Key stakeholders of the urban planning design market and their preferences when choosing a design company
https://doi.org/10.38050/01300105202158
Abstract
The article examines the interests and concerns of various groups of stakeholders in the urban planning design market influencing the choice of a contractor. The selected market is characterized by a significant decision magnitude, usually involves many groups of stakeholders, and often determines the longterm development of cities. The aim of the article is to identify the interests of key stakeholders in urban planning design market, factors that are significant for the selected groups of stakeholders when choosing a contractor, and to provide recommendations for promotional strategy for the considered groups of customers. The theoretical review identifies more than 150 factors that influence the choice of a contractor on b2b market, they are further divided according to the underlying principles of choosing a partner from decisionmaker’s viewpoint. Based on the interviews conducted, we determine the main groups of stakeholders who influence or are influenced by the urban planning design decisions. The field study revealed significant differences in preferences among various groups of stakeholders of project organizations: developers, authorities, other project bureaus, real estate owners, management companies. The preferences also differ based on the size of the company. As a result, we have developed recommendations for dealing with different groups of stakeholders based on the identified preferences, decisionmakers, as well as possible directions of a company’s differentiation. The structure of the article consists of the theoretical overview of previously conducted research of factors influencing the contractor choice in the industrial markets and finding ways to harmonize the interests of different stakeholders, after that the field research has been done of experts and decisionmakers of choosing a proper partner in the planning design market. Finally, the authors offer recommendations that can focus the marketing strategy of project design companies in the urban planning industry. The article would be of interest not only for companies in the urban planning design market but also for all companies in the industrial market that face the contradictory interests of various groups of stakeholders.
About the Authors
S. V. AmiantovRussian Federation
Moscow
E. V. Buzulukova
Russian Federation
Moscow
References
1. Antonov, D., Silova, E., & Trynin, Y. (2019). Features of the Procurement Institution in Healthcare. Bulletin of Chelyabinsk State University, 9(431), 92–99. DOI:10.24411/199402796-2019-10910
2. Kushch, S. (2003). Comparative analysis of the main concepts of the relationship marketing theory. Vestnik of Saint Petersburg University. 4(32), 3–25.
3. Kushch, S. & Smirnova, M. (2010). Marketing in B2B markets: a relational approach. SPb.: Graduate School of Management Publishing.
4. Mansurov, R. (2012). Transition to relationship marketing in the company. Journal of Marketing in Russia and Abroad, 2, 86–90.
5. Pleshchenko, V. (2011). Procurement As A Factor In Increasing The Competitiveness Of Manufacturing Enterprise. Journal of Modern Competition, 3.
6. Rebiazina, V., Smirnova, M., & Kushch, S. (2013). Portfelny i evolyucionny podhody k postroeniyu vzaimootnosheniy rossijskih kompaniy s partnerami. Russian Management Journal, 11(3), 31–52.
7. Tretyak, O. (2011). Cennost clienta v techenie ego zhiznennogo cikla: razvitie odnoy iz klyuchevih idey marketinga vzaimootnosheniy. Russian Management Journal, 9(3), 55–68.
8. Shersheva, M., & Palt, M. (2014). Soglasovanie interesov steikholderov v setevom mezhfirmennom vzaimodeystvii. IKBFU’s Vestnik. Humanities and social science, 3, 17–23.
9. Yuldasheva, O. (2006). Marketing zakupok na promishlennom predpriyatii. Novosti electrotechniki, 3(39).
10. Yuldasheva, O. (2005). Promishlennie pokupateli. Modeli povedeniya. Novosti electrotechniki, 3(33).
11. Rosstat. (2021). About housing construction in the Russian Federation in 2020. Retrieved from https://rosstat.gov.ru/storage/mediabank/Vlz36soX/jil-str_2020.pdf.
12. Boyd, D., & Koles B. (2018). Virtual reality and its impact on B2B marketing: A valuein-use perspective. Journal of Business Research 100. DOI:10.1016/j.jbusres.2018.06.007
13. Brandenburger, A. & Nalebuff, B. (1996). Co-opetition. Doubleday, New York.
14. Campbell, N., & Cunningham, M. (1983). Customer Analysis for Strategy Development in Industrial Markets. Strategic Management Journal, 4, 369–380.
