SOCIAL MEDIA MARKETING ACTIVITIES AND PURCHASE INTENTIONS: INVESTIGATING MEDIATING AND DIRECT EFFECTS REGARDING BRAND EQUITY DIMENSIONS
Yıl 2024,
Cilt: 17 Sayı: 3, 619 - 646, 26.09.2024
Cem Karayalçın
,
Eyyup Yaraş
Öz
The first aim of the study is to investigate the effect of social media marketing activities (SMMA) on brand equity dimensions, and the impact of brand equity dimensions on purchase intentions in one single conceptual framework. The second aim is to explore the mediating effects of brand equity dimensions regarding the effect of SMMA on purchase intentions. A dataset of 907 Turkish youth consumers were analyzed. The findings revealed the direct and mediating effects regarding all brand equity dimensions in the context of SMMA and purchase intentions. Brand loyalty and perceived quality are more important dimensions considering the strength of the effects. The study shows the importance of brand equity dimensions in the context of SMMA and purchase intentions with significant direct and mediating effects. Additionally findings of the study guides marketing managers to efficiently use SMMA and build brand equity, which eventually turns into future purchases of consumers.
Kaynakça
- Aaker, D. A. (1991). Managing Brand Equity: Capitalizing on the Value of a Brand Name. New York, NY: Free Press.
- Aaker, D. A. (1996a). Building Strong Brands. New York, NY: Free Press.
- Aaker, D. A. (1996b). Measuring brand equity across products and markets. California Management Review, 38(3), 102-120.
- Algharabat, R. S. (2017). Linking social media marketing activities with brand love: The mediating role of self-expressive brands. Kybernetes, 46(10), 1801-1819.
- Atilgan, E., Aksoy, S., & Akinci, S. (2005). Determinants of the brand equity: A verification approach in the beverage industry in Turkey. Marketing Intelligence & Planning, 23(3), 237-248.
- Aydın, G., & Ulengin, B. (2015). Effect of consumer-based brand equity on purchase intention: Considering socioeconomic status and gender as moderating effects. Journal of Euromarketing, 24, 107-119.
- Balakrishnan, B. K., Dahnil, M. I., & Yi, W. J. (2014). The impact of social media marketing medium toward purchase intention and brand loyalty among generation Y. Procedia – Social and Behavioral Sciences, 148, 177-185.
- Baycur, G., & Karaca, H. S. (2022). Reklamlardaki ünlülerden sosyal medyadaki fenomenlere: Influencer pazarlamasına bütüncül bir bakış. Pazarlama ve Pazarlama Araştırmaları Dergisi, 15(1), 271-320.
- Beukeboom, C. J., Kerkhof, P., & Vries, M. D. (2015). Does a virtual like cause actual liking? How following a brand’s facebook updates enhances brand evaluations and purchase intention. Journal of Interactive Marketing, 32, 26-36.
- Bil, E., İnal, M., & Özkaya, M. (2022). The impact of influencer’s perceived characteristics on consumers purchase behavior. Pazarlama ve Pazarlama Araştırmaları Dergisi, 15(1), 219-244.
- Bruhn, M., Schoenmueller, V., & Schafer, D. B. (2012). Are social media replacing traditional media in terms of brand equity creation?. Management Research Review, 35(9), 770-790.
- Buil, I., De Chernatony, L., & Martinez, E. (2008). A cross-national validation of the consumer-based brand equity scale. Journal of Product & Brand Management, 17(6), 384-392.
- Campbell, C., Ferraro, C., & Sands, S. (2014). Segmenting consumer reactions to social network marketing. European Journal of Marketing, 48(3-4), 432-452.
- Chakraborty, U. (2019). The impact of source credible online reviews on purchase intention: The mediating roles of brand equity dimensions. Journal of Research in Interactive Marketing, 13(2), 142-161.
- Chakraborty, U,. & Bhat, S. (2018). The effects of credible online reviews on brand equity dimensions and its consequence on consumer behavior. Journal of Promotion Management, 24(1), 57-82.
- Chen, C. -F., & Chang, Y.-Y. (2008). Airline brand equity, brand preference, and purchase intentions – The moderating effects of switching costs. Journal of Air Transport Management, 14, 40-42.
- Eysenck, M. W., & Keane, M. T. (2005). Cognitive Psychology: A Student’s Handbook. Hove: Psychology Press-Taylor & Francis e-Library.
- Farquhar, P. H. (1989). Managing brand equity. Marketing Research, 1, 24-33.
