IDEAS home Printed from https://ideas.repec.org/a/ags/sereko/412124.html

Economic analysis of marketing strategies to improve the competitiveness of food industry enterprises in the agro-industrial complex

Author

Listed:
  • Petrova, Olena
  • Trybrat, Ruslan
  • Shevchuk, Natalia
  • Ziuzko, Alla

Abstract

The purpose of this study was to analyse the marketing strategies of food industry enterprises in the Mykolaiv region to increase their competitiveness. The study investigated the economic state of the region’s food industry, analysed current marketing practices, and assessed the competitive environment. The study employed a wide range of methods, including statistical analysis, SWOT analysis, benchmarking, and economic and mathematical modelling to forecast product demand. Based on official statistics, practical examples of local enterprises (Olkom, Chumak) and global marketing practices (Nestlé, Unilever, Coca-Cola, Danone), the strengths and weaknesses of enterprises in the region were identified, as well as opportunities for development. The study found that the key advantages include access to high-quality raw materials, regional brand recognition, and the potential for using digital technologies. The key challenges include limited marketing budgets, dependence on seasonality, and high competition from large national and international producers. Recommendations were developed for adapting marketing strategies to the specific characteristics of the region, including the use of local advantages (geographical location, access to resources), the introduction of modern marketing tools, improved interaction between farmers and food industry enterprises, and the creation of clusters to increase efficiency. It was proposed to use international practices to design sustainable development programmes, create unique local products, and introduce innovations in distribution and logistics. The findings of the study can be used by food industry enterprises in the Mykolaiv region to optimise marketing strategies, increase competitiveness, and strengthen their positions in internal and external markets

Suggested Citation

  • Petrova, Olena & Trybrat, Ruslan & Shevchuk, Natalia & Ziuzko, Alla, 2025. "Economic analysis of marketing strategies to improve the competitiveness of food industry enterprises in the agro-industrial complex," Ekonomika, Journal for Economic Theory and Practice and Social Issues, Society of Economists Ekonomika, Nis, Serbia, vol. 32(3).
  • Handle: RePEc:ags:sereko:412124
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/412124/files/Ekonomika%20APK%2C%20Vol%2032%2C%20No%203%2C%202025-58-68.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:sereko:412124. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: http://www.ekonomika.org.rs .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.