Quantitative Economics and Management Studies
Vol. 3 No. 3 (2022)

The Effect of Price Perception And Brand Image On Satisfaction For Customer Loyalty At Tempe Herber (HB) Factory

Fitria Riskiana Ritonga (Universitas Labuhanbatu)
Zulkifli Musannip Efendi Siregar (Universitas Labuhanbatu)
Mulya Rafika (Universitas Labuhanbatu)



Article Info

Publish Date
28 Jun 2022

Abstract

The purpose of this study was to determine the effect of price perception on loyalty, price perception on satisfaction, brand image on loyalty, brand image on satisfaction, satisfaction with loyalty, price perception on loyalty through satisfaction, brand image on loyalty through satisfaction at the tempe harber factory. The research that has been done is using quantitative research methods. In this study the population is unknown so I used Ruus Lemeshow so that the sample used was 100 people. While the data collection technique was by distributing questionnaires to consumers at the Tempe Harber factory, by measuring the coefficients using a Likert scale. The research also uses smartPLS3 software. PLS (partial least square) is a structural equation analysis (SEM) which can simultaneously test the measurement and structural measurement models. From the results of research that has been done, it can be seen that consumer satisfaction can mediate price perception on loyalty, and satisfaction can also mediate brand image on loyalty, price perception has no positive and significant effect on loyalty, price perception has a positive effect on satisfaction, while brand image has a positive effect. and significantly on loyalty and brand image a positive and significant effect on satisfaction.

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Journal Info

Abbrev

qems

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Mathematics

Description

Journal of Quantitative Economics and Management Studies (QEMS) is an international peer-reviewed open-access journal dedicated to interchange for the results of high-quality research in all aspects of economics, management, business, finance, marketing, accounting. The journal publishes ...