Traditional Traders Research Articles

Trading Go Digital: Experience and Influence of the Digital Phenomenon on Traditional Traders

The development of digital technology has significantly changed the trade landscape, influencing the way business is conducted around the world. This research aims to investigate the experience and influence of digital phenomena on traditional trade. Qualitative research methods were used, with in-depth interviews and content analysis as the main tools for data collection. Through this approach, a deep understanding of how traditional commerce adapts and evolves in the digital era is gained. The research results show that digitalization has provided challenges and opportunities for traditional trade actors. On the one hand, digitalization has increased market accessibility, enabling traditional traders to reach new customers through online platforms. On the other hand, increasingly powerful digital competitors pose a threat to the continuity of traditional trading businesses. Traditional merchants must adapt quickly to new technology to remain competitive.

The role of index traders in the financialization of commodity markets: A behavioral finance approach

This paper investigates the impact of financialization on commodity prices across various markets, particularly over recent decades. We introduce a groundbreaking theoretical model that incorporates both chartist–fundamentalist traders and institutional investors, targeting trading signals in two distinct commodity markets. In alignment with empirical data, our model enables institutional investors to participate in multiple markets simultaneously through index investing. Our findings indicate that the interactions between traditional traders and index investors create price dynamics that closely mirror observed patterns in commodity markets. Specifically, index investors not only cause prices to diverge from their fundamental values but also substantially influence the trading positions of other market actors. Moreover, we elucidate the crucial role of index investors in amplifying market correlations–both among different commodities and between commodities and equities, especially during periods of intense price fluctuations. Our innovative theoretical model goes beyond conventional chartist–fundamentalist frameworks, offering a robust alternative for understanding the complex pricing dynamics of commodities at large.

OPTIMALISASI PENGEMBANGAN USAHA JAMUR TIRAM PADA KELOMPOK TANI JAMUR DI DESA SIBANG GEDE KABUPATENG BADUNG

Oyster mushrooms are an edible mushroom that are liked by the public because it has a delicious taste and high nutritional value. Oyster mushrooms can be cultivated in a medium (Baglog) which comes from wood dust or lignin material that has been rotted wrapped in plastic and sterilized. The raw material for wood powder is increasingly difficult to obtain due to the reduced use of wood, which causes the price of sawdust to increase and the cost of mushroom production will increase. increase. Mushrooms are one of the exports and domestic consumption commodities that can be made into food with a high taste. The relatively expensive price of mushrooms makes mushroom farmers try to increase their production so they can meet consumer needs. One thing that needs to be addressed is the problem of mushroom breeding. The problem experienced by the Double U Mushroom business is the machine used to make baglog, the machine that must be prepared is the baglog mixing machine itself. Meanwhile, currently, we still buy backlog from collectors for IDR 3,000 – IDR. 3,100 so the profit is very minimal. By increasing mushroom production through the procurement of baglog mixing machines, it is hoped that the Mushroom Business can be optimized and reduce baglog purchasing costs. The marketing of Double U Mushroom has reached both modern traders and traditional traders. The increase in production is also balanced with improvements to the product brand/logo at the Double U Mushroom Business which will be designed with attractive images, colors, and layout so that potential consumers are more interested in buying Double U Mushroom mushrooms by looking at the product logo.

Financial Challenges of Brick and Mortar Stalls with the Advent of E-commerce Businesses in and Around Bangalore

The explosive rise of e-commerce has led to a paradigm shift in the retail industry globally. This study looks at the specific economic difficulties faced by traditional brick and mortar shops in and around Bengaluru, India, as they discuss the changed market environment with the growth of e-commerce companies. This research provides complete knowledge about the economic challenges faced by the brick-and-mortar stalls by analysing key factors such as changing consumer behaviour, changing market trends and the generally increasing operating costs of the metropolitan setting of Bengaluru. The study examines the impact of low pedestrian traffic, changes in pricing strategies and rising maintenance costs, highlighting the complexity of these issues in the Bengaluru retail environment. The report examines various strategies and corrective measures that can help brick and mortar shops survive and compete in the face of the increasing dominance of e-commerce. The report provides robust guidance for traditional traders who want to thrive in this changing economic environment and provides comprehensive information about the regional market dynamics of Bengaluru. This research provides useful information for company owners, legislators and other stakeholders who want to maintain the life of traditional retail in the digital age. This will deepen our understanding of the complex interactions between brick-and-mortar shops and e-commerce in Bengaluru.

