I am eternally indebted.
I now take this opportunity to express sincere thanks to Prof. (Dr.) Vijay Kumar,
Dean & Principal, Glocal School of Pharmacy, VC Prof. (Dr.) P.K. Bharti,
Glocal University his support and constant encouragement throughout my project
work.
I wish to express my deep gratitude to Asst. Prof. MOHD Sarwar Rahman,
Glocal school of Business and Commerce for his hearty cooperation & valuable
guidance for my project work.
Abstract: Social media has revolutionized the ways of communication and sharing
information and interests. The rapid growth of social media and social networking
sites, especially, in developing country like India is providing marketer a new
avenue to contact customers. The study attempts to assess the impact of usage of
social media on purchase decision process. The study finds that the social media is
most widely used in information source for entertainment, networking, and
information on new brands. Also, the social media reviews and opinions affect the
purchase decision process; however, tendency of share their experiences post
purchase is surprisingly good. Keywords: Social Media, Online Purchase,
Advertisement, Decisions, Factors Influence
• Social media sites cater for innovative features such as ‘like’ buttons and
comment sections frequently used to facilitate conversations. Sharing information
through social media is important because of the impact it has on the choices that
people make when selecting
products and services. • Incorporating Share buttons for social media platforms
such as LinkedIn, Facebook and Twitter on your website will allow you to
advertise your business and promote interaction. Several social media users make
their purchases online after they share items on Pinterest, Facebook and Twitter.
This is a clear indication of how vital social media networking is in ecommerce..
Both operational and strategic decision-making processes for businesses or
entrepreneurs will benefit from this study.
TABLE OF CONTENTS
INTRODUCTON
What is the meaning of Social Media Marketing? The meaning of the term ‘social
media’ can be derived from two words which constitute it. Media generally refers
to advertising and the communication of ideas or information through
publications/channels. Social implies the interaction of individuals within a group
or community. Taken together, social media simply refers to
communication/publication platforms which are generated and sustained by the
interpersonal interaction of individuals through the specific medium or tool.
Wikipedia has a general definition of the term: Social Media is the democratization
of information, transforming people from content readers into content publishers. It
is the shift from a broadcast mechanism to a many-to-many model, rooted in
conversations between authors, people, and peers. Social media marketing refers to
the process of gaining website traffic or attention through social media sites. Social
media marketing programs usually center on efforts to create content that attracts
attention and encourages readers to share it with their social networks. A corporate
message spreads from user to user and presumably resonates because it appears to
come from a trusted, third-party source, as opposed to the brand or company itself.
[citation needed] Hence, this form of marketing is driven by word-of-mouth,
meaning it results in earned media rather than paid media. Social media marketing
is a new marketing strategy which almost every business is adopting to reach their
consumers on the virtual networks. If you have an idea and you want it to reach
millions, at a very little cost, then social media is the only way-out. Entertainment
companies were the first to adopt the social media as a promotional tool. Weinberg
(2009) has defined social media marketing as the process that empowers
individuals to promote their websites, products, or services through online social
channels and tap into a much larger community that may not have been available
via traditional channels. So if we keep it simple, social media marketing is the
process where organizations use social media websites to build rush on their
company official websites. It does not stop here but organizations also inform the
potential customers of happenings in the organization, launch of the new model or
product and latest news about the organization through social media applications.
Gordhamer (2009) has related social media marketing to the relationship marketing
where firms need to shift from “trying to sell” to “making connections” with the
consumers. This explanations of social media marketing takes us to the other side
of marketing, where building relations with the potential consumers is the key to
repeated purchases and enhanced brand loyalty. Social Media is an innovative tool
that organizations use for creating a very strong public relation with the customers
on the virtual networks (Jan & Khan, 2014). Maintaining public relations through
social media has become easy because a large number of potential consumers are
available on the virtual networks. And making connection with consumers using
social media is only some clicks away. Today’s customers are more powerful and
busy; therefore, companies should be reachable and available in every social media
communication channel such as Face book, Twitter, Blogs, Forums at any time
(Gordhamer,2009). Exploiting the opportunities provided by the social media
communication channels is important for every organization.
