This document summarizes a research study that analyzed the influence of brand image, service quality, and trust on customer satisfaction and loyalty for PT PrismaHarapan, an Indonesian advertising company. The study surveyed 121 customers and used structural equation modeling to analyze the data. The results showed that brand image, service quality, and trust all had a significant positive effect on customer satisfaction and loyalty. Specifically, higher levels of brand image, service quality, and trust led to greater customer satisfaction, which then led to greater customer loyalty. The conclusion was that customer satisfaction acts as a mediating variable between these three factors and customer loyalty.
This study aims to examine and analyze the effect of service quality and customer satisfaction on the
loyalty that is mediated by customer trust. Respondents were 92 customers. The analytical tool used is path
analysis. The results showed that service quality and customer satisfaction affect customer loyalty of PT Bank
Pembangunan Daerah East Java Tbk
The purpose of this study is to find out how service quality, brand image, and product quality
affect customer loyalty through customer satisfaction. This study is a census-based study, the object of research
used in this study were 100 respondents
Effect of Satisfaction on Customer Loyalty in Bimbel Tiki Taka Bekasi IndonesiaIJAEMSJORNAL
This study aims to determine whether there is influence on customer loyalty limb bimbelTiki Taka Harapan Indah Bekasi and how much influence on loyalty customers.The research was conducted at the Tiki Taka Harapan Indah Bekasi. The method used is the library reseach and field reseach data collection using questionnaires with a population of 45 people from the total number of parents enrolled students, obtained a sample of 31 people. The result of linear regression test is a = 20,55, b = 0,57, y = 20,55 + 0,57x. The result of correlation coefficient is r = 0.57. The percentage of influence satisfaction on customer loyalty amounted to 32.49% while the rest of 67.51% influenced by other factors not involved in this study.Test t count 3.74 and t table for n = 31 with degrees of freedom (dk) is n-2 = 29 with error rate 5% (0.05) is 2.045. From the above value is known that t arithmetic 3.74> of t table 2.045 then Ha accepted and Ho rejected. It means that based on data research results then there is Influence between satisfaction with customer loyalty at BimbelTiki Taka Harapan Indah Bekasi.
Build Customer Loyalty with CRM and Brand Image (Case Study on Giant Citra Raya)IOSRJBM
Giant Customer Citra Raya Tangerang over the last five years (2011-2015), had a significant decrease. The decrease is due to customers by many factors including the quality of kerelasian with customers (CRM) is not good and the products or services on offer does not corresponds to the expectations of customers, so the Brand Image decreased. The sampling method non-probability sampling (samples are not random). The sampling technique accidental sampling (how unintentional), where researchers have the freedom to choose who sampled according to the requirements of the existing population. The research method is a survey method. Customers population average of 2,070,823 / 12/30 = 5752 per day, with a sample of 152 respondents Slovin method. Method of quantitative analysis by means of multiple linear regression analysis followed by analysis test of determination (R Square), testing the hypothesis partially (t test) and simultaneous (test F) the error tolerance level of 5 percent. The results of the research that CRM and Brand Image positive and significant impact on the Customer Loyalty, either partially or simultaneously. Cusomer Loyalty can be built with CRM and brand image, the better CRM and Brand Image in perceived by customers the more loyal customers at Giant Citra Raya. CRM and Brand Image can explain Customer Loyalty at 71.8 percent was 28.1 percent in perngaruhi sebsar other variables.
This study aims to examine and analyze the effect of service quality and customer satisfaction on the
loyalty that is mediated by customer trust. Respondents were 92 customers. The analytical tool used is path
analysis. The results showed that service quality and customer satisfaction affect customer loyalty of PT Bank
Pembangunan Daerah East Java Tbk
The purpose of this study is to find out how service quality, brand image, and product quality
affect customer loyalty through customer satisfaction. This study is a census-based study, the object of research
used in this study were 100 respondents
Effect of Satisfaction on Customer Loyalty in Bimbel Tiki Taka Bekasi IndonesiaIJAEMSJORNAL
This study aims to determine whether there is influence on customer loyalty limb bimbelTiki Taka Harapan Indah Bekasi and how much influence on loyalty customers.The research was conducted at the Tiki Taka Harapan Indah Bekasi. The method used is the library reseach and field reseach data collection using questionnaires with a population of 45 people from the total number of parents enrolled students, obtained a sample of 31 people. The result of linear regression test is a = 20,55, b = 0,57, y = 20,55 + 0,57x. The result of correlation coefficient is r = 0.57. The percentage of influence satisfaction on customer loyalty amounted to 32.49% while the rest of 67.51% influenced by other factors not involved in this study.Test t count 3.74 and t table for n = 31 with degrees of freedom (dk) is n-2 = 29 with error rate 5% (0.05) is 2.045. From the above value is known that t arithmetic 3.74> of t table 2.045 then Ha accepted and Ho rejected. It means that based on data research results then there is Influence between satisfaction with customer loyalty at BimbelTiki Taka Harapan Indah Bekasi.