The influence of business capital and cost of space rent (ijarah) on merchants’ income in the traditional market of Lau Dendang Village

IntroductionPrevious research has been carried out to analyze variables that influence traditional traders' income. However, research with the variables working capital and rental costs in the context of Lau Dendang Village has not been carried out.ObjectivesThis research was carried out with the aim of finding out the relationship between business capital and rental costs (Ijarah) on trading income in the traditional market of Lau Dendang Village.MethodThis research was conducted and carried out using quantitative methods and uses data obtained from sampling using research instruments in the form of questionnaires with the population being traders in several markets in Lau Dendang Village.ResultsThe results of the research that has been carried out are that a negative and significant influence is obtained on the variable working capital and rental costs as independent variables on merchants income as dependent variable.ImplicationsMerchants in traditional market should have adequate capital of their own and need support to lower rental costs to increase their income.Originality/NoveltyThis study contributes to enrich studies in the field of Islamic economics related to the income of traders in traditional markets.

PELATIHAN MERANCANG USAHA KECIL BAGI SANTRI DI PESANTREN AL HIKMAH BANJARMASIN

Business planning is very important as to start run both small and large aims to make a profit. To find out the extent of the benefits derived from the business / business that is run requires careful recording. The recording of both business expenses and income must be done carefully so that the analysis and calculation of profit and loss of the business carried out with results that reflect the business potential. Pesantren Al Hikmah sub-district is located in Banjarmasin City, an trading area, where most of the population (57%) live in small medium entrepreneurship and most (53%) of them (families) depend their livelihoods / livelihoods from the land as traditional traders. Thus, there has been an outreach and counseling about designing small businesses by a group of community, but it has not provided adequate results. This is due to not doing a good business analysis. Through community service activities it seeks to provide knowledge about how to analyze or calculate the price of a product so that it can benefit the producers. Kata kunci : Business Planning, Student and Community

Betwixt and between creativity and heritage: remaking a traditional festival and creating festivals to remake traditions in a historic neighbourhood in Taiwan

ABSTRACT This article endeavours to advance scholarship on the relationship among festivals, cultural heritage, sustainable development, and the connection between cultural heritage and creativity. The article positions festivals as sites to negotiate creativity and traditions and recognises that festivals are constantly evolving and transforming. Through studying three smaller-scale community-initiated festivals in the Taiwanese historic neighbourhood of Twatutia (Dadaocheng), the article demonstrates: (1) how ‘traditions’ can be remade and revitalised to adapt to a changing society through creative intervention and active collaboration with the cultural and creative industries; and (2) how local communities can create festivals as creative means to showcase, revitalise, and remake local traditions. Provided that (1) there is mutual trust and long-term collaboration between cultural and creative practitioners and preservers of cultural heritage and traditional traders and practitioners; and (2) the autonomy of creative practitioners is respected, the article argues that creative interventions, such as festivals, can contribute to revitalising, rejuvenating, and remaking local traditions and support organic and sustainable development of local cultures without rejecting external influences.

Social arithmetics: learning from Indramayu traditional market traders in doing calculations

This study aims to reveal the counting patterns performed by Indramayu Traditional Market Traders in buying and selling activities. This research uses a qualitative approach with a descriptive case study design. The sampling technique used was purposive sampling by collecting data using snowball sampling. The participants involved in this study were three traders. Data analysis in this study used qualitative analysis from Milles & Huberman, which consisted of 4 stages: data collection, data reduction, data presentation, and conclusion. The results of this study indicate that Indramayu traditional market traders have used mathematical concepts such as addition, subtraction, multiplication, and division operations in buying and selling activities. Besides that, this study also found that traditional traders use backward calculations (from front to back) in buying and selling their wares. The calculation method traditional trader’s use differs from that usually taught in schools. This method has become a standard pattern to make it easier for them to count. Based on these findings it implies that there are other ways of operating information activities that can be used by schools formally. In addition, teachers must be able to provide the context in everyday life, especially in buying and selling activities in traditional markets, to students so that students get a broader understanding of solving problems in arithmetic material.