- Gambo, S., & Özad, B. (2021). The influence of uncertainty reduction strategy over social network sites preference. Journal of Theoretical and Applied Electronic Commerce Research, 16(2), 116-127.
- Godey, B., Manthiou, A., Pederzoli, D., Rokka, J., Aiello, G., Donvito, R., & Singh, R. (2016). Social media marketing efforts of luxury brands: Influence on brand equity and consumer behavior. Journal of Business Research, 69, 5833-5841.
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- Hutter, K., Hautz, J., Dennhardt, S., & Fuller, J. (2013). The impact of user interactions in social media on brand awareness and purchase intention: The case of mini on facebook. Journal of Product & Brand Management, 22(5-6), 342-351.
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- Ismail, A. R. (2017). The influence of perceived social media marketing activities on brand loyalty: The mediation effect of brand and value consciousness. Asia Pacific Journal of Marketing and Logistics, 29(1), 129-144.
- Jain, N. K., Kamboj, S., Kumar, V., & Rahman, Z. (2018). Examining consumer-brand relationships on social media platforms. Marketing Intelligence & Planning, 36(1), 63-78.
- Jalilvand, M. R., Samiei, N., & Mahdavinia, S. H. (2011). The effect of brand equity components on purchase intention: An application of Aaker’s model in the automobile industry. International Business and Management, 2(2), 149-158.
- Kang, M. Y., & Park, B. (2018). Sustainable corporate social media marketing based on message structural features: Firm size plays a significant role as a moderator. Sustainability, 10(4), 1-14.
- Kapferer, J. -N. (2008). The New Strategic Brand Management: Creating and Sustaining Brand Equity Long Term. London: Kogan Page.
- Kaplan, A. M., & Haenlein, M. (2010). Users of the world, unite! The challenges and opportunities of social media. Business Horizons, 53, 59-68.
- Keller, K. L. (1993). Conceptualizing, measuring, and managing customer-based brand equity. Journal of Marketing, 57(1), 1-22.
- Keller, K. L. (2013). Strategic Brand Management: Building, Measuring, and Managing Brand Equity, Global Edition. Harlow: Pearson Education Limited.
- Kim, A. J., & Ko, E. (2012). Do social media marketing activities enhance customer equity? An empirical study of luxury fashion brand. Journal of Business Research, 65, 1480-1486.
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- Kumar, V., Sharma, A., Shah, R., & Rajan, B. (2013). Establishing profitable customer loyalty for multinational companies in the emerging economies: A conceptual framework. Journal of International Marketing, 21(1), 57-80.
- Leong, S. M. (1993). Consumer decision making for common, repeat-purchase products: A dual replication. Journal of Consumer Psychology, 2(2), 193-208.
- Lin, Y. H., Lin, F. J., & Ryan, C. (2014). Tourists’ purchase intentions: impact of franchise brand awareness. The Service Industries Journal, 34(9), 811-827.
- Liu, M. T., Wong, I. A., Tseng, T. -H., Chang, A. W. -Y., & Phau, I. (2017). Applying consumer-based brand equity in luxury hotel branding. Journal of Business Research, 81, 192-202.
- Martins, J., Costa, C., Oliveira, T., Goncalves, R., & Branco, F. (2019). How smartphone advertising influences consumers’ purchase intention. Journal of Business Research, 94, 378-387.
- Mathur, M. (2018). Leveraging social media-based determinants to build customer-based brand equity of a retailer. The International Review of Retail, Distribution and Consumer Research, 28(5), 554-575.
- Miller, G. A. (1956). The magical number seven, plus or minus two: Some limits on our capacity for processing information. The Psychological Review, 63(2), 81-97.
- Mishra, A. S. (2019). Antecedents of consumers’ engagement with brand-related content on social media. Marketing Intelligence & Planning, 37(4), 386-400.
- Morra, M. C., Ceruti, F., Chierici, R., & Gregorio, A. D. (2018). Social vs traditional media communication: Brand origin associations strike a chord. Journal of Research in Interactive Marketing, 12(1), 2-21.
- Moslehpour, M., Ismail, T., Purba, B., & Wong, W.-K. (2022). What makes GO-JEK go in Indonesia? The influences of social media marketing activities on purchase intention. Journal of Theoretical and Applied Electronic Commerce Research, 17(1), 89-103.
- Muntinga, D. G., Moorman, M., & Smit, E. G. (2011). Introducing COBRAs. International Journal of Advertising, 30(1), 13-46.
- Narteh, B. (2018). Brand equity and financial performance: The moderating role of brand likeability. Marketing Intelligence & Planning, 36(3), 381-395.