Build Customer Loyalty with CRM and Brand Image (Case Study on Giant Citra Raya)IOSRJBM
Giant Customer Citra Raya Tangerang over the last five years (2011-2015), had a significant decrease. The decrease is due to customers by many factors including the quality of kerelasian with customers (CRM) is not good and the products or services on offer does not corresponds to the expectations of customers, so the Brand Image decreased. The sampling method non-probability sampling (samples are not random). The sampling technique accidental sampling (how unintentional), where researchers have the freedom to choose who sampled according to the requirements of the existing population. The research method is a survey method. Customers population average of 2,070,823 / 12/30 = 5752 per day, with a sample of 152 respondents Slovin method. Method of quantitative analysis by means of multiple linear regression analysis followed by analysis test of determination (R Square), testing the hypothesis partially (t test) and simultaneous (test F) the error tolerance level of 5 percent. The results of the research that CRM and Brand Image positive and significant impact on the Customer Loyalty, either partially or simultaneously. Cusomer Loyalty can be built with CRM and brand image, the better CRM and Brand Image in perceived by customers the more loyal customers at Giant Citra Raya. CRM and Brand Image can explain Customer Loyalty at 71.8 percent was 28.1 percent in perngaruhi sebsar other variables.
Impact of Service Quality on Customer Loyalty of Domestic Pumpspaperpublications3
Abstract: Service quality deals with the customer expectation and actual treatment. Better the service quality, higher will be the customer satisfaction. This can gain more and more customers and more loyal customers. The major advantage of loyal customers is that these customers will not leave because of any small reason or any minor fluctuations in company’s performance. This study is restricted to a single product domestic pump and will investigate the role of service quality in creating loyal customers.
Keywords: Service quality, Customer loyalty, Domestic pumps.
Title: Impact of Service Quality on Customer Loyalty of Domestic Pumps
Author: FAZEEN RASHEED A K
ISSN 2349-7807
International Journal of Recent Research in Commerce Economics and Management (IJRRCEM)
Paper Publications
E-customer loyalty in gamified trusted store platforms: a case study analysis...journalBEEI
Customer satisfaction, trust, and loyalty are the three most fundamental elements of e-marketing. Previous researchers have noted that satisfaction is a key factor in commanding loyalty. However, the relationship between satisfaction, trust, and loyalty is strongly dependent on the type of platform provided by digital stores. On the other hand, gamification in E-businesses has grown rapidly in recent years. In this context, it is necessary to explore the effects of gamification on e-customer satisfaction and loyalty. In this paper, it is argued that customer satisfaction alone cannot inspire loyalty. Simply speaking, customers’ satisfaction with gamified services can lead to developing trust and, in turn, loyalty. This research also presents a thorough review of the effect of store-related motivational factors, such as gamification, on trust. These factors include moderator and mediator variables. The hypotheses of this study are considered in the context of one of the largest online retail stores in Iran which enjoys a large market share in the Middle East. To this end, Lawshe content validity ratio is utilized and expert opinions are applied to the proposed model. Evaluation results, obtained through the smartPLS, established the robustness of our modeling in terms of reliability analysis, significance level analysis, discriminant validity analysis, coefficient of determination, model fitting, and cross-validation.
Marketing Mix and Service Quality Effect on Customer Satisfaction and Loyalty...QUESTJOURNAL
ABSTRACT: This study aims to test and empirical analysis the marketing mix and service quality effect on customer satisfaction and customer loyalty, research was conducted in 26 branches in Sulawesi a population of about 16 212 customers of PT. HadjiKalla in Sulawesi who purchase Toyota cars for 2015 with a sample of 390 customers. The results of the analysis of structural equation modelusing AMOS version 20 provide evidence that marketing mix has a positive and significant effect on customer satisfaction and customer loyalty. Service quality is positive and significant effect on customer satisfaction, but insignificant effect on customer loyalty. Customer satisfaction has a positive and significant effect on customer loyalty. Marketing mix and service quality has a significant on customer loyalty as a mediated customer satisfaction. The practical implication of this study provide increased knowledge and understanding of the customer and the company's management in Sulawesi in increasing customer loyalty through marketing mix, service quality and customer satisfaction. Limitations of this study on a sample size using only the customers car brands Toyota and just carried on Sulawesi area that may limit generalizability of the research findings. Originality of this study provide the basis for the development configuration modeling using structural equation model and conceptual models that prove marketing mix and service quality on customer loyalty as a mediated customer satisfaction in previous research done separately. The mediating role of customer satisfaction is proven to increase customer loyalty to the highway.
TO FIND OUT THE FACTORS INFLUENCING CUSTOMER SATISFACTION TOWARDS THE SERVICE...Suraj Patil
The chief importance this project is to know the about customer satisfaction and factors influencing to choose services provided by the IBHFL. The foremost thing is the company and its unit profile. Were work that was being carried out simultaneously was to know the current policies and system regarding services.
