Page 252 - Proceeding The 2nd International Seminar of Science and Technology : Accelerating Sustainable Innovation Towards Society 5.0
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nd
                                  he 2  International Seminar of Science and Technology
                                   “Accelerating Sustainable innovation towards Society 5.0”
                                                       ISST 2022 FST UT 2022
                                                          Universitas Terbuka

          1.3   Production
          The definition of production is an activity carried out by humans to
          produce products, either in the form of goods or services and can be
          utilized by consumers. In addition, the notion of production is also an
          activity  to  create  and  add  value  to  an  object  without  changing  its
          shape, which is called the production of services. While the activities
          carried  out  by  adding  use  value  to  objects  (raw  materials)  and
          changing  their  nature  or  shape  are  called  goods  production.  The
          actors of production activities are often referred to as producers and
          the results of production activities are often referred to as products
          [11].  Marketing  is  a  total  system  of  business  activities  designed  to
          plan, determine prices, promote, and distribute goods that can satisfy
          wants and achieve target markets and company goals [10].
          1.4   Marketing Strategy
          Marketing is one of the important activities that need to be carried out
          by companies to increase business and maintain the survival of the
          company. In addition to marketing activities, companies also need to
          combine functions and use their expertise so that the company runs
          well [9]. Marketers according to Kotler [14] in Anonymous [7], states
          that someone who seeks resources from others and is willing to offer
          something in return. Thus, a marketer expects a response from the
          other  party,  either  in  the  form  of  selling  or  buying.  In  other  words,
          marketers can be sellers or buyers.
          Marketing strategy is an effort to market a product, whether it is goods
          or  services,  using  a  certain  pattern  of  plans  or  tactics  so  that  the
          number of sales is higher. The definition of marketing strategy can also
          be interpreted as a series of efforts made by a company in order to
          achieve certain goals, because the potential to sell a proposition is
          limited to the number of people who know this. Marketing strategy has
          an  important  role  in  a  company  or  business  because  it  serves  to
          determine the economic value of the company, both the price of goods
          and services.
          There are three (3) factors that determine the value of the price of
          goods and services, namely:

          222                          ISST 2022 – FST Universitas Terbuka, Indonesia
                    International Seminar of Science and Technology “Accelerating Sustainable
                                                         Towards Society 5.0
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