Proposed Brand Strategy for Blibli.com
As an exciting industry, e-commerce is predicted to have $88 billion value of sales in 2025 in <br /> <br /> the ASEAN region. One of local companies, Blibli, is trying to become a brand with <br /> <br /> competitive prices, and given HICE (handphone, IT, camera, electronics...
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Format: | Theses |
Language: | Indonesia |
Online Access: | https://digilib.itb.ac.id/gdl/view/25363 |
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Institution: | Institut Teknologi Bandung |
Language: | Indonesia |
Summary: | As an exciting industry, e-commerce is predicted to have $88 billion value of sales in 2025 in <br />
<br />
the ASEAN region. One of local companies, Blibli, is trying to become a brand with <br />
<br />
competitive prices, and given HICE (handphone, IT, camera, electronics) team to carry out the <br />
<br />
task provided that the team contributes the highest to Blibli’s overall revenue. Using quick <br />
<br />
survey, the team found out that Blibli’s prices is not competitive enough and created a strategy, <br />
<br />
called Loss Leader internally, to change the current perception by giving out sales promotions <br />
<br />
on daily basis. However, the strategy was only running effectively for two months. When <br />
<br />
looking at pageviews for HICE, there is a spike of pageviews in certain weeks correlated with <br />
<br />
several product launches and events. This raises a question about the program’s effectiveness <br />
<br />
looking at the two facts; decreasing and stagnating trend from the program, and spiking <br />
<br />
pageviews during special occasions. Therefore, the research would be focused on finding the <br />
<br />
brand association to find out whether the brand strategy is right by utilizing the resources they <br />
<br />
currently have. <br />
<br />
The method used for this research is brand audit; “comprehensive examination of a brand to <br />
<br />
discover its sources of brand equity.”, focusing on consumer to assess the brand’s health, its <br />
<br />
sources of equity, and find ways to improve and leverage its equity. Brand audit consists of 3 <br />
<br />
aspects; brand inventory, brand exploratory, and brand positioning. <br />
<br />
Brand inventory analysis is used to find strong association, brand exploratory analysis is used <br />
<br />
to find favourable association, and brand positioning analysis is used to find unique association. <br />
<br />
The results of the analysis are there are only strong and favourable association; product hype <br />
<br />
promotions. <br />
<br />
There are two alternatives for the proposed brand strategy. First, the alternative to continue on <br />
<br />
the current strategy to change the customer’s perception about the prices in Blibli compared to <br />
<br />
its competitors in both B2C and C2C industry. While the second alternative is to change the <br />
<br />
current strategy and replace it with a strategy utilizing the current strong and favorable <br />
<br />
association that Blibli is currently have; product hype promotions. The most suitable one is the <br />
<br />
alternative 2; change the current strategy, utilizing the strong and favourable association by <br />
<br />
giving out sales promotions on new special occasions. |
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