The Impact of Brand Image on the Customer Retention: A Mediating Role of Cust...inventionjournals
In modern time, researchers and practitioners in the field of marketing has paid enormous attention to brand. Currently, the brand is no longer a competent tool in the managers’ hands. Brand is a strategic requisite which helps companies to make more value to customers and also to build up sustainable competitive advantages. Successful brands increase trust in products and intangible services, and customer will be able to better visualize and identify their services. Brand image is the awareness of the product or services for the customer through which the image of the organization is built. Customer satisfaction is also linked with it and positively related with each other which are considered the important tool for marketing strategy. This paper examines the influence of brand image on customer retention under the mediation effect of customer satisfaction.
Impact of Service Quality on Customer Loyalty of Domestic Pumpspaperpublications3
Abstract: Service quality deals with the customer expectation and actual treatment. Better the service quality, higher will be the customer satisfaction. This can gain more and more customers and more loyal customers. The major advantage of loyal customers is that these customers will not leave because of any small reason or any minor fluctuations in company’s performance. This study is restricted to a single product domestic pump and will investigate the role of service quality in creating loyal customers.
Keywords: Service quality, Customer loyalty, Domestic pumps.
Title: Impact of Service Quality on Customer Loyalty of Domestic Pumps
Author: FAZEEN RASHEED A K
ISSN 2349-7807
International Journal of Recent Research in Commerce Economics and Management (IJRRCEM)
Paper Publications
E-customer loyalty in gamified trusted store platforms: a case study analysis...journalBEEI
Customer satisfaction, trust, and loyalty are the three most fundamental elements of e-marketing. Previous researchers have noted that satisfaction is a key factor in commanding loyalty. However, the relationship between satisfaction, trust, and loyalty is strongly dependent on the type of platform provided by digital stores. On the other hand, gamification in E-businesses has grown rapidly in recent years. In this context, it is necessary to explore the effects of gamification on e-customer satisfaction and loyalty. In this paper, it is argued that customer satisfaction alone cannot inspire loyalty. Simply speaking, customers’ satisfaction with gamified services can lead to developing trust and, in turn, loyalty. This research also presents a thorough review of the effect of store-related motivational factors, such as gamification, on trust. These factors include moderator and mediator variables. The hypotheses of this study are considered in the context of one of the largest online retail stores in Iran which enjoys a large market share in the Middle East. To this end, Lawshe content validity ratio is utilized and expert opinions are applied to the proposed model. Evaluation results, obtained through the smartPLS, established the robustness of our modeling in terms of reliability analysis, significance level analysis, discriminant validity analysis, coefficient of determination, model fitting, and cross-validation.
Marketing Mix and Service Quality Effect on Customer Satisfaction and Loyalty...QUESTJOURNAL
ABSTRACT: This study aims to test and empirical analysis the marketing mix and service quality effect on customer satisfaction and customer loyalty, research was conducted in 26 branches in Sulawesi a population of about 16 212 customers of PT. HadjiKalla in Sulawesi who purchase Toyota cars for 2015 with a sample of 390 customers. The results of the analysis of structural equation modelusing AMOS version 20 provide evidence that marketing mix has a positive and significant effect on customer satisfaction and customer loyalty. Service quality is positive and significant effect on customer satisfaction, but insignificant effect on customer loyalty. Customer satisfaction has a positive and significant effect on customer loyalty. Marketing mix and service quality has a significant on customer loyalty as a mediated customer satisfaction. The practical implication of this study provide increased knowledge and understanding of the customer and the company's management in Sulawesi in increasing customer loyalty through marketing mix, service quality and customer satisfaction. Limitations of this study on a sample size using only the customers car brands Toyota and just carried on Sulawesi area that may limit generalizability of the research findings. Originality of this study provide the basis for the development configuration modeling using structural equation model and conceptual models that prove marketing mix and service quality on customer loyalty as a mediated customer satisfaction in previous research done separately. The mediating role of customer satisfaction is proven to increase customer loyalty to the highway.
TO FIND OUT THE FACTORS INFLUENCING CUSTOMER SATISFACTION TOWARDS THE SERVICE...Suraj Patil
The chief importance this project is to know the about customer satisfaction and factors influencing to choose services provided by the IBHFL. The foremost thing is the company and its unit profile. Were work that was being carried out simultaneously was to know the current policies and system regarding services.
The Impact of Brand Image on the Customer Retention: A Mediating Role of Cust...inventionjournals
In modern time, researchers and practitioners in the field of marketing has paid enormous attention to brand. Currently, the brand is no longer a competent tool in the managers’ hands. Brand is a strategic requisite which helps companies to make more value to customers and also to build up sustainable competitive advantages. Successful brands increase trust in products and intangible services, and customer will be able to better visualize and identify their services. Brand image is the awareness of the product or services for the customer through which the image of the organization is built. Customer satisfaction is also linked with it and positively related with each other which are considered the important tool for marketing strategy. This paper examines the influence of brand image on customer retention under the mediation effect of customer satisfaction.
The Gap of Hospital Service Performance By Using Service Quality Analysisiosrjce
IOSR Journal of Computer Engineering (IOSR-JCE) is a double blind peer reviewed International Journal that provides rapid publication (within a month) of articles in all areas of computer engineering and its applications. The journal welcomes publications of high quality papers on theoretical developments and practical applications in computer technology. Original research papers, state-of-the-art reviews, and high quality technical notes are invited for publications.
