Do Perceived Benefits Influence the SME Social Media Marketing?: Lesson from COVID-19

Ludi Wishnu Wardana, Rachmad Hidayat, Mohammad Hari, Farij Ibadil Maula, Dani Ajar Baskoro, Angga Martha Mahendra

Abstract

The purpose of this paper is to contribute to highlighting the influence of Financial Support (FS), Perceived Benefits (PB), Perceived Usefulness (PEU), on Social Media Marketing (SMM), and the role of Perceived Ease of Use (PEOU) as mediating variables. We used a quantitative approach with SEM-PLS analysis. East Java Province was chosen for data collection because this province is densely populated and has a diverse population that can represent the Indonesian population. The study participants were 123 SMEs in East Java, Indonesia, which were selected using a google form by the convenience random sample method. The findings indicate that Financial Support (FS), Perceived Benefit (PB), Perceived Usefulness (PEU), and Ease of Use (PEOU) have positive effects on Social Media Marketing (SMM) adoption. Meanwhile, financial support failed to support the SMM adopted by MSMEs. This study found that Ease of Use (PEOU) was prosperous in mediating the influence of Financial Support (FS) and Perceived Benefit (PEU) on Social Media Marketing (SMM). This research is a step related to SMM for MSMEs in Indonesia during the COVID-19 pandemic.

 

Keywords: financial support, perceived benefits, perceived usefulness, perceived ease of use, social media marketing.


Full Text:

PDF


References


AHMAD, S. Z., AHMAD, N., & ABU BAKAR, A. R. (2018). Reflections of entrepreneurs of small and medium-sized enterprises concerning the adoption of social media and its impact on performance outcomes: Evidence from the UAE. Telematics and Informatics, 35(1), 6–17. https://doi.org/10.1016/j.tele.2017.09.006

ALETTA, F., OSBORN, D., & OSBORN, D. (2020). The COVID-19 global challenge and its implications for the environment – what we are learning. UCL Open Environment, 2(1), 8–10. https://doi.org/10.14324/111.444/ucloe.000008

ALNASER, A. S., HABES, M., ALGHIZZAWI, M., & ALI, S. (2020). The Relation among Marketing ads, via Digital Media and mitigate (COVID-19) pandemic in Jordan. International Journal of Advanced Science and Technology, 29(7), 12326-12348.

ALSHEHHI, A., NOBANEE, H., & KHARE, N. (2018). The impact of sustainability practices on corporate financial Performance: Literature trends and future research potential. Sustainability (Switzerland), 10(2). Https://doi.org/10.3390/su10020494

BARTIK, A. W., BERTRAND, M., CULLEN, Z., GLAESER, E. L., LUCA, M., & STANTON, C. (2020). The impact of COVID-19 on small business outcomes and expectations. Proceedings of the National Academy of Sciences of the United States of America, 117(30), 17656–17666. https://doi.org/10.1073/pnas.2006991117

BAYRAMOV, V., HASANOV, R., AGHAYARLI, L., KADYROV, Z., AGHAHASANLI, I., & ISAYEV, S. (2019). A Comparative Study on Development of Small and Medium Enterprises (SME) in Azerbaijan. SSRN Electronic Journal, 99412. https://doi.org/10.2139/ssrn.3485576

BUDZANOWSKA-DRZEWIECKA, M. (2020). Cross-cultural Differences in Electronic Word-of-Mouth: A Literature Review. In I. Černá (Ed.), Proceedings of the 20th International Joint Conference "Central and Eastern Europe in the Changing Business Environment" (pp. 11–22). Oeconomica Publishing House, Prague University of Economics and Business. https://ceeconference.vse.cz/wp-content/uploads/proceedings2020.pdf

CHATTERJEE, S., & KUMAR KAR, A. (2020). Why do small and medium enterprises use social media marketing and what is the impact: Empirical insights from India. International Journal of Information Management, 53, 102103. https://doi.org/10.1016/j.ijinfomgt.2020.102103

DUMITRIU, D., MILITARU, G., DESELNICU, D.C., NICULESCU, A., 和 POPESCU. M. A-M.. (2019). A Perspective Over Modern SME: Managing Brand Equity, Growth and Sustainability Through Digital Marketing Tools and Techniques. Sustainability, 11(7), 2111. https://doi.org/10.3390/su11072111

HAIR JR, J. F., HOWARD, M. C., & NITZL, C. (2020). Assessing measurement model quality in PLS-SEM using confirmatory composite analysis. Journal of Business Research, 109, 101-110.

