Investigating the revised international marketing strategies during COVID-19 based on resources and capabilities of the firms: A mixed method approach (original) (raw)

Strategic Perspectives of the Digital Marketing Transformation as an Enabler of Technological Change in Organizations During the Covid-19 Pandemic

Strategic Perspectives of the Digital Marketing Transformation as An Enabler of Technological Change in Organizations During the COVID-19 Pandemic, 2021

As the COVID-19 pandemic expands the proportions of its influence throughout the world, businesses are incessantly inspecting adapted techniques for developing a governance model that as core principles amalgamate the organizational change and digital transformation, inducing response to the triggered strong need of restructuring the management processes, marketing and communication strategies, organizational policies and procedures. By promoting a discourse that examines the impact of digitalization on the marketing communication channels in businesses, we aim to stress the importance of discovering a proper approach of developing business practices focussed on fostering a technological change in organizations and the development of adapted communication strategies. The dynamic nature of current marketing trends, increase the need of implementing innovative technologies and communication tools resulting in greater customer reach and customer retention. To improve the efficiency of marketing strategies, organizations should behold of the intraorganizational challenges and the potential strategic management approaches taken in consideration the regulatory and legal environments in which businesses operate. Hence, we attempt to identify the marketing and managerial implications of the current COVID-19 crisis and provide suggestions for proper resource allocation in terms of digitalization, resulting in enhanced operational excellence, effectiveness and efficiency. Notwithstanding the fact that environmental complexity led to organizational complexity as proposed by the contingency theory, it is out of major importance for businesses to find ways to enhance 2 13 Strategic Perspectives of the Digital Marketing Transformation processes and utter digitalization in the marketing-communication strategies as part of organization's internal environment, particularly during the COVID-19 pandemic crisis.

A Review of Digital Marketing and Service Marketing during the COVID-19 and the Digital Economy

Advance Knowledge for Executives, 2022

Objective: As the COVID-19 pandemic expands its influence across the globe, businesses are continuously adopting techniques for developing the business model that incorporates organisational change due to digital economy as its core principles, inducing response to the triggered strong need for reorganising management processes, marketing and communication, and organisational strategies. This paper aims to digital marketing and service marketing during the COVID-19 pandemic and the digital economy. Method: In this article, a systematic literature review was conducted. In addition, the literature and data were gathered from various books and scholarly articles retrieved from EBSCO, Google Scholar, Scopus, Web of Science, and ScienceDirect. The studies that were published in English and were peer-reviewed were included. Five independent reviewers evaluated search results, extracted data, and determined the quality of the studies to summarise and report the findings. Result: The results reveal that the digitalisation in marketing communication channels in businesses highlights the significance of discovering a proper method for developing business practices centred on fostering technological change in organisations and the creation of adapted communication strategies. The dynamic nature of current marketing trends increases the necessity of implementing innovative technologies and communication tools that increase customer satisfaction and retention (loyalty) through customer relationship management (CRM) and digital marketing activities in the digital economy. Conclusion: It can conclude that businesses should consider the challenges and potential strategic management approaches that consider the regulatory and legal environments in which they operate to improve the efficacy of their marketing strategies for competitive advantage in the digital economy. Recommendation & Implication: The recommendation is that the marketers and managerial implications of the current COVID-19 crisis provide the optimal allocation of digitalisation-related resources, resulting in improved operational excellence, effectiveness, and efficiency. Although environmental complexity led to organisational complexity, it enhanced processes. Moreover, it completed the digitalisation of marketing-communication strategies as part of the organisation's internal environment, especially during the COVID-19 pandemic and digital economy.

Post-Covid-19 Marketing Management Strategy In Digital Business

International Journal of Management and Business Economics

This study analyzes business strategies using digital marketing after the Covid-19 pandemic. The research was carried out using a descriptive qualitative approach with the type of literature review research. The primary data sources for this research are digital marketing books and journals related to the marketing business. How to collect data by collecting several relevant research journal articles. This data analysis uses content. The study results show that in the post-covid-19 pandemic, there has been a habit of people who like to shop online. There is a need for a business strategy to deal with this and maintain the existence of a digital marketing business. Business strategies can be implemented for online companies as a digitalization strategy using digital marketing by implementing search engine marketing, digital content marketing, Pay-per-click Ads, and influencer marketing. The recommendations from this study require digital business applications that are easily accessib...

The role of powerful business strategy on value innovation capabilities to improve marketing performance during the COVID-19 pandemic

Uncertain Supply Chain Management

The study on marketing in terms of the creative economy as a result of COVID-19 is a dynamic problem between business sustainability and the business environment. Business strategy is the key to improve marketing performance, antecedent's entrepreneurial orientation and market orientation business strategies to drive the value of dynamic innovation and marketing capabilities. Business strategy needs to be established based on Resources based theory (RBV) to manage business resources effectively and efficiently in the craft business. This paper performs a survey on 187 entrepreneurs of Nyatu tree sap products, in the province of Central Kalimantan, Indonesia. The study is a quantitative analysis with a questionnaire processed with the application of SEM-AMOS 24 statistics. The results of the research estimate and goodness of fit index and evaluation of business strategies are applied to reach an environmentally friendly and quality manner for customer support. The research implication is that businesses can continue to implement dynamic business strategies with the business environment in their business practices during the COVID-19 pandemic. The research can also be a reference for empirical research studies on business strategies for handicraft business resources. .

