Strategies in Competitive Business Environment | Report

Running head: MARKETING MANAGEMENT
Marketing Management
Name of the Student
Name of the University
Author note

1MARKETING MANAGEMENT
Executive Summary
The report has been able to analyse the different kinds of strategies which can be
implemented by the Farsons Company in the competitive business environment. It has been
noticed that the company has been capable of analysing the different strengths, weaknesses,
opportunities and threats which needs to be improved with the help of the SWOT and
PESTEL analysis. The BCG matrix helped in understanding the position of the different
products in different departments and it helped in improving their efficiency to a large extent.
Moreover, the marketing mix has been capable of analysing the position of the product in the
competitive business environment.

2MARKETING MANAGEMENT
Table of Contents
Introduction................................................................................................................................3
1.1 Role of Strategic Marketing in Farsons...............................................................................3
1.2 Processes Involved in Strategic Marketing..........................................................................4
1.3 Analysis of Linkage Between Strategic Marketing and Corporate Strategy.......................6
2.1 Analysis of Tools Used for Development of Strategic Marketing Aspect...........................7
2.2 Analysis of Linkage Between Strategic Positioning and Marketing Tactics.......................9
2.3 Analysis of Merits of Relationship Marketing in Strategic Marketing Strategy.................9
3.1 Analysis of Marketing Techniques for Ascertaining Growth Opportunities in Market....10
3.2 Utilisation of Marketing Strategy Options in Market........................................................11
3.3 Creation of Appropriate Strategic Marketing Objectives for Market................................12
4.1 Impact of Changes in External Environment on Marketing Strategy................................13
4.2 Internal Analysis for Identifying Strengths and Weaknesses in Marketing Strategy........15
4.3 Proposing of Strategic Marketing Responses to Key Emerging Themes in Marketing
Strategy....................................................................................................................................17
Conclusion................................................................................................................................17
References................................................................................................................................19

3MARKETING MANAGEMENT
Introduction
The report throws light in analysing the strategic management analysis of Simonds
Farsons Cisk which is commonly known as Farsons. The company is commonly known as
Maltese food and beverage company conglomerate present in Malta. The company is
headquartered at Birkirkara, Malta and it was incorporated in the year 1928. The areas which
are served by the company is Malta and the company has been focusing mainly on brewing,
selling and production of the different soft drinks along with beer and other food items which
are liked by the different customers present in Malta.
The main products which are sold by Farsons Malta include the different kinds of
alcoholic and non-alcoholic drinks and other food items such as sauces and condiments along
with cereals and snacks which help them in attracting customers. The product which will be
showcased in the respective report is Diet Kinnie Soft Drinks which is one such product that
is sugar free and especially prepared for the ones who are health conscious, yet prefer to
consume soft drinks. It is the zero-calorie variant of Kinnie and it is Malt’s own favourite soft
drink as well (Farsons.com 2020). Diet Kinnie has now become the integral part of the
Kinnie Portfolio and the sales have increased to a large extent in the last few years as the
customers are preferring such food items more than the regular soft drinks which are high in
calorie.
1.1 Role of Strategic Marketing in Farsons
As commented by Wahab et al. (2016), strategic marketing is helpful in proper
identification of the different strengths of the company that will be assisting them in
differentiating themselves from the other competitor companies that are present. The strategic
marketing plays a crucial role in the company as it will be assisting the company in achieving

4MARKETING MANAGEMENT
goals through utilising the different scarce resources in an efficient manner. In case of
Farsons, the company has been capable of introducing the zero calorie soft drinks which has
been the main attraction among the young generation who are working and college goers
especially, the ones who are conscious regarding their health and wants to consume food and
drinks which are tasty and healthy as well (Vilkey and Dehbid 2016).
1.2 Processes Involved in Strategic Marketing
As opined by Trivedi (2018), the process involved in strategic marketing includes the
following steps which will be effective in generating positive impact on the entire business
which are described as:
Planning the mission, objectives and vision is the first process that involved in
strategic marketing as the managers along with other stakeholders of the company needs to
define the same that will be propelling the strategic marketing. The objectives need to be
analyzed on SMART approach that enhances the appropriateness of the goals which needs to
be developed and achieved by the company successfully (Trigeorgis and Reuer 2017).
Secondly, analysis of the positioning in the industry is the other approach which needs
to be implemented by the companies through the help of SWOT analysis for understanding
the external opportunities and threats and internal strengths and weaknesses. In addition,
brand positioning, segmentation and targeting needs to be analyzed for establishing
memorable impression on different customers (Thieu et al. 2017).
Establishment of the marketing tactics is the other aspect which needs to be
implemented by the companies for generating a strong view on the marketing mix for
creating the strong brand image in the market (Tengeh and Nkem 2017).

