CHALLENGES WHEN DIFFUSING INNOVATIVE PRODUCTS THROUGH DIGITAL MARKETING - A qualitative research study exploring the major challenges when diffusing innovative products through digital marketing based on a case study of a diving equipment company
Abstract
The main objective with this study was to explore the major challenges when
diffusing innovative products through digital marketing. The purpose of this
research was to bring clarity in what challenges managers for innovative
products face when using digital marketing practices, such as Social Media
Marketing, Content Marketing, Influencer Marketing and SEO/SEM to diffuse
their products. In the era of digitalization there has been an increasing use of
digital marketing in various industries. Thus, digitalization provides new
opportunities for companies to diffuse their innovations which hence leads to
new challenges.
The empirical data of the study consists of interviews from a case company,
Poseidon Diving Systems, and their potential customers. The results are
structured around several categories from both the case company and the
potential customers, accordingly. Finally, it was concluded that the major
challenges when diffusing their innovative product through digital marketing
was to stand out in the digital mass, communicate product value and to be
credible and visible. The study contributes to the research areas of diffusion of
innovation and digital marketing, through establishing a potential connection
between the two subjects, and sheds light on an observed, yet uninvestigated
topic in literature.
Degree
Master 2-years
Collections
View/ Open
Date
2021-07-09Author
Sophie Längvik
Emma Wallander
Keywords
Product Innovation
Diffusion of Innovation
Communication
Digital marketing
Social media marketing
Content marketing
Influencer marketing
Search engine optimization
Search engine marketing
Series/Report no.
Master Degree Project
2021:70
Language
eng
Metadata
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