IDEAS home Printed from https://ideas.repec.org/a/rom/econmn/v17y2014i2p325-346.html
   My bibliography  Save this article

Marketing Management Relational Approaches Focused on Consumer’s and Customer’s Needs and Desires

Author

Listed:
  • Gheorghe MINCULETE

    (Carol Ist National Defense University, Romania)

  • Maria-Ana CHISEGA-NEGRILÃ

    (Carol Ist National Defense University, Romania)

Abstract

Currently, because of the evolution in the knowledge-based society, the marketing reveals another dimension, the one of relational marketing, which represents the special relationship established between the company and its consumers, with win-win advantages over a long period. In these circumstances, the managerial approach of marketing has new connotations for a more efficient managerial approach of the new national and international business environment. Within the marketing management process of a company, consumers or customers play a very critical role as these are the people who finally buy the goods and services of the organization, and the firm is always on the move to make them buy so as to earn revenue.This article presents the managerial approach of marketing management concept toward the strategic planning of a company and the marketing planning focused on needs and desires of consumers and customers. Therefore, consumers are the beneficiaries of the general and marketing strategy of the company while customers are those who respond to the loyalty process established by the firm. In this context, the purpose of this analysis is to highlight the strategic planning process of a company by integrating the strategic and operational marketing.In addition, we also consider important the issues related to Michael Porter’s generic strategies, which are thus presented in the context of relational knowledge within the process of marketing management. All these approaches are related to winning customers’ loyalty and obviously to customers' value that determines the company to achieve a value chain in the business process. Hence, the consumers and customers are the most important people for any organization. They are the resources which trigger the success of the business.

Suggested Citation

  • Gheorghe MINCULETE & Maria-Ana CHISEGA-NEGRILÃ, 2014. "Marketing Management Relational Approaches Focused on Consumer’s and Customer’s Needs and Desires," Economia. Seria Management, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 17(2), pages 325-346, December.
  • Handle: RePEc:rom:econmn:v:17:y:2014:i:2:p:325-346
    as

