Article: Improving the competitiveness of traditional markets in Martapura Riverside, Banjarmasin, South Kalimantan for raising the local economy Journal: International Journal of Intelligent Enterprise (IJIE) 2023 Vol.10 No.1 pp.99 - 111 Abstract: Traditional markets have an important role in improving the local economy. This paper focuses on obtaining information about priorities to improve the survivability of traditional markets in competition. The object of this study is Ujung Murung Market which is one of the traditional markets in the Martapura Riverside, South Kalimantan. Respondents are categorised as seller and buyer in the traditional market and the employees of the Civil of Management Market Office. Data are analysed by using analytical hierarchy process (AHP) with PriEst Software. The novelty of this study is the consideration of customer value as sources of competitive advantage in traditional market. The data analysis shows that traditional market in Martapura Riverside has competition-based customer value perspective such as: function value, emotional value, social value, seller service value, convenience value, added value, and reasonableness of the price. This study shows that the strategy of considering the perspective of customers significantly improve traditional market competitiveness. Inderscience Publishers - linking academia, business and industry through research

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Title: Improving the competitiveness of traditional markets in Martapura Riverside, Banjarmasin, South Kalimantan for raising the local economy

Authors: Tinik Sugiati; Zakhyadi Ariffin; Dian Masita Dewi; Freddy Jul Pribadi

Addresses: Faculty of Economics and Business, University of Lambung Mangkurat, Banjarmasin, South Kalimantan, Indonesia ' Faculty of Economics and Business, University of Lambung Mangkurat, Banjarmasin, South Kalimantan, Indonesia ' Faculty of Economics and Business, University of Lambung Mangkurat, Banjarmasin, South Kalimantan, Indonesia ' Faculty of Economics and Business, University of Lambung Mangkurat, Banjarmasin, South Kalimantan, Indonesia

Abstract: Traditional markets have an important role in improving the local economy. This paper focuses on obtaining information about priorities to improve the survivability of traditional markets in competition. The object of this study is Ujung Murung Market which is one of the traditional markets in the Martapura Riverside, South Kalimantan. Respondents are categorised as seller and buyer in the traditional market and the employees of the Civil of Management Market Office. Data are analysed by using analytical hierarchy process (AHP) with PriEst Software. The novelty of this study is the consideration of customer value as sources of competitive advantage in traditional market. The data analysis shows that traditional market in Martapura Riverside has competition-based customer value perspective such as: function value, emotional value, social value, seller service value, convenience value, added value, and reasonableness of the price. This study shows that the strategy of considering the perspective of customers significantly improve traditional market competitiveness.

Keywords: competitive advantage; customer value; traditional markets; market competitiveness; local economy.

DOI: 10.1504/IJIE.2023.127238

International Journal of Intelligent Enterprise, 2023 Vol.10 No.1, pp.99 - 111

Received: 29 Jun 2019
Accepted: 17 Feb 2020
Published online: 30 Nov 2022 *

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Title: Improving the competitiveness of traditional markets in Martapura Riverside, Banjarmasin, South Kalimantan for raising the local economy

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