Theoretical and Applied Economics
No. 4 / 2010 (545)
The Gravity Law of Marketing - a Major Reason for Change to a Better Performance
Bucharest Academy of Economic Studies
Abstract. Companies develop marketing strategies only for success. But, sooner or later, even the most successful strategies begin to wear out and lose their impact on the performances of the company. The mutual attraction between the marketing strategy and the performance of the company is known as the law of marketing gravity. Once a marketing strategy loses impact on the marketing performance as a result of the law of marketing gravity a fundamental change is needed. This change must be made according to a new marketing thinking during a cyclic process for development of the new marketing strategy. This paper is aiming to point out that companies must recognize the limited viability of their marketing strategies, identify the causes of the strategic wear out and implications of the law of the marketing gravity. All these should be a solid ground for marketing strategic change which must be included in the general plans of change of the company and implemented with the particular tools of the strategic management of change.
Keywords: law of marketing gravity; strategic drift/wear-out; strategic opportunism; strategic change; cycle of change.
Contents
- The Consumerism and Consumer Protection Policies in the European Community
Ionel BOSTAN
Aurel BURCIU
Veronica GROSU
- Comparative Analysis of Investment Funds Stocks-based Portfolios and BET Stocks-based Portfolios
Ion STANCU
Elena RADU (STANGA)
- The Management of the Citizen Oriented Applications
Ion IVAN
Bogdan VINTILĂ
- Impact of Public Internal Financial Control on Public Administration in Croatia
Vesna VAŠIČEK
Martina DRAGIJA
Mirjana HLADIKA
- International Trade under Crisis Constraints
Alexandru TRIFU
- The Management of Operational Risk Specific to Non-banking Financial Institutions in the Context of Actual Financial Crisis
Nicolae DARDAC
Petronel CHIRIAC
- Testing the Nonlinearity of the Phillips Curve. Implications for Monetary Policy
Georgiana BALABAN
Denis VÎNTU