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Eastern Communications announces holiday deals

Bounce back and spur productivity with Eastern Communications’ special limited-time offers, featuring its reliable Fiber1 and Internet Direct Service (IDS) connectivity solutions paired with exclusive promos and freebies for new subscribers.

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The holiday season is right around the corner and it is the busiest time for many enterprises, catching up with the demand of customers. While there have been ups and downs that helped strengthen various sectors, businesses have gradually returned to normalcy in their day-to-day operations.

With the steady demand for connectivity and ICT solutions in the new normal, premier telecommunications company Eastern Communications treats SMEs with its latest holiday deals to help them further emerge in the most anticipated season of the year.

Bounce back and spur productivity with Eastern Communications’ special limited-time offers, featuring its reliable Fiber1 and Internet Direct Service (IDS) connectivity solutions paired with exclusive promos and freebies for new subscribers.

Business Boosters

Recommended for retail and e-commerce start-ups and SMEs, Eastern Communications offers Business Boosters to new subscribers of the Eastern Fiber1 or IDS Select plan until December 31, 2022. Aside from the high-speed internet service, businesses are eligible for up to Php3,000 worth of Lazada Gift Cards. With these gift vouchers, you can now check out the business devices on your wish lists!

Festive Freebies

They say great things come in threes! For businesses in Metro Manila, new Eastern Fiber1 subscribers can choose this promo to receive exclusive freebies such as three months of free monthly service fee, a Microsoft Surface Laptop, and a Sophos Intercept X Endpoint Security License.

This promo is recommended for emerging companies that have plans for expansion. With integrated ZTNA and a world-class next-generation endpoint product, the free Sophos Intercept X Endpoint Security Solution is perfect for remote working setups. Don’t miss out on this exclusive holiday promo until December 31, 2022 only.

Empowering business to emerge from the pandemic, Eastern Communications has been reaching out to support SMEs throughout the year with its expansion efforts, promotions, and award-winning E-Huddle webinars, and aims to continue doing so in 2023.

For more information about Eastern Communications’ products and services as well as promos, visit www.eastern.com.ph/ or call 5300-7000 (Metro Manila) or 0919-081-7788 & 0917-300-7788 (Regional).

Tech & Innovation

Social media can be a lifesaver for international new ventures

Newly established international firms and start-ups with limited resources can effectively use social media to learn about their new foreign markets and customers in a fast and inexpensive way.

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The use of social media can be beneficial to international new ventures and help them to survive. This is according to a study – Early Internationalization in the Digital Context: A Capabilities-based Approachfrom the University of Vaasa, Finland, which also showed that newly established international firms and start-ups with limited resources can effectively use social media to learn about their new foreign markets and customers in a fast and inexpensive way.

For any international new venture, acquiring enough foreign market knowledge can be a matter of life and death. According to Emmanuel Kusi Appiah’s doctoral dissertation, an international new venture can use social media, and then employ ambidextrous learning in its knowledge development process. Ambidextrous learning means using two diverse ways of learning: exploratory learning and exploitative learning.

Exploratory learning helps the company to discover new threats and opportunities in its environment. Exploitative learning, on the other hand, utilises the current market information the firm already has.

“A company can use social media for exploitative learning, but also for exploratory learning to survive in foreign markets. The company can also switch between these two approaches,  according to the situation and company strategy. The use of social media has a positive impact on ambidextrous learning,” says Emmanuel Kusi Appiah.

Firms can benefit from social media platforms like LinkedIn and Facebook in their networking efforts. In addition, social media tools such as Buzzsumo, Tagboard and AgoraPulse can provide the necessary knowledge about customers, competitors, and existing and new markets, thereby reducing the difficulties a new firm would otherwise face in foreign markets. Acquiring knowledge is usually more difficult when a firm is new, especially if it is new and foreign.

Ambidextrous learning can help firms to combine new external knowledge with existing knowledge and prevent inefficiency and short-sightedness. It can also help firms to achieve a sustainable competitive advantage.

