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Institut
Social Media Marketing
(2018)
Social media has become a major part of everyday life over the past decade.Social media connects people worldwide and serves as both a means ofcommunication and a source of information. The constant increase in users andcommunication options opens up completely new opportunities for companies to obtain information about target groups and to communicate with them.Of particular interest to companies is the Millennial generation. This generation is one of the top users of Social Media and will develop into a generation with
enormous purchasing power in the next few years. In order to successfully connect to this generation on Social Media, it is indispensable for companies to understand this generation and their behaviour on Social Media. Despite many existing research on Millennials and Social Media, there are hardly
any scientific findings about the gender-specific differences in the usage behaviour of Millennials with content on Social Media.
Based on this background, this master thesis aims to identify where these genderspecific differences can be found and how companies can use these insights for their marketing purposes. Based on the findings of theoretical section of this thesis, certain hypotheses were formulated, which were checked for their empirical
durability. In addition, further assumptions regarding the gender-specific differences of the Millennials on Social Media were empirically examined in order to maximize the findings for companies. The results of the survey show that in some areas there are slightly significant gender-specific differences, but in most cases less significant differences are found.Based on the results of this thesis, a list of recommended actions for companies to optimize their Social Media marketing activities for the generation of Millennials were given.
Zuerst bestand das Instrument aus drei Dimensionen mit untergeordneten Faktoren. Im Zuge der Experteninterviews wurden die drei bestehenden Dimensionen bestätigt und weitere wurden hinzugefügt. Insgesamt wurden zwei weitere Dimensionen ausgewählt. Die folgenden Dimensionen bilden die Basis für das Instrument: Produkt-/ Dienstleistungs-Exzellenz, Zuverlässigkeit von Prozessen, Individuelle Stärken, Kultur und Führung. Zwischen vier und sechs Faktoren wurden den jeweiligen Kategorien untergeordnet. Die Experten haben die von ihnen gewählten Faktoren zusätzlich definiert, um ein allgemeines Verständnis zu schaffen. Wie zuvor angeführt, besteht das Instrument aus einem Teil der Gewichtung. Die Probanden mussten die Faktoren gewichten, um Standard-Gewichte zu erhalten. Jedoch wird empfohlen, die Gewichtung erneut durchzuführen, da die Berechnung nicht proportional durchgeführt werden konnte. Dies wurde durch die individuellen Einteilungen und überschneidenden Auswahlen verursacht.
Der letzte Teil des Interviews war die Zuteilung der Faktoren zu den Fähigkeiten Anpassungsfähigkeit oder/ und Widerstandsfähigkeit. Die Ergebnisse zeigen, dass die Faktoren eher die Anpassungsfähigkeit (62%) fördern.
Family businesses contribute a significant part to the economy all over the world. Overall, 90% of Austrian businesses are family businesses, if the sole traders (about 60%) are included. However, a family business has to deal with many changes, problems or even crises, which can be caused through VUCA or also through the “Three-Circle-Model”. Therefore, a family business has to be resilient, which means that it has to be resistant and adaptable regarding certain occurrences and changes.
The aim of this master thesis is the assessment and display of organisational resilience in family businesses by developing an instrument to enable further measures for the improvement of organisational resilience in certain areas of the family business. Hence, eight interviews with experts regarding organisational resilience and eight interviews with experts regarding family businesses were executed in order to adapt and confirm the theoretical developed instrument. Furthermore, the adapted instrument was tested by four CEOs of family businesses in order to confirm the practical feasibility and ask for improvements.
The theory-based instrument had the following structure, which was retained for the adapted instrument, and was developed with Microsoft Excel: weighting of the dimension groups and factors, rating of the dimension groups and factors as well as transformation into adaptability and resistance.
Before, it consisted of three different dimension groups and sub-ordinated factors. In the course of the expert interviews, the three existing dimension groups were confirmed and many more were added. Two additional dimension groups were selected. The following dimension groups build the basis: product/ service excellence, process reliability, individual strengths, culture and leadership. Between four and six factors were sub-ordinated to these categories. The experts had to define the selected factors as well in order to generate a common understanding.
As it is listed above, the instrument consists of a weighting part. The experts had to weight the factors to define fixed weights. However, it is recommended to execute the weighting again because it could not be proportional calculated, which is caused by many different classifications with overlapping choices of the experts.
