Social Media and Social Distance
Pablo Collazzo, Arturo Aboumrad
Abstract
Pablo Collazzo, Arturo Aboumrad
Abstract
Social media and social distance (proxied by online food delivery), the latter compounded by the increased disruption introduced by COVID-19, are radically impacting the way restaurants do business. Such a claim, fairly apparent to the consumer, arguably remains underexplored in the business model literature and begs for supporting evidence. This research aims to bridge such a gap by conducting an empirical study on the effects of social media and social distance on restaurant performance, feeding a revised business model canvas. The findings, as per the outputs of hierarchical and stepwise regressions, suggest that both social media and social distance (online food delivery) have a significantly favorable influence on restaurant performance, shaping a digitally-boosted restaurant business model canvas.
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Social media and social distance (proxied by online food delivery), the latter compounded by the increased disruption introduced by COVID-19, are radically impacting the way restaurants do business. Such a claim, fairly apparent to the consumer, arguably remains underexplored in the business model literature and begs for supporting evidence. This research aims to bridge such a gap by conducting an empirical study on the effects of social media and social distance on restaurant performance, feeding a revised business model canvas. The findings, as per the outputs of hierarchical and stepwise regressions, suggest that both social media and social distance (online food delivery) have a significantly favorable influence on restaurant performance, shaping a digitally-boosted restaurant business model canvas.
Key concepts: Social media, Social distance, Bridge (graph theory), Social business, Business model, Business, Advertising, Marketing