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Journal : Governors

Smart Pricing, Winning Promotions, and Market Share: The Triple Formula for MSME Profitability Ridwan, Muhammad; Mulyani, Sitti Rizki; Putra, Rio Andhika; Kodri, Aida Nur Mohd; Kumbara, Vicky Brama
GOVERNORS Vol. 4 No. 1 (2025): April-July 2025 Issue
Publisher : Yayasan Cita Cendekiawan Al Khwarizmi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47709/governors.v4i1.6336

Abstract

This study investigates the influence of pricing strategy, promotion, and market share on the profitability of Micro, Small, and Medium Enterprises (MSMEs) in Padang City. Using primary data collected through questionnaire surveys and a quota sampling technique, 100 valid responses were analyzed via multiple regression analysis using SPSS. Using multiple regression analysis, the findings show that both pricing and promotional strategies have a positive and significant effect on MSME profitability. Competitive pricing based on production costs and attractive promotions such as discounts and social media campaigns contribute to increased sales and brand recognition. However, market share does not have a significant effect on profitability, likely due to competition intensity, limited resources, and inefficient operations. Based on these results, MSMEs are encouraged to apply flexible pricing strategies, strengthen promotional efforts, and improve operational efficiency. Support from the government and stakeholders through training, digital marketing assistance, and improved access to capital is also recommended. The study is limited by its focus on Padang City, a relatively small sample size, and limited variables. Future research should consider broader geographic coverage, larger samples, additional influencing factors like product quality and external conditions, and the use of mixed methods and longitudinal designs. This research offers valuable insights for improving MSME profitability and serves as a reference for strategic development efforts in similar business environments.
Co-Authors Abdi Fadhlan Afuan, M. Afuan, Muhammad Amanda, Nadya Violeta Aminuyati Andika Putra Andri Wijaya, Ronni Aniska, Susila Aprilia, Tiffa Arifa Khairiza Azri Arsyad, Haris Aulan, Dela Aulia Citra Beliya, Stafini Candana, Dori Mittra Charli, Chintya Ones Della Asmaria Putri Desi Permata Sari Desi Permata Sari Efendi, Firman Emil Salim Fadila, Aqilla Febriani, Shinta Fitri, Hasmaynelis Gunawan, Deandra Hanna Pratiwi Hasanah, Nisaul Hasmaynelis Fitri Hidayat, Rahayu Rahmah Ikhlas Fathan julianda, Regi Karimah, Sari Yazidhatul Karlinda, Ai Elis Karlinda, Aielis Kaswanti, Ferna Kodri, Aida Nur Mohd Lusiana Lusiana M Riski Mardhatila Fitri Sopali Mayang, Gusti Meri Andani Mondra Neldi Muhammad Ridwan Muhammad Ridwan Muliani, Mutiara Mulyadi, Olandari Mulyani, Sitti Rizki Nandan Limakrisna Neldi, Mondra Neni Sri Wahyuni Nengsi Neni Sri Wayuni Ningsih Noferma, Fani Nofsri Suriyana Okta Sari, Liddia Omia Crefioza Pransiska, Ririn Yulia Putra, Dony Syah Putra, Nofriandi Putra, Rio Andhika Putri Ananda, Intania Putri Azizi Putri Rahmawati Putri, Della Asmaria Putri, Rhenesa Putri, Wahyu Nengsri Rais , Aditya Rivaldo Ramdani Bayu Putra Ramdhani Bayu Putra Rasyid, Rohsita Amalyah Rio Andhika Putra Rivan Saputra, Rivan Ronni Andri Wijaya Rosalinda, Dinda Rusandi, Fitri Sagitry, Afreliya Saputri, Jelita Sitti Rizki Mulyani Sitti Rizky Mulyani Suci, Vitria Anjela Susrianty Syafitri, Regita Syakila, Aziza Rahmawati Tonny Yuwanda Wahyuni, Anggun Sri Yulanda Putri Yulasmi Yulasmi, Yulasmi Yunita Yunita Yusvi Diana Zaky, Muhammad