International Journal of Accounting & Finance in Asia Pasific
Vol 5, No 2 (2022): June Edition of International Journal of Accounting Finance in Asia Pasific

Factors that Influence Consumer Purchase Intention: A Case Study of 99 Speedmart in Malaysia

Seok Theng Tan (Universiti Sains Malaysia)
Suk Yi Tan (Universiti Sains Malaysia)
Su Chi Tan (Universiti Sains Malaysia)
Wei En Tan (Universiti Sains Malaysia)
Manar Abdullan (Kuwait University)
Reem Khadran (Kuwait Universit)
Sweety Sharma (IMS Engineering College)



Article Info

Publish Date
18 Jun 2022

Abstract

99 Speedmart is recognized as a fast-growing chain of delectable mini-markets because of its intense focus on customer satisfaction, aggressive responsiveness, and marketing strategies. This study investigates the factors that influence the customer purchase intention at 99 Speedmart. We examine five key factors, namely perceived usefulness, perceived trust, perceived convenience, customer satisfaction, and customer loyalty, and how these five factors influence consumer purchase intention. Besides, we examine if perceived usefulness, trust, convenience influence customer satisfaction, and loyalty. We also intend to identify if customer satisfaction influences customer loyalty. A total of 150 respondents were collected, and data were analyzed using SPSS. The findings revealed that perceived usefulness and perceived convenience have a direct positive relationship with purchase intention. Besides, perceived usefulness, trust, and convenience positively influence customer satisfaction, while only perceived trust directly influences customer loyalty. Customer satisfaction was found to have a direct link to customer loyalty. This study provides new insights on the topic of consumers' purchase behavior. Keywords: 99 Speedmart, Customer Loyalty, Customer Purchase Intention, Customer Satisfaction, Malaysia, Perceived Convenience, Perceived Trust, Perceived Usefulness

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Journal Info

Abbrev

IJAFAP

Publisher

Subject

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

Description

IJAFAP aims to feature narrative, theoretical, and empirical-based research articles within the abovementioned fields. The journal welcomes articles relating to the current issues of financial decision making as well as its impact on society. IJAFAP carries out the mission to feature narrative, ...