15. Canning, Jr. G. (1982). Do a Value Analysis of Your Customer Base. Industrial Marketing Management, Vol. 11, 2, 89–93.
16. Carmona, M., de Magalhães, C., & Edwards, M. (2002). Stakeholder Views on Value and Urban Design. Journal of Urban Design, Vol. 7, 2, 145–169.
17. Casidy, R., Nyadzayo, W., Mohan, M., & Brown, B. (2018). The relative influence of functional versus imagery beliefs on brand sensitivity in B2B professional services. Industrial Marketing Management, Vol. 72, July, 26–36.
18. Christopher, M., Payne, A., & Ballantyne, D. (2002). Relationship Marketing: Creating Stakeholder Value. Butterworth-Heinemann: Oxford.
19. Connelly, B. L., Shi, W., Cheng, X., & Yin, C. (2021). Short sellers: A screening theory perspective on B2B relationships. Journal of Business Research, 134, 393–404. DOI:10.1016/j.jbusres.2021.05.029
20. Cunningham, M., & Homse, E. (1982). An Interaction Approach to Marketing Strategy. International Marketing, Purchasing of Industrial Goods. New York: John Wiley, Sons, 323–345.
21. Dawes, P., & Massey, G. (2005). Antecedents of conflict in marketing’s cross-functional relationship with sales. European Journal of Marketing, 14(11/12), 1327–1344.
22. de Ruyter, K., Moorman, L., & Lemmink, J. (2001). Antecedents of commitment and trust in customer–supplier relationships in high technology markets. Industrial Marketing Management, 30(3), 271–286.
23. de Ruyter, K., Keeling, D., & Cox, D. (2018). Customer-supplier relationships in high technology markets 3.0. Industrial Marketing Management, 79. DOI:10.1016/j.indmarman.2018.11.011
24. Dhar, R., & Glazer, R. (2003). Hedging Customers. Harvard Business Review. Vol. 81, 5, 86–92.
25. Ford, D. (1980). The Development of Buyer-Seller Relationships in Industrial Markets. European Journal of Marketing, Vol. 14, 5–6, 339–354.
26. Freeman, R. (1984). Stakeholder Management: A Stakeholder Approach. Marshfield, MA: Pitman Publishing.
27. Freeman, R., & Phillips, R. (2002). Stakeholder Theory: A Libertarian Defense. Business Ethics Quarterly. 12. DOI:10.2139/ssrn.263514.
28. Gelderman, C., & Van Weele, A. (2000). New Perspectives on Kraljic’s Purchasing Portfolio Approach. Proceedings of the 9th International Annual IPSERA Conference. London. P. 291–298.
29. Geldes, C., Heredia, J., Felzensztein, C., & Mora, M. (2017). Proximity as determinant of business cooperation for technological and non-technological innovations: A study of an agribusiness cluster. Journal of Business & Industrial Marketing, 32(1), 167–178.
30. Håkansson, H. (1982). International Marketing and Purchasing of Industrial Goods: An Interaction Approach. John Wiley & Sons: Chichester.
31. Hardwick, J., & Anderson, A. R. (2019). Supplier-customer engagement for collaborative innovation using video conferencing: A study of SMEs, Industrial Marketing Management, 80. DOI:10.1016/j.indmarman.2019.02.013
32. Hartley, R. (1976). Use of Customer Analysis for Better Market Penetration. Industrial Marketing Management. Vol. 11, 3, 183–194.
33. Hughes, D., Le Bon, J., & Malshe, A. (2012). The Marketing–Sales Interface At The Interface: Creating Market-Based Capabilities Through Organizational Synergy. The Journal of Personal Selling and Sales Management, 32(1), 57–72.
34. Kahneman, D., Lovallo, D., & Silbony, O. (2011). Before You Make That Big Decision… Harvard business review, 89(6), 50–60.
35. Kaplan, R., & Narayanan,V. (2001). Measuring and Managing Customer Profitability, Journal of Cost Management, 15, 5–15.
