Marketing strategies in the function of competitiveness of companies in the Republic of Serbia

The development of a modern company implies the effective implementation of various marketing strategies. Marketing strategies are the basis for an effective marketing plan that is an integral part of the company's business plan. The marketing plan is defined and shaped in practice between the...

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Main Authors: Milić Marko, Đervida Ružica, Vujičić Slađana
Format: Article
Language:English
Published: Visoka poslovna škola strukovnih studija Prof. dr Radomir Bojković, Kruševac 2022-01-01
Series:Trendovi u Poslovanju
Subjects:
Online Access:https://scindeks-clanci.ceon.rs/data/pdf/2334-816X/2022/2334-816X2202092M.pdf
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author Milić Marko
Đervida Ružica
Vujičić Slađana
author_facet Milić Marko
Đervida Ružica
Vujičić Slađana
author_sort Milić Marko
collection DOAJ
description The development of a modern company implies the effective implementation of various marketing strategies. Marketing strategies are the basis for an effective marketing plan that is an integral part of the company's business plan. The marketing plan is defined and shaped in practice between the design of an adequate marketing strategy and the implementation of the marketing campaign. Defining marketing strategies implies a clear specification of a series of specific actions that need to be successfully implemented. Achieving defined marketing goals is directly correlated with well-defined marketing strategies. The key is to ensure measurable results when implementing a marketing strategy. Marketing strategies represent the foundation for developing a tactical plan in the company and thus have an extremely significant impact on the success of the company's operations. Therefore, there is a necessity to clearly define the types of marketing strategies that will be implemented in a certain company. In Republika Srpska, as an integral part of Bosnia and Herzegovina, one can identify different types of marketing strategies applied by companies in order to achieve their business goals. The specifics of the market influence the definition and application of specific marketing strategies. The choice of marketing strategy should always be in the function of improving the competitiveness of a particular company.
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institution Kabale University
issn 2334-816X
2334-8356
language English
publishDate 2022-01-01
publisher Visoka poslovna škola strukovnih studija Prof. dr Radomir Bojković, Kruševac
record_format Article
series Trendovi u Poslovanju
spelling doaj-art-b0bd51b6a72e416b8c290c1d3c8d5d152025-02-10T19:38:25ZengVisoka poslovna škola strukovnih studija Prof. dr Radomir Bojković, KruševacTrendovi u Poslovanju2334-816X2334-83562022-01-011029210110.5937/trendpos2202092M2334-816X2202092MMarketing strategies in the function of competitiveness of companies in the Republic of SerbiaMilić Marko0Đervida Ružica1https://orcid.org/0000-0003-2880-6324Vujičić Slađana2https://orcid.org/0000-0002-8532-2644Nezavisni univerzitet Banja Luka, Banja Luka, Republika Srpska, Bosna i HercegovinaNezavisni univerzitet Banja Luka, Ekonomski fakultet, Banja Luka, Republika Srpska, Bosna i HercegovinaVisoka škola za poslovnu ekonomiju i preduzetništvo, Beograd, SerbiaThe development of a modern company implies the effective implementation of various marketing strategies. Marketing strategies are the basis for an effective marketing plan that is an integral part of the company's business plan. The marketing plan is defined and shaped in practice between the design of an adequate marketing strategy and the implementation of the marketing campaign. Defining marketing strategies implies a clear specification of a series of specific actions that need to be successfully implemented. Achieving defined marketing goals is directly correlated with well-defined marketing strategies. The key is to ensure measurable results when implementing a marketing strategy. Marketing strategies represent the foundation for developing a tactical plan in the company and thus have an extremely significant impact on the success of the company's operations. Therefore, there is a necessity to clearly define the types of marketing strategies that will be implemented in a certain company. In Republika Srpska, as an integral part of Bosnia and Herzegovina, one can identify different types of marketing strategies applied by companies in order to achieve their business goals. The specifics of the market influence the definition and application of specific marketing strategies. The choice of marketing strategy should always be in the function of improving the competitiveness of a particular company.https://scindeks-clanci.ceon.rs/data/pdf/2334-816X/2022/2334-816X2202092M.pdfmarketing strategymarketing planmarketing goalscompanycompetitiveness
spellingShingle Milić Marko
Đervida Ružica
Vujičić Slađana
Marketing strategies in the function of competitiveness of companies in the Republic of Serbia
Trendovi u Poslovanju
marketing strategy
marketing plan
marketing goals
company
competitiveness
title Marketing strategies in the function of competitiveness of companies in the Republic of Serbia
title_full Marketing strategies in the function of competitiveness of companies in the Republic of Serbia
title_fullStr Marketing strategies in the function of competitiveness of companies in the Republic of Serbia
title_full_unstemmed Marketing strategies in the function of competitiveness of companies in the Republic of Serbia
title_short Marketing strategies in the function of competitiveness of companies in the Republic of Serbia
title_sort marketing strategies in the function of competitiveness of companies in the republic of serbia
topic marketing strategy
marketing plan
marketing goals
company
competitiveness
url https://scindeks-clanci.ceon.rs/data/pdf/2334-816X/2022/2334-816X2202092M.pdf
work_keys_str_mv AT milicmarko marketingstrategiesinthefunctionofcompetitivenessofcompaniesintherepublicofserbia
AT đervidaruzica marketingstrategiesinthefunctionofcompetitivenessofcompaniesintherepublicofserbia
AT vujicicslađana marketingstrategiesinthefunctionofcompetitivenessofcompaniesintherepublicofserbia