5MARKETING MANAGEMENT
Putting the entire process in the work is the other element which needs to be
implemented forb development of schedules and executing process which will be capable of
gaining competitiveness (Soosay et al., 2016).
Lastly, evaluation and modification are the aspects which will be capable of critically
executing the SMART planning techniques in a successful manner.
In case of Farsons, the company is successfully in following their mission and vision
which includes the fact that “they want to create and nurture the world class brands which
will be inspiring the loyalty and trust among the different customers”. Moreover, the
company is aiming to employ more trained employees who have the capability to deliver the
quality as well as sustainable driven operations in the market successfully without much
issues (Reinecke 2016).
The company has been working towards their vision and it was effective for them in
managing their performance in a positive manner successfully. Additionally, Farsons is
working on the mission on a daily basis through achieving exceptional standards of
experience in introducing more such drinks and attract large group of customers through
focusing on the individual and collective efforts (Read and Sanderford 2016). The objectives
of Farsons is to act as the dedicated food and beverage partner wherein they are capable of
achieving and providing customers with myriad opportunities on offer, which includes both
taste and health fitness (Prajogo 2016).
In case of Farsons, the company has been able to work towards their mission and
vision and through understanding the needs and preferences of customers thoroughly.
Through the SWOT analysis, the company has been able to generate the low-cost airline
facilities to the customers through providing competent services.

6MARKETING MANAGEMENT
Figure 1: Perceptual Mapping of Farsons Organic Soft Drinks
(Source: Created by author)
From the perceptual mapping of the Farsons Organic Soft Drinks, it can be analyzed
that the different customers are preferring to consume the organic drink as they are less in
calorie and it will be improving the growth prospects of the company successfully. Farsons
Organic Soft Drinks are capable of developing the low aerated as well as less artificial soft
drinks which will be playing a vital role in managing the effectiveness of the company
successfully as the health-conscious customers are preferring to consume the healthiest as
well as tasty soft drinks which will be meeting their taste and preferences.
1.3 Analysis of Linkage among Strategic Marketing as well as Corporate Strategy
As opined by Postavaru et al. (2019), the corporate strategy is considered to be the car
engine of company and it helps in driving the business towards the long-term goals of the
company successfully. The company is mainly diversified when they are able to provide the

7MARKETING MANAGEMENT
customers with different kinds of products and services. The corporate mission of Farsons is
described as follows:
 Sourcing of the products and making soft drinks and food items which are zero in
calorie (Pomering 2017)
 Using of the sugar free substitutes in the different drinks and food which are produced
by them
 Not to spend in a heavy manner on advertising and the ones which are advertised are
ethically sourced in nature as well
Moreover, in order to generate the effective in the corporate strategy in the strategic
marketing planning, the company has been capable of developing different marketing
schemes which are as follows:
Bulk-Purchasing is one of the aspects which can be used by Farsons as producing
and delivering the food and soft drinks in large quantity will be cost effective and the
suppliers working with Farsons will be happy for working with Farsons in maintaining strong
relationship with the customers.
Low in Budget as well as Effective is the other aspect which can be used by Farsons
which will be efficient in advertising the products and the minimal amount of money will be
spent in the respective manner (Pogorelova et al. 2016).
2.1 Analysis of Tools Used for Development of Strategic Marketing Aspect
With the help of Ansoff Matrix, the marketing strategies of the companies can be
analyzed which will be impacting the performance in a possible manner. The four major
elements of the Ansoff Matrix include:
 Diversification

