The Mediating Role of Customer Satisfaction in the Relationship between Brand Image and Product Quality and Customer Loyalty

Shopee e-commerce Case Study

Authors

  • M. Ali Iqbal Universitas Mercu Buana
  • Parwoto Parwoto Universitas Mercu Buana
  • Zaenal Abidin Universitas Mercu Buana

DOI:

https://doi.org/10.33096/jmb.v11i2.828

Keywords:

Brand Image, Product Quality, Customer Satisfaction, Customer Loyalty

Abstract

Business competition has become very tight and marketing is the main key for a business to run well. This causes many business people to do their marketing via the internet and generate sales, hence the emergence of online stores (electronic commerce). Shopee is one of the most used and visited e-commerce sites in Indonesia. In the first quarter of 2023, Shopee e-commerce was ranked first among the first visitors compared to other e-commerce. In this regard, researchers are interested in conducting research with the title The Mediating Role of Customer Satisfaction in the Relationship between Brand Image and Product Quality and Customer Loyalty (Case Study of Shopee e-commerce). The type of research used is research with a conclusive design, namely a type of inferential research which aims to test a certain hypothesis, either through in-depth research into a problem (descriptive) or looking for relationships between variables (correlative) between the independent variable and the dependent variable. The research results show that brand image has a positive and insignificant effect on customer satisfaction. Brand image has a positive and insignificant effect on customer loyalty. Product quality has a positive and significant effect on customer satisfaction. Product quality has a positive and significant effect on customer loyalty. Customer satisfaction has a positive and insignificant effect on customer loyalty. Brand image has a positive and insignificant indirect effect on customer loyalty through customer satisfaction. Product quality has a positive and insignificant indirect effect on customer loyalty through customer satisfaction.

Downloads

Download data is not yet available.

References

Afnina, & Hastuti. (2018). Pengaruh Kualitas Produk terhadap Kepuasan Pelanggan. Jurnal Samudra Ekonomi Dan Bisnis, 9(1), 21–30.

Akbar, Siti Maryam, & Karyadi (2020). Pengaruh Earning Per Share (EPS) Terhadap Price to Book Value (PBV) (Studi pada PT. Tri Bayan Tirta, Tbk). Co-Management Vol.3,No 2, Desember 2020. http://journal.ikopin.ac.id

Amalya, N. T., Sekuritas, J., Surya, J. L., No, K., & Selatan -Banten, P. T. (2018). Pengaruh Return On Asset, Return On Equity, Net Profit Margin Dan Debt To Equity Ratio Terhadap Harga Saham Articles Information Abstract Prodi Manajemen Unpam. Keuangan Dan Investasi), 1(3), 157–181. www.idx.co.id

Arfianti, S. R. (2014). Pengaruh Citra dan Kepercayaan Merek Terhadap Loyalitas Nasabah Melalui Kepuasan Nasabah. Jurnal Manajemen, 3(2), 1–13.

Cronin, J. J., Brady, M. K., & Hult, G. T. M. (2000). Assessing the effects of quality, value, and customer satisfaction on consumer behavioral intentions in service environments. Journal of Retailing, 76(2), 193–218.

Daniel Diego Fernando S1*, J. Z. O. S. (2023). The Effect Of Return On Assets, Current Ratio, Debt To EquityRatio, And Inventory Turn Over On Manufacturing Companies In The Consumer Goods Industry Sector Listed On The Indonesian Stock Exchange For The 2018-2021 Period. In Management Studies and Entrepreneurship Journal (Vol. 4, Issue 5). http://journal.yrpipku.com/index.php/msej

Durianto, S. (2010). Strategi Menaklukkan Pasar Melalui Riset Ekuitas dan Perilaku Merek. PT Gramedia Pustaka Utama.

Erick, C. (2021). Pengaruh Return on Asset (ROA), Debt to Equity Ratio (DER), dan Earning per Share (EPS) terhadap Harga Saham Perusahaan Pertambangan (Sektor Industri Batubara) yang Terdaftar di Bursa Efek Indonesia (BEI) pada Tahun 2016-2018. Jurnal Manajemen Bisnis Dan Kewirausahaan, 5(1), 94. https://doi.org/10.24912/jmbk.v5i1.10836

Fala Dika, M., & Hiras Pasaribu. (2020). Pengaruh Earning Per Share, Return On Assets, Dan Debt To Equity Ratio Terhadap Harga Saham. Nominal: Barometer Riset Akuntansi Dan Manajemen, Volume 9 No 2 (2020).

Ferrinadewi, E. (2008). Merek & Psikologi Konsumen. Graha Ilmu.

Firanazullah, S. V. D. R., Saputri, A. N. J., & Sudrajat, A. (2021). Citra merek dan kualitas produk terhadap loyalitas konsumen. AKUNTABEL, 18(1), 1–9.

