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Received 11.10.2022

Revised 02.03.2023

Accepted 30.03.2023

Retrieved from Vol. 27, No. 1, 2023

Pages 179 -186

  • 78 Views

Suggested citation

Levchuk, N., & Marach, Y. (2023). Development of an international product promotion strategy and features of its planning in various forms of international business. The National Transport University Bulletin, 27(1), 179-186. https://doi.org/10.33744/2308-6645-2023-1-55-179-186

Development of an international product promotion strategy and features of its planning in various forms of international business

N. Levchuk Y. Marach

Abstract

The article discusses the importance and necessity of developing an international product promotion strategy, its forms and types. The object of research is product promotion strategies. The goal of the work is to determine international strategies for product promotion and the peculiarities of its planning in the forms of international business. The research methods used are analytical and statistical methods. The tasks of product promotion in all important processes and types of activities for the enterprise are an essential condition for its effective functioning, with a defining role in the development of the promotion strategy, i.e. the part of the enterprise's strategy that creates a systematic approach to product implementation. Positive and negative features of international strategies are analyzed, and the main marketing technologies are identified. Possible difficulties in implementing the strategy are determined. Based on a more in-depth study of the fundamental scientific and theoretical foundations, a series of measures for selecting a product promotion strategy in modern economic conditions are proposed, taking into account possible factors and associated risks related to the internal and external environment. The results of the article can be used by domestic enterprises, regardless of the industry to which they belong.

Keywords:

strategy; international strategy; product promotion; marketing technologies; strategy formulation; planning; strategy selection; product promotion mechanism; planning features

References

  1. ROZVYTOK STRATEGII PROSUVANNYA TOVARІV NA ZOVNІSHNІJ RYNOK. I. M. Bolotina, M. V. Semenets. National University of Food Technologies. Publication: “Efectyvna ekonomika” – 2022.
  2. Leung S. Five key elements for running a successful sales promotion. Sales, Sales Cloud, Marketing, Featured. URL: http://surl.li/gixzm
  3. Houston C. 2016 Promotional Product Trends to Inspire Your Marketing. Available. URL: http://surl.li/gixzr
  4. Armstrong, G., Kotler, P. Marketing: zaghalnyy kurs, 5-e vydannya. Kharkiv: Viliams, 2001. 712 pages.
  5. Didkovsky M. I. Zovnishnyoekonomichna diyalnist pidpryyemstva: Textbook / M. I. Didkovsky. K: Znannia, 2006. 462 pages.
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https://doi.org/10.33744/2308-6645-2023-1-55-179-186

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