    Download full text from publisher

    File URL: https://www.management.ase.ro/reveconomia/2014-2/11.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Miguel Martinho, 2008. "Port Competition and Hinterland Connections," OECD/ITF Joint Transport Research Centre Discussion Papers 2008/19, OECD Publishing.
    2. Sinnappan Santhidran & V. G. R. Chandran & Junbo Borromeo, 2013. "Enabling organizational change -- leadership, commitment to change and the mediating role of change readiness," Journal of Business Economics and Management, Taylor & Francis Journals, vol. 14(2), pages 348-363, April.
    3. Oecd, 2010. "Improving Competition in Real Estate Transactions," OECD Journal: Competition Law and Policy, OECD Publishing, vol. 10(2), pages 75-125.
    4. Oecd, 2010. "Competition in Bidding Markets," OECD Journal: Competition Law and Policy, OECD Publishing, vol. 10(1), pages 69-151.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Alexandra-Andreea BRATU & Ruxandra-Elena BRATU, 2021. "The Economic Lock-In in the Current Context and How the Pandemic Covid-19 Influenced the Politics and Legislation," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 1, pages 39-46.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. OGREAN Claudia, 2015. "Business Models To Meet The Challenges Of The Global Economy. A Literature Review," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 67(6), pages 127-146, December.
    2. Anton, Roman, 2015. "Monetary Development and Transmission in the Eurosystem," MPRA Paper 67323, University Library of Munich, Germany, revised 08 Oct 2015.
    3. Tödtling, Franz & Auer, Alexander & Sinozic, Tanja, 2014. "Driving factors for cluster development - Which kind of spatial rootedness and change?," SRE-Discussion Papers 2014/06, WU Vienna University of Economics and Business.
    4. Anton, Roman, 2014. "Sustainable Intrapreneurship - The GSI Concept and Strategy - Unfolding Competitive Advantage via Fair Entrepreneurship," MPRA Paper 69713, University Library of Munich, Germany, revised 01 Feb 2015.
    5. Stepan Zemtsov & Vera Barinova & Alexey Pankratov & Evgeniy Kutsenko, 2016. "Potential High-Tech Ñlusters in Russian Regions: From Current Policy to New Growth Areas," Foresight and STI Governance (Foresight-Russia till No. 3/2015), National Research University Higher School of Economics, vol. 10(3), pages 34-52.
    6. Iversen, Evald Bundgaard & Cuskelly, Graham, 2015. "Effects of different policy approaches on sport facility utilisation strategies," Sport Management Review, Elsevier, vol. 18(4), pages 529-541.
    7. repec:pra:mprapa:67187 is not listed on IDEAS
    8. Thompson, Ian & Pech, Richard & Oh, Kok Boon & Marjoribanks, Timothy, 2016. "An assessment of delivery changes for UK terminal air navigation services," Journal of Air Transport Management, Elsevier, vol. 57(C), pages 155-167.
    9. Erevelles, Sunil & Fukawa, Nobuyuki & Swayne, Linda, 2016. "Big Data consumer analytics and the transformation of marketing," Journal of Business Research, Elsevier, vol. 69(2), pages 897-904.
    10. Manuela Jr., Wilfred S. & Rhoades, Dawna L. & Curtis, Tamilla, 2016. "An analysis of Delta Air Lines' oil refinery acquisition," Research in Transportation Economics, Elsevier, vol. 56(C), pages 50-63.
    11. Simone CASCHILI & Francesca MEDDA, 2015. "The Port Attractiveness Index:Application On African Ports," Region et Developpement, Region et Developpement, LEAD, Universite du Sud - Toulon Var, vol. 41, pages 47-82.
    12. Yuen, Andrew Chi-lok & Zhang, Anming & Cheung, Waiman, 2013. "Foreign participation and competition: A way to improve the container port efficiency in China?," Transportation Research Part A: Policy and Practice, Elsevier, vol. 49(C), pages 220-231.
    13. Jano-Ito, Marco A. & Crawford-Brown, Douglas, 2016. "Socio-technical analysis of the electricity sector of Mexico: Its historical evolution and implications for a transition towards low-carbon development," Renewable and Sustainable Energy Reviews, Elsevier, vol. 55(C), pages 567-590.
    14. Franz Tödtling & Alexander Auer, 2021. "Knowledge bases, innovation and multi-scalar relationships: which kind of territorial boundedness of industrial clusters?," Chapters, in: Dirk Fornahl & Nils Grashof (ed.), The Globalization of Regional Clusters, chapter 7, pages 163-188, Edward Elgar Publishing.
    15. Laurent Guihéry & Florent Laroche, 2015. "Port Hinterland: the new role of railway transport. The betuwe line (Netherlands) [Hinterland portuaire : le nouveau rôle du fer. Une illustration avec la Betuwe line (Pays-Bas)]," Post-Print halshs-01474042, HAL.
    16. Höglinger, Christoph & Sinozic, Tanja & Tödtling, Franz, 2012. "Emergence, growth and transformation in local clusters - Environmental industries in the region of Upper Austria," SRE-Discussion Papers 2012/07, WU Vienna University of Economics and Business.
    17. Brooks, Mary R. & van der Lugt, Larissa M., 2010. "Transatlantic Port Issues," Journal of the Transportation Research Forum, Transportation Research Forum, vol. 49(3).
    18. Magdalena Klopott, 2013. "Restructuring of environmental management in Baltic ports: case of Poland," Maritime Policy & Management, Taylor & Francis Journals, vol. 40(5), pages 439-450, September.
    19. Elena VESELINOVA & Marija GOGOVA SAMONIKOV, 2013. "How the Textile Companies in South-East Europe Create Value: The Case of the Republic of Macedonia," Management Dynamics in the Knowledge Economy, College of Management, National University of Political Studies and Public Administration, vol. 1(2), pages 327-342, August.
    20. Clements, Paul & McGregor, John, 2012. "Better, faster, cheaper: Pick any three," Business Horizons, Elsevier, vol. 55(2), pages 201-208.
    21. Lang, Gunnar & Schäfer, Henry, 2013. "What is the wind behind the sails to go abroad? Empirical evidence from the mutual fund industry," ZEW Discussion Papers 13-022, ZEW - Leibniz Centre for European Economic Research.

    More about this item

    Keywords

    marketing management; strategic planning; marketing planning; customers` value; value chain.;
    All these keywords.

    JEL classification:

    • L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics
    • M31 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Marketing and Advertising - - - Marketing
    • M53 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Training

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rom:econmn:v:17:y:2014:i:2:p:325-346. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ciocoiu Nadia Carmen (email available below). General contact details of provider: https://edirc.repec.org/data/mnasero.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.