Analysis Of Traditional Retail Strategies In Facing Modern Retail In Malang City
DOI:
https://doi.org/10.33474/ijeba.v2i2.22427Keywords:
traditional retail, modern retail, strategy, competitionAbstract
This analysis aims to examine the strategies carried out by traditional retailers in Malang City in facing competition with modern retailers. This research uses qualitative methods with data collection techniques through interviews, observations, and literature studies. The results show that traditional retailers in Malang City face various challenges from modern retailers, such as lower prices, greater product variety, and better service. To face these challenges, traditional retailers implement various strategies, such as: Strengthening personal service and hospitality, Offering unique and distinctive products, Building local communities and networks, Improving management efficiency and effectiveness, Utilizing information and communication technology, The government also needs to play a role in helping traditional retailers to improve their competitiveness, such as by providing training, coaching, and access to capital.
References
Alamsyah, Junaidi Sagir, Hamdani Husnan. (2021). Analysis of Traditional Retail Strategy in Facing Modern Retail in Malang City. Journal of Economics and Business: 2477-1767 https://journal.uwgm.ac.id/index.php/economica/article/viewFile/31/28
Deka, R. E., Evasoyaningrum, I. D., Pratiwi, N. D., Fransisca, D. V., Sari, H. A., Maulinda, I., & Salsabila, N. A. (2023). ANALYSIS OF BUSINESS FEASIBILITY STUDY ON SPICYPEDIA MSME DEVELOPMENT. International Journal of Entrepreneur and Business Administration, 1(1), 1-16.
Deka, R. E., Nurhajati, N., & Rachma, N. (2019). Pengaruh brand association dan brand awareness terhadap brand loyalty melalui brand trust pada start up fintech OVO. Jurnal Ilmu Manajemen (JIMMU), 4(1), 96-107.
Deka, R. E., Trianti, K., & Nuringwahyu, S. (2024, February). GENERATING MSMEs BUSINESS THROUGH PENTA HELIX AS A PROGRESSIVE ECONOMY. In The 3rd ICOMSH Volume 3, 2023.
Nurhajati, N., Rachma, N., & Deka, R. E. (2018, March). THE ROLE OF ISLAMIC ECONOMIC EDUCATION IN INDONESIAN ECONOMY. In International Conference on" Islam Nusantara, National Integrity, and World Peace" 2018.
Yenika Sri Rahayu, Bahtiar Vitanto. (2023).Traditional Market Trading Strategy Facing Competition with Modern Retail and Consumer Preferences. Business Economics , https://jimfeb.ub.ac.id/index.php/jimfeb/article/view/273
Downloads
Published
Issue
Section
License
Copyright (c) 2024 International Journal of Entrepreneur and Business Administration
This work is licensed under a Creative Commons Attribution 4.0 International License.