ANALYSIS OF THE RUSSIAN ADVERTISING AND MARKETING COMMUNICATION MARKET

Authors

  • Nikolay A. Belyaev South Ural State University, Chelyabinsk
  • Irina P. Savelyeva South Ural State University, Chelyabinsk
  • Yulia G. Kuzmenko South Ural State University, Chelyabinsk
  • Elena Yu. Trofimenko South Ural State University, Chelyabinsk

Keywords:

advertising market, marketing services market, marketing communications, advertising efficiency, personalization of marketing communications, digitalization of marketing communications

Abstract

The article examines the advertising market as a socio-economic complex that functions in accordance with market laws. The advertising market is the place where advertising producers, advertisers and advertising distributors interact on various issues. This is a separate branch of the economy that provides and satisfies the need of subjects for advertising services. The market is developing very dynamically under the influence of many factors. There are several approaches to its analysis, each of which has a number of features.

The research methods used in the article are contextual analysis, summary, generalization, grouping and analysis of statistical observation materials, analysis of literature and Internet sources, as well as statistics. The conducted research is aimed at describing the current state of the advertising market and its components over the past few years. Based on the study of the data from secondary sources of information, the elements of the market are considered, their quantitative characteristics are given.

Based on the analysis conducted, the main features of the development of advertising and marketing communication market have been highlighted: stable growth, changes in the market structure, digitalization and personalization of marketing communications, as well as overtaking growth of advertising budgets

Author Biographies

Nikolay A. Belyaev, South Ural State University, Chelyabinsk

Candidate of Sciences (Economics), Associate Professor at the Department of Management

Irina P. Savelyeva, South Ural State University, Chelyabinsk

Doctor of Sciences (Economics), Professor, Director of the School of Economics and Management

Yulia G. Kuzmenko, South Ural State University, Chelyabinsk

Doctor of Science (Economics), Professor at the Department of Management

Elena Yu. Trofimenko, South Ural State University, Chelyabinsk

Candidate of Sciences (Economics), Associate Professor at the Department of Management

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Published

2021-08-24

Issue

Section

Marketing