Proceeding International Conference on Islamic Economics Community Services
Vol 1 (2023): Proceeding International Conference on Islamic Economics Community Services

Education on the Effect of Price Perception on Consumer Purchasing Decisions

Fitriani Lestari (Universitas Islam Negeri Sumatera Utara)
Nurul Aida Dayana (Unknown)
Mutia Dila Puspita (Unknown)
Muhammad Ikhsan Harahap (Universitas Islam Negeri Sumatera Utara)



Article Info

Publish Date
15 May 2023

Abstract

The rapid economic growth in Indonesia, especially in the retail sector, has affected the consumption patterns of people in big cities such as Medan. This article examines the influence of price perception on consumer purchasing decisions at Swalayan Grosir Indah, a minimarket chain that provides a variety of basic needs. This research uses Deep Interview, Training, and Participatory methods to understand consumers' perceptions of price and determine effective pricing strategies. The results show that discounts have a significant influence on consumer purchasing decisions. Discounts offered provide immediate benefits that increase consumers' attractiveness and motivation to make purchases, while promotions also play an important role although not as big as discounts. Fair and transparent pricing contributes to increased consumer satisfaction and loyalty, and encourages repeat purchases. The findings provide valuable insights for retail businesses in formulating pricing strategies that can improve consumer satisfaction and purchase decisions.

Copyrights © 2023






Journal Info

Abbrev

ICIECS

Publisher

Subject

Religion Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Other

Description

Proceeding ICIECS: International Conference on Islamic Economics Community Services is a double-blind peer-reviewed International Conference Proceeding published by Faculty Of Economics And Business, Universitas Islam Negeri Sumatera Utara, Medan, Indonesia. ICIECS Proceeding emphasizes the output ...