The Influence of Brand Equity, Mobile Banking Usage on Customer Loyalty Mediated by Customer Satisfaction
DOI:
https://doi.org/10.59890/ijels.v3i2.247Keywords:
Brand Equity, Mobile Banking, Customer Satisfaction, Customer Loyalty, Islamic BankAbstract
This study aims to explore the effect of brand equity and mobile banking usage on customer loyalty of Islamic Banks, with customer satisfaction as a mediating variable. This study used a quantitative approach with survey method. Data was collected from 250 respondents who are active customers of Bank Syariah. Data analysis was conducted using Structural Equation Modeling (SEM) AMOS. The findings show that brand equity has a positive and significant influence on customer loyalty and customer satisfaction. In addition, the use of mobile banking also contributes significantly to increasing customer loyalty and satisfaction. Customer satisfaction is proven to act as a mediator that strengthens the relationship between brand equity and customer loyalty.
References
Abid, G., Rehman, S., & Elahi, N. S. (2021). Impact of privacy and security on E-banking loyalty : Mediating role of customer satisfaction and moderation of reliability. October.
Abror, A., Patrisia, D., Engriani, Y., Evanita, S., Yasri, Y., & Dastgir, S. (2019). Service Quality, Religiosity, Customer Satisfaction, Customer Engagement and Islamic Bank’s Customer Loyalty. Journal of Islamic Marketing. https://doi.org/10.1108/jima-03-2019-0044
Adi, P. H., Dhiaulhaq, M. I., & Novandari, W. (2019). Customer Satisfaction as the Moderating Variable of Customer Loyalty of Indihome Customers. https://doi.org/10.32424/1.jame.2019.21.1.1432
Ahmad, N. A., Praveena, S. M., & Tee, K. S. (2022). Psychometric Properties of the English and Malay Version of the Adapted Schutte Emotional Intelligence Scale. Frontiers in Psychology, 13. https://doi.org/10.3389/fpsyg.2022.895816
Albaity, M., & Rahman, M. (2021). Customer Loyalty Towards Islamic Banks: The Mediating Role of Trust and Attitude. Sustainability. https://doi.org/10.3390/su131910758
Avornyo, P., Fang, J., Antwi, C. O., Aboagye, M. O., & Boadi, E. A. (2019). Are customers still with us? The influence of optimum stimulation level and IT-specific traits on mobile banking discontinuous usage intentions. Journal of Retailing and Consumer Services, 47(August 2018), 348–360. https://doi.org/10.1016/j.jretconser.2019.01.001
Azwar, S. (2018). Reliabilitas dan Validitas.
Baek, T. H., Kim, J., & Yu, J. (2010). The Differential Roles of Brand Credibility and Brand Prestige in Consumer Brand Choice. Psychology and Marketing. https://doi.org/10.1002/mar.20350
Beglar, D., & Nemoto, T. (2014). Developing Likert-scale questionnaires. JALT2013 Conference Proceedings, 1–8.
Beni, K. N., Nursalam, N., & Hasinuddin, M. (2020). Uji Validitas Dan Reliabilitas Leadership Behavior Inventory, Personal Mastery Questionnaire Dan Kuesioner Kinerja Perawat Di Rumah Sakit. Jurnal Penelitian Kesehatan Suara Forikes (Journal of Health Research Forikes Voice), 11(3), 313. https://doi.org/10.33846/sf11318
Briggs, E., Landry, T. D., & Daugherty, P. J. (2016). A Framework of Satisfaction for Continually Delivered Business Services. Journal of Business and Industrial Marketing. https://doi.org/10.1108/jbim-06-2014-0125
Butar, R. S. B. (2023). Analysis of the Effect of Price Discount on Technology Perceived Quality, Technology Perceived Value and Perceived Savings on Intention to Use Digital Payment Application Gopay. Jurnal Informasi Dan Teknologi, 196–203. https://doi.org/10.60083/jidt.v5i4.438
Chandrashekaran, M., Rotte, K., Tax, S. S., & Grewal, R. (2007). Satisfaction strength and customer loyalty. Journal of Marketing Research, 44(1), 153–163. https://doi.org/10.1509/jmkr.44.1.153
Chen, L. H., & Chen, C. N. (2014). A QFD-Based Mathematical Model for New Product Development Considering the Target Market Segment. Journal of Applied Mathematics. https://doi.org/10.1155/2014/594150
