Abstract

This research examines the factors that contribute to the utilization of social media by the small and medium-sized enterprises (SMEs) operating in the food industry in Brunei Darussalam. It also investigates how social media provides opportunities to SMEs. This research was done using a quantitative method through primary research that was focused on small and medium-sized food vendors in Brunei Darussalam. Survey questions were distributed to food SMEs and vendors, who use social media to assist them in conducting their business, to serve as a guideline to understand how social media networks can lead to positive business outcomes and how understanding key factors may lead to optimizing product portfolios and to discover new opportunities for their business to expand. Based on the authors' research, cost effectiveness was found to influence social media usage among the small and medium food vendors in Brunei. Factors such as trust, interactivity and compatibility, however were not found to be the factors influencing the utilization of social media.

Highlights

  • Social media has been globally accepted as effective media for communication and collaboration as it provides many advantages which are not offered by other media such as cost-effective, many-tomany interactivity and rich in information content in various forms (Baruah, 2012)

  • Survey questions were distributed to food small and medium-sized enterprises (SMEs) and vendors, who use social media to assist them in conducting their business, to serve as a guideline to understand how social media networks can lead to positive business outcomes and how understanding key factors may lead to optimizing product portfolios and to discover new opportunities for their business to expand

  • From Hypothesis Testing Hypothesis rejected Hypothesis rejected Hypothesis rejected Hypothesis accepted in improving SME Key Performance Indicators (KPIs)

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Summary

Introduction

Social media has been globally accepted as effective media for communication and collaboration as it provides many advantages which are not offered by other media such as cost-effective, many-tomany interactivity and rich in information content in various forms (multimedia) (Baruah, 2012). As such, it has become an important part of people’s lives to connect and keep updated with their relatives and friends. The sample of this study would be those food vendors who use social media to do their business.

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