International Journal of Applied Economics, Accounting and Management (IJAEAM)
Vol. 2 No. 3 (2024): May 2024

Revitalizing the Golden Fiber: Marketing Strategies and Economic Opportunities in Bangladesh's Jute Industry

Aurora, Sabia Khan (Unknown)
Haider, Sarder Ali (Unknown)



Article Info

Publish Date
31 May 2024

Abstract

This research seeks to shed light on the resurgence of the jute industry in Bangladesh, emphasizing its potential as a pivotal driver of the nation's economic development and its alignment with global sustainability objectives. The study further aims to map out the sector's marketing strategies, both in domestic and global contexts. Utilizing qualitative method, this research is based on the collection of primary data from interview with key industry stakeholders and observing the key points. Advanced analytical tools, including ATLAS.ti 2023, were employed to facilitate thematic and conceptual analyses, drawing connections between historical industry developments, current strategies, and future trajectories. The study delves into the prospect of Jute revitalisation and unearths the utilisation of key concepts of SWOT analysis and Ansoff matrix for the research purpose. Key findings include determining strength, weakness, opportunities, threats of the jute industry as well as strategies for value addition such as market development, market penetration, product development and diversification strategy and how to link all the concepts with practical implication

Copyrights © 2024






Journal Info

Abbrev

ijaeam

Publisher

Subject

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

Description

The mission of the International Journal of Applied Economics, Accounting and Management (IJAEAM) is to enhance the dissemination of knowledge across the Applied business, accounting and management community. The key disciplines are e-business, general management, accounting, finance, international ...