Impact of loyalty programs in retailing business in India for creating long t...Love Suryavanshi
There has been a revolution during the last three decades in the Retail Industry, especially in India. Customer Relationship programs have been taken as the strategy to attract customer for repeat purchase as well to up-sell and cross-sell to the existing customers at lower cost than attracting the new ones. Working with customer care the company hopes to create satisfied and loyal customers. Under the loyalty program companies are offering different kind of benefits to the customer. Gift cards, frequent purchase program, point program, rewards, offers, Schemes, value added services etc are lucrative content of loyalty programs.
This is my college Research Project for M.Com.
Customer Satisfaction in Reference to Asian Paints ltd.
by: Reeha(Ayesha) V.Shaikh, M.com in Buss. Admin., Pune University , India.
Similar to Influence of Brand Images, Service Quality, Trust on Customer Satisfaction and Customer Loyality (20)
Many countries have seen the importance of financial education by making financial
education a national strategy. In Vietnam, although the National Strategies for Inclusive Financial
Education has been proposed since 2017 and officially included in the National Financial Inclusion
Strategy in 2020, however, financial education is still quite new, and many people are not aware of
the necessity of financial l
Today, in the rapidly emerging globalization process, increasing the competitiveness of enterprises
depends on increasing of their firm performance. Although there are many methods and techniques affecting
firm performance, Information technology (IT) capabilities has become one of the most widely used method,
especially in dealing with supply chain matters of a firm. The aim of our study is to express whether innovation
and organization learning is effective as intermediate variable to the effects of IT capabilities at firm’s
performance. The opinion which claim
Globally, the number of startup companies has rapidly expanded during the last 5-8 years. Offering
products and/or services that greatly enhance the lives of its clients is a major focus for these firms. In India,
local and federal government initiatives have provided new enterprises and entrepreneurs with much
momentum and assistance, helping India become the world's top startup location. The Government of India
(GOI) launched the "Startup India" campaign in 2015 to promote entrepreneurship and support businesses to
achieve this goal (Babu, S., Sridevi, K.,2019). An IBM Center for Business Value and Oxford Economics study
in 2018 found that 90% of Indian companies fail within the first five years of operation. Potential difficulties
that startups may run across, both generally and specifically in the Indian market, have been described by
several authors.
Behaviour finance is the study of how psychological phenomena affect financial behaviour. This
financial science is used in making financial decisions. Amid the development of the digital economy, paylater
innovation has emerged. It is feared that the ease of use of paylater can have a negative impact, one of which is
the attitude of impulsive buying. This research will analyze the effect of financial literacy, self-control, risk
perception, and percieved ease of use on impulsive buying behaviour. This research is based on Decision Affect
Theory, which is a theory that discusses financial decision behaviour that is influenced by self-emotion. This
research is uses purposive sampling wi
Improving the business environment is one of the key strategies to promote local and regional
economic development. However, which factors affect the business environment of the provinces is still
controversial. Using survey data from 400 investors and managers and a multivariate regression analysis
method, this study has identified the factors affecting the business environment of Hai Phong province. The
analysis results show that there are 09 factors affecting the business environment of Hai Phong City, including
entry costs, land access and tenure, transparent, informal charges, time cost, pro-activeness, business support
services, labor training and legal institutions. In
The effect of work attitude and innovation ability on employee innovation performance is of great
significance for improving the innovation ability of manufacturing enterprises and building an "Innovative
Country" in China.This article theoretical analysis was conducted on the mechanism by which the work attitude
of employees in manufacturing enterprises affects innovation performance and the mediating mechanism of
innovation ability. Based on data from Chinese manufacturing enterprises, empirical analysis was conducted
using SEM models. Resear
The concept of organizational resilience continues to grow in focus and importance, but there
has yet to be an agreed upon measure of organizational resilience. Organizational resilience can be seen as a
corporation’s ability to adapt to change and maintain flexibility within their supply chain. Resilience and
flexibility at all organizational levels is necessary, in a proactive manner, to turn resilience into a competitive
advantage
In this paper, by using the basic method of differential geometry, combined with the optimization
theory and the basic technique of data analysis, the definition, basic properties and statistical characteristics of
nonlinear correlation coefficients on manifolds are studied and given, test the rationality and validity of the
nonlinear correlation coefficient defined in this paper. Therefore, the study of this paper has certain theoretical
value and potential practical significance.
This study aims to analyze and prove whether there is a positive and significant influence
between product quality and poki prices on purchasing decisions for Kobba brand coffee. The survey was
conducted using 53 respondents who were buyers who had purchased Kobba brand coffee more than once.
Information from respondents was obtained through a list of questions that were sent and returned by
respondents
In this paper, we introduce a universal framework for mean-distortion robust risk measurement and
portfolio optimization. We take accounts for the uncertainty based on Gelbrich distance and another uncertainty
set proposed by Delage & Ye. We also establish the model under the constraints of probabilistic safety
criteria and compare the different frontiers and the investment ratio to each asset. The empirical analysis in the
final part explores the impact of different parameters on the model results.
