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2017 Global Fashion Management Conference at Vienna Proceedings

2017 Global Fashion Management Conference at Vienna Proceedings: 79-80 (July 2017)
https://doi.org/10.15444/GFMC2017.02.01.01

SOCIAL MEDIA MARKETING AND CONSUMER-BASED BRAND


EQUITY: THE ROLE OF BRAND EXPERIENCE AMONG MILLENNIALS
IN ONLINE FASHION COMMUNITIES

Lamberto Zollo, University of Florence, Italy1)


Sukki Yoon, Bryant University, RI, USA 2)
Riccardo Rialti, University of Florence, Italy 3)
Cristiano Ciappei, University of Florence, Italy 4)

ABSTRACT

Social media are increasingly becoming a strategic vehicle of modern companies’


way of communicating and interacting with consumers. Actually, social media
marketing (SMM) has recently emerged as an effective two-way communication
channel able to provide the sharing and exchange of information, ideas, and user-
generated content in virtual environments. This is especially true for fashion brands,
which are progressively creating interactive platforms such as online brand
communities in order to enhance their consumer-based brand equity (CBE),
interpreted as the consumers’ assessment of a company brand image, identity, and
value. Scholars have widely analyzed the relationship between a company’s SMM
and brand equity, thus finding a direct positive impact of the five main constructs
depicting perceived SMM activities, namely entertainment, interaction, trendiness,
customization, and word of mouth, on CBE. Despite this relevant scholarly interest,
the consumer behavioral responses linking a company perceived SMM activities and
CBE have been largely neglected. Actually, consumers’ benefits from virtual
environments and online brand experience may represent significant elements
marketing strategists should focus on in order to enhance a company’s brand equity.
Building on the uses and gratifications theory and experiential marketing, we
develop a conceptual model that unpacks such linkages, by relating SMM activities,
perceived benefits of using social media, online brand experience, and CBE.
Specifically, we interpret SMM activities as significant brand-related stimuli able to
influence consumers’ cognitive, social interactive, personal interactive, and hedonic
benefits, which in turn influence consumers’ sensory, affective, behavioral, and
intellectual online experience. Moreover, we investigate the experiential responses
of consumers that mostly affect a company’s brand equity, which finally impacts on
consumers’ purchase intention of the fashion brand. The model is validated using
structural equation modeling (SEM) on a sample of real users of online brand
communities operating in the fashion industry. Our sample is composed of
Millennials, which currently represent the most influential grown-digital generation
of consumers. Overall, our findings shed light on consumers’ online behavioral and
experiential responses to a company’s perceived SMM activities, thus proposing
strategic implications for the management of brand online communities and

1)
[email protected]
2)
[email protected]
3)
[email protected]
4)
[email protected]

79
2017 Global Fashion Management Conference at Vienna Proceedings

suggesting interesting possibilities of future research on social media and fashion


consumers.

Keywords: perceived social media marketing activities, online benefits, brand


experience, brand equity, structural equation modeling

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