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Embracing Social Media as Business Marketing Tool: Its Use, Opportunities, and Challenges for Micro Businesses

Author

Listed:
  • Donald L. Montenegro

    (North Eastern Mindanao State University, Philippines)

  • PhD, Christine M. Bolabola

    (North Eastern Mindanao State University, Philippines)

  • Rhea Jane D. Lincones

    (North Eastern Mindanao State University, Philippines)

  • Beolita C. Piodo

    (North Eastern Mindanao State University, Philippines)

  • Mary Grace E. Ponlaon

    (North Eastern Mindanao State University, Philippines)

Abstract

The purpose of this study was to analyze the use, opportunities, and challenges of micro-business marketing tools. A valuable marketing tool for micro businesses looking to engage clients and build their business. Social marketing theory aims to merge marketing ideas, principles, tools, strategies, and socially useful concepts to enhance communication and benefit society. This study used a descriptive quantitative research method, with 246 participants filling out survey questionnaires and sharing their thoughts on the usage of social media in micro-business. To provide an overview of impact assessments, a quantitative and subjective questionnaire created by the researcher was employed. Furthermore, the study found that micro-business owners strongly recognize Social media as a powerful tool for micro-business, recognizing its positive impact on business growth, cost reduction, and customer service improvement, and despite acknowledging persistent challenges such as competition and trust issues, the finding emphasizes the potential for Social media to create new opportunities.

Suggested Citation

  • Donald L. Montenegro & PhD, Christine M. Bolabola & Rhea Jane D. Lincones & Beolita C. Piodo & Mary Grace E. Ponlaon, 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, International Journal of Research and Innovation in Social Science (IJRISS), vol. 8(2), pages 658-666, February.
    • Handle: RePEc:bcp:journl:v:8:y:2024:i:2:p:658-666
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    References listed on IDEAS

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    1. Bianchi, Constanza & Andrews, Lynda, 2015. "Investigating marketing managers' perspectives on social media in Chile," Journal of Business Research, Elsevier, vol. 68(12), pages 2552-2559.
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