Dissertation/Thesis Abstract

Marketing Strategies of U.S. Small Businesses Led by African Immigrants
by Osei-Sarfo, Sophia, D.B.A., Walden University, 2018, 136; 10843577
Abstract (Summary)

Small businesses play a vital role in the U.S. economy and represent 99.7% of all U.S. businesses. Small business failure rate is 50% within the initial 5 years. Creating and executing a well-formulated marketing strategy is essential to business sustainability. Effective marketing strategy builds small business survival rates and supports long term execution advantages. The purpose of this qualitative multiple case study was to explore the marketing strategies that African immigrant small grocery store owners use to sustain their businesses for longer than 5 years. The population included 5 successful first-generation African immigrant small business owners located in the Bronx County who had developed a well-formulated marketing strategy. Kohli and Jaworski’s marketing orientation theory served as the conceptual framework. The van Kaam data analysis process was used to validate findings. The data analysis included diverse mind maps, project maps, explorations with participant response and document analysis. Three marketing strategy themes emerged: customer retention and attitudes, inventory that promote value for potential buyers that result in superior performances, conventional and unconventional marketing that focuses on lowering cost of product and services to meet market needs of individuals. The findings revealed several features of how to use marketing strategies effectively to improve stability in the local economy by reducing small business failure rates, increasing profitability, and promoting buyer value. Application of the findings may result in a positive social change by increasing local community employment opportunities and enhancing residents’ standards of living.

Indexing (document details)
Advisor: Nwosu, Frederick
Commitee: Blando, Judith, Burrus, Scott
School: Walden University
Department: Management
School Location: United States -- Minnesota
Source: DAI-A 79/12(E), Dissertation Abstracts International
Source Type: DISSERTATION
Subjects: Business administration, Black studies, Marketing
Keywords: African immigrants, Marketing strategies, U.S. small businesses
Publication Number: 10843577
ISBN: 9780438258952
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