INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE
Vol. 1 No. 3 (2023): December

CONTEMPORARY MARKETING MANAGEMENT STRATEGIES: NAVIGATING COMPLEXITY AND CHALLENGES IN THE DYNAMIC INDUSTRY ERA

Abdul Rosid (Universitas Sultan Ageng Tirtayasa, Indonesia)
Loso Judijanto (IPOSS Jakarta, Indonesia)
Muhamad Stiadi (Universitas Sembilanbelas November Kolaka, Indonesia)
Rostini Rostini (Universitas Indonesia Timur (UIT) Makassar, Indonesia)
Mohammad Taqiuddin Mohamad (Department of Shariah and Economics, Academy of Islamic Studies University Malaya, Kuala Lumpur Malaysia)



Article Info

Publish Date
23 Nov 2023

Abstract

This study delved into contemporary marketing management strategies, exploring their effectiveness in navigating complexity within the dynamic industry era. A comprehensive analysis of critical elements revealed their pivotal roles, including product innovation, dynamic pricing, diversified targeting, and technological adaptation. The study highlighted the importance of product innovation, emphasizing its role in meeting current consumer needs and anticipating future demands. Dynamic pricing strategies, encompassing variable pricing models and personalized approaches, enhanced adaptability in response to evolving market conditions. Diversified targeting, involving market segmentation and nuanced market positioning, emerged as crucial for engaging diverse consumer bases effectively. Additionally, the study underscored the significance of adapting to technological trends, emphasizing the role of data analytics and the impact of artificial intelligence on marketing automation. By comprehensively examining these strategies, the study contributes valuable insights for businesses aiming to navigate the complexities of the contemporary marketing landscape and thrive in the ever-changing industry environment.

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Journal Info

Abbrev

ijle

Publisher

Subject

Economics, Econometrics & Finance

Description

INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE (INJOLE) is a scientific journal that publishes articles in the Business field includes conceptual ideas in the fields of Economics, Accounting, Management, business. The scopes are Human Resource Management, Marketing Management, Financial Management, ...