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Viewpoint: marketing in the information age ‐ can we plan for an unpredictable future?

Bodo B. Schlegelmilch (Chair of International Marketing and Management, Vienna University of Economics and Business Administration, Vienna, Austria)
Rudolf Sinkovics (Assistant Professor in the Department of International Marketing and Management, Vienna University of Economics and Business Administration, Vienna, Austria)

International Marketing Review

ISSN: 0265-1335

Article publication date: 1 June 1998

2381

Abstract

Asserts that new technology will completely change the business environment as we know it. Highlights the interrelated changes that are already occurring: mushroom companies; virtual enterprises; electronic markets; blurring industry boundaries; and “fragvergence” of cultural differences. Outlines the implications for marketing management. For instance, suggests that the majority of all marketing activities will have to be international, as target groups are scattered throughout different countries; market research on the Internet will increase in importance; efficient and quick promotion of ideas, business concepts and services is essential; enhanced customer intimacy; and reduction of price flexibility.

Keywords

Citation

Schlegelmilch, B.B. and Sinkovics, R. (1998), "Viewpoint: marketing in the information age ‐ can we plan for an unpredictable future?", International Marketing Review, Vol. 15 No. 3, pp. 162-170. https://doi.org/10.1108/02651339810220990

Publisher

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MCB UP Ltd

Copyright © 1998, MCB UP Limited

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