DEVELOPMENT OF MARKETING PLAN AS A BUSINESS RECOVERY STRATEGY: A CASE STUDY OF COMPANY XYZ

Authors: Anton A Setyawan, Banu Witono & Kurnia Rina Ariani 

ABSTRACT

This article explores the post-disaster recovery of company XYZ a furniture manufacturing company in Yogyakarta, Indonesia, after the 2006 earthquake. The earthquake disrupted the company’s operations and the local community. To aid in the region’s recovery, the Yogyakarta Central Java Community Assistance Program (YCJ-CAP) was initiated. Company XYZ faced challenges in rebuilding its business and community relationships. The Australian government, through Australian Aid (AUSAID), provided substantial non-cash assistance to company XYZ due to its significant impact on the local community. However, the assistance came with conditions, including operating sustainably and integrating Corporate Social Responsibility (CSR) into its business to meet these requirements, company XYZ adopted a CSR-based marketing strategy, focusing on environmental sustainability and community engagement. This strategy involved activities like strengthening promotions, improving marketing communication, conducting internet marketing campaigns, developing new eco-friendly products, and engaging with the local community. The case study of company XYZ illustrates the importance of balancing profit-oriented business practices with the social and environmental aspects of CSR. The company’s transformation towards sustainability and social responsibility presented challenges, but it also revealed the potential for business growth through CSR integration. In summary, this article sheds light on post-disaster business recovery, emphasizing the role of CSR-based marketing in rebuilding a company’s operations and fostering community bonds.

REFERENCES

  • Crane, Andrew dan John Desmond, (2002), Societal Marketing and Morality, European Journal of Marketing, Vol 36 No 5/6, pp 548-569.
  • Easton, Geoff dan Luis Araujo, (1994), Market Exchange, Social Structures and Time, European Journal of Marketing, Vol. 28 No. 3, pp 72-84.
  • Olsen, Karen L. Becker, B. Andrew Cudmore, Ronald Paul Hill, (2006), The Impact of Perceived Corporate Social Responsibility on Consumer Behavior, Journal of Business Research 59, pp 46– 53.
  • Zadek , Simon (2006),  Corporate Responsibility and Competitiveness at The Macro Level Responsible Competitiveness: Reshaping Global Markets Through Responsible Business Practices, Corporate Governance Vol. 6 No. 4, pp. 334-348.
  • Kotler, Philip, and Nancy Lee (2005), “Corporate Social Responsibility: Doing the Most Good for Your Company and Your Cause,” Wiley.
  • Carroll, Archie B. (1999), “Corporate Social Responsibility: Evolution of a Definitional Construct,” Business & Society, Vol. 38, No. 3, pp. 268-295.
  • Maignan, Isabelle, and O.C. Ferrell (2004), “Corporate Social Responsibility and Marketing: An Integrative Framework,” Journal of the Academy of Marketing Science, Vol. 32, No. 1, pp. 3-19.
  • Lafferty, Barbara A., and Polonsky, Michael J. (1999), “Corporate Social Responsibility,” International Journal of Advertising, Vol. 18, No. 2, pp. 121-135.
  • Du, Shuili, Bhattacharya, C.B., and Sen, Sankar (2010), “Maximizing Business Returns to Corporate Social Responsibility (CSR): The Role of CSR Communication,” International Journal of Management Reviews, Vol. 12, No. 1, pp. 8-19.
  • Belz, Frank-Martin, and Peattie, Stuart (2012), “Sustainability Marketing: A Global Perspective,” Wiley.
  • Porter, Michael E., and Kramer, Mark R. (2006), “Strategy & Society: The Link between Competitive Advantage and Corporate Social Responsibility,” Harvard Business Review, Vol. 84, No. 12, pp. 78-92.
  • Sen, Sankar, and Bhattacharya, C.B. (2001), “Does Doing Good Always Lead to Doing Better? Consumer Reactions to Corporate Social Responsibility,” Journal of Marketing Research, Vol. 38, No. 2, pp. 225-243.
  • Peattie, Susan, and Peattie, Stuart (2003), “Ready to Fly Solo? Reducing Social Marketing’s Dependence on Commercial Marketing Theory,” Marketing Theory, Vol. 3, No. 3, pp. 365-385.
  • Lee, Mi-Kyung, and Park, Seo Yeon (2008), “Corporate Social Responsibility and Customer Satisfaction among U.S. Apparel Retailers: The Mediating Role of Social and Environmental Performance,” Journal of Business Ethics, Vol. 76, No. 4, pp. 335-348.
  • Drumwright, Minette E. (1994), “Socially Responsible Organizational Buying: Environmental Concern as a Non-economic Buying Criterion,” Journal of Marketing, Vol. 58, No. 3, pp. 1-19.
  • Bhattacharya, C.B., and Sen, Sankar (2004), “Doing Better at Doing Good: When, Why, and How Consumers Respond to Corporate Social Initiatives,” California Management Review, Vol. 47, No. 1, pp. 9-24.
  • Morsing, Mette, and Schultz, Majken (2006), “Corporate Social Responsibility Communication: Stakeholder Information, Response, and Involvement Strategies,” Business Ethics: A European Review, Vol. 15, No. 4, pp. 323-338.
  • Belz, Frank-Martin, and Peattie, Stuart (2012), “Sustainability Marketing: A Global Perspective,” Wiley.
  • Kotler, Philip, and Lee, Nancy (2005), “Corporate Social Responsibility: Doing the Most Good for Your Company and Your Cause,” Wiley.
  • Bhattacharya, C.B., Korschun, Daniel, and Sen, Sankar (2009), “Strengthening Stakeholder–Company Relationships through Mutually Beneficial Corporate Social Responsibility Initiatives,” Journal of Business Ethics, Vol. 85, Supplement 2, pp. 257-272.
  • Marom, Dan (2006), “The Impact of Environmental Marketing Strategies on Consumers’ Purchasing Patterns: The Case of the Green Consumer in Israel,” Journal of Management and Marketing Research, Vol. 1, pp. 1-12.
  • McWilliams, Abagail, and Siegel, Donald (2001), “Corporate Social Responsibility: A Theory of the Firm Perspective,” Academy of Management Review, Vol. 26, No. 1, pp. 117-127.
  • Epstein, Marc J., and Roy, Michael-John (2003), “Making the Business Case for Sustainability: Linking Social and Environmental Actions to Financial Performance,” Journal of Corporate Citizenship, Vol. 9, pp. 79-96.
  • Mohr, Lois A., Webb, Deborah J., and Harris, Katherine E. (2001), “Do Consumers Expect Companies to Be Socially Responsible? The Impact of Corporate Social Responsibility on Buying Behavior,” Journal of Consumer Affairs, Vol. 35, No. 1, pp. 45-72.