Optimising MSMEs B2B Marketing Performance Through Marketing Automation In CRM Strategy
DOI:
https://doi.org/10.24912/jm.v28i3.1881Abstract
This research investigates the influence of technology readiness and ICT capabilities on marketing automation within B2B MSMEs' CRM strategies. Using quantitative methods in 105 B2B MSMEs employing marketing automation tools, the study employs Structural Equation Modeling (SEM) with Lisrel 8.8 software for analysis. Findings reveal that Technology Readiness significantly impacts ICT Capability, with innovation indicators holding a dominant 67.240 per cent effect. ICT Capability positively influences marketing automation, primarily driven by the use of ICT (84.600 per cent). Marketing automation correlates positively with B2B CRM, notably through message reach (65.610 per cent). B2B CRM, in turn, significantly affects Marketing Performance, emphasising improved customer relationship quality (77.400 per cent) and expanded market influence (42.250 per cent). Notably, technology readiness does not directly impact marketing automation, necessitating ICT capability for practical implementation in customer relationship management. In conclusion, marketing automation enhances B2B MSMEs' marketing performance, contingent on their ICT capabilities, despite the importance of technology readiness.
References
Al-Bashayreh, M., Almajali, D., Al-Okaily, M., Masa’deh, R., & Samed Al-Adwan, A. (2022). Evaluating Electronic Customer Relationship Management System Success: The Mediating Role of Customer Satisfaction. Sustainability (Switzerland), 14(19). https://doi.org/10.3390/su141912310.
Apriani, R., Putra, P. S., Muzayanah, F. N., & Avionita, V. (2023). Obstacles Advancing Msmes In Indonesia’s Coastal Areas To Support Economic Growth In The Digital Era (349–357). https://doi.org/10.2991/978-94-6463-154-8_30.
Bagale, G. S., Vandadi, V. R., Singh, D., Sharma, D. K., Garlapati, D. V. K., Bommisetti, R. K., Gupta, R. K., Setsiawan, R., Subramaniyaswamy, V., & Sengan, S. (2023). RETRACTED ARTICLE: Small And Medium-Sized Enterprises’ Contribution In Digital Technology. Annals of Operations Research, 326, 3–4. https://doi.org/10.1007/s10479-021-04235-5.
Benjamin, N. etc. (2019). The Effect Of Marketing Automation On The Buying Decisions A Quantitative Study On Smes Explored Through Brand Awareness And External Branding In A B2B context. Linnaeus University.
Cao, G., & Weerawardena, J. (2023). Strategic Use Of Social Media In Marketing And Financial Performance: The B2B SME context. Industrial Marketing Management, 111, 41–54. https://doi.org/10.1016/j.indmarman.2023.03.007.
Caraka, R. E., Kurniawan, R., Nasution, B. I., Jamilatuzzahro, J., Gio, P. U., Basyuni, M., & Pardamean, B. (2021). Micro, Small, And Medium Enterprises' Business Vulnerability Cluster In Indonesia: An Analysis Using Optimised Fuzzy Geodemographic Clustering. Sustainability (Switzerland), 13(14). https://doi.org/10.3390/su13147807.
Cheng, C. C. J., & Shiu, E. C. (2019). How To Enhance SMEs Customer Involvement Using Social Media: The Role Of Social CRM. International Small Business Journal: Researching Entrepreneurship, 37(1), 22–42. https://doi.org/10.1177/0266242618774831.
Cruz-Cárdenas, J., Guadalupe-Lanas, J., Ramos-Galarza, C., & Palacio-Fierro, A. (2021). Drivers Of Technology Readiness And Motivations For Consumption In Explaining The Tendency Of Consumers To Use Technology-Based Services. Journal of Business Research, 122, 217–225. https://doi.org/10.1016/j.jbusres.2020.08.054.
Dinas Koperasi UKM Kulon Progo. (2022). Ini Sektor yang Untung dan Rugi Apabila Terjadi Resesi di 2023. Https://Koperasi.Kulonprogokab.Go.Id/. https://koperasi.kulonprogokab.go.id/detil/1226/ini-sektor-yang-untung-dan-rugi-apabila-terjadi-resesi-di-2023#:~:text=Sedangkan melansir Forbes%2C (15%2F,bulan atau bahkan bertahun-tahun.
Gaffar, V., Koeswandi, T., & Suhud, U. (2022). Has The Covid-19 Pandemic Accelerated The Digital Transformation Of Micro, Small And Medium-Sized Enterprises In Indonesia? Teorija in Praksa, 59(3), 729–744. https://doi.org/10.51936/tip.59.3.729-744.
