Advertising Management in Ukraine and the Mechanism of Its Development in the Context of Digitalization of the Economy Cover Image

Рекламний менеджмент в Україні та механізм його розвитку в контексті діджиталізації економіки
Advertising Management in Ukraine and the Mechanism of Its Development in the Context of Digitalization of the Economy

Author(s): Liliia Koval, Serhiy Romanchuk, Svitlana Boyko
Subject(s): National Economy, Business Economy / Management, Financial Markets, Marketing / Advertising, Socio-Economic Research
Published by: Центральноукраїнський національний технічний університет
Keywords: Advertising; advertising management; marketing management; purposes; problems; stages of development; factors; innovations; mechanism; functions; principles; directions; digitalization of the economy;

Summary/Abstract: The purpose of the article is to deepen the essence of advertising management, to determine the factors and mechanism of its development in the context of digitalization of the economy. The theoretical essence of advertising and advertising management is determined based on the study and generalization of scientific opinion. The objective nature of the development of advertising management in the modern market economy is justified on the basis of theoretical analysis. The stages of the formation of advertising management are determined. The connection between advertising and marketing management is revealed. Peculiarities and problematic aspects of the development of advertising management in Ukraine are analyzed. The systematization of external and internal factors that influence the development of advertising management is proposed, the essence of their action is revealed. The role of digitalization of the advertising business and the development of marketing innovations to increase the effectiveness of advertising management is substantiated. A conceptual scheme of the mechanism for the development of advertising management in Ukraine in the context of digitalization of the economy has been developed. The purposes of the mechanism, its functions, principles and peculiarities of performance, tools and leverages are disclosed. The priority directions for improving advertising management in the context of digitalization of the economy are highlighted: ensuring a thorough analysis and forecasting of the advertising services market development, changes in demand for advertising products, analysis of the behavior of competitors-advertisers; active formation of demand for advertising services and organization of sales of advertising products; development and implementation of marketing innovations in advertising activities; flexible interaction of advertising and marketing management; improvement of the marketing policy of communications based on the digitization of the advertising business. The scientific and practical significance of the development is determined. The prospects of further scientific research are associated with the determination of mechanisms for stimulating the development of marketing innovations in the advertising management system.

  • Issue Year: 2022
  • Issue No: 8 (41)
  • Page Range: 28-38
  • Page Count: 11
  • Language: Ukrainian