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Social Media and Its Impacts on Consumer Relationship Management: an Investigation of Product Recommendation: a Case Study of Nike and Facebook

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Social Media and its Impacts on Consumer Relationship Management: An Investigation of Product Recommendation: A Case Study of Nike and Facebook

Simon Karuku

Freelancers Union

Abstract

The purpose of the research was to define critically the efficiency of social media and the role it plays in impacting consumer relationship management. The study first looks at the works of many scholars in analyzing the effectiveness of social media over traditional media. Thereafter a critical analysis of the strategic differences between the two types of media with a greater emphasis on social media as a marketing tool.

Consumer relationship management entails the strategies, practices and technologies that have been used by different companies so as to analyze and manage data and consumer interactions throughout the lifecycle of the consumer. Its goal is to improve on business relationships that greatly exist with customers thus assisting the retention of the customers and also the driving sales of growth. Traditional media is also essential as it helps capture the advertisements and is able to reach millions of people within a span of time with no bias on the social economic status on the different people.

Social media is however more flexible than traditional media and is greatly used on a large scale purposes especially in marketing of products and the effective recommendation of different products to different consumers. The rise and shine of social media has been attributed by the advancement of technology all over the world. Research was carried out by survey method and Quantitative methods on several students in the University of Buckingham and the University of Portsmouth. The research was successful and the results were discussed effectively.

List of Tables and Figures

Figure 1 Procedure for Data

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