Executive Summary
This case study focuses on Sukha Media, a microbusiness which specialises exclusively in the “Bohemian Lifestyle” niche of the advertisement and content creation industry. The company has established itself as a niche player in an industry marked by low barriers to entry and intense competition by employing a premium positioning strategy and addressing the unique needs of its highly specific target audience.
Key challenges include: (1) financial constraints and absence of robust financial management systems, (2) its niche specialisation, which constrains potential customer outreach; (3) a need to emphasise sustainable practices; and (4) inadequate engagement with creators from marginalised backgrounds. Some solutions include: (1) ensuring financial resilience alongside strategic management (e.g., continuous learning, human resource management, innovation); (2) diversifying product offerings and stakeholders to manage risks; and (3) understanding market dynamics and cultivating growth through robust research, product diversification and outreach, for example.
ASB-ARC | BCS006 | AUGUST 2024
The views and opinions expressed are those of the authors and do not represent those of the ASEAN Research Center (ARC), the Asia School of Business (ASB) or its affiliates. All errors remain the authors' own.
Attribution – Please cite the work as follows:
Liau, Daniel & Zamri Mustafah (2024). Sukha Media: Navigating the Bohemian Lifestyle Niche. ARC BCS ID: BCS006. https://asb.edu.my/faculty/research-publication-database/ Kuala Lumpur: Asia School of Business.
Creative Commons Attribution CC BY 3.0
Please visit https://asb.edu.my/research-office/the-asean-research-center-arc/ for further information on the ASB ASEAN Research Center – Business Case Study series.