How do B2B use social media to build trust? : An exploratory study in what aspects create, maintain and destroy interorganizational trust

University essay from Högskolan i Skövde/Institutionen för handel och företagande

Abstract: Social media usage in the B2B sector is increasing at a slower rate than B2C and the research literature sends a unanimous message; B2B firms would benefit in multiple ways using social media as a tool when establishing and entertaining business relationships. The concept of trust is proved to be of great importance in the construction of these relationships. With guidance of this thesis’ practical contribution,the model The Hourglass of Trust, displaying three categories of trust; creation, maintenance and destruction, this thesis will simultaneously highlight the theoretical contribution: aspects affecting trust, as well as the managerial contribution: aid B2B insocial media strategy planning for improved opportunities to build better business relationships on social media. A key finding and theoretical contribution, is the activity of switching channels from social media to other marketing channels such as email. Some B2B marketers use social media only as a storefront, a one-way promotion tool to create trust in order to reach an audience, create leads, stimulate interest or in the initial contact with another firm and then switch to the usage of other channels like email once the relationship has moved past the trust creation category. This finding is of particular interest since Sweden is a country built upon social trust and has a high social media penetration which may beviewed as counter intuitive when social media is used as a one-way-communication channel such as a storefront. B2B marketers in the empirical findings view social mediain a more positive light than earlier research, stating it is a powerful tool for building long-term business relationships. A second key finding is that personal values are associated with trust creation and trust maintenance in B2B, turning the spotlight from inter-organizational to interpersonal trust. Future research is encouraged to explore the reason for the switching of channels in B2B SMEs in Sweden as well as further explore the concept of trust in a B2B social media context testing the proposed model, The Hourglass of Trust (Fig. 2).

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