Investigating Marketing Challenges Faced by South African SMEs during Covid-19

Small and medium-sized businesses (SMEs) play a crucial part in growing South Africa’s economy, where these businesses employ half of all workers. However, SMEs have struggled to market themselves for assorted reasons that were exacerbated by COVID-19 lockdowns. This study investigated marketing difficulties encountered by SMEs in Durban, South Africa during the COVID pandemic. The methodology used in this study was quantitative in nature. Ninety-six SME owners, CEOs, managers, managing directors, and marketing managers, were surveyed using a convenience sampling approach as the study was conducted under the COVID-19 lockdown. Seventy percent of participants had formal businesses with the remainder being informal. This study finds that marketing obstacles for SMEs in South Africa were due to COVID-19 restrictions, lack of finance, inability to adequately brand products and digital marketing challenges. We recommend increased government funding, better training for managers and financial literacy programs for SMEs managers. DOI: https://doi.org/10.59857/IJABS7480

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Publication Details

Journal
International Journal of Advanced Business Studies
Published
2024-10-22
DOI
https://doi.org/10.59857/ijabs7480
Citations
1
Primary Topic
COVID-19 Pandemic Impacts
Type
article
Field-Weighted Citation Impact
1.13
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article

Investigating Marketing Challenges Faced by South African SMEs during Covid-19

Marlini Moodley, Farai Nyika, Zombuso L. Mbatha, Coster Ruzengwe
1 citations
International Journal of Advanced Business Studies
COVID-19 Pandemic Impacts
1.13
article

Investigating Marketing Challenges Faced by South African SMEs during Covid-19

Marlini Moodley, Farai Nyika, Zombuso L. Mbatha, Coster Ruzengwe
article en
1 citations

Abstract

Small and medium-sized businesses (SMEs) play a crucial part in growing South Africa’s economy, where these businesses employ half of all workers. However, SMEs have struggled to market themselves for assorted reasons that were exacerbated by COVID-19 lockdowns. This study investigated marketing difficulties encountered by SMEs in Durban, South Africa during the COVID pandemic. The methodology used in this study was quantitative in nature. Ninety-six SME owners, CEOs, managers, managing directors, and marketing managers, were surveyed using a convenience sampling approach as the study was conducted under the COVID-19 lockdown. Seventy percent of participants had formal businesses with the remainder being informal. This study finds that marketing obstacles for SMEs in South Africa were due to COVID-19 restrictions, lack of finance, inability to adequately brand products and digital marketing challenges. We recommend increased government funding, better training for managers and financial literacy programs for SMEs managers. DOI: https://doi.org/10.59857/IJABS7480

International Journal of Advanced Business StudiesVol. 3(3)
Management College of Southern Africa (ZA)
Quality Education
Openalex Percentile: Top 11%
COVID-19 Pandemic Impacts
1.13
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