The intersection of social media and customer retention in the luxury beauty industry

Debates regarding the ontological relationship between social media and customer retention have attracted considerable attention, particularly in the luxury beauty industry. The use of Social Media in the luxury beauty industry has caused many heated debates as it is seen as a form of interference i...

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Bibliographic Details
Main Authors: Stokinger, Ellen, Ozuem, Wilson
Other Authors: Goyal, Reshu
Format: Book Section
Published: IGI Global 2018
Subjects:
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author Stokinger, Ellen
Ozuem, Wilson
author2 Goyal, Reshu
author_facet Goyal, Reshu
Stokinger, Ellen
Ozuem, Wilson
author_sort Stokinger, Ellen
collection LMU
description Debates regarding the ontological relationship between social media and customer retention have attracted considerable attention, particularly in the luxury beauty industry. The use of Social Media in the luxury beauty industry has caused many heated debates as it is seen as a form of interference in the exclusivity of luxury brands by limiting the physical and sensual contact between brand and customer. The purpose of this chapter is to provide some insights into how social media impacts on the cosmetics industry. Further, we provide evidence that the effective application of social media in the luxury beauty industry could lead to wider market share, and customer retention. The chapter concludes with some strategies that practitioners and researchers can adopt to develop effective marketing communication strategies, using social media platforms.
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spelling oai:repository.londonmet.ac.uk:46872020-07-06T11:35:07Z http://repository.londonmet.ac.uk/4687/ The intersection of social media and customer retention in the luxury beauty industry Stokinger, Ellen Ozuem, Wilson 300 Social sciences 330 Economics Debates regarding the ontological relationship between social media and customer retention have attracted considerable attention, particularly in the luxury beauty industry. The use of Social Media in the luxury beauty industry has caused many heated debates as it is seen as a form of interference in the exclusivity of luxury brands by limiting the physical and sensual contact between brand and customer. The purpose of this chapter is to provide some insights into how social media impacts on the cosmetics industry. Further, we provide evidence that the effective application of social media in the luxury beauty industry could lead to wider market share, and customer retention. The chapter concludes with some strategies that practitioners and researchers can adopt to develop effective marketing communication strategies, using social media platforms. IGI Global Goyal, Reshu Dhyani, Praveen Rishi, Om Prakash 2018 Book Section PeerReviewed Stokinger, Ellen and Ozuem, Wilson (2018) The intersection of social media and customer retention in the luxury beauty industry. In: Marketing and social media. IGI Global, Hershey, Pennsylvania, pp. 1234-1257. ISBN 978-1-5225-5637-4 10.4018/978-1-5225-5637-4.ch058
spellingShingle 300 Social sciences
330 Economics
Stokinger, Ellen
Ozuem, Wilson
The intersection of social media and customer retention in the luxury beauty industry
title The intersection of social media and customer retention in the luxury beauty industry
title_full The intersection of social media and customer retention in the luxury beauty industry
title_fullStr The intersection of social media and customer retention in the luxury beauty industry
title_full_unstemmed The intersection of social media and customer retention in the luxury beauty industry
title_short The intersection of social media and customer retention in the luxury beauty industry
title_sort intersection of social media and customer retention in the luxury beauty industry
topic 300 Social sciences
330 Economics
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