A Comparative Study of Social Media Marketing and Conventional Marketing – A Case Study

Q4 Economics, Econometrics and Finance African Journal of Business and Economic Research Pub Date : 2022-09-06 DOI:10.31920/1750-4562/2022/v17n3a8
Ankit Katrodia
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Abstract

There has been an increase in the number of organisations using social media for marketing purposes, consistent with the popularity of social media for personal and corporate use. Consequently, organisations find it easy and convenient to use social media for marketing purposes. The study was in response to two problems. First, organisations now need to prioritise resources when it comes to marketing, but the returns from social media are unknown. Secondly, the impact of other marketing channels has rarely been evaluated. This study compared the usage of competing marketing channels to determine the one that is worth pursuing for an organisation if prioritisation is to be done. A case study approach was used, focusing on the XYZ Private Limited Company in South Africa. The quantitative research design was adopted as the strategy of inquiry, making use of closed questions in a questionnaire survey. Results indicated that, despite the growing prevalence of social media marketing, with Facebook and LinkedIn dominating the marketing, there was also a strong dependence on conventional marketing channels such as newspapers, magazines and direct mail by XYZ Private Limited. A multipronged approach remains key in marketing to enable reaching out to a diversity of clients but, if resources are limited, social media channels have proven to be cheaper in reaching out to young clients.
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社交媒体营销与传统营销的比较研究——一个案例
使用社交媒体进行营销的组织数量有所增加,这与个人和企业使用社交媒体的流行相一致。因此,组织发现将社交媒体用于营销目的既简单又方便。这项研究针对两个问题。首先,组织现在需要在营销方面优先考虑资源,但社交媒体的回报是未知的。其次,其他营销渠道的影响很少得到评估。这项研究比较了竞争营销渠道的使用情况,以确定如果要进行优先排序,组织值得追求的营销渠道。采用案例研究方法,重点关注南非的XYZ私人有限公司。采用定量研究设计作为调查策略,利用封闭式问题进行问卷调查。结果表明,尽管社交媒体营销越来越普遍,Facebook和LinkedIn在营销中占据主导地位,但人们也强烈依赖传统的营销渠道,如报纸、杂志和XYZ私人有限公司的直邮。多管齐下的方法仍然是营销的关键,可以接触到各种各样的客户,但如果资源有限,社交媒体渠道在接触年轻客户方面会更便宜。
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来源期刊
African Journal of Business and Economic Research
African Journal of Business and Economic Research Business, Management and Accounting-Business and International Management
CiteScore
0.80
自引率
0.00%
发文量
33
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