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Mobile targeting in industrial marketing: Connecting with the right businesses
Affiliation:1. School of Economics and Management, Southwest Jiaotong University, Chengdu, Sichuan 610031, China;2. Department of Marketing and International Business, Lingnan University, Hong Kong, SAR, PR China;3. Department of Computer Information and Decision Management, Paul and Virginia Engler College of Business, West Texas A&M University, 2501 4th Ave, Canyon, TX 79016, United States of America
Abstract:Although the existing literature has acknowledged the importance of mobile marketing, few scholars have examined the efficacy of mobile targeting. This paper contributes to the burgeoning literature on mobile targeting by investigating the effects of customer mobile habits and social capital on firm sales. Leveraging unique customer mobile browsing data from a major telecom service provider in China, we use a Bayesian SEM (structural equation modeling) approach to show that customer mobile habits and social capital exert significant influences on customers' purchase intentions. Specifically, customers who engage in more hedonic mobile behaviors, such as social networking, video browsing, and gaming are associated with a higher probability of purchasing, controlling for the usage of communications apps including messaging and emailing apps, and the usage of functional apps, such as maps, living services, and app market apps. Additionally, our research results reveal a significant positive effect of social capital on firms' sales performance. These findings offer important insights that are often missing from organizational targeting campaign designs in terms of targeting both the right customers and the right business alliance partners and enable a better understanding of managerial and decision-making implications in the context of the B2B market in general.
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