Jurnal Bina Bangsa Ekonomika
Vol. 17 No. 2 (2024): Jurnal Bina Bangsa Ekonomika (JBBE)

BRANDING DAN LABELING SEBAGAI UPAYA STRATEGI PEMASARAN PRODUK UMKM BINAAN DI KOTA MEDAN

Ratih Amelia (Politeknik Unggul LP3M)
Tyus Windi Ayuni (Politeknik Unggul LP3M)
Nasib Nasib (Institut Teknologi dan Bisnis Indonesia)



Article Info

Publish Date
07 Jul 2024

Abstract

This study investigates the influence of branding and labelling on the marketing strategy of fostered MSME products in Medan City. This type of research is quantitative research. The population in this study is the number of micro businesses as many as 1,590-business units or equivalent to 92.60% of the total number of fostered MSMEs in Medan City. The sample in this study uses a simple random sampling technique and totals 319 MSME actors who are the sample of this study. The results of the study show that branding has a positive and partially significant influence on the marketing strategy of MSMEs, by increasing brand recognition, consumer trust, product added value, and competitiveness in the market. Labelling has also been proven to have a positive and significant influence, helping to differentiate products from competitors, increase consumer confidence in product quality, and meet applicable regulatory standards. Simultaneously, branding and labelling together have a significant impact on the marketing strategy of MSMEs in Medan City. The implication of this study is the need to focus on managing a strong brand identity and implementing proper labeling as a strategy to increase sales, customer loyalty, and the competitiveness of MSMEs. Advice for Medan MSME players includes training and mentoring in better business strategies, based on market needs analysis, sales data, and competitor strategies to achieve sustainable growth and improve their marketing performance

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Journal Info

Abbrev

jbbe

Publisher

Subject

Economics, Econometrics & Finance

Description

Jurnal Bina Bangsa Ekonomika (JBBE) teregistrasi dengan nomor p-ISSN: 2087-040X dan e-ISSN: 2721-7213. Merupakan Jurnal yang berisi artikel-artikel ilmiah yang meliputi bidang-bidang Ekonomi, Manajemen, dan Akuntansi yang dikelola oleh Lembaga Penelitian dan Pengabdian pada Masyarakat (LP2M) ...