Page 209 - MARSIUM'21 COMP OF PAPER
P. 209

drive brand equity of electronic component retailers. From the findings, this study proposed and implemented the marketing
               strategies that could increase the brand equity of Top One Technology Sdn. Bhd.


               1.2 RESEARCH OBJECTIVES

               This study listed three main research objectives:

               RO1: To identify the factors that drive the brand equity of electronic component retailers.
               RO2: To implement marketing strategies that could increase the brand equity of Top One Technology Sdn. Bhd.
               RO3: To examine the best implemented marketing strategies that could increase the brand equity of Top One Technology
                    Sdn. Bhd.

               ⬛ 2.0 LITERATURE REVIEW


               2.1 SOCIAL MEDIA BRAND COMMUNICATION


                       The Internet is evolved from a military-only network (Naughton, 2016) to its present position as one of the developed
               world's primary sources of information and communication. The Internet's presence and Web 2.0 innovation have altered how
               people live and interact (Curran et al., 2012). Web 2.0 or collaborative web are often used interchangeably with social media
               (Berthon et al., 2012). Social media has become embedded in people's daily lives as a means of communication, information
               exchange, and content creation (Khalid, 2016). The term "social media" refers to a virtual network where people may express
               themselves, share ideas, and regulate communications from any location (Jha, 2019). Furthermore, from a business perspective,
               social media is often used as a marketing and sales tool (Royle & Laing, 2014). Two common characteristics contribute to the
               definition of social media. First, social media platforms need involvement. Second, social media require interaction (Jimmie,
               2014). Social media contributes to increased sales, customer engagement in the brand creation process, brand recognition,
               favorable brand connotations, and consumer loyalty (Fournier & Avery, 2011). According to Rudloff and Frey (2010), users
               place  a  higher  weight  on  social  media  recommendations  than  business advertisements.  As  a  result,  marketers  have  now
               embraced social media as a very effective marketing tool (Appel et al., 2020). Therefore, to assess the effect of social media
               brand  communications,  it  is  essential  to  differentiate  between  two types: (1) firm-created communications and (2) user-
               generated communications (Godes & Mayzlin, 2009).

                  2.1.1 User-generated content (UGC)
                         User-generated content (UGC) is any digital material produced and shared freely by users of different social
                  media platforms or websites in the form of videos, images, blogs, tweets, and articles (Naem & Okafor, 2019). UGC is
                  often referred to as electronic word–of–mouth (e-WOM), functions identically to traditional word–of–mouth (WOM)
                  (Manap & Adzharudin, 2013).  UGC on social media platforms and search engines significantly impact consumers' online
                  purchases (Ghose et al., 2012). For instance, Stephen and Galak (2012) found that certain social interactions on social
                  media platforms, such as referring friends features and debates in online forums, may benefit critical marketing outcomes
                  including new customer acquisition and sales. According to Sethna et al. (2017), UGC is useful for business because it
                  enhances brand awareness, broadens market reach, and gains customer insight. As highlighted by Sulianta and Sapriya
                  (2019),  the  benefits  of  the  UGC  platform  include  business-oriented  advertising,  community  engagement,  valuable
                  information from users, constant accessibility, and active interaction between viewers, which has made it as an outstanding
                  information tool  feature. Studies such as Müller and Christandl (2019) reported the content  influence on the content
                  response of sponsored and user-generated content. Besides, Crowston and Fagnot (2018) highlighted the user's motivation
                  to participate in user-generated content.

                  2.1.2 Firm-created content (FCC)
                         Firm-created content (FCC) is defined as content produced by marketers for official brand pages on social media
                  platforms (Colicev et al., 2019). Recent research has shown that  the connection between social media and business success
                  is mainly due to its impact on customer attitudes and behaviour (Hewett et al., 2016). According to Kumar et al. (2015),
                  FCC  has  a  more  significant  effect  on  consumers  who have  remained  with  a business  for  an  extended period  and on
                  customers who are tech-savvy and active on social media. Several studies have proven that FCC has a significant impact
                  on the engagement and interactions of users (Hernández-Ortega et al., 2020; Huertas & Marine-Roig, 2016; Pletikosa
                  Cvijikj & Michahelles, 2013). According to Yilmaz and Tuncel (2020), FCC is beneficial for businesses to  attract  and
                  engage customers by producing compelling content on their social media platforms. Meanwhile, Nisar et al. (2020) found
                  that FCC is useful to improve firm reputation through information diversity toward users and valence.


                                                                                                                 187
   204   205   206   207   208   209   210   211   212   213   214