The influence of social networks on consumer relations and the formation of customer habits and choices

Authors

  • Milijanka C. Ratkovic Union Nikola Tesla University, Faculty of Sport. 11000 Belgrade, Serbia
  • Nenad Vujić Economics Institute, 11000 Belgrade, Serbia
  • Dejan T. Ilić Union Nikola Tesla University, Faculty of Business Studies and Law, 11000 Belgrade, Serbia
  • Dragan D. Milošević Union Nikola Tesla University, Faculty of Management, 21205 Sremski Karlovci, Srbija

Keywords:

social networks, social CRM, brand visibility, monitoring of new offers, purchase of products and services.

Abstract

The main goal of this research was to examine the
connection between the respondents' opinions on the impact of social
networks on the formation and improvement of consumer relations
and the buying process itself. For statistical data processing,
descriptive statistics methods have been applied. The most significant
results of the research indicated that almost one half of the total
number of respondents believe that social networks are a suitable way to create and maintain the relationship between consumers and
organisations. Slightly more than half of the total number of
respondents agree that social networks contribute to brand visibility
and enable monitoring of new offers. Only one-fifth of the total
number of respondents stated that they like to purchase through social
networks, while every third respondent stated that social networks do
not enable the better and easier purchase of products and services
compared to more traditional ways.

Published

2023-02-24 — Updated on 2023-02-24

How to Cite

Milijanka C. Ratkovic, Nenad Vujić, Dejan T. Ilić, & Dragan D. Milošević. (2023). The influence of social networks on consumer relations and the formation of customer habits and choices. Economics, Entrepreneurship and Management Research, 1(2). Retrieved from http://eemr.unionnikolatesla.edu.rs/index.php/eemr/article/view/10