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i THE ANALYSIS OF INFLUENCE CUSTOMER VALUE, CUSTOMER SATISFACTION AND TRUST IN BRAND TOWARD CUSTOMER LOYALTY (Case Study of Consumer Coca-Cola in North Jakarta) Submitted by: Hilmiyah Amaliyati 108081100009 DEPARTMENT OF MANAGEMENT INTERNATIONAL CLASS PROGRAM FACULTY OF ECONOMICS AND BUSINESS SYARIF HIDAYATULLAH STATE ISLAMIC UNIVERSITY JAKARTA 1434 H / 2013 M
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THE ANALYSIS OF INFLUENCE CUSTOMER VALUE, CUSTOMER

SATISFACTION AND TRUST IN BRAND TOWARD CUSTOMER

LOYALTY

(Case Study of Consumer Coca-Cola in North Jakarta)

Submitted by:

Hilmiyah Amaliyati

108081100009

DEPARTMENT OF MANAGEMENT

INTERNATIONAL CLASS PROGRAM

FACULTY OF ECONOMICS AND BUSINESS

SYARIF HIDAYATULLAH STATE ISLAMIC UNIVERSITY

JAKARTA

1434 H / 2013 M

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THE ANALYSIS OF INFLUENCE CUSTOMER VALUE, CUSTOMER

SATISFACTION AND TRUST IN BRAND TOWARD CUSTOMER

LOYALTY

(Case Study of Consumer Coca-Cola in North Jakarta)

THESIS

Submitted to Faculty of Economics and Business in Partial Requirements for

Acquiring the Bachelor Degree of Economics

Submitted by:

Hilmiyah Amaliyati

108081100009

DEPARTMENT OF MANAGEMENT

INTERNATIONAL CLASS PROGRAM

FACULTY OF ECONOMICS AND BUSINESS

SYARIF HIDAYATULLAH STATE ISLAMIC UNIVERSITY

JAKARTA

1434 H / 2013 M

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SHEET STATEMENT

AUTHENTICITY SCIENTIFIC WORKS

Signatures below:

Name : Hilmiyah Amaliyati

Student’s number : 108081100009

Faculty : Economics and Business

Department : Management (International Program)

Hereby declare that in the writing of this thesis, I;

1. Not use other people’s ideas without being able to develop and

accountable

2. Do not do plagiarism of other people’s work manuscript

3. Do not use other people’s work without mentioning the original source or

without the owner’s permission

4. Own work and able to work responsible for this work

If in the future there is a demand from the other side of my work, and have been

accountably proved, was indeed found evidence that I have violated the above

statement, then I am ready to be sanctioned according to rules applicable in the

Faculty of Economics and Business Syarif Hidayatullah State Islamic University

Jakarta.

Thus statement truly made with sincerely.

Ciputat,………………

(Hilmiyah Amaliyati)

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CURRICULUM VITAE

I. Personal Identity

1. Name : Hilmiyah Amaliyati

2. Place/Date of Birth : Jakarta, February 19 1991

3. Address : Jl. Tipar Cakung Rt 004/04 No: 450

kel. Sukapura kec. Cilincing Jakarta

Utara

4. Phone : 087888017005

5. Email : [email protected]

II. Formal Education

1. 1994-1996 : Tk Mamba’ulHikmah

2. 1996-2002 : Madrasah Ibtidaiyah Jakarta

3. 2002-2005 : Madrasah Tsanawiyah Jakarta

4. 2005-2008 : SMA N 83 Jakarta

5. 2008-2011 : FEB UIN Syarif Hidayatullah

Jakarta

III. Non Formal Education

1. SAEC : Saint Anna Education Program

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IV. Conference Participation

1. Multiculturalism in Religion, Democracy and Modernization

held by UIN-McGill Canadian Resource Center (December 4,

2008)

2. Insurance Goes to Campus: “Peran Asuransi Dalam Era

Globalisasi” (2010)

3. Peace and Democracy: Make Your Voice Hard (2011)

4. Climate Change Economy (February 14, 2012)

V. Co-curricular Activities

1. Company visit to P.T. Sucofindo Jakarta Selatan (2008)

2. Study visit to Islamic Entrepreneur (2009)

3. Participant on GRLI competiton (2010)

4. Study visit to Sincronize (2011)

5. Study visit to Markplus (2011)

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ABSTRACT

The aim of this research is to analyze the influence of customer value, customer

satisfaction and trust in brand toward customer loyalty. The method of

determining the sample used is the convenience sampling methods. The sample is

taken from customers who have ever consumed Coca-Cola especially in North

Jakarta. In collecting data, the research applies questionnaire technique which

consists of 39 statements which are distributed to 60 respondents. The

methodology applied in this elaboration is the multiple linear regression method.

The results of this research show that there is simultaneously significant influence

among customer value, customer satisfaction, trust in brand toward customer

loyalty.

Keywords: customer value, customer satisfaction, trust in brand, customer

loyalty

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ABSTRAK

Tujuan dari penelitian ini adalah untuk menganalisa pengaruh nilai pelanggan,

kepuasan pelanggan dan kepercayaan merek terhadap kesetiaan pelanggan.

Metode yang digunakan untuk pengambilan sampel adalah non probability

sampling dengan pendekatan convenience sampling. Sampel diambil dari

konsumen yang pernah mengkonsumsi Coca-Cola khususnya di Jakarta Utara.

Pengumpulan data dalam penelitian menggunakan kuesioner yang berisi 39

pernyataan yang disebarkan kepada 60 responden. Metode analisis yang

digunakan dalam penelitian ini adalah analisis regresi linear berganda. Hasil

dari penelitian ini menunjukkan bahwa ada pengaruh yang signifikan secara

serentak antara variabel nilai pelanggan, kepuasan pelanggan dan kepercayaan

merek terhadap kesetiaan pelanggan.