The last part of the interview was the allocation of the factors to the competences adaptability or/ and resistance. The primary market research revealed that the factors rather support the adaptability (62%).
The war for talent increasingly affects high-tech companies. Businesses need to stand out as attractive employers to win the war for technical personnel in particular. This trend also influences high-tech company Anton Paar. Given its continuous growth, Anton Paar needs to recruit a large number of technical sales experts in the USA in the coming years. The goal of this thesis is to support Anton Paar in building an employer brand to position the company as an attractive employer globally and as an employer of choice for technical sales experts in the USA.
The theoretical section of this thesis focuses on topics that influence employer branding, such as international human resource management and employer choice. Moreover, it includes the key aspects of employer branding and relevant definitions. The theoretical part is concluded by the development of an employer brand positioning concept. Theory shows that employer branding is targeted not only to existing employees but also to the external target group of potential applicants. Employer branding needs to address both target groups.
The practical section is based on the analysis of the external and internal factors that influence the development of the positioning concept for the employer brand Anton Paar. Moreover, the preferences of technical sales experts in the USA and existing Anton Paar employees are investigated in two quantitative surveys. The findings from the analyses and surveys are then used to define the employer value proposition (EVP) for the entire Anton Paar Group and a sub-EVP for technical sales experts in the USA. Anton Paar symbolises “stability” and “long-term orientation”, two attributes that distinguish the company from the competition. This characterisation is highlighted in the global employer brand positioning. The sub-positioning for technical sales experts focuses on the fields of “innovative spirit” and “development prospects”.
Based on the theoretical and practical sections, recommendations for the implementation of the concept are provided at the end of the thesis. These recommendations would help Anton Paar to implement the positioning concept and anchor the employer brand internally and externally.
The French pharmaceutical market is the 5th largest market for human medicines worldwide and hence provides high potential for Stölzle Glass Group. Though the market conditions in France are very challenging, as differentiation from competition through quality or price can hardly be reached in the pharmaceutical glass packaging industry. To reach the company’s growth and awareness target, Stölzle needs a brand positioning concept which differentiates the company from its competitors long-term. Thus, the objective of this master thesis is to develop a B2B brand positioning concept in the French pharmaceutical market.
The first part of this thesis deals with the theoretical background of a brand positioning concept. At the beginning, B2B brand management is described with a special focus on the international pharmaceutical industry. Afterwards, the definition of brand positioning and the five steps of a brand positioning concept are explained. In the first stage, brand positioning objectives and possible positioning strategy approaches are presented. Following that, brand positioning ideas and their requirements are described. Subsequently, the implementation of the brand positioning concept through integrated marketing communication is shown. The final chapter includes strategic and operative controlling measures.
The second part of this thesis includes the practical implementation of the brand positioning. Firstly, an analysis of the BU Pharma and an environmental analysis of the French pharmaceutical market, the target group and the competition are provided. Then, the findings of the primary market research are outlined which have been conducted through a quantitative research. In addition, the results of the image analysis are interpreted separately for the French as well as German/Austrian pharmaceutical market to generate comparative values.
Based on the theoretical part and the internal and external analysis, a brand positioning concept for Stölzle is developed. Four positioning alternatives are created which are evaluated by Marketing and Sales with a value benefit analysis. One positioning alternative is advised for Stölzle which best fulfils the positioning requirements. Subsequently, communication activities are suggested to implement the brand positioning. At the end of this thesis, controlling measures and further recommendations for Stölzle are stated.
Family businesses (FBs) are fascinating creations of the business world. And not only that - with a turnover of around 616 billion euros and more than 2.92 million employees, FBs are by close definition (without sole proprietors) extremely important for the Austrian economy. Also the developments on social and technological levels are fascinating. Flexible working arrangements, digitalization,
demographic change and much more bring fundamental changes to framework conditions, and especially in the field of leadership. In FBs, also endogenous factors have a major effect, which could constitute a challenge for the leaders.The present work focuses on the cooperative leadership style and the exogenous and endogenous factors that influence this leadership style, as it has been shown that cooperative leadership is best equipped to overcome the challenges of a changing market. Nevertheless, only 24.3% of leaders in Styrian FBs apply the cooperative leadership style. Consequently, a model that visualizes this leadership style and its influencing factors is developed. In the created model, these factors are illustrated with the aim to achieve awareness of their importance for cooperative
leadership exclusively. In addition, a tool that supports leaders by raising awareness of their applied leadership style and by giving recommendations for cooperative leadership is created.