Dananjoyo, R. (2023). The Effect of Sustainable Brand Equity on Customer Satisfaction and Customer Loyalty Using Customer Trust as Mediation Variable. International Journal of Sustainable Development and Planning, 18(7), 2281–2291. https://doi.org/10.18280/ijsdp.180733
Fam, K. (2014). Exploring a consumption value model for Islamic mobile banking adoption. https://doi.org/10.1108/JIMA-08-2013-0056
Fianto, B. A., Rahmawati, C. K., & Supriani, I. (2021). Mobile Banking Services Quality and Its Impact on Customer Satisfaction of Indonesian Islamic Banks. Jurnal Ekonomi & Keuangan Islam. https://doi.org/10.20885/jeki.vol7.iss1.art5
Fusva, A., Dean, D. L., Suhartanto, D., Syarief, M. E., Arifin, A. Z., Suhaeni, T., & Rafdinal, W. (2020). Loyalty Formation and Its Impact on Financial Performance of Islamic Banks – Evidence From Indonesia. Journal of Islamic Marketing. https://doi.org/10.1108/jima-12-2019-0258
Gastelum-Acosta, C., Limon-Romero, J., Tlapa, D., Baez-Lopez, Y., Tortorella, G., Rodriguez Borbon, M. I., & Navarro-Cota, C. X. (2022). Assessing the adoption of critical success factors for lean six sigma implementation. Journal of Manufacturing Technology Management, 33(1), 124–145. https://doi.org/10.1108/JMTM-12-2020-0488
Hair Jr, J. F., Hult, G. T., Ringle, C. M., Sarstedt, M., Danks, N. P., & Ray, S. (2021). Partial least squares structural equation modeling (PLS-SEM) using R. A Workbook, 197.
Hamid, S. N. A., Maulan, S., & Jusoh, W. J. W. (2022). Brand Attributes, Corporate Brand Image and Customer Loyalty of Islamic Banks in Malaysia. Journal of Islamic Marketing. https://doi.org/10.1108/jima-09-2021-0309
Hanudin, A., Ricardo, B., & Mohd Zulkifli, M. (2012). An Analysis of Mobile Banking Acceptence by Malaysian Customers. Sunway Academic Journal, 4, 1–12.
Haron, R., Subar, N. A., & Ibrahim, K. (2020). Service Quality of Islamic Banks: Satisfaction, Loyalty and the Mediating Role of Trust. Islamic Economic Studies. https://doi.org/10.1108/ies-12-2019-0041
Hasbiah, S. (2023). Exploring the Role of Brand Equity on Customer Satisfaction and Brand Loyalty: A Case Study of Browcyl’s Signature Makassar Snacks. Economics and Business Journal (Ecbis), 2(1), 89–98. https://doi.org/10.47353/ecbis.v2i1.109
Hassan, Z., Chu, J., Qaisar, S., Shah, Z., & Ram, M. (2021). Exploring the Effect of WeChat on Adjustment of International Students in China. Cogent Psychology, 8(1). https://doi.org/10.1080/23311908.2021.1908705
Hidayat, A., Adanti, A. P., Darmawan, A., & Setyaning, A. N. A. (2019). Factors Influencing Indonesian Customer Satisfaction and Customer Loyalty in Local Fast-Food Restaurant. International Journal of Marketing Studies, 11(3), 131. https://doi.org/10.5539/ijms.v11n3p131
Hidayat, R., Sabarudin, A., & Machmud, M. (2015). Effects of Service Quality, Customer Trust and Customer Religious Commitment on Customers Satisfaction and Loyalty of Islamic Banks in East Java. Al-Iqtishad Journal of Islamic Economics. https://doi.org/10.15408/ijies.v7i2.1681
infobank. (2023). Satisfaction, Loyalty & Engagement 2023. Infobank. https://www.infobankstore.com/magazine/detail/2023/950/Infobank Edisi Januari 2023
Janahi, M. A., & Mubarak, M. M. S. Al. (2017). The Impact of Customer Service Quality on Customer Satisfaction in Islamic Banking. Journal of Islamic Marketing. https://doi.org/10.1108/jima-07-2015-0049
Jin, Y., Park, Y., & Yu, J. (2019). An Assessment Model for Evaluating Asymmetric Effects of Attribute-Level Performance on Satisfaction. Sustainability. https://doi.org/10.3390/su11164323
Johann, M., & Panchapakesan, P. (2016). Benchmarking Holiday Experience: The Case of Senior Tourists. Benchmarking an International Journal. https://doi.org/10.1108/bij-04-2015-0038
Kamath, P., Pai, Y. P., & Prabhu, N. (2019). Building Customer Loyalty in Retail Banking: A Serial-Mediation Approach. The International Journal of Bank Marketing, 38(2), 456–484. https://doi.org/10.1108/ijbm-01-2019-0034
