Thriving through turbulence: Lessons from marketing academia and marketing practice

Janny C. Hoekstra*, Peter S.H. Leeflang

*Corresponding author for this work

Research output: Contribution to journalArticleAcademicpeer-review

7 Citations (Scopus)
172 Downloads (Pure)

Abstract

Economic, environmental, social and digital (r)evolutions have fundamentally transformed marketing theory and marketing practice. We are confronted with new concepts, methodologies, approaches and findings, and it is often difficult to see the wood from the trees. The aim of this paper is (1) to provide a coherent overview of recent developments, including the impact of the COVID-19 crisis, and the increasing attention paid to climate change, social inequality and, as a consequence, the need for sustainable consumption, (2) to link these developments to insights from academic research and responses of managers as cited in business journals, and (3) to elaborate on the marketing capabilities needed to survive in the current turbulent environment.

Original languageEnglish
Pages (from-to)730-743
Number of pages14
JournalEuropean Management Journal
Volume41
Issue number5
Early online date2-May-2022
DOIs
Publication statusPublished - Oct-2023

Keywords

  • Consumer behavior
  • Digitalization
  • Macroenvironment
  • Marketing capabilities
  • Marketing management
  • Microenvironment

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