Ho Chi Minh City University of Industry and Trade, Vietnam.
https://orcid.org/0009-0006-9274-1640
Ho Chi Minh University of Banking, Vietnam.
Leveraging social media marketing is considered an effective strategy for companies in general and automakers in particular in the modern digital context. Social media platforms such as Facebook, TikTok, Instagram, and YouTube serve as powerful marketing tools for enhancing brand visibility, increasing brand awareness, and building customer relationships. Although purchase and sales activities are still conducted directly at distribution agents, social networking sites have become the main platform where consumers interact and maintain communication with brands. In response to changes in consumer behavior and to stay ahead of competition, automakers can leverage social media as a strategic platform to better connect with consumers for interactive activities and cultivate more profound customer engagement, thereby strengthening brand equity. This research aims to study the impact of social media marketing on brand engagement and consumer-based brand equity in the automobile market of Vietnam. A survey of 562 car owners in Vietnam and data analyzed via SPSS 20 and AMOS 24 software revealed that important parts of social media marketing—such as customization, trendiness, word-of-mouth, and brand storytelling—help improve brand engagement and increase automobile brand equity in Vietnam. The study not only reinforces the important role of the typical customization, trendiness, and word-of-mouth components but also extends the exploitation of the effectiveness of the brand storytelling component in creating an overall social media marketing that is capable of connecting consumers’ emotions, perceptions, and interactive behaviors with the brand simultaneously and potentially transcends the clutter of promotion strategies to impress and help consumers learn deeply about the brand and eventually increase brand equity. The findings of this study are expected to enrich the academic literature on social media marketing in customer engagement and brand development and serve as a useful reference for more effective online marketing solutions.

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