Strategies for Facing A Global Competition of The top three Indonesian marketplaces in the 4.0 Marketing Era (Survey on The Customers of Top Three Indonesian Marketplaces)
DOI:
https://doi.org/10.31098/ebs.v1i1.69Keywords:
PEEIM, Interactivity, Customer Satisfaction, Customer Trust, Repurchase IntentionAbstract
Marketplace competition in Indonesia is getting tighter for both Indonesian marketplaces and marketplaces originating from abroad. The purpose of this research is to measure the magnitude of the influence of customer satisfaction on repurchasing intention through customer trust moderated by PEEIM and interactivity on the customers of top three Indonesian marketplaces so a strategic concept of online business will be obtained in building repurchasing intention of Indonesians for online transactions which the value is relatively small. Respondents in this study are partial customers of the top three Indonesian marketplaces who had done online transactions, had experienced doubts when doing online transactions with relatively little transaction value. The sampling technique used in this study is a non-probability sampling technique, sampling with a purposive sampling technique.Quantitative analysis tools are used to test the hypothesis, whether there is an effect of Customer Satisfaction and Interactivity on Repurchase Intention mediated by Customer Trust and moderated by PEEIM. This research results that the top three Indonesian marketplaces have been able to build customer satisfaction, the effectiveness of using instant messengers, the effectiveness of using feedback systems, interactivity, and customer trust that affect customer repurchasing intentions, however PEEIM does not moderate customer satisfaction towards customer trust, customer trust towards repurchasing intentions, interactivity towards repurchase intentions. These are because the value of online transactions is relatively small, so there is no general perception of respondents in this study that protection from potential risks should be provided. In online transactions. The practical implication of this research is the business strategy that the top three Indonesian marketplaces must build to form customer repurchasing intentions for relatively small online transactions: PEEIM is not the most important thing. The most important thing that must be built by the top three Indonesian marketplaces is maintaining customer satisfaction, customer trust, and those will be better if supported by high-level communication interactivity. The novelty of this research is investigating relatively small online transactions in several marketplaces.References
Armstrong, Kotler 2015, an Introducing Marketing Prentice-Hall, twelfth edition, England: Pearson Education, Inc.
Assael Henry, 2001, Consumer Behavior and Marketing Action, 6th edition, Thomson Learning Asia Pte Ltd. Singapore
Bao, Haijun, et al. 2016, Repurchase Intention in The Chinese E-Marketplace. Industrial Management & Data Systems. Vol. 116, No. 8.
Fang, Yulin et al. 2014, Trust, Satisfaction, and Repurchase Intention: The Moderating Role of Perceived Effectiveness of E-Commerce Institutional Mechanism. MIS Quarterly. Vol. 38, No. 2.
Ghozali, Imam. 2018. Multivariate Analysis Application with the IBM SPSS 25 Edition 9 Program, Semarang, Diponegoro University Publishing Agency.
Hellier, PK, Geursen, GM, Carr, RA and Rickard, JA (2003), Customer Repurchase Intention. A General Structural Equation Model, European, Journal of Marketing, Vol. 37 No. 11/12, pp. 1762-1800.
Hu, X., Lin, Z., Whinston, AB, & Zhang, H. (2004). Hope or hype: On the viability of escrow services as trusted third parties in online auction environments. Information Systems Research, 15 (3), 236-249.
iprice.co.id. 2020. Map of E-Commerce Indonesia.
Karyono, Ign. Agus Suryono, Michael Alfonsus Liquori Suryo Sutrisno, 2020, Strategies In Dealing With Online Taxi Invasion To The Local Companies’ Offline Minibus Taxi In Yogyakarta, Russian Journal of Agricultural and Socio-Economic Sciences (RJOAS), issue 2(98) of February 2020.
Kotler Philip and Keller Kevin L. 2009. Marketing Management Volume I Thirteenth Edition. Jakarta: Erlangga.
Meskaran FatemehPerception, Zuraini Ismail, Bharani Shanmugam, 2013, Online Purchase Intention: Effects of Trust and Security, Australian Journal of Basic and Applied Sciences, 7(6): 307-315, 2013
Mowen, C. John dan Minor, Michael. 2002. Perilaku Konsumen Jilid 2. Jakarta: Erlangga.m.jd.id. 2020.
