A Perspective of Investment Relationship on Effects of Social Media Investment Outcomes

Author:

Radhika Modimpally1ORCID,Reddy P. Madhu Kumar1ORCID,Prasad V. S.2ORCID

Affiliation:

1. Raja Bahadur Venkata Rama Reddy Institute of Technology, Abids, Hyderabad, Telangana, India

2. Department of Business Management, K.L. Business School, Koneru Lakshmaiah Education Foundation (Deemed to be University), Vaddeswaram, Guntur District, Guntur, Andhra Pradesh, India

Abstract

The rise of social media has had an impact on conventional media since it has given individuals a platform to engage in marketing and investment activities. This article examines about the majority of firms use social media as a marketing tool genuinely aids in establishing and keeping relationships with investors. Currently, social media facilitates investors as well as companies an opportunity to establish relationships. Social media truly considered an investment in relationships, and by means of the execution of relationship quality, it is measured for how it influences behaviours such as fulfilment, word-of-mouth and trust. Both institutions and financial investors emphasize the effective use of social media marketing. Online survey mode was used to reach target group of respondents. Confirmatory factor analysis (CFA) was used to assess the reliability of each component using the Cronbach alpha test, correlation, KMO for the precision of the factor analysis and pivot of the Varimax, all of which were related to seven distinct parameters and 27 dimensions. Research results show that investors who follow a company on social media are more likely to be satisfied, to trust it and to want to recommend it to non-followers. Additionally, they perceive higher levels of commitment and excellence in relationships. Together, these results show that social media is likely to have an effect on crucial relationship marketing variables that lead to more relational clients.

Publisher

SAGE Publications

Subject

Business and International Management

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