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A master's thesis from Aalborg University

Ingrained in the market: A theoretical and qualitative study into the practice and implications of social networks on international market research

Author

Term

4. term

Publication year

2013

Submitted on

Abstract

Meget forskning i, hvordan små og mellemstore virksomheder (SMV’er) går internationalt, bygger på teorier udviklet til en anden tid. I dag forbinder online fællesskaber markedsføringsfolk og aktører i udenlandske markeder direkte og på tværs, hvilket sænker barrierer for kommunikation. Denne afhandling undersøger, hvordan deltagelse i sådanne sociale netværk kan give praktisk og omkostningseffektiv markedsviden. Med udgangspunkt i netværksteoriens begreber—som styrken af bånd (hvor tætte relationer er), udnyttelse (hvor aktivt netværk bruges) og strukturelle huller (mellemrum mellem grupper, der kan bygges bro over)—forklarer afhandlingen, hvordan online fællesskaber kan styrke en virksomheds markedsorientering og læring. Indlæg, diskussioner og delte erfaringer i disse fællesskaber giver kvalitative førstehåndsindsigter i markedsforhold, kundebehov og lokale forhold. For mindre og økonomisk mere sårbare virksomheder kan disse indsigter fungere som indledende markedsundersøgelser i fjerne markeder til en brøkdel af de traditionelle omkostninger. Afhandlingen samler eksisterende teorier i en samlet ramme, der beskriver, hvordan virksomheder kan engagere sig i online fællesskaber for at indsamle markedsinformation og understøtte internationale beslutninger.

Research on how small and medium-sized enterprises (SMEs) expand internationally has often relied on ideas developed for a different business era. Today, online communities connect marketers and people in foreign markets directly and in many directions, lowering barriers to communication. This thesis examines how participation in these social networks can provide practical, low-cost market intelligence. Using concepts from network theory—such as strength of ties (how close relationships are), utilization (how actively networks are used), and structural holes (gaps between groups that can be bridged)—the thesis explains how online communities can support a firm’s market orientation and learning. Posts, discussions, and shared experiences in these communities offer qualitative, first-hand insights into market conditions, customer needs, and local concerns. For smaller and less financially secure firms, these insights can serve as preliminary market research in distant markets at a fraction of traditional costs. The study brings together existing theories into a combined framework that describes how firms can engage with online communities to gather market information and inform international decisions.

[This abstract was generated with the help of AI]