Description

Book Synopsis
An organization can have a high number of likes on its Facebook page and lots of followers on its Twitter account, but does that mean anything from a financial perspective? Is it worth the organization's effort to maintain an active presence on social media in order to generate more revenue? Is it possible to use social media metrics such as the number of likes and the number of followers to predict an organization's success even though those metrics are nonfinancial indicators? Prior research studies have looked at how organizations should utilize social media, but few studies have provided strong empirical evidence to support how the outcome of using social media should be measured and why. Focusing on Facebook, Twitter, Google+, and YouTube, this book examines how Fortune 500 companies use social media. Collected over a five-year period, the authors assess the companies' social media activities and their business performance data, such as stock return, total revenue, net income, and

Table of Contents
Contents: Research Background and Methodology – Twitter – Facebook – YouTube – Google+ – The Big Four – Research Implications.

Measuring the Impact of Social Media on Business

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    A Paperback by Cong Li, Don Stacks

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      Publisher: Peter Lang Publishing Inc
      Publication Date: 1/24/2015 12:07:00 AM
      ISBN13: 9781433125782, 978-1433125782
      ISBN10: 1433125781

      Description

      Book Synopsis
      An organization can have a high number of likes on its Facebook page and lots of followers on its Twitter account, but does that mean anything from a financial perspective? Is it worth the organization's effort to maintain an active presence on social media in order to generate more revenue? Is it possible to use social media metrics such as the number of likes and the number of followers to predict an organization's success even though those metrics are nonfinancial indicators? Prior research studies have looked at how organizations should utilize social media, but few studies have provided strong empirical evidence to support how the outcome of using social media should be measured and why. Focusing on Facebook, Twitter, Google+, and YouTube, this book examines how Fortune 500 companies use social media. Collected over a five-year period, the authors assess the companies' social media activities and their business performance data, such as stock return, total revenue, net income, and

      Table of Contents
      Contents: Research Background and Methodology – Twitter – Facebook – YouTube – Google+ – The Big Four – Research Implications.

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