Developing Competitive Advantage Strategies for MSMEs: A Case Study of Aroma Khas Poncokusumo Tempe Chips in Malang Regency

This research utilizes Porter's Five Forces analysis to assess the development strategies for the competitive advantage of the Aroma Khas Poncokusumo Tempe Chip MSMEs. The primary advantages of these MSMEs are their unique fermentation process, consistent product quality, and high traditional value. Challenges such as the threat of substitute products, supplier dependency, and raw material price fluctuations require innovative approaches. Product diversification, branding enhancement, digital marketing, and customer loyalty programs are identified as effective solutions. These strategies are supported by workforce training and production optimization to ensure business sustainability. This holistic approach enables MSMEs to thrive in a competitive market and contribute to the local economy.

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Publication Details

Journal
International Journal of Business and Applied Economics
Published
2024-11-28
DOI
https://doi.org/10.55927/ijbae.v3i6.12416
Primary Topic
SMEs Development and Digital Marketing
Type
article
Field-Weighted Citation Impact
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article

Developing Competitive Advantage Strategies for MSMEs: A Case Study of Aroma Khas Poncokusumo Tempe Chips in Malang Regency

Sudarmiatin Sudarmiatin, Fariham Masula, Bima Ramadhani, Naja Jessyka Maulani Putri et al.
International Journal of Business and Applied Economics
SMEs Development and Digital Marketing
article

Developing Competitive Advantage Strategies for MSMEs: A Case Study of Aroma Khas Poncokusumo Tempe Chips in Malang Regency

Sudarmiatin Sudarmiatin, Fariham Masula, Bima Ramadhani, Naja Jessyka Maulani Putri, Zulfan Zulkarnaen Z
article en

Abstract

This research utilizes Porter's Five Forces analysis to assess the development strategies for the competitive advantage of the Aroma Khas Poncokusumo Tempe Chip MSMEs. The primary advantages of these MSMEs are their unique fermentation process, consistent product quality, and high traditional value. Challenges such as the threat of substitute products, supplier dependency, and raw material price fluctuations require innovative approaches. Product diversification, branding enhancement, digital marketing, and customer loyalty programs are identified as effective solutions. These strategies are supported by workforce training and production optimization to ensure business sustainability. This holistic approach enables MSMEs to thrive in a competitive market and contribute to the local economy.

International Journal of Business and Applied EconomicsVol. 3(6)
State University of Malang (ID)
Industry, innovation and infrastructure
Openalex Percentile: Top 58%
SMEs Development and Digital Marketing
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Developing Competitive Advantage Strategies for MSMEs: A Case Study of Aroma Khas Poncokusumo Tempe Chips in Malang Regency — Sudarmiatin Sudarmiatin, Fariham Masula, et al. · International Journal of Business and Applied Economics (2024) | TGRS Research Map | TGRS