Rational, emotional and spiritual marketing strategies in Shariah banking in Medan, Indonesia
-
DOIhttp://dx.doi.org/10.21511/bbs.12(2).2017.07
-
Article InfoVolume 12 2017, Issue #2, pp. 68-77
- Cited by
- 1497 Views
-
684 Downloads
This work is licensed under a
Creative Commons Attribution-NonCommercial 4.0 International License
This study was aimed to discover the direct influences of rational, emotional, and spiritual marketing on satisfaction, trust, and loyalty of Shariah banking customers in Medan. This study was an associative research, which is a research connecting two variables or more to see the influence of one variable on another. This study was conducted by means of an exploratory approach. The population in this study was Shariah Banking customers in Medan. Total sample was 200 customers from 64 branches of Shariah banks across Medan. By using path analysis with SPSS 21 program, the results showed that there were direct and indirect influences of rational, emotional, and spiritual marketing on customer satisfaction, trust, and loyalty. Only emotional marketing variable had insignificant influence on the satisfaction of Shariah banking customers in Medan. This study was limited to impact of rational, emotional, spiritual marketing variables on satisfaction, trust, and loyalty of Shariah banking customers. Other variables which influence satisfaction, trust, and loyalty such as customer relationship management (CRM) and portfolio performance should be used, because they’re factors which influence consumer behavior. For Shariah banking in Medan, the research result was expected to give useful suggestions and inputs for Shariah banking in Medan in implementing marketing strategies, especially rational, emotional, and spiritual.
- Keywords
-
JEL Classification (Paper profile tab)G21, M12 & L84
-
References21
-
Tables8
-
Figures3
-
- Fig. 1. Conceptual framework
- Fig. 2. Research flowchart
- Fig. 3. Path diagram
-
- Table 1. Variable operationalization
- Table 2. Research respondents
- Table 3. Result of simultaneous testing by path analysis
- Table 4. Result of determination test of path analysis
- Table 5. Partial test of the first equation
- Table 6. Partial test (t-test) of the second equation
- Table 7. Partial test (t-test) of the third equation
- Table 8. Partial test (t-test) of the fourth equation
-
- Barnes, James G. (2003). Secrets of Customer Relationship Management. Translator by Andreas Winardi, Yogyakarta: Andi Publisher.
- Dalimunthe, D. M. J., Fadli, and Muda, I. (2016). The application of performance measurement system model using Malcolm Baldrige Model (MBM) to support Civil State Apparatus Law (ASN) number 5 of 2014 in Indonesia. International Journal of Applied Business and Economic Research, 14(11), 7397-7407.
- Dewanti, Retno, Tjia Fie Chu, and Wibisono, Steven. (2016). The influence of experiential marketing, emotional Branding, brand trust towards brand loyalty. Binus Business Review, 2(2), 1109-1117.
- DeWitt, Tom, Doan T. Nguyen, and Marshall, Roger. (2008). Exploring Customer Loyalty Following Service Recovery The Mediating Effects of Trust and Emotions. Journal of Service Research, 10(3), 269-281
- Griffin, Jill. (2002). Customer Loyalty How to Earn it, How to Keep It. Kentucky: Mc Graw Hill.
- Lutfi, M., Nazwar, C., and Muda, I. (2016). Effects of investment opportunity set, company size and real activity manipulation of issuers in Indonesia Stock Exchange on stock price in Indonesia. International Journal of Economic Research, 13(5), 2149-2161.
- Mussry, Jack, Michael, H, Taufik, Y. H., Paul, P., Suryo, S., and Alexander, M. (2007). Markplus on Marketing, The second Generation. Jakarta: Ikrar Mandiri Abadi.
- Muda, I., and Dharsuky, Abykusno. (2015). Impact Of Region Financial Information System (SIKD) Quality, Role Ambiguity And Training on Precision of Financial Statement of Local Government Presentation In North Sumatra. International Journal of Applied Business and Economic Research, 13(6), 4283-4304.
- Muda, I., Dharsuky, A., Sadalia, I., and Siregar, H. S. (2016). Impact of capital investments and cash dividend policy on Regional Development Bank (BPD) PT. Bank Sumut to the district own source revenue and economic growth. International Journal of Applied Business and Economic Research, 14(11), 7863-7880.
- Kartajaya, Hermawan. (2003). Marketing in Venus. Jakarta: SUN Publishers.
- Kartajaya, Hermawan. (2004). Marketing 3.01. Jakarta: SUN Publishers.
- Livingston, Glenn. (2016). Emotion vs emotional Benefit in Marketing.
- Kotler, Philip and Gary Armstrong. (2012). Principles of Marketing. New Jersey: Prentice Hall International, Inc.
- Kotler, Philip and Kevin Lane Keller. (2009). Marketing Management. 13 Edition, Jakarta: Erlangga Publishers.
- Peppers, Don and Martha Rogers. (2004). Managing Customer Relationship: A Strategic Framework. New Jersey; John Wiley & Sons, Inc.
- Rini, Endang Sulistya. (2007). Effect of Economic Content, Content Resource and Social Content of the Trust, Satisfaction and Commitment and Relationship Intention Debtor Bank in North Sumatra North Sumatra. Dissertation. University of Airlangga, Surabaya.
- Rini, Endang Sulistya, and Yeni, Absah. (2015). Analysis Creation Through Customer Loyalty Effect Marketing Strategies Rational, Emotional and Spiritual towards Customer Satisfaction PT. Bank Islamic North Sumatra Medan Main Branch. Journal of Management Studies and Business, 2(1), 63-76.
- Tjiptono, Fandy. (2004). Marketing Management. Yogyakarta: Andi Publishers.
- Waringin, Tung Desem. (2012). Sinergy between rational, emotional and spiritual marketing.
- Zachra P. B., Ellyzar. (2011). Reach Consumers with Emotional Intimacy.
- Zeithaml, Valerie A., A. Parasuraman, and Leonard L, Berry. (1990). Delivering Quality Service (Balancing Customer Perception and Expectations). New York: The Free Press Division of MacMillan.