Do social media marketing activities enhance customer equity? An empirical study of luxury fashion brand
Angela J Kim, Eunju Ko
Social media
Marketing communication
Cosumer comunicantes without any restriction
Brands and costumers are working together
Social media Marketing
Has become necessary to analyze the effects that this has on these brands
Impact on brands reputation
SMM generates an interaction with customers through social networks
Gucci: created a multicultural social network
Burberry launched a social networking with a non commercial purpose; what would later fall on sales increase
Dolce & Gabbana, invites fashion bloggers to their fashion shows, these instantly generates communication with fans of the brand
Equity
Value equity: utility of brans, quality, price
Relationship equity: objective and subjective evaluation of brand
Brand equity: subjective and intangible evaluation of the brand over its value
Purchase intention
Hypotesis
Marketing:
Marketing Strategy: increase sales and profitability
is and investment that improves customer
communication inform customers
Digital IQ Ranking
Brand presence and visibility
following content and influence on major social platforms
compatibility and marketing on different devices
Measures
perceived activities on brands social media
90% of Luxury brands are on Facebook
48% are on Twitter
Conclusions
SMM activities perceived by consumers were efficacious
SMM activities are influential to all customer equity
SMM contribute as an effective marketing communication methods