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The Relationship between Social Media and Consumer Purchase Decision: Findings from Seoul Sharing Bike

소셜미디어와 소비자 구매 결정과의 관계: 서울 공유 자전거에 대한 시계열 분석을 중심으로

  • Received : 2021.11.08
  • Accepted : 2021.12.11
  • Published : 2021.12.31

Abstract

With the emergence of various types of social media and the diversification of their roles, it has become essential for marketers to understand how different types of social media influence consumers' purchase decisions differently and derive more detailed strategies by social media types. This study classifies social media into two types-expression-focused social media and relationship-focused social media-and investigates the relationship between consumer purchases and social media mentions by type. Using the Seoul bike-sharing data and time-series data for social media mentions, we apply the VAR model with Exogenous Variables (VARX). We find that the increase of product mentions in expression-focused social media positively affects both the number of new customers (customer acquisition) and the number of shared bike rentals, while that in relationship-focused social media negatively affects the number of new customers only. In addition, as new customers increase, the product mentions in both types of social media increase. On the other hand, the number of bike rentals has no significant effect in increasing social media mentions regardless of type. This study contributes to the social media and sharing economy literature and provides managerial implications for establishing sophisticated social media marketing in bike-sharing businesses.

소셜미디어의 유형이 다양해지면서 소셜미디어를 활용하여 소비자의 구매 결정을 유도하기 위해서는, 소셜미디어에 대한 유형별 이해와 좀 더 세분화된 전략 도출이 필요하다. 본 연구에서는 소셜미디어를 표현형 소셜미디어와 관계 및 공유형 소셜미디어 두 가지 유형으로 분류하고, 소비자 구매 결정과 유형별 소셜미디어 언급량 간의 상호 영향력에 대해 살펴보았다. 구체적으로, 서울시 공유 자전거인 따릉이 데이터와 소셜미디어 상에서 해당 공유 자전거의 일별 언급량 데이터를 활용하였으며, 외생변수 벡터 자기회귀 모형(VARX)을 적용해서 실증적으로 검증하였다. 분석 결과, 표현형 소셜미디어 언급량 증가는 신규 가입과 대여 건수 모두에 긍정적인 영향을 주는 반면, 관계 및 공유형 소셜미디어는 공유 자전거의 신규 가입에는 오히려 부정적인 영향을 주고 대여 건수 증가에는 유의미한 영향을 미치지 않는 것으로 나타났다. 또한, 신규 가입자는 두 유형의 소셜미디어 내 제품 언급량 증가에 긍정적인 영향을 끼치는 반면, 대여 건수는 유형에 상관없이 소셜미디어 내의 제품 언급량에 유의미한 영향을 미치지 못했다. 본 연구의 결과는 신규 가입과 구매를 유도하기 위한 세분화된 유형별 소셜미디어 전략 도출에 활용될 수 있으며, 최근 급성장하고 있는 공유 경제 산업 내의 소셜미디어 마케팅 전략 수립에도 유용한 이론적, 실무적 시사점을 제공할 것으로 기대한다.

Keywords

Acknowledgement

이 논문은 2021년도 연세 시그니처 연구클러스터 사업 연구비의 지원을 받아 수행된 것임(2021-22-0006). 이 논문은 2021학년도 연세대학교 상남경영원 연구펠로우십의 지원에 의하여 이루어진 것임(2021-22-0022). 이 논문은 2020년 대한민국 교육부와 한국연구재단의 지원을 받아 수행된 연구임(NRF-2020S1A3A2A02093277).

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