Kata kunci: nilai pelanggan, kepuasan pelanggan, kepercayaan merek,

kesetiaan pelanggan

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PREFACE

Praise and gratitude Author prayed to God Almighty, because only by His mercy

and grace I can finish researching and writing a thesis entitled" "The Analysis of

influence Customer Value, Customer Satisfaction and Brand Equity toward

Customer Loyalty” (Case Study on consumer Coca-Cola in North Jakarta)." This

thesis is one of the requirements to obtain a passing grade in the faculty of

economy and business.

In completing this thesis Author has received much assistance and guidance from

various parties. Therefore, with all sincerity and humility Authors would like to

thank:

1. Thanks to my beloved parents (H. Subur and Hj. Cholilah) always

supporting me and be my best lecturer in my life, for my beloved sisters

(itqoh and chacha), nieces and large family for prayer, encouragement and

enthusiasm given to the author for taking courses and completing the

study.

2. Dr. Yahya Hamja, MM as the primary supervising writer who patiently

provided guidance to the author in preparing the proposal.

3. Leis Suzanawaty, SE, M. Si as a second supervisor who provides

extraordinary appreciation.

4. Prof Dr Abdul Hamid, MM as Dean FEB UIN Syarif Hidayatullah Jakarta,

thank you for the sacrifice of time and knowledge that has been given.

5. Lecturers UIN Syarif Hidayatullah Jakarta, which has contributed his

knowledge to the author and his colleagues for this author. Thank you for

the sacrifice of time and knowledge that has been given to the author and

his friends other students.

6. All academic staff FEB UIN Syarif Hidayatullah Jakarta, which has

worked well to serve students.

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7. All students of Management and Accounting international programs and

all those who have provided assistance, support and encouragement during

the author to finish college and writing a thesis that can not be mentioned

one by one.

May Allah SWT reward for all the help and encouragement that has being even.

The author is very aware that this writing is still far from perfect that the author is

very open to suggestions and constructive criticism. Hopefully this research can

be useful for the development of science.

Ciputat, September 2013

Hilmiyah Amaliyati

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LIST OF CONTENT

Page

COVER PAGE IN...................................................................................................i

SHEET STATEMENT AUTHENTICITY SCIENTIFIC WORKS.................ii

CURRICULUM VITAE......................................................................................iii

ABSTRACT............................................................................................................v

ABSTRAK.............................................................................................................vi

PREFACE.............................................................................................................vii

LIST OF CONTENT.........................................................................................ix

LIST OF TABLE................................................................................................xiv

LIST OF PICTURE.......................................................................................... xvii

APPENDIX LIST..............................................................................................xviii

I. INTRODUCTION Page

A. Research Background………………………….......…………………….…1

B. Problem Formulation…………………………...........……………………..8

C. Purpose and Benefit of Research……………………...……………………9

1. Purpose of Research………………………………...…………………9

2. Benefit of Research…………………………………..………..………9

II. LITERATURE REVIEW Page

A. Customer Value………………………………………….......…………...10

1. Definition of Customer Value……………………………...………...10

2. Customer Value Measurement………………………..……….......…13

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3. Factors that Formed Customer Value…………………………..……15

B. Customer Satisfaction…………………………………………………......18

1. Definition of Customer Satisfaction……………….……………........18

2. Factor that Formed Customer Satisfaction………….…………..........23

3. Customer Satisfaction Measurement……………….…………….......26

C. Trust in Brand……………………………………………………..............28

1. Trust……………………………………………...……………..........28

2. Brand……………………………………………..……………..........30

3. The Benefit of Brand…………………………….……………...........33

4. Trust in Brand……………………………………………………......34

D. Customer Loyalty……………………………………………………........39

1. Customer Loyalty…………………………………..…………….......39

2. Method of Customer Loyalty Measurement……………………........41

E. The Previous Research……………………………………………............44

F. Conceptual Framework……………………………….……………...........47

G. Hypotheses……………………………………………………………......50

III. RESEARCH METHODOLOGY Page

A. The Research Scope………………………….........…………….……….54

B. Sampling Method…………………….…………......……………………54

C. Data Collection Method………………….………….………........……...56

1. Primary Data………………………………….………….....……56

2. Secondary Data……………………………….…………….……57

D. Analysis Data Method………………………….…………………...........57

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1. First Analysis……………………………..…..…………….........57

2. Reliability and Validity Test………………..………………........58

a. Reliability test…………………………….…………….........58

b. Validity test……………………………..………………....…59

3. Classic Assuming Test……………………….…………………..60

a. Normality Test…………………………………………….....60

b. Multicolinearity Test………………………………………....61

c. Heteroskesdastisity Test……………………………………...62

4. Regression Analysis……………………………………………...62

a. Coefficient Correlation…………….…………………………64

b. Coefficient Determination (R²)……………………………....64

5. Theoretical Hypotheses………………………………………......65

a. t-test (Partial)………………………………… ………….......65

b. F test (Simultaneously)……………………… ……………...66

E. Research Operational Variable…………………………………………..68

1. Independent Variable………………………………………………...68

2. Dependent Variable………………………………………………......68

IV. ANALYSIS Page

A. General Description of Research Object………………………………....73

1. History of Coca-Cola……………………..………………………....73

2. History of Coca-Cola Amatil Indonesia (CCAI)……………………73

3. General Description of Coca-Cola………………………………….75

4. Organization Structure…………………………………………........76

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5. Vision and Mission………………………….……………………....77

a. Vision…………………………………………….………….....77

b. Mission……………………………………………….………...77

6. Market Share of Coca-Cola………………………………………....78

7. Global Unit Sales of Coca-Cola……………………………….........78

B. Analysis and Discussion………………………………………………....79

1. General Description of Respondents………………………………....79

a. General Description of Respondents based on Gender………......79

b. Based on Age……………………………………………….........80

c. Based on occupations………………………………………….....80

d. Based on Income per Month………………………………..........81

2. Analysis……………………………………………………………....82

a. Validity and Reliability Test…………………………………......82

1) Validity Test……………………………………………….....82

2) Reliability Test…………………………………………….....85

b. Descriptive Analysis......................................................................86

