Marketing Strategy Design for Housing Property Company Using Structural Equation Modeling and Strategic Management Approach

  • Novandra Rhezza Pratama
  • Muhammad Farrel Alonzo Hamid
Keywords: Structural Equation Modeling, Strategic Management, Marketing, Property, Real Estate


This study aims to analyze the most influential factors in the decision-making process of home purchases by consumers in the Jabodetabek area and formulate marketing strategies for a real estate company in South Jakarta to remain competitive and maintain sales value. The data for this research were collected using questionnaires for the data processed using the partial least squares-structural equation modeling (PLS-SEM) method, and in-depth interviews were conducted with company representatives to formulate a marketing strategy. Based on the findings of this study, the factors influencing house purchase decisions were identified as trust, environment, characteristics, attitude, and legality. Additionally, five alternative marketing strategy proposals were suggested, including enhancing brand equity, improving project facilities, introducing new promotional schemes, and collaborating with external parties.


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How to Cite
Pratama, N. R., & Hamid, M. F. A. (2023). Marketing Strategy Design for Housing Property Company Using Structural Equation Modeling and Strategic Management Approach. European Journal of Science, Innovation and Technology, 3(4), 317-330. Retrieved from