Marketing strategies in small firms: how far do small medium industries understand the marketing concept? / Shafiza Ab Sani

• Main Author: Ab Sani, Shafiza
• Format: Student Project
• Language: English
• Published: Faculty of Business and Management 2004
• Subjects: Small business. Medium-sized business; Marketing; Market segmentation. Target marketing; Marketing research. Marketing research companies. Sales forecasting
• Online Access: http://ir.uitm.edu.my/id/eprint/21280/1/PPb_SHAFIZA%20AB%20SANI%20M%20BM%2004_5.pdf; http://ir.uitm.edu.my/id/eprint/21280/

In recent years, the growth of small firms and their importance to the nation's economies has been accompanied by a significant increase in interest in the nature of marketing practices. The mass consumer markets have become fragmented and call for flexible and adaptable marketing approaches (Baker 1995) especially to the smaller organisations (Carson et al 1995). Marketing is very much situation-specific in that it is dependent on several factors. Sophisticated marketing theories frequently have little meaning for the small business owners (Kotler, et aI. , 1997). Many research have been carried out in the Western countries, but there is a lack of empirical studies of small firms marketing in the Asian countries, particularly in Malaysia. Therefore this study will examine the applicability and adoption of marketing in small firms as evidenced in the small manufacturer's firms in Malaysia. Since it is so important to know the understanding of marketing concept by small manufacturer's firm, this study will help to understand the success of marketing practices in these firms.