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Word of Mouth and Its Impact on Marketing

Title: Word of Mouth and Its Impact on Marketing

Essay , 2013 , 7 Pages , Grade: 17

Autor:in: Fatima Naz (Author), Ayesha Tariq (Author)

Communications - Public Relations, Advertising, Marketing, Social Media
Excerpt & Details   Look inside the ebook
Summary Excerpt Details

In view of growing of the internet users for e-commerce and taking into account the emergent impact of word of mouth phenomenon this research have different aims. The aims of this study was built following dissimilar discussion with teachers and colleagues enlightening that word of mouth information for online purchasing do not have the same effect for everybody. Then they were born following dissimilar researchers together with what was already done in previous researches and what was completed.
As a result different aims were drawn; the initial aim of this research is to study the attention of the customers in word of mouth to power their online purchasing activities. The next aim is to analyze the people influenced by interest of word of mouth. The following aim is to examine the marketing behavior bearing in mind the internet progress and word of mouth, their consideration for word of mouth marketing.
In the form of research questions the aims of study are:
How community utilizes and multiplies word of mouth information about online purchasing experience?
How communities perceive word of mouth marketing?
How marketers take word of mouth phenomenon and how they handle it?

Excerpt


Table of Contents

1. Introduction

2. Literature review and hypothesis development

3. Methodology

3.1 Research design

3.2 Population and sampling

3.3 Data collection

3.4 Procedures

4.Conclusion

Research Objectives and Themes

This research aims to analyze the influence of word-of-mouth (WOM) communication on customer purchasing behavior within the context of e-commerce. The study explores how online communities perceive and utilize WOM information and investigates how marketers integrate this phenomenon into their strategic frameworks.

  • Impact of online word-of-mouth on consumer purchasing decisions.
  • Role of social media and online communities in information exchange.
  • Marketing strategies for managing electronic word-of-mouth (eWOM).
  • Relationship between consumer belief, self-expression, and brand engagement.
  • Evaluation of customer attitudes toward online marketing channels.

Excerpt from the Book

1. Introduction:

Exact from the start, humans have constantly communicated with each other, sharing and talking about everything, everywhere any time. In this mode, it is really easy to share point of views, experiences, disagreements, or constant advices and to build up informal communications. Therefore, people can easily explain their last experience without any trouble and give their experience about the product, the website, the eminence of the service etc. The past thirty years have seen the fast progress of the Internet and the different way to communicate with each other building sharing of information easier and more efficient.

Within a high-speed moving globe and in our modern customer society, where everything is altering rapidly, where products and services are fast becoming out of date, and where firms suggest to the customers an ever more diverse collection of products and services, customers need to face the brutal competition that engages companies to magnetize customers. Consumer buying behavior is becoming more observant what they buy. (Lange& Elliot, 2012). Even if most of the time they will license the cheapest ones with the top quality, it is not actually simple to be sure that it is the good one. People gather concerning information and opinions about product from people before purchasing. (Attia et al, 2012)

‘’Word-of-mouth is defined as any positive or negative statement made by customers experiences about a product or company, which is made available to a mass of people and institutions using the Internet (Hennig- et .al. 2004). Word of Mouth (WOM) can also be clear as the method of communication between two noncommercial people and without benefit in the business they are talking about (Taylor et. al, 2012)

Summary of Chapters

1. Introduction: This chapter provides an overview of the human history of communication and explains how the internet has transformed word-of-mouth into a critical factor for modern marketing and consumer purchasing behavior.

2. Literature review and hypothesis development: The chapter explores existing research on how consumer decisions are influenced by peer recommendations and introduces five specific hypotheses regarding the impact of WOM on marketing engagement and purchasing decisions.

3. Methodology: This section details the descriptive research design, the stratified sampling method applied to 150 respondents, and the combined use of quantitative questionnaires and qualitative interviews for data collection.

4.Conclusion: The conclusion summarizes how social media and online reviews enable marketers to track consumer feedback and emphasize the necessity of improving product quality to foster customer loyalty.

Keywords

Belief, Power, Inspiration, Self expression, Positive attitude to online marketing, Forwarding of contents, Purchasing decision, Standard marketing, e-commerce, electronic word-of-mouth, eWOM, social media, consumer behavior, online communities, marketing strategy.

Frequently Asked Questions

What is the core subject of this paper?

The paper examines the phenomenon of "word-of-mouth" (WOM) and its significant impact on marketing strategies and consumer purchasing behavior in the digital age.

What are the central themes discussed in the work?

The central themes include the evolution of communication through the internet, the role of social networks in shaping consumer opinions, and the influence of electronic word-of-mouth (eWOM) on brand perception.

What is the primary research objective?

The primary objective is to study customer attention to WOM, analyze the demographics influenced by such information, and examine how marketing behaviors must adapt to the prevalence of online discussions.

Which scientific methodology does the paper employ?

The paper uses a descriptive research design, utilizing a mix of quantitative (structured questionnaires) and qualitative (unstructured interviews) methods to gather data from 150 respondents.

What is covered in the main body of the work?

The main body covers the theoretical foundations of WOM through a literature review, the proposal of specific hypotheses regarding consumer engagement, and the procedural framework for conducting the empirical study.

Which keywords define this research?

Key terms include Belief, Power, Inspiration, Self-expression, eWOM, Purchasing decision, Social media, and Online marketing.

How do the authors define "Word of Mouth" in the digital context?

The authors define it as any positive or negative statement made by customers regarding products or companies, shared via the internet to a mass audience or institutions.

How does the paper differentiate between traditional WOM and eWOM?

The paper highlights that while traditional WOM relies on face-to-face communication, eWOM utilizes internet technologies such as blogs, forums, and social media to reach a much wider and more instantaneous audience.

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Details

Title
Word of Mouth and Its Impact on Marketing
Course
business
Grade
17
Authors
Fatima Naz (Author), Ayesha Tariq (Author)
Publication Year
2013
Pages
7
Catalog Number
V264435
ISBN (eBook)
9783656538738
ISBN (Book)
9783656575061
Language
English
Tags
word mouth impact marketing
Product Safety
GRIN Publishing GmbH
Quote paper
Fatima Naz (Author), Ayesha Tariq (Author), 2013, Word of Mouth and Its Impact on Marketing, Munich, GRIN Verlag, https://www.grin.com/document/264435
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