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Utilizing Fandoms As a Semi- Controlled Word of Mouth Communication Channel in Popular Culture

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Utilizing Fandoms As a Semi- Controlled Word of Mouth Communication Channel in Popular Culture Borbala Baki UTILIZING FANDOMS AS A SEMI- CONTROLLED WORD OF MOUTH COMMUNICATION CHANNEL IN POPULAR CULTURE Business Economics and Tourism 2014 VAASAN AMMATTIKORKEAKOULU Liiketalous TIIVISTELMÄ Tekijä Borbala Baki Opinnäytetyön nimi Fanikuntien hyödyntäminen semi-kontrolloituna kuulopuheen tuottajana populaarikulttuurissa Vuosi 2014 Kieli englanti Sivumäärä 61+Liite Ohjaaja Heidi Hellström Populaarikulttuurin tuotteet, kuten elokuvat, musiikki, televisio-ohjelmat jne näyttelevät tärkeää roolia jokapäiväisessä elämässämme. Muista kulutustavaroista tai teollisista tuotteista poiketen, populaarikulttuurin tuotteet ovat läsnä pääasiassa yksityiselämässämme ja vapaa-aikanamme. Tämä ei kuitenkaan vähennä niiden merkittävyyttä verrattuna aiemmin mainittuihin tuotteisiin, mikä tekeekin oikean markkinointi-strategian valinnasta näitä tuotteita markkinoitaessa ensiarvoisen tärkeää. Tämän opinnäytetyön tavoitteena on löytää olennaisia ratkaisuja yrityksille, jotka toimivat populaarikulttuurin parissa, markkinoiden tuotteitaan yhteistyössä faniensa kanssa. Tämän tavoitteen saavuttamiseksi, opinnäytetyö on jaettu kahteen pääosioon: kirjallisuuskatsaukseen, jossa käytetyimmät kuluttajamarkkinoinnin strategiat esitellään yrityksen näkökulmasta sekä empiiriseen osaan, jossa tarkastellaan fanien mielipiteitä liittyen fanikuntien käyttämiseen markkinoinnin välineenä. Empiirisessä osiossa saatiin tutkimusta varten luotuun kyselyyn 249 vastausta eri puolilta maailmaa. Tutkimuksessa käytetty kvantitatiivinen tutkimusmenetelmä mahdollisti suuren vastausmäärän keräämisen ja vastausten tilastollisen tarkastelun analysointivaiheessa. Johtopäätöksenä voidaan todeta, että akateemista kirjallisuutta ja kerättyä tietoa analysoitaessa osoittautui, että kahden erilaisen lähestymistavan yhdistäminen verrattuna yksittäiseen, uuteen metodiin, on hyödyllisintä tuotettaessa optimaalisia markkinoinnin strategioita sekä yrityksille että faneille. Avainsanat markinointti, populaarikultturi, kuulopuhe, fanikunta, sosiaalinen media VAASAN AMMATTIKORKEAKOULU UNIVERSITY OF APPLIED SCIENCES International Business ABSTRACT Author Borbala Baki Title Utilizing Fandoms as a Semi-Controlled Word-of-Mouth Communication Channel in Popular Culture Year 2014 Language English Pages 61+Appendices Name of Supervisor Heidi Hellström Products of popular culture such as movies, music, television programs etc. play a very important part in our everyday lives. Unlike consumer or industrial goods, pop cultural goods are mostly present in our private lives and free time, but it does not mean that their importance is any smaller than that of the previously mentioned two. Therefore, choosing the right marketing strategy for promoting them is crucial. The aim of this thesis was to find relevant solutions for companies dealing with pop cultural goods to market their products in cooperation with fans. To be able to reach this aim, the thesis consists of two main sections: the literature review, in which the most popular B2C marketing strategies are presented from the company‟s point of view and the empirical study, in which the opinion of fans are asked about marketing through fandoms. In the Empirical study, a self-constructed questionnaire was published, which received all together 249 responses from all around the world. The research study used a quantitative study method, this way it was possible to gather a target number of responses and during the analysis phase the answers could be quantified and used for gaining statistical results. In conclusion, after comparing the information gathered through academic literature and the data collected with the help of the questionnaire, it became clear, that not a single - new method can be created, but the two types of approaches should be combined together in order to create marketing strategies optimal for companies and fans alike. Keywords marketing, popular culture, fandom, Word-of-mouth, social media TABLE OF CONTENTS TIIVISTELMÄ ABSTRACT LIST OF FIGURES AND TABLES ..................................................................... 10 LIST OF APPENDICES ....................................................................................... 12 1 INTRODUCTION ........................................................................................... 9 1.1 Introducing the research problem ............................................................. 9 1.2 Background of the study ........................................................................... 9 1.3 Focus of the research .............................................................................. 