Analysis of Marketing Strategy Formulation in PT XYZ Using IFE, EFE, IE, and Space Methods

Corporate strategy is essential in dealing with global changes. PT XYZ is an international-scale company that requires the right strategy especially in marketing its products. Using the matrix analysis method IFE, EFE, IE, and SPACE by obtaining data based on interviews with one person who is influential in making decisions in the company, the company's internal factors and external factors that influence company performance are obtained. The results of this study are based on the IFE matrix the company has eight strength variables and two weakness variables, based on the EFE matrix the company has six opportunity variables and four threat variables, based on the IE matrix the company can take advantage of existing opportunities, and based on the SPACE matrix the company is in stable condition and has a role in the market.

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Publication Details

Journal
INCOME Innovation of Economics and Management
Published
2024-08-21
DOI
https://doi.org/10.32764/income.v2i3.5020
Primary Topic
SMEs Development and Digital Marketing
Type
article
Field-Weighted Citation Impact
0.00
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article

Analysis of Marketing Strategy Formulation in PT XYZ Using IFE, EFE, IE, and Space Methods

Nanang Alamsyah, Kolose Saputra
INCOME Innovation of Economics and Management
SMEs Development and Digital Marketing
article

Analysis of Marketing Strategy Formulation in PT XYZ Using IFE, EFE, IE, and Space Methods

Nanang Alamsyah, Kolose Saputra
article en

Abstract

Corporate strategy is essential in dealing with global changes. PT XYZ is an international-scale company that requires the right strategy especially in marketing its products. Using the matrix analysis method IFE, EFE, IE, and SPACE by obtaining data based on interviews with one person who is influential in making decisions in the company, the company's internal factors and external factors that influence company performance are obtained. The results of this study are based on the IFE matrix the company has eight strength variables and two weakness variables, based on the EFE matrix the company has six opportunity variables and four threat variables, based on the IE matrix the company can take advantage of existing opportunities, and based on the SPACE matrix the company is in stable condition and has a role in the market.

INCOME Innovation of Economics and ManagementVol. 2(3)
University of Pembangunan Nasional Veteran Jawa Timur (ID), Universitas Pembangunan Nasional Veteran Yogyakarta (ID), Universitas Pembangunan Nasional Veteran Jakarta (ID)
Partnerships for the goals
Openalex Percentile: Top 74%
SMEs Development and Digital Marketing
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Analysis of Marketing Strategy Formulation in PT XYZ Using IFE, EFE, IE, and Space Methods — Nanang Alamsyah, Kolose Saputra · INCOME Innovation of Economics and Management (2024) | TGRS Research Map | TGRS