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UNIVERSITY OF NIVERSITY OF MASSACHUSETTS ASSACHUSETTS, A , AMHERST MHERST Isenberg School of Management Isenberg School of Management Market Research: Millennials & Social Media Andrew Nunes, Jerad Stahlinski and Brian Dragunas

Market Research: Millenials & Social Media

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This project was created in my Marketing Research class where we were instructed to use Qualtrics, and SPSS to formulate and present our results that we found using the software. It was a great learning experience, we found out a lot about how to word survey questions appropriately and how to extract data and interpret the results correctly.

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Page 1: Market Research: Millenials & Social Media

UUNIVERSITY OF NIVERSITY OF MMASSACHUSETTSASSACHUSETTS, A, AMHERST • MHERST • Isenberg School of Management Isenberg School of Management

Market Research: Millennials & Social Media

Andrew Nunes, Jerad Stahlinski and Brian Dragunas

Page 2: Market Research: Millenials & Social Media

UUNIVERSITY OF NIVERSITY OF MMASSACHUSETTSASSACHUSETTS, A, AMHERST • MHERST • Isenberg School of Management Isenberg School of Management 2

Presentation Outline Social Media Theme

Importance of data Qualitative Study

Research Question Methods Findings

Quantitative Study Hypotheses Results Statistical Tests

Page 3: Market Research: Millenials & Social Media

UUNIVERSITY OF NIVERSITY OF MMASSACHUSETTSASSACHUSETTS, A, AMHERST • MHERST • Isenberg School of Management Isenberg School of Management 3

Why Social Media? Beneficial in today's technological-age Millennials are predominant social

media users (pertains to us)

Page 4: Market Research: Millenials & Social Media

UUNIVERSITY OF NIVERSITY OF MMASSACHUSETTSASSACHUSETTS, A, AMHERST • MHERST • Isenberg School of Management Isenberg School of Management

Why Social Media? (cont) Marketers need to find new ways of marketing

to Millennials if traditional marketing is losing popularity

Secondary information is necessary

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Page 5: Market Research: Millenials & Social Media

UUNIVERSITY OF NIVERSITY OF MMASSACHUSETTSASSACHUSETTS, A, AMHERST • MHERST • Isenberg School of Management Isenberg School of Management

Research Topic"Why do Millennials engage with brands

on social media?"

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Page 6: Market Research: Millenials & Social Media

UUNIVERSITY OF NIVERSITY OF MMASSACHUSETTSASSACHUSETTS, A, AMHERST • MHERST • Isenberg School of Management Isenberg School of Management

Questions of Interest How has brand loyalty grown since/before social

media

What kinds of brands/products, do millennials feel most inclined to review or share content about

Which form of social media shows more brand awareness than the other

What kind of feelings/emotions trigger someone to post about brand awareness

Do similar groups follow similar brands i.e. demographics, and geographic

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Page 7: Market Research: Millenials & Social Media

UUNIVERSITY OF NIVERSITY OF MMASSACHUSETTSASSACHUSETTS, A, AMHERST • MHERST • Isenberg School of Management Isenberg School of Management

Additional Questions Do ads on social media, really contribute to

influencing brand loyalty, as well as “like-ads” that show you friends loyalty to the brand

What makes a customer so loyal, that they constantly want their friends to become part of that group as well. (brand peer pressure)

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Page 8: Market Research: Millenials & Social Media

UUNIVERSITY OF NIVERSITY OF MMASSACHUSETTSASSACHUSETTS, A, AMHERST • MHERST • Isenberg School of Management Isenberg School of Management

Qualitative Experiment Method

• Interviews were conducted by all 3 group members

• One-on-one free flowing interviews

• Average time was 30 minutes

• Field-type environment with 14 participants

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Page 9: Market Research: Millenials & Social Media

UUNIVERSITY OF NIVERSITY OF MMASSACHUSETTSASSACHUSETTS, A, AMHERST • MHERST • Isenberg School of Management Isenberg School of Management

Questions Asked1. How has brand loyalty grown since/before social media

2. What kinds of brands/products, do millennials feel most inclined to review or share content about

3. Which form of social media shows more brand awareness than the other

4. What kind of feelings/emotions trigger someone to post about brand awareness

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Page 10: Market Research: Millenials & Social Media

UUNIVERSITY OF NIVERSITY OF MMASSACHUSETTSASSACHUSETTS, A, AMHERST • MHERST • Isenberg School of Management Isenberg School of Management

