SPECIFIC APPLICATION OF INSTRUMENTAL MARKETING STRATEGIES IN THE ACTIVITIES OF UTILITY SECTOR ENTERPRISES

Keywords: tools, public, utility sector, marketing strategies, programs

Abstract

The article examines the process of creating marketing strategies involves understanding your target audience, analyzing market trends, setting clear goals, and then developing tactics such as social media campaigns, content creation, and partnerships to reach and engage customers, which is a combination of creativity and decision-making on based on data. Effective marketing strategies analyzed often use tools such as market research for information, social media platforms for outreach, email marketing for direct communication, analytics tools to measure performance, and customer relationship management (CRM) systems to maintain and leverage customer data. These tools help you optimize and track the impact of your marketing efforts. Marketing strategies for utilities have proven to have unique challenges often associated with public services. These strategies include effective communication with residents, transparency in service delivery, community engagement and the use of digital platforms for outreach. Balancing public interest with operational efficiency is critical, requiring a nuanced approach to marketing that fosters trust and meets the diverse needs of the community. Instrumental marketing strategies involve using specific tools and techniques to achieve marketing goals. This could include employing digital marketing channels like SEO, SEM, email campaigns, social media ads, and influencer collaborations. It's about selecting and orchestrating these instruments to create a harmonious and effective marketing campaign tailored to your target audience and business objectives. In the utility sector, marketing strategies are crucial for several reasons. They help create awareness about the services offered, build a positive public perception, and enhance customer engagement. Effective marketing can communicate important information about utility services, encourage responsible usage, and showcase innovations. It also plays a role in managing public relations, fostering community trust, and addressing concerns, contributing to the overall success and sustainability of utility sector enterprises.

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Article views: 31
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Published
2023-10-31
How to Cite
Zaporozhets, H. (2023). SPECIFIC APPLICATION OF INSTRUMENTAL MARKETING STRATEGIES IN THE ACTIVITIES OF UTILITY SECTOR ENTERPRISES. Economy and Society, (56). https://doi.org/10.32782/2524-0072/2023-56-106
Section
MARKETING