Brand Mentions in Social Media as a Key Performance Indicator in the German Fast Moving Consumer Goods Industry

This research aims to explore correlations between consumer-generated social media activity and the level of sales of German brands from the fast moving consumer goods industry. In particular, the objective was to examine whether there is a correlation between the number of brand mentions in social...

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Bibliographic Details
Main Authors: Olga AZARKINA, Monyédodo KPOSSA, Erhard LICK
Format: Article
Language:English
Published: Dunarea de Jos University of Galati 2014-11-01
Series:Annals of Dunarea de Jos University. Fascicle I : Economics and Applied Informatics
Online Access:http://www.eia.feaa.ugal.ro/images/eia/2014_2/AzarkinaKpossaLick.pdf
Description
Summary:This research aims to explore correlations between consumer-generated social media activity and the level of sales of German brands from the fast moving consumer goods industry. In particular, the objective was to examine whether there is a correlation between the number of brand mentions in social media and the sales of these products. The results indicate that the number of brand mentions and sales correlate positively in relation to products from the food and beverages category while this is not the case with respect to the non-food product category. Hence, marketers need to promote consumer-generated social media activity particularly for food and beverages.
ISSN:1584-0409
1584-0409