8MARKETING MANAGEMENT
 Product Penetration
 Market Penetration
 Product Development
In case of Farsons Soft Drinks Company, they follow the market penetration strategy
for developing their growth in the business prospects. The market penetration is assisting the
company and the respective soft drinks in increasing their market share in the existing
customer base. The same can be achieved by the company through selling the same organic
products in the existing market and it will be helpful for them in attracting the different
customers (Mišič and Podnar 2017).
Farsons Company firstly developed their first juice category in the year 1938 and in
the last few years, the organization has been constantly introducing various other series of the
soft drinks to the customers and attracting them. In such scenario, the organic Kinnie Organic
Soft Drinks and the most dominant kind of users are mainly from Malta. In addition, the
company has been capable of expanding their business in parts of The United States of
America, Australia and other emerging countries (Liu et al. 2017). However, as the soft
drinks market is highly dominating, therefore, the respective company is unable to attract the
large portion of market in different parts of other countries and it impacted their sales and
revenues to a large extent.
In the current scenario, the Farsons Company is trying to add in the different features
such as the adding the sugar free substitutes that will be beneficial for gaining the strong
market share and generate revenues for the company successfully.
2.2 Analysis of Linkage Between Strategic Positioning and Marketing Tactics
In the different kinds of business scenario, the proper linkage between the strategic
positioning as well as the tactics related to marketing plays a vital role in case of Farsons

9MARKETING MANAGEMENT
Organic Soft Drinks Company. Proper positioning is essential for understanding where the
product places the respective organic Kinnie Soft Drinks. On the other hand, marketing
tactics is wherein the organization utilises how the organization is capable of utilising
different actions for executing strategic positioning plan (Kraus et al. 2016).
In case of Farsons Kinnie Soft Drinks, they have been capable of successfully
positioning themselves as the lowest aerated and the highly healthy product which has been
implemented in minds of customers. The product is trying to suit the different needs of
customers specially the different health conscious customers in Malta. It enables the people in
staying healthy by consuming different kinds of products which enhances their growth
patterns in the market and it implements the different techniques which helps them in
improving the capabilities of marketing successfully (Ellram and Murfield 2019).
In addition, Diet Kinnie Soft Drinks is the product which helped the company
Farsons in gaining competitiveness in the competitive business environment. The product of
Farsons company has been capable of introducing them as the most innovative product as it is
entirely organic and it is healthy and market leader in Malta (Kraak et al. 2017). The most
effective feature of Diet Kinnie Soft Drinks is the flavours and taste as it tastes entirely like
the normal soft drinks, however it is healthy and therefore, it is liked by the wide range of
individuals in the Malta economy.
2.3 Analysis of Merits of Relationship Marketing in Strategic Marketing Strategy
The organic and diet sugar free soft drinks which are sold by Farsons Company is the
main aspect which has assisted the company in building strong relationship with the different
customers successfully. Through proper surveys which have been conducted, it has been
noticed that the company understood that healthy life style is the prime concern of the
different individuals in different parts of the world and therefore, they were able to develop

10MARKETING MANAGEMENT
value with their customers successfully (Jaminyasa et al. 2017). In most of the times, the
company used the relationship marketing for building strong bond with different customers
and gained the loyalty of customers.
It is highly essential for Farsons Company to stay connected with the loyalty of
customers for showing support as well as appreciation. In such scenario, the organization
tried in retaining different customers who are the existing ones and ensure that they are the
one who will be staying in the future. In the present scenario, there are different other
aggressive level of competition from Coca-Cola as they have been introducing Diet Coke,
however, the reviews are not up to the mark and it can be the advantage for Farsons Kinnie
Diet Soft Drinks (Jackson and Ahuja 2016). Through the help of relationship marketing, it
has been capable of enabling the fact that interaction among customers as well as company
are meaningful as well as effective. The organization Farsons Company can be investing
highly on research and development for innovating other soft drinks and health drinks which
are low aerated and high on organic ingredients which will be suiting the needs of the
youngsters as well the aged person (Houghtaling et al. 2019).
3.1 Analysis of Marketing Techniques for Ascertaining Growth Opportunities in
Market
In respective scenario, Farsons Company needs to analyse the different growth-related
opportunities in different markets with utilisation of effective kinds of marketing related
technique. The entire team of marketing is mainly responsible for conducting different
aspects such as collection of data, anticipating actual future trends along with satisfying
requirements of customers.
From the recent analysis of news regarding Farsons company, it has been noticed that
company is lagging behind in Australian and US economy as there are other competitors such

