Analisis Model Bisnis Untuk Brand Skincare Dalam Upaya Menciptakan Keunggulan Bersaing Konteks Ekonomi Islam (Studi Pada Brand Lamooi Beautycare)

Authors

  • Tiara Siska Oktavani Fakultas Ekonomi dan Bisnis Universitas Diponegoro, Indonesia
  • Susilo Toto Raharjo Fakultas Ekonomi dan Bisnis Universitas Diponegoro, Indonesia

DOI:

https://doi.org/10.29040/jiei.v10i1.8640

Abstract

This research aims to conduct a business model analysis of Lamooi Beautycare, a newcomer to the highly competitive skincare industry. Despite receiving positive recognition from customers, Lamooi Beautycare faces the challenge of establishing a competitive edge amidst the dynamic skincare market. The study seeks to identify internal and external factors influencing the current skincare industry and formulate business development strategies that enhance the company's competitive advantage. The research methodology employs a qualitative approach with a case study design. Sampling in this study used purposive sampling. In this research, the informants used as research subjects were the Beauty Company/Brand, namely Lamooi Beautycare, with 3 respondents, namely the owner of the beauty brand to be researched, a marketing employee, and an admin. The Resource-Based View (RBV) framework will be utilized to analyze internal factors, complemented by the Five Forces Porter framework for the analysis of external factors. Additionally, the study will incorporate the Business Model Canvas (BMC) to formulate a comprehensive business development strategy. Through this analysis, the research aims to provide a profound understanding of the skincare industry's dynamics, evaluate critical factors influencing Lamooi Beautycare's success, and develop precise strategies to achieve competitive advantage. By gaining a better understanding of internal and external factors, Lamooi Beautycare is expected to optimize its internal potential, leverage market opportunities, and navigate competitive challenges, ultimately realizing its vision and mission while expanding its business in this fiercely competitive era. The existing strategy that is/has been implemented by the owner of the Lamooi Beautycare Brand is in accordance with the nine elements in the Business Model Canvas, namely, Customer Segments, Value Propositions, Customer Relationships, and Key Resources

Author Biography

Tiara Siska Oktavani, Fakultas Ekonomi dan Bisnis Universitas Diponegoro

Faculty of Economica and Business, Islamic Economics Program

References

Barney, J. B. (1991). Firm Resources and Sustained Competitive Advantage. Journal of Management, 17(1)., 99-120.

Bicheno, J. (2017). The Lean Six Sigma pocket toolbook: A quick reference guide to 100 tools for improving quality and speed. McGraw Hill Professional.

Chaffey, D. (2007). E-business and e-commerce management: Strategy, implementation and practice. Pearson Education.

Carter, M., & Carter, C. (2020). The Creative Business Model Canvas. Social Enterprise Journal, 16(2), 141–158. https://doi.org/10.1108/SEJ-03-2019-0018

Chesbrough, H. (2017). The distinctive nature of open innovation. Handbook of innovation management, 1-27.

Christensen, C. M., Dillon, K., & Hall, T. (2020). Know your customers' jobs to be done. Harvard Business Review, 98(5), 54-62.

Cooper, R. G., Edgett, S. J., & Kleinschmidt, E. J. (2017). Product innovation and technology strategy. CRC press.

Creswell, J. W. (2009). Research design: Qualitative, quantitative, and mixed methods approaches. Sage.

David, Fred R. 2009. Manajemen Strategis Konsep, Edisi 12. Jakarta: Salemba Empat

Freeman, C., & Soete, L. (2017). Economics of industrial innovation. Routledge.

Grant, R. M. (2016). Contemporary Strategy Analysis: Text and Cases (9th ed.). Wiley.

Jin, Y., Ji, S., Liu, L., & Wang, W. (2022). Business model innovation canvas: a visual business model innovation model. European Journal of Innovation Management, 25(5), 1469–1493. https://doi.org/10.1108/EJIM-02-2021-0079

Kotler, P., Kartajaya, H., & Setiawan, I. (2017). Marketing 4.0: Moving from traditional to digital. John Wiley & Sons.

Laudon, K. C., & Traver, C. G. (2017). E-Comerse 2016 business, tecnology, sociey (12th ed.). England: Britis Library Cataloguint-in

Miles, M.B., and A.M. Huberman. 1994. Qualitative Data Analysis: An Expanded Sourcebook, 2nd Edn. Thousand Oaks: Sage Publications.

Mora, P. (2007). “Key Success Factors in Today’s Wine Sectorâ€. International Journal of Case Method Research & Application. Vol. XIX. No.1.

Ojasalo, J., & Ojasalo, K. (2018). Service Logic Business Model Canvas. Journal of Research in Marketing and Entrepreneurship, 20(1), 70–98. https://doi.org/10.1108/JRME-06-2016-0015

O’Neill, T. W. (2015). The business model canvas as a platform for business information literacy instruction. Reference Services Review, 43(3), 450–460. https://doi.org/10.1108/RSR-02-2015-0013

Osterwalder, A., dan Pigneur, Y. (2010). Business Model Generation. http://www.BusinessModelGeneration.com/. [Diakses pada 22 Januari 2022].

Porter, M. E. (2007). Strategi Bersaing (Competitive Strategy). Tangerang: KARISMA Publishing Group.

Porter, M. E. (2008). Competitive Advantage (Keunggulan Bersaing). Tangerang: KARISMA Publishing Group.

Rumelt, R. P. (2011). Good Strategy Bad Strategy: The Difference and Why It Matters. Crown Business.

Shaw, M. J. (2006). E-business management: Integration of web technologies with business models. Springer.

Sort, J. C., & Nielsen, C. (2018). Using the business model canvas to improve investment processes. Journal of Research in Marketing and Entrepreneurship, 20(1), 10–33. https://doi.org/10.1108/JRME-11-2016-0048

Teece, D. J. (2018). Dynamic Capabilities and Strategic Management: Organizing for Innovation and Growth. Oxford University Press.

Thompson, A., Peteraf, M., Gamble, J., Strickland III, A.J. and Jain, A.K., 2013. Crafting & Executing Strategy 19/e: The Quest for Competitive Advantage: Concepts and Cases. McGraw-Hill Education.

Tidd, J., Bessant, J., & Pavitt, K. (2017). Managing innovation: Integrating technological, market and organizational change. John Wiley & Sons.

Yin, R. K. (2014). "Case Study Research: Design and Methods" (Edisi ke-5). Sage Publications.

https://compas.co.id/article/brandskincare-lokal-terlaris/

https://goodstats.id/article/menilik-meningkatnya-konsumsi-produk-kecantikan-di indonesia-LcQed

http://ikft.kemenperin.go.id/industri-kimia-hilir/

https://kemenperin.go.id/artikel/21460/Perubahan-Gaya-Hidup-Dorong-Industri-Kosmetik

https://www.paulaschoice.com/expert-advice/skincare-advice/basic-skin-care-tips/what-is-a-skincare-routine.html

https://www.aad.org/public/everyday-care/skin-care-secrets/routine/skin-care

Downloads

Published

18-05-2024

How to Cite

Oktavani, T. S., & Raharjo, S. T. (2024). Analisis Model Bisnis Untuk Brand Skincare Dalam Upaya Menciptakan Keunggulan Bersaing Konteks Ekonomi Islam (Studi Pada Brand Lamooi Beautycare). Jurnal Ilmiah Ekonomi Islam, 10(1), 1174–1184. https://doi.org/10.29040/jiei.v10i1.8640

Citation Check