eCo-Fin
Vol. 8 No. 1 (2026): eCo-Fin

Pengaruh Value Product dan Experience Value Terhadap Loyalitas Pelanggan Kinikawa

Suci Ananda Febrianti (Politeknik Manufaktur Negeri Bangka Belitung)
Lusi Olis Vera (Politeknik Manufaktur Negeri Bangka Belitung)
Lamia Eva Rini (Politeknik Manufaktur Negeri Bangka Belitung)
Fitria Azizah (Politeknik Manufaktur Negeri Bangka Belitung)
Ummu Artha Tsary Rumalessin (Politeknik Manufaktur Negeri Bangka Belitung)



Article Info

Publish Date
10 Feb 2026

Abstract

Customer loyalty plays an essential role in enhancing business performance, especially within the coffee shop industry where competition continues to escalate. This research investigates how Value Product and experiential value influence customer loyalty at Kinikawa Coffee. A quantitative research framework was employed, with data collected from 122 customers through a questionnaire survey. The data were analyzed using Partial Least Squares–Structural Equation Modeling (PLS-SEM) with SmartPLS software. The bootstrapping results indicate that Value Product has a strong and statistically significant effect on customer loyalty (β = 0.670, p < 0.001). On the other hand, experiential value shows a positive but statistically insignificant relationship with customer loyalty (β = 0.184, p = 0.198). These findings suggest that customer loyalty at Kinikawa is primarily driven by perceived Value Product factors, including product quality, price fairness, and variety range, while experiential factors do not play a decisive role in determining loyalty. This study contributes to the literature on customer loyalty by providing empirical evidence from a local coffee shop context and offers managerial recommendations for coffee shop managers to focus on enhancing Value Product as a key strategy to foster enduring customer loyalty.

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Journal Info

Abbrev

ef

Publisher

Subject

Economics, Econometrics & Finance

Description

Focusing on the development of economics, especially finance & accounting, both scientific and practical reviews, is expected to be a scientific medium for the creation of integration between theoretical studies and practical studies for the development of economics in various social aspects. ...