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The „7Ps”&”1G” that rule in the digital world the marketing mix

Author

Listed:
  • Pistol Luminita

    (Spiru Haret University, Bucharest, Romania)

  • Ţoniş Bucea-Manea Rocsana

    (Spiru Haret University, Politehnica University, Bucharest, Romania)

Abstract

Recently, digital marketing mix is developing very interesting new features, because of the market dynamics, IT fast development, and globalization phenomena. The old paradigm still base on 4Ps model (product, price, promotion, and place). This research develops a theoretical framework specifically for marketing mix. Starting from a literature review regarding the 4 Ps in marketing and studying the new generation (Z) features, it can be drawn new directions on digital marketing mix, such us people, process, perseverance (other 3P). In the same time the environmental changes urge us to develop and implement new strategies in marketing as to get sustainable eco-innovation. Thus the green marketing (1G) is an important factor in the marketing mix, in raising the awareness on new politics and good practices for protecting the environment. The article brings a new paradigm for marketing mix: 7P+1G, and validate the model by unit root test. A forecast, regarding green marketing, is made with the What-If analysis.

Suggested Citation

  • Pistol Luminita & Ţoniş Bucea-Manea Rocsana, 2017. "The „7Ps”&”1G” that rule in the digital world the marketing mix," Proceedings of the International Conference on Business Excellence, Sciendo, vol. 11(1), pages 759-769, July.
    • Handle: RePEc:vrs:poicbe:v:11:y:2017:i:1:p:759-769:n:80
    DOI: 10.1515/picbe-2017-0080
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    References listed on IDEAS

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    1. Viorica Jelev, 2015. "The Future of Education into a Digital World," Journal of Economic Development, Environment and People, Alliance of Central-Eastern European Universities, vol. 4(4), pages 6-14, December.
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