ФІНАНСОВО-КРЕДИТНА ДІЯЛЬНІСТЬ: ПРОБЛЕМИ ТЕОРІЇ ТА ПРАКТИКИ
Том 5 (52), 2023
562 DOI: 10.55643/fcaptp.5.52.2023.4190
MARKETING STRATEGIES IN E-COMMERCE:
PERSONALISED CONTENT,
RECOMMENDATIONS, AND INCREASED
CUSTOMER TRUST
ABSTRACT
Digital marketing is a key strategic component of the modern business environment,
contributing to the competitiveness of companies. The purpose of the study is to analyse
the impact of digital marketing on product quality and competitiveness of organisations.
Considering the various aspects of digital marketing, the article reveals its role in im-
proving the product, attracting a new audience and retaining loyal customers. Digital
marketing helps to create content aimed at the individual needs of consumers and en-
sures the effective use of online communication channels. Research clearly demon-
strates the strong link between digital marketing and product quality improvement. This
strategy provides businesses with the opportunity to actively engage with their audi-
ence, obtain feedback from customers, and adjust product features to meet their needs.
Among the key advantages of digital tools is the ability to analyse consumer demand
and anticipate market trends, which in turn allows for timely and effective responses to
changes. Improving product quality is not the only beneficiary of digital marketing. It
also helps to attract a new audience and retain loyal customers. This is achieved through
meaningful, personalised customer service, helping to highlight their unique require-
ments and ensure that the product meets their expectations. All in all, digital marketing
is an important strategy that helps businesses not only improve the quality of their
products but also achieve high competitiveness. Its ability to engage with the audience,
adapt to changes, and improve customer experience makes it central to the modern
business environment. The main conclusion of the study is that digital marketing deter-
mines business development in the modern digital world. It provides companies with an
opportunity to attract the attention of the target audience and increase their interest
and interaction with the product. The results of the analysis confirm that digital market-
ing is essential for achieving success in a dynamic competitive environment.
Keywords: e-commerce, marketing innovations, business development, market
promotion, digital environment, social media
JEL Classification: M3, M31
INTRODUCTION
The relevance of the study is due to the expanding sphere of influence of Internet
technologies, which transform traditional business models and the nature of interaction
in marketing. This transformation is prompting a review of conventional marketing strat-
egies and adapting them to the requirements of the digital age. As the influence of the
Internet continues to grow, the need to develop innovative and creative online market-
ing strategies is becoming increasingly important.
The field of information technology covers all aspects of everyday life, and marketing is
no exception. The rapid advancement of devices and the undisputed access to the In-
ternet from anywhere in the world are influencing trends, and creating relevant topics
for research. The concept of digital marketing uses all the key aspects of conventional
marketing approaches, adapting them for use in the online environment to promote
products and services to customers and manage customer relationships.
DOI: 10.55643/fcaptp.5.52.2023.4190
Maciej Potwora
Lecturer of the Department of
Innovation Management, Master's
Degree in Economics, Academy of
Applied Sciences – Academy of
Management and Administration in
Opole, Opole, Poland;
e-mail: maciejpotwora@gmail.com
ORCID: 0009-0002-9302-2243
(Corresponding author)
Iryna Zakryzhevska
PhD in Economics, Associate Professor
of the Department of Marketing,
Economy and Management Faculty,
Khmelnytskyi National University,
Khmelnytskyi, Ukraine;
ORCID: 0000-0003-0918-9949
Anastasiia Mostova
D.Sc. in Economics, Associate
Professor, Varna University of
Management, Varnа, Bulgaria;
ORCID: 0000-0002-3998-3441
Vitalii Kyrkovskyi
PhD Student of the Department of
Public Administration, Interregional
Academy of Personnel Management,
Kyiv, Ukraine;
ORCID: 0009-0001-7690-4917
Volodymyr Saienko
D.Sc. in Organization and
Management, Professor of the
Department of Innovation
Management, Academy of Applied
Sciences - Opole University of
Management and Administration,
Opole, Poland;
ORCID: 0000-0003-2736-0017
Received: 07/09/2023
Accepted: 20/10/2023
Published: 31/10/2023
© Copyright
2023 by the author(s)
This is an Open Access article
distributed under the terms of the
Creative Commons CC-BY 4.0