Application of Local Wisdom Values in Sales Accounting Practices in Traditional Markets

This study aims to determine the concept of determining the selling price in traditional markets from the perspective of vegetable traders. The method in this study uses a qualitative method with a phenomenological approach. Phenomenology tells according to what exists and occurs in the object of research. The source of research data comes from the results of observations, interviews, and documentation with traders in traditional markets. On the other hand, the main purpose of using phenomenology to find the concept of the selling price in this study is to focus on finding the nature behind the attitudes and behavior of information providers in setting prices. Several vegetable traders served as information providers for this study. The results found that traders determine the selling price by using two sales methods, namely the weighing method and the tekem method or hand measurement method. In determining profit, traders calculate the profit per kilogram of vegetables. Starting with Rp. 1,000/kg to Rp. 2,000/kg with the weighing method. As for vegetables with the tekem method, it ranges from Rp. 500/bunch to Rp. 1,000/bunch. In traditional markets, buyers and sellers carry out negotiation or bargaining activities, unlike modern markets that have determined the selling price of their merchandise.
 
 Keywords: accounting practices, traditional traders, selling price, bargaining.

Peran Pemerintah Daerah dalam Mendukung Bisnis Syariah (Studi Kasus di Kota Padangsidimpuan)

<p>The proliferation of franchises in Padangsidimpuan City has made traditional traders restless, there has also been conflict from the community due to the proliferation of these franchises in Padangsidimpuan City. So what is the role of local governments to overcome conflicts that occur, and what solutions are given by local governments to overcome these problems. The method used is qualitative through a case study approach. Contextual investigation is an exploratory technique including a very close assessment of a particular case. In addition, data collection techniques are carried out by looking for primary data and theoretical references that are relevant to the problems found. The theoretical references and documents related to the topic obtained through library research are used as the basic foundation and main tool for research practice in the middle of the field in this research. To limit the proliferation of franchise businesses in Padangsidimpuan City, initially the Padangsidimpuan city government only issued an appeal letter, but it did not have much effect on franchises, so the Padangsidimpuan City local government issued Padangsidimpuan Mayor Regulation No. 6 of 2021 concerning Structuring and Fostering People's Markets, Shopping Centers and Shops Supermarkets in Padangsidimpuan City, indeed there is no article specifically discussing sharia but from the regulations issued there are no articles that contradict sharia principles.</p>

Strengthening the Social Capital of the Blimbing Traditional Market Traders Association in Conflict Resolution Against the Malang City Government Market Revitalization Policy

This study aims to analyze and describe the strengthening of the social capital of the Blimbing traditional market trader association in Malang City in conflict resolution against the market revitalization policy of the Malang City Government. Recently, the modernization of traditional markets has become one of the development agendas in every city. However, modernizing traditional markets tends not to favour the lower middle class and traditional traders as the main actors in traditional markets. Traditional traders are increasingly marginalized, and more modern traders replace their roles. In the case of conflict between Blimbing market traders and the Malang City Government, it was initiated because the policies issued by the Malang City Government were considered one-sided and detrimental to market traders. Even though the Malang City Government has made Project Agreement with Karya Indah Sukses.Co.Ltd, but the Blimbing market traders still refuse the revitalization project. This study uses a descriptive qualitative approach with a case study on the Blimbing traditional market in Malang City. The results showed that the revitalization policy of the Malang City Government had received resistance from the Association of Blimbing traditional market traders. But the, conflict resolution is carried out persuasively through; negotiation, mediation, and advocacy, in the hope of obtaining a mutually beneficial solution between the parties involved in the conflict. With the strengthening of social capital, the association of market traders succeeded in preventing the implementation of market development policies that could harm traders and received support and sympathy from various parties. In the end, the Malang City Government changed the policy direction by choosing alternatives to revitalize the development of the traditional market of Blimbing.

