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Marketing Strategy in Building Brand Image and Strengthening the Foundation of Sharia Bank

Authors :
Srisusilawati, Popon
Wijayanti, Intan Manggaala
Yaqin, Habibi Nurul
Eprianti, Nanik
Source :
International Journal of Professional Business Review; Vol. 8 No. 5 (2023): Continuous publication; e02038, International Journal of Professional Business Review; v. 8 n. 5 (2023): Continuous publication; e02038
Publication Year :
2023
Publisher :
Open Access Publications LLC and Logos International University, 2023.

Abstract

Purpose: The aim of this study is to examine marketing strategies in building brand image and strengthening Islamic banking foundations. Theoretical framework: The research focuses on Marketing Strategy by using the theory of (Kotler & Armstrong, 2008) that Marketing as a process by which companies create value for customers and build strong relationships with customers, with the aim of capturing value from customers in return And the marketing mix concept (Product, Price, Place, Promotion, People, Process, Physical Evidence) so that the marketing strategy that is carried out certainly builds the brand. Design/methodology/approach: The research method used is a qualitative grounded theory approach. Data collection techniques are interviews, questionnaires, literature studies and documentation with the SWOT analysis technique. Findings: The results of the study show that the strength factors are greater than the weaknesses and the opportunity factors are smaller than the threats, so that Islamic Banks have the potential to grow and develop, the strategy that can be implemented is the Diversification Strategy. Research, Practical & Social implications: The study of this research offers a strategy for Islamic banks to be able to build a brand image and build a foundation for Islamic banks. Originality/value: The value of the study this research provides and offers academic contributions regarding Islamic marketing strategies in building brand images and Islamic bank foundations.

Details

Language :
English
ISSN :
25253654
Database :
OpenAIRE
Journal :
International Journal of Professional Business Review
Accession number :
edsair.issn25253654..bf585c57b1f51f21efeaf4685aa4ba33