Abstract
Firms are internationalising, leveraging on social media marketing, but scholars posit that technology solely cannot lead to export performance unless it is integrated with other strategic resources. Using the resource-advantage theory, this chapter seeks to address the question on the appropriate resource combinations enabling firms to achieve export performance. It further introduces export relationship performance as a dimension for evaluating the performance of exporting small- and medium-scale enterprises on social media. Additionally, the chapter presents a framework on social media export marketing performance capabilities.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
Akar, E., & Topçu, B. (2011). An examination of the factors influencing consumers’ attitudes toward social media marketing. Journal of Internet Commerce, 10(1), 35–67.
Alarcón-del-Amo, M. C., Rialp, A., & Rialp, J. (2015). The effect of social media adoption on exporting firms’ performance. Advances in International Marketing, 25, 161–186.
Alarcón-del-Amo, M. C., Rialp, A., & Rialp, J. (2016). Social media adoption by exporters: The export-dependence moderating role. Spanish Journal of Marketing—ESIC, 20, 81–92.
Alarcón-del-Amo, M. C., Rialp, A., & Rialp, J. (2017). Examining the impact of managerial involvement with social media on Exporting firm performance. International Business Review. https://doi.org/10.1016/j.ibusrev.2017.09.003
Ananda, A. S., Hernández-GarcÃa, A., & Lamberti, L. (2016). N-REL: A comprehensive framework of social media marketing strategic actions for marketing organizations. Journal of Innovation & Knowledge, 1(3), 170–180.
Barney, J. (1991). Firm resources and sustained competitive advantage. Journal of Management, 17(1), 99–120.
Barua, M. E., & Michie, D. A. (2014, November 4–8). The role of opportunism within the context of resource advantage theory: A conceptual framework. In Meter, R. V., & Weiser, J. (Eds.), Advances in marketing transformational marketing: Proceedings of 2014 Society for Marketing Advances, New Orleans. Houston: Society for Marketing Advances. Retrieved from https://www.societyformarketingadvances.org/resources/Documents/Resources/Conference%20Proceedings/2014_SMA_Proceedings.pdf#page=412.
Beleska-Spasova, E. (2014). Determinants and measures of export performance—Comprehensive literature review. JCEBI, 1(1), 63–74.
Berthon, P. R., Pitt, L. F., Plangger, K., & Shapiro, D. (2012). Marketing meets Web 2.0, social media, and creative consumers: Implications for international marketing strategy. Business Horizons, 55, 261–271.
Bharadwaj, A. S. (2000). A resource-based perspective on information technology capability and firm performance: An empirical investigation. MIS Quarterly, 24(1), 169–196.
Bharadwaj, A., Bharadwaj, S., & Konsynski, B. (1999). Information technology effects on firm performance as measured by Tobin’s q. Management Science, 45(7), 1008–1024.
Boateng, R., Heeks, R., Molla, A., & Hinson, R. (2011). Advancing e-commerce beyond readiness in a developing country: Experiences of Ghanaian firms. Journal of Electronic Commerce in Organizations, 9(1), 1–16.
Bruhn, M., Schoenmueller, V., & Schäfer, D. B. (2012). Are social media replacing traditional media in terms of brand equity creation? Management Research Review, 35(9), 770–790.
Chikandiwa, S. T., Contogiannis, E., & Jembere, E. (2013). The adoption of social media marketing in South African banks. European Business Review, 25(4), 365–381.
Chang, Y. T., Yu, H., & Lu, H. P. (2015). Persuasive messages, popularity cohesion, and message diffusion in social media marketing. Journal of Business Research, 68(4), 777–782.
Compass-UPS. (n.d.). Retrieved from https://compass.ups.com/how-social-media-can-boost-exports/
Constantinides, E. (2014). Foundations of social media marketing. Procedia—Social and Behavioral Sciences, 14, 40–57.
Day, G. S. (1994). The capabilities of market-driven organizations. Journal of Marketing, 58(4), 37–52.
Elena, C. A. (2016). Social media—A strategy in developing customer relationship management. Procedia Economics and Finance, 39, 785–790.
Erkan, I., & Evans, C. (2016). The influence of eWOM in social media on consumers’ purchase intentions: An extended approach to information adoption. Computers in Human Behavior, 61, 47–55.
Felix, R., Rauschnabel, P. A., & Hinsch, C. (2017). Elements of strategic social media marketing: A holistic framework. Journal of Business Research, 70, 118–126.
Galati, A., Crescimanno, M., Tinervian, S., & Fagnani, F. (2017). Social media as a strategic marketing tool in the Sicilian wine industry: Evidence from Facebook. Wine Economics and Policy, 6, 40–47.
Genc, M., & Oksuz, B. (2015). A fact or an illusion: Effective social media usage of female entrepreneurs. Procedia—Social and Behavioral Sciences, 195, 293–300.