1) Descriptive Variable Customer Value.....................................86

2) Descriptive Variable Customer Satisfaction............................89

3) Descriptive Variable Trust in Brand........................................94

4) Descriptive Variable Customer Loyalty.................................100

c. Classical Assumption Test………………………………...........103

1) Normality Test……………………………………...............103

2) Multicolinearity Test…………………………………..........105

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3) Heteroskesdasticity Test……………………………….........106

d. Multiple Linear Regression…………………………………......107

1) Coefficient Determination (R²)…………………………..…108

e. T-test (Partial)……………………… ……………………….....109

1) Customer Value Variable……………………………….......109

2) Customer Satisfaction Variable…………………………......110

3) Trust in Brand Variable……………………………..………111

f. F-test (Simultaneously)…………… ……………………...……113

V. CONCLUSIONS AND IMPLICATION Page

A. Conclusions…………………………………………………………......115

B. Implication……………………………………………………………...116

REFFERENCES................................................................................................117

Appendix……………………………………………………………………….121

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List of Table

3.1 Likert Scale…………………………………………………………………..57

3.2 The Operational Variable…………………………………………………….69

4.1 General Description of Coca-Cola…………………………………………...75

4.2 Market Share of Coca-Cola…………………………………………………..78

4.3 General Description Based on Gender……………………………………….79

4.4 General Description Based on Age…………………………………...….…..80

4.5 General Description Based on Jobs………………………………………......80

4.6 General Description Based on Income per Month……………………...……81

4.7 The Result of Try-Out for Validity………………………………..…………82

4.8 The Result of Try-Out for Reliability………………………………………..86

4.9 Coca-Cola Non Alcoholic Soft Drink………………………………………..86

4.10 Coca-Cola Do Not Acute Health Effect……………………………….……86

4.11Coca-Cola as Source of Increasing Calories in the Body…………………...87

4.12 Coca-Cola Has a Good Reputation as Soft Drink Company……………….87

4.13 Coca-Cola Has Never Got Involve With Deception Case………………….88

4.14 Customer Feel Relaxed When Consume Coca-Cola Product………………88

4.15 Customer Feel Secured With Coca-Cola Product…………………………..88

4.16 Customer Feel Excited When Consume Coca-Cola………………………..89

4.17 Coca-Cola Does Not Contain Microbe and Chemical Contamination……..89

4.18 Coca-Cola Always Mentions Production Code and Date of Expired………90

4.19 Customers Feel Fresh With Coca-Cola Product……………………………90

4.20 Customer like Design of Coca-Cola………………………………………..91

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4.21 Customer like Aroma of Coca-Cola…………………………………….......91

4.22 Customer Feel Proud When Consumed Coca-Cola………………………...91

4.23 Customer Believe With Coca-Cola……………………………………........92

4.24 Coca-Cola Achievable Price………………………………………………..92

4.25 Coca-Cola’s Price Associated with the Customer Quality Expectations…...93

4.26 Coca-Cola Has Cheap Price.……………….…...…………………………..93

4.27 Coca-Cola Is Easy To Find………………………………………………....93

4.28 Coca-Cola Has a Good Reputation…………………………………………94

4.29 Customer Know Positive News about Coca-Cola Soft Drink……………...94

4.30 Coca-Cola as Soft Drink Associated with Customer’s Expectation………..95

4.31 Customer Know About Coca-Cola Product………………………………...95

4.32 Coca-Cola Able to Loss Thirsty of Customer………………………………96

4.33 Coca-Cola Associated With Customers Need………………………………96

4.34 The Coca-Cola Company Will Not Deceive Customer…………………….97

4.35 Coca-Cola Has a Good Reputation as Multinational Company…………….97

4.36 Coca-Cola Attentive the Customer……………………………..…………..98

4.37 Customer Believe With Coca-Cola……………………………..…………..98

4.38 Coca-Cola’s Brand Image as Customer Judge Themselves……..………….98

4.39 If Coca-Cola Brand Is Human, Customer Will Love It as Themselves….....99

4.40 Customer like Coca-Cola…………………………………………………...99

4.41 Coca-Cola Is Better And Associated With Customer Desired…………….100

4.42 Customer Confidence with Coca-Cola Brand……………………………..100

4.43 Customer Prefer Coca-Cola than Others…………………………………..101

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4.44 Customer Really Like Coca-Cola…………………………………………101

4.45 Customer Will Intend To Buy Coca-Cola…………………………………102

4.46 Customer Will Consume Coca-Cola All the Time………………………..102

4.47 Customer Will Recommend Coca-Cola to Their Relatives or Friends……103

4.48 Normality Statistics (kolmogrov)…..……………………………………...104

4.49 Multicollinearity Statistics……………..………………………………….105

4.50 Result of Multiple linear Regression………………………………………107

4.51 Coefficient Determination…………………………………………………108

4.52 F test………………………………………………………………..…..….113

.

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List of Picture

1.1 Market Share of Coca-Cola Worldwide…………………………………….....2

2.1 The Determinant of Customerr Perceived Value…………………………….12

2.2 The Discorfimation Model on Customer Satisfaction……………………….22

2.3 Oliver’s Four Stage Loyalty Model………………………………………….42

2.4 Conceptual Framework………………………………………………………49

4.1 Organization Structure of Coca-Cola………………………………………...76

4.2 Global Sales of Coca-Cola……………………………...……………………78

4.3 Normality Test Result (P-P plot residual)…………………………………..103

4.4 Heteroskesdasticity…………………………………………………………106

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Appendix List

Appendix 1 Research Questionnaire……………………………………………121

Appendix 2 Research Questionnaire (In Bahasa)………………………………127

Appendix 3 Distribution the Answer of Respondents…………………………..133

Appendix 4 Output Data Test Result…………………………………………...137

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CHAPTER I

INTRODUCTION

A. Research Background

Beverages industry is a prominent consumer able item and there is a huge

demand and potential in the market, particularly the non alcoholic ready to

drink soft drink (Bearden et al, 2004). As one example, Coca-Cola Company

is the world‘s leading manufacturer, marketer, and distributor of non alcoholic

beverage concentrates and syrups. Coca-Cola Company is now one of the

largest corporations in the world, with a global workforce of over 90,000

people and revenues of $31.9 billion in revenues in 2008.

