Abstract
An overview is taken of the modern process of strategic marketing planning. It is concluded that it is more appropriate for larger companies. Indeed, its very complexity, especially in relation to the marketing audit, can be a demotivator for small and medium enterprise (SME) managers. Such SMEs require a simpler tactically based methodology. Research was undertaken amongst a sample of SME managers and their prejudices against marketing planning processes were confirmed. They were also questioned in terms of what type of marketing planning structure would most suit SME needs. This resulted in a proposal for a new tactically based methodology, that has now been successfully trialled and applied in three dissimilar SMEs.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.