Value oriented marketing strategies

The complexity of business environment imposes the need for continuous change and reexamination of business marketing strategies of enterprises. Theory and practice of strategic management and marketing show that the activities of marketing, which are closely connected to corporate strategy, are the...

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Main Authors: Stanković Ljiljana, Đukić Suzana
Format: Article
Language:English
Published: Srpsko udruženje za marketing 2009-01-01
Series:Marketing (Beograd. 1991)
Subjects:
Online Access:http://scindeks-clanci.ceon.rs/data/pdf/0354-3471/2009/0354-34710902073S.pdf
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author Stanković Ljiljana
Đukić Suzana
author_facet Stanković Ljiljana
Đukić Suzana
author_sort Stanković Ljiljana
collection DOAJ
description The complexity of business environment imposes the need for continuous change and reexamination of business marketing strategies of enterprises. Theory and practice of strategic management and marketing show that the activities of marketing, which are closely connected to corporate strategy, are the key drivers of growth. There is a positive correlation between competition intensity, marketing strategy and business performance of companies. Even though, managers of many companies don't see a clear connection between marketing strategy and business performance, numerous empirical research show that the companies which possess and efficiently use marketing resources and capabilities are more successful. In knowledge-based economics, the development of value oriented marketing strategies for all participants in the chain is a supposition of the survival, growth and development of companies. Competitive advantage is the essence of any strategy. Acquisition and maintenance of competitive advantage is more successful if the potentials for value creation are used efficiently. The paper examines the critical factors that influence alignment and transformation of marketing strategies in accordance with changes in value estimation. Superior value, is created in different network classes. Theory and practice researches create a reliable basis for the development of new concepts, marketing strategy business models that will contribute to competitive advantage of enterprises and the economy.
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spelling doaj.art-4a1a51b6c43b4b9bb8be3847585521d62022-12-22T00:40:41ZengSrpsko udruženje za marketingMarketing (Beograd. 1991)0354-34712334-83642009-01-0140273780354-34710902073SValue oriented marketing strategiesStanković Ljiljana0Đukić Suzana1Univeristy of Niš, Faculty of Economy, Niš, SerbiaUniveristy of Niš, Faculty of Economy, Niš, SerbiaThe complexity of business environment imposes the need for continuous change and reexamination of business marketing strategies of enterprises. Theory and practice of strategic management and marketing show that the activities of marketing, which are closely connected to corporate strategy, are the key drivers of growth. There is a positive correlation between competition intensity, marketing strategy and business performance of companies. Even though, managers of many companies don't see a clear connection between marketing strategy and business performance, numerous empirical research show that the companies which possess and efficiently use marketing resources and capabilities are more successful. In knowledge-based economics, the development of value oriented marketing strategies for all participants in the chain is a supposition of the survival, growth and development of companies. Competitive advantage is the essence of any strategy. Acquisition and maintenance of competitive advantage is more successful if the potentials for value creation are used efficiently. The paper examines the critical factors that influence alignment and transformation of marketing strategies in accordance with changes in value estimation. Superior value, is created in different network classes. Theory and practice researches create a reliable basis for the development of new concepts, marketing strategy business models that will contribute to competitive advantage of enterprises and the economy.http://scindeks-clanci.ceon.rs/data/pdf/0354-3471/2009/0354-34710902073S.pdfMarketing StrategyValueCustomerCompetitivenessNetwork
spellingShingle Stanković Ljiljana
Đukić Suzana
Value oriented marketing strategies
Marketing (Beograd. 1991)
Marketing Strategy
Value
Customer
Competitiveness
Network
title Value oriented marketing strategies
title_full Value oriented marketing strategies
title_fullStr Value oriented marketing strategies
title_full_unstemmed Value oriented marketing strategies
title_short Value oriented marketing strategies
title_sort value oriented marketing strategies
topic Marketing Strategy
Value
Customer
Competitiveness
Network
url http://scindeks-clanci.ceon.rs/data/pdf/0354-3471/2009/0354-34710902073S.pdf
work_keys_str_mv AT stankovicljiljana valueorientedmarketingstrategies
AT đukicsuzana valueorientedmarketingstrategies