2019
DOI: 10.3390/su11082302
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Application of Cluster Analysis in Marketing Communications in Small and Medium-Sized Enterprises: An Empirical Study in the Slovak Republic

Abstract: Creating an effective marketing strategy according to current trends is a key process needed to achieve sustainable growth that can result in attracting a great number of existing as well as potential customers. Moreover, an enterprise’s success is affected by the aforementioned process. The aim of the paper is to determine the clusters of small and medium-sized enterprises operating in the Slovak Republic and the use of marketing communication tools in the future. The research into marketing communications an… Show more

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Cited by 42 publications
(25 citation statements)
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“…As we are increasingly talking about the issue of environmental protection or the interests of the whole society in connection with marketing, it is necessary to adapt traditional models of marketing management to this new situation [58]. This also means that the brand has to move from traditional marketing principles to green marketing when creating socially responsible strategies, including communication [59][60][61].…”
Section: Results Of the Bibliometric Analysismentioning
confidence: 99%
“…As we are increasingly talking about the issue of environmental protection or the interests of the whole society in connection with marketing, it is necessary to adapt traditional models of marketing management to this new situation [58]. This also means that the brand has to move from traditional marketing principles to green marketing when creating socially responsible strategies, including communication [59][60][61].…”
Section: Results Of the Bibliometric Analysismentioning
confidence: 99%
“…Factor analysis has been chosen as the main statistical tool for evaluation of the consumer's perception of brand value sources in case of brand loyalty absence vs. brand loyalty presence. This analysis is one of the group of multidimensional statistical methods which are used to create so-called factors (previously unobservable variables) to reduce the amount of originally set attributes without losing the relevant information obtained inside the data set [55,56]. Recently, this statistical tool has been used with higher frequency in the social sciences due to the boom in information technology development and the need of reducing subjectivity.…”
Section: Methodological Backgroundmentioning
confidence: 99%
“…It will be very important to communicate with this generation in its language and to know its consumer behavior (Kicova et al, 2018). The Internet has become an integral part of the daily lives of most people around the world, especially for communication, sharing and searching for information, entertainment, and, last but not least, for shopping (Lizbetinova et al, 2019). Due to this fact, online marketing is undergoing constant development.…”
Section: Introductionmentioning
confidence: 99%