Analysis of the Impact of Digital Marketing Strategy on the Growth of Startup Businesses in Indonesia

This study investigates the impact of digital marketing strategies on the growth of startup businesses in Indonesia, utilizing a mixed-method approach combining both qualitative and quantitative data. Qualitative data were collected through in-depth interviews and case studies, while quantitative data were gathered through surveys from 150 startups across various sectors. The results show that Search Engine Optimization (SEO) is the most effective strategy, with a 72% correlation to revenue growth and a 68% correlation to customer acquisition. Social media marketing had a 60% correlation with revenue growth and a 55% correlation with customer acquisition, indicating its positive, though slightly weaker, impact compared to SEO. Paid advertising showed a 58% correlation with revenue growth and a 60% correlation with customer acquisition, suggesting it plays a role, but with a lower impact than SEO and social media marketing. A multiple regression analysis confirmed that all three strategies—SEO, social media, and paid advertising—significantly predict revenue growth, with SEO being the strongest predictor (? = 0.35, p < 0.01). The study emphasizes that startups employing a combination of these digital marketing strategies experienced higher overall growth, suggesting that an integrated approach is key to maximizing business success. These findings provide valuable insights for startup owners and marketers to optimize their strategies in a competitive digital landscape.

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Publication Details

Journal
Greenation International Journal of Economics and Accounting
Published
2025-06-28
DOI
https://doi.org/10.38035/gijea.v2i4.438
Primary Topic
SMEs Development and Digital Marketing
Type
article
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article

Analysis of the Impact of Digital Marketing Strategy on the Growth of Startup Businesses in Indonesia

Ekaterina Ivanova, Ridwan Ridwan
Greenation International Journal of Economics and Accounting
SMEs Development and Digital Marketing
article

Analysis of the Impact of Digital Marketing Strategy on the Growth of Startup Businesses in Indonesia

Ekaterina Ivanova, Ridwan Ridwan
article en

Abstract

This study investigates the impact of digital marketing strategies on the growth of startup businesses in Indonesia, utilizing a mixed-method approach combining both qualitative and quantitative data. Qualitative data were collected through in-depth interviews and case studies, while quantitative data were gathered through surveys from 150 startups across various sectors. The results show that Search Engine Optimization (SEO) is the most effective strategy, with a 72% correlation to revenue growth and a 68% correlation to customer acquisition. Social media marketing had a 60% correlation with revenue growth and a 55% correlation with customer acquisition, indicating its positive, though slightly weaker, impact compared to SEO. Paid advertising showed a 58% correlation with revenue growth and a 60% correlation with customer acquisition, suggesting it plays a role, but with a lower impact than SEO and social media marketing. A multiple regression analysis confirmed that all three strategies—SEO, social media, and paid advertising—significantly predict revenue growth, with SEO being the strongest predictor (? = 0.35, p < 0.01). The study emphasizes that startups employing a combination of these digital marketing strategies experienced higher overall growth, suggesting that an integrated approach is key to maximizing business success. These findings provide valuable insights for startup owners and marketers to optimize their strategies in a competitive digital landscape.

Greenation International Journal of Economics and AccountingVol. 2(4)
Institut Bisnis Nusantara (ID), Moscow School of Social and Economic Sciences (RU), Institut Teknologi dan Bisnis Kalbe (ID)
Openalex Percentile: Top 62%
SMEs Development and Digital Marketing
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Analysis of the Impact of Digital Marketing Strategy on the Growth of Startup Businesses in Indonesia — Ekaterina Ivanova, Ridwan Ridwan · Greenation International Journal of Economics and Accounting (2025) | TGRS Research Map | TGRS