“…However, in order to achieve this company should possess certain marketing capabilities. The role of marketing capabilities in achieving company's market and financial success is enormous (Kanibir et al, 2014, Ripolles, 2011, Nalcacia and Yagci, 2014, Merrilees et al, 2010. For instance, firm's product development capability (PDC) influences the launch strategy for a long-lasting product that is sequentially improved over time (Banerjee, 2013).…”