Godey, B., Manthiou, A., Pederzoli, D., Rokka, J., Aiello, G., Donvito, R., & Singh, R. (2016). Social media marketing efforts of luxury brands: Influence on brand equity and consumer behavior. Journal of Business Research, 69(12), 5833–5841.
Gregory, G. D., Ngo, L. V., & Karavdic, M. (2017). Developing e-commerce marketing capabilities and efficiencies for enhanced performance in business-to-business export ventures. Industrial Marketing Management. https://doi.org/10.1016/j.indmarman.2017.03.002
Grönroos, C. (1994). From marketing mix to relationship marketing: Towards a paradigm shift in marketing. Management Decision, 32(2), 4–20.
Hinson, R. (2010). The value chain and e-business in exporting: Case studies from Ghana’s non-traditional export (NTE) sector. Telematics and Informatics, 27, 323–340.
Hu, Y.-C., & Wang, F. C.-C. (2009). Collectivism, corporate social responsibility, and resource advantages in retailing. Journal of Business Ethics, 86(1), 1–13.
Hunt, S. D. (2001). Commentary—A general theory of competition: Issues, answers and an invitation. European Journal of Marketing, 35(5/6), 524–548.
Hunt, S. D. (2011). Developing successful theories in marketing: Insights from resource-advantage theory. AMS Review, 1, 72–84.
Hunt, S. D. (2012). The evolution of resource-advantage theory: Six events, six realizations, six contributions. Journal of Historical Research in Marketing, 4(1), 7–29.
Hunt, S. D., & Arnett, D. B. (2003). Resource-advantage theory and embeddedness: Explaining R-A theory’s explanatory success. Journal of Marketing Theory and Practice, 11(1), 1–17.
Hunt, S. D., & Morgan, R. M. (1995). The comparative advantage theory of competition. Journal of Marketing, 59, 1–15.
Hunt, S. D., & Morgan, R. M. (1997). Resource-advantage theory: A snake swallowing its tail or a general theory of competition? Journal of Marketing, 61, 74–82.
Ibeh, K. I. N., & Wheeler, C. N. (2005). A resource-centred interpretation of export performance. International Entrepreneurship and Management Journal, 1, 539–556.
Kaplan, A. M., & Haenlein, M. (2010). Users of the world, unite! The challenges and opportunities of social media. Business Horizons, 53(1), 59–68.
Kietzmann, J. H., Hermkens, K., McCarthy, I. P., & Silvestre, B. S. (2011). Social media? Get serious! Understanding the functional building blocks of social media. Business Horizons, 54, 241–251.
Killian, G., & McManus, K. (2015). A marketing communications approach for the digital era: Managerial guidelines for social media integration. Business Horizons, 58, 539–549.
Kim, E., & Drumwright, M. (2016). Engaging consumers and building relationships in social media: How social relatedness influences intrinsic vs. extrinsic consumer motivation. Computer Human Behaviour, 63, 970–979.
Klein, C. C. (2007). The Economics of Time as a resource. Retrieved from http://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.329.7498&rep=rep1&type=pdf.
Lages, L. F., & Lages, C. R. (2004). A measure of short-term export performance improvement. Journal of International Marketing, 12(1), 36–56.
Lu, V. N., & Julian, C. C. (2008). The internet, strategy and performance: A study of Australian export market ventures. Journal of Global Marketing, 21(3), 231–240.
Luo, X., Zhang, J., & Duan, W. (2013). Social media and firm equity value. Information Systems Research, 24(1), 146–163.
Malthouse, E. C., Haenlein, M., Skiera, B., Wege, E., & Zhang, M. (2013). Managing customer relationships in the social media era: Introducing the social CRM house. Journal of Interactive Marketing, 27(4), 270–280.
Mangold, W. G., & Faulds, D. J. (2009). Social media: The new hybrid element of the promotion mix. Business Horizons, 52(4), 357–365.
Martin, J., Goncalves, R., Oliveira, T., Cota, M., & Branco, F. (2016). Understanding the determinants of social network sites adoption at firm level: A mixed methodology approach. Electronic Commerce Research and Applications, 18, 10–26.
Mehrtens, J., Cragg, P. B., & Mills, A. M. (2001). A model of Internet adoption by SMEs. Information & Management, 39, 165–176.
Morgan, N. A., Vorhies, D. W., & Mason, C. H. (2009). Market orientation, marketing capabilities, and firm performance. Strategic Management Journal, 30, 909–920.
Moro, S., Rita, P., & Vala, B. (2016). Predicting social media performance metrics and evaluation of the impact on brand building: A data mining approach. Journal of Business Research, 69(9), 3341–3351.
Nguyen, B., Yu, X., Melewar, T. C., & Chen, J. (2015). Brand innovation and social media: Knowledge acquisition from social media, market orientation, and the moderating role of social media strategic capability. Industrial Marketing Management, 51, 11–25.
Odoom, R., Anning-Dorson, T., & Acheampong, G. (2017). Antecedents of social media usage and performance benefits in small- and medium-sized enterprises (SMEs). Journal of Enterprise Information Management, 30(3), 383–399.