Questions Asked5. Do similar groups follow similar brands i.e. demographics, and

geographic

6. Do ads on social media, really contribute to influencing brand loyalty, as well as “like-ads” that show you friends loyalty to the brand

7. What characteristics of a company or brand trigger an emotional attachment for a potential/current customer ex promo, actual product

8. What makes a customer so loyal, that they constantly want their friends to become part of that group as well. (brand peer pressure)

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Page 11: Market Research: Millenials & Social Media

UUNIVERSITY OF NIVERSITY OF MMASSACHUSETTSASSACHUSETTS, A, AMHERST • MHERST • Isenberg School of Management Isenberg School of Management

Preliminary Findings• Brand Loyalty- Majority of participants

believe brand loyalty has grown with social media

• Common Interests- School major and similar brands. Same sexes like similar brands

• Preferred Social Media Platform- 75% of participants preferred social media

• Emotional Connections- Extreme happiness and displeasure with products triggers individuals to post

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Page 12: Market Research: Millenials & Social Media

UUNIVERSITY OF NIVERSITY OF MMASSACHUSETTSASSACHUSETTS, A, AMHERST • MHERST • Isenberg School of Management Isenberg School of Management

Preliminary Findings (cont)

• Affective Advertising- Pay-per click advertisements seen as ineffective, "like-ads" more effective

• Influential Brand Characteristics- Trust, consumer-friendly, and community service

• Super Users- Post without being encouraged, only if they have personal connection

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Page 13: Market Research: Millenials & Social Media

UUNIVERSITY OF NIVERSITY OF MMASSACHUSETTSASSACHUSETTS, A, AMHERST • MHERST • Isenberg School of Management Isenberg School of Management

Nike "Influential" Example

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Page 14: Market Research: Millenials & Social Media

UUNIVERSITY OF NIVERSITY OF MMASSACHUSETTSASSACHUSETTS, A, AMHERST • MHERST • Isenberg School of Management Isenberg School of Management

Qualitative Study Surprises

• Incentiveso Personal connection to brands enforces

brand loyalty

• Either Extremeo Extreme connections to products makes

people more inclined to post

• Platform Choice-o Facebook was the dominating platform o Twitter predominantly used for voicing

opinion

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Page 15: Market Research: Millenials & Social Media

UUNIVERSITY OF NIVERSITY OF MMASSACHUSETTSASSACHUSETTS, A, AMHERST • MHERST • Isenberg School of Management Isenberg School of Management

Survey Hypotheses College students are more likely to post (via social

media) about a brand/product if she/he has either an extremely positive or negative experience

Users with more friends/followers post more often than those with fewer friends/followers

Women are more likely to post about clothing than men

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Page 16: Market Research: Millenials & Social Media

UUNIVERSITY OF NIVERSITY OF MMASSACHUSETTSASSACHUSETTS, A, AMHERST • MHERST • Isenberg School of Management Isenberg School of Management

Hypothesis 1"College students are more likely to post (via social media)

about a brand/product if she/he has either an extremely positive or negative experience.”

•Utilized scenario based survey question to determine likelihood to post o Extremely Positive Scenario (product exceeded expectations)o Average Scenario (products met expectations)o Extremely Negative Scenario (product failed to meet expectations)

•Post Hoc test conducted for comparing results

•Finding - People with a negative experience are more likely to post than those with an average one (f = 3.436; p-value = 0.36). No evidence to conclude the same for a positive experience.

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Page 17: Market Research: Millenials & Social Media

UUNIVERSITY OF NIVERSITY OF MMASSACHUSETTSASSACHUSETTS, A, AMHERST • MHERST • Isenberg School of Management Isenberg School of Management

Hypothesis 2“Users with more friends/followers post more often than those

with fewer friends/followers”

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• Chi square test used to determine significance

• We found that there is no significant relationship between number of friends and frequency of posts (chi square = 7.333; p-value = .197)

Page 18: Market Research: Millenials & Social Media

UUNIVERSITY OF NIVERSITY OF MMASSACHUSETTSASSACHUSETTS, A, AMHERST • MHERST • Isenberg School of Management Isenberg School of Management

Hypothesis 3"Women are more likely to post about clothing”

Independent t-test used to determine significance

We used an independent sample t-test to determine significance (t = -2.959; p-value = .032)

We also found that women were more likely to post about music (p-value = .012)

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Page 19: Market Research: Millenials & Social Media

UUNIVERSITY OF NIVERSITY OF MMASSACHUSETTSASSACHUSETTS, A, AMHERST • MHERST • Isenberg School of Management Isenberg School of Management

The End…

Questions?

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