Despite the attainment of the famous Millennium Development Goals (MDGs) of reducing the number
of poor people across the globe a significant number still live below the poverty line. The problem of poverty is
more endemic in developing countries like Nigeria. Several intervention efforts have been in place to address
the poverty question which persists partly due to serious financial exclusion and unethical activities of informal
finance providers.
The focus of this research was to establish the effect of entrepreneurship Ecosystem in inculcating
entrepreneurial propensity for community development. Promotion of entrepreneurship in Kenya has existed
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Government have channelled financial support through funding such as Women Enterprise fund, Youth
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In this paper, we consider an AAI with two types of insurance business with p-thinning dependent
claims risk, diversify claims risk by purchasing proportional reinsurance, and invest in a stock with Heston
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experiments to obtain a realistic economic interpretation. The model as well as the results in this paper are a
generalization and extension of the results of existing studies.
:Textiles and clothing are a fundamental part of everyday life and an important sector in the global
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In this paper, we construct a Credit Default Swap pricing model for default recovery rates under
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analysis is conducted, and the results show that the model constructed in this paper is reasonable and efficient
The closures of schools, colleges, and universities in many countries worldwide during the COVID19 pandemic have reshaped every aspect of our normal lives and educational experience. As a result of
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Even though economists and academics have been studying money laundering for many years, there
are still gaps in the research because there is a dearth of trustworthy data on the activity as well as an absence
of specific sources and methods of collection in government-based reporting. The Walker-Unger gravity model
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launderers with Russian bases consistently preferred certain countries as their destination
This study will establish a scientific foundation for analyzing and assessing the development of
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Solar photovoltaic systems are becoming essential in renewable energy sources to help reduce
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The objective of this research is 1) to study social media usage behavior of the elderly and 2) to
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More from International Journal of Business Marketing and Management (IJBMM) (20)
Business Valuation Principles for EntrepreneursBen Wann
This insightful presentation is designed to equip entrepreneurs with the essential knowledge and tools needed to accurately value their businesses. Understanding business valuation is crucial for making informed decisions, whether you're seeking investment, planning to sell, or simply want to gauge your company's worth.
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[Note: This is a partial preview. To download this presentation, visit:
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Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
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1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
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To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
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As a business owner in Delaware, staying on top of your tax obligations is paramount, especially with the annual deadline for Delaware Franchise Tax looming on March 1. One such obligation is the annual Delaware Franchise Tax, which serves as a crucial requirement for maintaining your company’s legal standing within the state. While the prospect of handling tax matters may seem daunting, rest assured that the process can be straightforward with the right guidance. In this comprehensive guide, we’ll walk you through the steps of filing your Delaware Franchise Tax and provide insights to help you navigate the process effectively.
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...BBPMedia1
Grote partijen zijn al een tijdje onderweg met retail media. Ondertussen worden in dit domein ook de kansen zichtbaar voor andere spelers in de markt. Maar met die kansen ontstaan ook vragen: Zelf retail media worden of erop adverteren? In welke fase van de funnel past het en hoe integreer je het in een mediaplan? Wat is nu precies het verschil met marketplaces en Programmatic ads? In dit half uur beslechten we de dilemma's en krijg je antwoorden op wanneer het voor jou tijd is om de volgende stap te zetten.
Memorandum Of Association Constitution of Company.pptseri bangash
www.seribangash.com
A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
https://seribangash.com/article-of-association-is-legal-doc-of-company/
Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
www.seribangash.com
Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
https://seribangash.com/promotors-is-person-conceived-formation-company/
Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
Putting the SPARK into Virtual Training.pptxCynthia Clay
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Influence of Brand Images, Service Quality, Trust on Customer Satisfaction and Customer Loyality
1. International Journal of Business Marketing and Management (IJBMM)
Volume 4 Issue 6 June 2019, P.P. 07-12
ISSN: 2456-4559
www.ijbmm.com
International Journal of Business Marketing and Management (IJBMM) Page 7
Influence of Brand Images, Service Quality, Trust on Customer
Satisfaction and Customer Loyality
Djumarno1
, Citra Mega Lissha2
, Adi Nurmahdi3
1
(Lecturer, Mercubuana University, Indonesia)
2
(Alumni, Mercubuana University, Indonesia)
3
(Lecturer, Mercubuana University, Indonesia)
ABSTRACT : This study aims to analyze the influence of brand image, service quality, trust on customer
satisfaction and customer loyalty at PT PrismaHarapan. The survey method used a questionnaire. This research
was conducted by distributing questionnaires to 121 customers who used the services of PT PrismaHarapan.
The observation results were be analyzed using The Structural Equation Modeling (SEM) of the AMOS
statistical software package. SEM-AMOS was used in the model and hypothesis testing. The results showed that
brand image has a significant effect on customer loyalty through customer satisfaction, service quality has a
significant effect on customer loyalty through customer satisfaction and trust has a significant effect on
customer loyalty through customer satisfaction. The conclusion of this study proved that customer satisfaction
has a role as a mediating variable between brand image, service quality and trust in customer loyalty.