Resistance of Traditional SMEs in Using Digital Payments: Development of Innovation Resistance Theory

The impact of the pandemic has also affected the sustainability of traditional traders. One of the merchants’ efforts in overcoming the effect of COVID-19 is to make transactions with digital payments, both in-store purchases and through online media. This study is aimed at determining user resistance with the innovation resistance theory (IRT) approach based on two main approaches, namely, functional and psychological barriers. The unit of analysis in this study is a traditional clothing market trader who uses digital payments to process transactions. This study uses a qualitative method with a case study approach in Indonesia’s traditional clothing market through in-depth interviews of eight respondents. The results of this study prove that the clothing market sword uses digital payments when conducting transactions directly to consumers and for the needs of traders in supporting their business activities such as bill payments and purchases to suppliers. Most buyers complain about the risk barrier on the security and privacy factor, especially when they experience delays in information when processing transactions, causing more efforts to make complaints. The research contributes to the development of IRT theory, especially in the context of technology such as digital payments. The results of this study can also be helpful for service providers and the government in making strategies and policies that can protect users, especially buyers and sellers, in adopting digital payments.

Keberlanjutan Usaha Pedagang Warung Tradisional dengan Menerapkan Etika Bisnis Islam di Kota Makassar

It is important for every trader to know and apply Islamic business ethics because with it a trader can achieve the main goals of business, namely world profits and the salvation of the hereafter. This study aims to determine the understanding and application of Islamic business ethics to traditional warung traders and the role of Islamic business ethics in maintaining business sustainability. This research is a field research with qualitative method which is done descriptively. The results of this study indicate that the traditional traders understand Islamic business ethics substantially but not in detail, but most of the Islamic business ethics have been applied by traditional warung traders. Other results show that the application of Islamic business ethics in a business can maintain the business sustainability of traders. The implication of this research is to make traders aware of the importance of knowing and applying Islamic business ethics in their business.

Dampak Kehadiran Pasar Modern Maju Bersama Terhadap Pendapatan Pedagang Pasar Tradisional MMTC

The market is a place where transactions of goods are carried out by more than one seller and buyer. Traditional markets and modern markets are often located in one area close together. This will have an impact on traditional market traders. The impact of the existence of modern markets on traditional markets is in terms of a decrease in the income of traditional traders. This study aims to determine the impact of the presence of the Maju Bersama modern market on the income of MMTC traditional market traders. This research was carried out at the MMTC market, Percut Sei Tuan district in August 2021 with a total sample of 30 traditional market traders at MMTC who were taken by purposive sampling method. While the data collection method using questionnaires and interviews. The results showed that there was an influence on the income of traditional market traders at MMTC Market, Percut Sei Tuan District with the existence of the Maju Bersama modern market. The income of traditional market traders after the presence of the Maju Bersama modern market resulted in a decrease in income of 7.51%. The average income of traditional traders before the Maju Bersama modern market was Rp 2,063,333, and after the Maju Bersama modern market it was Rp 1,908,333. Sales of traditional traders after the existence of the Maju Bersama modern market decreased by 11.26%. The decline in sales of traditional traders has more impact on fruit sales, while buyers still choose to buy vegetables at traditional traders.

Empowerment of Traditional Traders Towards Improving Local Potential-Based Welfare in South Sulawesi

Empowerment of Traditional Traders Towards Improving Local Potential-Based Welfare in South Sulawesi

Pelatihan Belanja Online dan Jasa Antar Langsung Pada Pedagang Pasar Tradisional di Pasar Wadung Asri Sidoarjo

Community service activities are carried out as a form of concern for others. Community service is carried out as a forum to provide assistance in the form of knowledge to the community. This activity indicates that the implementers of community service activities contribute to the progress of the nation. This community service activity was carried out by a lecturer at Sunan Giri University, Surabaya. This training was attended by 20 vegetable traders in Sidoarjo's Wadnung Asri Market. This activity is carried out to help traditional traders at the Wadung Asri Market, Sidoarjo. The implementation of community service activities is carried out for approximately 2 hours. The presentation and training was carried out so that traditional traders at the Wadung Asri market in Sidoarjo could provide delivery services to customers and shop online with the Whatsaap application. This is done so that traditional traders can keep up with technological developments that have been applied to the modern market. In this activity, materials such as plastic and rope are also provided to make safe packaging when providing direct delivery services to customers. In addition, this activity is also carried out to build good relations between the community and the community of Sunan Giri University Surabaya

Dampak Waralaba pada Kawasan Permukiman Bidang Penelitian dan Pengembangan di BAPPEDA