HEVIA, C., & NEUMEYER, A. (2020). A Conceptual Framework for Analyzing the Economic Impact of COVID-19 and its Policy Implications. COVID19 Policy Document Series, 1, 1–18. https://www.undp.org/content/dam/rblac/Policy Papers COVID 19/UNDP-RBLAC-CD19-PDS-Number1-EN-F2.pdf

IKUMORO, A. O., & JAWAD, M. S. (2019). Intention to Use Intelligent Conversational Agents in e-Commerce among Malaysian SME: An Integrated Conceptual Framework Based on Tri-theories including Unified Theory of Acceptance, Use of Technology (UTAUT), and T-O-E. International Journal of Academic Research in Business and Social Sciences, 9(11). https://doi.org/10.6007/ijarbss/v9-i11/6544

JUERGENSEN, J., GUIMÓN, J., & NARULA, R. (2020). European SME amidst the COVID-19 crisis: assessing impact and policy responses. Journal of Industrial and Business Economics, 47(3), 499–510. https://doi.org/10.1007/s40812-020-00169-4

KHASKHELI, A., JUN, Y., & AHMED BHUIYAN, M. (2017). M-Commerce and Mobile Apps: Opportunities for SME in Developing Countries. Journal of International Business Research and Marketing, 2(2), 20–23. https://doi.org/10.18775/jibrm.1849-8558.2015.22.3003

KIM, T., & CHIU, W. (2019). Consumer acceptance of sports wearable technology: the role of technology readiness. International Journal of Sports Marketing and Sponsorship, 20(1), 109–126. https://doi.org/10.1108/IJSMS-06-2017-0050

LOW, S., ULLAH, F., SHIROWZHAN, S., SEPASGOZAR, S. M. E., & LEE, C. L. (2020). Intelligent digital marketing capabilities for sustainable property development: A case of Malaysia. Sustainability (Switzerland), 12(13). https://doi.org/10.3390/su12135402

MOSLEHPOUR, M., PHAM, V. K., WONG, W. K., & BILGIÇLI, I. (2018). E-purchase intention of Taiwanese consumers: Sustainable mediation of perceived usefulness and ease of use. Sustainability (Switzerland), 10(1). https://doi.org/10.3390/su10010234

MUTAHAR, A. M., DAUD, N. M., THURASAMY, R., ISAAC, O., & ABDULSALAM, R. (2018). The Mediating of Perceived Usefulness and Perceived Ease of Use. International Journal of Technology Diffusion, 9(2), 21–40. https://doi.org/10.4018/ijtd.2018040102

PAPADOPOULOS, T., BALTAS, K. N., & BALTA, M. E. (2020). The use of digital technologies by small and medium enterprises during COVID-19: Implications for theory and practice. International Journal of Information Management, 55, 102192. Https://doi.org/10.1016/j.ijinfomgt.2020.102192

PATMA, T. S., WARDANA, L. W., WIBOWO, A., & NARMADITYA, B. S. (2020). The Shifting of Business Activities during the COVID-19 Pandemic: Does Social Media Marketing Matter? The Journal of Asian Finance, Economics, and Business, 7(12), 283–292. https://doi.org/10.13106/jafeb.2020.vol7.no12.283

SADOWSKI, B. M., MAITLAND, C., & VAN DONGEN, J. (2002). Strategic use of the internet by small- and medium-sized companies: An exploratory study. Information Economics and Policy, 14(1), 75–93. https://doi.org/10.1016/S0167-6245(01)00054-3

SHAREEF, M. A., MUKERJI, B., DWIVEDI, Y. K., RANA, N. P., & ISLAM, R. (2019). Social media marketing: Comparative effect of advertisement sources. Journal of Retailing and Consumer Services, 46, 58–69. https://doi.org/10.1016/j.jretconser.2017.11.001

SHEMI, A. P., & PROCTER, C. (2018). E-commerce and entrepreneurship in SME: a case of my bot. Journal of Small Business and Enterprise Development, 25(3), 501–520. https://doi.org/10.1108/JSBED-03-2017-0088

SONG, H., YANG, X., & YU, K. (2020). How do supply chain networks and some operational capabilities enhance working capital financing? An integrative signaling view. International Journal of Production Economics, 220, 107447. https://doi.org/10.1016/j.ijpe.2019.07.020

TUBAISHAT, A. (2018). Perceived usefulness and perceived ease of use of electronic health records among nurses: Application of Technology Acceptance Model. Informatics for Health and Social Care, 43(4), 379–389. https://doi.org/10.1080/17538157.2017.1363761

WARDANA, L. W., NARMADITYA, B. S., WIBOWO, A., MAHENDRA, A. M., WIBOWO, N. A., HARWIDA, G., & ROHMAN, A. N. (2020). The impact of entrepreneurship education and students’ entrepreneurial mindset: the mediating role of attitude and self-efficacy. Heliyon, 6(9), e04922. https://doi.org/10.1016/j.heliyon.2020.e04922

WISE, T., ZBOZINEK, T. D., MICHELINI, G., HAGAN, C. C., & MOBBS, D. (2020). Changes in risk perception and self-reported protective behavior during the first week of the COVID-19 pandemic in the United States: COVID-19 risk perception and behavior. Royal Society Open Science, 7(9). https://doi.org/10.1098/rsos.200742rsos200742

YADAV, M. S., & PAVLOU, P. A. (2020). Technology-enabled interactions in digital environments: a conceptual foundation for current and future research. Journal of the Academy of Marketing Science, 48(1), 132–136. https://doi.org/10.1007/s11747-019-00712-3


Refbacks

  • There are currently no refbacks.