Management Model to increase sales through Digital Marketing and the 4Ps of marketing in a craft brewery

Raúl Arana-Torres, Andrea Nieves-Asencio, Cynthia Elias-Giordano, Carlos Torres-Sifuentes, Carlos Cespedes

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

Digital marketing is a tool that helps you to use new forms of digital and technological media, this way of marketing is important because in this world where the use of the internet and technology is increasing by leaps and bounds. The following article focuses on the craft brewery sector, alcohol consumption has a 63.4% market share making it one of the most consumed globally. On the other hand, there are the 4P's of marketing that are fundamental to implement a good marketing work in organizations. It is also known that the 4Ps, also known as marketing mix, refer to the product, price, promotion, and place; these allow to satisfy the needs of users and achieve the objectives set by each company. It is known that about 70% of customers stop buying from companies due to a lack of service, communication, and empathy because they do not provide the adequate service that customers require. The main objective is to increase sales using the SOSTAC methodology and the 4Ps marketing tool in a craft brewing company. Therefore, the following document will detail how the mix of these two tools is important to increase sales in a craft brewery.

Original languageEnglish
Title of host publicationProceedings of the 3rd LACCEI International Multiconference on Entrepreneurship, Innovation and Regional Development
Subtitle of host publication"Igniting the Spark of Innovation: Emerging Trends, Disruptive Technologies, and Innovative Models for Business Success", LEIRD 2023
PublisherLatin American and Caribbean Consortium of Engineering Institutions
ISBN (Electronic)9786289520774
DOIs
StatePublished - 2023
Event3rd LACCEI International Multiconference on Entrepreneurship, Innovation and Regional Development, LEIRD 2023 - Virtual, Online
Duration: 4 Dec 20236 Dec 2023

Publication series

NameProceedings of the LACCEI international Multi-conference for Engineering, Education and Technology
ISSN (Electronic)2414-6390

Conference

Conference3rd LACCEI International Multiconference on Entrepreneurship, Innovation and Regional Development, LEIRD 2023
CityVirtual, Online
Period4/12/236/12/23

Keywords

  • 4P's of marketing
  • Digital Marketing
  • SME's
  • SOSTAC methodology
  • Sales
  • craft beer

Fingerprint

Dive into the research topics of 'Management Model to increase sales through Digital Marketing and the 4Ps of marketing in a craft brewery'. Together they form a unique fingerprint.

Cite this