Riding the waves of social commerce: an empirical study of Malaysian entrepreneurs
The emergence of social media has made it possible for a person with internet connection to communicate with thousands of other people. Because of the heavy usage of social media there is substantial interest in making this medium a commercial site, particularly among entrepreneurs who want to exp...
Saved in:
Main Authors: | , , |
---|---|
Format: | Article |
Language: | English |
Published: |
School of Social, Development and Environmental Studies, Faculty of Social Sciences and Humanities, Universiti Kebangsaan Malaysia
2016
|
Online Access: | http://journalarticle.ukm.my/9815/1/8x.geografia-si-feb16-noorazuan-edam_%281%29.pdf http://journalarticle.ukm.my/9815/ http://www.ukm.my/geografia/v2/index.php?cont=a&item=2&thn=2016&vol=12&issue=2&ver=loc |
Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
Summary: | The emergence of social media has made it possible for a person with internet connection to communicate with
thousands of other people. Because of the heavy usage of social media there is substantial interest in making this
medium a commercial site, particularly among entrepreneurs who want to explore the potential of their businesses.
Any entrepreneur can experience various benefits and effects from advertising their products and services on social
media, including an increase in the number of fans and advertisement views and/or an increase in sales and return on
investment as social media channel product and business information to targeted customers at a minimal cost.
However, there are limited studies on social media, particularly how it affects business interaction, which formed the
focus of this study. Face-to-face surveys were conducted involving 105 Malaysian entrepreneurs who had access to
social media. The findings revealed that most entrepreneurs in this study believed that social commerce is the future
way of doing their businesses. In fact, they believed that every entrepreneur needs to engage with social media as
they would not only allow the entrepreneur to discuss his products and services with other people but also assist
him to make vital and critical business decisions. |
---|