Strategic Decision-Making in Proposing a New Marketing Strategy for ORCA Powergear Using TOWS-AHP

This paper is aimed at analyzing and developing a new market strategy for ORCA Powergear with the TOWS matrix and AHP.According to the analysis done, the top-ranked criterion can be explained by Market Expansion with a score of 0.63.As per the AHP analysis, the top-priority strategy that emerged was WO1, which spoke to expanding international market penetration through strategic collaborations.Through its association with international athletes and brands, and participation in global motocross events, ORCA Powergear builds better visibility and a reputation in new markets.Therefore, the plan enhances the weakness-the limited reach of the international market-by capitalizing on opportunities for strategic collaborations that help gain valuable insights into international consumer preferences.Implementing this strategy is expected to increase market exposure, enhance competitiveness, and drive significant company growth.The findings highlight the importance of market expansion and strategic collaborations for the growth and development of ORCA Powergear.

Publication Details

Journal
International Research Journal of Economics and Management Studies
Published
2024-08-30
DOI
https://doi.org/10.56472/25835238/irjems-v3i8p128
Primary Topic
Maritime Transport Emissions and Efficiency
Type
article
Field-Weighted Citation Impact
0.00
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article

Strategic Decision-Making in Proposing a New Marketing Strategy for ORCA Powergear Using TOWS-AHP

International Research Journal of Economics and Management Studies
Maritime Transport Emissions and Efficiency
article

Strategic Decision-Making in Proposing a New Marketing Strategy for ORCA Powergear Using TOWS-AHP

article en

Abstract

This paper is aimed at analyzing and developing a new market strategy for ORCA Powergear with the TOWS matrix and AHP.According to the analysis done, the top-ranked criterion can be explained by Market Expansion with a score of 0.63.As per the AHP analysis, the top-priority strategy that emerged was WO1, which spoke to expanding international market penetration through strategic collaborations.Through its association with international athletes and brands, and participation in global motocross events, ORCA Powergear builds better visibility and a reputation in new markets.Therefore, the plan enhances the weakness-the limited reach of the international market-by capitalizing on opportunities for strategic collaborations that help gain valuable insights into international consumer preferences.Implementing this strategy is expected to increase market exposure, enhance competitiveness, and drive significant company growth.The findings highlight the importance of market expansion and strategic collaborations for the growth and development of ORCA Powergear.

International Research Journal of Economics and Management StudiesVol. 3(8)
Openalex Percentile: Top 75%
Maritime Transport Emissions and Efficiency
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Strategic Decision-Making in Proposing a New Marketing Strategy for ORCA Powergear Using TOWS-AHP · International Research Journal of Economics and Management Studies (2024) | TGRS Research Map | TGRS