The Indonesian Journal of Business Administration
Vol 10, No 1 (2021)

BUDGET AND CONTENT STRATEGY: AN EXPERIMENT ON DAILY SALES ON A SMALL FASHION ONLINE SHOP




Article Info

Publish Date
07 Nov 2022

Abstract

SMEs are faced with new business opportunities through online channels, i.e., social media. The online platform offers many advantages, especially for small businesses, to raise awareness, attract broader consumers, and eventually scale up the company. However, this opportunity also comes with a whole different challenge on how to optimize the platform. Many small businesses fail to overcome the new challenges due to their limitations, such as lack of financial and human resources. The purpose of this study is to examine the relationship between budget strategy and content strategy on the daily sales performance of an online fashion retail shop in Indonesia. By.yesya is used as an experimental object and analyzed using a quantitative research method through a lens of multivariate analysis (i.e. OLS regression). Using 1,637 daily sales observations, the result shows that the amount of budget allocation and the application of content strategy in the advertising material significantly increase its sales performance. One main conclusion is that this study provides a glimmer of enlightenment; there should be a reference whereby other businesses are keen to see how online advertising is sufficient to increase sales performance.Keywords: Advertising, Social Media, Budget, Content Strategy, Facebook, SME.

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Journal Info

Abbrev

IJBA

Publisher

Subject

Decision Sciences, Operations Research & Management

Description

The Indonesia Journal of Business Administration(IJBA) is a business journal that bridges the gap between business research and practice, evaluating and reporting on new research to help readers identify and understand significant trends in their fields. The IJBA seeks to publish papers relating ...