(www.thecocacolacompany.com)

According to Vebbyna Kaunang, Marketing Director of Coca-Cola stated

that the Company‘s corporate headquarter at Atlanta, with local operations in

over 200 countries around the world. It shows that Coca-Cola brand is so

powerful that has been embedded in the minds of consumers as well as high

customer loyalty to encourage customers to continue to make repeat

purchases.

Over the years, the brand equity of the Coca-Cola trade mark, as well as

that of other Coca-Cola products, has established Coca-Cola as a prominent

figure in the non alcoholic beverages industry and allowed the company to

keep both revenues and profits high. On global level Coca-Cola is the most

popular brand and market leader controlling 60% of market share

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(www.cocacola.com). Based on the MarkPlus Insight research, Coca-Cola

occupies number one position as Indonesian Most Favorite Youth Brand for

the soft drink category which gained 48.5%.

Figure 1.1

Market Share of Coca-Cola Worldwide

Source: www.thecocacolacompany.com

As the market leader of beverages soft drink, Coca-Cola should be able to

protect their market share by keeping the loyal customers. According to

Waheed Akhter et al., (2011:1167) customer loyalty is one of the most

important issues organizations face today and keeping loyal customers has

become more important due to significant increase in competition and

concentrated markets. Oliver (1996) in Kotler and Keller (2012:149) defines

loyalty as a deeply held commitment to re-buy or re-patronize a preferred

product or service in the future despite situational influences and marketing

efforts having the potential to cause switching behavior. Loyal customers are

crucial to business survival (Semejin, Van Riel Allard et al., 2005) because

attracting new customers is considerably more expensive than retaining old

customers (Reichheld & Schefter, 2000). The importance of customer loyalty

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has been highlighted by many researchers and academicians. Zairi (2000:331)

said ―customers are the purpose of what we do and rather than them depending

on us, we very much depend on them. The customer is not the source of a

problem, we shouldn‘t perhaps make a wish that customers ‗should go away‘

because our future and our security will be put in jeopardy‖. That is the main

reason why organizations today are focusing on maintaining customer loyalty.

Maintaining customer loyalty can be reached by developing customer

value (Anderson et al., 2009:6), giving satisfaction to customer (Gandolfo

Dominici and Rosa Guzzo, 2010:5) and also build trust in a brand (Chaudhuri,

and Holbrook, 2001 quoted by Hasan Afzal et Al., 2010: 44). To determine

the extent of customer value, customer satisfaction and trust in brand with

customer loyalty researcher will conduct research in multinational beverage

industry Coca-Cola, Case Study of Consumer Coca-Cola in North Jakarta.

The researcher will conduct research on consumer Coca-Cola in North

Jakarta in order to know the emotional condition after purchase and consume

these products. Emotional feelings that are expected to represent Coca-Cola

consumer to compare what the consumer experience for consuming Coca-

Cola. When the emotions it appears it will arise a state of mind that would

cause the reaction to consumer behavior, so it acts as an emotional response to

input of satisfaction/dissatisfaction and trust/distrust consumer.

One of factor in creating customer loyalty is to build customer value.

Anderson et al., (2009:6) defines value as the economic, technical, service,

and social ―benefit-worth in monetary terms” that a customer receives when

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purchasing a product or service. By creating superior customer value, the firm

creates highly satisfied customers who stay loyal and buy more. This, in turn,

means greater long-run returns for the firm. Vargo & Lusch, (2004) quoted by

Daniel J. Flint et al., (2010:1) stated that it has become relatively common

knowledge that marketing managers must understand what their customers'

value in order to survive and grow in competitive markets. According to Flint,

Woodruff, & Gardial, (2002) yet merely knowing what customers' currently

value is clearly not enough because what they value changes suggesting that

suppliers must also have the capability to anticipate what customers will

value. Janiszewski (2008:395) stated that creating value and meaning for

consumers is at the core of contemporary marketing, allowing for experiences

that make products, services, or brands an integral part of consumers‘ lives.

Christopher P. Blocker et al., (2011:216) stated that, ―competitive

advantage grows fundamentally out of the value a firm is able to create for

customers.‖ Companies create superior customer value by providing ongoing

solutions to customers‘ articulated needs as well as their latent and future

needs. According to Ulaga and Eggert (2006:120) customer value represents

the trade-off between benefits and sacrifices that stem from a provider‘s

product and relationship resources which customers believe are facilitating

their goals.

Another factor that can be creates customer loyalty by delivering

satisfaction to customers. According to Hoq et al., (2010) customer

satisfaction is the most important factor that affects customer loyalty. Kotler

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and Armstrong (2009:23) stated those satisfied and loyal customers are

representing the opportunity to get new customer. Maintaining all existing

customer generally will be more profitable to be compared with attract new

customer. According to Gandolfo Dominici and Rosa Guzzo (2010:5)

customer satisfaction is a business philosophy which tends to the creation of

value for customers, anticipating and managing their expectations, and

demonstrating ability and responsibility to satisfy their needs. Customer

satisfaction is the starting point to build customer loyalty, therefore a long-

term relationship. Meanwhile, Kotler and Keller (2012:150) stated that a

highly satisfied customer generally stays loyal longer, buys more as the

company introduces new and upgraded products, talks favorably to others

about the company and its products, pays less attention to competing brands

and less sensitive to price, offers product or service ideas to the company, and

costs less to serve than new customers because transactions can become

routine. High satisfaction or delight creates an emotional bond with the brand

or company, not just a rational preference.

