INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS (IJEFE)
Vol. 1 No. 11 (2025): INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS (IJEFE)

THE EFFECT OF PRICE FACTORS ON DEMAND FOR WEAVING AT HOME INDUSTRY DUA PELITA BENGKALIS

Delia Desvianti (Sekolah Tinggi Agama Islam Negeri Bengkalis, Indonesia)
Seri Wahyuni (Sekolah Tinggi Agama Islam Negeri Bengkalis, Indonesia)
Riskiyatul Hasanah (Sekolah Tinggi Agama Islam Negeri Bengkalis, Indonesia)
Nina Zakiyah (Sekolah Tinggi Agama Islam Negeri Bengkalis, Indonesia)



Article Info

Publish Date
17 Feb 2026

Abstract

Backgrounds : This research focuses on the home weaving industry, which has an important role in supporting the local economy. The uniqueness and artistic value of woven products is often the main attraction for consumers, but the price factor has now become critical in the developing market dynamics. Objectives : This research aims to investigate the effect of price on demand for woven products in the context of a home industry. Although the industry contributes to cultural preservation and job creation, fluctuations in product demand are a major challenge. This research shows a significant decline in demand for homewoven products in recent years, creating a need for a deeper understanding of the relationship between price and demand. Methods : Using quantitative methods, this research uses sample sales price and sales volume data throughout 2022 to analyze the effect of price on demand. Result and conlusions: The analysis results show that selling price has a significant influence on demand, providing strategic insight for the home weaving industry to increase their competitiveness and economic sustainability.

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Journal Info

Abbrev

IJEFE

Publisher

Subject

Economics, Econometrics & Finance

Description

INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS (IJEFE) is a scientific journal that publishes articles in the field of Business and finance that contain conceptual ideas in the fields of Economics, Accounting, Management, Business and finance. The scope is Human Resource Management, Marketing ...