Inexpensive marketing tools for SMEs

Abstract

Today small and medium-sized enterprises (SMEs) play a key role in the economy and are considered the engines of global economic growth. In today’s environment of mature economies, stagnant markets and fierce competition, consumers are increasingly informed and demanding personalized treatment and products and services that meet their needs. In this context, SMEs can remain in the market, and maintain a competitive advantage, if they are able to respond to customers’ needs in a timely manner. That is possible if supported by the appropriate information systems and information technologies. Actually, many SMEs are far from accessing all the available data, because they have neither the knowledge nor financial capacity to acquire tools that allow you to extract knowledge from your internal and external databases. However, is possible by combining a database that provides behavioral information from your prospects and combining that data with the spatial information of those customers. This joint allows a comprehensive analysis that is possible through the use of segmentations techniques, which supports marketing campaigns in an effective way, promoting visibility in the market, and allowing acquiring or maintaining a strategic positioning, using inexpensive tools.