Frontiers: How Support for Black Lives Matter Impacts Consumer Responses on Social Media
Yang Wang,
Marco Shaojun Qin (),
Xueming Luo () and
Yu (Eric) Kou ()
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Marco Shaojun Qin: Marketing, Fox School of Business, Temple University, Philadelphia, Pennsylvania 19122
Xueming Luo: Marketing, Strategy, and Management Information System, Fox School of Business, Temple University, Philadelphia, Pennsylvania 19122
Yu (Eric) Kou: Marketing, Fox School of Business, Temple University, Philadelphia, Pennsylvania 19122
Marketing Science, 2022, vol. 41, issue 6, 1029-1044
Abstract:
We scrutinize the direct and moderated impact of brands’ support for Black Lives Matter (BLM) on consumer responses. Our empirical strategy exploits Blackout Tuesday as a natural experiment in which BLM support occurred on Instagram (treated platform) but not on Twitter (control platform) to perform a within-brand crossplatform difference-in-differences (DID) analysis. We also combine econometric models with machine learning techniques to analyze the unstructured data of the social media content. Based on a unique multiindustry, multiyear, and multiplatform data set of 435 major brands and 396,988 social media posts, we find a negative impact of BLM support on consumer responses, such as followers and likes. Furthermore, our analyses uncover a multifaceted set of heterogeneous DID effects across brands. (1) Although lone-wolf BLM support leads to negligible effects, large-scale BLM support from many brands can lead to strong negative effects (i.e., the bandwagon effect). (2) Posting self-promotional content exacerbates the negative effects of BLM support. (3) Historical prosocial posting on social media attenuates the negative effects. (4) Brands with socially oriented missions suffer less from the negative effects. (5) Customers’ political affiliation also matters; the negative effects of BLM support are amplified/attenuated for brands with mostly Republican/Democratic customers. Additionally, (6) slacktivism (showing BLM support in words but without financial donations) can mitigate the negative effects for brands with mostly Republican consumers but amplify the negative effects for brands with mostly Democratic consumers.
Keywords: Black Lives Matter (BLM); social media; brand management; causal inference; machine learning (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (5)
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Persistent link: https://EconPapers.repec.org/RePEc:inm:ormksc:v:41:y:2022:i:6:p:1029-1044
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