PROPOSED MARKETING STRATEGY TO INCREASE RENSA WALLPAPER SALES IN BANDUNG AREA
Indonesia is the world's largest island country is also the 14th largest country by area at 1,904,569 square kilometers, and also the world's 4th most populous country with a total 276,362,783 people in 2021 with the growth rate at 1.1% per year. As the population grows, the demand for r...
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Format: | Theses |
Language: | Indonesia |
Online Access: | https://digilib.itb.ac.id/gdl/view/69929 |
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Institution: | Institut Teknologi Bandung |
Language: | Indonesia |
Summary: | Indonesia is the world's largest island country is also the 14th largest country by area at 1,904,569
square kilometers, and also the world's 4th most populous country with a total 276,362,783 people in
2021 with the growth rate at 1.1% per year. As the population grows, the demand for residential
property is also increasing which give the opportunity of construction industry sectors and its supporting
industry to grow.
Rensa Wallpaper established in 2012 in Bandung, has expanded significantly over the past eight years,
started the business from a single tiny shop with excellent strategic positions, to being Indonesia's
largest wallpaper suppliers with more than 55 branches nationwide. However, the sales growth in
Bandung area might be deemed to have stagnated over the past year, even though the company is still
profitable.
This research is held in order to understand the situation which Rensa Wallpaper face internally and
externally, and find alternative suggestion plan to encounter the income stagnation and boost Rensa
Wallpaper sales. External analysis conducted using PESTEL, Porter’s Five Forces, Competitive
Analysis and Customer Analysis, while for internal analysis VRIO method, STP, Marketing Mix 7P’s
and internal interview is being used. The collected data then examined and combined using SWOT
Analysis and TOWS Matrix to find the best alternative marketing strategy that can be implemented by
Rensa Wallpaper as suggestion plan to improve company’s performance. |
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