Goals and objectives are important elements of a company's plan that establish its
core. Here are some differences between goals and objectives: Goals:
A goal is a broad, overarching target that a company wants to achieve in the
future.
Goals are usually long-term and provide direction to the company.
Goals are general statements of desired achievement, such as increasing
profitability, growth, and customer service.
Goals are specific and measurable, but they do not detail how to get there.
OBJECTIVES:
An objective is a specific, measurable action that a company takes to achieve
its overall goal.
Objectives are usually short-term and define the specific steps or actions that
a company takes to reach its goal.
Objectives are the specific steps or actions that a company takes to reach its
goal, such as increasing annual sales by 10% or landing three new accounts each
month.
Objectives are specific and measurable, and they detail how to get there.
By setting goals and objectives, businesses can clarify what they want to
accomplish with their actions and create clear metrics for success. Effective goals
and objectives should align with a larger personal or professional vision. It is
important to continuously refine the goals and objectives based on feedback and
data to ensure that they remain effective.
To measure and evaluate the effectiveness of the marketing mix, businesses should
consider the following:
Establish Measurable Objectives: Establish measurable objectives that are
aligned with the overall business strategy. This will help determine what metrics
to track and evaluate.
Monitor Performance of Each Activity: Monitor the performance of each
activity to determine what has worked and what needs to be changed to promote
financial and/or brand growth
Compare Actual Results with Expected Outcomes: Compare actual
results with expected outcomes to determine the effectiveness of the marketing
mix. This can be done through measurable outcomes such as lead generation,
online analytics, and bottom-line value
Use Surveys and Feedback: Use surveys and feedback to gather
information about customer satisfaction and preferences. This can help
determine what changes need to be made to the marketing mix to better meet
customer needs
Analyze Sales Data: Analyze sales data to determine the success or failure
of marketing mix choices. This can help determine whether changes to the
marketing mix have had a positive or negative impact on sales
Construct a Matrix: Construct a matrix that ranks the mix components
from most effective to least effective and identifies areas where improvement is
needed. This can help determine which components of the marketing mix are
working and which are not
By measuring and evaluating the effectiveness of the marketing mix, businesses
can determine what changes need to be made to better meet customer needs and
achieve their overall business objectives. It is important to continuously refine the
marketing mix based on feedback and data to ensure that it remains effective.
LITERATURE REVIEW
Social network sites (SNSs) such as My Space, Facebook, and Youtube have
attracted millions of users, many of whom have integrated these sites into their
daily practices. There are hundreds of SNSs, with various technological
affordances, supporting a wide range of interests and practices. However, the
impact of SNSs is increasingly pervasive, with activities ranging from economic
and marketing to social and educational. Among the wide impacts of social
network sites, they are, anecdotally, becoming increasingly important in today’s
businesses. Thus, the purpose of this study is to present a literature review of and
classification scheme for research works in business impacts of SNSs, with the aim
of clarifying the ways SNSs impact businesses. The review covers 28 journal
articles published from 2000 to 2011 and a few months of 2012. The 28 articles
classified SNS applications in businesses into six distinct categories: the
“marketing and advertising,” “knowledge management,” “social capital,”
“relationship management,” “e-commerce,” and “economic model.” The findings
reveal that “marketing and advertising” were the most frequently category has been
considered in the literature. This review provides a source for discovering business
impacts of social network sites and will help to simulate further interest in the area.
Mohammad Furqan Khan1, Dr. Anisa Research Scholar, School of Business
Studies , Islamic University of Science and Technology, Awantipora, J&K.
Assistant Professor, School Of Business Studies, Islamic University of Science and
Technology, Awantipora, J&K. Social media and social media marketing are
sometimes used interchangeably, but two indeed are different. The purpose of this
research paper is to revisit the literature on both concepts and correlates them in
technical terminologies. We have studied the literature available on Social media
first and identified the basic functionalities of it. Then the literature available on
social media marketing helped us in identifying its dimensions. In conclusion
section of the research paper we have correlated the two concepts and redefined
social media marketing in technical terms.
