THE IMPORTANCE OF MARKETING IN HELPING COMPANIES WITH THEIR GROWTH STRATEGIES: THE CASE OF FOOD INDUSTRY IN KOSOVO

Abstract

Marketing is one of the main departments within an organization and its duty is to identify customer needs and wants and to produce or modify products in attempt to respond to market demand. Often it is found that the marketing department will work with the management in order to meet the market demand, create new markets and in many cases satisfy consumers’ wants. It can be considered as the bridge between satisfying consumers and the management in attempt to create profit for the company. The main purpose of the research is to analyze the growth strategies of food producers in Kosovo and to provide clear recommendations for companies in developing their products, penetrate or develop new markets or niches. During the research the paper finds that most of the producers we have analyzed have not yet developed nor established a marketing department, and in many case most of them are missing a marketing or sales personnel. According to our data, only 45 % of companies, (thirteen out of thirty, part of