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SOSYAL MEDYA PAZARLAMA ÇABALARI VE SATIN ALMA NİYETİ: MARKA DEĞERİ BOYUTLARI KAPSAMINDA ARACI VE DOĞRUDAN ETKİLERİN İNCELENMESİ
Yıl 2024,
Cilt: 17 Sayı: 3, 619 - 646, 26.09.2024
Cem Karayalçın
,
Eyyup Yaraş
Öz
Çalışmanın ilk amacı tek bir kavramsal model üzerinde sosyal medya pazarlama çabalarının (SMPÇ) marka değeri boyutları üzerine ve marka değeri boyutlarının satın alma niyeti üzerine olan etkisini incelemektir. İkinci amaç ise SMPÇ’nin satın alma niyetine olan etkisi bağlamında marka değeri boyutlarının aracı etkilerini araştırmaktır. Araştırmada veri seti olarak 907 Türk genç tüketici analiz edilmiştir. Bulgular SMPÇ ve satın alma niyeti bağlamında marka değeri boyutlarının doğrudan ve aracı etkilerini ortaya çıkarmıştır. Etkilerin gücü değerlendirildiğinde marka sadakati ve algılanan kalitenin daha önemli boyutlar olduğu gözlemlenmiştir. Çalışma, anlamlı doğrudan ve aracı etkiler ile SMPÇ ve satın alma niyeti bağlamında marka değeri boyutlarının önemini göstermiştir. Buna ek olarak araştırmanın bulguları SMPÇ’nin verimli bir şekilde kullanılarak marka değeri oluşturulmasında ve sonrasında tüketicilerin gelecek satın almalarına dönüşen bu süreçte pazarlama yöneticilerine de yol göstermektedir.
Kaynakça
- Aaker, D. A. (1991). Managing Brand Equity: Capitalizing on the Value of a Brand Name. New York, NY: Free Press.
- Aaker, D. A. (1996a). Building Strong Brands. New York, NY: Free Press.
- Aaker, D. A. (1996b). Measuring brand equity across products and markets. California Management Review, 38(3), 102-120.
- Algharabat, R. S. (2017). Linking social media marketing activities with brand love: The mediating role of self-expressive brands. Kybernetes, 46(10), 1801-1819.
- Atilgan, E., Aksoy, S., & Akinci, S. (2005). Determinants of the brand equity: A verification approach in the beverage industry in Turkey. Marketing Intelligence & Planning, 23(3), 237-248.
- Aydın, G., & Ulengin, B. (2015). Effect of consumer-based brand equity on purchase intention: Considering socioeconomic status and gender as moderating effects. Journal of Euromarketing, 24, 107-119.
- Balakrishnan, B. K., Dahnil, M. I., & Yi, W. J. (2014). The impact of social media marketing medium toward purchase intention and brand loyalty among generation Y. Procedia – Social and Behavioral Sciences, 148, 177-185.
- Baycur, G., & Karaca, H. S. (2022). Reklamlardaki ünlülerden sosyal medyadaki fenomenlere: Influencer pazarlamasına bütüncül bir bakış. Pazarlama ve Pazarlama Araştırmaları Dergisi, 15(1), 271-320.
- Beukeboom, C. J., Kerkhof, P., & Vries, M. D. (2015). Does a virtual like cause actual liking? How following a brand’s facebook updates enhances brand evaluations and purchase intention. Journal of Interactive Marketing, 32, 26-36.
- Bil, E., İnal, M., & Özkaya, M. (2022). The impact of influencer’s perceived characteristics on consumers purchase behavior. Pazarlama ve Pazarlama Araştırmaları Dergisi, 15(1), 219-244.
- Bruhn, M., Schoenmueller, V., & Schafer, D. B. (2012). Are social media replacing traditional media in terms of brand equity creation?. Management Research Review, 35(9), 770-790.
- Buil, I., De Chernatony, L., & Martinez, E. (2008). A cross-national validation of the consumer-based brand equity scale. Journal of Product & Brand Management, 17(6), 384-392.
- Campbell, C., Ferraro, C., & Sands, S. (2014). Segmenting consumer reactions to social network marketing. European Journal of Marketing, 48(3-4), 432-452.
- Chakraborty, U. (2019). The impact of source credible online reviews on purchase intention: The mediating roles of brand equity dimensions. Journal of Research in Interactive Marketing, 13(2), 142-161.
- Chakraborty, U,. & Bhat, S. (2018). The effects of credible online reviews on brand equity dimensions and its consequence on consumer behavior. Journal of Promotion Management, 24(1), 57-82.