Fransiskus, S. M. J., & Murni, S. (2020). Pengaruh Roa, Der, Current Ratio Terhadap Harga Saham Pada Perusahaan Food And Beverages Yang Terdaftar Di Bursa Efek Indonesia Periode 2014-2018 The Effect Of Roa, Der, Current Ratio On Share Prices In Food And Beverages Companies Registered In Indonesia Stock Exchange Period 2014-2018. In Rogi… 60 Jurnal EMBA (Vol. 8, Issue 4).

Hair Jr., J. F., Hult, G. T. M., Ringle, C. M., & Sarstedt, M. (2014). A Primer on Partial Least Square Structural Equation Modeling (PLS-SEM). Sage Publication Inc.

Hossain, U., Jerin, I., Al, H., Bakar, A., Hamid, A., Shaharudin, A., & Latiff, A. (2020). Does quality stimulate customer satisfaction where perceived value mediates and the usage of social media moderates? Heliyon, 6(December). https://doi.org/10.1016/j.heliyon.2020.e05710

Irawan, H. D. (2003). Indonesian Customer Satisfaction. PT Elex Media.

Isnaini 1, Dedi Hariyanto 2, & Romi Ferdian 3. (2023). Analisis Pengaruh Likuiditas, Solvabilitas, Profitabilitas Terhadap Harga Saham. JIBEMA: Jurnal Ilmu Bisnis, Ekonomi, Manajemen, Dan Akuntansi, 1(2), 163–175. https://doi.org/10.3012/jibema.v3i2.15

Kambiz, S., & Naimi, S. S. (2016). The Impact of Brand Image on Customer Satisfaction and Loyalty Intention (Case Study: Consumer of Hygiene Products). International Journal of Engineering Innovation & Research, 3(1).

Kasmir, R. (2017). Customer Service Excellent: Teori dan Praktik. PT Raja Grafindo Persada.

Kasmir. (2021). Analisis Laporan Keuangan (Revisi). PT. Raja Grafindo Persada.

Kautsar, A. (2018). Pengaruh Rasio-Rasio Keuangan Terhadap Harga Saham (Studi pada Perusahaan Manufaktur Sektor Industri Dasar dan Kimia yang Terdaftar di Bursa Efek Indonesia Periode 2014-2015). www.Sahamok.com

Kotler, P. (2007). Manajemen Pemasaran. PT Malanan Jaya Cemerlang.

Kusumastuti, A., Khoiron, A. M., & Achmad, T. A. (2020). Metode Penelitian Kuantitatif. CV.Budi Utama.

Lovelock, C., Wirtz, J., & Chew, P. (2010). Services marketing, people, technology, strategy (2nd Edition (ed.)). Pearson Prentice Hall.

Maria, S., Hakim, Y. P., & Darma, D. C. (2019). Perceptions of Service Quality and Corporate Image Against Satisfaction and Customer Loyalty. 6th International Conference on Entrepreneurship (ICOEN), 20.

Maylani Pratiwi, S., & Rizca Amelia, W. (2022). The Influence of Current Ratio (Cr), Debt To Equity Ratio (Der), And Earning Per Share (Eps) On Stock Prices At Pt. Indofood Sukses Makmur Tbk. In Jurnal Ilmiah Manajemen dan Bisnis (JIMBI) (Vol. 1, Issue 2). http://jurnalmahasiswa.uma.ac.id/index.php/jimbi

Mehta, A. M., & Tariq, M. (2020). How Brand Image and Perceived Service Quality Affect Customer Loyalty Through Customer Satisfaction. Academy of Marketing Studies Journal, 24(1).

Muhamma, I., Rini, E. S., & Sembiring, B. K. F. (2023). Influence of Brand Image and Customer Satisfaction to Brand Royalty through Brand Love as a Mediating Variable in Starbucks Multatuli Medan. 3(2), 557–568.

Muzakki, K. K., Dwi, A., Putri, C., & Muzakki, K. (2023). Artikel Nusantara Entrepreneurship and Management Review Analisis ROA, ROE, EPS, dan DER terhadap Fluktuasi Harga Saham pada Perusahaan LQ45 di BEI Periode 2019-2021. In NEMR (Vol. 1, Issue 1). https://journal.unusida.ac.id/index.php/nemr/

Napitupulu, F. (2019). Pengaruh harga dan kualitas produk terhadap kepuasan pelanggan pada pt. ramayana lestari Sentosa. Kinerja, 16(1), 1–9.

Neuman, W. L. (2006). Social Research Methods: Qualitative and Quantitative Approaches (6th (ed.)). Pearson Education, Inc.

Novia, A.W. dan Triyonowati.2018. Pengaruh Kinerja Keuangan Terhadap Nilai Perusahaan pada perusahaan Transportasi yang terdaftar di BEI. Jurnal Ilmu dan Riset Manajemen Sekolah Tinggi Ilmu Ekonomi Indonesia (STIESIA) Surabaya 7(2):1-20

Onyancha, G. K. (2013). The Impact of Bank Brand Image on Customer Satisfaction and Loyalty: A Case of Kenya Commercial Bank. European Journal of Business and Management, 5(21), 38.

