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Enhancing Unit-linked Insurance Consumer Loyalty: The Role of Service Quality, Information Asymmetry, and Agent Marketing Strategies 提高投连险消费者忠诚度:服务质量、信息不对称和代理人营销策略的作用
Pub Date : 2024-02-09 DOI: 10.29244/jcs.9.1.142-162
Edi Yoga Prasetyo, U. Sumarwan, Nur Hasanah
Unit-linked insurance (PAYDI), Indonesia's top-selling life insurance product, has driven industrial growth in the last two decades through effective agent marketing. However, its complexity, blending protection, and investment have drawn criticism for consumers’ detriment and increasing complaints about insurance agent practices. This study aimed to achieve critical objectives by examining consumer perceptions of agent-provided service quality and distinguishing between active and lapsed policyholders as a measure of loyalty. It also seeks to construct a model that delineates the impact of service quality on consumer satisfaction and loyalty with information asymmetry as a moderating variable. This study used a cross-sectional research design, and gathered data through electronic questionnaires distributed to PAYDI insurance consumers. Purposive sampling was used to select participants, resulting in 159 respondents meeting the study’s criteria. Data analysis was conducted using Partial Least Squares Structural Equation Modelling (PLS-SEM). These findings underscore the critical influence of agent reliability and empathy on consumer satisfaction with information asymmetry emerging as a key moderator between satisfaction and loyalty. These results imply that reinforcing agent training in reliability, empathy, and efforts to minimize information asymmetry significantly enhances consumer satisfaction and loyalty in the insurance sector. This research suggests that companies should develop a Key Performance Indicator (KPI) and incentives for agents to enhance both customer acquisition and post-purchase services, ensure transparent information sharing, and set measurable satisfaction targets such as the Net Promoter Score (NPS). Future studies should focus on operational diversity and alternative proxies of firms.
单位挂钩保险(PAYDI)是印尼最畅销的人寿保险产品,在过去二十年中通过有效的代理人营销推动了行业增长。然而,该产品的复杂性、保障与投资的混合性却招致了损害消费者利益的批评,对保险代理人行为的投诉也日益增多。本研究旨在通过考察消费者对代理人提供的服务质量的看法以及区分活跃投保人和失效投保人作为忠诚度的衡量标准来实现关键目标。本研究还试图构建一个模型,以信息不对称作为调节变量,描述服务质量对消费者满意度和忠诚度的影响。本研究采用横截面研究设计,通过向 PAYDI 保险消费者发放电子问卷收集数据。在选择参与者时采用了有目的抽样法,最终有 159 名受访者符合研究标准。数据分析采用了偏最小二乘法结构方程模型(PLS-SEM)。这些发现强调了代理商的可靠性和同理心对消费者满意度的重要影响,而信息不对称则是满意度和忠诚度之间的关键调节因素。这些结果表明,加强对代理人在可靠性和移情方面的培训,并努力将信息不对称降到最低,可以显著提高保险行业消费者的满意度和忠诚度。这项研究建议,公司应为代理人制定关键绩效指标(KPI)和激励措施,以加强客户获取和购后服务,确保透明的信息共享,并设定可衡量的满意度目标,如净促进者得分(NPS)。今后的研究应重点关注业务多样性和公司的替代代用指标。
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引用次数: 0
Enhancing Unit-linked Insurance Consumer Loyalty: The Role of Service Quality, Information Asymmetry, and Agent Marketing Strategies 提高投连险消费者忠诚度:服务质量、信息不对称和代理人营销策略的作用
Pub Date : 2024-02-09 DOI: 10.29244/jcs.9.1.142-162
Edi Yoga Prasetyo, U. Sumarwan, Nur Hasanah
Unit-linked insurance (PAYDI), Indonesia's top-selling life insurance product, has driven industrial growth in the last two decades through effective agent marketing. However, its complexity, blending protection, and investment have drawn criticism for consumers’ detriment and increasing complaints about insurance agent practices. This study aimed to achieve critical objectives by examining consumer perceptions of agent-provided service quality and distinguishing between active and lapsed policyholders as a measure of loyalty. It also seeks to construct a model that delineates the impact of service quality on consumer satisfaction and loyalty with information asymmetry as a moderating variable. This study used a cross-sectional research design, and gathered data through electronic questionnaires distributed to PAYDI insurance consumers. Purposive sampling was used to select participants, resulting in 159 respondents meeting the study’s criteria. Data analysis was conducted using Partial Least Squares Structural Equation Modelling (PLS-SEM). These findings underscore the critical influence of agent reliability and empathy on consumer satisfaction with information asymmetry emerging as a key moderator between satisfaction and loyalty. These results imply that reinforcing agent training in reliability, empathy, and efforts to minimize information asymmetry significantly enhances consumer satisfaction and loyalty in the insurance sector. This research suggests that companies should develop a Key Performance Indicator (KPI) and incentives for agents to enhance both customer acquisition and post-purchase services, ensure transparent information sharing, and set measurable satisfaction targets such as the Net Promoter Score (NPS). Future studies should focus on operational diversity and alternative proxies of firms.