Gil-Gomez, H., Guerola-Navarro, V., Oltra-Badenes, R., & Lozano-Quilis, J. A. (2020). Customer Relationship Management: Digital Transformation And Sustainable Business Model Innovation. Economic Research-Ekonomska Istrazivanja, 33(1), 2733–2750. https://doi.org/10.1080/1331677X.2019.1676283.
Guercini, S. (2023). Marketing Automation And The Scope Of Marketers’ Heuristics. Management Decision, 61(13), 295–320. https://doi.org/10.1108/MD-07-2022-0909.
Guerola-Navarro, V., Oltra-Badenes, R., Gil-Gomez, H., & Gil-Gomez, J. A. (2021). Research Model For Measuring The Impact Of Customer Relationship Management (CRM) On Performance Indicators. Economic Research-Ekonomska Istrazivanja , 34(1), 2669–2691. https://doi.org/10.1080/1331677X.2020.183699.
Gunarto, M. (2018). Analisis Statistik Dengan Model Persamaan Struktual (SEM) Teoritis dan Praktis. Alfabeta.
Hair, J., & Alamer, A. (2022). Partial Least Squares Structural Equation Modeling (PLS-SEM) In Second Language And Education Research: Guidelines Using An Applied Example. Research Methods in Applied Linguistics, 1(3). https://doi.org/10.1016/j.rmal.2022.100027.
Hanaysha, J. R., Al-Shaikh, M. E., & Kumar, P. (2022). An Examination Of Customer Relationship Management And Business Sustainability In Small And Medium Enterprises. International Journal of Customer Relationship Marketing and Management, 13(1). https://doi.org/10.4018/IJCRMM.300832.
Harini, S., Pranitasari, D., Said, M., & Endri, E. (2023). Determinants Of SME Performance: Evidence From Indonesia. Problems and Perspectives in Management, 21(1), 471–481. https://doi.org/10.21511/ppm.21(1).2023.40
Hasan, G. (2023). 1099-Article Text-7109-1-10-20230611. Jurnal Pengabdian Kepada Masyarakat Nusantara (JPkMN), 4(2), 1402–1411.
Hermawan, D. (2022a, May 31). Go Digital Strategi Memperkuat UMKM. Https://Www.Bi.Go.Id/.
Hermawan, D. (2022b, November 4). Tantangan Digitalisasi UMKM Berbasis Budaya. Https://Www.Bi.Go.Id/.
Ika Purnama, N., Pratamu Putri, L., & Bahagia, R. (2021). Analisis E-commerce Dalam Membantu Penjualan UMKM Di Tengah Pandemi. EKONOMIKAWAN: Jurnal Ilmu Ekonomi Dan Studi Pembangunan. https://doi.org/10.30596/ekonomikawan.v%vi%i.8503.
Kurniawati, E., Kohar, U. H. A., & Pirzada, K. (2022). Change Or Destroy: The Digital Transformation Of Indonesian Msmes To Achieve Sustainable Economy. Polish Journal of Management Studies, 26(2), 248–264. https://doi.org/10.17512/pjms.2022.26.2.15.
Latifah, K., Waliyansyah, R. R., Saputro, N. D., & Novita, M. (2022). Customer Relationship Management Berbasis Digital Pada UMKM Di Desa Tengguli, Bangsri, Kabupaten Jepara. Indonesian Journal of Community Services, 4(2), 185. https://doi.org/10.30659/ijocs.4.2.185-192.
Melati, P. W. (2022). UMKM Mulai Menggeliat Pasca Pandemic Covid 19. Https://Www.Djkn.Kemenkeu.Go.Id/. https://www.djkn.kemenkeu.go.id/kpknl-lhokseumawe/baca-artikel/15474/UMKM-Mulai-Menggeliat-Pasca-Pandemic-Covid-19.html.
Mukherjee, S. (2018). Challenges To Indian Micro Small Scale And Medium Enterprises In The Era Of Globalisation. Journal of Global Entrepreneurship Research, 8(1). https://doi.org/10.1186/s40497-018-0115-5.
Novita, D., & Yuliani, N. (2016). Studi Keberhasilan Ukm Melalui Perdagangan Online B2b Dan B2C. KNIT-2 Nusa Mandiri.
Nursini, N. (2020). Micro, Small, And Medium Enterprises (MSMEs) And Poverty Reduction: Empirical Evidence From Indonesia. Development Studies Research, 7(1), 153–166. https://doi.org/10.1080/21665095.2020.1823238.
Parasuraman, A., & Colby, C. L. (2015). An Updated And Streamlined Technology Readiness Index: TRI 2.0. Journal of Service Research, 18(1), 59–74. https://doi.org/10.1177/1094670514539730.
