Proposed Marketing Strategy for PT. Bangunkarsa Bumi Persada
PT. Bangunkarsa Bumi Persada (BKBP) is a private company that engaged in property and <br /> <br /> construction business. BKBP has two house projects located in East Bandung. Starting business <br /> <br /> in end of year 2014, BKBP experienced a dramatic decline in revenue...
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Format: | Theses |
Language: | Indonesia |
Online Access: | https://digilib.itb.ac.id/gdl/view/28003 |
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Institution: | Institut Teknologi Bandung |
Language: | Indonesia |
Summary: | PT. Bangunkarsa Bumi Persada (BKBP) is a private company that engaged in property and <br />
<br />
construction business. BKBP has two house projects located in East Bandung. Starting business <br />
<br />
in end of year 2014, BKBP experienced a dramatic decline in revenue from 2016 to 2017 due <br />
<br />
to unstable sales. There are two major factors that cause it to happen. First, the lack o marketing <br />
<br />
efforts and the pressure of short-run results. Second, the lack of acceptance by existing market <br />
<br />
segments. Cause of these major factors came from unfocused competition positioning. And the <br />
<br />
root cause of such problem is the lack of understanding of customers and competition. <br />
<br />
In an effort to overcome the problems faced by BKBP, it is necessary to improve their strategy. <br />
<br />
For this research, the strategic management process used to define the best strategy for BKBP, <br />
<br />
so they can have a better understanding about the customers and competition, obtain their <br />
<br />
competitiveness, and increase their sales and revenue. Strategic management process start from <br />
<br />
environment scanning, strategy formulation, strategy implementation, and evaluation. From <br />
<br />
external and internal environment scanning using SWOT analysis, known there area several <br />
<br />
factor that influence its business, such as regulation, economic, social, competitors, customers, <br />
<br />
and company’s capabilities and resources. <br />
<br />
TOWS matrix as a further analysis result, shows that the appropriate strategy is improve the <br />
<br />
marketing strategy. In determining STP, BKBP only guided by their previous project that might <br />
<br />
not suitable with current condition. Therefor, they need to refine their STP first. Then, improve <br />
<br />
marketing strategy through 4Ps marketing mix, including product, price, place, and promotion. <br />
<br />
It is important to implement the proposed marketing strategy as a respone to company’s <br />
<br />
problems. Implementation plan explain the actions for 4Ps, which is consist of schedule plan, <br />
<br />
person in charge for the actions, required resources, and budget estimation. The proposed <br />
<br />
implementation plan provide one year program which can be adjusted as the environment and <br />
<br />
business that might changed. |
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