CHARACTERISTICS OF MARKETING STRATEGIES TO ENSURING THE DEVELOPMENT OF BUSINESS STRUCTURES IN THE WAR AND POST-WAR PERIOD

Keywords: marketing strategies, business structures, war period, innovations, adaptation

Abstract

The article examines the impact of military conflicts on business operations and explores the necessary marketing strategy adaptations in both wartime and post-conflict periods. During military conflicts, businesses face a host of challenges, such as disruptions in supply chains, shifts in consumer behavior, and changes in demand. In response, companies must quickly adapt to the evolving market conditions to ensure their survival. The article emphasizes the crucial role of digital communication in overcoming these challenges. As traditional communication channels become less reliable, businesses increasingly rely on online platforms, mobile apps, and social media to stay connected with customers, partners, and suppliers. This digital shift allows businesses to continue operations, communicate updates, and offer relevant products or services, even in times of crisis. The article also highlights the significance of socially responsible marketing strategies. Companies that demonstrate care for their communities, support humanitarian efforts, or assist military causes can enhance their brand image and strengthen customer loyalty. Post-war recovery strategies are also discussed, particularly the role of innovation. Companies must adapt to new economic conditions by developing new products, services, and business models that meet the changed demands of customers. Investment attraction is emphasized as crucial for financing innovation and growth in the recovery phase. The article further stresses the importance of long-term strategic planning. In the post-war period, businesses should focus on strengthening customer and partner relationships, investing in customer loyalty programs, and exploring new markets. By developing personalized services and improving customer experience, businesses can ensure sustained growth and maintain customer trust. By embracing local resources, digital solutions, innovation, and fostering strong relationships, businesses can not only recover from wartime challenges but also thrive in the post-war economy, ensuring a resilient future.

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Published
2024-12-30
How to Cite
Mnykh, O., & Staretsky, A. (2024). CHARACTERISTICS OF MARKETING STRATEGIES TO ENSURING THE DEVELOPMENT OF BUSINESS STRUCTURES IN THE WAR AND POST-WAR PERIOD. Economy and Society, (70). https://doi.org/10.32782/2524-0072/2024-70-175
Section
MARKETING