KARAMI, M. (2022). Brand Equity, Brand Loyalty and the Mediating Role of Customer Satisfaction: Evidence From Medical Cosmetics Brands. Pressacademia. https://doi.org/10.17261/pressacademia.2022.1627
Keller, K. L. (1993). Conceptualizing, Measuring, and Managing Customer-Based Brand Equity. Journal of Marketing, 57(1), 1–22. https://doi.org/10.1177/002224299305700101
Khoiriyah, S., Faizin, M., Asror, M., & Kusaeri, K. (2023). Research Trends in School Excellent Model (SEM): The Future Insights for Islamic Education Assessment. QALAMUNA: Jurnal Pendidikan, Sosial, Dan Agama, 15(2), 907–922. https://doi.org/10.37680/qalamuna.v15i2.3143
Kim, H., Ku, B., Kim, J. Y., & Park, Y.-J. (2016). Confirmatory and Exploratory Factor Analysis for Validating the Phlegm Pattern Questionnaire for Healthy Subjects. Evidence-Based Complementary and Alternative Medicine, 2016(1). https://doi.org/10.1155/2016/2696019
Lee, H., Harindranath, G., Oh, S., & Kim, D. J. (2015). Provision of mobile banking services from an actor-network perspective: Implications for convergence and standardization. Technological Forecasting and Social Change, 90(PB), 551–561. https://doi.org/10.1016/j.techfore.2014.02.007
Lei, S., & Luo, C. (2015). The Mediating Role of Consumer Satisfaction in the Relationship Between Brand Equity and Brand Loyalty Based on PLS-SEM Model. International Business Research, 8(2). https://doi.org/10.5539/ibr.v8n2p62
Li, Y., Zhang, S., Zhang, T., Cao, Y., Liu, W., Jiang, H., Ren, D., Ren, J., Liu, H., & Hua, Z. (2019). Chinese Health Literacy Scale for Tuberculosis Patients: A Study on Development and Psychometric Testing. BMC Infectious Diseases, 19(1). https://doi.org/10.1186/s12879-019-4168-z
Marcu, N., & Meghişan, G. M. (2013). Some hypotheses regarding the mobile telecommunications services marketing and consumers rights from Romania. Amfiteatru Economic, 15(34), 358–368.
Maulan, S., Omar, N. A., & Ahmad, M. G. (2016). Measuring halal Brand Association (HalBA) for Islamic Banks. Journal of Islamic Marketing. https://doi.org/10.1108/jima-09-2014-0058
Mcmullan, R., & Gilmore, A. (2007). Customer loyalty : an empirical study. https://doi.org/10.1108/03090560810891154
Muhsam, J., Nengah Suastika, I., & Wayan Lasmawan, I. (2023). Pengaruh Model Pembelajaran Predict-Observe-Explain (Poe) Berbasis Entrepreunership Materi Koperasi Dalam Meningkatkan Hasil Belajar Siswa Sekolah Dasar. Jurnal Pendidikan Dasar Flobamorata, 4(3), 807–812. https://doi.org/10.51494/jpdf.v4i3.1324
Mujahidin, Yusuf, M., Ardianto, R., Sutaguna, I. N. T., & Sampe, F. (2020). The Effect of Relationship Marketing and Relationship Quality on Customer Loyalty (Bank Muamalat Indonesia). Technium Social Sciences Journal, 6(December), 101–105.
Mulia, D., Usman, H., & Parwanto, N. B. (2020). The Role of Customer Intimacy in Increasing Islamic Bank Customer Loyalty in Using E-Banking and M-Banking. Journal of Islamic Marketing. https://doi.org/10.1108/jima-09-2019-0190
Nam, S., Kim, H., Hong, S. U., Wong, J. Y. H., & Fong, D. Y. T. (2021). The Development of a Shortened, Korean Version of the Anticipated Turnover Scale for Hospital Nurses. Research in Nursing & Health, 44(3), 548–558. https://doi.org/10.1002/nur.22131
Narestifuri, R. E., & Subekti, H. (2024). Peningkatan Prestasi Belajar Peserta Didik Menggunakan Model Pembelajaran Problem Based Learning (PBL) Pada Materi Listrik Dinamis. Jurnal Penelitian Sains Dan Pendidikan (Jpsp), 4(1), 108–116. https://doi.org/10.23971/jpsp.v4i1.7774
Nassar, M. A. (2017). Customer Satisfaction and Hotel Brand Equity: A Structural Equation Modelling Study. J of Tourism and Hospitality Management, 5(4). https://doi.org/10.17265/2328-2169/2017.08.002
Noor, S., & Tajik, O. (2022). Defining Simple Random Sampling in a Scientific Research. 1(November), 78–82.
Oliver, R. L. (2010). and customer satisfaction.
