Analysis of Models for Increasing Consumer Loyalty of Beauty MSMEs Through Brand Equity Management, Service Quality, and Customer Bonding

Authors

  • Efendi Efendi Sekolah Tinggi Ilmu Ekonomi Sultan Agung, Pematangsiantar, North Sumatera
  • Amelia Setyawati STIE Indonesia Malang, Malang, East Java
  • Fitria Halim Sekolah Tinggi Ilmu Ekonomi Sultan Agung, Pematangsiantar, North Sumatera
  • Jenni Anggreani Sekolah Tinggi Ilmu Ekonomi Sultan Agung, Pematangsiantar, North Sumatera
  • Acai Sudirman SCOPUS ID 57210888599; Sekolah Tinggi Ilmu Ekonomi Sultan Agung, Pematangsiantar, North Sumatera http://orcid.org/0000-0003-3952-1463

DOI:

https://doi.org/10.30588/jmp.v13i1.1614

Keywords:

Beauty MSMEs, Brand equity, Consumer loyalty, Customer bonding, Service quality

Abstract

In an era of increasingly massive disruption, beauty MSMEs need to be able to optimize the resources they have. In the beauty industry, business competition is very tight, so consumer loyalty is very important to maintain a business to survive in a competitive market. The purpose of this study was to analyze the effect of brand equity, service quality, and customer bonding on consumer loyalty. This study used a sample size of 170 consisting of MSME beauty actors. Data analysis techniques using the SEM method with Partial Least Squares Modeling (PLS-SEM). The structural Equation Model (SEM) approach based on Partial Least Square is used for hypothesis testing. The results of the data analysis confirm brand equity, service quality, and customer bonding have a positive and significant effect on consumer loyalty. The implications of this research conclude that it is very important for beauty MSMEs to measure and evaluate the level of brand equity, service quality, and customer bonding regularly. MSME owners can use consumer surveys, online reviews, and data analysis to understand the extent to which these aspects influence consumer loyalty. This data can be used to make necessary changes and improvements. and data analysis to understand the extent to which these aspects influence consumer loyalty. This data can be used to make necessary changes and improvements. and data analysis to understand the extent to which these aspects influence consumer loyalty. This data can be used to make necessary changes and improvements.

Author Biographies

Efendi Efendi, Sekolah Tinggi Ilmu Ekonomi Sultan Agung, Pematangsiantar, North Sumatera

Management Department

Amelia Setyawati, STIE Indonesia Malang, Malang, East Java

Management Department

Fitria Halim, Sekolah Tinggi Ilmu Ekonomi Sultan Agung, Pematangsiantar, North Sumatera

Management Department

Jenni Anggreani, Sekolah Tinggi Ilmu Ekonomi Sultan Agung, Pematangsiantar, North Sumatera

Management Department

Acai Sudirman, SCOPUS ID 57210888599; Sekolah Tinggi Ilmu Ekonomi Sultan Agung, Pematangsiantar, North Sumatera

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Published

2023-10-31

How to Cite

Efendi, E., Setyawati, A., Halim, F., Anggreani, J., & Sudirman, A. (2023). Analysis of Models for Increasing Consumer Loyalty of Beauty MSMEs Through Brand Equity Management, Service Quality, and Customer Bonding. Jurnal Maksipreneur: Manajemen, Koperasi, Dan Entrepreneurship, 13(1), 92–103. https://doi.org/10.30588/jmp.v13i1.1614

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