brand success How Social Media Builds Community Caroline Duley COM313 | Dr. Gournelos April 28, 2015 background Bloomingdale’s is one of the most recognizable specialty retail brands in the world, from women’s, men’s and children’s clothing, to home goods • Bloomingdale’s differentiates themselves through marketing such as, • Bloomingdale’s fallsstrategies, utilizes into social an interesting media as“100 niche an as percent campaign outlet a “middle forBloomie's” these child”marketing in the fashion strategies industry to create a• sense of community Emphasizes diversity Sears, and creates high-end Below: J.C. Penney, Macy’s, Target luxury • • feel (Luxury 2014).with 2-Way Communication customers Above: SaksDaily, Fifth Avenue, Neiman Marcus, “Our customers are boutique looking for a product that is Barney’s Newcommunication York, stores Symmetrical a unique or limited distribution product.” – Executive V.P. of Marketing at Bloomingdale’s literature review Scholars of marketing and branding suggest that social media is a necessary component to create the sense of community that builds a successful retail brand; however, traditional marketing cannot be abandoned Three themes throughout these five scholarly sources •• Electronic Word-of-Mouth (EWOM) Media Awareness • Social Integration of Increases TraditionalBrand Branding and Social Media “social media has boosted interest in WOM and viral “social media is nowbranding viewed as anlead opportunity toconsumer improve “strong [traditional] can to strong marketing among luxury brands…when WOM travels on the customer relationships and to ultimately capture a larger interest media” (Komaromi, 2011). Internet,initsocial can be viral and most powerful” (Mohr, 2014). audience” (Mohr, 2014). •• “both traditional communications and social media “motivations of communicators and receivers in eWOM • “many companies have utilized social media marketing as communications havenot a significant impactthose on brand communication may be commercial, activities a new channel to reach their consumers” (Rumman, 2014). equity” (Bruhn,names 2012). often contain of brands/products/venues, and therefore they are likely to affect the perception of commercial entities or their products” (Wolny, 2013). • •• method one | sample | results Through a content analysis of its social media (Facebook, Twitter, Instagram, Pinterest), we can see that Bloomingdale’s is, in fact, interacting with customers and, therefore, increasing awareness, involvement and engagement November 2014 – February 2015 | 6 posts from each platform a month Facebook (24), Twitter (24), Instagram (24), Pinterest (24) Coded Themes • Demographic • Tone • Content • Sales vs. Community • Social Media automatically connects with younger generation, but marketing to younger generation is not “over-the-top” • “Fashion humor”, Light-hearted and Happy • Indirect marketing • No direct selling – Focus is on Bloomingdale’s community method two | sample | results However, in-depth interviews with an older generation whom still identify as a Bloomingdale’s customer suggest that a combination of both traditional media and social media is necessary to fulfill a sense of community with both older and younger generations In-depth Interviews with three women whom feel apart of Bloomingdale’s community Mid 20s | Mid 50s | Bloomingdale’s employee Coded Themes • Generational Gap • All women recognized the generational gap in social media • Community (online & offline) • • Online, new marketing is used to create a broader and younger audience Offline, traditional marketing is needed for the original and older Bloomingdale’s audience discussion Traditional marketing methods are still needed to retain brand strength, while social media has created a “Bloomingdale’s Culture” for a younger audience • Social media allows Bloomingdale’s to connect with a newer, larger and younger audience • Traditional, face-to-face communication is still needed to retain the original, older audience and maintain loyalty “New innovative incorporate social “Skillfully integratingbusiness media tomodels delivermust coherent marketing media to allow firms to build strong customer relationships and messages, reach diverse audiences, and build a strong brand encourage loyalty, and withincludes customers through new image [is necessary]. This interact integration traditional channels, or revenue models” (Mohr, 2013). advertising andformats, social media campaigns” (Komaromi, 2011). references • Mohr, Iris. 2013. “The Impact of Social Media on the Fashion Industry” Journal of Applied Business and Economics. Vol. 15(2)17-22. • Komaromi, Kurt. 2011. “Using Social Media to Build Community” Competition Forum. Vol. 9(2) 325-333. • Bruhn, Manfred. 2012. “Are Social Media replacing Traditional Media in terms of Brand Equity Creation?” Management Research Review. Vol. 35(9) 770-790. • Wolny, Julia. 2013. “Analysis of Fashion Consumers’ Motives to Engage in Electronic Word-of-Mouth Communication through Social Media Platforms” Journal of Marketing Management. Vol. 29(5) 562-583. • Rumman, As’ad. 2014. “The Impact of Social Media Marketing on Brand Equity” Society of Interdisciplinary Business Research. Vol. 3(1) 315-326.