Abstract
Upon completion of this chapter, you will be able to:
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1.
Define social commerce and describe its roots and evolution.
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2.
Describe the scope, drivers, and content of the social commerce field.
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3.
Summarize the benefits and limitations of social commerce.
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4.
Describe the major models of social shopping.
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5.
Explain how advertising and promotions are conducted in social networking environments.
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6.
Describe how social networking can facilitate customer service, customer support, and CRM.
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Author information
Authors and Affiliations
Electronic Supplementary Material
Glossary
- Communal shopping (collaborative shopping)
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A method of shopping where shoppers enlist friends and other people they trust to advise them on what products to shop for.
- Customer relationship management (CRM)
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A customer service approach that focuses on building long-term and sustainable customer relationships that adds value for both the customers and the merchants.
- Enterprise 2.0
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“The use of social software platforms within companies, or between companies and their partners or customers.” McAfee (2009).
- Geosocial networking
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Social networking with location awareness capabilities. This enables social networks to connect users with local businesses, people, or events.
- Social business
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“A business that embraces networks of people to create business value” (IBM 2011).
- Social commerce (SC)
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E-commerce transactions delivered via social media.
- Social customers
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Customers who usually are members in social networks, do social shopping, and understand their shopper’s rights and how to use them to their advantage.
- Social customer relationship management (SCRM, CRM 2.0)
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The delivery of CRM by using social media tools and platforms.
- Social marketplace
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A marketplace that uses social media tools and platforms and acts as an online intermediary between buyers and sellers.
- Social media marketing (SMM)
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The application of marketing communication and other marketing tools using social media.
- Social shopping (sales 2.0)
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Online shopping with social media tools and platforms. It is about sharing shopping experiences with friends. Social shopping is the combination of social media and e-commerce.
- Viral blogging
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Viral marketing done by bloggers.
- Viral marketing
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Word-of-mouth (WOM) method by which people tell others (frequently their friends) about a product they like (or dislike).
- Viral video
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Any video that is forwarded from a person to others, sometimes with a recommendation to watch it.
- Virtual economy
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An emerging economy existing in several virtual worlds, where people exchange virtual goods frequently related to an Internet game or to a virtual business.
- Virtual goods
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Computer images of real or imaginary goods.
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Turban, E., Whiteside, J., King, D., Outland, J. (2017). Social Commerce: Foundations, Social Marketing, and Advertising. In: Introduction to Electronic Commerce and Social Commerce. Springer Texts in Business and Economics. Springer, Cham. https://doi.org/10.1007/978-3-319-50091-1_7
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