Designing online communication mix for machinery manufacturers
Recent global challenges and the development of digital
technologies have caused companies to update their business models to
incorporate the variety of existing online communication tools. This enables
companies to design their communication with customers and other
stakeholders in the most effective way based on the company's business goals.
This study provides an approach for planning and assessing online
communication mix for machinery manufacturers. The authors conducted a
series of expert interviews and used the analytic hierarchy process as well as
the method of parametric identification to determine the optimal set of elements
for online communication in the market of machinery manufacturing. Based on
the research findings, the authors developed and tested the model for planning
online communication activities and assessing their effectiveness. The research
results detect hidden relationships between the individual elements of online communication activities and the impact of those elements on each other. This
approach makes it possible to evaluate online communication in terms of
achieving companies' business goals, rather than evaluating individual
indicators of separate communication elements.
Keywords: machinery industry; online marketing; communication tools; promotion strategy; Ukrainian market; key performance indicators.
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