Abstract: This paper empirically analysed the usage of online advertising of Nigeria-based small
businesses using Facebook and Google. Framed around the Technology Acceptance Model,
the paper sought to identify moderators of online advertising within the Nigerian small
business sector. The study adopted the survey research design. Multistage sampling technique
involving stratification, simple random and purposive selection aided the selection of 279
small business operator respondents in six capital cities (Owerri, Uyo, Ikeja, Markurdi,
Jalingo, and Kano), one from each geopolitical zone. The instrument of data collection was
questionnaire. Data were analysed using the statistical package for social sciences (SPSS)
version 20.0.The study found that awareness, education, technological resources and
perceived benefits positively moderated online advertising usage. However, external pressure
showed a significant but weak relationship to online advertising usage. The paper
recommends that small business operators should invest in online advertising training of staff
to benefit maximally in the Internet economy.
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