Econetica
Vol 5 No 2 (2023): November 2023

Marketing Feasibility and Strategic Application of the Marketing Mix in Small Retail Enterprises

Yahya, Lucky Mahesa (Unknown)
Radinda, Ayu Putri (Unknown)
Asri, Widya Kartika (Unknown)
Ilham, Muhammad (Unknown)
Saputra, Andreza Yosmi (Unknown)



Article Info

Publish Date
03 Nov 2025

Abstract

This study aims to analyze the marketing feasibility and application of the marketing mix (4P: product, price, place, and promotion) in the operation of Toserba 35 Hidayah, a local retail enterprise in Lima Puluh Kota, West Sumatra. Using a qualitative descriptive approach, data were collected through in-depth interviews, direct observation, and document review to assess the firm’s competitive position and market strategy. The findings indicate that the business demonstrates strong marketing feasibility supported by product diversity, strategic location, competitive pricing, and customer-oriented service. However, the promotional strategy remains traditional, relying primarily on word-of-mouth, indicating the need for digital marketing adoption to expand market reach. The study concludes that integrating modern marketing practices—particularly social media engagement and customer loyalty programs—would enhance competitiveness and sustainability. Theoretically, this research reinforces the role of the marketing mix as a determinant of micro-enterprise performance and highlights the importance of adaptive marketing innovation in the Indonesian retail sector.

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Journal Info

Abbrev

econetica

Publisher

Subject

Economics, Econometrics & Finance Social Sciences

Description

Jurnal Econetica merupakan publikasi Ilmiah terkait Sosial, Ekonomi dan Bisnis merupakan hasil kajian pustaka, kajian isu, dan hasil penelitian yang berkembang dimasyarakat. Jurnal ini menggunakan Bahasa Indonesia. Terbit 2 kali setiap ...