2012
DOI: 10.1057/bm.2012.49
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The five phases of SME brand-building

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Cited by 61 publications
(104 citation statements)
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References 38 publications
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“…According to Baldinger et al (2002), SME brands are more volatile in losing out on market share as compared to big brands. Besides being faced by the common lack of resources which disadvantage the SMEs, brand related issues are another one of the hindrances to SMEs' growth (Centeno et al 2013). One of the best ways for SME brands to increase their market share is to retain their loyal customers through repeated sales in a trusting relationship (Aaker 1996;Baldinger et al 2002;Eggers, O'Dwyer et al 2013;Rauyruen et al 2009).…”
Section: Introductionmentioning
confidence: 99%
See 1 more Smart Citation
“…According to Baldinger et al (2002), SME brands are more volatile in losing out on market share as compared to big brands. Besides being faced by the common lack of resources which disadvantage the SMEs, brand related issues are another one of the hindrances to SMEs' growth (Centeno et al 2013). One of the best ways for SME brands to increase their market share is to retain their loyal customers through repeated sales in a trusting relationship (Aaker 1996;Baldinger et al 2002;Eggers, O'Dwyer et al 2013;Rauyruen et al 2009).…”
Section: Introductionmentioning
confidence: 99%
“…This study acknowledged the contributions towards the SMEs' branding literature by the past studies mentioned abo ve. However, there is still a lack of studies into researching the SMEs' brands, as compared to that for the big brands (Centeno et al 2013;Krake 2005).…”
Section: Introductionmentioning
confidence: 99%
“…Prior research has listed a number of constraints that B2B SMEs have encountered, such as perceiving branding as less important for B2B SMEs (Wong and Merrilees, 2005) due to the complexity of the B2B market (Keller and Kotler, 2012) and the limited resources and capabilities to support branding (Leek and Christodoulides, 2011). In reviewing the existing literature, we found three types of constraints to provide possible explanations for this state of affairs: perceptual constraints, market constraints and resource constraints (Leek and Christodoulides, 2011;Mitchell et al, 2015;Centeno et al, 2013).…”
Section: B2b Small and Medium Enterprises Branding Constraintsmentioning
confidence: 95%
“…Uusitalo et al (2010) [73] discuss the importance of creating brand names for SMEs suppliers using a well-known and established brand name; for example, an SME that produces Coca-Cola bottles can exploit and promote its company through a brand related to a well-known brand. Centeno et al (2013) [19] develop a framework for building a brand for SMEs in a sequence of five phases: brand as a person, brand as products, brand as a symbol, brand as an organisation and brand growth. Each phase should add differentiation in brand identity.…”
Section: Brand Strategy In Smes 221 Brand Performancementioning
confidence: 99%