Palilati, A. P., Zaenal, A. U., & Idris, Y. N. (2022). Pengaruh Kualitas Produk Terhadap Loyalitas Konsumen Dengan Variabel Kepuasan Konsumen Sebagai Variabel Intervening. Jurnal Ilmiah Manajemen Dan Bisnis, 5(2), 534–542.

Pratyka, Y., Suputra Gumi, W., & Handayani Denpasar, S. (2023). Analisis Rasio Keuangan Untuk Menilai Kinerja Keuangan Pada Pt. Summarecon Agung Tbk. In Forum Manajemen (Vol. 21).

Putri, N. A., Arifin, Z., & Wilopo. (2016). Pengaruh Citra Merek, Kepercayaan Merek, dan Switching Barrier terhadap Kepuasan Pelanggan dan dampaknya pada loyalitas Pelanggan. Jurnal Administrasi Bisnis (JAB), 32(1), 133.

Ratnaningtyas, H., Tinggi, S., & Trisakti-Jakarta, P. (2022). Pengaruh Return On Equity, Current Ratio Dan Debt To Equity Ratio Terhadap Harga Saham (Vol. 8, Issue 1).

Rohmah, H. M., Sunaryo, & Suryadi, N. (2023). The Effect of Product Quality and Distinctiveness on Consumer Loyalty Mediated by Consumer Satisfaction. International Journal of Science and Society, 5(2), 449–465.

Sandrawati,V.2016.Pengaruh Debt to equity ratio (DER), Return on asset (ROA), Earning per share (EPS) dan risiko sistematis terhadap nilai perusahaan (studi) pada perusahaan kategori lq45 yang terdaftar di bursa efek Indonesia periode 2011-2014).jurnal akuntansi fakultas ekonomi dan bisnis tahun 2016.

Santoso, J. B. (2019). Pengaruh Kualitas Produk dan Kualitas Pelayanan dan Harga terhadap Kepuasan dan Loyalitas Konsumen (Studi Pada Konsumen Geprek Bensu Rawamangun). Jurnal Akuntansi Dan Manajemen, 16(1).

Sari, R. F., & Saputro, E. P. (2023). Brand Image, Customer Satisfaction, And Brand Trust On Honda Motorcycle Customer Loyalty. Jurnal Ilmu Manajemen Advantage, 7(2), 257–264.

Saunders, M., & Lewis, P. (2012). Doing Research in Business Management: An Essential Guide to Planning your Project. Prentice Hall.

Sugiharti. (2012). Membangun Citra Merek yang Positif dalam Rangka Menciptakan Kepuasan dan Kesetiaan Pelanggan. JBMA, 1(1), 54–64.

Syahfudin, E., & Ruswanti, E. (2015). The Impact of Service Quality and Brand Image on Customer Loyalty Mediated by Customer Satisfaction: in Indonesia Banking Industry. UEU-Master-6266-International Journal. http://digilib.esaunggul.ac.id/public/UEU-Master-6266-international_journal.pdf

Tjiptono, F. (2014). Service, Quality & Satisfaction (3rd (ed.)). Andi.

Tjiptono, F. (2017). Pemasaran Strategik - Mengupas Pemasaran Strategic, Branding Strategy, Customer Satisfaction, Strategi Kompetitif Hingga eMarketing. Andi.

Wijaya, & Thio. (2008). Analisa Pengaruh Kualitas Layanan Terhadap Loyalitas Pelanggan di Laundry 5 ASEC.

Zakaria, M. (2021). Analisis Pengaruh Debt to Equity Ratio (DER), Return On Asset (ROA) dan Earning Per Share (EPS) terhadap Harga Saham melalui Kebijakan Dividen sebagai Variabel Intervening (Studi pada Perusahaan Manufaktur Sektor Industri Barang Konsumsi yang Terdaftar di. Business Management Analysis Journal (BMAJ), 4(1), 75–96. https://doi.org/10.24176/bmaj.v4i1.5828

Zuna Mangzilatus Sangadah & Rendra Erdkhadifa (2022). Pengaruh Earning Per Share, Return On Equity, Debt To Equity Ratio Dan Current Ratio Terhadap Harga Saham. Komitmen: Jurnal Ilmiah Manajemen, 4(1), 2023.

Downloads

Published

2024-09-30

Issue

Section

Articles

How to Cite

The Mediating Role of Customer Satisfaction in the Relationship between Brand Image and Product Quality and Customer Loyalty: Shopee e-commerce Case Study. (2024). Jurnal Manajemen Bisnis, 11(2), 1894-1907. https://doi.org/10.33096/jmb.v11i2.828