单位挂钩保险(PAYDI)是印尼最畅销的人寿保险产品,在过去二十年中通过有效的代理人营销推动了行业增长。然而,该产品的复杂性、保障与投资的混合性却招致了损害消费者利益的批评,对保险代理人行为的投诉也日益增多。本研究旨在通过考察消费者对代理人提供的服务质量的看法以及区分活跃投保人和失效投保人作为忠诚度的衡量标准来实现关键目标。本研究还试图构建一个模型,以信息不对称作为调节变量,描述服务质量对消费者满意度和忠诚度的影响。本研究采用横截面研究设计,通过向 PAYDI 保险消费者发放电子问卷收集数据。在选择参与者时采用了有目的抽样法,最终有 159 名受访者符合研究标准。数据分析采用了偏最小二乘法结构方程模型(PLS-SEM)。这些发现强调了代理商的可靠性和同理心对消费者满意度的重要影响,而信息不对称则是满意度和忠诚度之间的关键调节因素。这些结果表明,加强对代理人在可靠性和移情方面的培训,并努力将信息不对称降到最低,可以显著提高保险行业消费者的满意度和忠诚度。这项研究建议,公司应为代理人制定关键绩效指标(KPI)和激励措施,以加强客户获取和购后服务,确保透明的信息共享,并设定可衡量的满意度目标,如净促进者得分(NPS)。今后的研究应重点关注业务多样性和公司的替代代用指标。
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引用次数: 0
The Impulsive Buying Behavior of H&M Products in Gen-Z: The Role of Income and Self-Esteem Z 世代对 H&M 产品的冲动性购买行为:收入和自尊的作用
Pub Date : 2024-01-31 DOI: 10.29244/jcs.9.1.122-141
Nastasya Ryoko Bonang Tessy, Setiasih Setiasih
Generation Z is currently the largest consumer in Indonesia; thus their values and priorities could lead to changes in consumption patterns and societal norms. This study examined the influence of income, self-esteem, and impulsive buying behavior of H&M products in Gen-Z. This research was conducted using a quantitative cross-sectional with a predictive design. Research respondents were obtained through a non-random accidental sampling of 374 Gen-Z who had made unplanned purchases of clothes from the H&M brand at least once in the past month. Data analysis was performed using correlation and multiple regression tests. The results showed that income and self-esteem could be used as predictors of impulse buying behavior. However, the income itself showed no contribution when self-esteem was controlled. Research implies that monitoring self-esteem and using interventions to increase self-esteem could help control impulse buying behavior that individuals, especially Gen-Z, usually do.
