Kol Marketing as A Business Strategy to Prevent The Groundswell Effect on An Advertising Message Communicated in The International Environment Cover Image

Kol Marketing as A Business Strategy to Prevent The Groundswell Effect on An Advertising Message Communicated in The International Environment
Kol Marketing as A Business Strategy to Prevent The Groundswell Effect on An Advertising Message Communicated in The International Environment

Author(s): Adam Madleňák
Subject(s): Media studies, Supranational / Global Economy, Business Economy / Management, Marketing / Advertising, ICT Information and Communications Technologies, Business Ethics
Published by: Univerzita sv. Cyrila a Metoda v Trnave, Fakulta masmediálnej komunikácie
Keywords: FOMO Syndrome; Groundswell; KOL Marketing; Marketing Communication; Shopping Decision Making; Social Media;

Summary/Abstract: The author chose to research the issue of KOL marketing mainly due to its rising popularity, especially in Asian countries and the growing public distrust towards traditional marketing strategies and marketing communication. In recent years an increasing number of European business entities have begun to implement KOL marketing elements in their online product promotion strategies. The author pays attention to the character of the person acting as an opinion leader, who is able to arouse interest in the product and increase demand and thus ensure an early return on investment (funds invested in mutual cooperation) and also profit. At the same time, the paper highlights the position of a specialist on product promotion on social media with regard to the presentation of serious and credible information to prevent the emergence and dissemination of various conjectures which are often characteristic of the groundswell effect.

  • Issue Year: 9/2021
  • Issue No: 1
  • Page Range: 449-457
  • Page Count: 9
  • Language: English