The theoretical part of this thesis includes the characteristics of FBs, the leadership styles, especially the advantages and disadvantages of the cooperative leadership style and the exogenous and endogenous influencing factors. It eventually results
in the creation of the model of cooperative leadership and the development of the concept for a tool for leaders in FBs.
The practical part is based on a qualitative and quantitative survey to verify the influencing factors, determine the leadership styles in Styrian FBs and to evaluate the created model and the concept of the tool on their potential support for leaders in FBs. Based on the findings, the model and the concept of the tool are refined.
The results of this thesis are a model of cooperative leadership that creates awareness of this leadership style and its influencing factors and a tool that supports leaders by raising awareness of their actual leadership style and by giving recommendations on how to come to a cooperative leadership style. This can be immediately applied to capture the leadership style with one click.
The increasing awareness of products as well as the fast access to comparison methods makes it easy for customers to select the goods with the most value to them. The understanding of customers’ preferences therefore is of increasing importance.
This thesis deals with the measurement of preferences according to specific customer groups in foreign markets. For this reason, a model with the consideration of customers’ behaviour and cultural values, as well as the existing and defined attribute of the analysed product has been created. The defined goals of the company Nextsense are the generation of new product ideas as well as new branches for possible market entries.
The first chapters build the theoretical base for the model and cover the elements of organisational buying behaviour as well as the introduction of several preference measurement methods. Furthermore, a strong emphasis on the creation of fictive archetypes of customers, the personas, has been made. The theoretical section of the thesis is concluded by the model in theory, which tries to function as a guide for the practical application.
The empirical part, beginning with chapter 6, focuses on the development and application of the created model. With the practical description of the templates, which are created in Microsoft Excel, the thesis supports the company to implement the model. As a practical example an attempt has been made to identify a set of preferred attributes for Nextsense’s product CALIPRI C10 in the American automotive industry.
Chapter 9 reflects the empirical part and proved the applicability of the model. However, the critical point of measuring preferences requires continuous monitoring due to the dynamic characteristics and the consideration of a bigger sample size is recommended in order to deliver more accurate information about the customer. Nevertheless, the model supports the targets of Nextsense and provided product ideas out of the elicitation of customers’ data. Further recommendations referring to the application and monitoring of the model conclude the final chapters of the thesis.
This master thesis has developed a market selection model for the comprehensive assessment and analysis of markets for sustainable packaging solutions. The goal was to create a model characterized by simple handling, attractive design and flexible adjustment possibilities.
The theoretical part of the thesis deals with different influencing factors from the areas of internationalization, model conception and selection of criteria. The focus lies on the characteristics of B2B markets as well as market requirements for sustainable product solutions. The model construction as well as the instrument selection are supposed to ensure the greatest flexibility possible in order to analyse a high number of alternatives efficiently as well as to analyse a small number of alternatives precisely. To ensure the operational viability of the model, a large number of potential assessment criteria were identified and summarized in a list thus completing the theoretical part of the thesis.
After compiling the model, experts from both the fruit and vegetable sector were consulted in empirical interviews. These interviews and their findings were used in order to evaluate the selected criteria according to their importance. Additionally, they proved to be very helpful for the final optimization of the model. After development had been completed, the model was first applied on a real market selection. The goal was to define three target markets for the forthcoming expansion of the Verpackungszentrum GmbH, a packaging manufacturer from Austria. A total of 21 European countries were analysed on the basis of 16 criteria in order to determine the best alternatives possible. Eventually, three countries, which were comprehensively analysed and found compatible to the company's requirements, were selected. Through the results of the analysis as well as further recommendations, the functionality and the practical applicability of the model was proven perfectly.
In times when the usage of social media is continuously growing among the population, especially in competitive markets, social media can represent a powerful new communication tool for suppliers in order to reach new contacts, create new leads and to differentiate oneself from the competition.
Therefore, the present thesis aims to create a social media concept for communication in the US semiconductor Industry exemplified by the yield management software supplier DR YIELD software & solutions GmbH.