Z 世代是印尼目前最大的消费者,因此他们的价值观和优先事项可能会导致消费模式和社会规范发生变化。本研究探讨了收入、自尊和冲动性购买 H&M 产品行为对 Z 世代的影响。本研究采用定量横截面预测设计。研究对象是通过对 374 名在过去一个月中至少有一次计划外购买 H&M 品牌服装的 "新新人类 "进行非随机抽样获得的。数据分析采用了相关检验和多元回归检验。结果显示,收入和自尊可作为冲动购买行为的预测因素。然而,在控制自尊的情况下,收入本身并无影响。研究表明,监控自尊和采取干预措施提高自尊有助于控制个人(尤其是 Z 世代)通常会出现的冲动性购买行为。
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引用次数: 0
Purchasing Decisions and Consumer Preferences of Millennials and Zoomers at Coffee Shops 千禧一代和中产阶级在咖啡店的购买决策和消费偏好
Pub Date : 2024-01-31 DOI: 10.29244/jcs.9.1.102-121
Y. N. Muflikh, Depicha Zambustya Zamborita, Al-May Abyan Izzy Burhani
The transformational era has given rise to a new generation that is presumed to have different preferences than the previous generation. The proliferation of coffee shops has expanded consumer alternatives for purchasing decisions. This research aims to identify and segment Millennial and Zoomer consumers based on demographic, behavioral, and psychographic characteristics in the purchase of coffee beverages at coffee shops. The research employed a non-probability sampling method, specifically judgmental sampling, with a sample size of 180 coffee shop consumers in Madiun City.  The data were analyzed using descriptive statistics, independent sample t-tests, and K-means clustering. The research findings indicate that millennials and Zoomer consumers tend to be dominated by females, mostly visiting once a week for leisure and prioritizing taste quality. There are significant differences between Millennial and Zoomer consumers in terms of promotional media attributes, WiFi/power outlet availability, live music entertainment, ordering process, and payment options. Based on consumer segmentation analysis, three segments were identified: coffee enthusiasts, adventurous coffee connoisseurs, and consumers who prioritize coffee beverage quality. The managerial implications for coffee shops involve directing marketing strategies specifically towards the adventurous taste segment and emphasizing quality by prioritizing innovation and differentiation in serving high-quality coffee beverages.
转型时代催生了新的一代人,他们的喜好被认为与上一代人不同。咖啡店的激增扩大了消费者购买决策的选择范围。本研究旨在根据消费者在咖啡店购买咖啡饮品时的人口、行为和心理特征,对千禧一代和 Zoomer 消费者进行识别和细分。研究采用了非概率抽样法,特别是判断抽样法,样本量为马迪恩市 180 名咖啡店消费者。 数据分析采用了描述性统计、独立样本 t 检验和 K 均值聚类。研究结果表明,"千禧一代 "和 "Zoomer "的消费者往往以女性为主,她们大多每周去一次咖啡店休闲,并把口味质量放在首位。千禧一代和 Zoomer 消费者在宣传媒体属性、WiFi/电源插座可用性、现场音乐娱乐、点餐流程和付款方式等方面存在明显差异。根据消费者细分分析,确定了三个细分群体:咖啡爱好者、喜欢冒险的咖啡鉴赏家和注重咖啡饮料质量的消费者。这对咖啡店的管理启示包括:将市场营销战略特别针对具有冒险精神的消费者,并通过优先考虑提供高品质咖啡饮料的创新和差异化来强调质量。
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引用次数: 0
Analysis of Marketing Mix and MSME Loan Distribution Strategies at Bank Tabungan Negara 国民银行的营销组合和中小微企业贷款分配策略分析
Pub Date : 2024-01-31 DOI: 10.29244/jcs.9.1.63-81
Rifki Salman Alfarizy, Idqan Fahmi, M. Santoso
Bank Tabungan Negara (BTN), a state-owned company, is committed to the government to expand access to capital for all MSMEs. Bank BTN MSME, loan distribution performance, is still low and unable to meet the targets set by the government and regulators, so further studies need to be carried out through market research. This research aims to analyze the marketing mix on the decision to use BTN MSME loan products and formulate loan distribution strategies by improving the marketing mix in connection with the low performance of Bank BTN's MSME loan distribution. The sampling technique used convenience sampling involving 100 respondents, who were then analyzed using SEM-PLS and Importance Performance Analysis (IPA) matrix to determine priorities for improving the marketing mix. The results show a significant effect of the marketing mix variables product, price, place, promotion, people, and process on the decision to use a BTN MSME loan, while the physical evidence does not have a significant effect. There are five indicators of marketing mix variables that take in the high-priority quadrant of the IPA Matrix: price suitability, price affordability, processing time, convenience, and online channels. Based on research results, Bank BTN is advised to prioritize improvement strategies on these five variable indicators to increase BTN MSME loan distribution. 
