The Effects of Verbal and Visual Marketing Content in Social Media Settings: A Deep Learning Approach

38 Pages Posted: 13 Sep 2021

See all articles by Lei Liu

Lei Liu

Central University of Finance and Economics (CUFE)

Yingfei Wang

University of Washington - Michael G. Foster School of Business

Zhen Fang

Fudan University - School of Management

Shaohui Wu

Harbin Institute of Technology

Date Written: September 10, 2021

Abstract

Due to the relentless development of social media marketing, firms increasingly rely on a combination of verbal and visual elements to communicate with consumers and attract their attention. The present research investigates how the semantic relationship between text and image information affects consumer engagement (forwards and comments). Leveraging a large-scale dataset of firm-generated messages, we develop a novel end-to-end scalable deep learning model to quantify each text-image message with a well-established, two-dimensional text-image incongruency (relevancy and expectancy). We find that the interaction of relevancy and expectancy, two distinct dimensions of text-image incongruency at the cognitive level, plays a predominant role in affecting consumer engagement on social media. High-relevancy-high-expectancy (HRHE) content and low-relevancy-low-expectancy (LRLE) content are the most effective strategies, whereas high-relevancy-low-expectancy (HRLE) and low-relevancy-high-expectancy (LRHE) contents do not work so well. Furthermore, this paper also shows different antecedents of different types of consumer engagement in social media contexts, including forwards and comments. In particular, HRHE offers an exclusive benefit of boosting forwards while the two strategies are equally effective in eliciting comments. This research contributes to the literature on consumer engagement and social media marketing by addressing the importance of multi-dimensional text-image incongruency and generates important managerial implications.

Keywords: consumer engagement, social media, text-image incongruency, deep learning, topic models

JEL Classification: M31

Suggested Citation

Liu, Lei and Wang, Yingfei and Fang, Zhen and Wu, Shaohui, The Effects of Verbal and Visual Marketing Content in Social Media Settings: A Deep Learning Approach (September 10, 2021). Available at SSRN: https://ssrn.com/abstract=3920764 or http://dx.doi.org/10.2139/ssrn.3920764

Lei Liu

Central University of Finance and Economics (CUFE) ( email )

39 South College Road
Haidian District
Beijing, Beijing 100081
China

Yingfei Wang (Contact Author)

University of Washington - Michael G. Foster School of Business ( email )

Box 353200
Seattle, WA 98195-3200
United States

Zhen Fang

Fudan University - School of Management ( email )

No. 670, Guoshun Road
No.670 Guoshun Road
Shanghai, 200433
China

Shaohui Wu

Harbin Institute of Technology ( email )

92 West Dazhi Street
Nan Gang District
Harbin, heilongjiang 150001
China

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