Identification of MSME product and service marketing strategies using social networking in Indonesia

Abstract

Marketing any business product is essential to do. In today's technological era, the most effective marketing is digital means, especially social networks, which are phenomenal in many circles. This study will try to identify the marketing strategy of MSME products through social networks. We searched electronically for data on literature sources, especially online marketing strategies. The data we found by searching digitally on much literature in the form of books, journal publications, and other sources. We analyzed the data with a phenomenological approach. Computational data analysis involves a comprehensive data coding system, in-depth evaluation, and interpretation to find comprehensive and valid answers. After discussing these findings, we conclude that social networks offer many marketing options through various social media platforms. MSME products can be promoted with very cheap or even free payment systems. The several strategies that we have summarized, among others, by creating a marketing blog, communicating merchandise, establishing relationships, and designing exciting content. Thus, this finding is beneficial for business, academics, and policymakers.

Understanding the challenges of the Company's HR strengthening strategy in marketing products and services during the global financial crisis

“…Customers are also more willing to put off purchases, look for cheaper alternatives, or reduce spending. Businesses should keep an eye out for these trends if consumers believe in their products (Rachmawati et al, 2022;Nurmala, 2022). Brands with trustworthiness are highly prized, and as long as they can satisfy the anxieties and requirements of customers during this crisis, they can continue to introduce new products (Gabriel & Lang, 2015).…”