Emmanuel Kusi Appiah reminds us that applying ambidextrous learning is not straightforward. Entrepreneurs and companies that are planning to move into a new market internationally need to understand the drivers and mechanisms that support ambidexterity. The dissertation provides valuable information regarding this aspect.

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Tech & Innovation

Food advertisements on Twitch can lead to cravings, purchases

Fifteen percent of study participants reported experiencing cravings of products they saw advertised on Twitch, and 8% reported buying the advertised products.

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Food advertisements on social media are pervasive, but research has not yet comprehensively documented the effects of these ads on adolescents and young adults. A new study by researchers at Penn State and Dartmouth College found that advertisements on the social media platform Twitch can lead to cravings for and purchasing of nutrient-poor foods like candy and energy drinks among some adolescents and young adults.

Twitch is a streaming platform that allows viewers to have conversations while sharing a common video feed. It offers channels across a broad range of topics including travel, sports, food, art and music. But videogame play is the original — and by far most common — use of the platform.

The use of Twitch is growing rapidly, with over six billion hours of content viewed on the platform during the first three months of 2021. This represented a 97% increase over the same period in 2020.

“People can be baffled by Twitch, but anyone old enough to have played home videogames as a teenager likely had a similar experience,” said Travis Masterson, assistant professor of nutrition, Broadhurst Career Development Professor for the Study of Health Promotion and Disease Prevention, and co-author of the research. “You would go over to a friend’s house after school, or on Saturday morning, and if they were trying to get through a particularly tough part of a videogame, you might sit and watch them play. The videogame was an excuse for a conversation. This was certainly true for me. Twitch offers the same opportunity to hang out in a community with your friends, but now it is all online.

“Endorsement deals on Twitch can be worth many millions of dollars, and younger people — who are always attractive to advertisers — are moving their eyeballs away from television into these more interactive forms of entertainment, often to Twitch specifically,” added Masterson.

The researchers noted that, as the popularity of Twitch increased, advertising for nutrient-poor foods like candy and energy drinks became more common on the platform. The research team, which included Jennifer Emond, associate professor of biomedical data science and pediatrics at Dartmouth’s Geisel School of Medicine, and Catherine Pollack, Emond’s former graduate student, wanted to understand how advertising on Twitch affected the cravings and purchasing habits of viewers.

The team recruited 568 Twitch users through Reddit. Participants were predominantly male and either non-Hispanic White or Asian. Using three existing instruments for measuring food cravings, the researchers sought to understand whether they could predict which people were more susceptible to food advertising.  

In a publication in the journal Public Health Nutrition, the researchers demonstrated that some Twitch viewers are more likely than others to remember, crave and purchase brands that they see advertised on the streaming platform. The researchers also found that three questions from an instrument called the External Food Cue Responsiveness inventory could help identify members of this “highly susceptible” group. Highly susceptible viewers endorsed the statements, “I want food or drinks that I see others eating,” “I want to eat when people talk about food” and “I notice restaurant signs/logos.” 

Fifteen percent of study participants reported experiencing cravings of products they saw advertised on Twitch, and 8% reported buying the advertised products. Masterson said that the researchers were concerned that people who are highly susceptible to advertising and who spend multiple hours per day on Twitch could be prone to buying foods that undermine their health.

“In academic research, we are playing catch up with food advertisers,” Masterson explained. “Advertising is pervasive for a reason: It works, and companies understand how it works. People tend to understand that children are susceptible to advertising messages, but we often like to think that once we grow up and start making our own decisions, adults are immune to advertising’s power. But advertising didn’t grow to be a $100 billion-plus industry in the United States because it is ineffective. Advertising works on us, and on a subset of us, it is especially effective.”

Masterson added that academic researchers need to understand consumer behavior as well as advertisers, so that society can determine what advertising is or is not safe in different environments.

“This is a single study, and these results cannot be generalized to everyone, but the study still has broad implications,” said Masterson. “This research shows that some people are highly susceptible to advertising and that the External Food Cue Responsiveness inventory can help researchers identify those vulnerable people.

