National response strategies and marketing innovations during the COVID-19 pandemic
Amy Wenxuan Ding and
Shibo Li
Business Horizons, 2021, vol. 64, issue 2, 295-306
Abstract:
During the COVID-19 pandemic, different nations have adopted a variety of response strategies to fight and contain the new coronavirus. Such national response strategies can be classified into three categories based on their underlying philosophy: strict control with unlimited resources, relentless contribution with limited resources, and rough rationality with limited resources. We discuss the philosophies, characteristics, and performances of the three response strategies and when they should be adopted. We also examine what marketing innovation strategies enterprises should adopt to survive and grow their businesses in both the short and long term. This study provides important strategic implications for national policymakers and enterprises on the use of response strategies as well as marketing innovation tactics and strategies to be used both during and after the pandemic.
Keywords: COVID-19; Pandemic response; Marketing innovation; Business resilience (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (8)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:bushor:v:64:y:2021:i:2:p:295-306
DOI: 10.1016/j.bushor.2020.12.005
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