Academic publishing in Europe and N. America

Archive Publication ethics Submission Payment Contacts
In the original languageTranslation into English

THE MAIN ASPECTS OF MARKETING SYSTEMS OF STRATEGIC MANAGEMENT IN THE NEW DIGITAL ERA

Authors

Jemma Saakyan, Lia Berikashvili

Rubric:Marketing
380
4
Download articleQuote
380
4

Annotation

Digital transformation is one of the main trends of economic development in modern society. Business organizations tend to incorporate modern social media platforms into their businesses because they can gain popularity on the Web. Nowadays, the fear of using digital gadgets and online stores has decreased, and the use of electronic payments has increased. This study aims to reduce the academic-practical gap between digital and traditional marketing studies. The company’s operational and social performance are directly connected to their product consumption. Our survey analysis confirms that the level of social media platform usage in small and medium sized Georgian wine companies is quite low. The problem mentioned is directly connected with the lack of specialists working in the field. The digital acceleration can empower companies to reach the right consumers while requiring a lot of effort and operational actions. These findings provide theoretical input, managerial implications, and future research directions for integrated research in the Georgian business segment.

Keywords

Marketing System
Digital Era
Social Media
Georgian Wine
Strategic Management

Authors

Jemma Saakyan, Lia Berikashvili

References:

Astrachan, C. B. (2018). Branding the family firm: a review, integrative framework proposal, and research agenda. Journal of Family Business Strategy, Vol. 9 No. 1, 3-15.

Bruwer, J. W. (2005). The Australian online wine-buying consumer: Motivational and behavioural perspectives. Journal of Wine Research, 193-211. doi:DOI: 10.1080/09571260600556666

DataReportal. (2023). datareportal.com. Retrieved from https://datareportal.com/digital-in-georgia?rq=georgia

DataReportal. (March 2023 ). datareportal.com. Retrieved from https://datareportal.com/reports/digital-2023-global-overview-report

Iordache Platis M., O. C. (2022). Evolution of the Online Sales of Sustainable Products in the COVID-19 Pandemic. Sustainability (Switzerland), Volume 14. doi:DOI 10.3390/su142215291

Kraus, S. C. (2020). The economics of COVID-19: initial empirical evidence on how family firms in five European countries cope with the corona crisis. International Journal of Entrepreneurial Behavior & Research, Vol. 26 (No. 5), 1067-1092. doi:https://doi.org/10.1108/IJEBR-04-2020-0214

Pandey, N. N. (2020). Digital marketing for B2B organizations: structured literature review and future research directions. Journal of Business & Industrial Marketing, Vol. 35 No. 7, 1191-1204. doi:https://doi.org/10.1108/JBIM-06-2019-0283

Rytkönen, L. V. (2021). Tales of Georgian wine: storytelling in the Georgian wine industry. Journal of Wine Research, 32:2, 117-133. doi:DOI: 10.1080/09571264.2021.1940903

Sridhar, S. F. (2019). New vistas for marketing strategy: digital, data-rich, and developing market (D3) environments. Journal of the Academy of Marketing Science, 977-985. Retrieved from https://doi.org/10.1007/s11747-019-00698-y

Zhang, Y. N. (2023). The social media industry: where is it heading? Journal of Business Strategy. doi:DOI 10.1108/JBS-12-2022-0209

Other articles of the issue

Giorgi Zhvania INTERNAL AUDIT AND INSPECTION IN LOCAL SELF-GOVERNANCE
Download article in PDF311 views
cc-license
About us Journals Books
Publication ethics Terms of use of services Privacy policy
Copyright 2013-2024 Premier Publishing s.r.o.
Praha 8 - Karlín, Lyčkovo nám. 508/7, PSČ 18600, Czech Republic pub@ppublishing.org