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Innovative Optimization Techniques To Enhance The Competitiveness of Online Drug Retail Businesses.
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The objectives of this research were (1) to study the level of marketing strategies that influence the
competitiveness of Online Drug sales businesses (2) To study the factors of developing marketing strategies that
influence the competitiveness of Online Drug sales businesses and (3) To propose guidelines for improving the
efficiency and competitiveness of Online Drug sales business. Used a combination of research methods.
Quantitative research: The sample used in the study was 300 Online Drug business entrepreneurs using
questionnaires as a study tool. The statistics used in the analysis are descriptive statistical data analysis and
inferential statistical analysis. Used to analyze the model of a query. Stepwise Multiple Regression Analysis.
Qualitative research: Semi-structured interviews were used as study tools. The 18 key contributors were
government officials and private sector officials involved in competitiveness development. The results of the study
found that the level of marketing strategies that influence the competitiveness of Online Drug sales businesses
consisted of (1) Marketing Promotion Capability (2) Pricing Capability (3) Channel Capability (4) Product
Development Capabilities and (5) Communication Capabilities for the level of competitiveness of Online Drug
sales businesses consist of (1) Cost (2) Reliability (3) Product Quality and (4) Speed. For the factors, developing
marketing strategies that influence the competitiveness of Online Drug sales businesses. It can be written as a
regression equation in the form of a standardized score as follows: competitiveness of Online Drug sales business
= .878 + (.289 * Marketing Promotion Capability) + (.215 * Product Development Capabilities) + (.201 * Pricing
Capability) + (.116 * Communication Capabilities) and guidelines for improving the efficiency and
competitiveness of Online Drug sales businesses. It was found that the key channel to improve competitiveness
efficiency is to create opportunities for businesses selling products Online Drug through communication between
brand owners and consumers through electronic devices or technologies such as social media, Mobile phones or
the Internet are considered low-cost communication channels. In particular, social networks are very useful to
make brand owners confident that their brand image and messages will be sent directly to consumers advertising
products through Online Drug media. If done simultaneously with other advertising media such as television, radio, magazines, etc., it will help consumers to access products seamlessly, making Online Drug sales more efficient.
Dr. Yashwant Research Labs Pvt. Ltd.
Title: Innovative Optimization Techniques To Enhance The Competitiveness of Online Drug Retail Businesses.
Description:
The objectives of this research were (1) to study the level of marketing strategies that influence the
competitiveness of Online Drug sales businesses (2) To study the factors of developing marketing strategies that
influence the competitiveness of Online Drug sales businesses and (3) To propose guidelines for improving the
efficiency and competitiveness of Online Drug sales business.
Used a combination of research methods.
Quantitative research: The sample used in the study was 300 Online Drug business entrepreneurs using
questionnaires as a study tool.
The statistics used in the analysis are descriptive statistical data analysis and
inferential statistical analysis.
Used to analyze the model of a query.
Stepwise Multiple Regression Analysis.
Qualitative research: Semi-structured interviews were used as study tools.
The 18 key contributors were
government officials and private sector officials involved in competitiveness development.
The results of the study
found that the level of marketing strategies that influence the competitiveness of Online Drug sales businesses
consisted of (1) Marketing Promotion Capability (2) Pricing Capability (3) Channel Capability (4) Product
Development Capabilities and (5) Communication Capabilities for the level of competitiveness of Online Drug
sales businesses consist of (1) Cost (2) Reliability (3) Product Quality and (4) Speed.
For the factors, developing
marketing strategies that influence the competitiveness of Online Drug sales businesses.
It can be written as a
regression equation in the form of a standardized score as follows: competitiveness of Online Drug sales business
= .
878 + (.
289 * Marketing Promotion Capability) + (.
215 * Product Development Capabilities) + (.
201 * Pricing
Capability) + (.
116 * Communication Capabilities) and guidelines for improving the efficiency and
competitiveness of Online Drug sales businesses.
It was found that the key channel to improve competitiveness
efficiency is to create opportunities for businesses selling products Online Drug through communication between
brand owners and consumers through electronic devices or technologies such as social media, Mobile phones or
the Internet are considered low-cost communication channels.
In particular, social networks are very useful to
make brand owners confident that their brand image and messages will be sent directly to consumers advertising
products through Online Drug media.
If done simultaneously with other advertising media such as television, radio, magazines, etc.
, it will help consumers to access products seamlessly, making Online Drug sales more efficient.
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