Digital Storefronts: Effectiveness of Social Media Marketing Among Small Businesses
DOI:
https://doi.org/10.5281/zenodo.21758358Keywords:
social media marketing, small business, MSME, digital marketing effectiveness, revenue growth, customer acquisitionAbstract
The importance of social media marketing for small businesses in the provincial business environment of the present times is growing day by day. This study determined the effectiveness of social media marketing strategies on small businesses in Santiago City, Philippines particularly on important parameters such as an increase in revenues and customer acquisition. A structured survey questionnaire was given to 100 micro and small enterprises (MSEs) in the retail, food & beverage, agri-trading, and service sectors to get data on their social media practices, perceived effectiveness, problems faced, and future plans. To obtain a qualitative understanding of social media marketing strategies and their perceived results in business, interviews and case studies were conducted with business owners and managers. The findings imply that social media marketing is still significant for the connection and visibility of MSMEs in Santiago City, however, business performance does not seem to improve from just posting more or favoring certain platforms. In fact, other marketing strategies that are not related to social media, such as targeting tactics, content quality, and overall marketing initiatives, may be more important business growth drivers. Through this study, there can be a better understanding of the impediments to MSME owners in implementing social media marketing and can provide practical insights for local entrepreneurs and policymakers to strengthen their digital marketing capacity.
Downloads
References
Aguilar, N., Ongon, C., Samulde, H., Cleofe, N., Gerpacio, A., & Melo, M. (2022). Influence of social media marketing on the brand performance of the students’ small online businesses. World Journal of Advanced Research and Reviews, 16(2), 876–886. https://doi.org/10.30574/wjarr.2022.16.2.1245
Al-Hooti, Z., Alawi, A. A., Ahmed, Z., & Al-Busaidi, T. (2024). Impact of social media marketing, innovation, and effective management on SMEs performance: A conceptual study. In A. M. A. Musleh Al-Sartawi (Ed.), Global economic revolutions: Big data governance and business analytics for sustainability (ICGER 2023) (pp. 415–427). Springer. https://doi.org/10.1007/978-3-031-55896-2_35
Amegbe, H., Zungu, N. P., & Hanu, C. (2023). SMEs social media adoption and financial and non-financial marketing performance. Management Science Letters, 13(3), 162–174. https://doi.org/10.5267/j.msl.2023.4.005
Aria, E., Tanyag, M. M., & Delos Santos, R. J. (2021). The impact of Facebook advertising on small and medium enterprises in the Philippines during the COVID-19 pandemic. Journal of International Studies, 14(1), 107–119. https://doi.org/10.14254/2071-8330.2021/14-1/8
Dalmacio, G. (2023). The role of social network marketing to micro, small, and medium enterprises in Luzon area. International Journal of Research Publications, 126(1), Article 1001261620224982. https://doi.org/10.47119/ijrp1001261620224982
Department of Trade and Industry. (2024). 2023 Philippine MSME statistics in brief. Republic of the Philippines. https://www.dti.gov.ph/resources/msme-statistics/
Duwi Agustina, Yusnita, M., & Fitari, T. (2024). Optimizing the use of social media and e-payment gateways on MSME performance. Integrated Journal of Business and Economics, 8(2), 231–241. https://doi.org/10.33019/ijbe.v8i2.753
Frimpong, S. E., Agyapong, G., & Agyapong, D. (2022). Financial literacy, access to digital finance and performance of SMEs: Evidence from Central region of Ghana. Cogent Economics & Finance, 10(1), Article 2121356. https://doi.org/10.1080/23322039.2022.2121356
Fu, C.-J., Silalahi, A. D. K., Yang, L.-W., & Eunike, I. J. (2024). Advancing SME performance: A novel application of the technological-organizational-environment framework in social media marketing adoption. Cogent Business & Management, 11(1), Article 2360509. https://doi.org/10.1080/23311975.2024.2360509
Guillen Jr., N. B., & Lim, C. T. (2023). Unlocking growth opportunities for Philippine micro, small, and medium enterprises through Facebook advertising and growth hacking strategies in the post-pandemic era. International Journal of Multidisciplinary: Applied Business and Education Research, 4(8), 2884–2893. https://doi.org/10.11594/ijmaber.04.08.26
Gupta, R., Sahu, B. K., Dwivedi, N., & Botla, L. (2024). Effectiveness of social media marketing in small businesses. Journal of Emerging Technologies and Innovative Research, 11(4), k655–k670.
