JER
Vol. 7 No. 2 (2024): September - February

Analysis of New Product Marketing Strategy Using the STP Approach (Segmentation, Targeting, Positioning)

Parenden, Adrianus (Unknown)
Junaidin , Junaidin (Unknown)



Article Info

Publish Date
18 Dec 2024

Abstract

This study aims to analyze the marketing strategy of a new product using the STP (Segmentation, Targeting, and Positioning) approach. In an increasingly dynamic and competitive market, understanding consumer diversity and behavior is crucial for the successful introduction of new products. The STP framework offers a systematic method for identifying specific market segments, selecting the most appropriate target markets, and formulating effective positioning strategies. Using a qualitative-descriptive method, this research examines the implementation of STP in the marketing strategy of a selected company launching a new product. Data were collected through interviews, documentation, and analysis of marketing materials. The findings reveal that accurate market segmentation, strategic targeting, and clear positioning significantly influence consumer perception and product acceptance in the market. The study highlights the importance of aligning marketing messages and product value propositions with the characteristics and needs of the target audience. This research contributes to the understanding of how STP can be effectively applied in practice and provides recommendations for marketers in developing customer-oriented strategies to enhance competitiveness and market success.

Copyrights © 2024






Journal Info
JER

Abbrev

JER

Publisher

Subject

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

Description

Jurnal Economic Resource_(JER) is open access. This journal is published in _ March & September. Journal of Economic Resources|e-ISSN 2620-6196] is a peer-reviewed journal published twice a year (March & September) by the Faculty of Economics and Business, Universitas Muslim Indonesia_UMI. Journal ...