Features of promotion of machine-building enterprises production

Journal Title: Економіка. Фінанси. Право - Year 2019, Vol 5, Issue

Abstract

The article is devoted to the research of the most effective ways to promote the goods of the machine-building complex. The main reasons that led to the increase of competition in the market of machine-building goods were analyzed. The calculation of the cost of each of the methods of promotion and their drawbacks and advantages are revealed. It is substantiated that in order to achieve the goals of advertising activities, it is expedient to use an integrated approach. Today, in many countries of the world, there is an improvement in the economic situation, which is the reason for improving the quality of life of the population and increasing its purchasing power. As a result, the tendency to increase consumption of various goods and services is fixed. In turn, this situation encourages manufacturers of goods for the population to increase their turnover and produce even more products in order to meet the growing demand. In addition, it's necessary for manufacturers to look for new assortment solutions in order to profit from the background of competitors and to offer customers what other firms can not provide. Often, for the production of a new product, one idea is not enough - it is necessary to have special equipment with specific parameters and characteristics, on which it will really be possible to make an innovative product. As a rule, manufacturers of the final product do not possess in their arsenal such basic means to independently make the necessary equipment (it is not necessary), therefore, they trust the case to professionals - machine-building enterprises. The goal of any enterprise is to outperform competitors and attract new customers. The simplest and most effective way to do this is to improve the system of product promotion. In the field of mechanical engineering products are specific, so for it the standard methods of promotion (through the media and outdoor advertising) are not appropriate. The main areas that can be used to promote such products include the distribution of printed materials, participation in specialized exhibitions and online advertising. As for the latter method, there are several options: promoting your own site, contextual advertising, targeted mailing and social networking. We believe that only an integrated approach will yield the greatest result, so you should use all the ways to move together.

Authors and Affiliations

Oksana Mykhailivna Kravchenko, Anastasiia Serhiivna Cheban

Keywords

Related Articles

Regulatory and legal content of the "information and communication providing of access to justice" concept

In the article on the basis of the author's proposed algorithm for determining the content of the legal concept on the basis of the method of normative content of the analysis, the concept of «information and communicati...

Socio-psychological determinants of structural changes in consumer priorities of the population in crisis conditions of economy

This work highlights the socio-psychological factors of structural changes in consumer priorities of population under conditions of economic crisis. The aim of the article is to study the impact of crisis events on the c...

Ukrainian quartal GDP forecasting using dynamic factor model

Introduction. Due to the fact that official statistics of Ukraine's GDP are released with a delay, there is a need for current forecasting of quarterly GDP or so-called nowcasting. To do this, you can use other basic eco...

Essence and methods of evaluation of the possibility of the company's bankruptcy statement

The economic and political situation in the country, as well as the consequences of the global financial and credit crisis, led to the financial situation of a significant part of the enterprises deteriorating, and some...

Diversification of investment and innovative provision of the structural policy realization

The importance of a diversified approach to the formation of a system of investment and innovation provision of the structural policy realization is discovered in the paper. The basic conditions for the effective problem...

Download PDF file
  • EP ID EP671324
  • DOI -
  • Views 72
  • Downloads 0

How To Cite

Oksana Mykhailivna Kravchenko, Anastasiia Serhiivna Cheban (2019). Features of promotion of machine-building enterprises production. Економіка. Фінанси. Право, 5(), 20-23. https://europub.co.uk./articles/-A-671324