Value Chain Strategy in Marketing: Turning Challenges into Opportunities in the Digital Age

The digital era brings significant changes in the marketing landscape, requiring companies to adapt quickly to technological dynamics and changes in consumer behavior. This article aims to analyze the application of Value Chain Strategy in marketing and identify how this strategy can help companies turn challenges into opportunities in the digital era. This research uses a literature study approach by collecting and analyzing information from various relevant sources regarding the application of Value Chain Strategy and the challenges faced by companies in the digital era. The results show that companies that are successful in implementing Value Chain Strategy have integrated digital technologies, such as the Internet of Things (IoT), artificial intelligence (AI), and big data analytics, into every stage of the value chain. This helps increase efficiency, improve product quality, and strengthen relationships with suppliers and customers. However, challenges such as the need for adequate technology infrastructure, digital skills gaps, and resistance to change still need to be overcome. The implications of this study emphasize the need for companies to undertake comprehensive strategic change. Companies should invest in technological infrastructure and improve the digital skills of the workforce.

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Publication Details

Journal
Dinasti International Journal of Education Management And Social Science
Published
2024-12-10
DOI
https://doi.org/10.38035/dijemss.v6i2.3664
Primary Topic
Entrepreneurship Studies and Influences
Type
article
Field-Weighted Citation Impact
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article

Value Chain Strategy in Marketing: Turning Challenges into Opportunities in the Digital Age

Heny Hendrayati, Agus Rahayu, Alwinda Manao
Dinasti International Journal of Education Management And Social Science
Entrepreneurship Studies and Influences
article

Value Chain Strategy in Marketing: Turning Challenges into Opportunities in the Digital Age

Heny Hendrayati, Agus Rahayu, Alwinda Manao
article en

Abstract

The digital era brings significant changes in the marketing landscape, requiring companies to adapt quickly to technological dynamics and changes in consumer behavior. This article aims to analyze the application of Value Chain Strategy in marketing and identify how this strategy can help companies turn challenges into opportunities in the digital era. This research uses a literature study approach by collecting and analyzing information from various relevant sources regarding the application of Value Chain Strategy and the challenges faced by companies in the digital era. The results show that companies that are successful in implementing Value Chain Strategy have integrated digital technologies, such as the Internet of Things (IoT), artificial intelligence (AI), and big data analytics, into every stage of the value chain. This helps increase efficiency, improve product quality, and strengthen relationships with suppliers and customers. However, challenges such as the need for adequate technology infrastructure, digital skills gaps, and resistance to change still need to be overcome. The implications of this study emphasize the need for companies to undertake comprehensive strategic change. Companies should invest in technological infrastructure and improve the digital skills of the workforce.

Dinasti International Journal of Education Management And Social ScienceVol. 6(2)
Indonesia University of Education (ID)
Openalex Percentile: Top 56%
Entrepreneurship Studies and Influences
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