Siber International Journal of Digital Business
Vol. 2 No. 1 (2024): (SIJDB) Siber International Journal of Digital Business (July - September 2024)

SWOT Analysis for Determining Marketing Strategies for Oyster Mushroom Randang in Payakumbuh City

Hendrayani, Eka (Unknown)
Havidz Aima, M. (Unknown)



Article Info

Publish Date
12 Jul 2024

Abstract

The aim of this study is to explore alternative superior marketing strategies and to make informed decisions for the company by utilizing the SWOT analysis method (Strengths, Weaknesses, Opportunities, Threats) in the Payakumbuh oyster mushroom randang business. The SWOT analysis is conducted using the IFE (Internal Factor Evaluation) matrix, which identifies the company's strengths and weaknesses, and the EFE (External Factor Evaluation) matrix, which highlights the company's opportunities and threats. Additionally, the IE (Internal-External) matrix reveals the company's current position. Data collected is analyzed using SWOT analysis to identify the strengths, weaknesses, opportunities, and threats of the company’s marketing strategy. The study results, as shown by the Cartesian diagram, place the company in Quadrant I, indicating an aggressive stance which is highly advantageous. The company can leverage its strengths to exploit existing opportunities.

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Journal Info

Abbrev

SIJDB

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

iber International Journal of Digital Business (SIJDB) is a scientific research journal on science and technology in digital business management, managed and published by Siber Nusantara Review & Yayasan Sinergi Inovasi Bersama (SIBER). SIJDB contains articles that contribute to the understanding, ...