Journal of Humanities and Social Studies
Vol. 2 No. 01 (2024): FEBRUARY 2024

THE MEANING OF PREDATORY PRICING IN SOCIAL COMMERCE (A PHENOMENOLOGICAL STUDY ON CONVENTIONAL UMKMS IN SURABAYA)

Maharani, Aisyah (Unknown)
Merry Frida (Unknown)
Bambang Sigit Purnomo (Unknown)



Article Info

Publish Date
15 Feb 2024

Abstract

This research aims to examine the phenomenon of predatory pricing in social commerce and its impact on conventional UMKMs in Surabaya. The data shows that the use of social media and online shopping platforms by the public is very high, but there are allegations of predatory pricing that threaten conventional UMKMs. This practice can result in a decrease in revenue, business losses, and even bankruptcy for UMKMs. Although the number of UMKMs using social commerce has increased, the utilization of technology by conventional UMKMs is still low. This gap highlights the importance of this research in understanding the meaning of predatory pricing in social commerce for conventional UMKMs. Proving this practice is difficult due to the lack of adequate data and information. Intense business competition can also lead to bias in interpreting the meaning of predatory pricing. Therefore, this research adopts a qualitative method with a phenomenological approach to explore the meaning of predatory pricing in social commerce among conventional UMKMs in Surabaya. The study is expected to provide a clearer understanding of this phenomenon and contribute to creating a healthier business environment.

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Journal Info

Abbrev

HJ

Publisher

Subject

Religion Agriculture, Biological Sciences & Forestry Humanities Economics, Econometrics & Finance Industrial & Manufacturing Engineering Languange, Linguistic, Communication & Media Social Sciences Other

Description

JOURNAL OF HUMANITIES AND SOCIAL STUDIES is a journal that uses a double-blind peer review model that can be accessed online. The purpose of HUMAS JOURNAL is to publish a journal containing quality articles that will be able to contribute thoughts from a theoretical and empirical perspective in ...