Analysis of some determinants of market power of wineries from South Bulgaria

Authors

  • Peter Borisov Agricultural University - Plovdiv Author
  • Teodor Radev Agricultural University - Plovdiv Author

Keywords:

assets, equity, market power, market share, marketing activities, winery

Abstract

During last decade the competition on wine market of Europe is going higher. This is a result from regulation of wine industry under common agricultural policy of European Union. In such market condition the leading role of all departments in every winery is marketing unit. The purpose of this research is to be estimated the influence of scale of equity and strategic marketing activities on market power of winery. Using statistical approach is verifying the basic thesis concerning the basic factors which define the market power in wine sector. The statistical analysis is developed in two stages – 1) influence the scale of equity and assets on market share and 2) influence of strategic marketing activates on market share. In result of statistical analysis there have been made conclusion that scale of equity, assets and strategic marketing activities strongly define the market share of wineries.

References

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McKee, D., W. Pride. 1989. Strategic Adaptability and Firm Performance: A Market – Contingent Perspective. Journal of Marketing, 53:3, pp. 21-35.

Published

28.02.2012

How to Cite

Borisov, P. ., & Radev, T. (2012). Analysis of some determinants of market power of wineries from South Bulgaria. Bulgarian Journal of Agricultural Economics and Management, 57(1), 30-36. https://agriacad.eu/ojs/index.php/bjaem/article/view/4570