Determining Marketing Strategy At LPP TVRI Riau Using SWOT Analysis Method
DOI:
https://doi.org/10.37385/jaets.v3i1.276Keywords:
Marketing Strategy, SWOT Analysis, IFAS, EFASAbstract
The purpose of this study was to use the SWOT approach to assess LPP TVRI Riau's marketing strategy. The focus of this research is to figure out internal and external factors in the SWOT analysis. This study used descriptive quantitative method. Sampling was performed by using probability sampling method with a total of 400 respondents from 6,394,087 populations from Riau Province. The questionnaire was designed by determining the level of importance and assessing the current conditions. Based on the results of the SWOT compilation, there are 5 strengths, 5 weaknesses, 4 opportunities, and 5 threats. Furthermore, weighting, rating, and scores are carried out at the IFAS and EFAS stages, for the weighting assessment carried out on the company side. The company's position is in quadrant II, which means that the company has more dominant strengths and threats, so that the company should support the diversification strategy policy. So that the SWOT matrix mapping can be done to produce four strategic policy alternatives, namely SO, ST, WO, WT.
Downloads
References
Akdu, U. (2020). Smart Tourism: Issues, Challenges and Opportunities. In The Emerald Handbook of ICT in Tourism and Hospitality. Emerald Publishing Limited.
Blanco-Gutiérrez, I., Varela-Ortega, C., & Manners, R. (2020). Evaluating animal-based foods and plant-based alternatives using multi-criteria and SWOT analyses. International Journal of Environmental Research and Public Health, 17(21), 7969.
Bonfante, M. C., Raspini, J. P., Fernandes, I. B., Fernandes, S., Campos, L. M., & Alarcon, O. E. (2021). Achieving Sustainable Development Goals in rare earth magnets production: A review on state of the art and SWOT analysis. Renewable and Sustainable Energy Reviews, 137, 110616.
Duli?, J., Ljubojevi?, M., Savi?, D., Ognjanov, V., Duli?, T., Bara?, G., & Milovi?, M. (2020). Implementation of SWOT analysis to evaluate conservation necessity and utilization of natural wealth: terrestrial orchids as a case study. Journal of Environmental Planning and Management, 63(12), 2265-2286.
Elavarasan, R. M., Afridhis, S., Vijayaraghavan, R. R., Subramaniam, U., & Nurunnabi, M. (2020). SWOT analysis: A framework for comprehensive evaluation of drivers and barriers for renewable energy development in significant countries. Energy Reports, 6, 1838-1864.
Fatema, K., & Lariscy, J. T. (2020). Mass media exposure and maternal healthcare utilization in South Asia. SSM-Population Health, 11, 100614.
Hamidah, S., Afidah, N. N., Kurniawaty, I., Abdillah, H. T., & Nugraha, R. H. (2021). Language style and local wisdom in The Travel Documentary Pesona Indonesia: Tondokku Kondosapata on TVRI as a medium for tourism promotion. In Promoting Creative Tourism: Current Issues in Tourism Research (pp. 9-16). Routledge.
Huang, M. H., & Rust, R. T. (2021). A strategic framework for artificial intelligence in marketing. Journal of the Academy of Marketing Science, 49(1), 30-50.
Irfan, M., Hao, Y., Panjwani, M. K., Khan, D., Chandio, A. A., & Li, H. (2020). Competitive assessment of South Asia's wind power industry: SWOT analysis and value chain combined model. Energy Strategy Reviews, 32, 100540.
Janah, N., & Mayesti, N. (2020). Maturity Model Matrix of Information Governance in the Republic of Indonesia Public Television Broadcasting Institution. A Technical Note. Australasian Accounting, Business and Finance Journal, 14(1), 97-104.
Jetoo, S., & Lahtinen, V. (2021). The Good, the Bad and the Future: A SWOT Analysis of the Ecosystem Approach to Governance in the Baltic Sea Region. Sustainability, 13(19), 10539.
Jiskani, I. M., Shah, S. A. A., Qingxiang, C., Zhou, W., & Lu, X. (2020). A multi-criteria based SWOT analysis of sustainable planning for mining and mineral industry in Pakistan. Arabian Journal of Geosciences, 13(21), 1-16.
Kayumovich, K. O., Alimovich, F. E., Khudoynazarovich, S. A., Shavkatovna, S. S., & Supiyevna, B. M. (2020). Opportunities of mobile marketing in tourism. Journal of Critical Reviews, 7(12), 94-98.
Komari, A., Indrasari, L. D., Tripariyanto, A. Y., & Rahayuningsih, S. (2020, July). Analysis of SWOT Marketing Strategies and 7P Influence on Purchasing Decision. In Journal of Physics: Conference Series (Vol. 1569, No. 3, p. 032002). IOP Publishing.
Landmann, E., Stolz-Römmermann, J., & Günther, T. (2020). Customer Integration Through Virtual Reality Implementation: A SWOT Analysis in the Area of Production Systems. Progress in IS, 253-266.
Li, F., Larimo, J., & Leonidou, L. C. (2021). Social media marketing strategy: definition, conceptualization, taxonomy, validation, and future agenda. Journal of the Academy of Marketing Science, 49(1), 51-70.
Li, C., Negnevitsky, M., & Wang, X. (2020). Prospective assessment of methanol vehicles in China using FANP-SWOT analysis. Transport Policy, 96, 60-75.
Longhurst, G. J., Stone, D. M., Dulohery, K., Scully, D., Campbell, T., & Smith, C. F. (2020). Strength, weakness, opportunity, threat (SWOT) analysis of the adaptations to anatomical education in the United Kingdom and Republic of Ireland in response to the Covid?19 pandemic. Anatomical sciences education, 13(3), 301-311.
Putri, V. Y., Tasya, D. S., & Rahayu, A. (2020). SWOT Analysis on Credit Guarantee Business Sector in Indonesia: A Study from Jamkrindo. Journal of Economics, Business and Management (JOEBM), 8(3), 151-156.
Rangkuti, H. A., Teruri, S., & Shihab, M. R. (2020, October). The Roles of IT to Help An Organization Facing the Future: Case Study of the Television of the Republic of Indonesia. In 2020 International Conference on Information Technology Systems and Innovation (ICITSI) (pp. 85-88). IEEE.
Sari, S. N. (2020, August). Implementation of the Broadcasting Regulation as a Multicultural Communication Policy in Indonesia’s Public Television Broadcasting Institution (LPP TVRI). In 2nd Jogjakarta Communication Conference (JCC 2020) (pp. 273-275). Atlantis Press.
Susanti, F., Jaswita, D. I., Nurwita, I. N., & Fauziah, G. (2021, January). Improvement and Rejuvenation of Traditional Markets Based on SWOT Analysis in the City of South Tangerang. In The 1st International Conference on Research in Social Sciences and Humanities (ICoRSH 2020) (pp. 49-54). Atlantis Press.
Voukkali, I., & Zorpas, A. A. (2022). Evaluation of urban metabolism assessment methods through SWOT analysis and analytical hierocracy process. Science of The Total Environment, 807, 150700.