Marketing Initiatives, Expenditure Effect on Organisational Performance in the South African Health Care Market

Loading...
Thumbnail Image

Authors

Willie, MM.

Issue Date

2021-12

Type

Language

Keywords

Research Projects

Organizational Units

Journal Issue

Alternative Title

Abstract

This study assessed the effects of marketing expenditure, marketing initiatives classified by type (financial and relational) and direction (positive and negative) and their impact on organisational performance (OP) (financial measures) in the South African health care market. The study considered two grounded theories, being the resource-based view and dynamic capabilities theory (DCT). Furthermore, an empirical review of research variables identified the specific variables. The method of analysis was a quantitative research method based on the medical scheme population. Data sources used were expenditure data collected from the regulator over a three-year review period. A regression analysis approach was employed to analyse the effect of marketing initiatives on organisational performance, mainly Hierarchical Regression analysis, due to the distribution of the outcome or independent variables, membership adjusted marketing expenditure. A lognormal distribution was employed to model the data. The findings revealed that marketing effectiveness affected marketing efficiencies. This factor was statistically significant both in terms of capabilities and positional advantage. The results also showed the effect of adaptiveness on marketing effectiveness. Lastly, the study found that the operating model was not a mediating factor between marketing and organisation performance. The study recommends further reviewing the operating model employed by medical schemes and optimising resources such as marketing capabilities through outsourced or insourced models. The study also recommends that medical schemes invest in insourcing some of the activities where possible. In iii instances where this is not feasible, medical schemes should develop performance measures or contract management processes and tools to monitor the performance of third parties who conduct marketing functions and closely align these to the scheme’s growth strategies.

Description

Citation

Publisher

License

Journal

Volume

Issue

PubMed ID

DOI

ISSN

EISSN

Collections