Authors: Ourania Notta
Addresses: Alexander Technological Educational Institute of Thessaloniki, Department of Agricultural Technology (Agricultural Economics Programme), P.O. Box 141, 57400, Thessaloniki, Greece
Abstract: This study examines the heterogeneity of the Greek dairy industry based on 'strategic group theory'. Its objectives are: (1) to define strategic groups within the Greek dairy industry; (2) to examine whether firms move between strategic groups over time and (3) to examine the performance differences among these strategic groups. I use as key strategic variable product differentiation, which is measured by both advertising intensity and number of brands per firm. The results for the period 2002-2011 prove the existence of three strategic groups, based on differentiation within the Greek dairy industry, with certain performance differences.
Keywords: marketing strategies; strategic groups; brands; Greece; food industry; product differentiation; dairy industry; advertising intensity.
International Journal of Computational Economics and Econometrics, 2015 Vol.5 No.1, pp.1 - 11
Received: 03 Feb 2014
Accepted: 21 Jul 2014
Published online: 08 Dec 2014 *