The Challenges And Marketing Strategy of Indonesia Tire Market Leader Against An Aggressive Competition
DOI:
https://doi.org/10.38035/dijefa.v6i2.4412Keywords:
Tire industry, Competitive strategy, Market penetration, MASA, Hankook, Marketing StrategyAbstract
The Indonesian tire industry has experienced speedy advancement, drawing in around the world makers such as Hankook Tire from South Korea. This paper analyzes the competitive scene of Indonesia's tire advertise, centering on the imperative response of PT Multistrada Arah Sarana, Tbk (MASA) to Hankook's showcase segment. The consider highlights the challenges gone up against by MASA in keeping up its grandstand position against a commanding competitor leveraging fetched inclinations, nationalistic branding, and strong around the world organizations. Through an appraisal of MASA's exhibiting strategies—including bargains movement, specialized back, after-sales advantage, and extraordinary activities—the paper proposes crucial recommendations. These joins progressing client associations, optimizing dispersal channels, and exploring co-branding openings with major car makers. The consider help talks almost the moving stream between middle-up and middle-low exhibit parts, emphasizing the require for MASA to reinforce its position within the middle of extended competition. By leveraging its built-up transport organization and brand esteem, MASA can brace its competitive edge whereas altering to industry designs. This examination gives encounters for tire makers looking to investigate creating markets with powerful exterior members and moving buyer slants.
References
Asosiasi Produsen Ban Indonesia (APBI).(2008). Industry Report on Tire Manufacturing in Indonesia.
Badan Pusat Statistik (BPS). (2008). Economic and Trade Statistics in the Automotive Sector. Jakarta, Indonesia.
Porter, M. E. (2008). Competitive Strategy: Techniques for Analyzing Industries and Competitors. Free Press.
Prahalad, C. K., & Hamel, G. (1990). The Core Competence of the Corporation. Harvard Business Review, 68(3), 79–91.
Kotler, P., & Keller, K. L. (2020). Marketing Management (16th ed.). Pearson Education. Hankook Tire Annual Report. (Year). Global Market Expansion and Regional Performance Multistrada Arah Sarana (MASA) Financial Reports. (Year). Company Performance and
Market Positioning in the Indonesian Tire Industry.
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