Digital Innovation for Seafood Market Expansion: Economic Analysis of Value-Added Products in Pulau Ketam

This research investigates the economic potential of market expansion through digital innovation for value-added seafood and herbal products from Pulau Ketam. The study employs a mixed-method approach combining quantitative market analysis and qualitative stakeholder interviews to assess the viability of digital transformation strategies. The research examines current market conditions, digital adoption barriers, and potential economic benefits of implementing innovative technologies in seafood processing and marketing. Results indicate significant opportunities for revenue growth through e-commerce platforms, digital marketing, and value-added product development. The findings reveal that strategic digital innovation can increase market reach by 40-60% and enhance product value by 25-35%. The study concludes that systematic digital transformation, supported by appropriate infrastructure and training programs, can substantially improve the economic sustainability of Pulau Ketam's seafood industry. These findings have important implications for policy makers and industry stakeholders in developing coastal economies through technology-driven market expansion strategies.

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Publication Details

Journal
International Journal of Management Economic and Accounting
Published
2025-09-28
DOI
https://doi.org/10.61306/ijmea.v3i5.632
Primary Topic
SMEs Development and Digital Marketing
Type
article
Field-Weighted Citation Impact
0.00
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article

Digital Innovation for Seafood Market Expansion: Economic Analysis of Value-Added Products in Pulau Ketam

Annisa Ilmi Faried, Ginting Olivia Deslovita Br, Dian Septiana Sari, T. Husain
International Journal of Management Economic and Accounting
SMEs Development and Digital Marketing
article

Digital Innovation for Seafood Market Expansion: Economic Analysis of Value-Added Products in Pulau Ketam

Annisa Ilmi Faried, Ginting Olivia Deslovita Br, Dian Septiana Sari, T. Husain
article en

Abstract

This research investigates the economic potential of market expansion through digital innovation for value-added seafood and herbal products from Pulau Ketam. The study employs a mixed-method approach combining quantitative market analysis and qualitative stakeholder interviews to assess the viability of digital transformation strategies. The research examines current market conditions, digital adoption barriers, and potential economic benefits of implementing innovative technologies in seafood processing and marketing. Results indicate significant opportunities for revenue growth through e-commerce platforms, digital marketing, and value-added product development. The findings reveal that strategic digital innovation can increase market reach by 40-60% and enhance product value by 25-35%. The study concludes that systematic digital transformation, supported by appropriate infrastructure and training programs, can substantially improve the economic sustainability of Pulau Ketam's seafood industry. These findings have important implications for policy makers and industry stakeholders in developing coastal economies through technology-driven market expansion strategies.

International Journal of Management Economic and AccountingVol. 3(5)
Politeknik Tuanku Syed Sirajuddin (MY), Universitas Pembangunan Panca Budi Medan (ID)
Openalex Percentile: Top 54%
SMEs Development and Digital Marketing
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Digital Innovation for Seafood Market Expansion: Economic Analysis of Value-Added Products in Pulau Ketam — Annisa Ilmi Faried, Ginting Olivia Deslovita Br, et al. · International Journal of Management Economic and Accounting (2025) | TGRS Research Map | TGRS