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Author:Miller, K.D.
Fabian, F.
Lin, S-J.
Title:Strategies for online communities
Journal:Strategic Management Journal
2009 : MAR, VOL. 30:3, p. 305-322
Index terms:marketing
strategy
social marketing
demand
products
consumers
preferences
communication
theories
simulation models
Freeterms:target marketing
viral marketing
virtual communities
repositioning
Internet
WWW
Language:eng
Abstract:This study explores the firms' participation in online (here as: o-l.) communities as a means to enhance demand for their products. A simulation model is developed to illustrate how demand evolves as a function of interpersonal communication and a firm's chosen strategy. In this model, the firm's strategy involves allocating advocates promoting its product in o-l. communities. The results point to some key parameters informing firms' strategies when social learning processes shape demand.
SCIMA record nr: 270181
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