Adapting and Modernizing the Post-Covid Marketing Policy Under the Impact of Consumption Challenges

The turmoil created by the COVID-19 pandemic in all components of the society has effects that become challenging for people and companies. This scientific approach aims at drawing attention primarily to the new trends in consumption and consumer behavior. The main trends identified are the reductio...

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Main Author: Victor Danciu
Format: Article
Language:English
Published: Editura ASE Bucuresti 2021-03-01
Series:Romanian Economic Journal
Subjects:
Online Access:http://www.rejournal.eu/sites/rejournal.versatech.ro/files/articole/2021-03-29/3630/rej20217901danciu.pdf
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author Victor Danciu
author_facet Victor Danciu
author_sort Victor Danciu
collection DOAJ
description The turmoil created by the COVID-19 pandemic in all components of the society has effects that become challenging for people and companies. This scientific approach aims at drawing attention primarily to the new trends in consumption and consumer behavior. The main trends identified are the reduction of expenses, the priority given to basic needs satisfaction, the changes of the structure of the consumer basket, the increasing digitalization, the increase of home delivery, the reorientation towards local shopping, the omnichannel services and increasing of the importance of the green content. The transformation, enrichment and improvement of marketing and especially of the marketing policy in accordance with the change of consumption is another objective of the research. Achieving these objectives will depend on the digital marketing practices and strategies and tactics of product, communication, distribution and price adapted to the new realities.
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spelling doaj.art-34468393ce04412b9595973b7f45d13a2022-12-21T21:10:31ZengEditura ASE BucurestiRomanian Economic Journal1454-42962286-20562021-03-01XXIV7922110.24818/REJ/2021/79/01Adapting and Modernizing the Post-Covid Marketing Policy Under the Impact of Consumption ChallengesVictor Danciu0The Bucharest University of Economic Studies, e-mail: dvictorsambotin@yahoo.comThe turmoil created by the COVID-19 pandemic in all components of the society has effects that become challenging for people and companies. This scientific approach aims at drawing attention primarily to the new trends in consumption and consumer behavior. The main trends identified are the reduction of expenses, the priority given to basic needs satisfaction, the changes of the structure of the consumer basket, the increasing digitalization, the increase of home delivery, the reorientation towards local shopping, the omnichannel services and increasing of the importance of the green content. The transformation, enrichment and improvement of marketing and especially of the marketing policy in accordance with the change of consumption is another objective of the research. Achieving these objectives will depend on the digital marketing practices and strategies and tactics of product, communication, distribution and price adapted to the new realities.http://www.rejournal.eu/sites/rejournal.versatech.ro/files/articole/2021-03-29/3630/rej20217901danciu.pdfcovid-19consumptionconsumer behaviormarketing policymarketing digitalization
spellingShingle Victor Danciu
Adapting and Modernizing the Post-Covid Marketing Policy Under the Impact of Consumption Challenges
Romanian Economic Journal
covid-19
consumption
consumer behavior
marketing policy
marketing digitalization
title Adapting and Modernizing the Post-Covid Marketing Policy Under the Impact of Consumption Challenges
title_full Adapting and Modernizing the Post-Covid Marketing Policy Under the Impact of Consumption Challenges
title_fullStr Adapting and Modernizing the Post-Covid Marketing Policy Under the Impact of Consumption Challenges
title_full_unstemmed Adapting and Modernizing the Post-Covid Marketing Policy Under the Impact of Consumption Challenges
title_short Adapting and Modernizing the Post-Covid Marketing Policy Under the Impact of Consumption Challenges
title_sort adapting and modernizing the post covid marketing policy under the impact of consumption challenges
topic covid-19
consumption
consumer behavior
marketing policy
marketing digitalization
url http://www.rejournal.eu/sites/rejournal.versatech.ro/files/articole/2021-03-29/3630/rej20217901danciu.pdf
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