Journal of Financial Management & Accounting
Vol. 2 No. 1: MARCH - AUGUST, 2025

SWOT-BASED MARKETING STRATEGY FORMULATION TO IMPROVE MICRO-ENTERPRISE COMPETITIVENESS

Aidil Purta (Unknown)
Sjukun (Unknown)
Pius Deski Manalu (Unknown)



Article Info

Publish Date
15 Mar 2025

Abstract

Micro-enterprises play a vital role in supporting the national economy, especially in creating jobs and driving the local economy. However, amidst the increasingly dynamic market competition, many micro-entrepreneurs have difficulty increasing their competitiveness, especially in terms of marketing. This study aims to formulate a relevant and applicable marketing strategy for micro-entrepreneurs, using a SWOT (Strengths, Weaknesses, Opportunities, Threats) analysis approach. The research method used is descriptive qualitative with a case study of culinary entrepreneurs in City X. Data were collected through direct observation, in-depth interviews, and documentation of business activities. The results of the study indicate that a SWOT-based strategy—which includes the SO, ST, WO, and WT approaches—can help entrepreneurs design more targeted, innovative, and adaptive marketing steps to existing challenges. Recommended strategies include marketing digitalization, improving product quality, and collaborating with communities and other entrepreneurs. This approach not only strengthens the position of micro-enterprises in competition but also provides new hope for the sustainability and growth of their businesses in the future. Keywords:marketing strategy, SWOT, competitiveness, micro business, UMKM

Copyrights © 2025






Journal Info

Abbrev

JoFIMA

Publisher

Subject

Humanities Economics, Econometrics & Finance Library & Information Science

Description

Journal of Financial Management & Accounting, published by the Trasaka Institute, Medan, Indonesia was first published on Maret, 2024 with an online number ISSN 3062-7478. (Pusat Data Dan Dokumentasi Ilmiah Lembaga Ilmu Pengetahuan Indonesia) which is an open access journal that can be used as a ...