Structuring and launching an e-commerce for musical instruments:
an analysis from the perspective of dynamic capabilities
DOI:
https://doi.org/10.23925/cintec.v2i2.68698Keywords:
e-commerce, dynamic capabilities, digital transformation , retail salesAbstract
Objective of the study: to describe the process of creating an e-commerce for musical instruments based on the identification of a market opportunity amid the adverse scenario of the COVID-19 pandemic using the theory of dynamic capabilities.
Diagnosis and/or opportunity: despite being widely discussed in academia, the theory of dynamic capabilities has not been found exploring the process of creating companies during the COVID-19 pandemic. This study aims to offer a specific analysis of this situation in this context.
Methodology/approach: the action research and life history methodology was used to describe the process of creating the e-commerce. Analyses were carried out on company documents, financial and inventory control spreadsheets, in addition to an interview with one of the partners.
Results/Application: the results of the analyses demonstrate that the company's behavior in carefully observing the environment, taking advantage of opportunities and defending itself against threats is closely linked to the theory of dynamic capabilities and was fundamental to obtaining a sustainable competitive advantage.
Contributions: this report provides valuable insights into the practical application of dynamic capabilities theory in adverse scenarios such as the COVID-19 pandemic. The action research methodologies highlight the importance of a practical and engaging approach in the analysis of new companies. The social contribution highlights the resilience of entrepreneurs in adversity, showing that quick and accurate decisions ensure competitive advantage. Managers can benefit from applying relevant theories, such as dynamic capabilities, to effective strategic decisions in uncertain times.
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