KEYWORDS -brand image, service quality, trust, customer satisfaction, customer loyalty
I. INTRODUCTION
PT. Prisma Harapan is one of the leading advertising companies in Indonesia. Prisma is a premium
innovation & media solution founded in 1992,Prisma has consistently worked to build their reputation in the
outdoor media & indoor advertising industry. As a company that delivers information, service quality has an
important aspect in achieving company goals.
However, service quality is strongly influenced by various aspects of service related to customer
satisfaction. PT. PrismaHarapan currently has quite a number of billboard installation locations such as
Jabodetabek, Bandung, West Java, Bali, Surabaya, East Java, Sumatra, Kalimantan, Sulawesi, and other
billboard location points spread throughout the region both in the city and along the toll road, in the presence
competition with other competitors this results in customer loyalty of PT. Prisma Hope fell due to billboard
quality competition among competitors. The number of customers also experienced a decrease, this caused the
turnover of PT. Prisma Hope decreases in addition to service quality, trust must also be considered. The reduced
number of customers can be caused by the poor service quality from PT. PrismaHarapan to its customers so that
the company must continue to strive to improve the service quality to customers. Currently, PT. Prisma hope to
customers is as a billboard with display quality that is still standard compared to other companies this has
resulted in the turnover of PT. PrismaHarapan declined because the installation of billboards had many choices
to advertise using services in other companies including PT. WarnaWarni, PT. Rainbow Asia Poster, PT.
Gemilang Partner Innovation, PT. Plasma Media, PT. Mahaka, Tbk. The empirical phenomenon that occurs at
PT. PrismaHarapan is the number of subscribers.
II. LITERATURE REVIEW
1. Brand Image
Brand image is what consumers think or feel when they hear or see the brand name or essentially what
consumers have learned about the brand (Supranto and Limakrisna, 2011:128). FandyTjiptono (2011:112)
stated, brand image is a description of the associations and customer beliefs about a particular brand.
2. Influence of Brand Images, Service Quality, Trust on Customer Satisfaction and Customer Loyality
International Journal of Business Marketing and Management (IJBMM) Page 8
According to Kotler (2009:266), brand image is a hidden vision and trust in the minds of consumers, as
a reflection of the association that exists in consumer memory. Keller (in JimmiTumpal, 2015) stated, brand
Image is a perception of a brand that is a reflection of consumers' memory of their association with the brand.
According to Surachman (2008), brand image is part of a brand that can be recognized but cannot be
pronounced, such as symbols, designs, letters or special colors, or customer perceptions of a product or service
represented by the brand. Brand identity is made to get the brand image. brand image is a set of unique
associations that brand holders want to create or maintain. The associations state what the brand is and what it
promises to customers. Brand identity is a brand image that wants to be embedded in the minds of consumers
(Surachman, 2008).
2. Service Quality
Tjiptono (2010:59) stated that service quality was the expected level of excellence and control of the
level of excellence to meet customer desires. Zeithaml&Bitner (2009:111) stated, there were five dimensions
that can be used in determining service quality.
1) Reliability, the ability to provide was promised services reliably and accurately. If seen in the field of
restaurant service business, then a reliable service was when an employee be able to provide services as
promised and help resolve problems faced by consumers quickly.
2) Responsiveness, There were the willingness to help customers and provide services quickly. If seen more
deeply on responsive services in a restaurant, it can be seen from the ability of employees who quickly
provide service to customers and quickly handle their complaints.
3) Assurance, There were knowledge, courtesy, and the ability of employees to generate confidence and trust.
In a restaurant service certainty is an important thing to be given to consumers, such as guaranteed security
and safety in transactions and guaranteed consumer confidentiality.
4) Empathy, it was personal care and attention given to customers. Services provided by employees must be
able to show their concern for consumers.
5) Tangible, there were the appearance of physical facilities, equipment, employees, and materials installed.
Describe the physical form and service that will be accepted by consumers. Examples such as the state of
the building, cafe facilities, cafe design, and neatness of employee appearance.
3. Trust
Trust is someone's willingness to rely on other people where we have confidence in him. The key that
is very important in increasing high trust in companies/organizations is achieving results. Trust is a very
important thing for a commitment or promise, and commitment can only be realized if one day means.
Confidence or trust are important factors that can overcome crises and difficulties while business partners are
also important assets in developing long-term relationships between organizations. An organization must be able
to recognize the factors that can shape the trust in order to be able to create, organize, maintain, support and
enhance the level of relationships with customers. According to Moorman, Deshpande, and Zatman (2008) as
quoted by Dharmmestha (2012) defines trust as the willingness of someone to depend on another party involved
in the exchange because he has confidence in the other party.
Sumarwan (2011:51) trust is the power that a product has certain attributes. trust is often called the
object-attribute linkage, which is consumer confidence about the possibility of a relationship between an object
and the relevant attributes.
4. Customer satisfaction
Customer satisfaction is one of the secrets of the success in business. Even so, there are still many
people who intentionally or unintentionally forget this. Many business failures occur because customers are
disappointed so they look for alternatives to other similar products. Approach based on customer interests.