11MARKETING MANAGEMENT
as Coca-Cola or Pepsi which are going ahead. In such scenario, there have been different
instances wherein the company postponed the introduction of few soft drinks and it impacted
their growth in Australian economy and they have dropped the percentage of profitability to a
large extent (Hackley, Hackley and Bassiouni 2018). In the economy of Malta, the company
has been capable of attracting more than lakhs of customers who have the preference of
drinking the healthy yet tasty drinks which will be impacting their growth preferences in a
successful manner.
In the Australian economy, there are different other competitor companies due to
which it is impacting growth of Farsons Company largely. In such scenario, proper analysis
of the potential related to growth is required to be analyzed in the following manner:
The market analysis of the youngsters who are preferring to drink soft drinks need to
be analyzed in economy of Australia as it will be providing them with the view on
introducing new drinks that will be different competitors (Datta, Ailawadi and Van Heerde
2017).
The data related to the other competitor’s information is needed to be analyzed as the
company needs to be aware properly regarding their competitors such as Coca-Cola. After
analysis of the respective information, it will be helpful for Farsons Company to utilise the
capabilities for penetrating existing products such as the variety of soft drinks that can be
seen as the opportunity for market (Galli and Kaviani 2018).
3.2 Utilisation of Marketing Strategy Options in Market
In the current scenario, it is highly essential for choosing the appropriate kind of
strategy option for using in Malta and Australian economy. The strategy which has been
utilised helps in suiting needs as well as demands of target customers and target market is
considered to be the respective segment which is selected by company for focusing on

12MARKETING MANAGEMENT
objectives. In case of Farsons, the marketers in Farsons need to decide target markets through
that, they will be able to meet the demands of customers successfully (Galli and Kaviani
2017).
As per the different statistics, it has been seen that the target market will be ranging
from 16 years to 35 years of age who are the working people and students and they prefer to
consume healthy soft drinks which are organic in nature. The young youth are the major
target customers and they will be able to achieve high level of effectiveness and efficiency in
the market successfully. In addition, the BCG matrix can be capable of dividing market
options in the Malta market successfully.
Stars- The Kinnie Diet Soft Drinks is considered to be the star wherein they have the
high market share and it is capable of sizeable portion of the market which are considered.
Dog- The different other soft drinks such as high in sugar are dogs which are low
growth and market share (Dang, Jasovska and Rammal 2020).
3.3 Creation of Appropriate Strategic Marketing Objectives for Market
The Farsons Company’s Diet Kinnie Soft Drinks will be bringing benefit to the
company in the long-term. The business related objective is basically creating successful
long-term growth in Australian economy in a fast manner. Therefore, the main marketing
objective of Farsons Company is to achieve as well as attract large number of customers and
promote high level of sales. The marketing mix of the company will be capable of earning
high level of efficiency in the market which will be capable of developing high level of sales
and profitability (Bui and De Villiers 2017).
Product- The products which are sold by Farsons Company include different organic
soft drinks and alcoholic drinks along with other food items which are the part of the product

13MARKETING MANAGEMENT
portfolio. There can be introduction of recycled tetra packs and cans that will be helpful for
attracting large number of customers (Blut, Teller and Floh 2018).
Price- The pricing strategies of the company include the premium pricing strategy
which will be effective in improving the growth prospects of the company successfully.
However, due to the same, the company is not able to target the different other income
grouped customers which is the disadvantage for them.
Place- The company is located in Malta and they have the efficiency and they are
selling their products in Australian market as well. Due to the same, it is impacting their
growth prospects successfully (Becker et al. 2018)
Promotion- There are different social media promotions such as through their official
websites or the Twitter account which helps them in attracting large group of premium
customers in the market.
4.1 Impact of Changes in External Environment on Marketing Strategy
With the help of PESTLE analysis, the condition of external environment can be
analyzed which will be providing a brief overview on the different external opportunities and
threats which can be impacting performance of company negatively or positively. Farsons
Organic Soft Drinks Company is one of the most effective companies in Malta that is known
by one and all in the respective economy and it is most popular and known brands which help
them in attracting large customers, however, there are few factors which can be creating
impact.
Political Factors- Diet Kinnie Soft Drinks is one of the organic soft drinks which is
made up of the 100% natural ingredients and they are capable of meeting the different
regulations of government for putting the different products on the shelves of the stores.

