The state of marketing of smme's in Durban : a South African case study / Corlea Pearce

One of the challenges to marketers is not only to know who the business's customers are, but also to be knowledgeable about their values. To further enhance the concept of a customer-based competitive advantage, marketers are challenged to develop and implement marketing strategies that will de...

Full description

Bibliographic Details
Main Author: Pearce, Corlea
Published: North-West University 2009
Online Access:http://hdl.handle.net/10394/1840
id ndltd-netd.ac.za-oai-union.ndltd.org-nwu-oai-dspace.nwu.ac.za-10394-1840
record_format oai_dc
spelling ndltd-netd.ac.za-oai-union.ndltd.org-nwu-oai-dspace.nwu.ac.za-10394-18402014-04-16T03:53:02ZThe state of marketing of smme's in Durban : a South African case study / Corlea PearcePearce, CorleaOne of the challenges to marketers is not only to know who the business's customers are, but also to be knowledgeable about their values. To further enhance the concept of a customer-based competitive advantage, marketers are challenged to develop and implement marketing strategies that will deliver superior customer value based on customer needs within markets and segments. This concept requires a re-focusing and re-thinking process by companies who enters the market, relating to the key issues to be confronted in identifying, creating and delivering value to customers better than the competition. This research primarily focuses on gaining insight into the current state of marketing as perceived by South African business executives, and aims to demystify those elements deemed important to achieve success in marketing for companies operating in the twenty-first century. In essence, this study thus focuses on the true purpose of marketing, how it is currently perceived by business people, current and future trends in marketing and those elements that are vital for the sustainable success of a marketing plan as part of a business strategy. A literature and empirical study was undertaken. The study concluded that correct market definition and market segmentation is fundamental to successful marketing. Marketing has become much more than just a sales support function that deals with advertising and promotions. Businesses need to include marketing as part of the core strategy-making engine of an organisation. Through marketing, product offerings are linked to customer needs in a specific target market. These offerings may be personalized or differentiated to best suite specific segments within the target market. Due to the turbulence in marketing with no clear indication of its stance in South Africa, exploratory research was conducted to evaluate how effective Durban companies are in using marketing as a core part of their strategy. The study employed an established questionnaire developed by McDonald and Dunbar (2004) and used descriptive statistics to analyse the data.Thesis (M.B.A.)--North-West University, Potchefstroom Campus, 2008.North-West University2009-05-22T09:11:30Z2009-05-22T09:11:30Z2007Thesishttp://hdl.handle.net/10394/1840
collection NDLTD
sources NDLTD
description One of the challenges to marketers is not only to know who the business's customers are, but also to be knowledgeable about their values. To further enhance the concept of a customer-based competitive advantage, marketers are challenged to develop and implement marketing strategies that will deliver superior customer value based on customer needs within markets and segments. This concept requires a re-focusing and re-thinking process by companies who enters the market, relating to the key issues to be confronted in identifying, creating and delivering value to customers better than the competition. This research primarily focuses on gaining insight into the current state of marketing as perceived by South African business executives, and aims to demystify those elements deemed important to achieve success in marketing for companies operating in the twenty-first century. In essence, this study thus focuses on the true purpose of marketing, how it is currently perceived by business people, current and future trends in marketing and those elements that are vital for the sustainable success of a marketing plan as part of a business strategy. A literature and empirical study was undertaken. The study concluded that correct market definition and market segmentation is fundamental to successful marketing. Marketing has become much more than just a sales support function that deals with advertising and promotions. Businesses need to include marketing as part of the core strategy-making engine of an organisation. Through marketing, product offerings are linked to customer needs in a specific target market. These offerings may be personalized or differentiated to best suite specific segments within the target market. Due to the turbulence in marketing with no clear indication of its stance in South Africa, exploratory research was conducted to evaluate how effective Durban companies are in using marketing as a core part of their strategy. The study employed an established questionnaire developed by McDonald and Dunbar (2004) and used descriptive statistics to analyse the data. === Thesis (M.B.A.)--North-West University, Potchefstroom Campus, 2008.
author Pearce, Corlea
spellingShingle Pearce, Corlea
The state of marketing of smme's in Durban : a South African case study / Corlea Pearce
author_facet Pearce, Corlea
author_sort Pearce, Corlea
title The state of marketing of smme's in Durban : a South African case study / Corlea Pearce
title_short The state of marketing of smme's in Durban : a South African case study / Corlea Pearce
title_full The state of marketing of smme's in Durban : a South African case study / Corlea Pearce
title_fullStr The state of marketing of smme's in Durban : a South African case study / Corlea Pearce
title_full_unstemmed The state of marketing of smme's in Durban : a South African case study / Corlea Pearce
title_sort state of marketing of smme's in durban : a south african case study / corlea pearce
publisher North-West University
publishDate 2009
url http://hdl.handle.net/10394/1840
work_keys_str_mv AT pearcecorlea thestateofmarketingofsmmesindurbanasouthafricancasestudycorleapearce
AT pearcecorlea stateofmarketingofsmmesindurbanasouthafricancasestudycorleapearce
_version_ 1716663570689687552