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How does online celebrities’ selfmarketing through social media at the digital economy? Yiheng Li (meadow) Student ID: 28256786 Background digital economy bring social and technology transformation: • After Financial crisis of 2008,the real economy marketing has affected huge challenge. • In the US, more than 3.6 million jobs are created because of the Internet • A part of young people has online stores in websites to achieve entrepreneurial dreams. • IT makes many new ways of doing to become possible and reduce dramatically cost In digital economy, social media: • Social media make many new ways of doing to become possible and reduce dramatically cost • Technological transformation pushing social media converge a great number of functions • Social transformation: social media are communication and gaining information tool. (Online celebrity culture) “digital economy” & “creative industry” Digital economy: • The “digital economy” is a relatively new concept in policymaking replacing terms such as “e-economy" (1980s), "new economy" (1990s), or "network economy" and “Internet economy” (2000s). Although there is no single definition of digital economy, there is general agreement on certain fundamental principles. • The basic idea of the digital economy is that the manufacturing of products, services, lifelong learning and innovation are made possible by modern technology support transmission and processing in the context of market globalization and sustainable development (Ciocoiu, 2011) creative industry: • those industries that are based on individual creativity, skill and talent with the potential to create wealth and jobs through developing intellectual property’ (Department of Culture, Media and Sport, 1998 and 2001) • The Unit’s original brief was for all industries based on creativity that generated or dealt in intellectual property (IP); but it quickly narrowed the range to those industries that had an artistic or cultural bent, with a dash of computer electronics, and limited the IP to copyright, downplaying patents, trademarks and designs. (Hartley, 2005). Such as social media Social media is one of representative creative industries: • Social media create new communication patterns and social interaction • Users have more rights to free creative information in social media • Companies and individual (online celebrities’ self-marketing) develop new business areas at social media online celebrities’ self-marketing • social transformation: Online celebrity marketing is a development trend that is dependent on social medial. • technological transformation: technology support to diminish distinctions between consumers and producers (Beer and Burrows,2007) • they are consumers to use social medial, at same time they create content in social media. The contents maybe are sharing their experiences or skills, promotion goods, and just promotion themselves. • In traditional marketing paradigm, customers are passive targets by companies, while the digital economy allows consumers to share and provide their consumption opinions and information (Prahalad and Ramaswamy 2004 cited Chang et al. 2015) Such as beauty blogger Beauty bloggers • Beauty bloggers through words, pictures and video share their beauty experiences in social media • categorized four main parts: “1) makeup tutorial; 2) product review and information; 3) updates and announcements; and 4) giveaways and competitions” (Chang, Molesworth, and Grigore, 2015). • In traditional beauty marketing : stars represent beauty products • Digital marketing: consumers more willing believe beauty blogger • ( reason:1.beauty bloggers are ordinary persons 2. share their experiences combination detail words and images ) There are two cases……. Case1: Flower in Weibo • A micro-celebrity in Weibo (active creator) Image: one post in Weibo weibo link:http://www.weibo.com/unie?refer_flag=1001030101_&is_all=1 Flower in Weibo • 2.4 million follows Weibo celebrity sign Wechat official account and ins account Blog link: http://blog.sina.com.cn/u/1695958733 Image: Weibo homepage Flower in Weibo • More than 40 thousands sharing • Nearly 2 thousands like Image: one post in Weibo Flower in Weibo • Early stage, Flower had shared using beauty products experiences • uses one picture to show the image of product and behind some words to explain her feeling (such as why it is good or bed) and the price. • multi-skilling creator in social media. She makes all contents by herself Image: one post in Weibo Flower in Weibo opens an online store to buy her brand clothing Image: one post in Weibo Flower in Weibo Draw activities: some people gain gifts who follow and share this post Image: one post in Weibo Flower in Weibo • Flower is an active and multi-skilling creator in social media. • Impact digital economy. fashion and beauty blogs are a huge managerial interest, they will influence consumer purchases and decisionmaking (WARC, 2011) • Publicity about her online store, It takes less cost and gains better interest. Case2: Temptalia • own homepage of blog and own channel on YouTube. Blog: http://www.temptalia.com/ Youtube:https://www.youtube.com/user/temptalia/about Case2: Temptalia Image: Youtube homepage 102978 subscribers 8288521 views Image :About us Case2: Temptalia making videos to share beauty information on YouTube Image: Youtube homepage Case2: Temptalia Using words and picture to express information of beauty in blog. Image: blog homepage Case2: Temptalia Corporation companies’ discount information Promotion products’ shopping link Image: blog homepage Case2: Temptalia • Companies send newest free products for her and have business cooperate with her • Themptalia and her team gain free beauty products to make new blog content and harvested rich rewards Case2: Temptalia • Cooperation companies do not need Themptalia that promote their products content as a whole content. While they need their products within built video content practices (Chang, Molesworth, and Grigore, 2015) • Reason: Themptalia has huge audiences to watch her videos Case2: Temptalia Themptalia compares with Flower: • Have more forms to show content (video) • Have more auidences • Contents are more professional than Flowers and have business with beauty brands • Is not a person, is a team Conclusion • Online celebrity through social media creates useful economic value in digital economy age. • A social transformation to form a new industry, creative industry. • Technology supports right of production contents from companies to users. • Beauty bloggers’ individual marketing popularizes themselves and even companies’ products. • Online celebrities are creative labors to bring influence of economic development Thank you Reference list • Ciocoiu C. N. (2011) INTEGRATING DIGITAL ECONOMY AND GREEN ECONOMY: OPPORTUNITIES FOR SUSTAINABLE DEVELOPMENT, Urban Management, 1st February, 33-43. • Hartley, J. (2005). The mayor’s commission on the creative industries IN: Hartley, J. Creative industries, 1st ed. Malden, MA: Blackwell Pub. , 117125. • Chang, S. Molesworth, M. and Grigore, G. (2015) YouTube Beauty Brands and the Dynamic Processes of Prosumption IN: Clifford, J. Benton, B. and Kravets, O. Marketing as Provisioning Technology: Integrating Perspectives on Solutions for Sustainability, Prosperity, and Social Justice, The Macromarketing Society, 489-507 • Gannon, V. and Prothero, A. (2016). Beauty blogger selfies as authenticating practices. European Journal of Marketing, 50(9/10), pp.1858-1878. • Chang, S. (2014), In the Eye of the Beholder: Asian American YouTube Beauty Bloggers, Available from:https://escholarship.org/uc/item/11p0p6m9 [accessed Spring 2014].