PROFILING THE DRIVERS OF MARKET POWER OF WINERIES. THE CASE OF SOUTHERN BULGARIA

During last decade the competition on wine market of Europe is going higher. This is a result from regulation of wine industry under common agricultural policy of European Union. In such market condition the leading role of all departments in every winery is marketing unit. The purpose of this resea...

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Main Authors: Petar Borisov, Teodor Radev
Format: Article
Language:English
Published: BelloPrint Pazardjik 2020-06-01
Series:Journal of Bio-Based Marketing
Subjects:
Online Access:https://journalbbm.files.wordpress.com/2020/03/article_1-1.pdf
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author Petar Borisov
Teodor Radev
author_facet Petar Borisov
Teodor Radev
author_sort Petar Borisov
collection DOAJ
description During last decade the competition on wine market of Europe is going higher. This is a result from regulation of wine industry under common agricultural policy of European Union. In such market condition the leading role of all departments in every winery is marketing unit. The purpose of this research is to be estimated the influence of scale of equity and strategic marketing activities on market power of winery. Using statistical approach is verifying the basic thesis concerning the basic factors which define the market power in wine sector. The statistical analysis is developed in two stages – 1) influence the scale of equity and assets on market share and 2) influence of strategic marketing activates on market share. It can be concluded that the studied factors affecting the market power of wine enterprises. The great variety of the offered product range on the market shows that wine enterprises pursue an active product policy. The other elements of the marketing mix are not so important.
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spelling doaj.art-d1c7076a0e7747fc943278009920b6972022-12-22T00:36:10ZengBelloPrint PazardjikJournal of Bio-Based Marketing2683-08252020-06-01222128PROFILING THE DRIVERS OF MARKET POWER OF WINERIES. THE CASE OF SOUTHERN BULGARIAPetar Borisov0https://orcid.org/0000-0003-4236-9482Teodor Radev1https://orcid.org/0000-0002-5367-2121Agricultural university of PlovdivAgricultural University of PlovdivDuring last decade the competition on wine market of Europe is going higher. This is a result from regulation of wine industry under common agricultural policy of European Union. In such market condition the leading role of all departments in every winery is marketing unit. The purpose of this research is to be estimated the influence of scale of equity and strategic marketing activities on market power of winery. Using statistical approach is verifying the basic thesis concerning the basic factors which define the market power in wine sector. The statistical analysis is developed in two stages – 1) influence the scale of equity and assets on market share and 2) influence of strategic marketing activates on market share. It can be concluded that the studied factors affecting the market power of wine enterprises. The great variety of the offered product range on the market shows that wine enterprises pursue an active product policy. The other elements of the marketing mix are not so important.https://journalbbm.files.wordpress.com/2020/03/article_1-1.pdfmarket powerconcentration of capitalmarketing activitiesmarket shareequity
spellingShingle Petar Borisov
Teodor Radev
PROFILING THE DRIVERS OF MARKET POWER OF WINERIES. THE CASE OF SOUTHERN BULGARIA
Journal of Bio-Based Marketing
market power
concentration of capital
marketing activities
market share
equity
title PROFILING THE DRIVERS OF MARKET POWER OF WINERIES. THE CASE OF SOUTHERN BULGARIA
title_full PROFILING THE DRIVERS OF MARKET POWER OF WINERIES. THE CASE OF SOUTHERN BULGARIA
title_fullStr PROFILING THE DRIVERS OF MARKET POWER OF WINERIES. THE CASE OF SOUTHERN BULGARIA
title_full_unstemmed PROFILING THE DRIVERS OF MARKET POWER OF WINERIES. THE CASE OF SOUTHERN BULGARIA
title_short PROFILING THE DRIVERS OF MARKET POWER OF WINERIES. THE CASE OF SOUTHERN BULGARIA
title_sort profiling the drivers of market power of wineries the case of southern bulgaria
topic market power
concentration of capital
marketing activities
market share
equity
url https://journalbbm.files.wordpress.com/2020/03/article_1-1.pdf
work_keys_str_mv AT petarborisov profilingthedriversofmarketpowerofwineriesthecaseofsouthernbulgaria
AT teodorradev profilingthedriversofmarketpowerofwineriesthecaseofsouthernbulgaria