Customer Trust sebagai Penentu Utama Loyalitas pada Bank Garansi di PT Bank Mandiri (Persero) Tbk.

Authors

  • Searlina Nugraheni STIE Indonesia Banking School, Indonesia
  • Santi Rimadias STIE Indonesia Banking School, Indonesia

DOI:

https://doi.org/10.35384/jkp.v19i2.393

Keywords:

Relationship Marketing, Customer Trust, Customer Satisfaction, Customer Loyalty

Abstract

This study aims to examine and analyze the role of Relationship Marketing, Customer Satisfaction, and Customer Trust in Customer Loyalty for Bank Guarantee customers at PT Bank Mandiri (Persero) Tbk. Respondents used in this study amounted to 57 respondents who are customers of Account Officers at PT Bank Mandiri (Persero) Tbk. Data collection was carried out using an online questionnaire using Google Forms. Structural Equation Modeling is used in the analysis and uses SmartPLS 3.0 in the data processing. The results of the study explain that Customer Trust is the most dominant variable affecting Customer Loyalty for Bank Guarantee customers at PT Bank Mandiri (Persero) Tbk. Apart from Customer Trust, Customer Satisfaction is also proven to influence Customer Loyalty. Furthermore, Relationship Marketing is proven to affect Customer Trust and Customer Satisfaction. However, the test results found that Relationship Marketing did not affect Customer Loyalty. The results of the research can be used as a basis for making policies related to loyalty to bank guarantees.

References

Adamson, I., Chan, K. M., & Handford, D. (2003). Relationship marketing: customer commitment and trust as a strategy for the smaller Hong Kong corporate banking sector. International journal of bank marketing.

Aka, D., Kehinde, O., & Ogunnaike, O. (2016). Relationship marketing and customer satisfaction: A conceptual perspective. Binus Business Review, 7(2), 185-190.

Alrubaiee, L., & Al-Nazer, N. (2010). Investigate the Impact of Relationship marketing Orientation on Customer loyalty: The Customer’s Perspective. International Journal of Marketing Studies, 2(1). https://doi.org/10.5539/ijms.v2n1p155

Bednall, D. H. B. (2002). Conserving our precious resources. European Journal of Marketing, 36(7/8), 764–767. https://doi.org/10.1108/03090560210430782

Bhat, S. A., Darzi, M. A., & Parrey, S. H. (2018). Antecedents of Customer loyalty in Banking Sector: A Mediational Study. Vikalpa, 43(2), 92–105. https://doi.org/10.1177/0256090918774697

Bhat, S. A., Darzi, M. A., & Parrey, S. H. (2018). Antecedents of Customer loyalty in Banking Sector: A Mediational Study. Vikalpa, 43(2), 92–105. https://doi.org/10.1177/0256090918774697

Dahlan, J., & Supriaddin, N. (2022). Mediasi Kepuasan Pelanggan Pada Pengaruh Relationship Marketing Dan Gaya Hidup Terhadap Loyalitas Pelanggan: Studi Pelanggan Kopi Infinite Coffee Shop. Eqien-Jurnal Ekonomi dan Bisnis, 11(03), 629-653.

Ghozali, I. (2014). Structual Equation Modelling metode alternatif dengan Partial Least Square (PLS). Semarang: Badan Penerbit UNDIP.

Hazra, S. G., & Srivastava, K. B. L. (2009). Impact of Service Quality on Customer loyalty, Commitment and Trust in the Indian Banking Sector. VIII (3), 38–48.

Hoang, D. P. (2019). The central role of customer dialogue and trust in gaining bank loyalty: an extended SWICS model. International Journal of Bank Marketing, 37(3), 711–729. https://doi.org/10.1108/IJBM-03-2018-0069

Husnain, M., & Akhtar, W. (2015). Relationship marketing and Customer loyalty: Evidence from Banking Sector in Pakistan. Type: Double Blind Peer Reviewed International Research Journal Publisher: Global Journals Inc, 15(10).

Hutauruk, Dina Mirayanti. & Mahadi Tendi. (2020). Bisnis layanan bank garansi masih mekar. Kontan.Co.Id. https://keuangan.kontan.co.id/news/bisnis-layanan-bank-garansi-masih-mekar.

Kotler, P. (2000). Marketing Management, Millenium Edition. Marketing Management, 23(6), 188–193. https://doi.org/10.1016/0024-6301(90)90145-T.

Li, F., Lu, H., Hou, M., Cui, K., & Darbandi, M. (2021). Customer satisfaction with bank services: The role of cloud services, security, e-learning and service quality. Technology in Society, 64, 101487.

