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361653

Examining the Relationship between Marketing Strategies and Financial Measures, An Applied Study on the Egyptian market

Article

Last updated: 04 Jan 2025

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إدارة الأعمال

Abstract

The relevance of marketing to explain financial success has been seldom investigated. The main aim of this study is to examine the importance of investing in different marketing strategies from a financial prospective, showing if there is a linkage between adopted marketing strategies and improving financial results. The objectives of the study are two folds; first to examine if listed companies in Egyptian index are investing more on marketing during the last nine years? Then to analyse whether the correlations between the examined marketing strategies and financial indicators/outputs increased with time? Insights to answers of those questions can help to whether recommend or not to managers, the use of those marketing tools if they want to improve their financial success.  Methodology – To reach these objectives, secondary information about the largest 30 companies operating in the Egyptian Stock Market in terms of liquidity and market capitalization and comprising the EGX30 index were analysed. This information was derived primarily from Refinitiv Eikon database and from the companies published data. Data were collected for nine different periods of time (from year 2014 to year 2022). Multiple regression analysis and ANOVA tests were used. Findings – First, one marketing investment strategy (communication) out of the two examined (Communication and pricing) has displayed a significant and incremental change over time. The other marketing investment decision (pricing strategy) has not increased its importance with time. Second, for the two investment decisions (communication and price), correlations found with financial measures have strengthened over time.

DOI

10.21608/jces.2024.361653

Keywords

Marketing Strategies, Financial indicators, Communication Strategies, Pricing strategies

Authors

First Name

Madiha

Last Name

Metawie

MiddleName

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Affiliation

Business Department, Faculty of Commerce, Ain Shams University, Cairo, Egypt Faculty of Business Administration, Economics and Political Science, British University in Egypt

Email

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City

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Orcid

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First Name

Dalia

Last Name

El Mosallamy

MiddleName

-

Affiliation

Faculty of Business Administration, Economics and Political Science, British University in Egypt

Email

-

City

-

Orcid

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Volume

15

Article Issue

2

Related Issue

47543

Issue Date

2024-04-01

Receive Date

2024-04-01

Publish Date

2024-04-30

Page Start

301

Page End

328

Print ISSN

2090-3782

Link

https://jces.journals.ekb.eg/article_361653.html

Detail API

https://jces.journals.ekb.eg/service?article_code=361653

Order

49

Type

المقالة الأصلية

Type Code

986

Publication Type

Journal

Publication Title

المجلة العلمية للدراسات التجارية والبيئية

Publication Link

https://jces.journals.ekb.eg/

MainTitle

Examining the Relationship between Marketing Strategies and Financial Measures, An Applied Study on the Egyptian market

Details

Type

Article

Created At

24 Dec 2024