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California Management Review
California Management Review is a premier academic management journal published at UC Berkeley
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Article Information
Marketing Strategy in a Slow Growth Economy
Webster, Frederick E.
28
/
3
(
Spring
1986
):
93
-
105
*
The markets of the 1980s require an entirely different perspective, a new set of assumptions about the environment and some fundamentally new approaches to the challenge of sustained development of the enterprise. There is no stronger tool for improving company productivity and performance than an improved marketing capability. This entails a shift from strategic planning to strategic management; a strategic choice of customers; a renewed focus on market segmentation, product differentiation, and positioning; and improved sales force deployment. The most basic commitment of all must be to the customer-a commitment to quality products and service and innovative, timely solutions to customer problems.