Retaining customers means expecting customers to repurchase products and services when the same needs arise
at any time. According to Kotler (2009:138) customer satisfaction is a feeling of pleasure or disappointment
someone who appears after comparing between expectations of reality obtained. High satisfaction or pleasure
creates an emotional bond with the brand or company in question. Based on these opinions, it can be seen that
3. Influence of Brand Images, Service Quality, Trust on Customer Satisfaction and Customer Loyality
International Journal of Business Marketing and Management (IJBMM) Page 9
customer satisfaction is closely related to two things, there are expectations and results received. Customer
satisfaction is the match between expectations and perceptions of services received (results obtained or reality
experienced). Customer satisfaction is created during the purchase period, experience using the product or
service and the period after the purchase. Customers who are satisfied with the products they use will return to
use the products offered. This results in customer satisfaction being one of the most important factors to win the
competition.
5. Customer loyalty
Basically real loyalty will not be formed if the customer does not or has not made the purchase process
first. Satisfied customers will have a high level of loyalty to the product or service offered compared to
dissatisfied customers. Customer loyalty is a continuation of customer satisfaction, even though loyalty is not
absolutely created from the results of customer satisfaction. According to Kotler (2008:138), loyalty is a
commitment held deeply to buy or support a product or service that is favored in the future despite the influence
of the situation and marketing efforts that cause customers to switch. Based on these opinions, it can be seen that
loyalty is a commitment from customers that shape customer loyalty to a product or service, so that customers
will make continuous purchases of selected products and services. Customers will remain consistent and not
easily affected by market situations that are volatile and generally can affect consumer behavior.
6. Hyphotes
The hypothesis used in this study consists of seven hypotheses, there are:
H1. Brand image has a positive and significant effect on customer satisfaction.
H2. Service quality has a positive and significant effect on customer satisfaction.
H3. Trust has a positive and significant effect on customer satisfaction.
H4. Brand image has a positive and significant effect on customer loyalty.
H5. Service quality has a positive and significant effect on customer loyalty.
H6. Trust has a positive and significant effect on customer loyalty.
H7. Customer satisfaction has a positive and significant effect on customer loyalty.
III. RESEARCH MODEL
Thisstudy design used by the author in this research is conclusive research, and the types are multiple cross –
sectional descriptive research and causal research. The data collection method used in this research is
quantitative research method using survey as the method , by conducting structured interview with responden by
using questionnaire designed to obtain specific information. The statement expressed in the questionnaire is
created by using 1 – 5 scale (Likert scale which is develoved) to obtain the data that the nature is interval and
will given a score or value (1 strongly disagree, 2 disagree, 3 neutral, 4 agree and 5 strongly agree).
The sampling technique used in this study was nonprobability sampling. The sample selection method
used was purposive sampling. Purposive sampling is techniques for determining the sample with certain
considerations (Sugiyono, 2009: 85) where the researcher has certain criteria or goals for the sample to be
studied. The criteria in question are customers who use the services of PT PrismaHarapan twice or more. The
total number of members of the sample is determined by Slovin formula (Husein Umar, 2008: 141), which is the
sample size which is a comparison of population size with a percentage of leeway inaccuracy, because sampling
can be tolerated or desired. In taking this sample the error rate of 5% was used.The number of samples obtained
in this study was 120.97 respondents. But to facilitate research, the number of samples was fulfilled to 121
people. From the formula above the sample set in this study amounted to 121 PrismaHarapan customers, this is
in accordance with the opinion stated by (Imam Ghozali, 2017: 62) that the number of samples using SEM is
100-200.
The hypothesis test is stated in this research is done with Structural Equation Modelling as the test toll
by using AMOS as the program measurement model. The measurement model shapes the relationship between
latent variable and the other variable which are observed. The nature of the relationship is reflective which the
4. Influence of Brand Images, Service Quality, Trust on Customer Satisfaction and Customer Loyality
International Journal of Business Marketing and Management (IJBMM) Page 10
observed variable s are the reflection of the related latent variable. The hypothesis test is conducted through the
compatibility test of overall model, measurement, and structural equation.
Fig. 1. Conceptual Model
Goodness of Fit shows the result of the result of Structural Equation Modeling test resulting Chi-
Square value 1209,718 (marginal fit), Probability value 0,000 ≥0.05 (bad), RMSEA value 0,117 ≤0.05 (marginal
fit), GFI values 0.651 ≥ 0.90 (bad), AGFI value 0.597 ≥ 0.90 (bad), CMIN/DF value 2.647 ≤ 2.00 (marginal fit),
TLI value 0.808 ≥ 0.90 (marginal fit) and CFI 0.823 ≥ 0.90 (marginal fit).
The next step is measurement model fit analysis, evaluation or compatibility test of this measurement
model carried out on each construct or measurement model (the relationship between a latent variable with
several observed variables/indicators separately through confirmatory factor analysis or often called CFA). The
researcher tested the construct validity with the first order CFA followed by second order CFA.
