The Role of the Marketing Mix and CRM in Developing Brand Equity

12th International Conference On Economics And Business Management, 2022

13 Pages Posted: 15 Sep 2022

See all articles by Elena R. Vershitskaya

Elena R. Vershitskaya

SKOLKOVO Moscow School of Management

Evgeniy M. Gilmanshina

affiliation not provided to SSRN

Anna V. Epaneshnikov

SKOLKOVO Moscow School of Management; affiliation not provided to SSRN

Date Written: 2022

Abstract

This study's goal is to look into how elements of the marketing mix and CRM affect various facets of brand equity. As far as its intent goes, this study is more akin to a descriptive survey and as far as its methodology goes, it's more of an applied study. A total of 240 questionnaires were sent out to consumers in the pharmaceutical and cosmetics industries, who made up the study's statistical population. The results of this research suggest that both communication marketing and customer relationship management are crucial to growing a company's brand, and that brand awareness among consumers is a crucial dimension that helps drive brand loyalty through interactions with other factors. It's worth noting that the findings of this study can assist business and organization marketing managers in making better decisions.

Keywords: Advertising, Marketing, Communication, Consumer

Suggested Citation

R. Vershitskaya, Elena and M. Gilmanshina, Evgeniy and V. Epaneshnikov, Anna, The Role of the Marketing Mix and CRM in Developing Brand Equity (2022). 12th International Conference On Economics And Business Management, 2022, Available at SSRN: https://ssrn.com/abstract=4211084

Elena R. Vershitskaya (Contact Author)

SKOLKOVO Moscow School of Management ( email )

1st km of Skolkovo highway
Odintsovsky District
Moscow 115035
Russia

Evgeniy M. Gilmanshina

affiliation not provided to SSRN

Anna V. Epaneshnikov

SKOLKOVO Moscow School of Management

1st km of Skolkovo highway
Odintsovsky District
Moscow 115035
Russia

affiliation not provided to SSRN

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