- Chen, C. -F., & Chang, Y.-Y. (2008). Airline brand equity, brand preference, and purchase intentions – The moderating effects of switching costs. Journal of Air Transport Management, 14, 40-42.
- Eysenck, M. W., & Keane, M. T. (2005). Cognitive Psychology: A Student’s Handbook. Hove: Psychology Press-Taylor & Francis e-Library.
- Farquhar, P. H. (1989). Managing brand equity. Marketing Research, 1, 24-33.
- Gambo, S., & Özad, B. (2021). The influence of uncertainty reduction strategy over social network sites preference. Journal of Theoretical and Applied Electronic Commerce Research, 16(2), 116-127.
- Godey, B., Manthiou, A., Pederzoli, D., Rokka, J., Aiello, G., Donvito, R., & Singh, R. (2016). Social media marketing efforts of luxury brands: Influence on brand equity and consumer behavior. Journal of Business Research, 69, 5833-5841.
- Hair, J. F, Black, W.C., Babin, B. J., Anderson, R. E., & Tatham, R. L. (2006). Multivariate Data Analysis. New Jersey: Pearson Education, Inc.
- Hutter, K., Hautz, J., Dennhardt, S., & Fuller, J. (2013). The impact of user interactions in social media on brand awareness and purchase intention: The case of mini on facebook. Journal of Product & Brand Management, 22(5-6), 342-351.
- Ibrahim, B., & Aljarah, A. (2018). Dataset of relationships among social media marketing activities, brand loyalty, revisit intention. Evidence from the hospitality industry in Northern Cyprus. Data in Brief, 21, 1823-1828.
- Interbrand, (2024). Best global brands 2023. available at: https://interbrand.com/best-global-brands/ (accessed 16 July 2024).
- Ismail, A. R. (2017). The influence of perceived social media marketing activities on brand loyalty: The mediation effect of brand and value consciousness. Asia Pacific Journal of Marketing and Logistics, 29(1), 129-144.
- Jain, N. K., Kamboj, S., Kumar, V., & Rahman, Z. (2018). Examining consumer-brand relationships on social media platforms. Marketing Intelligence & Planning, 36(1), 63-78.
- Jalilvand, M. R., Samiei, N., & Mahdavinia, S. H. (2011). The effect of brand equity components on purchase intention: An application of Aaker’s model in the automobile industry. International Business and Management, 2(2), 149-158.
- Kang, M. Y., & Park, B. (2018). Sustainable corporate social media marketing based on message structural features: Firm size plays a significant role as a moderator. Sustainability, 10(4), 1-14.
- Kapferer, J. -N. (2008). The New Strategic Brand Management: Creating and Sustaining Brand Equity Long Term. London: Kogan Page.
- Kaplan, A. M., & Haenlein, M. (2010). Users of the world, unite! The challenges and opportunities of social media. Business Horizons, 53, 59-68.
- Keller, K. L. (1993). Conceptualizing, measuring, and managing customer-based brand equity. Journal of Marketing, 57(1), 1-22.
- Keller, K. L. (2013). Strategic Brand Management: Building, Measuring, and Managing Brand Equity, Global Edition. Harlow: Pearson Education Limited.
- Kim, A. J., & Ko, E. (2012). Do social media marketing activities enhance customer equity? An empirical study of luxury fashion brand. Journal of Business Research, 65, 1480-1486.
- Kim, H. -B., Kim, W. G., & An, J. A. (2003). The effect of consumer-based brand equity on firms’ financial performance. Journal of Consumer Marketing, 20(4), 335-351.
- Kumar, V., Sharma, A., Shah, R., & Rajan, B. (2013). Establishing profitable customer loyalty for multinational companies in the emerging economies: A conceptual framework. Journal of International Marketing, 21(1), 57-80.
- Leong, S. M. (1993). Consumer decision making for common, repeat-purchase products: A dual replication. Journal of Consumer Psychology, 2(2), 193-208.
- Lin, Y. H., Lin, F. J., & Ryan, C. (2014). Tourists’ purchase intentions: impact of franchise brand awareness. The Service Industries Journal, 34(9), 811-827.
- Liu, M. T., Wong, I. A., Tseng, T. -H., Chang, A. W. -Y., & Phau, I. (2017). Applying consumer-based brand equity in luxury hotel branding. Journal of Business Research, 81, 192-202.
