Advertising and Its innovative Development in Terms of Marketing Management Cover Image

Реклама та її інноваційний розвиток з позицій маркетингового менеджменту
Advertising and Its innovative Development in Terms of Marketing Management

Author(s): Liliia Koval, Ruslana Zhovnovach, Serhiy Romanchuk
Subject(s): Business Economy / Management, Financial Markets, Marketing / Advertising, ICT Information and Communications Technologies, Socio-Economic Research
Published by: Центральноукраїнський національний технічний університет
Keywords: мarketing management; advertising; principles; functions; types of advertising; advertising development; factors of influence; innovative development of advertising;

Summary/Abstract: The purpose of the article is to generalize scientific opinion on the essence of advertising and its innovative development in the marketing management system. The essence of advertising, its types and principles are revealed. The essence of marketing management is summarized. The objectivity of the appearance and development of advertising is highlighted. The essence of the term "innovative development of advertising" from the point of view of marketing management is substantiated, which consists primarily in the development and implementation of marketing innovations in advertising activities subordinated to the purposes and problems of marketing management. The author’s version of the systematization of factors that influence the innovative development of advertising in the marketing management system has been developed. The proposed scheme contains a systematization of influencing factors on the development of advertising according to a number of features: by the level of influence; by power of influence; by the nature of the manifestation; by the volume of consumer coverage; by the consequences of the influence. Based on content, the following factors are determined: market, scientific and educational, economic, social and demographic, political, organizational, innovative, psychological, cultural and environmental. The theoretical and applied significance of the development is that it can be used to deepen marketing research and adjust the decisions of marketers and managers in changing market conditions. Trends in the development of advertising in Ukraine are outlined. Attention is focused on accelerating the innovative development of advertising due to the digitalization of the advertising business. It was determined that the success and prospects of the innovative development of advertising today and in the future will depend on the development of qualitatively new approaches to the development of advertising based on research and taking into account the conflicting.

  • Issue Year: 2022
  • Issue No: 8 (41)
  • Page Range: 129-139
  • Page Count: 11
  • Language: Ukrainian