Customer Acquisition Strategy in Procurement Business (Case Study of CV SAS)

Authors

DOI:

https://doi.org/10.35870/emt.v9i1.3348

Keywords:

Procurement Industry, Customer Acquisition Strategy, Business Buyer Behavior, Business Buyer Decision Process

Abstract

The procurement industry is currently growing, this situation is driven by its vital role in business operations and spending decisions. This growth has created opportunities and intensified competition. CV SAS is one company that sees business opportunities in the procurement industry. CV SAS has established a sustainable business with reputable buyers, increasing revenue, and 18 procurement licenses across various industries. However, its reliance on a single customer poses significant risks, including dependency and limited diversification. To address this, CV SAS must focus on acquiring new customers to reduce risks, improve bargaining power, diversify revenue streams, and achieve stable growth. The company plans to use strategies like SWOT analysis and market segmentation internally, while also applying external tools like Porter’s Five Forces and buyer behavior analysis to understand and target potential customers effectively.

Downloads

Download data is not yet available.

Author Biographies

  • Asty Firdausya, Bandung Institute of Technology

    School of Business and Management, Institut Teknologi Bandung, Bandung City, West Java Province, Indonesia.

  • Nila Armelia Windasari, Bandung Institute of Technology

    School of Business and Management, Institut Teknologi Bandung, Bandung City, West Java Province, Indonesia.

References

Ang, L., & Buttle, F. (2006). Managing for successful customer acquisition: An exploration. Journal of Marketing Management, 22, 295-317. DOI: https://doi.org/10.1362/026725706776861217.

Dobbs, M. E. (2014). Guidelines for applying Porter's five forces framework: a set of industry analysis templates. Competitiveness review, 24(1), 32-45.

Freytag, P. V., & Clarke, A. H. (2001). Business to business market segmentation. Industrial marketing management, 30(6), 473-486. DOI: https://doi.org/10.1016/S00198501(99)00103-0.

Handrimurtjahjo, A. D. (2014). Hubungan Teknologi Informasi dan Formulasi Strategi Kompetitif Serta Dampaknya Terhadap Kinerja Organisasional: Kerangka Konseptual. Binus Business Review, 5(1), 176-185.

Hutt, M. D., & Speh, T. W. (2021). Business marketing management: B2B. South-Western, Cengage Learning.

Ikechi, A., Chinenye, E. P., & Chiyem, O. (2017). Marketing mix concept: Blending the variables to suit the contemporary marketers. International Academic Journal of Management and Marketing, 9(1), 55-65.

Johnson, G., Scholes, K., & Whittington, R. (2008). Exploring corporate strategy.

King, G., Chao, X., & Duenyas, I. (2016). Dynamic customer acquisition and retention management. Production and Operations Management, 25, 1332-1343. DOI: https://doi.org/10.1111/poms.12559.

Kotler, P., & Armstrong, G. (2010). Principles of marketing. Pearson education.

Kotler, P., Armstrong, G., Harris, L. C., & Piercy, N. (2005). Principles of Marketing, 4th European ed. Harlow: Pearson Education Limited.

Lewis, M. (2006). Customer acquisition promotions and customer asset value. Journal of Marketing Research, 43, 195-203. DOI: https://doi.org/10.1509/jmkr.43.2.195.

Limaho, H., Sugiarto, S., Pramono, R., & Christiawan, R. (2023). The strategy of palm oil plantation expansion business in relation to environmental sustainability issues: Overcoming the challenges. Eduvest-Journal of Universal Studies, 3(5), 1007-1018.

Martin, G. (2011). The Importance Of Marketing Segmentation. American Journal of Business Education, 4(6), 15-18.

Syam, N. B., & Hess, J. D. (2006). Acquisition versus retention: Competitive customer relationship management. University of Houston, March, 21.

Tunisini, A., & Sebastiani, R. (2015). Innovative and networked business functions: Customer-driven procurement. Journal of Business & Industrial Marketing, 30, 302-311. DOI: https://doi.org/10.1108/JBIM-06-2014-0118.

Downloads

Published

2025-01-01

How to Cite

Firdausya, A., & Windasari, N. A. (2025). Customer Acquisition Strategy in Procurement Business (Case Study of CV SAS). Jurnal EMT KITA, 9(1), 19-29. https://doi.org/10.35870/emt.v9i1.3348