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Simpson, Mike; Padmore, Jo; Taylor, Nick and Frecknall Hughes, Jane
(2006).
DOI: https://doi.org/10.1108/13552550610710153
URL: http://www.emeraldinsight.com/journals.htm?article...
Abstract
Purpose – The purpose of this paper is to report on a full-scale testing of the role of marketing and its relevance in small and medium sized enterprises (SMEs). The objective is to present the results of a rigorous assessment of a new model of marketing in SMEs.
Design/methodology/approach – A positivist approach relied on the use of the hypothetico-deductive method to produce the theoretical model. Both quantitative and qualitative research methods were applied to investigate the model. This paper reports on a large-scale questionnaire survey, follow-up interviews with SMEs owner-managers and the use of published accounts to show how companies have performed during this study.
Findings – The role and relevance model of marketing in SMEs has been thoroughly investigated and tested. The model offers a straightforward way of diagnosing the situation within an SME. The simplicity of the model allows for a clearer understanding of what is often a complex and messy situation within these companies and their business environment. Some findings suggest a positive link between a company's financial performance and its approach to marketing within the model.
Practical implications – The paper concludes that the model goes a long way to explaining the behaviour of SMEs with regard to marketing. The model appears to be viable and could be used to analyse and diagnose the situation regarding marketing within SMEs.
Originality/value – The paper offers a unique theoretical and practical insight into the issue of marketing in SMEs.
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About
- Item ORO ID
- 25043
- Item Type
- Journal Item
- ISSN
- 1355-2554
- Keywords
- marketing models; marketing theory; small enterprises; small to medium-sized enterprises
- Academic Unit or School
-
Faculty of Business and Law (FBL) > Business > Department for Accounting and Finance
Faculty of Business and Law (FBL) > Business
Faculty of Business and Law (FBL) - Copyright Holders
- © 2006 Emerald Group Publishing Limited
- Depositing User
- Catherine Playle