Student Perspectives of Social Media Brands: Facebook and Instagram : Factors Influencing Brand Success

University essay from Linnéuniversitetet/Institutionen för marknadsföring (MF)

Abstract: Branding is an influential aspect a company can have to gain the attention of their customers. It is often said that, “Your brand is your promise to your customer”, because the brand is a confirmation that the product or service you are selling matches the expectations of the customer and their wants or needs (Grosdidier, 2012). From a consumer perspective, branding helps direct customers in choosing what they want to buy (Tarnovskaya and Bertilsson, 2017). This way, they spend less time focusing on the type of product and its qualities, because they can instead look at the products they are already familiar with instantly and purchase with little processing time (ibid). Not all companies are successful with branding and even successful companies run into issues. Customers usually determine if they like or dislike a brand, which means a brands main purpose should be to make their customers happy. It is important for businesses to give their customers a promising message and stay consistent to their brand.  Facebook and Instagram are both influential brand names to the face of consumers in the area of social networking. Both companies have over a billion site visits per day and their consumer usage has rapidly grown since Facebook’s first opening in 2004 and the grand opening of Instagram in 2010. In 2012, Kevin Systrom sold Instagram to Facebook for $1 billion dollars. Since the sales, both companies now average around the same market share and took place for the largest social media sites with the highest number of users, now above competitors Snapchat and Twitter (Barr, 2018). The purpose of this research is to identify and describe key factors that has made Facebook and Instagram successful in the perspective of university students. In addition, the findings will aim to discover key factors of success in branding that continually influence them to use social media sites such as Facebook and Instagram daily.  Conclusions of the study were that Facebook and Instagram both have success factors that are the same and some factors that are different. Facebook and Instagram’s success factors based on the research include an easy to use platform and the ability to connect with friends and family. Instagram had a few other strong success factors including its visual display of pictures instead of word content and their smoothly designed mobile app. Facebook lacked in both of these areas that Instagram excelled in. This made Facebook the weaker social media site when compared with Instagram.

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