14MARKETING MANAGEMENT
However, the political stability is effective and it is creating opportunity for Diet Kinnie Soft
Drinks in managing their position in the market successfully. Moreover, there are trade
agreements and other threats such as trade tariffs that may arise. It can be inclusive of the
increased cost of the different organic ingredients which can be making the product costlier in
nature (Anderson et al. 2020).
Economic Factors- The economic situation of Malta can be influencing sales of the
Diet Kinnie Soft Drinks as well as other smoothies due to the premium kind of pricing as
well as availability of the different cheaper substitutes in the market. In such scenario, the
company Farsons need to adopt different cost leadership approach in order to improve their
position in the market and it will be impacting their performance in the long run as well
successfully (Abril and Rodriguez-Cánovas 2016).
Social Factors- In the current scenario of the business environment, the different
customer’s tastes and preferences are changing on a day to day basis. In such scenario, the
Farsons Diet Kinnie Soft Drinks will be able to gain the strong market share in an efficient
manner which will be effective for them in understanding their tastes and improving their
growth prospects (Abril and Rodriguez-Cánovas 2016). Through introducing the organic Diet
Kinnie Soft Drinks, it will be capable for the Farsons Company in improving their
profitability and the different customers will be capable of purchasing and consuming healthy
yet tasty soft drinks in a positive manner.
Technological Factors- The different technological factors play a vital role on the
Farsons Diet Kinnie Soft Drinks as the company mainly utilises 100% recycled plastic cans
as well as bottles and it is proving to be highly sustainable in nature that impacts their
performance successfully. The recycled bottles and cans are the current interest in the overall
recycling of the drink bottles along with attracting the different customers appropriately.

15MARKETING MANAGEMENT
Legal Factors- In case of Farsons Organic Drinks Company, the company is
complying with legal framework which includes health and safety along with manufacturing
laws that enhances the different aspects of the company in an efficient manner. However,
there are employment rights along with health and safety laws which needs to be
implemented by the company for generating efficiency in corporate governance related
factors (Abril and Rodriguez-Cánovas 2016).
Environmental Factors- The company Farsons use the natural ingredients as well as
their commitment towards sustainability related practices. By reducing the footprint, the
company and the Diet Kinnie Soft Drinks can be assisting in addressing issue related to
change in climate that can be creating adverse weather conditions as well as harvesting in
fruits as well as vegetables.
4.2 Internal Analysis for Identifying Strengths and Weaknesses in Marketing Strategy
With the help of SWOT analysis, the internal strengths as well as weaknesses can be
identified which will be helpful for understanding the growth prospects of the company and
the threats which can be impacting performance of the company.
Strengths
Firstly, the Farsons Organic Drink Company’s main strength lies on the brand image
of the company as the quality as well as innovation are the two main prospects which are
mainly preferred by the company and it will be helpful for generating success in the market.
The innovation has been seen in the product and the business model which impacts their
performance successfully. With their organic soft drinks introduction in the company, the
brand equity has been unique (Becker et al. 2018).

16MARKETING MANAGEMENT
Moreover, loyalty among the different customers is the second element which helps
them in managing their effectiveness through introducing the organic soft drinks with the
help of the natural ingredients which are used by the company. The different ranges of the
products which are sold by them are highly efficient and healthy which are consumed by
working individuals specially as they prefer healthy food items (Becker et al. 2018).
Weaknesses
Premium pricing is the first weakness of Farsons Company as it is affecting the
purchasing power of the individuals in the market of Malta. In the economy of Malta, people
are receiving such soft drinks at lower cost and it impacts their growth negatively.
Moderate Level of Competition is the other weakness which impact the performance
of Farsons Company wherein the brands selling soft drinks are high and it can be impacting
their level of sales and profitability in the market of Malta (Becker et al. 2018).
Opportunities
Expansion in different Developed and Developing nations is the first opportunity
which can be impacting the growth of the company positively. When Farsons will be selling
their products in different parts of the world, it will be helpful for them in improving their
growth prospects and it will be capable of developing efficiencies in the positive manner.
Sale of the Different fewer famous products is the second opportunity which can be
impacting performance of Farsons Company positively. It has been seen that there are
different soft drinks which are high in calorie that can be impacting health of the customers
and therefore, the sales of such products have declined. In such scenario, the products can be
transformed through including the different kinds of sugar free contents for improving their
presence.