Helena Alves (University of Beira Interior and NECE) Cristina Fernandes
Polytechnic Institute of Castelo Branco and NECE Mario Raposo University of
Beira Interior and NECE This study carries out content analysis and systemizes
articles on social media marketing in the Web of Science database. Forty-four
studies were analyzed in accordance with a variation on the systematic review
approach, involving synthesis- and interpretation-based assessment. The results
demonstrate how most of the studies analyzed focus on the consumer perspective
in terms of usage, share, and influence of social media on consumer decisions, and
perceptions. The studies focusing on the firm’s perspective centered not only on
the usage of social media, but also on their implementation, optimization, and
measurement of results. The majority of studies are quantitative and published in
recent years. This study not only reached certain conclusions for both theory and
practice, but also defined future lines of research according to the gaps detected by
the study’s results. ©2016 Wiley Periodicals, Inc.
This study will try to analyze the potential of social media as a marketing tool in
countries with the following objectives: · To identify the role of Social Media
Marketing in business · To find out that how Social Media is contributing in E-
Commence industrial growth in terms of Profit, Promotion, Profit, Reach,
Visibility & Network building · To identify the potential of Social Media
Marketing in India · To recommend the ways by which company can effectively
use the Social Media for Marketing their products.
RESEARCH METHODOLOGY: First I will review the existing literature
concerned with potential of social media as a marketing tool in business. Once I
am through with the subject I will have a better understanding of it. A thorough
research will be conducted among the executives in the company. The secondary
data collection method was used in this research. Secondary Data: The secondary
data will be collected through Internet contents, News Paper, Sales force report,
Blogs on social sales force, Research papers and PDF, Books, Journals etc. Sample
design The sample design includes the information about the sample i.e. the
respondents who the researcher assumed to be the true representative of the
universe. In case of this research study, the sample units were the people, with
different demographic profiles, who visit and are the members of one or more
social networking sites like facebook, Tweeter, Orkut, Linkedin, etc. The sample
size for this research study was 410 respondents. Although the researcher
approached more than 2000 individuals out of which almost 500 qualified to be the
target respondents. The copies of questionnaire were distributed to 500 respondents
who were the members of at least one social networking site. After going through
and screening the filled-up questionnaires, as many as 410 were found to be
complete in all respects and hence fit for analysis. The sample area for this study
was National Capital Region. The respondents were selected on the basis of simple
random sampling technique. Every effort was made to ensure that the sample is
true representative of the universe. All the respondents were approached in-person
for the collection of data.
QUESTIONNAIRE:
Q1. From how many periods you have been working in the E-Commerce sector?
Ans.45% respondents replied that they are working in the advertising sector from 1
to less than 2 years but 20% respondents replied that they are working in the
advertising sector from less than 1 year.
Q2. Do you use social media modes for marketing? Ans. 65-75% respondents
replied yes that they are using social media modes for marketing.
Q3. In the following which social site are you currently using for marketing? Ans.
57% respondents replied that they are currently using Facebook for advertising but
20% respondents replied that they are currently using My Space (Google) for
advertising.
Q4. In the following which social site are you currently using for marketing? Ans.
49% respondents are agreeing with this statement also 30% respondents are
Strongly agreed with this statement. Most interesting part is only 10-15% people
are not agree from this statement. Q5. ‘Social media is more effective in case of
increasing the sales level’ are you agree with this statement? 50% respondents are
agreeing with this statement but 12% respondents are neutral with this statement.
Q6. ‘Social media works to turn users into profits’ are you agree with this
statement? Ans. 24% respondents are strongly agreeing with this statement but
48% respondents are agreed with this statement.
