Estimating the Long-term Contributions of Small Buisness Marketing Expenditures

Authors

  • Robert E. Wright University of Illinois at Springfield
  • John C. Palmer University of Illinois at Springfield

Abstract

While small business owners and managers typically recognize the long-term benefits of many types of capital expenditures, the potential long-term benefits of marketing expenditures are frequently overlooked. This situation is true even though expenditures on marketing frequently yield sales revenue to firms over several periods. This paper introduces and examines three relatively low-cost approaches that small business owners may use as aids in estimating the aggregate value of marketing expenditures.

References

Alba, Joseph, & Hasher, L.( 1983). Is memory schematic? Psychologica!Bulletin. 93 (2), 203- 231.

Allaway, A., Mason, J., & Moore, T. ( 1988).A PC-based approach to promotion mix analysis and planning for small retailers. Journal of Small Business Management.26.3, 14-21. Boulding, W., Lee, E., & Staelin, R. (1994). Mastering the mix: Do advertising, promotion, and sales force activities lead to differentiation? Journal of Marketing Research. 31 . 159-172.

Business Week Staff. Cooking up a deep-dish database. Business Week, November 20, 1995, 160.

Dean, J. ( 1966). Does advertising belong in the capital budget? Journal of Marketing. 27. 15- 21.

DeJong, J. ( 1995). Turbocharging customer service. Inc. Magazine, January, 1995, 46-47.

Dyke, L., Fischer, E., & Reuber, A. (1992). An I nter-industry examination of the impact of owner experience on firm performance. Journal of Small Business Management. 30. 72-87.

Lilien, G., Kotler, P., & Moorthy, K. (1992). Marketing models. Englewood Cliffs, NJ: Prentice-Hal l.

McMahon, R., & Holmes, S. ( 1991). Small business financial management practices in North America: A literature review. Journal of Small Business Management. 29 (2), 19-29.

Rapp, S. and Collins, T. (1990). The Great Marketing Turnaround. Englewood Cliffs, NJ: Prentice Hall.

Rayburn, L. ( 1986).Accounting principles and marketing models related to deferred marketi costs. European Journal of Marketing. 20. 75-92.

Slywotzky, A. & Shapiro, B. ( 1993) Leveraging to beat the odds: The new marketing mind-set Harvard Business Review, (September-October, 1993), 97-1 07.

Steinhoff,D, & Burgess,J. (1993)Small Business Management Fundamentals (6th ed.). New York: McGraw-Hill.

Van Auken, H., Doran, B., and Rittenburg, T. ( 1992). An empirical analysis of small business advertising. Journal of Small Business Management. 30 (2), 87-99.

Van Auken, H., Rittenburg, T., Doran, B. and Hsieh, S. (1994). An empirical analysis of advertising by women entrepreneurs. Journal of Small Business Management. 32 (3), I 0-28.

Weinrauch, J., Mann, 0., Robinson, P., & Pharr, J. (1991). Dealing with limited financial resources: A marketing challenge for small business. Journal of Small Business Management. 29 (4), 44-54.

Wilkie, W., McNeill, D., & Mazis, M. (1984). Marketing's scarlet letter: The theory and practice of corrective advertising. Journal of Marketing. 48. 1 1-31 .

Wilson, R. ( 1986). Accounting for marketing assets. European Journal of Marketing. 20. 51- 74.

Downloads

Published

1996-01-11

Issue

Section

Articles

How to Cite

Estimating the Long-term Contributions of Small Buisness Marketing Expenditures. (1996). Journal of Small Business Strategy (archive Only), 7(1), 69-80. https://libjournals.mtsu.edu/index.php/jsbs/article/view/330