Newhaven, JE, Cordes, JW, & Levy, MR, 1995, Audience Scope and the Perception of Interactivity inViewer Mail on the Internet. Journal of Communication, 45(3), 164–175.
Ou,CX, Pavlou, PA dan Davidson, RM 2014. Swift Guanxi in Online Marketplace: The Role of Computer-Mediated Communication Technologies. MIS Quarterly, Vol. 38. No. 1.
Ou, CX dan Chan, KCC 2014. Developing a Competitive Edge in Electronic Markets Via Institutional and Social Based Quality Signaling Mechanisms. Information & Management, Vol. 51. No. 5.
Peppers, Don, and Martha Rogers (2004). Managing Customer Relationships: A Strategic Framework. John Wiley & Sons, Inc. New Jersey
Pavlou, P dan Gefen, D. 2004. Building Effective Online Marketplaces with Institution-Based Trust. Information Systems Research, pp. 115-143.
Peter, J Paul dan Olson, Jerry C., 2010 Consumer Behavior: Perilaku Konsumen dan Strategi Pemasaran, Edisi keempat, Erlangga
Rizan, Mohamad dkk, 2015, The Relationship Between Customer Satisfaction and Security Toward Trust and Its Impact on Repurchase Intention (Survey on Customer of Elevenia Website). Jurnal Riset Manajemen Sains Indonesia.Vol. 6, No.2.
Song, JH dan Zinkhan, GM, 2008. Determinants of Perceived Web Site Interactivity. Journal of Marketing, Vol. 72 No. 2.
Sugiyono. 2017. Metode Penelitian Pendidikan Pendekatan Kuantitatif, Kualitatif, dan R&D. Bandung: Alfabeta.
Sumarwan, Ujang. (2002). Perilaku Konsumen: Teori dan Penerapannya dalam Pemasaran. Bogor: Ghalia Indonesia.
Thamrin Abdullah, dan Francis Tantri, 2012, Manajemen Pemasaran, Jakarta, PT RajaGrafindo Persada.
Downloads
Published
Issue
Section
License
Copyright Notice
1. Author and Manuscript
- The author whose name appear in the above statement is declaring that he/she is the author of the stated manuscript
- All of the authors, if any, has already aware of this agreement and give consent for the mentioned name to act on their behalf
2. Validity
- The author stated that the manuscript is original and has never been published elsewhere.
- The author has obtained permissions from other contributors, if any
- The author has specifically mentioned and cited all external materials properly
- Note: External materials refers to any material, writings, figures, tables, illustrations, or any other materials which is not being produced, made, or patented by the author
- The author holds the sole responsible should there are any mistyping; unclear citation and holds responsible should there are any inappropriate manners such as unlawful, breaches, obscene, or any other reasons which are not aligned with the law and norm.
3. Deliverable of Manuscript and Other Materials
- The Contributor/Author shall deliver their manuscript using the provided and acceptable format (doc. Or docx) in the assigned date as well as author copyright document signed.
- Inability delivering the manuscript in the stated date and format will affecting the publication process thus, The Publisher have the rights to reject the manuscript and terminate the letter of acceptance or letter of offerings
- Author is responsible to deliver the manuscript using the provided format. Note: All of the figures, tables, illustrations, or any other materials that will be inserted in the manuscript need to be in high quality
- Should the author decided to alter the manuscript format, the fee will be charged and bore by authors
The Author give “Yayasan Sinergi Riset dan Edukasi” (here forth known as RSF Press) the unlimited right to publish the contribution identified above, without any restraints, in any form, at any time, directly or through others, to reproduce, transmit, archive, lease/lend, sell and distribute the contribution or parts thereof individually or together with other works in any language, revision and version (digital and hard), including reprints, translations, photographic reproductions, microform, audiograms, videograms, electronic form (offline, online), or any other reproductions of similar nature, including publication in the aforementioned book or any other book, as well as, the usage for advertising purposes. RSF Press will ensure that the Author’s name(s) is/are always clearly associated with the manuscript, and the publishers will not make any substantial change to the manuscript without consulting the author and ask for their consent. RSF Press is also entitled to carry out editorial changes in the contribution with the sole purpose of enhancing the overall organization and form of the contribution.
The Author retains the rights to publish the contribution in his/her own web site and thesis, in his/her employer’s web site and to publish a similar or revised version elsewhere, as long as it is clearly stated that the contribution was presented first RSF Press and the corresponding DOI is associated with the contribution.