Okazaki, S., & Taylor, C. R. (2013). Social media and international advertising: Theoretical challenges and future directions. International Marketing Review, 30(1), 56–71.
Opoku, R. A., Abratt, R., Bendixen, M., & Pitt, L. (2007). Communicating brand personality: Are the web sites doing the talking for food SMEs? Qualitative Market Research: An International Journal, 10(4), 362–374.
O’Reilly, T. (2007). What is Web 2.0: Design patterns and business models for the next generation of software. Retrieved from http://www.oreilly.com/pub/a/web2/archive/what-is-web-20.html.
Packer, R. (2011). Social media marketing: The art of conversational sales. Retrieved from https://wsimarketbuilders.com/socialmediamarketingwhitepaper.pdf.
Paniagua, J., Korzynski, P., & Mas-Tur, A. (2016). Crossing borders with social media: Online social networks and FDI. European Management Journal, 35(3), 314–326.
Paniagua, J., & Sapena, J. (2014). Business performance and social media: Love or hate? Business Horizons, 57, 719–728.
Paul, J., Parthasarathy, S., & Gupta, P. (2017). Exporting challenges of SMEs: A review and future research agenda. Journal of World Business, 52, 327–342.
Rasiah, R., & Myint, M. M. (2013). Ownership, technological capabilities and exports of garment firms in Myanmar. Technological and Economic Development of Economy, 19(1), S22–S42.
Rest, J.-P., & Roper, A. (2013). A resource-advantage perspective on pricing: Shifting the focus from ends to means-end in pricing research? Journal of Strategic Marketing, 21(6), 484–498.
Schlegelmilch, B. B. (2011). Commentary on developing successful theories in marketing: Insights from resource-advantage theory. Academy of Marketing Science Review, 1, 85–89.
Schultz, D. E., & Peltier, J. (2013). Social media’s slippery slope: Challenges, opportunities and future research directions. Journal of Research in Interactive Marketing, 7(2), 86–99.
Seggie, S. H., & Griffith, D. A. (2008). The resource matching foundations of competitive advantage: An alternative perspective on the globalization of service firms. International Marketing Review, 25(3), 262–275.
Sinkovics, N., Sinkovics, R. R., & Jean, R. B. (2013). The internet as an alternative path to internationalization? International Marketing Review, 30(2), 130–155.
Socialpilot.co. (n.d.). Retrieved May 3, 2017, from https://socialpilot.co/blog/125-amazing-social-media-statistics-know-2016/.
Stoian, M. C., Rialp, A., & Rialp, J. (2011). Export performance under the microscope: A glance through Spanish lenses. International Business Review, 20(2), 117–135.
Teng, S., Khong, K. W., Chong, A. Y. L., & Lin, B. (2017). Persuasive electronic word-of-mouth messages in social media. Journal of Computer. Information Systems, 57(1), 76–88.
Thoeni, A. T., Marshall, G. W., & Campbell, S. M. (2016). A resource-advantage theory typology of strategic segmentation. European Journal of Marketing, 50(12), 2192–2215.
Trainor, K. J., Andzulis, J. M., Rapp, A., & Agnihotri, R. (2014). Social media technology usage and customer relationship performance: A capabilities-based examination of social CRM. Journal of Business Research, 67(6), 1201–1208.
Tuten, T. L., & Solomon, M. R. (2015). Social media marketing (2nd ed.). Sage.
Wang, W. Y. C., Pauleen, D. J., & Zhang, T. (2016). How social media applications affect B2B communication and improve business performance in SMEs. Industrial Marketing Management, 54, 4–14.
Wang, Z., & Kim, H. G. (2017). Can social media marketing improve customer relationship capabilities and firm performance? Dynamic capability perspective. Journal of Interactive Marketing, 39, 15–26.
Wignaraja, G. (2002). Firm size, technological capabilities and market-oriented policies in Mauritius. Oxford Development Studies, 30(1), 87–104.
Yadav, M., & Rahman, Z. (2017). Measuring consumer perception of social media marketing activities in e-commerce industry: Scale development & validation. Telematics and Informatics, 34, 1294–1307.
Zhu, Y-Q., & Chen, H-G. (2015). Social media and human need satisfaction: Implications for social media marketing. Business Horizons, 58, 335–345.
Author information
Authors and Affiliations
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2020 The Author(s)
About this chapter
Cite this chapter
Avornyo, F., Mahmoud, M.A., Adeola, O., Hinson, R.E., Boateng, R. (2020). Social Media Technologies and Export Marketing. In: George, B., Paul, J. (eds) Digital Transformation in Business and Society. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-08277-2_5
Download citation
DOI: https://doi.org/10.1007/978-3-030-08277-2_5
Published:
Publisher Name: Palgrave Macmillan, Cham
Print ISBN: 978-3-030-08276-5
Online ISBN: 978-3-030-08277-2
eBook Packages: Business and ManagementBusiness and Management (R0)