According to Anderson, et al., (2009) customer satisfaction occupies a

strategic position for the company's existence, because a lot of benefits to be

gained: first, many researchers agree that a satisfied customer tends to be

loyal. Solomon, in Dwi Suhartanto (2001) stated that satisfied customer will

also tend to buy back into the same manufacturer. The desire to buy back as a

result of this satisfaction is the desire to repeat the good experience and avoid

a bad experience. Second, the effect of customer satisfaction tends to consider

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the content providers are able to satisfy the first consideration if you want to

buy products or similar services.

According to Bearden et al., (2004) customer satisfaction is central to the

marketing concept and is a dominant cause of customer loyalty. Increased

loyalty on hence revenues, lowers the costs of individual transactions and

decreases price sensitivity. Satisfaction also has benefits within the firm, cost

associated with handling returns and warranty claims are reduced, as are those

associated with managing complaints. Meanwhile, Kotler and Keller

(2009:164), explain that satisfaction is a person‘s feelings of pleasure or

disappointment that result from comparing a products perceived performance

(or outcome) to their expectations. If the performance falls short of

expectations, the customer is dissatisfied. If the performance matches the

expectations, the customer is satisfied. If the performance exceeds

expectations, the customer is highly satisfied or delighted.

Vebbyna Kaunang, Marketing Director Coca-Cola said that Coca-Cola

are trying to fulfill desire of its customer by offering product range matching

with trend various circle, like offering many variety products, price range and

tidiness. Besides, Coca-Cola offers available of product in gathering place and

have activity. So, the reason why Coca-Cola is being truly global company

because of their product meets the varied taste preferences of consumers

everywhere.

Customer loyalty also can be created by building customer trust in a

brand. Trust has been recognized as important factors that influence customer

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loyalty. Definition of consumer trust by Rangkuti (2002:13) is all knowledge

of consumers and all conclusions made consumers about the objects, attributes

and benefits. Chaudhuri, and Holbrook, (2001) quoted by Hasan Afzal et al.,

(2010:44) stated that trust is a belief which is focused on specific appropriate

boundaries and limitations. To create loyalty in today‘s marketplace,

marketers have to hold what is becoming subsequent nature to business

marketers and focus on structuring and sustaining trust in the customer-brand

relationship. According to Worchel (1997) quoted by Hasan Afzal et al.,

(2010:44) trust can also be considered as goodwill and willingness that

enables the consumer to take risk. Goodwill is developed on the base of past

experiences. Trust is an expectation, which may cause a positive outcome,

despite the possibility that it may cause a negative outcome.

According to Vebbyna Kaunang, Marketing Director of Coca-Cola, trust

in brand have the important rule in protecting customers based on the

company‘s goal to keeping the loyal customers. According to Chaudhuri and

Holbrook (2001) quoted by Hasan Afzal et al. (2010:44) trust has to be

considered as the corner stone and as one of the most desirable qualities in the

relationship both between a company and its customers and in the relationship

between a brand and its consumers.

Based on previous research background, this research intends to analyze

the influence of customer value, customer satisfaction and trust in brand

toward customer loyalty‖ (Case Study on consumer Coca-Cola in North

Jakarta).

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B. Problem Formulation

The amount of sales achieved by Coca-Cola‘s company can occur due to

wider distribution channels, the new consumers, as well as repeat purchase by

usual consumers and the existence of customers who loyal on Coca-Cola

brand will be able to increase sales and be able to maintain a good position in

the market (www.thecocacolacompany.com). Loyalty is an old-fashioned

word that has traditionally been used to describe fidelity and enthusiastic

devotion to a country, cause or individual. More recently, it has been used in a

business context to describe a customer‘s willingness to continue patronizing a

firm over the long term, purchasing and using its goods and services on a

repeated and preferably exclusive basis, and recommending firm‘s products to

friends and associates. The occurrence of repeat purchases is due to customer

satisfaction and trust in a brand that inherent in the minds of consumers so that

it will create customer loyalty (Lovelock and Wirtz, 2004:352). To analyze the

influence of customer value, customer satisfaction and trust in brand toward

customer loyalty, the researcher makes the following questions.

1. Does the customer value significantly influence customer loyalty?

2. Does the customer satisfaction significantly influence customer loyalty?

3. Does the trust in brand significantly influence customer loyalty?

4. Do the customer value, customer satisfaction and trust in brand

significantly influence customer loyalty?

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C. Purpose and Benefit of Research

1. Purpose of Research

This research aims to:

a. Analyze the influence of customer value to customer loyalty

b. Analyze the influence of customer satisfaction to customer loyalty

c. Analyze the influence of trust in brand to customer loyalty

d. Analyze the influence among customer value, customer satisfaction

and trust in brand to customer loyalty

2. Benefit of Research

This research is expected to provide benefits for:

a. Coca-Cola‘s Company

The results of this study are expected to be used as a reference and

information materials for Coca-Cola about how to maintain customer

loyalty to their products with due regard to value and customer

satisfaction. It‘s also useful for company to keep trust in a brand that

inherent in the mind of customers.

b. The researcher

Researcher can learn how customer value, customer satisfaction and

trust in brand influence customer loyalty.

c. Research is also expected to be useful as a source of information for

the needy as well as useful for the intensive search-related research in

the future.

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CHAPTER II

LITERATURE REVIEW

A. CUSTOMER VALUE

1. Definition of Customer Value

In the marketing, elementary element which make successful

company in maintaining its customer is innovation assess customer

superior. Zeithaml et al., (2006:187) stated that from a customer‘s

perspective, customer value is what they ―get‖ (benefits) relative to what

they have to ―give up‖ (costs or sacrifices). According to Gale (1994) in

Alida (2007) customer value is the consumer perception to value to the

quality of which offered on the market that higher relative from competitor

will influence the loyalty customer story level, value perception excelsior

felt by customer, hence is ever greater of possibility the happening of

transaction or relation. The term customer value has many meanings

(Woodall, 2003), but two dominate value for the customer (customer

perceived value or customer received value) and value for the firm (value

of the customer, now more commonly referred to as customer lifetime

value). Woodruff (1997) in Minna Pihlstrom (2008:32) defines customer

value as a customer perceived preference for and evaluation of those

product attributes, attribute performance, and consequences arising from

use that facilitate (or block) achieving the customer‘s goals and purposes

in use situations. Holbrook (2005:46) defines customer value as an

10

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―interactive, relativistic preference and experience‖, which is also a bit

difficult to understand and apply, but is seemingly intended to capture

some of the key characteristics of customer value. These include, it is

perceived uniquely by individual customers; it is conditional or contextual

(depending on the individual, situation, or product); it is relative (in

comparison to known or imagined alternatives); and it is dynamic

(changing within individuals over time).