A franchise business cannot be separated from meeting the economic needs of business owners and increasing living standards. The mindset of businesspeople is always profitable as long as the business can run and relies heavily on business instincts in running a business. This study measures the impact of the existence of franchises in residential areas on the economy of the people of Tangerang district with a qualitative method with a phenomenology approach using content analysis and SWOT analysis methods. Qualitative findings indicate that the pattern of services provided by franchises is perceived to be better than the services of traditional traders. Therefore, the Regional Government of Tangerang Regency must take a joint role with traditional market managers in improving traditional markets and setting minimum service standards as well as capacity building and community empowerment in the economic sector, business development, providing Job Training Center (BLK) facilities that can be a place for coaching traditional traders.

Selling price according to traditional traders in the practice of Jual Kase-Kase

Jual kase-kase is a selling practice by traditional Banggai traders. Jual Kase-Kase is a term that comes from a habit of traders, thus making people call their practice the term Jual Kase-Kase. Starting from the barter system or the exchange of goods sold from house to house by traders, thus forming a way of transacting based on interests. In making an exchange the traders voluntarily accept the imbalance provided by the buyer. Changes in the sales system, affect the way of trading carried out by traditional traders, assigning value to each item sold and changing the location of the seller has an influence on the traders. However, the character of traditional traders is not lost even though some things from their sales practices have changed. The value given to an item does not only seek material benefits for traders but includes non-material values. Jual Kase-Kase means to give excess voluntarily. The purpose of this research is to reveal the meaning of selling price in the practice of selling cases from the perspective of traditional traders. An ethnomethodological approach is used to understand the meaning of the selling price of the practice of Jual Kase-Kase carried out by traditional traders. In this study, the value of goods sold by traditional traders is influenced by Banggai culture which is inherent in the character of traditional traders, where the value of goods is not only formed from material values but is formed from social and spiritual values. Where the social value is seen in the relationship created between fellow sellers or between sellers and buyers. The spiritual value that is present in the determination of the selling price is seen in the sincerity, honesty, and inner feeling of the perpetrator which finally appears in the price given.

Resistance of Traditional Traderson Market Relocation Policy in Aksara Market, Medan, Indonesia

This study aims to explain the form of resistance from traditional traders after the fire against the relocation policy established by the Medan City Government, Indonesia. In-depth interviews were conducted with 6 informants who are traditional traders at Aksara Market and 1 informant as a representative from the Medan city government. This data was collected to find out the opinion and perspective of the community towards the relocation policy and reasons for the Medan city government to relocate Aksara traders to other places. The results indicate that traders in the Aksara market disagree with the relocation policy determined by the Medan City Government. Therefore, people represented their resistance by selling along the sidewalks of the Aksara market which had burned and caused traffic jams. Moreover, they established a group of fire victim traders called PK2PTAM (Representative of Fire Victims Traditional Traders of Aksara Market Medan) to struggle with the revitalization of Aksara Market. The main reason for the Medan City government in issuing this relocation policy was the flyover construction project which affects the location of Aksara market.

The Relationship of the Use of Masks and Face Shield, Physical Distancing, Handwashing, with Business Continuity at Griya Candramas Traditional Market as Prevention Measures for the Covid Outbreak 19: Phenomenography Approach

The study aims to determine the relationship between face masks, face shields, physical distance, and handwashing with business continuity in traditional markets as a precaution against the Covid 19 outbreak during New Normal Life. The research, a phenomenographic study, is located at Griya Candramas Traditional Market in Sedati District, Sidoarjo, East Java. Data collection is carried out from April to June 2020, consisting of primary and secondary data. Data collection is carried out through indepth interviews and observations of 35 traditional market traders who sell traditional markets every day at Griya Candramas Sedati Sidoarjo. The research uses a qualitative method. The use of masks and face shields to cover the face, maintain distance, and diligently wash hands, can form behavioral habits and become a new culture so that traditional traders' businesses can be sustainable. Based on the research results, masks and face shields, physical distance, and handwashing are very safe to use and do by the community and traders in interacting so that a new habit is created. The unique culture can become a protocol in traditional markets to be comfortable working and sustain traditional traders' businesses. © 2021 RIGEO. All Rights Reserved.