SMEs marketing strategy clusters: A case of Indonesian SMEs

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

There is a lack of marketing strategy cluster or typology that is widely accepted by the scholars covering the whole of marketing strategy comprehensively. The difference of SMEs and established companies leads to special marketing strategy that is appropriate for their limited resources characteristics. The important role of SMEs in countries is unquestionable, they have big contribution on ones’ country economics development. Therefore, this study is to form a marketing strategy cluster or typology that is suitable for small and medium-sized enterprises (SMEs) in Indonesia. To conduct this study, we first reviewed the literature of marketing strategy for SMEs, then conducted a survey of 130 SME owners in Indonesia regarding their marketing strategy practices, using the SME marketing strategy concept Carson and Gilmore (2000), and Gilmore (2011). We next performed a hierarchical cluster analysis to develop a typology of marketing types consisting of: aggressive marketers, mass marketers, value marketers, traditional marketers, and minimizer marketers. We then examined the marketing performance of each type. Aggressive marketers had superior performance and minimizer marketers had the lowest performance.

Original languageEnglish
Title of host publicationProceedings of the 30th International Business Information Management Association Conference, IBIMA 2017 - Vision 2020
Subtitle of host publicationSustainable Economic development, Innovation Management, and Global Growth
EditorsKhalid S. Soliman
PublisherInternational Business Information Management Association, IBIMA
Pages4332-4341
Number of pages10
ISBN (Electronic)9780986041990
Publication statusPublished - 2017
Event30th International Business Information Management Association Conference - Vision 2020: Sustainable Economic development, Innovation Management, and Global Growth, IBIMA 2017 - Madrid, Spain
Duration: 8 Nov 20179 Nov 2017

Publication series

NameProceedings of the 30th International Business Information Management Association Conference, IBIMA 2017 - Vision 2020: Sustainable Economic development, Innovation Management, and Global Growth
Volume2017-January

Conference

Conference30th International Business Information Management Association Conference - Vision 2020: Sustainable Economic development, Innovation Management, and Global Growth, IBIMA 2017
Country/TerritorySpain
CityMadrid
Period8/11/179/11/17

Keywords

  • Cluster Analysis
  • Marketing Strategy
  • Medium-Sized Enterprises
  • Small

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