36. LaForge, R., & Cravens, D. (1982). Steps in Selling Effort Deployment. Industrial Marketing Management. Vol. 11, 3, 183–194.
37. Li, S., Peng, G., Xing, F., Zhang, J., & Zhang, B. (2021). Value co-creation in industrial AI: The interactive role of B2B supplier, customer and technology provider. Industrial Marketing Management, 98, 105–114. DOI:10.1016/j.indmarman.2021.07.015
38. Lindenaua, M., & Böhler-Baedeker, S. (2014). Citizen and stakeholder involvement: a precondition for sustainable urban mobility. Transportation Research Procedia 4, 347–360.
39. Madhavaram, S., & Hunt, S. (2017). Customizing business-to-business (B2B) professional services: The role of intellectual capital and internal social capital. Journal of Business Research, 74, 38–46. DOI:10.1016/j.jbusres.2017.01.007.
40. Mohr, J., & Spekman, R.E. (1994). Characteristics of Partnership Success: Partnership Attributes, Communication Behavior, and Conflict Resolution Techniques. Strategic Management Journal 15(2), 135–152. DOI:10.1002/smj.4250150205
41. Möller, K., & Halinen, A.. (2018). IMP thinking and IMM: Co-creating value for business marketing. Industrial Marketing Management, 69, 18–31. DOI:10.1016/j.indmarman.2018.01.025.
42. Moriarty, R. T. Jr., & Spekman, R.E. (1984). An empirical investigation of the information sources used during the industrial buying process. Journal of Marketing Research, 21 (May), 137–147.
43. Nahapiet, J., & Ghoshal, S. (1998). Social capital, intellectual capital, and the organizational advantage. Academy of Management Review, 23(2), 242–266.
44. Porter, M. (1980). Competitive Strategy. Free Press: N. Y.
45. Shapiro, B., Rangan, K., Moriarty, R., & Ross, E. (1987). Manage Customers for Profits (Not Just for Sales). Harvard Business Review, 101–108.
46. Smackey, B.A. (1977). Profit Emphasis for Improving Sales Force Productivity. Industrial Marketing Management, 6, 135–140.
47. Song, M., & Parry, M. (1997). The determinants of Japanese new product successes. Journal of Marketing Research, 34, 64–76. DOI:10.2307/3152065
48. Storbacka, K. (1997). Segmentation Based on Customer Profitability: Retrospective Analysis of Retail Bank Customer Bases. Journal of Marketing Management, 13(5), 479–491. DOI:10.1080/0267257X.1997.9964487.
49. Tarasi, C., Bolton, R., Hutt, M., & Walker, B. (2011). Balancing Risk and Return in a Customer Portfolio: A Reply. Journal of Marketing, 75(3), 23–26. DOI:10.2307/41228591.
50. Verbeke, A., Hutzschenreuter, T., & Pyasi, N. (2021). The dark side of B2B relationships in GVCs — micro-foundational influences and strategic governance tools. Journal of Business Research, 135, 816–828. DOI:10.1016/j.jbusres.2021.07.006
51. Webster, E., & Wind, Y. (1972). Organizational Buying Behavior. Englewood Cliffs, N. J.: Prentice Hall.
52. Wiersema, F. (2013). The B2B Agenda: The current state of B2B marketing and a look ahead, Industrial Marketing Management, 42(4), 470–488. DOI:10.1016/j.indmarman.2013.02.015
53. Wright, S.A. (1989). The Not-In-My-Backyard Syndrome: A research proposal for assessing public resistance. Journal of Hazardous Materials, 22(2), 258. DOI: 10.1016/0304-3894(89)85060-5.
54. Yorke, A., & Droussiotis, G. (1994). The Use of Customer Portfolio Theory: An Empirical Survey. Journal of Business & Industrial Marketing, 9(3), 6–18.
Review
For citations:
Amiantov S.V., Buzulukova E.V. Key stakeholders of the urban planning design market and their preferences when choosing a design company. Moscow University Economics Bulletin. 2021;(5):155–182. (In Russ.) https://doi.org/10.38050/01300105202158