THE ROLE OF SOCIAL MEDIA IN DRIVING DIGITAL BUSINESS SUCCESS IN THE GLOBAL MARKET

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Herry Mulyono
Alberta Ingriana
Carmel Karaniya Wigayha
Jeremy Chondro

Abstract

This study adopts a literature review approach to analyze the role of social media in digital business success. Data collected through various sources, including leading journals accessed using Mendeley and Scopus software using the PRISMA diagram method, resulted in 46 articles related to social media and digital business from 2019 to 2024. While it provides valuable insights, the study has limitations, such as focusing on a specific period and the possibility that there are current publications that have not been covered. In conclusion, this study shows that social media increases customer engagement, brand loyalty, and supports innovation and digital transformation of companies. However, key challenges include brand reputation and privacy management, which requires a clear marketing strategy and audience understanding to improve marketing effectiveness in the ever-evolving digital age.

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References

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