2011
DOI: 10.5848/apbj.2011.00124
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The Importance of Database Marketing in Social Network Advertising

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Cited by 20 publications
(10 citation statements)
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“…between 2002 and 2013 increased by 22%. In 2010, companies spent about $62 billion on advertisements on social network sites (Gregurec, et al, 2011), which shows the growing importance of social media as a marketing channel (Hofmann et al, 2013).…”
Section: Facebook As a Marketing Toolmentioning
confidence: 99%
“…between 2002 and 2013 increased by 22%. In 2010, companies spent about $62 billion on advertisements on social network sites (Gregurec, et al, 2011), which shows the growing importance of social media as a marketing channel (Hofmann et al, 2013).…”
Section: Facebook As a Marketing Toolmentioning
confidence: 99%
“…The author found it difficult to apply the concept with respect to access of customer information, as well as the investment requirements for data warehouse development, and lack of specialized knowledge to take advantage of the available data. In such manner, Gregurec, Vraneevi & Dobrini (2011) investigated the importance of database marketing for firm advertisements on social networks. The study reveals that companies that use D1 seek to increase marketing productivity, develop customer relationships and gain competitive advantage.…”
Section: Contemporary Marketing Practicesmentioning
confidence: 99%
“…Main difficulties found in the application of database marketing: lack of data; poor accessibility to customer data; absence of data warehouses (to integrate different data sources in one place); lack of knowledge about the application of customer data; consumers who do not update their information. Gregurec, Vraneevi & Dobrini (2011) Companies use database marketing for three purposes: increase marketing productivity, develop customer relationships, and gain sustainable competitive advantage. Digital Marketing Day & Bens (2005) Managers see the internet from a positive outlook, since through digital marketing practices they can reduce service costs and allow companies to strengthen customer relationships.…”
Section: Focusmentioning
confidence: 99%
“…And during this period Meituan is able to keep performance continues to grow. [2] In addition, In addition, Meituan also wins half of the country by virtue of their own buying advantage into the take-away industry in the take-away market. What makes Meituan to stand out on many buy sites?…”
Section: Research Backgroundmentioning
confidence: 99%