Digital and social media marketing-growing market share for construction SMEs

Malesev, S. and Cherry, M. (2021) Digital and social media marketing-growing market share for construction SMEs. Construction Economics and Building, 21(1), pp. 65-82. ISSN 2204-9029

Abstract

The construction industry has not been an early adopter of social media and digital marketing, due largely to lack of knowledge of and skills in these areas. Nevertheless, effectively deployed, digital and social media marketing can be a disruptive force allowing smaller residential construction companies to build brand awareness and win business from larger competitors. This study uses a qualitative approach-interviews with residential construction small to medium enterprises (SMEs) and adjacent industry actors-to obtain data addressing the key questions of the residential construction sector SMES' digital marketing attitudes and capabilities; whether digital and social media marketing is as or more effective than traditional marketing strategies; and the challenges facing SMEs in making effective use of digital marketing strategies. The findings confirm widespread recognition of the value of digital marketing strategies among SMEs but reveal that uptake and effective use of digital marketing is undermined by deficiencies in external environment analysis and a lack of the investment and training needed to plan, monitor and maintain effective and up-to-date marketing mixes, strategies and objectives. Based on the findings, recommendations are offered for improving residential construction SMEs' uptake and effective use of digital and social media marketing.

Item Type: Article
Uncontrolled Keywords: brand equity; digital marketing; residential construction; SMEs; social media
Index terms: strategy, interview, market share, residential construction, qualitative approach, construction industry, social media, marketing
Subjects: research methods, business, technology adoption, management, construction integration, industry analysis, market analysis, data collection methods
Topics: Digital Applications, Research Practice, Business Strategy
Descriptive scope: 5 PCTEA

N.B. Descriptive scope is a count of how many of the five facets of empirical research are indicated by the words used in title, abstract and keywords. It is not intended as a judgement on the research; merely a count of the kind of word we would expect to indicate Phenomenon, Concepts, Theoretical framing, Empirical techniques, Analytical techniques. If all five are present, then a code of “5 PCTEA” will indicate this. If you feel the coding for this record is questionable, we welcome discussion around the terms we matched or the way we categorized them. The facet you would expect may not be coded, or a facet may be coded inappropriately. This can also bear on a larger question, of which facets should be treated as defining in construction management research. Please get in touch, and we will look at it. More details here