M31 - MarketingReturn
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Optimization potential in SME marketing communication in a Czech-German comparisonEnz ChristianEconomics Working Papers 2022, 6(3):4-71 | DOI: 10.32725/ewp.2022.003629 Technological progress ensures a growing number of communication channels. National and international corporations use the new tools for intensive customer communication. SMEs therefore are in danger of disappearing from their consumers' field of vision. This paper examines the current communication behavior of SMEs. Future developments also are identified. The analysis of a large-scale survey of companies shows that the number of communication channels used depends on the size of a company. It is found that SMEs currently use fewer communication channels than large companies. Marketing communication is also much less professionalized in small companies. For example, this paper shows that only 25% of companies with an annual turnover of less than 2 million euros have their communication budgets. For SMEs with an annual turnover of 10 to 50 million euros, the share is already 58%. The importance of communication channels, on the other hand, depends on the regional context of the company's headquarters. Thus, the prioritization of certain communication channels is significantly dependent on the region in which a company is located. However, the research shows that SMEs across regions and size categories are aware of changes in the media use of their target groups. Nevertheless, many SMEs do not want to or cannot use all communication channels considered relevant in the future. This is equally evident among Czech and German SMEs, although German companies use more communication channels on average than Czech ones. This study also shows that SMEs are generally not willing to increase their marketing communication staff at present. This means that SME management faces the challenge of setting the correct priorities in customer communication. On the German side, the focus is on weighting. For Czech companies, the focus is on channel selection. This paper thus shows that there is potential for optimization for Czech and German SMEs. If it is possible to optimally reflect regional peculiarities in the use of media in the communication mix, efficiency increases and even the development of a competitive advantage over large companies is possible. |
Characteristics of Companies involved in the Fairtrade Platform©alamoun JanEconomics Working Papers 2020, 4(3):4-471847 Fair Trade is a business model whose basic idea and goal is greater fairness in international trade with the developing world. In particular, it offers fair trading conditions that do not exploit the grower but take into account his possibilities and production costs. It prides itself on the sustainability of trade and therefore supports environmental protection in the area. An integral part of this system is the involvement of businesses as intermediaries between producers and consumers. The companies enter business processes with a clear vision aimed at orienting themselves in the area of fair trading, while others consider this to be only an opportunity for visibility. For this reason, the idea of Fair Trade has its criticisms, and like all certifications, the Fairtrade have their shortcomings. Criticism is often based on ignorance of the thing or unrealistic ideas of "how it should be to make it work". At other times, criticism of the ethical concept overlaps with the rules of a particular certification, or it blames the system for misuse of the logo by some of the merchants. The article reveals some theoretical aspects and also deals with a selected sample of companies based on a quota selection from the set, which is part of the certification company Fairtrade Czechia and Slovakia. Based on the chosen methods, we answer the research question and the verified hypothesis. |