Qosasi, A., Maulina, E., Purnomo, M., Muftiadi, A., Permana, E., & Febrian, F. (2019). The Impact Of Information And Communication Technology Capability On The Competitive Advantage Of Small Businesses. International Journal of Technology, 10(1), 167–177. https://doi.org/10.14716/ijtech.v10i1.2332.
Rahman, M. S., Bag, S., Gupta, S., & Sivarajah, U. (2023a). Technology Readiness Of B2B Firms And AI-Based Customer Relationship Management Capability For Enhancing Social Sustainability Performance. Journal of Business Research, 156. https://doi.org/10.1016/j.jbusres.2022.113525.
Rahman, M. S., Bag, S., Gupta, S., & Sivarajah, U. (2023b). Technology Readiness Of B2B Firms And AI-Based Customer Relationship Management Capability For Enhancing Social Sustainability Performance. Journal of Business Research, 156. https://doi.org/10.1016/j.jbusres.2022.113525.
Ramadhani, W. (2022, September 14). 4 Transformasi Digital yang Bisa Dilakukan UMKM Indonesia. Https://Kumparan.Com/.
Rao, P., Verma, S., Rao, A. A., & Joshi, R. (2023). A Conceptual Framework For Identifying Sustainable Business Practices Of Small And Medium Enterprises. Benchmarking, 30(6), 1806–1831. https://doi.org/10.1108/BIJ-11-2021-0699.
Rosalina, V. H. H. (2019). Pengenalan Aplikasi Electronic Customer Relationship Management (E-CRM) Pada Pelaku Usaha Mikro Kecil Dan Menengah (UMKM) Desa Harjatani. KUAT: Keuangan Umum Dan Akuntansi Terapan, 1(2), 71–75. https://doi.org/10.31092/kuat.v1i2.465.
Rosyidiana, R. N., & Narsa, I. M. (2024). Micro, Small, And Medium-Sized Enterprises (MSMEs) During The Post-Pandemic Economic Recovery Period: Digitalisation, Literation, Innovation, And Its Impact On Financial Performance. Cogent Business and Management, 11(1). https://doi.org/10.1080/23311975.2024.2342488.
Sijabat, R. (2022). The Effects Of Business Digitalization And Knowledge Management Practices On Business Performance: Findings From Indonesian Micro, Small, And Medium Enterprises. BISNIS & BIROKRASI: Jurnal Ilmu Administrasi Dan Organisasi, 29(2). https://doi.org/10.20476/jbb.v29i2.1350.
Silva, S. C., Corbo, L., Vlačić, B., & Fernandes, M. (2023a). Marketing Accountability And Marketing Automation: Evidence From Portugal. Euromed Journal Of Business, 18(1), 145–164. https://doi.org/10.1108/EMJB-11-2020-0117.
Silva, S. C., Corbo, L., Vlačić, B., & Fernandes, M. (2023b). Marketing Accountability And Marketing Automation: Evidence From Portugal. EuroMed Journal of Business, 18(1), 145–164. https://doi.org/10.1108/EMJB-11-2020-0117.
Sulastri. (2022). Peran Penting UMKM Dalam Ancaman Isu Resesi. Https://Www.Djkn.Kemenkeu.Go.Id/Kpknl-Balikpapan. https://www.djkn.kemenkeu.go.id/kpknl-balikpapan/baca-artikel/15677/Peran-Penting-UMKM-dalam-Ancaman-Isu-Resesi.html.
Tambunan, T. (2019). Recent Evidence Of The Development Of Micro, Small And Medium Enterprises In Indonesia. Journal of Global Entrepreneurship Research, 9(1). https://doi.org/10.1186/s40497-018-0140-4.
Wahyuni, S., Widodo, J., Zulianto, M., & Islami, N. N. (2020). The Analysis Of E-Commerce Utilisation In Micro, Small And Medium Enterprises (MSMEs) At Jember. IOP Conference Series: Earth and Environmental Science, 485(1). https://doi.org/10.1088/1755-1315/485/1/012037.
Wasim, M., Ahmed, S., Kalsoom, T., Khan, M. S., & Rafi-Ul-Shan, P. M. (2024). Market Orientation And SME Performance: Moderating Role Of IoT And Mediating Role Of Creativity. Journal of Small Business Management, 62(2), 938–965. https://doi.org/10.1080/00472778.2022.2100897.
Wiliandri, R.-. (2020). A Conceptual Approach To Identify Factors Affecting The Digital Transformation Of Micro, Small And Medium-Sized Enterprises (MSMEs) During Covid-19 Pandemic In Indonesia. Ekonomi Bisnis, 25(2), 66. https://doi.org/10.17977/um042v25i2p66-85.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2024 Jurnal Manajemen
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
This journal provides immediate open access to its content on the principle that making research freely available to the public supports a greater global exchange of knowledge.
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License