Kotler (2000:37) stated that marketing, as a purpose, is to deliver

more value to satisfy customers as well as to build a long-term and

mutually profitability relationship with a customer. Lemon, Rust and

Zeithaml (2001:22) define value is the keystone of the customer‘s

relationship with the firm. According to Kotler and Keller (2009:161)

customer value is the difference between total customer benefit and total

customer cost. Total customer benefit is the perceived monetary value of

the bundle of economic, functional and psychological benefits customers

expect from a given market offering because of the products, services,

personnel and image involved. Total customer cost is the perceived bundle

of costs customers expect to incur in evaluating, obtaining, using and

disposing of the given market offering, including monetary, time, energy

and psychological cost. From the definition, can be concluded that

customer value represent everything which is wanted by consumer in

service or product by maximizing the quality of which is accepted by

consumer from cost which is released.

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Figure 2.1

The Determinant of Customer-Perceived Value

Source: Kotler and Keller (2009)

According to Lemon, Rust and Zeithaml (2001:22) value is delivered

from three key factors: quality, price and convenience. Quality is viewed

as goods and services quality. Price is the monetary sacrifice. Convenience

(non-monetary sacrifice) relates to all the benefits customers received,

such as time saved and effort to do business with the firm. Keegan (2002)

stated that the task of marketing is to create customer value that is greater

than the value was created by competitors. Value for the customer can be

Customer-Perceived

Value

Total customer benefit

Image benefit

Personnel benefit

Service benefit

Product benefit

Psychological cost

Energy cost

Timing cost

Monetary cost

Total customer cost

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increased by expanding or improving product and/or service benefits, by

reducing the price, or by combination of these elements. Companies with

cost advantage can use price as a competitive weapon. Knowledge of the

customer combined with innovation and creativity can lead to a total

offering that offers superior customer value. If the benefits and value are

strong enough by customer, a company does not need to be the low-price

competitor to win customer.

2. Customer Value Measurement

According to Kotler and Keller (2009:161) forming of customer

loyalty can be done by creating value that accepted by customer represent

the difference between the prospective customer‘s evaluation of all the

benefit and also the costs of an offering and the perceived alternatives.

Value of the customer offering can be increased by some combination of

raising economic, functional or emotional benefits and/or reducing one or

more of the various types of costs.

Can be seen from the equation below:

Value (V) = Benefit (B)

Cost (C)

Where:

V = Value

B = Benefits (product, service, personnel, and image company)

C = Cost (monetary, time, energy and psychological)

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According to Rostamy (2009) the following components create total

customer benefit, including product benefit, service benefit, personnel

benefit, and image benefit, which are:

a. Product benefit

Product benefit represents the benefit accepted by consumer at the time

of consuming product or service. Product benefit, including product

variety, easy repaired and cost components.

b. Service benefit

Service is accepted benefit by consumer in the form of moment service

buy and consumes product and service. Service benefit, including the

appearance of the stores, service waiting time, services processes and

service information.

c. Personnel benefit

Personnel benefit is benefit given by company‘s personnel to customer

after happened purchasing decision of goods and services. According

to Tschohl (2006) personal benefits are the individuals' beliefs about

what are desirable to themselves. They are self-centered; that is,

personal values are closely linked to needs. Personal benefits are

enduring beliefs which guide various actions and judgments across

specific situations. Hence, personal benefits are more abstract and may

be generalizable easier than values of actions. Personnel benefit

including personnel skills and knowledge, responsiveness,

communication and collaboration and friendliness components.

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d. Image benefit

Including credibility, technology excellence and ability to satisfy

future needs.

According to Kotler and Keller (2009:162), total customer cost is the

perceived bundle of costs customers expect to incur in evaluating,

obtaining, using and disposing of the given market offering, including

monetary cost, time cost, energy cost and psychological cost.

a. Monetary cost is the cost of which is released by customer in the form

of money at the time of getting and consuming product or service.

b. Time cost is the cost of which is released by customer in the form of

time at the time of getting and consuming product or service.

c. Energy cost is the cost of which is released by customer in the form of

energy at the time of getting and consuming product or service.

d. Psychological cost (psychic and mind) buyer is the cost of which is

released by customer in the form of mind to get product and at the time

of consuming product or service.

3. Factors That Formed Customer Value

In identifying sacrifice and benefit/expense, consumer do not only

considering functional things or performance but also social and any

factors emotionally ( Sheth et al., 1999; and Soutar and Sweeney, 2001)

quoted by J. Brock Smith and Mark Colgate (2007:8). Therefore, the

investigation of customer value consists of functional value, social value

and emotional value.

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a. Functional Value

Functional/instrumental value is concerned with the extent to which a

product (good or service) has desired characteristics, is useful, or

performs a desired function. As suggested by Woodruff (1997) in J.

Brock Smith and Mark Colgate (2007:10), three key facets of

functional/ instrumental value, which are:

1) Correct, accurate, or appropriate features, functions, attributes, or

characteristics (such as aesthetics, quality, customization, or

creativity).

2) Appropriate performances (such as reliability, performance quality,

or service–support outcomes), and

3) Appropriate outcomes or consequences (such as strategic value,

effectiveness, operational benefits, and environmental benefits).