10 1.4 Structure of the study ............................................................................. 10 2 THEORETICAL FRAMEWORK ................................................................. 11 2.1 Popular Culture ....................................................................................... 11 2.1.1 What is popular culture? ..................................................................... 11 2.1.2 The traditional channels of popular culture and mass media.............. 12 2.2 Fan culture .............................................................................................. 16 2.2.2 Brief history of fans and fandoms....................................................... 16 2.2.3 Online fandoms ................................................................................... 18 2.2.4 Usage of microblogs by fandoms ....................................................... 19 2.3 Marketing ............................................................................................... 20 2.3.1 Marketing Channels used in B2C marketing ...................................... 21 2.3.2 Online Marketing Channels ................................................................ 22 2.3.3 The importance of Social Media in B2C marketing ........................... 25 2.3.4 Word-of-Mouth and the Buzz ............................................................. 28 2.3.5 Hashtags .............................................................................................. 29 2.3.6 Utilizing fandoms as a marketing channel .......................................... 31 3 EMPIRICAL STUDY.................................................................................... 34 3.1 Research Method .................................................................................... 34 3.2 Reliability of the research ....................................................................... 35 3.3 Methodology .......................................................................................... 36 4 RESULTS OF THE EMPIRICAL STUDY .................................................. 38 4.1 General demography .............................................................................. 38 4.2 Being a fan .............................................................................................. 41 4.3 Marketing through fans .......................................................................... 42 4.4 Hashtags ................................................................................................. 48 5 CONCLUSION AND DISCUSSION ........................................................... 52 5.1 Theory vs Empirical Study ..................................................................... 52 5.2 Reliability and validity of the research ................................................... 54 5.3 Suggestions for future researches ........................................................... 55 5.4 Summary of the Thesis ........................................................................... 55 REFERENCES ...................................................................................................... 57 APPENDICES ...................................................................................................... 62 LIST OF FIGURES AND TABLES Figure 1. Marketing mix elements – the “4Ps” Figure 2. “Golden Triangle” on a heat map Figure 3. Monthly active users of the most popular social media sites Figure 4. Web Communication Model Figure 5. The original tweet by @NYPDnews Figure 6: #SherlockLives is trending worldwide after 5 minutes (GMT +2) Figure 7. Age distribution of the respondents Figure 8. Distribution of respondents based on their occupation Figure 9. Distribution of respondents based on their location Figure 10. ”How many fandoms or fan bases do you belong to? Figure 11. ” How have you heard about the thing you are a fan of now?” Figure 12. Comparison of influential sources based on the size of the fandom Figure 13. Sources of information Figure 14. Comparison between popularity of information sources in different size fandoms Figure 15. Satisfaction with quality and quantity of information from official sources Figure 16. Satisfaction with information quality and quantity in case of different information sources Figure 17. ”Do you think using hashtags (#) is an efficient way to spread information fast?” Figure 18. “Do you often use hashtag when sharing something about a topic connected to the thing you are a fan of?” Figure 19. Hashtag usage in case of European respondents Figure 20. Combination of hashtag usage and frequency of reacting to promotional hashtags LIST OF APPENDICES Appendix 1. Questionnaire Appendix 2. Crosstabulations 9 1 INTRODUCTION 1.1 Introducing the research problem In our highly competitive world it is getting more and more difficult to differentiate a company‟s products from their competitors‟. This is not only a problem in case
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