The Effect of Product development and Promotion on Increasing in Sales volume at The Mentari Convection company in Klaten, Indonesia
Abstract
Every company is required to continue to improve the quality of its products by gradually improving its marketing strategies so that the products produced are known to the wider community, including distribution so that they reach consumers easily. This study intends to examine the effect of product development and sales promotion on increasing sales volume. The research method used is quantitative data and uses multiple regression analysis. The results showed that product development and promotion affected the sales volume of convection products. However, an increase in product development costs contributes more to an increase in sales volume than an increase in promotional costs. Competition in the field of convection faces many challenges both internally and externally, but if we are open to change and use the right strategy, the company will be able to survive and have a competitive edge for business sustainability in the future.
References
Bacik, R., Gburova, J., and Mikula, B. 2018. Price and discounts as dominant factors of a marketing mix acting on the purchasing decision of a Slovak consumer. Journal of Applied Economic Sciences, Volume XIII, Summer, 3(57): 655-662.
Chaniago, H. (2020a). Investigation of Factors Influencing Traditional Retail Success in Small Cities in Indonesia. Journal of Applied Economic Sciences Investigation, XV, Spring, 65–75.
Chaniago, H. (2020b). the Effects of Entrepreneurial Personality To Competitiveness and Corporate Image: a Study on Chocolate Agent Entrepreneurs. International Review of Management and Marketing, 10(2), 21–29. https://doi.org/10.32479/irmm.9262
Chaniago, H., Mulyawan, I., Suhaeni, T., & Jumiyani, R. (2019). Faktor Kunci Keberhasilan Ritel Modern Di Indonesia. Jurnal Akuntansi, Ekonomi Dan Manajemen Bisnis, 7(2), 201–208. https://doi.org/10.30871/jaemb.v7i2.1726
Dharmmesta, Basu Swastha. (1990). Manajemen Pemasaran Modern, Yogyakarta, Liberty.
Dharmmesta, Basu Swastha. (1981). Azas azas Marketing, Yogyakarta, Liberty.
Efawati, Y. (2016). Faktor Penentu Keberhasilan Pasar Fashion Tradisional. Jurnal Riset Bisnis Dan Investasi, 2(1), 13.
Kotler, Phillip. (1987). Dasar-dasar Pemasaran, Jakarta, Intermedia.
Sigit, Sunardi. (1979). Marketing Praktis, Yogyakarta, BPFE UGM.
Authors who publish in this journal agree to the following terms:
- The authors confirm that they are the authors of the submitted article, which will be published (online) in the journal IJABO (International Journal Administration, Business & Organization) by the Asosiasi Ahli Administrasi Indonesia (A3i), Bandung, Indonesia. The author’s name will be evident in the article. The publisher makes all decisions regarding the layout and distribution of the work.
- Authors guarantee that the work is their own original creation and does not infringe any statutory or common-law copyright or any proprietary right of any third party. In case of claims by third parties, authors commit themself to defend the interests of the publisher and shall cover any potential costs.
- Authors retain copyright and grant the journal the right of first publication, with the work simultaneously licensed under a Creative Commons Attribution-ShareAlike 4.0 International License (CC BY-SA 4.0). This license allows the redistribution and reuse of papers provided the authorship is properly credited.
- Authors can enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., posting it to an institutional repository or publishing it in a book), with an acknowledgment of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as this can lead to productive exchanges and earlier and greater citations of published work.