国民银行(BTN)是一家国有企业,致力于为政府扩大所有中小微企业获得资金的渠道。BTN 中小微企业银行的贷款发放绩效仍然较低,无法达到政府和监管机构设定的目标,因此需要通过市场调研开展进一步研究。本研究旨在分析营销组合对使用 BTN 中小微企业贷款产品决策的影响,并针对 BTN 中小微企业贷款发放绩效较低的问题,通过改进营销组合来制定贷款发放策略。抽样技术采用便利抽样,涉及 100 名受访者,然后使用 SEM-PLS 和重要性绩效分析(IPA)矩阵对受访者进行分析,以确定改进营销组合的优先次序。结果显示,营销组合变量产品、价格、地点、促销、人员和流程对使用 BTN 中小微企业贷款的决策有显著影响,而实物证据没有显著影响。在 IPA 矩阵的高优先象限中,营销组合变量有五个指标:价格适宜性、价格可承受性、办理时间、便利性和在线渠道。根据研究结果,建议 BTN 银行优先改进这五个变量指标,以增加 BTN 中小微企业贷款的发放。
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引用次数: 0
Tour Company’s Service Quality and Tourists’ Revisit Intention in Arusha Region Tourist Destinations 阿鲁沙地区旅游目的地的旅游公司服务质量与游客重游意向
Pub Date : 2024-01-31 DOI: 10.29244/jcs.9.1.1-21
Dioscory Majaliwa, C. Magasi
This study investigated the effect of tour companies’ service quality on tourists’ intention to revisit tourism destinations in the Arusha region. The general objective of this study is to examine the effect of tour companies’ service quality on tourists’ revisit intentions in Arusha tourist destinations. This study used a cross-sectional research design and employed a survey as the data-collection method. Respondents were selected using simple random sampling; 384 respondents were included in this study. Questionnaires were used to collect data from respondents at Arusha tourist destinations. Data were analyzed using descriptive statistics and a binary logistic regression model. The findings revealed that tangibles, responsiveness, and assurance had positive indices, implying that tourists were delighted by the service provided. The study establishes a positive relationship between tangibles, responsiveness, and assurance dimensions and tourists' revisit intentions, with a specific emphasis on the statistically significant connections of tangibles and responsiveness at p < 0.05, emphasizing the need to enhance these aspects to promote repeat visits to Arusha tourist destinations. However, assurance was found to have an insignificant relationship with tourists’ intentions to revisit. Therefore, tour companies, government entities, and tourism authorities should focus on improving tangibles and responsiveness dimensions to enhance tourists' intention to revisit.
