Paradoks : Jurnal Ilmu Ekonomi
Vol. 7 No. 4 (2024): Agustus - Oktober

Proposed Business Strategy to Increase Competitiveness of Genta Guitar

Farras, Muhammad Ramzy (Unknown)



Article Info

Publish Date
02 Dec 2024

Abstract

This study aims to develop a business strategy for Genta Guitar to enhance its competitiveness in Indonesia’s rapidly growing guitar market. Employing internal and external analysis tools, including Value Chain Analysis, VRIO, PESTEL, and Porter’s Five Forces, the research identifies strategic gaps affecting Genta Guitar’s sales performance. By synthesizing findings into a SWOT analysis and refining strategies using the TOWS Matrix, this paper proposes actionable recommendations. The results highlight the need for improved brand recognition, optimized distribution channels, and tailored marketing strategies. Implementation of these strategies can close existing gaps, enhance competitiveness, and drive sustainable growth in the local market.

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Journal Info

Abbrev

PARADOKS

Publisher

Subject

Social Sciences

Description

Jurnal ini memuat tulisan ilmiah dalam bentuk hasil penelitian, kajian teori dan aplikasi teori, gagasan konseptual, resensi buku baru dan bibliografi. Tulisan-tulisan yang dimuat telah melalui proses penyuntingan seperlunya oleh penerbit dengan tanpa mengubah substansi sesuai naskah aslinya. ...