SME Digital Market

Fact & Figure

Location :

Thailand

Donor :

The Small and Medium Enterprise Development Bank of Thailand (SME D Bank)

Implementor :

Kenan Foundation Asia

Project length :

Apr 2022 to Nov 2022

SME Digital Market

Background

The COVID-19 outbreak has affected many business sectors throughout Thailand; small and medium businesses, particularly, have been significantly impacted. SMEs are required to adapt their business strategies to match customer demand. Key strategies for business growth include increasing online business channels, analyzing the market and customer database, developing products and services to meet demand, and adjusting the business model. In the future, digital will be at the core of SME business growth. Strengthening SMEs’ digital marketing by applying proven digital strategies will benefit business owners and enable them to reach their target customers.

 

The Project

Kenan aims to build the capacity of 500 SME owners and entrepreneurs. We will achieve this by strengthening the digital marketing capacity of SMEs to develop their brand and improve profit and return on investment using digital tools.

The project will also look at ways for SMEs to grow their business and provide opportunities to enhance business model digital adaptation and expansion to increase their income.

 

Activities

The project will conduct a series of specialized training sessions, including building skills in digital marketing, Shopee, Google, and Facebook, and online business group consultations.

 

Results

The project aims to recruit 500 participants:

  • 400 participants will set up their own digital platforms, such as Shopee, Google Business Profile, or Facebook Business Page.
  • 250 participants will increase their online business income or participate in an SME-D clinic session
  • At least 70% of the participants will increase their digital marketing knowledge

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