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Information-time factors of the customer experience management efficiency in marketing and commerce of enterprises

Author

Listed:
  • Oleksii Oleksiuk
  • Oleksandr Shafalyuk
  • Anna Tashchenko

Abstract

The article highlights the systemic changes in the economy which have led to shifts in scientific paradigms and theories. These changes require us to rethink the methodological level of key factors that contribute to value formation for consumers, cause-and-effect relationships that ensure the efficiency of economic processes, and seek out new productive approaches to solving the fundamental economic problem. The study examined existing scientific works and approaches in studying the influence of information-intellectual and time factors on economic processes. This showed the need for non-categorical logic in models that assess and forecast the effectiveness of decisions made by consumers and other market participants. A ternary model has been proposed to evaluate the effectiveness of the client experience, which takes into account the parameters of the situational context. This model can be implemented using a barycentric mathematical apparatus and an appropriate mathematical programming toolkit. The author's conclusions and developments were practically tested using data from leading domestic online services of the pharmaceutical market. The study focused on the influence of information and time factors on the effectiveness of the client experience and the management of marketing and commercial interactions with consumers. The study used arrays of empirical data characterizing customer service orders in pharmacies, including their implementation on the scale of Ukraine. The study established a correlation between the response time of pharmacies to customer orders and the level of payment and implementation of the latter. Appropriate coefficients have been determined, which have practical value. They guide enterprises to potentially available additional income by reducing the waiting time for customer responses regarding drugs and medical products. The study also proved the significance of the factors of the response time of pharmacy staff to customer orders, as well as the quality of work on informing the latter, in ensuring the effectiveness of the customer experience. Additionally, the price parameters of medicines and medical products, the location of pharma stores, the level of digital skills of customers in a region, and the availability of the Internet, etc. significantly affect the behavior of consumers in Ukraine

Suggested Citation

  • Oleksii Oleksiuk & Oleksandr Shafalyuk & Anna Tashchenko, 2023. "Information-time factors of the customer experience management efficiency in marketing and commerce of enterprises," Management and Business Articles, Management and Business, vol. 1(2), pages 201-214, November.
  • Handle: RePEc:bdw:emsesd:v:1:y:2023:i:2:p:201-214
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