Sheth, Newman, and Gross (1999) quoted by J. Brock Smith and Mark

Colgate (2007:8) stated that functional value represents the perceived

utility of an alternative resulting from its inherent and attribute or

characteristic-based ability to perform its functional, utilitarian, or

physical purposes.

b. Social Value

Sheth, Newman, and Gross (1999) quoted by J. Brock Smith and Mark

Colgate (2007:8) stated that social value represents the perceived

utility of an alternative resulting from its image and symbolism in

association or disassociation with demographic, socioeconomic, and

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social image can be an important factor that affects consumers‘

decision making. Social value is the usefulness felt to be earned by

consumption from an alternative as result of its association with one or

more specific social group.

c. Emotional Value

Emotional value is expected to incorporate consumers‘ affective

responses to service stimuli in a cognitive-oriented, means-end model.

In a retailing context, Sweeney and Souter (2001) quoted by Orose and

Boonchai (2011:69) found that emotional value is the strongest

predictor of consumers‘ purchase intention. Chitturi, Raghunathan and

Mahajan, (2007) stated that however, it was revealed that customers

place higher priority on utilitarian benefits than to hedonic benefits.

According to Eroglu, Machleut and Barr (2005) that in general,

research also supports the positive influence of the perceived

emotional value of satisfaction. Sheth, Newman, and Gross (1999)

quoted by J. Brock Smith and Mark Colgate (2007:8) stated that

emotional value represents the perceived utility acquired by an

alternative as a result of its ability to arouse or perpetuate feelings or

affective states, such as comfort, security, excitement, romance.

Roger Palmer et al., (2007:11) stated that the value of the product to

the customer can be considered in two parts:

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a. Economic value

Otherwise known as ‗value in use‘, this refers not just to the initial

purchase price but also to wider areas such as switching costs, training

and installation costs, ongoing cost of maintenance, depreciation and

end-of-life disposal costs. By relating economic value in use to the

requirements of the customer, a higher price can often be justified.

b. Perceived value

Qualitative aspects of the product such as the brand, previous

experience and reputation can all add to perceived value. Whilst

product may be functionally similar, the customer may perceive one as

superior to the other.

B. CUSTOMER SATISFACTION

1. Definition of Customer Satisfaction

According to Chitty et al., (2007) quoted by Mojtaba Kaveh (2011:4)

customer satisfaction is a complete evaluation of the accumulated purchase

and consumption experience, which reflects a comparison between the

sacrifice experienced and the perceived rewards. According to Gandolfo

Dominici and Rosa Guzzo (2010:3) customer satisfaction is the outcome

of customer‘s perception of the value received in a transaction or

relationship, where value equals perceived service quality, compared to the

value expected from transactions or relationships with competing vendors.

Roger Palmer et al., (2007:11) stated that customer satisfaction can be

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considered as a measure of current performance, and the propensity of

customers to recommend a product or service to other potential customers

can be one guide to the future value of customers. Barsky and Nash (2003)

stated that in order to achieve customer satisfaction, it is important to

recognize and to anticipate customers' needs and to be able to satisfy them.

Enterprises which are able to rapidly understand and satisfy customers'

needs, make greater profits than those which fail to understand and satisfy

them.

According to Gandolfo Dominici et al. (2010:5) since the cost of

attracting new customers is higher than the cost of retaining the existing

ones, in order to be successful, managers must concentrate on retaining

existing customers implementing effective policies of customer

satisfaction and loyalty. Bitner and Zeithaml (2006:110) stated that

satisfaction is the customers‘ evaluation of a product or service in terms of

whether that product or service has met their needs and expectations.

Matzler et al., (2006:217) stated that if price will be high, the satisfaction

with price will be high. If there are no hidden costs and if prices do not

change unexpectedly customers will perceive high price reliability.

According to Boselie, Hesselink, and Wiele (2002) satisfaction is a

positive, affective state resulting from the appraisal of all aspects of a

party‘s working relationship with another. According to Hart and

Stapletun (2005) consumer satisfaction is a person or organization who

actually makes the purchase decision even though it may not directly

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consume or user of the product or service. They also stated that,

satisfaction is the union of one's feelings resulting from the comparison of

the perceived usability of the product with the expectation of the product.

While Gasfersz (2005) defines a consumer is any person who requires the

company to meet a certain quality standards and will therefore affect the

performance of the company.

Oliver (2005) in Eggert & Ulaga (2006) stated that customer

satisfaction, which refers to ―the summary psychological state resulting

when the emotion surrounding disconfirmed expectations is coupled with

the consumer‘s prior feelings about the consumption experience‖, is often

considered as an important determinant of repurchase intention and

customer loyalty. According to Zeithaml and Bitner (2006:111) customer

satisfaction can be defined as a consumer‘s fulfillment response that is, it

is a judgment that ―a product or service feature, or product or service itself,

provides a pleasurable level of consumption-related fulfillment‖.

Meanwhile, Hansemark and Albinson (2004) quoted by Harkiranpal Singh

(2006:1) state that ―satisfaction is an overall customer attitude towards a

company, or an emotional reaction to the difference between what

customers anticipate and what they receive, regarding the fulfillment of

some need, goal or desire‖. On the other hand, Deng, Lu, Wei and Zhang

(2009) stated that a high level of customer satisfaction may have a positive

effect on customer loyalty.

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Kotler and Keller, (2012:150) define customer satisfaction as a

function of the closeness between expectations and the product‘s perceived

performance (or outcome). If the performances fall short of expectations,

the customer is disappointed. If the performances meet the expectations,

the customer is satisfied. If the performance exceeds expectations, the

customer is highly satisfied or delighted. These feelings make a difference

in whether the customer buys the product again and talks favorably or

unfavorably about it to others. Parasuraman et al., (1988) quoted by

Mojtaba Kaveh, (2011:4) stated that satisfaction research is mainly

influenced by the disconfirmation paradigm. This paradigm states that the

customer‘s feeling of satisfaction is a result of a comparison process

between perceived performance and one or more comparison standards,

such as expectations.

