PROPOSED MARKETING STRATEGY FOR SCHOUTEN.ID TO INCREASE BRAND AWARENESS AND PURCHASE INTENTION
Currently, the creative industry is growing rapidly due to the increasing use of technology. In 2019, the creative industry provided a GDP of IDR 1,153.4 billion. Fashion is included in one of the creative economies which contributes a large GDP, namely 41%. Fashion today can show a person's...
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Format: | Theses |
Language: | Indonesia |
Subjects: | |
Online Access: | https://digilib.itb.ac.id/gdl/view/70687 |
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Institution: | Institut Teknologi Bandung |
Language: | Indonesia |
Summary: | Currently, the creative industry is growing rapidly due to the increasing use of
technology. In 2019, the creative industry provided a GDP of IDR 1,153.4 billion.
Fashion is included in one of the creative economies which contributes a large GDP,
namely 41%. Fashion today can show a person's status and the character of the
wearer. On the other hand, fashion is included in the MSME sector and continues
to grow from year to year. One UMKM that is also engaged in fashion is Schouten.
Schouten is a local men's fashion brand that sells basics and has been established
since 2017. Currently Schouten has five product categories, namely outerwear,
shirts, t-shirts, pants, and hats. Every year, the number of MSMEs in the fashion
sector increases, which causes many new competitors to emerge, and of course, old
competitors have also become obstacles. Based on Schouten's sales data from
2020–2022, its sales have fluctuated. The author conducted preliminary interviews
with fifteen random people, and only two people knew the Schouten brand. With
these findings, it can be concluded that the use of social media and promotional
methods by Schouten are still not optimal, causing a lack of brand awareness. This
study aims to find out what factors cause sales fluctuations at Schouten, what
factors influence purchase intention, and what marketing strategy suggestions are
suitable to increase brand awareness at Schouten. To fulfill the research objectives,
the authors will use external and internal analysis that produces TOWS as a
solution. External analysis was carried out using PEST analysis, Porter's five forces
analysis, competitor analysis, and customer analysis. Customer analysis was carried
out by randomly distributing questionnaires to 200 respondents, including potential
customers. The data is then processed using SmartPLS 4 using the PLS-SEM
approach. Then, for internal analysis, it is done using VRIO analysis, marketing
mix analysis, and STP. The results showed that there were 11 strategies produced
by the TOWS matrix, and as many as six strategies were chosen to formulate new
marketing strategy proposals, which could then be implemented by Schouten based
on the implementation plans that had been made. |
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