Journal of Business Management Education (JBME)
Vol 7, No 1 (2022)

Blue Ocean Strategy: Business Transformation on Traditional Market Revitalisation

Iqbal Lhutfi (Universitas Pendidikan Indonesia)
Arvian Triantoro (Universitas Pendidikan Indonesia)
Fitrina Kurniati (Universitas Pendidikan Indonesia)
Raden Dian Hardiana (Universitas Pendidikan Indonesia)
Rika Mardiani (Universitas Pendidikan Indonesia)



Article Info

Publish Date
04 Jul 2022

Abstract

This research was conducted to analyse the business transformation in revitalising the traditional market of Kosambi Bandung – The Hallway Space using the Blue Ocean Strategy. This study uses a descriptive qualitative research design. This study's data collection techniques were observation, in-depth interviews, and documentation review. The data analysis used in this study is a qualitative data analysis technique by analysing the statement of the interview results using the stages of data reduction, data presentation and data verification, and contextual analysis of the literature review. The result of this research is an initiation to build creative areas in traditional markets where later creative industry activists in fashion, food, art, hobbies, performing arts, and others can gather to create a new innovative ecosystem. This research concludes that the blue ocean strategy implemented in the kosambi traditional market is one of the best alternatives that can be done to revitalise traditional markets.

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Journal Info

Abbrev

JBME

Publisher

Subject

Economics, Econometrics & Finance Education

Description

Journal of Business Management Education (JBME) with the registered number e-issn 2715-3037 and p-issn 2715-3045 is an online journal of undergraduate student in Pendidikan Bisnis, Fakultas Pendidikan Ekonomi dan Bisnis, Universitas Pendidikan Indonesia. Publishing every three times a year in May, ...