Jurnal Inovasi Penelitian
Vol 1 No 11: April 2021

TURNAROUND STRATEGY FOR STAGNANT MARKET CONDITION ON FITNESS BUSINESS IN SOUTH JAKARTA INDONESIA

Joseph M. J. Renwarin (Institut Teknologi dan Bisnis Kalbis, Jakarta Indonesia)



Article Info

Publish Date
28 Mar 2021

Abstract

This research is case study on how the turnaround strategy to growth strategy. The phenomenon is stagnant to declining condition on fitness business in Jakarta city. The objective of research is evaluate the condition of stagnant market of membership Fitness business in South Jakarta Indonesia. The method of this research is the Cause-effect examines the correlation and effect between two or more variables. The author carries out the research by using quantitative descriptive approach with cause-effect method using simple and multiple regression. The author finds that there are correlations and effects of independent variables such as product, price, location, promotion, people, process and physical evidence to customer loyalty. The result of this research shows that marketing mix variable such as product, price, place, promotion, people, process and physical evidence partially have significant effect to customer loyalty. The author find that managing people is very important as the front liner and as the main of the strategy.

Copyrights © 2021






Journal Info

Abbrev

JIP

Publisher

Subject

Agriculture, Biological Sciences & Forestry Humanities Education Social Sciences

Description

"JIP” for JURNAL INOVASI PENELITIAN, published by Sekolah Tinggi Pariwisata Mataram. Published in two formats, print and online, ISSN: 2722-9475 and the online version of ISSN 2722-9467, both of which are published every month. The scope of the journal studies broadly includes: 1. Culture (a ...