KOREASCHOLAR

MARKETING STRATEGIES ON MACRO-ENVIRONMENT LEVELS- SUCCESS DETERMINANTS AND POST MARKETING PLAN IMPROVISATION DURING GLOBAL TRADE POLICY CHANGES

Christine Falkenreck, Ralf Wagner
  • LanguageENG
  • URLhttp://db.koreascholar.com/Article/Detail/422663
Global Marketing Conference
2023 Global Marketing Conference at Seoul (2023.07)
p.563
글로벌지식마케팅경영학회 (Global Alliance of Marketing & Management Associations)
Abstract

Political conflicts and trade tensions affect entrepreneurial activities. This paper qualitatively evaluates the success factors of a B2B company’s marketing management strategies within the context of trade policy changes. Results indicate that a strong brand, personal ties to customers, retailers and competitors, and international manufacturing sites reduce the risk. Companies not only face the challenge of disruptive innovation caused by global digitalization activities. In addition, disruptions in the macro-environment are actually increasing. One example that impedes the growth of industrial activities is the current, still escalating, US-China trade war. Unusual forms of marketing coalitions and networks in trans-organizational systems are considered key constellations to ensure future company success (Achrol, 1991). What are the success factors for a B2B company’s marketing management strategies within the context of disruptive economic market and industry conditions, e.g., international trade policy changes?

Author
  • Christine Falkenreck(Hof University, Germany)
  • Ralf Wagner(University of Kassel, Germany)