DEVELOPMENT OF A DIGITAL MARKETING STRATEGY FOR A UKRAINIAN AGRICULTURAL BERRY COMPANY IN INTERNATIONAL MARKETS

Abstract

In today's globalised business environment, Ukrainian agribusinesses, particularly those in the berry sector, face a dynamic and competitive international market. To succeed in this environment, these companies need to develop effective digital marketing strategies that resonate with a global audience. This research focuses on the intricacies and imperatives of forming a robust digital marketing strategy for Ukrainian agri-berry companies operating in international markets. The study begins by delving into the specifics of the berry sector, highlighting its unique characteristics, challenges and potential. It highlights the importance of berries in a global context, emphasising their role as health-conscious consumers seek nutritious and sustainable options. Next, the research explores the digital landscape, highlighting the central role of digital platforms, social media and e-commerce in modern marketing. It highlights the power of data analytics and artificial intelligence in understanding consumer behaviour and tailoring marketing efforts. One of the key findings is the need to understand the cultural nuances and preferences of international target markets. It presents case studies of successful digital marketing campaigns by Ukrainian agricultural berry companies in different global regions. The purpose of this article is to comprehensively examine the formation of digital marketing strategies for Ukrainian agribusinesses specialising in berries as they navigate the complex landscape of international markets. It aims to shed light on the unique challenges and opportunities faced by these companies, highlighting the importance of digital marketing in reaching global consumers. Through in-depth research, case studies and analysis, this article aims to provide valuable insights and practical guidance for Ukrainian agri-berry companies, enabling them to develop effective and tailored digital marketing strategies that will enhance their competitiveness and success on the international stage. Methodology. The methodology used in this article involves a multifaceted approach designed to comprehensively examine the formation of digital marketing strategies for Ukrainian agri-berry companies operating in international markets. Extensive research was conducted to review the existing literature on digital marketing strategies, international market entry and the agricultural sector in Ukraine. Comparative analysis was carried out to identify patterns, trends and best practices in the digital marketing strategies of Ukrainian agrarian berry companies compared to their international competitors. Several case studies were conducted to analyse real-life examples of Ukrainian agrarian berry companies that have ventured into international markets. These case studies provided valuable insights into the challenges and successes of different digital marketing strategies. Results. The survey conducted as part of this study sheds light on the current landscape of digital marketing strategies among Ukrainian agricultural berry companies in the context of international markets. A significant percentage of companies surveyed showed a significant gap in their digital presence compared to international competitors. Many Ukrainian agri-berry companies have yet to fully exploit the potential of digital marketing. This limited use represents a missed opportunity to optimise marketing efforts. An interesting trend has emerged in terms of social media platforms. While most companies use Facebook for marketing, there is a growing interest in diversifying to platforms such as Instagram and LinkedIn in line with international marketing trends. Respondents often cited challenges associated with internationalisation, such as adapting marketing content for different markets, navigating diverse regulations and overcoming language barriers. Despite the challenges, a significant number of companies reported a positive return on investment (ROI) from their digital marketing efforts. This shows that with the right strategies, international markets can be very lucrative. There is room for improvement: а recurring theme in respondents' responses was the recognition that there is significant room for improvement in their digital marketing strategies. Many respondents expressed their intention to invest more in digital marketing and seek professional advice. Thus, the survey results highlight both the opportunities and challenges faced by Ukrainian agricultural berry companies in their efforts to develop effective digital marketing strategies for international markets. These findings will form the basis for the practical recommendations outlined in this study. Practical implications. The practical implications of this research highlight the need for Ukrainian agri-berry companies to prioritise digital marketing strategies for international expansion. By improving their digital presence, leveraging data analytics and diversifying across relevant platforms, these companies can overcome challenges and capitalise on the significant opportunities presented by international markets. Ukrainian agri-berry companies can use the findings to revise their digital marketing strategies, focusing on data-driven approaches and diversified platforms. By addressing the challenges of internationalisation and investing wisely, these companies can increase their global market presence and profitability. Value/originality. The value and originality of this article lies in a comprehensive study of the formation of digital marketing strategies for Ukrainian agricultural berry companies in international markets. This topic is extremely relevant in today's globalised business environment, where digital marketing plays a key role in a company's success. First, this article contributes to the existing body of knowledge by specifically addressing the unique challenges faced by Ukrainian agricultural berry companies.