Journal of International Conference Proceedings
Vol 4, No 2 (2021): Vol 4, No 2 (2021): Proceedings of the 10th International Conference of Project

Business Model Improvement: A Study Case of Financial Bookkeeping System and Marketing Strategy Creation

Nanda Inasovilizuari (Universitas Indonesia)
Avanti Fontana (Universitas Indonesia)



Article Info

Publish Date
26 Nov 2021

Abstract

The crisis that occurred in 2020 was caused by the COVID-19 pandemic. It changes the way humans live their life globally, which requires people to reduce mobility, thus making people in looking for new activities that can be done at home, one of which is gardening and planting. Amid external conditions that provide opportunities for incremental sales in-plant industry, ABC Orchid have not been able to take advantage of opportunities properly. This study case aims to solve the marketing and financial problems using the business development framework. The problem that arises is stagnated gross sales amid the booming in the plant industry. The substitution for income sources from large party consumers, such as hotels and offices become consumers from private markets, causing a stable gross basis compared to conditions before the pandemic. The methods used in this case study are in-depth interview with business owner and competitors from the same industry and self- administrative market survey. The results found that there are ineffective business activities in ABC Orchid, namely poor financial bookkeeping system and marketing activities that are not carried out consistently based on market. The phenomena of business ineffectiveness show the presence of a need-to-improve business model.

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Journal Info

Abbrev

JICP

Publisher

Subject

Humanities Decision Sciences, Operations Research & Management Electrical & Electronics Engineering Industrial & Manufacturing Engineering Languange, Linguistic, Communication & Media

Description

JICP is proceedings series that aims to publish proceedings from conferences, in the fields of economics, business, and management research. All proceedings in this website are open access, which means the published articles are permanently free to read, download, copy, and distribute. The online ...