- Martins, J., Costa, C., Oliveira, T., Goncalves, R., & Branco, F. (2019). How smartphone advertising influences consumers’ purchase intention. Journal of Business Research, 94, 378-387.
- Mathur, M. (2018). Leveraging social media-based determinants to build customer-based brand equity of a retailer. The International Review of Retail, Distribution and Consumer Research, 28(5), 554-575.
- Miller, G. A. (1956). The magical number seven, plus or minus two: Some limits on our capacity for processing information. The Psychological Review, 63(2), 81-97.
- Mishra, A. S. (2019). Antecedents of consumers’ engagement with brand-related content on social media. Marketing Intelligence & Planning, 37(4), 386-400.
- Morra, M. C., Ceruti, F., Chierici, R., & Gregorio, A. D. (2018). Social vs traditional media communication: Brand origin associations strike a chord. Journal of Research in Interactive Marketing, 12(1), 2-21.
- Moslehpour, M., Ismail, T., Purba, B., & Wong, W.-K. (2022). What makes GO-JEK go in Indonesia? The influences of social media marketing activities on purchase intention. Journal of Theoretical and Applied Electronic Commerce Research, 17(1), 89-103.
- Muntinga, D. G., Moorman, M., & Smit, E. G. (2011). Introducing COBRAs. International Journal of Advertising, 30(1), 13-46.
- Narteh, B. (2018). Brand equity and financial performance: The moderating role of brand likeability. Marketing Intelligence & Planning, 36(3), 381-395.
- Nayeem, T., Murshed, F., & Dwivedi, A. (2019). Brand experience and brand attitude: examining a credibility-based mechanism. Marketing Intelligence & Planning, 37(7), 821-836.
- Nunnally, J.C. (1978). Psychometric Theory. New York, NY: McGraw-Hill.
- O’Cass, A., & Lim, K. (2001). The influence of brand associations on brand preference and purchase intention: An Asian perspective on brand associations. Journal of International Consumer Marketing, 14(2/3), 41-71.
- Osei-Frimpong, K., Donkor, G., & Owusu-Frimpong, N. (2019). The impact of celebrity endorsement on consumer purchase intention: An emerging market perspective. Journal of Marketing Theory and Practice, 27(1), 103-121.
- Pappu, R., Quester, P. G., & Cooksey, R.W. (2005). Consumer-based brand equity: Improving the measurement – empirical evidence. Journal of Product & Brand Management, 14(3), 143-154.
- Poushneh, A., & Vasquez-Parraga, A. Z. (2019). Emotional bonds with technology: The impact of customer readiness on upgrade intention, brand loyalty, and affective commitment through mediation impact of customer value. Journal of Theoretical and Applied Electronic Commerce Research, 14(2), 90-105.
- Raji, R. A., Rashid, S., & Ishak, S. (2019). The mediating effect of brand image on the relationships between social media advertising content, sales promotion content and behaviuoral intention. Journal of Research in Interactive Marketing, 13(3), 302-330.
- Schivinski, B., & Dabrowski, D. (2015). The impact of brand communication on brand equity through facebook”, Journal of Research in Interactive Marketing. 9(1), 31-53.
- Seo, E. -J., & Park, J. -W. (2018). A study on the effects of social media marketing activities on brand equity and customer response in the airline industry. Journal of Air Transport Management, 66, 36-41.
- Shanahan, T., Tran, T. P., & Taylor, E. C. (2019). Getting to know you: Social media personalization as a means of enhancing brand loyalty and perceived quality. Journal of Retailing and Consumer Services, 47, 57-65.
- Simon, C. J., & Sullivan, M. W. (1993). The measurement and determinants of brand equity: A financial approach. Marketing Science, 12(1), 28-52.
- Statista, (2024). Number of internet and social media users worldwide as of January 2024. available at: https://www.statista.com/statistics/617136/digital-population-worldwide/ (accessed 7 March 2024).
- Stojanovic, I., Andreu, L., & Curras-Perez, R. (2018). Effects of the intensity of use of social media on brand equity: An empirical study in a tourist destination. European Journal of Management and Business Economics, 27(1), 83-100.
- Summerlin, R., & Powell, W. (2022). Effect of interactivity level and price on online purchase intention. Journal of Theoretical and Applied Electronic Commerce Research, 17(2), 652-668.
- Tabachnick, B. G., & Fidell, L. S. (2007). Using Multivariate Statistics. Boston: Pearson Education, Inc.
- Tellis, G. J. (1988). Advertising exposure, loyalty, and brand purchase: A two-stage model of choice. Journal of Marketing Research, 25, 134-144.
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