Journal Of World Science
Vol. 2 No. 9 (2023): Journal of World Science

The Impact of Bank Direct Marketing on Enrollment Intention : Opening Bank Account

Hendrianto, Dedy (Unknown)
Hermawanto, Tunjung (Unknown)
Simanjuntak, Evi (Unknown)



Article Info

Publish Date
30 Sep 2023

Abstract

The aim of this research is to further explore the characteristics of marketers that are appropriate for enhancing trust and significantly influencing customers' purchase intentions. The method used in this study is quantitative. Non-probability sampling was used to select a sample of 233 participants. The data analysis technique employed in this research is Structural Equation Modeling (SEM) Partial Least Squares (PLS). The results of the study indicate that product knowledge, friendliness, and communication skills have a positive impact on perceived trust, which in turn stimulates customers' interest in opening a bank account. This study highlights the crucial role of perceived trust as a mediator in this relationship, providing insights for banking institutions to enhance their marketing strategies. For instance, effective communication with the public regarding recognition, awards, company performance, and empowering credible influencers can be beneficial. Additionally, it is noteworthy that product knowledge emerges as the most influential independent variable in shaping perceived trust. Therefore, organizations are encouraged to enhance their marketers' product knowledge through various means such as training, personal experiences, Q&A forums, mentoring, coaching, and attractive incentives.

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Journal Info

Abbrev

jws

Publisher

Subject

Computer Science & IT Economics, Econometrics & Finance Engineering Health Professions Law, Crime, Criminology & Criminal Justice Social Sciences

Description

Journal Of World Science is a scientific journal in the form of research and can be accessed openly. This journal is published monthly by CV Riviera Publishing. Journal of World Science provides a means for ongoing discussion of relevant issues that fall within the focus and scope of the journal ...