Otoritas Jasa Keuangan (OJK). (2023). STATISTIK PERBANKAN SYARIAH. Otoritas Jasa Keuangan (OJK). https://ojk.go.id/id/kanal/syariah/data-dan-statistik/statistik-perbankan-syariah/default.aspx
Pappu, R., Quester, P., & Cooksey, R. (2005). Consumer‐based Brand Equity: Improving the Measurement – Empirical Evidence. Journal of Product & Brand Management, 14(3), 143–154. https://doi.org/10.1108/10610420510601012
Picón, A., Castro, I., & Roldán, J. L. (2014). The relationship between satisfaction and loyalty: A mediator analysis. Journal of Business Research, 67(5), 746–751. https://doi.org/10.1016/j.jbusres.2013.11.038
Rini, N. (2018). The implementation of islamic corporate governance (ICG) on sharia banking in Indonesia. International Journal of Applied Business, 2(1), 29–38.
Rohani, R., Hadidu, A., & Sukardi, S. (2022). Brand Equity and Service Quality Effects on Loyalty With an Intervening Variable of Customer Satisfaction. International Journal of Economics Business and Accounting Research (Ijebar), 6(2). https://doi.org/10.29040/ijebar.v6i2.5781
San. (2011). Consumers’ Perceived Quality, Perceived Value and Perceived Risk Towards Purchase Decision on Automobile. American Journal of Economics and Business Administration, 3(1), 47–57. https://doi.org/10.3844/ajebasp.2011.47.57
Setiani, T., Antoni, A., & Sujoko, A. (2018). The Effect of New Identity, New Image, and Repositioning as a Process of Rebranding Toward Brand Loyalty, Brand Associations, Perceived Quality as Part of Brand Equity. Russian Journal of Agricultural and Socio-Economic Sciences. https://doi.org/10.18551/rjoas.2018-04.27
Shaikh, A. A., & Karjaluoto, H. (2015). Mobile Banking Adoption: A Literature Review. Telematics and Informatics. https://doi.org/10.1016/j.tele.2014.05.003
Singh, S., & Srivastava, R. K. (2018). Predicting the Intention to Use Mobile Banking in India. The International Journal of Bank Marketing. https://doi.org/10.1108/ijbm-12-2016-0186
Sitanggang, F. A., & Sitanggang, P. A. (2021). Analisis Faktor-Faktor Yang Mempengaruhi Intensi Kewirausahaan Mahasiswa Dalam Upaya Mengubah Paradigma Mahasiswa Terhadap Kewirausahaan Dengan Faktor Pendidikan Kewirausahaan Dan Lingkungan Melalui Sikap, Persepsi, Dan Motivasi Menjadi Entrepreneur (Stud. Jurnal Manajemen Terapan Dan Keuangan, 10(03), 420–434. https://doi.org/10.22437/jmk.v10i03.15382
Sugiyono. (2015). Metode Penelitian Kuantitatif dan Kualitatif R&D. alfabet.
tavakola, ahmad, & Aliei, M. (2019). Modeling the Performance of Humanitarian Supply Chain Management With the Help of Partial Least Squares (PLS). Journal of Rescue Relief, 11(1), 1–10. https://doi.org/10.52547/jorar.11.1.1
Taylor, S. A., Goodwin, S., & Celuch, K. (2004). The importance of brand equity to customer loyalty. Journal of Product & Brand Management, 13(4), 217–227. https://doi.org/10.1108/10610420410546934
Tegambwage, A. G., & Kasoga, P. S. (2023). Determinants of Customer Loyalty in Islamic Banking: The Role of Religiosity. Journal of Islamic Marketing. https://doi.org/10.1108/jima-12-2021-0396
Top Brad. (2024). Top Brand Award. Top Brand. https://www.topbrand-award.com/
Yu, Y., & Dean, A. (2001). The contribution of emotional satisfaction to consumer loyalty. International Journal of Service Industry Management, 12(3), 234–250. https://doi.org/10.1108/09564230110393239
Yuwono, H., Eliyana, A., Buchdadi, A. D., Hamidah, & Jalil, N. I. A. (2023). Triple Mediation of Attitude to Bridge Transformational Leadership on Organizational Citizenship Behavior. Plos One, 18(2), e0281220. https://doi.org/10.1371/journal.pone.0281220
Zahrani, A. A. (2022). Promoting Sustainable Entrepreneurship in Training and Education: The Role of Entrepreneurial Culture. Frontiers in Environmental Science, 10. https://doi.org/10.3389/fenvs.2022.963549
Zhang, T., Lu, C., & Kizildag, M. (2018). Banking “On-the-Go”: Examining Consumers’ Adoption of Mobile Banking Services. International Journal of Quality and Service Sciences. https://doi.org/10.1108/ijqss-07-2017-0067



