How Does the Implementation of Social Entrepreneurship Business-to-Business Marketing Strategy?

Retnaningsih Retnaningsih, Melani Sukma Yuridis, Febriantina Dewi

Abstract

XYZ as a social entrepreneur in Bogor, produces handicrafts from newspapers to raise public awareness of environmental and social issues. This study aims to identify the marketing mix applied by XYZ, analyze customer perceptions of the marketing mix, and formulate recommendations for XYZ's marketing mix 4.0 to increase demand for newspaper craft products. Convenience sampling was used, and descriptive data analysis was performed. The respondents included three internal company representatives, 13 customers, and 12 prospective customers. According to the research findings, XYZ successfully implemented a 4P marketing mix strategy that covered product, price, place/distribution, and promotion. XYZ's marketing strategy in these areas has been rated highly in the excellent category of product (100%), price (85%), place/distribution (77%), and promotion (92%). However, the research also suggests that a company could enhance its marketing tactics by adopting the 4C marketing mix (co-creation, currency, communal activation, and conversation) based on insights gathered from customers and potential customers to better cater to the market's needs.

References

Alipour, M., Pour, B. M., & Darbahaniha, A. (2018). The effects of the 7P marketing mix components on sporting goods customer satisfaction. International Journal of Business and Management Invention, 7(1), 20-26.
Armstrong, G., & Kotler, P. (2017). Principle of Marketing 7th European Edition. Harlow (UK): Pearson.
Asraf, M., Lubis, S., Mantauv, C. S., & Endang. (2018). West Pasaman community response to new variant car products. REKAMAN, 2(1), 39-56. Retrieved from https://onesearch.id/Record/IOS5539.article-54?widget=1
Central Bureau of Statistics. (2018). Indonesia Environment Statistics 2018. Jakarta (ID): BPS.
Cukier, W., Trenholm, S., Carl, D., & Gekas, G. (2011). Social entrepreneurship: A content analysis. Journal of Strategic Innovation and Sustainability, 7(1), 99-119.
Deloitte, I. (2018). Deloitte's 2018 Global Human Capital Trends. Birmingham (UK): Deloitte Development.
Dwianto, A. S. (2018). Social Entrepreneurship: innovation and its challenges in the era of free competition. BIJAK, 15(1), 68-76. https://doi.org/10.31334/bijak.v15i1.133
Firdaus, N. (2014). Poverty Alleviation through Social Entrepreneurship Approach. Jurnal Ekonomi Pembangunan, 22(1), 55-67. doi:10.14203/JEP.22.1.2014.69-81.
Haryanti, D. M., Hati, S. R. H., Wirastuti, A., & Susanto, K. (2015). Dare to be a Social Entrepreneur? Building Solutions to Social Problems Independently and Sustainably. Depok (ID): DBS Foundation.
Hawkins, D. I., Mothersbaugh, D. L. (2013). Consumer Behavior Building Marketing Strategy. New York (US): McGraw-Hill.
Hutt, M. D., Speh, T. W. (2010). Business Marketing Management B-TO-B. Boston (US): Cengage Learning.
Janiszweska, K. (2013). The strategic importance of consumer insight in defining place brand identity and positioning. Journal of International Studies, 6(2), 9-19. https://doi.org/10.14254/2071-8330.2013/6-2/1
Kartajaya, H., Kotler, P., & Setiawan, I. (2016). Marketing 4.0: moving from Traditional to Digital. Hoboken, NJ: John Wiley & Sons.
Kotler, P., & Armstrong, G. (1994). Marketing Management, Analysis, Planning, Implementation, and Control, Philip Kotler. London (UK): Prentice-Hall International.
Kotler, P., & Keller, K. L. (2009). Manajemen Pemasaran Edisi 13 Jilid. Jakarta (ID): Erlangga
Kotler, P., & Keller, K. L. (2016). Marketing Management. Harlow (UK): Pearson.
Lindawati, L. (2018). The power of stories in social business. Jurnal Studi Pemuda, 7(2), 100-110. https://doi.org/10.22146/studipemudaugm.39643
Maulinda, K. (2019). Proses pengembangan social enterprise agriculture: studi biografi pada agradaya. Jurnal Studi Pemuda, 7(2), 133-146. https://doi.org/10.22146/studipemudaugm.40114
Ministry of Environment and Forestry. (2018). Waste Management and Climate Change. Jakarta (ID): PSLB3 KLHK.
Murpraptomo, S. H., Yuliati, L. N., & Sartono, B. (2019). The influence of marketing mix, perceived risk, and satisfaction on word of mouth in XYZ Clinic. Journal of Consumer Sciences, 4(1), 13-24. https://doi.org/10.29244/jcs.4.1.13-24
Nosika, E., Rukmi, H. S., Yuniar. (2016). Proposed marketing strategy for Honey Donut products based on consumer preferences and perceptions. Jurnal Itenas, 4(2), 80-90. Retrieved from https://ejurnal.itenas.ac.id/index.php/rekaintegra/article/view/1091
Pittz, T. G., Madden, L. T., & Mayo, D. (2017). Catalyzing social innovation: leveraging compassion and open strategy in social entrepreneurship. New England Journal of Entrepreneurship, 20(2), 37-52. https://doi.org/10.1108/NEJE-20-02-2017-B003
Prasetyo, B., Trisyanti, D. (2018). Industrial Revolution 4.0 and the Challenge of Social Change. In: Prasetyo B, Trisyanti D, editors. Prosiding SEMATEKSOS 3. Surabaya (ID): Institut Teknologi Sepuluh Nopember. 22-27
Putri, A., Wibawa, B. M., & Persada, S. F. (2017). Descriptive analysis and cross-tabulation on luxury brand category cosmetic product consumers: a case study of 6 Universities in Surabaya City. Jurnal Sains dan Seni, 6(2), 260-264.
Robbins, S. P., & Judge, T. A. (2013). Organizational Behaviour. Bergen (US): Pearson.
Ryu, J. S., Fortenberry, S., & Warrington, P. (2023). Understanding omnichannel shopping behaviors: incorporating channel integration into the theory of reasoned action. Journal of Consumer Sciences, 8(1), 15-26. https://doi.org/10.29244/jcs.8.1.15-26
Sangadji, S., Suhardi, S., & Ali, C. P. M. (2019). Pengaruh Bauran Pemasaran terhadap Keputusan Pembelian Sagu Rasa pada Gabungan Kelompok Tani Tagafura di Kelurahan Jaya Kota Tidore Kepulauan. Optimal: Jurnal Ekonomi dan Kewirausahaan, 13(2), 142-157. https://doi.org/10.31219/osf.io/3wup4
Sekaran, U., Bougie, R. (2013). Research Methods for Business. Chichester (UK): J Wiley.
Setiawan, T. F., Suharjo, B., & Syamsun, M. (2018). Online marketing strategy of food MSMEs (Case study in Cibinong sub-district). MANAJEMEN IKM: Jurnal Manajemen Pengembangan Industri Kecil Menengah, 13(2), 116-126. https://doi.org/10.29244/mikm.13.2.116-126
Sofia, I. P. (2015). Social entrepreneurship model construction is an idea of social innovation for economic development. Widyakala, 2(2), 2-23. https://doi.org/10.36262/widyakala.v2i1.7
Suhardi, G. (2019). National Waste 170 Thousand Tons/Day. Media Indonesia. https://Mediaindonesia.Com/Read/Detail/26590-Sampah-Nasional-170-Ribu-Ton-Hari.
Sumarwan, U., Puspitawati, H., Hariadi, A., Ali, M. M., Gazali, M., Hartno, S., Farina, T. (2013). Marketing and Consumer Research. Bogor (ID): IPB Press.
Suryani, S. (2013). Analysis of marketing mix factors that affect customer satisfaction to create positive word of mouth at PT. Bank Muamalat Indonesia, Tbk Medan branch. INFERENSI: Jurnal Penelitian Sosial Keagamaan, 7(1), 143-162. https://doi.org/10.18326/infsl3.v7i1.143-162
Suryaningsih, G. (2018). Analysis of customer satisfaction and loyalty to newspaper craft products XYZ. Bogor (ID): Institut Pertanian Bogor.
[UN] United Nations. (2015). Transforming Our World: The 2030 Agenda for Sustainable Development. New York (US): UN General Assembly.
Utomo, H. (2014). Cultivate an interest in social entrepreneurship. Among Makarti, 7(2), 1-16. http://dx.doi.org/10.52353/ama.v7i2.99
Wahyono, S. (2001). Paper waste management in Indonesia. Jurnal Teknologi Lingkungan, 2(3), 276-280. doi:10.29122/jtl.v2i3.223.

