EconPapers    
Economics at your fingertips  
 

The use of new‐media marketing in the green industry: Analysis of social media use and impact on sales

Becatien Yao, Aleksan Shanoyan, Hikaru Hanawa Peterson, Cheryl Boyer and Lauri Baker

Agribusiness, 2019, vol. 35, issue 2, 281-297

Abstract: During the recession, the decline in home value and home ownership reduced the demand for ornamental plants, lawn and garden products, and related services, which resulted in significantly negative effect on the green industry revenues. Postrecession consolidation in the United States green industry has forced smaller firms to re‐evaluate their marketing strategies. New‐media marketing has gained attention as a relatively low‐cost and high‐exposure marketing strategy. This paper utilizes binary logit and interval censored regression to examine the use and the impact of social‐media marketing in the green industry. The analysis was based on primary data from a survey of US nurseries and garden centers. The findings reveal that the daily use of social‐media marketing is largely driven by the network effect and the managers’ attitudes. They also indicate that the small‐sized firms receive higher returns from social media use in terms of increased sales compared with larger firms.

Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://doi.org/10.1002/agr.21581

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wly:agribz:v:35:y:2019:i:2:p:281-297

Access Statistics for this article

Agribusiness is currently edited by Ronald W. Cotterill

More articles in Agribusiness from John Wiley & Sons, Ltd.
Bibliographic data for series maintained by Wiley Content Delivery ().

 
Page updated 2025-03-20
Handle: RePEc:wly:agribz:v:35:y:2019:i:2:p:281-297