17MARKETING MANAGEMENT
Threats
Relying on the Suppliers of Fresh Fruits and Vegetables is the first and foremost
threat which can be impacting performance of the company negatively. The suppliers are less
in market and the competitors are high in number. In such scenario, the performance and the
sales of the company is declining to a large extent (Becker et al. 2018).
4.3 Proposing of Strategic Marketing Responses to Key Emerging Themes in Marketing
Strategy
In the current scenario, there are different soft drinks company present in the Malta
economy and all around the world which are operating internationally and nationally as well.
The main aim of the companies is seeking profit related opportunities along with reduction of
the overall sole dependence in only just one market. In such scenarios, the different
customers around the world prefer them to implement the different CSR practices which will
be impacting their growth prospects successfully and generate high level of environment
friendly awareness among customers and other stakeholders in the company (Becker et al.
2018).
In case of Farsons Company, it has been noticed that the company has been capable of
engaging themselves in different CSR related practices which helps them in improving their
growth and profitability to a higher level. Farsons Group has been highly committed for
upholding highest level of standards of the corporate kind of behaviour and they have been
able to improve their growth (Farsons.com 2020).
Conclusion
The company has been transparent regarding the different ethical aspects and values
which are being followed by them and it implements the strong sense of values wherein the

18MARKETING MANAGEMENT
trust along with integrity are the central aspects. Apart from the same, the company needs to
involve in protecting the fauna and flora as the main initiative is done through supporting
overall conversion of dumping ground of waste in dedicated repository for original flora and
fauna in different parts of the world (Farsons.com 2020).

19MARKETING MANAGEMENT
References
Abril, C. and Rodriguez-Cánovas, B., 2016. Marketing mix effects on private labels brand
equity. European Journal of Management and Business Economics, 25(3), pp.168-175.
Anderson, R.E., Cohen, A.H., Christ, P.F., Mehta, R. and Dubinsky, A.J., 2020. Provenance,
evolution, and transition of personal selling and sales management to strategic marketing
channel management. Journal of Marketing Channels, 26(1), pp.28-42.
Becker, S.J., Helseth, S.A., Frank, H.E., Escobar, K.I. and Weeks, B.J., 2018. Parent
preferences and experiences with psychological treatment: Results from a direct-to-consumer
survey using the marketing mix framework. Professional Psychology: Research and
Practice, 49(2), p.167.
Blut, M., Teller, C. and Floh, A., 2018. Testing retail marketing-mix effects on patronage: A
meta-analysis. Journal of Retailing, 94(2), pp.113-135.
Bui, B. and De Villiers, C., 2017. Business strategies and management accounting in
response to climate change risk exposure and regulatory uncertainty. The British Accounting
Review, 49(1), pp.4-24.
Dang, Q.T., Jasovska, P. and Rammal, H.G., 2020. International business-government
relations: The risk management strategies of MNEs in emerging economies. Journal of
World Business, 55(1), p.101042.
Datta, H., Ailawadi, K.L. and Van Heerde, H.J., 2017. How well does consumer-based brand
equity align with sales-based brand equity and marketing-mix response?. Journal of
Marketing, 81(3), pp.1-20.

20MARKETING MANAGEMENT
Ellram, L.M. and Murfield, M.L.U., 2019. Supply chain management in industrial
marketing–Relationships matter. Industrial Marketing Management, 79, pp.36-45.
Farsons.com 2020 Farsons Company (Online) Retrieved from https://www.farsons.com/
[Accessed on 28th February 2020]
Galli, B.J. and Kaviani, M.A., 2017. Are project management and project life cycles affected
by marketing and new product development?. The Journal of Modern Project
Management, 5(1).
Galli, B.J. and Kaviani, M.A., 2018. The impacts of risk on deploying and sustaining lean six
sigma initiatives. International Journal of Risk and Contingency Management (IJRCM), 7(1),
pp.46-70.
Hackley, C., Hackley, R.A. and Bassiouni, D.H., 2018. Implications of the selfie for
marketing management practice in the era of celebrity. Marketing Intelligence & Planning.
Houghtaling, B., Serrano, E.L., Kraak, V.I., Harden, S.M., Davis, G.C. and Misyak, S.A.,
2019. A systematic review of factors that influence food store owner and manager decision
making and ability or willingness to use choice architecture and marketing mix strategies to
encourage healthy consumer purchases in the United States, 2005–2017. International
Journal of Behavioral Nutrition and Physical Activity, 16(1), p.5.
Jackson, G. and Ahuja, V., 2016. Dawn of the digital age and the evolution of the marketing
mix. Journal of Direct, Data and Digital Marketing Practice, 17(3), pp.170-186.
Jaminyasa, I.M., Pulawan, I.M. and Amerta, I.M.S., 2017. The marketing mix affect on the
consumer buying decision (case study of sausage products at PT. Aroma
Denpasar). International journal of social sciences and humanities, 1(2), pp.65-74.