DATA ANALYSIS AND INTERPRETATION
As consumers continue to perform more and more of their activities online, social
networking techniques, to include email marketing, have assumed an increasingly
important role in their daily lives. The sheer volume of using campaign through
email, Facebook, google AdWords & AdSense is useful for E-commerce industrial
growth and social media used as a marketing too in India. To manage this increase
in online activity, consumers are moving through their social media engine more
quickly, looking not only for the information and benefits but also for new updates,
profit, quality and easily available in services they need and want. Additionally, up
to 25% of the Indian population is accessing their social networking sites with
hand-held devices, not only for shopping or services but also for new updates on it.
So how do E-Commerce marketers break through the clutter to efficiently and
effectively improve results? The key to success in this complex environment is
using relevance-enhancing tactics. Here are 12 proven tactics that can help any
marketer advance the relevance of their social media marketing messages and
improve results. You will learn how to: Benefit from the impact that short-burst
and attractive communications are having on our society. Understand and use
subscriber behavior and engagement as the primary tool for deciding future social
media campaign messaging and offers. By analyzing the campaign results on the
basic of CTR, bounce rate, Likes, impressions, spend & earnings also by the
queries & feedbacks. Use Social media analyzing tools which is available for free.
Leverage the relationship that engagement and relevancy have on your sender
reputation and message delivery. Use visitor Website behavior and analytics to
improve message relevancy. Test to better control the impact of messaging on
future success. Develop content and subject lines that are more effective. Apply
social networking techniques to improve your company's relevance with social
media subscribers. Drive subscriber acquisition and optimize search. 47 Implement
best practices in creative design to be relevant on the small screens of mobile and
desktop devices. Implement segmentation tactics that drive both top and bottom
line results These 12 techniques can be implemented by entry level and advanced
marketers who want to improve social media marketing results by creating greater
engagement through relevance.
CONCLUSION & IMPLICATION
At the heart of any Business are Customers, and Social networking represents an
opportunity to build even more mutually rewarding and candid relationships with
those Customers. But for organizations to realize tangible business benefits, they
need to find better ways to plan, manage, and measure their social networking
efforts. Social media deals with engaging the customers & vendors and
maintaining a bridge between these two. With the advent of internet and ongoing
changes in Consumer Behavior, last decade has witnessed revolutionary growth in
E-Commerce and E Business in India because of significant use of Social media
marketing tools. Social marketing uses the benefits and of doing social good to
secure and maintain customer engagement. In social marketing the distinguishing
feature is therefore its "primary focus on social good, and it is not a secondary
outcome. Not all public sector and not-for-profit marketing is social marketing.
Increasingly, social marketing is being described as having "two parents"—a
"social parent" = social sciences and social policy, and a "marketing parent" =
commercial and public sector marketing approaches. Public sector bodies can use
standard marketing approaches to improve the promotion of their relevant services
and organizational aims. This can be very important, but should not be confused
with social marketing where the focus is on achieving specific behavioral goals
with specific audiences in relation to different topics relevant to social good (e.g.:
health, sustainability, recycling, etc.) There is no escaping social media these days,
either for individuals or for businesses. Today, it is impossible to separate social
media from the online world. The social media conversation is no longer
considered a Web 2.0 fad -- it is taking place in homes, small businesses and
corporate boardrooms, and extending its reach into the nonprofit, education and
health sectors. From feeling excitement, novelty, bewilderment, and overwhelmed,
a growing number of people now speak of social media as simply another channel
or tactic. Blogging can have a very positive effect on your Company’s branding
growth. As per the Hubspot report, Customers with blogs gathered 68% more leads
than customers without blogs. It is imperative to understand that today, social
media have exponential potential. They are part of an ever- growing online
network of people who discuss, comment, participate, share and create. Whether
you are an individual, a startup, small business or a large corporation, an online
presence and an ongoing conversation with your constituents is a baseline
requirement -- and
will take time and expertise. Companies are diverting resources and rethinking
their traditional outreach strategies. And as the social media wave dissipates into
the vast ocean of connected experiences, the term itself will become an entry in
dictionaries and encyclopedias and we will embark on a new era of knowledge,
accessibility and experiences unbound by distance, time or physical walls. It is
high time that every business adopts social media and takes it seriously.
SUGGESTIONS/ RECOMMENDATION
CONCLUSIONS