本研究调查了旅游公司的服务质量对游客重游阿鲁沙地区旅游目的地意愿的影响。本研究的总体目标是探讨旅游公司的服务质量对游客重游阿鲁沙旅游目的地意愿的影响。本研究采用横断面研究设计,并使用调查作为数据收集方法。受访者采用简单随机抽样法选出,共有 384 名受访者参与本研究。调查问卷用于收集阿鲁沙旅游目的地受访者的数据。数据分析采用了描述性统计和二元逻辑回归模型。研究结果显示,有形性、响应性和保证性指数为正,这意味着游客对所提供的服务感到满意。研究确定了有形因素、响应度和保证度与游客重游意向之间的正相关关系,特别强调了有形因素和响应度在统计学上的显著联系(P < 0.05),强调了加强这些方面以促进游客重游阿鲁沙旅游目的地的必要性。然而,研究发现,"保证 "与游客的重游意向关系不大。因此,旅游公司、政府机构和旅游主管部门应着重改善有形因素和响应能力,以提高游客的重游意愿。
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引用次数: 1
Improving The E-Satisfaction and E-Loyalty Based on E-Trust and E-Service Quality on Shopee Customer 基于电子信任和电子服务质量提高 Shopee 客户的电子满意度和电子忠诚度
Pub Date : 2024-01-31 DOI: 10.29244/jcs.9.1.22-39
Dila Ayu Ramanda Kuska, Heri Wijayanto, Adi Santoso
The lack of consumer disloyalty in the shopping process, especially amid Shopee's dominance as a market leader, is the focal point of this research. Shopee managed to achieve top rankings in shaping customer loyalty in the online marketplace. This study aimed to identify several factors that affect customer loyalty on the Shopee platform through trust, good service at Shopee, and satisfaction. Considers related to the important role e-satisfaction plays as a mediating variable in understanding the impact of e-trust and e-service quality on Shopee customer loyalty. A quantitative research design was used, with 100 respondents receiving a questionnaire via Google Form, using simple random sampling techniques in data collection. Data analysis was performed through Structural Equation Modeling (SEM) using the SMART PLS application. Research findings show that the impact of e-trust on Shopee consumer loyalty is quite significant and that the quality of e-service also significantly impacts Shopee customer e-loyalty. In contrast, e-satisfaction is a mediator that significantly affects customers’ e-loyalty levels. Managers must focus on improving the quality of e-services for customer satisfaction. This can include continuous measurement and improvement in website consistency, response speed, and information availability.
消费者在购物过程中缺乏忠诚度,尤其是在Shopee作为市场领导者占据主导地位的情况下,是本研究的重点。Shopee 在塑造在线市场客户忠诚度方面名列前茅。本研究旨在通过信任、Shopee 的良好服务和满意度,找出影响客户对 Shopee 平台忠诚度的几个因素。在理解电子信任和电子服务质量对 Shopee 客户忠诚度的影响时,考虑了电子满意度作为中介变量所发挥的重要作用。本研究采用定量研究设计,通过谷歌表格向 100 名受访者发放问卷,在数据收集过程中使用了简单随机抽样技术。数据分析采用 SMART PLS 应用程序,通过结构方程模型(SEM)进行。研究结果表明,电子信任对 Shopee 消费者忠诚度的影响相当显著,电子服务质量对 Shopee 客户的电子忠诚度也有显著影响。相比之下,电子满意度是显著影响顾客电子忠诚度的中介因素。管理者必须集中精力提高电子服务质量,让顾客满意。这可以包括对网站一致性、响应速度和信息可用性的持续测量和改进。
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引用次数: 0
The The Influence of Knowledge and Risk Perception on Food Label Reading Behavior among Adolescents in Rural and Urban Areas of Bogor 茂物城乡地区青少年的食品标签知识和风险认知对食品标签阅读行为的影响
Pub Date : 2024-01-31 DOI: 10.29244/jcs.9.1.82-101
Rengganis Novyanti Hajijah, R. Retnaningsih
Reading food labels is one way consumers learn about the products they buy. This study determined the influence of knowledge and risk perception on food label reading behavior among adolescents in rural and urban Bogor. This study had a cross-sectional design. Purposive sampling was used to gather 132 participants, including 66 adolescents in rural areas and 66 adolescents in urban areas. The results showed that more than half of the participants had moderate knowledge of food labeling. The knowledge of the rural and urban samples was the same. Operational risk was the most perceived risk for both the rural and urban samples. There were no significant differences in all dimensions of risk perception between rural and urban youths. The average food label reading behavior score in rural areas was higher than that in urban areas. Psychological risk perception influences food label-reading behavior in rural areas. Overall, functional risk perception influenced food label-reading behavior. Based on these results, it is necessary to increase education on the importance of food labels to build good risk perception so that food label reading behavior increases.
