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The Premises Of Strategic Marketing Planning Implementation Within Small And Medium Sized Enterprises

Author

Listed:
  • Curmei Catalin Valeriu

    () (Academia de Studii Economice Bucureºti, Facultatea de Marketing)

  • Ionescu Florin Tudor

    () (Academia de Studii Economice Bucureºti, Facutatea de Marketing)

  • Popescu Andrei

    () (Academia de Studii Bucureºti, Facultatea de Marketing)

Abstract

The main purpose of the present paper is to identify the framework and the necessary conditions for the small and medium sized enterprises (SMEs) to be able to adopt the strategic marketing planning. Also, the paper aims to underline the importance of the strategic marketing planning and the manner in which the SMEs can adopt, implement and operationalize the strategic marketing planning instruments, whose correct understanding and usage ensure the capacity to generate competitive advantage, the key element both from the perspective of the fierce competition and the perspective of the future development of the SMEs. Within SMEs the implementation of marketing becomes an evident requirment, mostly due to the relationship that these have with the market, thus, leading towards market orientation of the activities, a new approach developed by the marketing vision on managing the activities from these types of organizations. Regarded upon, from the marketing perspective, the activities from the SMEs, especially the marketing activities, cannot take place randomly. Resource allocation, a characteristic of these types of organizations, and the objectives with regards to superior customer needs satisfaction and economic efficiency maximization, claim thorough plannification and deployment of the activities in a sequence that represents the implementation of a strategy previously assumed. Within this framework, the strategic marketing planning appears as a complex process employing all scientific instruments that comprise segmentation, positioning and marketing mix. Utilizing the strategic marketing planning within SMEs depends to further extend on marketing integration; process directly related with a series of factors such as the nature of the market, development stage, product type, management quality and the influences of the marketing department of the SME. The implications onto the marketing activities from SMEs are reflected upon each strategic marketing planning instrument, where we can find, under correct understanding and application, objectives and market and penetration strategies as product, price, distribution and promotion strategies.

Suggested Citation

  • Curmei Catalin Valeriu & Ionescu Florin Tudor & Popescu Andrei, 2011. "The Premises Of Strategic Marketing Planning Implementation Within Small And Medium Sized Enterprises," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 730-735, July.
  • Handle: RePEc:ora:journl:v:1:y:2011:i:1:p:730-735
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    File URL: http://anale.steconomiceuoradea.ro/volume/2011/n1/095.pdf
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    References listed on IDEAS

    as
    1. P T Harker, 1988. "Dispersed Spatial Price Equilibrium," Environment and Planning A, , vol. 20(3), pages 353-368, March.
    2. P T Harker, 1988. "Dispersed spatial price equilibrium," Environment and Planning A, Pion Ltd, London, vol. 20(3), pages 353-368, March.
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    More about this item

    Keywords

    marketing; SMEs; segmentation; positioning; marketing mix;

    JEL classification:

    • M31 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Marketing and Advertising - - - Marketing

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