Abstract
This research explores the link between contemporary marketing practices, market orientation (MO), and business performance in ruguay, an emergent country that has recovered from an economic crisis. These approaches seem to be related but there is no existing evidence to confirm this impression. Lessons can be learned from understanding how effective the adoption of marketing practices is under a crisis scenario. Using data from interviews with 143 micro and small firms' managers, we identify three clusters dependant on the combination of marketing practices: a multimarketing cluster, a medium‐level relationship marketing cluster, and a transactional cluster. A model relating MO components and various performance measures is tested for the three clusters, showing that the multimarketing and transactional clusters are more effective in translating efforts and resources into business outcomes.
Acknowledgements
The authors thank support received through two projects of the Spanish Ministries of Education and Science, and Economy and Competitiveness: SEJ2007‐65897 and ECO2011‐27942.
Additional information
Notes on contributors
Nora Lado
Nora Lado is professor of marketing in the Department of Business Administration, University Carlos III of Madrid.
Lola C. Duque
Lola C. Duque is assistant professor of marketing in the Department of Business Administration, University Carlos III of Madrid.
Daniel Alvarez bassi
Daniel Alvarez Bassi is assistant professor of marketing in the Marketing and Tourism Research Center, Universidad Católica del Uruguay.