阅读食品标签是消费者了解所购产品的一种方式。本研究确定了知识和风险认知对茂物城乡青少年食品标签阅读行为的影响。本研究采用横断面设计。通过有目的的抽样,收集了 132 名参与者,包括 66 名农村青少年和 66 名城市青少年。结果显示,半数以上的参与者对食品标签有一定的了解。农村和城市样本的知识水平相同。操作风险是农村和城市样本中认知度最高的风险。农村和城市青少年在风险认知的各个方面都没有明显差异。农村地区的食品标签阅读行为平均得分高于城市地区。心理风险认知影响农村地区的食品标签阅读行为。总体而言,功能性风险认知影响食品标签阅读行为。基于这些结果,有必要加强关于食品标签重要性的教育,以建立良好的风险认知,从而提高食品标签阅读行为。
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引用次数: 0
The Role of 7P Marketing Mix toward Consumer Satisfaction and Loyalty of XYZ Beauty Clinic 7P 营销组合对 XYZ 美容诊所消费者满意度和忠诚度的作用
Pub Date : 2024-01-31 DOI: 10.29244/jcs.9.1.40-62
Ade Agusti Alwinie, Popong Nurhayati, B. Sartono
The XYZ Beauty Clinic has many branches throughout Indonesia, including the Metropolitan Mall (MM) Bekasi branch, which has been established since 2011. Over time, the XYZ MM Clinic has faced various challenges, such as a decrease in the frequency of customer visits. This study aims to analyze consumer perceptions, factors that affect consumer satisfaction and loyalty, and the level of satisfaction and loyalty of XYZ Beauty Clinic consumers. The study used a cross-sectional design. The sampling technique used purposive sampling involving 152 respondents who were at least 17 years old and had visited at least twice in the last year. Data were processed quantitatively using SEM-PLS, Customer Satisfaction Index (CSI), and Customer Loyalty Index (CLI) to test the hypotheses and measure the level of consumer satisfaction and loyalty. The results indicated that consumer perception with low satisfaction and low loyalty are consumers who work as entrepreneurs, consumers who earn less than 5 million a month, as well as consumers who live in Tangerang and Bogor. The marketing mix that affects consumer satisfaction includes product, promotion, process, people, and physical evidence. Customer satisfaction affects customer loyalty. The level of customer satisfaction shows satisfactory results and the level of customer loyalty shows loyal results. Based on the research results, clinics are advised to prioritize consumer groups with low perceptions of satisfaction
XYZ 美容诊所在印度尼西亚各地设有多家分店,其中包括 2011 年成立的 Metropolitan Mall (MM) Bekasi 分店。随着时间的推移,XYZ MM 诊所面临着各种挑战,如顾客光顾频率下降。本研究旨在分析消费者的看法、影响消费者满意度和忠诚度的因素,以及 XYZ 美容诊所消费者的满意度和忠诚度水平。研究采用横截面设计。抽样技术采用目的性抽样,涉及 152 名至少年满 17 岁且在过去一年中至少光顾过两次的受访者。研究使用 SEM-PLS、顾客满意度指数(CSI)和顾客忠诚度指数(CLI)对数据进行定量处理,以检验假设并衡量消费者的满意度和忠诚度水平。结果表明,满意度和忠诚度较低的消费者是企业家、月收入低于 500 万的消费者以及居住在丹吉尔和茂物的消费者。影响消费者满意度的营销组合包括产品、促销、流程、人员和实物证据。顾客满意度会影响顾客忠诚度。顾客满意度的高低显示了满意的结果,而顾客忠诚度的高低则显示了忠诚的结果。根据研究结果,建议诊所优先考虑满意度较低的消费群体。
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引用次数: 0
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Journal of Consumer Sciences
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