“I am a gamer. I am on Twitch and am part of these communities,” Masterson continued. “It bothers me when I am watching League of Legends, for example, and I see a branded candy ad in the middle of the game. It bothers me because I know that these ads affect people, including me. This work provides researchers with one tool for understanding who is most affected, and in the long run, that could promote greater health for gamers and everyone who is exposed to food advertising.”

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Strategies

Beyond likes, shares, and comments: How can brands use social media to stimulate both engagement and sales?

With more than three billion social media users worldwide, brands have long recognized the importance of establishing a strong social media presence.

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Researchers from Vrije Universiteit Amsterdam published a new article that examines the impact of owned social media on customer engagement and sales.

The study, appearing in Journal of Marketing, is titled “A Meta-Analysis of the Effects of Brand Owned Social Media on Social Media Engagement and Sales”, and is authored by Georgia Liadeli, Francesca Sotgiu, and Peeter W.J. Verlegh.

With more than three billion social media users worldwide, brands have long recognized the importance of establishing a strong social media presence. Recent surveys indicate that over 91% of firms will increase social media marketing budgets in the next three years and that 62% of consumers believe brands will succeed in the long run only if they have a strong social media presence.

The content that brands create and share through their social media channels is called “owned social media.” Liadeli says that “While brands are increasingly investing in owned social media, many are unsure about the overall return on their social media presence and ask how they can design more effective social media campaigns along the purchase funnel.” In other words, firms ask the following questions:

  1. How effective are owned social media and do they only drive engagement, or also sales?
  2. Can the content that generates social media engagement also be used to improve sales?
  3. Is a firm’s owned social media equally effective across settings? Is it more effective for hedonic brands than for functional brands?

This new study about the impact of owned social media on social media engagement and sales is based on a meta-analysis of 1,641 elasticities across 86 studies spanning from 2011 to 2021 that covers 31 industries, 14 platforms, and 17 countries. Sotgiu explains that “Contrary to managerial beliefs that owned social media are primarily an engagement tool, we observe a stronger impact of owned social media on sales. There may be many consumers who ‘like’ individual posts or take the time to leave a comment or share the post from their personal accounts, but brands may be underestimating the impact of their owned social media by focusing on such easy-to-measure metrics.”

To create engagement via social content, companies are often advised to include a question at the end of their posts or create a contest. “However,” says Verlegh, “our study shows that the most effective content to stimulate social media engagement is to focus on emotions, such as with funny or touching posts. But if the goal is to stimulate sales, social media content should focus on communicating information and product benefits and steer away from the emotional.”

The study provides the following guidelines for Chief Marketing Officers and social media managers:

  • Balance “what you say” and “how you say it” depending on the goal: Focus on the “how” to engage consumers with more emotional content and on the “what” to stimulate sales with more informational content (e.g., the hedonic brand Oreo recently boosted its sales using an informational post on Facebook about a recipe featuring its limited-edition red velvet flavor).
  • It is not necessary to always grow communities to reach as many consumers as possible. Owned social media are more effective for small brand communities with consumers valuing the intimacy of a small community with greater trust in the brand and its messages.
  • Social networks like Facebook and Instagram are better suited for stimulating social media engagement than microblogs such as Twitter. This suggests that tie strength and trust are more important than open access and wide dissemination.
  • The introduction of advertising on different platforms weakened the effect of owned social media on engagement. While advertising may amplify the reach and engagement of owned social media content, it can distract the audience and reduce its contribution.
  • It may be suboptimal for brands to use one social media strategy across different geographies, so managers should adapt strategies to account for differences in country characteristics. The increasing use of social media on smartphones amplifies the impact of owned social media on sales, and managers can expect stronger sales effects in countries with a greater mobile phone penetration. For countries with high power distance, owned social media exerts stronger effects on sales. High power distance is related to greater receptiveness of branded communications fulfilling materialistic and status needs.

Full article and author contact information available at https://doi.org/10.1177/00222429221123250.

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