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Are Small and Medium Enterprises (SMEs) Planning for Strategic Marketing in South Africa? Cover

Are Small and Medium Enterprises (SMEs) Planning for Strategic Marketing in South Africa?

Open Access
|Sep 2016

Abstract

Substantial evidence shows that strategic marketing planning leads to increased small business performance, yet most small business owners do not draw up a plan for their businesses. This paper presents the results of a secondary research survey on strategic marketing planning of SMEs in South Africa. They indicate that while the higher performing SMEs give a higher priority to marketing than to other business functions, they are still sales- or production-oriented. The higher performing SMEs are more aware of strategic planning tools. They compete with value-added products and good buyer-seller relationships. The findings suggest that broad, small business marketing principles to some extent contribute to the success of SMEs.

DOI: https://doi.org/10.1515/fman-2016-0019 | Journal eISSN: 2300-5661 | Journal ISSN: 2080-7279
Language: English
Page range: 243 - 250
Published on: Sep 24, 2016
Published by: Warsaw University of Technology
In partnership with: Paradigm Publishing Services
Publication frequency: 1 issue per year

© 2016 Louise van Scheers, Khathutshelo Mercy Makhitha, published by Warsaw University of Technology
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.