The Impact of Market Segmentation, Targeting, and Positioning on Sales Volume Growth with Purchase Decision as a Mediating Variable at PT. Suud Group 88, Bondowoso Regency, Indonesia

Authors

  • Adinda Jennifer Pardede universitas muhammadiyah jember
  • Toni Herlambang universitas muhammadiyah jember
  • Budi Santoso universitas muhammadiyah jember

Keywords:

Consumer Behavior, Marketing Strategies, Market Segmentation

Abstract

This study examines the impact of market segmentation, targeting, and positioning (STP) on sales volume growth at PT. Suud Group 88, with purchase decisions as a mediating variable. The research employs a quantitative approach using WarpPLS to analyze the relationships between these variables. Data were collected from management and customers of PT. Suud Group 88 in Bondowoso, Indonesia. The findings reveal that effective segmentation enables the company to target specific consumer groups, improving marketing efficiency and customer satisfaction. Targeting strategies are shown to significantly enhance consumer engagement by focusing on high-potential segments, while positioning differentiates the company’s products from competitors, shaping consumer perceptions, fostering loyalty, and increasing purchase decisions. The mediation analysis confirms that purchase decisions significantly influence the relationship between STP strategies and sales volume growth, highlighting the importance of aligning product offerings with consumer preferences to optimize marketing outcomes. This study contributes to the literature by applying STP strategies to the tobacco industry, offering insights into how traditional sectors can adopt modern marketing frameworks to achieve competitive advantage and sustain business growth. Additionally, the findings suggest that businesses across industries can benefit from incorporating consumer purchase decision analysis into their STP strategies to drive growth, enhance market positioning, and ensure long-term sustainability in competitive markets

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Published

2024-09-25