From Product Attributes to Market Advantage: Game Theory Applications in Bicycle Industry Competition
Keywords:
Game Theory, MTB, Positioning, Simplex, SeatpostAbstract
This study addresses the competitive challenge between two mountain bike brands, Senator MTB and Aviator MTB, in capturing consumer preference within the East Java market. The research object focuses on product attribute comparison between the two brands, aiming to identify the optimal strategic positioning for each. The objective is to determine competitive strategies that minimize losses and maximize gains using a quantitative approach. Data were collected through a closed-ended Google Form survey distributed to 31 respondents, consisting of MTB users in East Java. The analysis employed paired comparison, Game Theory, and the primal–dual Simplex method, supported by validity, reliability, and data sufficiency tests. Results showed that Aviator, as the column player, minimized its loss to -7,714 units with a mixed strategy equally focusing (50.7% each) on a lightweight and rigid frame and a strong derailleur, while Senator, as the row player, maximized its gain to -7,715 units through a pure strategy fully (100%) leveraging the durability of the seatpost–stem–handlebar combination. The study concludes that Game Theory can effectively identify and quantify optimal strategies in product competition. The contribution of this research lies in providing empirical evidence of applying Game Theory in the bicycle industry to guide strategic product development and market positioning.
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