Besides an extensive literature research regarding the science of B2B marketing, international communication and social media communication, the US market has been investigated towards its peculiarities regarding its semiconductor industry and the social media behavior on the US market in order to be able to communicate effectively in a foreign market. Moreover, a competitor analysis has been conducted that shall give a better insight of the current social media usage and activities of DR YIELD’S competitors. Furthermore, in order to fill the remaining knowledge gap about the usage of social media in the US semiconductor industry, a primary market research in form of interviews has been conducted. The results have shown that DR YIELD’s target group does not only use social media for private purposes, but also for professional aims such as the research of potential suppliers which makes social media a suitable tool for DR YIELD to generate new leads in the US market.
Based on the research as stated above, a social media concept tailored for the US semiconductor industry has been created that gives – besides an analysis of the initial situation and DR YIELD’s target group – recommendations regarding the strategy, the consequent actions, a budgeting plan and controlling measures.
Due to the progressive digitalization of the media market, the commitment to expand the classical media portfolio by creating digital positions is essential. STYRIA Media Group AG as traditional media house is extending its market to exploit new digital business opportunities. The company has already managed the successful digitalization of parts of the core business of media houses, namely classifieds and brochure supplements. By establishing digital marketplaces, they have secured a dominant position in their core markets. Now they see a great opportunity in the internationalization of their successful business models. As STYRIA does not have a standardized tool which can be applied in a systematic country selection process to evaluate potential new international markets, the aim of this master thesis is to develop a branch specific country selection model. As STYRIA distinguishes between classifieds and best buy portals, for each, one model was developed tailored to the particularities of digital marketplaces.
Within the theoretical part of this thesis, an initial analysis concerning the internationalization of media companies, the characteristics of media industry and digital marketplaces was made. The focus was placed on influencing factors regarding model conception and country selection criteria. As a result, a theoretical model was created. The considerations concerning model conception in the sense of method approach and criteria selection needed to be reviewed within an empirical research. A special focus was placed on the generation of branch specific country selection criteria for classifieds and best buy portals, as to date, they can not be found in literature. Explorative interviews helped gaining comprehensive and individual factual information concerning this relatively unknown research issue.
The subsequent tailored country selection models were then applied in practice. They were designed as multi-stage models which enable a systematic tracking down, identifying the most promising foreign countries. The models are set up as Excel tools and can be used for filtering a large amount of potential countries or for evaluating single countries as well. As the models must be applicable to open problem structures and evaluate fast-changing market circumstances, flexible adjustment possibilities are given. Within a usability cross-check, the functionality and handling was reviewed. Therefore, four countries were analysed. By putting the models into practice, it was found that the models show validity and an efficient handling and go-through of a complex process. Finally, the developed models were reflected critically and recommendations for the next steps regarding the implementation as a systematic process respectively the application at STYRIA Media Group are given.
The technological progress of the past decades and especially new media have affected our way of living remarkably. Those recent developments in the communication and interaction offer a variety of new opportunities for marketers to reach their customers. To go in line with the trend, AVL List GmbH, an Austrian B2B company in the automotive industry, has introduced new media activities in a first step. Due to a lack of information and studies about the changes in the behaviour of their customers, AVL List GmbH was not able to develop a comprehensive new media concept so far. Therefore, the purpose of the master thesis is to remove the information deficit and furthermore to develop a comprehensive new media concept to enhance the contact frequency to the customers.
First, an extensive literature research about the B2B automotive industry, new media and the business buying process is examined. On this basis, the theoretical aspects for the development of the new media concept are outlined.
In a second stage, an individual new media concept for AVL List GmbH is evolved. Within a secondary research, the customers, competitors, market trends as well as competencies and performance regarding new media are examined to gain insights about the current situation. Furthermore, an additional primary market research with the customers of AVL List Gmbh in form of interviews is executed to remove the information deficit and to unravel the new media behaviour of the customers. The results provide evidence, that in general, customers have a positive attitude towards new media and that the focus on specific new media channels can help to increase the contact frequency to the customers.
Following, these findings build the starting point for the development of the new media concept with the objective of an increase in the contact frequency to the customers as well as the strategy of delivering high quality content distributed over specific new media channels. Those channels are unravelled within a value-benefit- analyses with their specifications described in the actions. The loop closes the concept with the controlling phase, where specific KPIs point out attainment or room for adaptation and improvements.
By the application of the present evolved new media concept, AVL List GmbH is able to bundle their resources, focus on the requirements of their customers and furthermore increase the contact frequency to their customers.