Female Micro-Entrepreneurs and Social Networks: Diagnostic Analysis of the Influence of Social-Media Marketing Strategies on Brand Financial Performance

The business world is facing a very complicated situation due to the COVID-19 pandemic. Small- and medium-sized companies (SMEs)—both in Spain and at the global level—are seeing their survival jeopardized by a fall in revenues. This scenario is aggravated in the case of micro-SMEs headed by female e...

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Main Authors: Ana Isabel Jiménez-Zarco, Jose Antonio Clemente-Almendros, Inés González-González, Jorge Aracil-Jordà
Format: Article
Language:English
Published: Frontiers Media S.A. 2021-04-01
Series:Frontiers in Psychology
Subjects:
Online Access:https://www.frontiersin.org/articles/10.3389/fpsyg.2021.630058/full
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author Ana Isabel Jiménez-Zarco
Ana Isabel Jiménez-Zarco
Jose Antonio Clemente-Almendros
Inés González-González
Inés González-González
Jorge Aracil-Jordà
Jorge Aracil-Jordà
author_facet Ana Isabel Jiménez-Zarco
Ana Isabel Jiménez-Zarco
Jose Antonio Clemente-Almendros
Inés González-González
Inés González-González
Jorge Aracil-Jordà
Jorge Aracil-Jordà
author_sort Ana Isabel Jiménez-Zarco
collection DOAJ
description The business world is facing a very complicated situation due to the COVID-19 pandemic. Small- and medium-sized companies (SMEs)—both in Spain and at the global level—are seeing their survival jeopardized by a fall in revenues. This scenario is aggravated in the case of micro-SMEs headed by female entrepreneurs. Accordingly, micro-SMEs, particularly those led by female entrepreneurs, need to reinvent themselves to overcome the current adversities that could lead to the destruction of their businesses and hence their jobs. One of the ways to do this is to take advantage of digital transformation. Therefore, the aim of this paper is to analyze which variables influence the financial results of female-led Spanish micro-SMEs when they carry out social marketing actions. For that purpose, an online survey was designed and analyzed using the “PROCESS” macro. Results show that social media marketing actions have significant effects on financial performance.
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spelling doaj.art-a624062ad2ec4b1a8daf7023692209732022-12-21T20:20:18ZengFrontiers Media S.A.Frontiers in Psychology1664-10782021-04-011210.3389/fpsyg.2021.630058630058Female Micro-Entrepreneurs and Social Networks: Diagnostic Analysis of the Influence of Social-Media Marketing Strategies on Brand Financial PerformanceAna Isabel Jiménez-Zarco0Ana Isabel Jiménez-Zarco1Jose Antonio Clemente-Almendros2Inés González-González3Inés González-González4Jorge Aracil-Jordà5Jorge Aracil-Jordà6Business Faculty, Open University of Catalonia, Barcelona, SpainMarketing Department, Comillas Pontifical University-ICADE, Madrid, SpainBusiness Faculty, International University of La Rioja, Logroño, SpainBusiness Faculty, International University of La Rioja, Logroño, SpainMarconi International University (MIU), Miami, FL, United StatesBusiness Faculty, International University of La Rioja, Logroño, SpainBLC Group, Madrid, SpainThe business world is facing a very complicated situation due to the COVID-19 pandemic. Small- and medium-sized companies (SMEs)—both in Spain and at the global level—are seeing their survival jeopardized by a fall in revenues. This scenario is aggravated in the case of micro-SMEs headed by female entrepreneurs. Accordingly, micro-SMEs, particularly those led by female entrepreneurs, need to reinvent themselves to overcome the current adversities that could lead to the destruction of their businesses and hence their jobs. One of the ways to do this is to take advantage of digital transformation. Therefore, the aim of this paper is to analyze which variables influence the financial results of female-led Spanish micro-SMEs when they carry out social marketing actions. For that purpose, an online survey was designed and analyzed using the “PROCESS” macro. Results show that social media marketing actions have significant effects on financial performance.https://www.frontiersin.org/articles/10.3389/fpsyg.2021.630058/fullwomen entrepreneursmicro-SMEssocial media marketingfinancial performancedigital transformation
spellingShingle Ana Isabel Jiménez-Zarco
Ana Isabel Jiménez-Zarco
Jose Antonio Clemente-Almendros
Inés González-González
Inés González-González
Jorge Aracil-Jordà
Jorge Aracil-Jordà
Female Micro-Entrepreneurs and Social Networks: Diagnostic Analysis of the Influence of Social-Media Marketing Strategies on Brand Financial Performance
Frontiers in Psychology
women entrepreneurs
micro-SMEs
social media marketing
financial performance
digital transformation
title Female Micro-Entrepreneurs and Social Networks: Diagnostic Analysis of the Influence of Social-Media Marketing Strategies on Brand Financial Performance
title_full Female Micro-Entrepreneurs and Social Networks: Diagnostic Analysis of the Influence of Social-Media Marketing Strategies on Brand Financial Performance
title_fullStr Female Micro-Entrepreneurs and Social Networks: Diagnostic Analysis of the Influence of Social-Media Marketing Strategies on Brand Financial Performance
title_full_unstemmed Female Micro-Entrepreneurs and Social Networks: Diagnostic Analysis of the Influence of Social-Media Marketing Strategies on Brand Financial Performance
title_short Female Micro-Entrepreneurs and Social Networks: Diagnostic Analysis of the Influence of Social-Media Marketing Strategies on Brand Financial Performance
title_sort female micro entrepreneurs and social networks diagnostic analysis of the influence of social media marketing strategies on brand financial performance
topic women entrepreneurs
micro-SMEs
social media marketing
financial performance
digital transformation
url https://www.frontiersin.org/articles/10.3389/fpsyg.2021.630058/full
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