Using social media in the business of small and medium-sized enterprises in Serbia

Today's era of digitalization and rapid technological change presents an opportunity for small and medium-sized enterprises (SMEs) to significantly improve their competitiveness by following and applying these achievements. One such aspect is the use of social media, which can significantly inc...

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Main Authors: Krsto Jakšić, Slaviša Trajković, Mihajlo Đurović
Format: Article
Language:English
Published: Toplica Academy of Applied Studies, Department of Business Studies Blace 2025-02-01
Series:BizInfo
Subjects:
Online Access:https://bizinfo.edu.rs/index.php/bizinfo/article/view/377
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author Krsto Jakšić
Slaviša Trajković
Mihajlo Đurović
author_facet Krsto Jakšić
Slaviša Trajković
Mihajlo Đurović
author_sort Krsto Jakšić
collection DOAJ
description Today's era of digitalization and rapid technological change presents an opportunity for small and medium-sized enterprises (SMEs) to significantly improve their competitiveness by following and applying these achievements. One such aspect is the use of social media, which can significantly increase their presence in new markets and thus increase sales volume. Social media technologies enable new ways of communicating with consumers and other partners, thus overcoming resource constraints. This paper aims to analyze the use of social media by small and medium-sized enterprises in the Republic of Serbia and provides a comparative analysis of the use of web sites and social networks in enterprises from neighboring countries, as well as in the European Union. The results indicate lower use of social media by small and medium-sized enterprises compared to large ones in the Republic of Serbia. At the same time, the results show higher use of social media by enterprises in the Republic of Serbia compared to neighboring countries.
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issn 2217-2769
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language English
publishDate 2025-02-01
publisher Toplica Academy of Applied Studies, Department of Business Studies Blace
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spelling doaj-art-9435f22f9c024b119f44ee137067c3dd2025-08-20T03:14:10ZengToplica Academy of Applied Studies, Department of Business Studies BlaceBizInfo2217-27692406-23242025-02-01161636810.71159/bizinfo250007J364Using social media in the business of small and medium-sized enterprises in SerbiaKrsto Jakšić0Slaviša Trajković1Mihajlo Đurović2University of Priština, Faculty of Economics in Kosovska Mitrovica, SerbiaUniversity of Priština, Faculty of Economics in Kosovska Mitrovica, SerbiaToplica Academy of Applied Studies, Department of Business Studies Blace, SerbiaToday's era of digitalization and rapid technological change presents an opportunity for small and medium-sized enterprises (SMEs) to significantly improve their competitiveness by following and applying these achievements. One such aspect is the use of social media, which can significantly increase their presence in new markets and thus increase sales volume. Social media technologies enable new ways of communicating with consumers and other partners, thus overcoming resource constraints. This paper aims to analyze the use of social media by small and medium-sized enterprises in the Republic of Serbia and provides a comparative analysis of the use of web sites and social networks in enterprises from neighboring countries, as well as in the European Union. The results indicate lower use of social media by small and medium-sized enterprises compared to large ones in the Republic of Serbia. At the same time, the results show higher use of social media by enterprises in the Republic of Serbia compared to neighboring countries.https://bizinfo.edu.rs/index.php/bizinfo/article/view/377social mediasmebusinessrepublic of serbia
spellingShingle Krsto Jakšić
Slaviša Trajković
Mihajlo Đurović
Using social media in the business of small and medium-sized enterprises in Serbia
BizInfo
social media
sme
business
republic of serbia
title Using social media in the business of small and medium-sized enterprises in Serbia
title_full Using social media in the business of small and medium-sized enterprises in Serbia
title_fullStr Using social media in the business of small and medium-sized enterprises in Serbia
title_full_unstemmed Using social media in the business of small and medium-sized enterprises in Serbia
title_short Using social media in the business of small and medium-sized enterprises in Serbia
title_sort using social media in the business of small and medium sized enterprises in serbia
topic social media
sme
business
republic of serbia
url https://bizinfo.edu.rs/index.php/bizinfo/article/view/377
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AT slavisatrajkovic usingsocialmediainthebusinessofsmallandmediumsizedenterprisesinserbia
AT mihajlođurovic usingsocialmediainthebusinessofsmallandmediumsizedenterprisesinserbia