21MARKETING MANAGEMENT
Kraak, V.I., Englund, T., Misyak, S. and Serrano, E.L., 2017. A novel marketing mix and
choice architecture framework to nudge restaurant customers toward healthy food
environments to reduce obesity in the United States. Obesity Reviews, 18(8), pp.852-868.
Kraus, S., Meier, F., Eggers, F., Bouncken, R.B. and Schuessler, F., 2016. Standardisation vs.
adaption: a conjoint experiment on the influence of psychic, cultural and geographical
distance on international marketing mix decisions. European Journal of International
Management, 10(2), pp.127-156.
Liu, Y., Li, K.J., Chen, H. and Balachander, S., 2017. The effects of products’ aesthetic
design on demand and marketing-mix effectiveness: The role of segment prototypicality and
brand consistency. Journal of Marketing, 81(1), pp.83-102.
Mišič, K.U. and Podnar, K., 2017. Steps toward a city marketing mix and its perception
measurement. In Strategic place branding methodologies and theory for tourist
attraction (pp. 67-86). IGI Global.
Pogorelova, E., Yakhneeva, I., Agafonova, A. and Prokubovskaya, A., 2016. Marketing Mix
for E-commerce. International journal of environmental & science education, 11(14),
pp.6744-6759.
Pomering, A., 2017. Marketing for sustainability: Extending the conceptualisation of the
marketing mix to drive value for individuals and society at large. Australasian Marketing
Journal (AMJ), 25(2), pp.157-165.
Postavaru, N., Draghici, G., Filip, C., Mohammed, A.R. and Mohammed, S.M., 2019.
Business Management Strategies for Business Development. Organization of the Territory
and Planning of Construction Works. Ovidius University Annals of Constanta-Series Civil
Engineering, 21(1), pp.45-50.

22MARKETING MANAGEMENT
Prajogo, D.I., 2016. The strategic fit between innovation strategies and business environment
in delivering business performance. International journal of production Economics, 171,
pp.241-249.
Read, D.C. and Sanderford, A.R., 2018. Sustaining sustainability in large real estate
investment management firms. Journal of Real Estate Portfolio Management, 24(1), pp.19-
33.
Reinecke, S., 2016. What is it that Design Thinking and Marketing Management can learn
from each other?. In Design Thinking for Innovation (pp. 151-162). Springer, Cham.
Soosay, C., Nunes, B., Bennett, D.J., Sohal, A., Jabar, J. and Winroth, M., 2016. Strategies
for sustaining manufacturing competitiveness: comparative case studies in Australia and
Sweden. Journal of Manufacturing Technology Management, 27(1), pp.6-37.
Tengeh, R.K. and Nkem, L., 2017. Sustaining immigrant entrepreneurship in South Africa:
The role of informal financial associations. Sustainability, 9(8), p.1396.
Thieu, B.T., Hieu, N.T.M., Le Huyen, N.T., Binh, P.C. and Hoang, N.V., 2017. Linkages
between Marketing Mix Components and Customer Satisfaction: An analysis on Google in
Hanoi, Vietnam. Journal of Economics & Business Research, 23(1).
Trigeorgis, L. and Reuer, J.J., 2017. Real options theory in strategic management. Strategic
Management Journal, 38(1), pp.42-63.
Trivedi, M., 2018. Methodology to use the marketing mix strategy of SSi sector of Kanpur
District. Journal of Retail Marketing & Distribution Management, 2(2), pp.6-18.
Vilkey, A. and Dehbid, M., 2016. Strategic Marketing Management with Japanese
Management Approach. J. Pol. & L., 9, p.172.

23MARKETING MANAGEMENT
Wahab, N.A., Hassan, L.F.A., Shahid, S.A.M. and Maon, S.N., 2016. The relationship
between marketing mix and customer loyalty in hijab industry: The mediating effect of
customer satisfaction. Procedia Economics and Finance, 37(16), pp.366-371.