Understanding Marketing Communications Strategies During and Post Covid 19: A South African Perspective

International Review of Management and Marketing

The impact of the COVID-19 pandemic resulted in a shift in consumer behaviour, as there was an increase of first-time E and M-commerce shoppers. This resulted in South African marketers adjusting to digitisation by creating clear communication and marketing strategies. The research objectives of this study were to understand how South African brand and marketing managers adapted to the COVID pandemic and to comprehend how marketing communication strategies in general have changed since. A qualitative methodology of structured interviews was conducted. A convenience sampling method was used to select the participants. The research findings indicate that the eight managers interviewed relied on face-to-face interaction with the customer through in store promotions and events before COVID-19. Several interviewees stated that communication on product benefits and features relied heavily on in-store activations. However, during the COVID-19 pandemic, all marketers who participated in the...

Marketing Strategy and Implementation in the Covid-19 Era. A Literature Review

City University eJournal of Academic Research (CUeJAR), 2021

Purpose: Covid 19 attack on global level has thrown many challenges to many sectors and business is not an exception here. It has shaken the economies of developed, underdeveloped, and developing countries. The aim of this study is identify how companies can adapt their marketing policies and strategies during the COVID-19 crisis. We discuss the effects of COVID-19 on consumer behaviour and elaborate on the consequences of this disruption for marketing strategies. Methodology: In completing this study, a qualitative analysis method was carried out. This research was to analysed the finding from the previous research in area marketing. This paper identifies various policies and strategic options that businesses are presently using. Result and Discussion: From previous studies, this crisis shows similarities with changes in consumer behaviour and the way marketing is conducted during economic downturns. However, it also displays different features of down cycles, such as the accelerated transition of use between categories and the accelerated transition from offline to online behaviour especially for Malaysians. Conclusion and Recommendation: This pandemic era offers many opportunities for marketers to demonstrate their value for companies which either are hurt by COVID-19 or are doing well by facilitating how we deal with the unprecedented situation caused by this pandemic. The same holds for marketing researchers who study transient and permanent effects of COVID-19 on consumer behaviour and how marketing strategies and marketing policies can be adapted by company.

Rethinking of Marketing Strategies Post Covid-19

RED’SHINE PUBLICATION INC., 2021

Covid 19 pandemic has caused a change in advertisement, marketing strategy, media expenses and promotional activities strategy, television expenses and promotional activities. It has compelled businesses to reconsider their marketing philosophies. It has made marketers to rethink how their firms are going to attract and communicate with consumers. Marketers among all business sectors must move further than crisis planning to learn lessons and explore lost chances to benefit their consumers and businesses. This paper discusses six marketing strategies which an organisation can adopt in the time of covid 19 crisis to make sure the survival and growth of the business. This is a reviewbased paper that has used existing literature and other secondary sources to study marketing strategies which an organisation can adopt in the time of covid 19

Impact of Covid 19 Pandemic on Digital Marketing

EPRA International Journal of Environmental Economics, Commerce and Educational Management

Development of mobile marketing during sudden outbreak of pandemic Covid 19 has witnessed dramatic growth of homogeneous based marketing contents. This pandemic scenario primarily upended playbook of varied marketers that result in challenging existing rules about building customer’s relationships and building of brands. It has been identified that some MSME are impacted through the digital marketing process after covid19 situation. The literature review of this study has been contributed on the function of digital marketing in basic feature of business development. It imposes the culture and method on service growth to move forward the improvement in business. The methodological approach of the study has been included with the followed design and philosophical aspect that helped this research to meet its every objectives. Role of digital marketing on financial performance of some organisations and the implications of the digital transformation model has been identified to be the mo...

Changes in marketing management induced by the COVID-19 pandemic: Lithuanian organisations’ marketing landscape

Scientific Annals of Economics and Business, 2021

The COVID-19 pandemic has affected all aspects of people's lives, politics, and business. The pandemic forced businesses to overlook their strategies including the marketing function. Therefore, the research aims to determine changes in organizations' marketing management that have been induced by the COVID-19 pandemic in Lithuania. To achieve the aim of the research the analysis and synthesis of scientific literature and questionnaire research have been applied. The analysis of the research results revealed that organisations increasingly take advantage of the benefits of e-commerce. Nevertheless, most of the organisations do not follow global recommendations not to decrease marketing or advertising budgets during the crisis, and it was especially evident during the first wave of the COVID-19 pandemic. Moreover, the assumption could be made that the COVID-19 pandemic will accelerate the paradigm shift in a business-consumer relationship. The provided results are valuable for scientists as well as marketing practitioners. Insights provided in the research will enable organisations to react appropriately to the crisis and take necessary marketing actions. Moreover, the received results have indicated the changes which occurred in the marketing landscape. These findings create scientific value and provide a basis for further research.

Analysis of Digital Marketing Strategy in the Era of the COVID-19

Quantitative Economics and Management Studies

The COVID-19 pandemic significantly affects the advancement of business entertainers in Indonesia. Business entertainers should track down the right technique to make due. One of the procedures during the pandemic is computerized showcasing, which permits business entertainers to advertise their items without being compelled by arrangements during the pandemic. Research on advanced promoting techniques for business entertainers to contend in this pandemic time utilizes subjective strategies with a logical distinct methodology. Expressive exploration is gathering information in light of the elements that help the object of examination. Subjective examination manages thoughts, insights, assessments, convictions of individuals to be contemplated and every one of them can't be estimated by numbers. The motivation behind the review was to discover how the procedures, components, cycles and exercises of business entertainers in utilizing advanced showcasing to contend during the pande...