Identification of Marketing Needs and Means of Communication of Romanian Marketing Companies in the Context of the Knowledge Society |
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Authors: | Iacob C?toiu Mihai Orzan Tudor Edu |
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Institution: | 1. iacob.catoiu@yahoo.com;3. Bucharest Academy of Economic Studies , Bucharest , Romania;4. Romanian-American University in Bucharest , Bucharest , Romania |
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Abstract: | A few decades ago, academics and economic pundits used to say that information is the main source of power. However, in the Knowledge Society, as we experience it today, information is readily available for everyone, and the real challenge is to master modern and complex information analysis tools, which can make sense of the information overflow of modern society, thus constituting the true competitive advantages of major economic players. For a competent analyst, data generated by a survey, for instance, can reveal paramount information about consumer behavior, competitive strategies, or any other economic and social environment-related aspect deemed important. The marketing needs of Romanian marketing companies are very diversified, commencing with the research of the needs and demand on the target market, going down to the 4Ps (Product, Price, Promotion, and Placement) and their components. The present marketing research was performed using seven categories of information sources: specialized publications in marketing; specialized publications in economics; information provided by specialized institutions in consultancy and marketing research; information provided by individual marketing specialists; information provided by advertising agencies; information provided by the economic sections of the daily newspapers; and job Websites. |
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Keywords: | Knowledge Society marketing market research education labor market |
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