MacMillan, K., Money, K., Money, A., & Downing, S. (2005). Relationship marketing in the not-for-profit sector: An extension and application of the commitment-trust theory. Journal of Business Research, 58(6), 806–818. https://doi.org/10.1016/j.jbusres.2003.08.008

Milenia, R. I., & Rimadias, S. (2022). Investigation of Factors That Former CRM Quality and Its Implications for Customer Loyalty (Studies on JakOne Mobile Banking Users). Jurnal Ekonomi, Manajemen dan Perbankan (Journal of Economics, Management and Banking), 8(2), 95-104.

Moenardy, K. K., Arifin, S. Z., & Kumadji, S. (2016). The effect of service quality and relationship marketing to customer value, customer satisfaction, switching cost, and customer retention: A case study on the customers of bank NTT at East Nusa Tenggara Province. International journal of management and administrative sciences, 3(4), 48-63.

Ndubisi, N. O. (2007). Relationship marketing and customer loyalty. Marketing intelligence & planning.

Ndubisi, N. O., & Wah, C. K. (2005). Factorial and discriminant analyses of the underpinnings of relationship marketing and customer satisfaction. International journal of bank marketing, 23(7), 542-557.

Perrien, J., Filiatrault, P., & Ricard, L. (1993). The implementation of relationship marketing in commercial banking. Industrial Marketing Management, 22(2), 141-148.

Putri, D. R. E., Sudiarto, S., & Munandar, A. (2019). Legal Protection Against Providers of Guarantees for Land Rights in the event of Default Debtors (Study at Bank Mandiri Bima Branch). International Journal of Multicultural and Multireligious Understanding, 6(2), 658-666.

Rimadias, S., & Faradila, L. (2019). The Role of Attitudinal Loyalty, Behavioral Loyalty, Sponsor Awareness, and Attitude Toward Sponsorship in Creating Purchase Intention on Specs. Jurnal Ilmu Manajemen & Ekonomika, 11(2), 71-80.

Rimadias, S., Alvionita, N., & Amelia, A. P. (2021). Using Social Media Marketing to Create Brand Awareness, Brand Image, and Brand Loyalty on Tourism Sector in Indonesia. The Winners, 22(2), 173-182.

Rimadias, S., Werdiningsih, Y., & Baqi, A. F. (2022). Social Media Marketing on Instagram: Role Of Beauty Influencer In Scarlett Whitening Marketing On Instagram Social Media. Jurnal MEBIS (Manajemen dan Bisnis), 7(1), 91-103.

Rizan, M., Warokka, A., & Listyawati, D. (2014). Relationship marketing and customer loyalty: do customer satisfaction and customer trust really serve as intervening variables?. Journal of Marketing Research & Case Studies, 2014, 1.

Saleem, M. A., Zahra, S., Ahmad, R., & Ismail, H. (2016). Predictors of customer loyalty in the Pakistani banking industry: a moderated-mediation study. International Journal of Bank Marketing, 34(3), 411–430. https://doi.org/10.1108/IJBM-12-2014-0172

Semuel, H. (2012). Customer relationship marketing pengaruhnya terhadap kepercayaan dan loyalitas perbankan nasional. Jurnal Manajemen Pemasaran, 7(1), 33-41.

Simanjuntak, M., Putri, N. E., Yuliati, L. N., & Sabri, M. F. (2020). Enhancing customer retention using customer relationship management approach in car loan bussiness. Cogent Business and Management, 7(1). https://doi.org/10.1080/23311975.2020.1738200

Sivesan, S. (2012). Impact of relationship marketing on customer loyalty on banking sectors. South Asian Journal of Marketing & Management Research, 2(3), 179-181.

Sukandi, A., Efi, N. A. S., & Sudaryo, Y. (2019). Implementasi Digital Marketing Untuk Meningkatkan

Kepuasan Nasabah dan Berdampak pada Citra Lembaga Perbankan. Sosiohumaniora, 21(3), 355-364.

Wilkins, S., Butt, M. M., & Heffernan, T. (2018). International brand alliances and co-branding: antecedents of cognitive dissonance and student satisfaction with co-branded higher education programs. Journal of Marketing for Higher Education, 28(1), 32–50. https://doi.org/10.1080/08841241.2017.1393785

Yoganathan, D., Jebarajakirthy, C., & Thaichon, P. (2015). The influence of relationship marketing orientation on brand equity in banks. Journal of Retailing and Consumer Services, 26, 14–22. https://doi.org/10.1016/j.jretconser.2015.05.006

Downloads

Published

2023-08-08

How to Cite

Nugraheni, S., & Rimadias, S. (2023). Customer Trust sebagai Penentu Utama Loyalitas pada Bank Garansi di PT Bank Mandiri (Persero) Tbk. Jurnal Keuangan Dan Perbankan, 19(2), 105–118. https://doi.org/10.35384/jkp.v19i2.393
Abstract Views: 350 | File Downloads: 267