STRATEGIC MODELS FOR MANAGING CONSUMER VALUE IN THE CONTEXT OF BUSINESS ENVIRONMENT DIGITALIZATION AND GLOBALIZATION

Keywords: sales channels, behavioral models, offer, customer value, management strategies, management decisions

Abstract

The article explores approaches to the formation and management of consumer value in the modern context of digital transformations and globalization processes, which significantly impact the business environment. Strategic models and tools that allow companies to enhance their competitiveness by creating value propositions for consumers, adapted to the demands of the digital economy and global markets, are examined. The main challenges related to digitalization are analyzed, as well as the ways to leverage digital technologies to improve the quality of customer interaction, expand markets, and optimize business processes. The importance of understanding consumer needs in a globalized world and utilizing analytical tools to create individualized value propositions is demonstrated. The article establishes that the analysis of consumer behavioral patterns is an important aspect of marketing research. Important current reasons are highlighted: changes in consumer expectations and behavior (personalization, omnichannel); competition and differentiation (competition, innovation); improvement of consumer experience (satisfaction of needs, loyalty); efficiency of business processes (resource optimization, data analysis); technological trends and digitalization (Big Data and analytics, automation technologies); sustainable development and social responsibility. The process of identifying and researching key behavioral models and the stages of influence of models on management decisions are presented. The main methods for assessing effectiveness have been examined, as well as the process of analyzing results, and corresponding recommendations have been formulated. It has been proven that continuous analysis and adaptation of strategy to changing market conditions will help ensure sustainable business success, staying at the forefront and responding to market challenges. It has been established that effective strategy management is critical for ensuring the sustainable success and competitiveness of the organization. Examples and results of implementing strategies based on behavioral science models are presented.

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Published
2024-08-26
How to Cite
Traverse, M., Samoilyk, I., & ZavaliiІ. (2024). STRATEGIC MODELS FOR MANAGING CONSUMER VALUE IN THE CONTEXT OF BUSINESS ENVIRONMENT DIGITALIZATION AND GLOBALIZATION. Economy and Society, (66). https://doi.org/10.32782/2524-0072/2024-66-134
Section
MANAGEMENT