RELATIONSHIP MARKETING AS AN INNOVATIVE AND APPLIED CONCEPT FOR THE DEVELOPMENT OF AN ARCHITECTURAL AND CONSTRUCTION COMPANY

The article explores the concept of relationship marketing as an innovative and applied strategy for the development of architectural and construction companies. The authors substantiate the relevance of this approach, driven by dynamic changes in the construction industry, intensifying global competition, evolving consumer preferences, and the advancement of digital technologies. The paper provides an in-depth analysis of the key components of relationship marketing, including co-creation of value, effective communication, long-term commitments, and mutual benefit. The authors emphasize that value co-creation enables companies to actively involve partners in the development of innovative solutions, thereby enhancing their competitiveness. Effective communication, built on trust and transparency, serves as the foundation for successful collaboration. Long-term commitments help reduce risks, improve planning, and ensure the effective implementation of joint projects. Mutual benefit motivates participants to continue developing their partnerships. The study also highlights practical aspects of implementing relationship marketing in architectural and construction companies. The authors stress the importance of a systemic approach that involves the development of specialized programs, the use of modern digital technologies to enhance interaction, and the formation of partnership ecosystems. Such initiatives enable companies not only to adapt to change but also to proactively influence trends in the industry. The results confirm that relationship marketing is a key element in ensuring competitiveness and sustainable development for architectural and construction companies. The implementation of this concept improves service quality, strengthens customer orientation, and creates the conditions for long-term market leadership. The authors highlight that in the context of global challenges and industry transformation, relationship marketing becomes a strategic imperative for the success of architectural and construction companies.

Authors

Institutions

Publication Details

Journal
Herald of Khmelnytskyi National University Economic sciences
Published
2025-05-15
DOI
https://doi.org/10.31891/2307-5740-2025-342-3(1)-3
Primary Topic
Marketing and Advertising Strategies
Type
article
Field-Weighted Citation Impact
0.00
Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

RELATIONSHIP MARKETING AS AN INNOVATIVE AND APPLIED CONCEPT FOR THE DEVELOPMENT OF AN ARCHITECTURAL AND CONSTRUCTION COMPANY

Ruslan KUBANOV, Dmytro Makatora, Olga Zhovkva, Ivan M. Kopchuk
Herald of Khmelnytskyi National University Economic sciences
Marketing and Advertising Strategies
article

RELATIONSHIP MARKETING AS AN INNOVATIVE AND APPLIED CONCEPT FOR THE DEVELOPMENT OF AN ARCHITECTURAL AND CONSTRUCTION COMPANY

Ruslan KUBANOV, Dmytro Makatora, Olga Zhovkva, Ivan M. Kopchuk
article en

Abstract

The article explores the concept of relationship marketing as an innovative and applied strategy for the development of architectural and construction companies. The authors substantiate the relevance of this approach, driven by dynamic changes in the construction industry, intensifying global competition, evolving consumer preferences, and the advancement of digital technologies. The paper provides an in-depth analysis of the key components of relationship marketing, including co-creation of value, effective communication, long-term commitments, and mutual benefit. The authors emphasize that value co-creation enables companies to actively involve partners in the development of innovative solutions, thereby enhancing their competitiveness. Effective communication, built on trust and transparency, serves as the foundation for successful collaboration. Long-term commitments help reduce risks, improve planning, and ensure the effective implementation of joint projects. Mutual benefit motivates participants to continue developing their partnerships. The study also highlights practical aspects of implementing relationship marketing in architectural and construction companies. The authors stress the importance of a systemic approach that involves the development of specialized programs, the use of modern digital technologies to enhance interaction, and the formation of partnership ecosystems. Such initiatives enable companies not only to adapt to change but also to proactively influence trends in the industry. The results confirm that relationship marketing is a key element in ensuring competitiveness and sustainable development for architectural and construction companies. The implementation of this concept improves service quality, strengthens customer orientation, and creates the conditions for long-term market leadership. The authors highlight that in the context of global challenges and industry transformation, relationship marketing becomes a strategic imperative for the success of architectural and construction companies.

Herald of Khmelnytskyi National University Economic sciencesVol. 342(3(1))
Kyiv National University of Construction and Architecture (UA), National Technical University of Ukraine “Igor Sikorsky Kyiv Polytechnic Institute” (UA), Hanoi University of Civil Engineering (VN)
Openalex Percentile: Top 83%
Marketing and Advertising Strategies
AI Navigator

Ask Laika to Summarize, Analyze, and Connect papers live on the map.

Summarize Papers & Methodologies

Extract key findings, datasets, and comparative methods across publications.

Benchmark Rankings & Visual Analytics

Rank top research institutions, authors, funders, topics, and journals by Field-Weighted Citation Impact (FWCI) and paper volume with instant charts.

Connect Distant Disciplines

Bridge topological clusters on the map to find hidden collaborative intersections.