BRANDING STRATEGY: A BRANDING EVALUATION AND PLAN FOR UMKM XYZ MEDIUM-SIZED ENTERPRISES
Abstract
For Micro, Small, and Medium-Sized Enterprises (MSMEs) to stand out in competitive marketplaces and attract clients, a strong branding strategy is crucial. A strong brand identity for MSMEs not only draws attention but also fosters customer loyalty and trust. One MSME in Indonesia that is making progress in the culinary industry is UMKM XYZ, which produces multipurpose flour for culinary enterprises. This study uses Idris Motee's branding approach to assess UMKM XYZ's branding strategy. Observation, interviews, and literature analysis were among the data collection techniques used in this qualitative study. First, a brand positioning analysis was conducted, and then the branding strategy approach was evaluated. The results of the study show that based on three elements of branding, UMKM XYZ focuses too much on Customer Value and rely on only one advertising strategy. This could be a threat to UMKM XYZ because they do not use alternative advertising techniques. To overcome this, development suggestions for UMKM XYZ are also included in this article descriptively.
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