SWOT Analysis as a Determinant of Marketing Strategy Case

Technology is increasingly sophisticated so it can provide convenience for mankind. However, it is undeniable that the era of globalization has made transactions easier, but has tightened business competition. This study aims to organize the description by making it controllable. The description is...

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Main Authors: Viviana Viviana, Victor Victor
Format: Article
Language:English
Published: Bandung: Prodi Manajemen FE Universitas Langlangbuana 2022-04-01
Series:Almana: Jurnal Manajemen dan Bisnis
Subjects:
Online Access:http://journalfeb.unla.ac.id/index.php/almana/article/view/1751
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author Viviana Viviana
Victor Victor
author_facet Viviana Viviana
Victor Victor
author_sort Viviana Viviana
collection DOAJ
description Technology is increasingly sophisticated so it can provide convenience for mankind. However, it is undeniable that the era of globalization has made transactions easier, but has tightened business competition. This study aims to organize the description by making it controllable. The description is balanced by analysis and delivery into the interpretation. In designing and establishing a marketing strategy, researchers first analyze market segmentation, target market, and market positioning. Then the researchers conducted an environmental analysis consisting of the internal environment and the external environment of PT Karya Lencana Mas Medan. Based on the results of the analysis above, the researchers conducted a SWOT analysis consisting of an analysis of strengths, weaknesses, opportunities, and threats which were then combined in a SWOT matrix, intending to know alternatives which is possible in planning a marketing strategy using a marketing mix analysis consisting of product, price, place, and promotion. Based on the results of the study, it can be concluded as follows. Based on its marketing strategy, PT Karya Lencana Mas Medan is considered quite good, because it has chosen the right segment and is targeted by competitors from the same industry so that the company's market positioning runs smoothly and the marketing mix implemented by PT Karya Lencana Mas Medan is also sufficient. One of the promotions that have been done is canvassing. The current location is also considered strategic because it is in the middle of the city.
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spelling doaj.art-920a8426a3a44ea0bba730a687b2b14c2023-12-03T05:47:38ZengBandung: Prodi Manajemen FE Universitas LanglangbuanaAlmana: Jurnal Manajemen dan Bisnis2579-48922655-83272022-04-016110.36555/almana.v6i1.1751SWOT Analysis as a Determinant of Marketing Strategy CaseViviana Viviana0Victor Victor1STMB MULTISMART, IndonesiaSTMB MULTISMART, Indonesia Technology is increasingly sophisticated so it can provide convenience for mankind. However, it is undeniable that the era of globalization has made transactions easier, but has tightened business competition. This study aims to organize the description by making it controllable. The description is balanced by analysis and delivery into the interpretation. In designing and establishing a marketing strategy, researchers first analyze market segmentation, target market, and market positioning. Then the researchers conducted an environmental analysis consisting of the internal environment and the external environment of PT Karya Lencana Mas Medan. Based on the results of the analysis above, the researchers conducted a SWOT analysis consisting of an analysis of strengths, weaknesses, opportunities, and threats which were then combined in a SWOT matrix, intending to know alternatives which is possible in planning a marketing strategy using a marketing mix analysis consisting of product, price, place, and promotion. Based on the results of the study, it can be concluded as follows. Based on its marketing strategy, PT Karya Lencana Mas Medan is considered quite good, because it has chosen the right segment and is targeted by competitors from the same industry so that the company's market positioning runs smoothly and the marketing mix implemented by PT Karya Lencana Mas Medan is also sufficient. One of the promotions that have been done is canvassing. The current location is also considered strategic because it is in the middle of the city. http://journalfeb.unla.ac.id/index.php/almana/article/view/1751SWOT AnalysisMarketing Strategy
spellingShingle Viviana Viviana
Victor Victor
SWOT Analysis as a Determinant of Marketing Strategy Case
Almana: Jurnal Manajemen dan Bisnis
SWOT Analysis
Marketing Strategy
title SWOT Analysis as a Determinant of Marketing Strategy Case
title_full SWOT Analysis as a Determinant of Marketing Strategy Case
title_fullStr SWOT Analysis as a Determinant of Marketing Strategy Case
title_full_unstemmed SWOT Analysis as a Determinant of Marketing Strategy Case
title_short SWOT Analysis as a Determinant of Marketing Strategy Case
title_sort swot analysis as a determinant of marketing strategy case
topic SWOT Analysis
Marketing Strategy
url http://journalfeb.unla.ac.id/index.php/almana/article/view/1751
work_keys_str_mv AT vivianaviviana swotanalysisasadeterminantofmarketingstrategycase
AT victorvictor swotanalysisasadeterminantofmarketingstrategycase