Is Social Media making you waste money?

By Yao Yuxiang & Lídia Concustell

The fact that digital media culturally matters is undeniable but showing how, where, and why it matters is necessary to determine some global presumptions and implications. Ethnographic approaches allow us to study a culture, understanding culture as a broadened concept which includes any group or organization. Accordingly, we can analyze the culture of a defined cluster. In order to deepen on research methods, we want to identify how social media actually impacts on consumer behavior. The idea is to conduct various researches to differentiate the impact of social media on consumer behavior. I sincerely consider media have become central to the articulation of cherished beliefs, practices, and modes of being in the world.

In the interest of stablishing relationships between social media and consumer performance, we distinguish two clusters to be focused on. On one hand, first group refers to Elders, not very active on the social network. On the other hand, second group is referred to Millennials, totally exposed to trends on the social network. The intention is to recognize and categorize how the two groups react to tendencies, either online or offline tendencies, and how easily they decide to follow those trends.

In order to excavate on the issue, we started with the interview method to get a qualitative analysis. Among the participants, the social network usage varies from 20 minutes to 90 minutes. Regarding product advertisement, people did not distinguish significantly between social network marketing and world of mouth. Although few did follow social trends, in particular healthy trends, they are mostly familiar with tendencies. The one thing that we can really state is that individuals with high social media interaction are more able to be persuaded in buying a product or service either by a surrounding recommendation or personalized advertisement.

Advertisements

One thought on “Is Social Media making you waste money?

  1. I think social media is vastly shaping consumer behavior. Advertisements are so prevalent on Facebook. Ads on Facebook utilize one’s search history and show items previously in one’s shopping cart, which reinforces the idea of making that purchase. In addition, Siri can actually track your conversations, so creepily enough you can often see ads for things on social media after discussing them. In addition, Instagram influencers and public figures are tagging their clothes and food and putting direct shopping links in bios and captions. Hence, followers have direct access to make those same purchases. I am interested to see to what effect people actually make purchases based on ad exposure on Facebook and Instagram.

    Liked by 1 person

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s