Title : Proposed Marketing Strategy to Increase Sales (Study Case: Ouromatica Fragrance)

Vol 6 No 7 (2023): Volume 06 Issue 07 July 2023

Article Date Published : 7 July 2023 | Page No.: 4109-4117 | Google Scholar | Crossref doi for this article

Abstract :

Nowadays, Indonesian local brands are expanding quickly and the quality of the products is able to compete with other worldrenowned brands. Most local brands have their own uniqueness and variety of choices that differentiate one from another. One of the local products that is currently on the rise is perfume. The emergence of new local brand perfumes also resulted in fierce competition for entrepreneurs to create and develop new fragrances in order to attract the market. Ouromatica Fragrance is a new unisex local brand perfume that was established in 2022 and as a newcomer, Ouromatica Fragrance is experiencing a problem in the sales performance. According to the internal data of sales performance, it shows that Ouromatica Fragrance has not reached its target sales from December 2022 to March 2023. The purpose of this research is to identify the marketing strategy that can be used by Ouromatica Fragrance in order to increase sales. In this research, the author uses the external and internal analysis. For the external analysis, it uses PESTEL analysis, Competitor analysis, and Customer analysis. As for the internal analysis, this research uses Resource-Based View (RBV) and Porter’s Value Chain. After analyzing the external and internal factors of Ouromatica Fragrance, the author uses SWOT analysis to evaluate the company and then proceeds to conduct an analysis for the business solution using STP (Segmenting, Targeting, and Position), Marketing Mix 4P and proposed a marketing program using the AIDA model to help to turn the potential customers into buyers of Ouromatica Fragrance through social media.

Keywords :

AIDA, Local Brand, Marketing Mix, perfume, STP, SWOT analysis

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How to Cite :

Proposed Marketing Strategy to Increase Sales (Study Case: Ouromatica Fragrance). Sekar Putri Ramadani, Isti Raafaldini Mirzanti, Rossy Sjarifah Sjarif , 6(7), 4109-4117. Retrieved from https://ijcsrr.org/single-view/?id=11184&pid=11006

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