The result of data processing analysis show that all the indicators forming all latent variables
(constructs) show good validity, namely the value of the loading factor above 1.96 and the standardized value of
loading factors above 0,50. The value of Construct Reliability all latent variables (constructs) are greater than
0.70 and the value of Variance Extracted are greater than 0.50 which indicates that each indicator forming a
latent variable has good relaiability. Thus all indicators in research model have a significant effect on latent
variables.
The final part of this hypothesis test is related to the evaluation of the coefficients or parameters that
shows the causal relationship and the effect of one latent variable on the other latent variable. A hypothesis can
be accepted if the standard path of the coefficient value has positive value and has significant effect on t-value
higher than 1.96.
IV. RESULT AND ANALYSIS
Variables are considered to have a significant effect if the value of Critical Ratio (CR) on AMOS
output shows a value of more or equal to 1.96 because it means that the variable has a 95% significance level.
The analysis results can be seen in the following table:
H1 H 4
H2 H7
H3 H 6
H5
Brand Image (X1)
Service Quality (X2)
Trust (X3)
Customer
Satisfaction (Y1)
Customer Loyalty
(Y2)
5. Influence of Brand Images, Service Quality, Trust on Customer Satisfaction and Customer Loyality
International Journal of Business Marketing and Management (IJBMM) Page 11
V. CONCLUSION
1. Conlusion
Through the results of the research and discussion described in the previous section, conclusions can be
drawn as follows:
1) Brand image has a positive and significant effect on customer satisfaction of service users of PT
PrismaHarapan. This finding explains that with the higher brand image of the company, customer
satisfaction will be higher.
2) Quality of service has a positive and significant effect on customer satisfaction of service users of PT
PrismaHarapan. This finding explains that the higher the quality of service provided by the company, the
higher customer satisfaction will be.
3) Trust has a positive and significant effect on customer satisfaction of service users of PT PrismaHarapan.
This finding explains that with the higher customer trust in the company, customer satisfaction will be
higher.
4) Brand image has a positive and significant effect on customer loyalty of PT PrismaHarapan service users.
This finding explains that with the higher brand image of the company the customer loyalty will be higher.
5) Quality of service has a positive and significant effect on customer loyalty of PT PrismaHarapan service
users. This finding explains that with the higher quality of service provided by the company, customer
loyalty will be higher.
6) Trust has a positive and significant effect on customer loyalty of PT PrismaHarapan service users. This
finding explains that with the higher customer trust in the company, customer loyalty will be higher.
7) Customer satisfaction has a positive and significant effect on customer loyalty of PT PrismaHarapan
service users. This finding explains that with the higher level of customer satisfaction the customer loyalty
will be higher.
2. Suggestion
There are a number of recommendations that are recommendations through research findings,
including:
2.1. For Managerial (Company)
In accordance with the findings that prove that brand image, service quality and trust that have a
significant influence on customer satisfaction and customer loyalty, then as an effort to improve customer
satisfaction and customer loyalty, PT PrismaHarapan can evaluate aspects that have an average value. lower
average described as follows:
1) This research proves that the higher the brand image, the higher customer satisfaction will be. For this
reason, as an effort to increase customer satisfaction, PT PrismaHarapan can improve the company's brand
image, especially with regard to ease of conducting transactions and maintaining a good image in the eyes
of customers.
2) This research proves that the higher the quality of services provided, the higher customer satisfaction will
be. For this reason, PT PrismaHarapan can focus on increasing understanding of customer desires / needs,
providing friendly and polite service, having solutions from employees to customers who have problems,
and personal attention.
3) This research has proven that along with increasing customer trust will significantly increase customer
satisfaction. On the factor of customer trust, PT PrismaHarapan can pay attention to the matter of work
standards in the delivery of services and experience in understanding or meeting customer demand.
4) This research proves that the increase in brand image will significantly increase customer loyalty. For this
reason, PT PrismaHarapan can evaluate the company's brand image, especially with regard to the
characteristics that distinguish its products from other companies' products so that they can become loyal
customers significantly.
5) This research proves that with the higher quality of services provided, customer loyalty will be higher. For
this reason, PT PrismaHarapan can maintain in terms of providing accurate information, speed and
responsiveness in responding to customer requests, responding to and handling customer complaints to
completion, as well as neatness in installing products and employees as an effort to keep customers loyal
customers.
(6) This research has proven that along with the increase in customer trust, it can significantly increase
customer loyalty. For this reason, PT PrismaHarapan can maintain the provision of information needed by
6. Influence of Brand Images, Service Quality, Trust on Customer Satisfaction and Customer Loyality
International Journal of Business Marketing and Management (IJBMM) Page 12
customers in an effort to maintain loyalty from its customers.
7) This research has also proven that through high customer satisfaction makes customers more loyal, in this
case PT PrismaHarapan can maintain a level of speed and friendliness in serving customers and can
increase the knowledge of their employees such as by providing new information / knowledge about their
products .
2.2. For Further Researchers
The next researcher is expected to be able to develop this research by improving the structural model
framework, so that later it can create a perfect model. Future studies using SEM analysis are expected to be able
to use even larger samples, for example above 200 samples. In developing the model, the next researcher can
add variables such as price, product quality and customer commitment.
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