Herawati, A. F., Yusuf, M., Cakranegara, P. A., Sampe, F., & Haryono, A. (2024). Social media marketing in the promotion of incubator business programs. Jurnal Darma Agung, 30(2), 623–633. https://doi.org/10.46930/ojsuda.v30i2.3912
Jiménez-Zarco, A. I., Clemente-Almendros, J. A., González-González, I., & Aracil-Jordà, J. (2021). Female micro-entrepreneurs and social networks: Diagnostic analysis of the influence of social-media marketing strategies on brand financial performance. Frontiers in Psychology, 12, Article 630058. https://doi.org/10.3389/fpsyg.2021.630058
Lestari, R. B., Sulastri, Shihab, M. S., & Andriana, I. (2024). Social media marketing and its impact on SMEs’ business performance in Palembang, South Sumatera. KnE Social Sciences, 9(14), 503–515. https://doi.org/10.18502/kss.v9i14.16121
Lumbab Jr., R. S., Zamora, J. M., & Jucom, L. N. (2024). Social media integration and financial performance of selected micro retail businesses in Cebu City. International Journal of Multidisciplinary: Applied Business and Education Research, 5(3), 1024–1037. https://doi.org/10.11594/ijmaber.05.03.25
Montenegro, D. L., Bolabola, C. M., Lincones, R. J. D., Piodo, B. C., & Ponlaon, M. G. E. (2024). Embracing social media as business marketing tool: Its use, opportunities, and challenges for micro businesses. International Journal of Research and Innovation in Social Science, 8(2), 658–666. https://doi.org/10.47772/IJRISS.2024.8243
Mufadhol, M., Tutupoho, F., Nanulaita, D. T., de Bell, A. Z., & Prabowo, B. (2024). The influence of posting frequency, content quality, and interaction with customers on social media on customer loyalty in a start-up business. West Science Business and Management, 2(2), 582–594. https://doi.org/10.58812/wsbm.v2i02.966
Mustafa, H., Al-Tkhayneh, K. M., Imtiaz, R., Hadi, S. A., Al Qaruty, R., Abokhoza, R., & Ellala, Z. K. (2023). The impact of using WhatsApp Business (API) in marketing for small business. In 2023 Tenth International Conference on Social Networks Analysis, Management and Security (SNAMS) (pp. 1–6). IEEE. https://doi.org/10.1109/SNAMS60348.2023.10375419
Noviaristanti, S., Yunita, S. C., & Triono, S. P. H. (2023). Social media usage impacts on SME’s firm performance: Evidence from West Java, Indonesia. Indonesian Journal of Business and Entrepreneurship, 9(2), 285–294. https://doi.org/10.17358/ijbe.9.2.285
Qalati, S. A., Ostic, D., Sulaiman, M. A. B. A., Gopang, A. A., & Khan, A. (2022). Social media and SMEs’ performance in developing countries: Effects of technological-organizational-environmental factors on the adoption of social media. SAGE Open, 12(2), 1–16. https://doi.org/10.1177/21582440221094594
Rellosa, L. S. M., Escartin, S. K. C., Reyes, Q. N. A., & Ventura, G. G. S. (2023, March 3–4). Malikhaing Kamay: The effects of social media marketing on sales performance of Micro, Small, and Medium Enterprises (MSME) [Paper presentation]. De La Salle University Student Research Congress, Manila, Philippines.
Santos, A. R., Ortiz, A. F., Fronda, J. G., Galano, J. A., & Savellano, J. N. (2024). Effective approaches to enhance social media marketing for Philippine small enterprises. International Review of Management and Marketing, 14(5), 205–215. https://doi.org/10.32479/irmm.16773
Sharabati, A.-A. A., Ali, A. A. A., Allahham, M. I., Hussein, A. A., Alheet, A. F., & Mohammad, A. S. (2024). The impact of digital marketing on the performance of SMEs: An analytical study in light of modern digital transformations. Sustainability, 16(19), Article 8667. https://doi.org/10.3390/su16198667
Shauri, N., Magaria, B., & Masanyiwa, Z. (2023). Utilization of social media and its implications on the performance of SMEs in Dodoma City, Tanzania. Open Journal of Business and Management, 11(2), 660–672. https://doi.org/10.4236/ojbm.2023.112035
Zhang, F., & Zhu, L. (2021). Social media strategic capability, organizational unlearning, and disruptive innovation of SMEs: The moderating roles of TMT heterogeneity and environmental dynamism. Journal of Business Research, 133, 183–193. https://doi.org/10.1016/j.jbusres.2021.04.071
Downloads
Published
Issue
Section
License

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.