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The Effectiveness of Social Media Platforms As The New Market Platform For Small Scale Business Owners in Moncada
The Effectiveness of Social Media Platforms As The New Market Platform For Small Scale Business Owners in Moncada
CHAPTER 1
THE PROBLEM AND ITS BACKGROUND
Introduction
Social Media is a type of internet communication that enables
users to communicate with consumers and exchange information
in real-time. The use of different social media sites is to share
something about ourselves, daily lives of people, or posting
opinions on something. When people saw the potential of the
internet, new approaches were developed and companies started
to create websites to communicate with their customers online.
There are many types of social media accounts, including
Facebook, Twitter, Snapchat, and Instagram, blog sites, and
various company websites have been the latest trend in the
market despite some.
As social media gains more importance, managers are a
force to quantify its return on sales as its prominence
grows. As the hottest new marketing concept, social media
marketing helps every business owner to know the value
that their business can generate in time. Nowadays people
tend to collect and share information that can alert others
through social media. Understanding how technology is
making it simpler for individuals to engage socially with
their social networks, and how your business can profit
from that understanding, is the goal of social media
marketing.
Statement of the Problem
This study aimed to determine the effect of social media on
small scale business owners in Moncada Tarlac as the new
market.
To the Business Owners: the findings of this study may assist them in gaining useful
information on how to do business as well as knowledge on methods for dealing with the
effects of the pandemic and the probable implications that may be taken from the study's
findings.
To the aspiring Business Owners: this study will inform them which social
media channels they can use to advertise their prospective company. They
might learn how to develop and implement plans, as well as how to use
safety safeguards with both consumers and vendors.
To the future Researchers: they will benefit from it and can use it as a
source or reference. This research will give the foundation data
required by future researchers and studies relevant to this subject.
Definition of Terms
Social Media - The term social media refers to a computer-based technology that
facilitates the sharing of ideas, thoughts, and information through virtual networks and
communities. Social media is internet-based and gives users quick electronic
communication of content, such as personal information, documents, videos, and
photos. Users engage with social media via a computer, tablet, or smartphone via
web-based software or applications.
Research design
Respondent of the study
Sample and Sampling
Technique
Respondents of the Study
n
N=
1+Ne2
Where:
n = number of sample size
N = total population
e = confidence
level/margin error
The Distribution of the Respondents is reflected in Table 1
Table 1
Number of Online Marketers
Places in the Vicinity of Moncada Selected Respondents
San Leon 4 4
Poblacion 2 3 3
Calamay 4 4
San Juan 4 4
Aringin 5 5
Baquero Sur
5 5
Total 25 25
Research Instruments
Data Gathering Procedure
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