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How ineffective entrepreneurial selling contributes to business failure: an explorative study on business owners of small and medium enterprises in The Netherlands.

Authors :
de Groot, Maurik
Wakkee, Ingrid
Source :
Journal of Personal Selling & Sales Management; Jun2024, Vol. 44 Issue 2, p162-176, 15p
Publication Year :
2024

Abstract

Only recently have scholars begun to explore the cross-section connection of entrepreneurship and personal selling and introduced the notion of entrepreneurial selling. This study contributes to the emerging debate by addressing the personal selling role of business owners of small and medium-sized enterprises (SMEs) in the business-to-business (B-to-B) market in the context of failure. It examines how business owners make sense of their entrepreneurial selling activities and how underperformance in this role contributes to failure. Based on a literature review and interviews, the paper concludes that entrepreneurial selling is a crucial activity for preventing business failure and one that business owners recognize. Reasons for underperformance include business owners spending too little time on selling, their lack of personal selling skills, and procrastinating their selling activities. Answering the "bird-in-the-hand sales means" questions can produce either success or failure. Future research avenues are then suggested. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
08853134
Volume :
44
Issue :
2
Database :
Complementary Index
Journal :
Journal of Personal Selling & Sales Management
Publication Type :
Academic Journal
Accession number :
177455582
Full Text :
https://doi.org/10.1080/08853134.2023.2202857