Authors

Retnaningsih Retnaningsih
retno_ikk@apps.ipb.ac.id (Primary Contact)
Melani Sukma Yuridis
Febriantina Dewi
Retnaningsih R., Yuridis M. S., & Dewi F. (2023). How Does the Implementation of Social Entrepreneurship Business-to-Business Marketing Strategy?. Journal of Consumer Sciences, 8(3), 318-339. https://doi.org/10.29244/jcs.8.3.318-339

Article Details

The Role of 7P Marketing Mix toward Consumer Satisfaction and Loyalty of XYZ Beauty Clinic

Ade Agusti Alwinie, Popong Nurhayati, Bagus Sartono
Abstract View : 679
Download :663

Perception on Acceptability of Nigerian Females on Beaded Jewellery Empowerment for Entrepreneurial Development

Taibat Tunrayo Adebisi, Oluwafeyikemi Edith Bashorun, Shakirat Odunayo Abdulkadir , Banke...
Abstract View : 729
Download :734

The Influence of Marketing Mix, Perceived Risk, and Satisfaction on Word of Mouth in XYZ Clinic

Saka Haditya Murpraptomo, Lilik Noor Yuliati, Bagus Sartono
Abstract View : 1735
Download :1049

The Effect of Marketing Mix On “KPR Xtra Bebas” Decision Making in Bank X Regional I

Kevin Michael Arthur, Alla Asmara, Megawati Simanjuntak
Abstract View : 1593
Download :1486