Strategy For Survival Of Traders During Pandemi (Case Study Of Batak Traders In North Siantar District, Pematang Siantar)

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Strategy to Survive Traders During Pandemi: Case Study of Batak Traders in North Siantar District, Pematang Siantar

The Devastating Impact of Pandemi Covid-19 on Traders

The world has witnessed the devastating impact of Pandemi Covid-19 on various economic sectors, particularly on traders in traditional markets. In North Siantar District, Pematang Siantar, Batak traders in the Parlabatan Market or Dwikora Market have struggled hard to maintain their business. The pandemic has brought unprecedented challenges to these traders, forcing them to adapt and innovate to survive. This study aims to describe the survival strategy implemented by traders during this difficult time, as well as their reasons for continuing their profession in the midst of existing challenges.

Research Background

This research was conducted to add insight to the author in compiling scientific papers while hoping to attract the attention of the government and the community to the problems faced by traders during Pandemi. In carrying out research, descriptive qualitative methods are used. Data collection was carried out through observation techniques and in-depth interviews with five key informants selected based on certain criteria.

The Survival Strategy of Batak Traders

The results showed that there were several factors that motivated informants to survive as traders even though the economic situation was increasingly difficult. Firstly, many of them depend on income from trading businesses as the main source to meet their daily needs. Loss of other jobs or absence of alternative sources of income makes them feel forced to continue selling. This is a strong indication that traders are driven by necessity, and their survival is closely tied to their ability to generate income.

Secondly, although competition between traders is getting tougher and the number of consumers has decreased, some traders adapt to innovating in the way they sell. They began to use social media and digital platforms to market their products, so they could reach wider customers even with physical limitations in the market. This is a real example of creativity and high fighting power in the midst of uncertainty. By leveraging technology, traders have been able to stay competitive and reach new customers, thereby increasing their chances of survival.

Thirdly, the existence of community support and mutual cooperation between traders is also an important factor. They often share information and help each other to find new ways to sell, such as sharing capital or marketing together. Social solidarity among traders is clearly visible and is one of the drivers of their motivation to survive. This sense of community and cooperation has been a crucial factor in helping traders to adapt to the challenges posed by the pandemic.

Conclusion

Strategy for survival of Batak traders in North Siantar District during Pandemi Covid-19 reflects their resilience and adaptability in dealing with difficult situations. This study shows how important community support and innovation are adapting to rapid changes. With the knowledge gained from this study, it is expected to be a reference for policy makers to pay more attention to the fate of traders, and help them in overcoming the challenges faced during Pandemi and afterwards.

The Way Forward

The findings of this study have significant implications for policy makers and stakeholders involved in supporting traders during Pandemi. Firstly, it highlights the importance of community support and mutual cooperation among traders. By fostering a sense of community and cooperation, traders can work together to overcome challenges and adapt to new situations. Secondly, it emphasizes the need for innovation and creativity in marketing and sales. By leveraging technology and digital platforms, traders can reach new customers and stay competitive in the market.

Recommendations

Based on the findings of this study, the following recommendations are made:

  • Policy makers should pay more attention to the fate of traders and provide support to help them overcome the challenges faced during Pandemi and afterwards.
  • Community support and mutual cooperation among traders should be fostered to help them adapt to rapid changes and overcome challenges.
  • Innovation and creativity in marketing and sales should be encouraged to help traders stay competitive in the market and reach new customers.

By implementing these recommendations, policy makers and stakeholders can help traders to survive and thrive during Pandemi and beyond.
Frequently Asked Questions (FAQs) on Strategy to Survive Traders During Pandemi: Case Study of Batak Traders in North Siantar District, Pematang Siantar

Q: What is the main objective of this study?

A: The main objective of this study is to describe the survival strategy implemented by Batak traders in North Siantar District, Pematang Siantar during Pandemi Covid-19, as well as their reasons for continuing their profession in the midst of existing challenges.

Q: What methods were used in this study?

A: Descriptive qualitative methods were used in this study. Data collection was carried out through observation techniques and in-depth interviews with five key informants selected based on certain criteria.

Q: What are the factors that motivated informants to survive as traders during Pandemi?

A: The results showed that there were several factors that motivated informants to survive as traders during Pandemi. Firstly, many of them depend on income from trading businesses as the main source to meet their daily needs. Secondly, although competition between traders is getting tougher and the number of consumers has decreased, some traders adapt to innovating in the way they sell. Thirdly, the existence of community support and mutual cooperation between traders is also an important factor.

Q: How do traders adapt to innovating in the way they sell?

A: Traders began to use social media and digital platforms to market their products, so they could reach wider customers even with physical limitations in the market. This is a real example of creativity and high fighting power in the midst of uncertainty.

Q: What is the role of community support and mutual cooperation among traders?

A: The existence of community support and mutual cooperation between traders is also an important factor. They often share information and help each other to find new ways to sell, such as sharing capital or marketing together. Social solidarity among traders is clearly visible and is one of the drivers of their motivation to survive.

Q: What are the implications of this study for policy makers and stakeholders?

A: The findings of this study have significant implications for policy makers and stakeholders involved in supporting traders during Pandemi. Firstly, it highlights the importance of community support and mutual cooperation among traders. Secondly, it emphasizes the need for innovation and creativity in marketing and sales.

Q: What recommendations are made based on the findings of this study?

A: Based on the findings of this study, the following recommendations are made:

  • Policy makers should pay more attention to the fate of traders and provide support to help them overcome the challenges faced during Pandemi and afterwards.
  • Community support and mutual cooperation among traders should be fostered to help them adapt to rapid changes and overcome challenges.
  • Innovation and creativity in marketing and sales should be encouraged to help traders stay competitive in the market and reach new customers.

Q: What is the way forward for traders during Pandemi?

A: The way forward for traders during Pandemi is to continue to adapt and innovate in the way they sell. By leveraging technology and digital platforms, traders can reach new customers and stay competitive in the market. Additionally, community support and mutual cooperation among traders should be fostered to help them overcome challenges and adapt to rapid changes.