The Resilience of MSMEs During COVID-19 Pandemic: An Analysis Using Philip Kotler's Approach

Authors

  • Neng Zulfa Azhar Universitas Islam Internasional Indonesia
  • Meilia Sri Rahayu Management and Science University

DOI:

https://doi.org/10.47134/jobm.v2i2.22

Keywords:

MSMEs, Covid-19 pandemic, Bittersweet, Advertising

Abstract

This study explores the impact of the Covid-19 pandemic on the business continuity of micro, small, and medium-sized enterprises (MSMEs), specifically within the food sector. The research adopts a case study approach, analyzing how Bittersweet strategically used advertising during the crisis. The findings highlight the crucial role of advertising techniques in influencing consumer behavior, showing how effective promotional strategies can lead to sustained business growth during difficult times. By aligning promotional activities with changing consumer needs, Bittersweet strengthened its marketing efforts, enhancing customer loyalty and brand visibility. It suggests that MSMEs should focus on leveraging digital platforms to reach broader audiences and enhance customer engagement, especially during uncertain times. The success of Bittersweet demonstrates the potential for MSMEs to not only survive but thrive through strategic marketing adaptation, ensuring long-term resilience in the face of future challenges.

References

Alamsyah, D. P., Indriana, Ratnapuri, C. I., Aryanto, R., & Othman, N. A. (2021). Digital Marketing: Implementation of Digital Advertising Preference To Support Brand Awareness. Academy of Strategic Management Journal, 20(Special Issue 2), 1–11.

Anastasya, A. (2022). Usaha Mikro, Kecil, dan Menengah (UMKM). UKMIndonesia.Id. https://ukmindonesia.id/baca-deskripsi-posts/usaha-mikro-kecil-dan-menengah-umkm

Catriana, E. (2021). Kisah Bittersweet by Najla, dari Hobi hingga Punya Banyak Reseller. Kompas.Com. https://money.kompas.com/read/2021/06/19/171400326/kisah-bittersweet-by-najla-dari-hobi-hingga-punya-banyak-reseller?page=all

Che Omar, A. R., Ishak, S., & Jusoh, M. A. (2020). The impact of Covid-19 Movement Control Order on SMEs’ businesses and survival strategies. Malaysian Journal of Society and Space, 16(2), 139–150. https://doi.org/10.17576/geo-2020-1602-11

Citradi, T. (2020). Ribuan Restoran di Jakarta Gulung Tikar, Ini Potret Suramnya. CNBC Indonesia. https://www.cnbcindonesia.com/news/20201119153455-4-203125/ribuan-restoran-di-jakarta-gulung-tikar-ini-potret-suramnya/1

Ekaputri, H. E., Nurfadilah, F. A., Rafsanzani, F., & Santy, R. D. (2021). The Effect of Creative Content to Increase Brand Awareness: Information Technology-Based Marketing Strategies. International Journal of Research and Applied Technology, 1(2), 410–423. https://doi.org/10.34010/injuratech.v1i2.6771

Leonid Julivan, R. (2004). Efektivitas Penggunaan Celebrity Endorser Wanita Indonesia 2004. Modernisasi, 2(1), 1–19.

Lutfi, M., Buntuang, P. C. D., Kornelius, Y., Erdiyansyah, & Hasanuddin, B. (2020). The impact of social distancing policy on small and medium-sized enterprises (SMEs) in Indonesia. Problems and Perspectives in Management, 18(3), 492–503. https://doi.org/10.21511/ppm.18(3).2020.40

Mujianto, M., Ramaditya, M., Mustika, M., Tanuraharjo, H. H., & Maronrong, R. (2022). Dampak Pandemi Covid-19 pada UMKM Warung Ritel Tradisional di Indonesia dan Strategi Bertahannya. Jurnal STEI Ekonomi, 30(02), 60–74. https://doi.org/10.36406/jemi.v30i02.494

Nichifor, B. (2014). Theoretical Framework of Advertising - Some Insights. Studies and Scientific Researches. Economics Edition, 19. https://doi.org/10.29358/sceco.v0i19.260

Rambe, P., & Jafeta, R. J. (2017). Impact of social media advertising on high energy drink preferences and consumption. Journal of Applied Business Research, 33(4), 653–668. https://doi.org/10.19030/jabr.v33i4.9977

Rosita, R. (2020). Pengaruh Pandemi Covid-19 Terhadap Umkm Di Indonesia. Jurnal Lentera Bisnis, 9(2), 109. https://doi.org/10.34127/jrlab.v9i2.380

Sonobe, T., Takeda, A., Yoshida, S., & Truong, H. T. (2021). The Impacts of the COVID-19 Pandemic on Micro, Small, and Medium Enterprises in Asia and Their Digitalization Responses. In SSRN Electronic Journal (Issue 1241). https://doi.org/10.2139/ssrn.3912355

Stelzner, M. (2020). 2020 Social Media Marketing Industry Report. Social Media Examiner.

Wijaya, C. (2020). PSBB Jakarta mulai 10 April selama dua minggu, namun pakar menyebut hasil efektif satu bulan untuk tekan Covid-19. BBC News Indonesia. https://www.bbc.com/indonesia/indonesia-52194441

Downloads

Published

2024-12-12

How to Cite

Azhar, N. Z., & Rahayu, M. S. (2024). The Resilience of MSMEs During COVID-19 Pandemic: An Analysis Using Philip Kotler’s Approach. Journal of Business Management, 2(2), 43–50. https://doi.org/10.47134/jobm.v2i2.22