Generating and Exploiting Customer Insights from Social Media Data

Alexander Wieneke, Christiane Lehrer

Publikation: Bidrag til tidsskriftTidsskriftartikelForskningpeer review

Abstract

Previous research has emphasized the virtues of customer insights as a key source of competitive advantage. The rise of customers’ social media use allows firms to collect customer data in an ever-increasing volume and variety. However, to date, little is known about the capabilities required of firms to turn social media data into valuable customer insights and exploit these insights to create added value for customers. Based on the dynamic capabilities perspective, in particular the concept of absorptive capacity (ACAP), the authors conducted multiple case studies of seven mid-sized and large B2C firms in Switzerland and Germany. The results provide an in-depth analysis of the underlying processes of ACAP as well as contingent factors – that is, physical, human and organizational resources that underpin the firms’ ACAP.
OriginalsprogEngelsk
TidsskriftElectronic Markets
Vol/bind26
Udgave nummer3
Sider (fra-til)245–268
Antal sider24
ISSN1019-6781
DOI
StatusUdgivet - 2016
Udgivet eksterntJa

Emneord

  • Customer insights
  • Customer data
  • Social media
  • Absorptive capacity
  • Capabilities

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