Buch
The Impact of Electronic Word-of-Mouth on Consumers and Firms
Simon Monske
Übersicht
Verlag | : | Olms, Georg |
Buchreihe | : | Wissenschaftliche Schriften der WWU Münster, Reihe IV: Wirtschaftswissenschaften (Bd. 14) |
Sprache | : | Englisch |
Erschienen | : | 11. 2022 |
Seiten | : | 300 |
Einband | : | Kartoniert |
Höhe | : | 210 mm |
Breite | : | 150 mm |
ISBN | : | 9783487163048 |
Sprache | : | Englisch |
Produktinformation
Simon Monske investigates the influence of electronic word of mouth (eWOM) on consumers' information search strategies and how companies can measure and strategically use e-WOM. Based on preliminary studies and an eye-tracking online experiment, the author empirically proves that consumers increasingly read opinions of other consumers at the beginning of the information search and evaluate product specifications before making a purchase decision. In addition, Simon Monske evaluates an extensive company survey and shows that German companies would gain a competitive advantage with a sound analysis of eWOM data. However, companies lack organisational processes for the strategic use of insights gained.