The Effects of Relationship Marketing on Firm Performance: Small and Medium Enterprises (SMEs) in Bangladesh

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collectionurl https://intelek.unisza.edu.my/intelek/pages/search.php?search=!collection407072
date 2017-11-02 23:40:05
eventvenue Dhaka
format Restricted Document
id 6387
institution UniSZA
originalfilename 1259-01-FH03-FESP-18-12033.pdf
person Meetmatt
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resourceurl https://intelek.unisza.edu.my/intelek/pages/view.php?ref=6387
spelling 6387 https://intelek.unisza.edu.my/intelek/pages/view.php?ref=6387 https://intelek.unisza.edu.my/intelek/pages/search.php?search=!collection407072 Restricted Document Conference Conference Paper application/pdf 6 1.5 Adobe Acrobat Pro DC 20 Paper Capture Plug-in Meetmatt 2017-11-02 23:40:05 1259-01-FH03-FESP-18-12033.pdf UniSZA Private Access The Effects of Relationship Marketing on Firm Performance: Small and Medium Enterprises (SMEs) in Bangladesh Today’s entrepreneurial global economy, it is essential to acquisition and retention of customers for the survival of SMEs. Relationship Marketing (RM) is among the best marketing strategy that the SMEs should adopt since customer buying decisions do not solely based on the quality and price, but also depending on their relationship with the firm. This study aimed to empirically investigate the effects of RM on the SME Performance. A self-administered questionnaire with 22 measuring items was used in data collection. The respondents were selected randomly from the list of active SMEs in Bangladesh. A total of 384 completed and usable questionnaires were received. The study employed the IBM-SPSS-AMOS package 21.0 to analyze data and test the underlying hypothesis. The study found RM has positive and significant effects on SME Performance. Consequently, the findings suggested that there is a dire need for SMEs to concentrate on RM strategy to boost their financial performance, and hence their long term survival. ICBM 2017 - 1st International Conference on Business & Management Dhaka
spellingShingle The Effects of Relationship Marketing on Firm Performance: Small and Medium Enterprises (SMEs) in Bangladesh
summary Today’s entrepreneurial global economy, it is essential to acquisition and retention of customers for the survival of SMEs. Relationship Marketing (RM) is among the best marketing strategy that the SMEs should adopt since customer buying decisions do not solely based on the quality and price, but also depending on their relationship with the firm. This study aimed to empirically investigate the effects of RM on the SME Performance. A self-administered questionnaire with 22 measuring items was used in data collection. The respondents were selected randomly from the list of active SMEs in Bangladesh. A total of 384 completed and usable questionnaires were received. The study employed the IBM-SPSS-AMOS package 21.0 to analyze data and test the underlying hypothesis. The study found RM has positive and significant effects on SME Performance. Consequently, the findings suggested that there is a dire need for SMEs to concentrate on RM strategy to boost their financial performance, and hence their long term survival.
title The Effects of Relationship Marketing on Firm Performance: Small and Medium Enterprises (SMEs) in Bangladesh
title_full The Effects of Relationship Marketing on Firm Performance: Small and Medium Enterprises (SMEs) in Bangladesh
title_fullStr The Effects of Relationship Marketing on Firm Performance: Small and Medium Enterprises (SMEs) in Bangladesh
title_full_unstemmed The Effects of Relationship Marketing on Firm Performance: Small and Medium Enterprises (SMEs) in Bangladesh
title_short The Effects of Relationship Marketing on Firm Performance: Small and Medium Enterprises (SMEs) in Bangladesh
title_sort effects of relationship marketing on firm performance: small and medium enterprises (smes) in bangladesh