STRATEGIC INTEGRATION OF DIGITAL MARKETING TECHNOLOGIES IN SMALL AND MEDIUM-SIZED ENTERPRISES: DRIVERS, BARRIERS, AND ECONOMIC PERFORMANCE

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Small and Medium-sized Enterprises (SMEs) constitute an important component of modern market economies,
contributing to innovation, employment generation, and economic agility. However, rapid digitalization presents both transformative
opportunities and operational constraints for firms with limited resources. This study investigates the strategic adoption and impact of
key digital marketing technologies—specifically, Social Media Marketing (SMM), Search Engine Optimization (SEO), and data-driven
Customer Relationship Management (CRM) tools—on SME financial performance and market expansion. Using a quantitative survey
of 250 SMEs, an ordinary least squares (OLS) regression model was estimated to quantify the relationship between digital marketing
expenditure, platform usage intensity, and revenue growth. The findings indicate that a 10-percentage-point increase in the share of
marketing expenditure allocated to digital channels is associated with a 3.85-percentage-point increase in annual revenue growth.
Additionally, the findings suggest that CRM automation may contribute to reducing customer acquisition costs (CAC). Systemic
barriers, including digital skills gaps and financial constraints, are also analyzed. The paper concludes by proposing a practical policy
framework to accelerate digital adoption among SMEs