Meanwhile, Lovelock and Wirtz (2004:44) define satisfaction as an

attitude like judgment following a purchase act or a series of consumer

product interactions. The confirmation/disconfirmation of preconsumption

expectations is the essential determinant of satisfaction. This means that

consumer have certain service standards in mind (their expectations) prior

to consumption, observe service performance and compare it to their

standards, and then form satisfaction judgment based on this comparison.

The resulting judgment is labeled negative disconfirmation if the service is

worse than expected, positive disconfirmation if better than expected, and

simple confirmation if as expected.

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Based on Casalo´ et al. (2008) quoted by Norazah Mohd Suki,

(2010:8) satisfaction refers to an affective consumer condition that result

from a global evaluation of all the aspects that make up the consumer

relationship. Thus customer satisfaction remains an extremely important

component in customer loyalty. A company will find it difficult to earn

customer loyalty without first earning high levels of customer satisfaction.

According to Ulaga and Eggert (2006) the customer is satisfied when

he/she feels that the product‘s performance is equal to what was expected

(confirming). If the product‘s performance exceeds expectations, the

customer is very satisfied (positively disconfirming), if it remains below

expectations, the customer will be dissatisfied (negatively disconfirming).

Figure 2.2

The Disconfirmation Model of Consumer Satisfaction

Source : Lovelock and Wirtz (2004)

Expected Performance Perceived Performance

Comparison

P - E

Confirmation

Neutral

P > E

Positive

Disconfirmation

Satisfaction

P < E

Negative

Disconfirmation

Dissatisfaction

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2. Factors that Formed Customer Satisfaction

According to Parasuraman and Grewal, (2000:169) customer

satisfaction is one measure to see the competitiveness of an enterprise.

Based on some scientific research about the customer satisfaction, there

are five primary factor determining the level customer satisfaction which

consists of:

a. Product Quality

If a product fulfills the customer‘s expectations, the customer will be

pleased and consider that the product is of acceptable or even high

quality. If his or her expectations are not fulfilled, the customer will

consider that the product is of low quality. This means that the quality

of a product may be defined as ―its ability to fulfill the customer‘s

needs and expectations‖ (Unido, 2006). The main parts of overall

quality are safety, durability and freshness. A safe food should cause

no unwanted physical side effects. Freshness is an individual opinion;

it is how the consumer feels about the product based upon their senses.

Freshness is more of a nebulous concept. Ultimately the quality of a

product is going to be determined by the consumer buying it.

Therefore any quality measurement should correlate to sensory

changes in the product. Two of the main senses that customers use are

sight and smell, it usually comes down to how the consumer feels

about the product‘s general appearance and/or odor. And durability

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related to the measure of the product‘s expected operating life (Dodd,

2006:5).

b. Emotional factor

Emotional factor related to the product or services arouse feelings or

affect.

c. Price

The price of a product/service can be analyzed associated with

customers‘ quality expectations and/or their past experiences. If the

price is judged too expensive, consumers might not purchase. A low

price policy causes poor positioning and neglected opportunities.

However, price appears to be a standard for quality in some

circumstance. ‖a higher price level equals a better quality in the minds

of customers, especially when the service is highly intangible‖

(Gonroos, 2000:80).

d. Cost and ease of to gain the product or service

Customers can find products or services easily with cheap cost that can

fulfill their needs and wants.

Thomas Foster (2010) explained that there are some factors which are

often used in evaluating satisfaction to product manufacturing, consist of:

a. Performance refers to the efficiency with which a product achieves its

intended purpose.

b. Features, refers to attributes that supplement the product‘s basic

performance

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c. Reliability, which is the reliability and consistency of performance of

service facilities, goods and staff. This includes punctual service

delivery and an ability to keep to agreements made with the customer.

d. Conformance to specifications refers to the degree to which a

product‘s design & operating characteristics meet prior established

standards. Conformance to specifications focuses attention on the

internal & operating view of quality.

e. Durability, related to the measure of the product‘s expected operating

life.

f. Serviceability refers to speed, courtesy & competence of repair.

Consumers are concerned, not only about a product‘s break-down, but

also about the elapsed time before service is restored, the timelines

with which service appointments are kept, the nature of their dealings

with service personnel & with the frequency with which service calls

or repairs fail to correct outstanding problems & specific customer

issues.

g. Esthetics, extent to which the components of the service package are

agreeable or pleasing to the customer, including both the appearance

and the ambience of the service environment, the appearance and

presentation of service facilities, goods and staff.

h. Perceived quality refers to what customers think they are buying,

rather than what they are actually buying. Perceived quality extends

beyond what is put into the package.

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3. Customer Satisfaction Measurement

Kotler and Armstrong (2003:148) discuss several methods to measure

customers‘ satisfaction, which are:

a. Complaint and Suggestion system

Each customer-oriented service organization should provide the

widest opportunity to its customers to submit suggestions, criticisms,

opinions, and their complaints. Information obtained through this

method can provide new ideas and input are valuable to the company

making it possible to react quickly and respond in overcome the

problems that arise.

b. Customer Satisfaction Survey

Like in this research, company does a survey to measure customer

satisfaction using such as questionnaire or by phone calls to a random

sample of their customers. Through the survey, companies will get

responses and feedback directly from customers and give a positive

sign that companies pay attention to them. Customer satisfaction

survey is divided into four categories, which are:

1) Directly reported satisfaction

The respondent are being asked directly with question in order

to know if they are very satisfied, satisfied, enough, dissatisfied, or

very dissatisfied. This survey is used to collect the customer

opinion and needs which can give the result called the customer

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satisfaction index. This customer satisfaction index‘s the standard

the company needs to maintain.

2) Derived dissatisfaction

The question that being asked included two aspects, how high

is the customer expactation in the certain attribute, and how high is

the performance that customer‘s feel of this attribute.

3) Problem analysis

Respondent are being asked to describe two things; the

problem which related with the company offer and suggestion for

improvement.

4) Importance performance analysis

The respondents are asked to rate the services according to the

customer importance and company performance in each attributes.

c. Ghost Shopping

This method use a person to pose as potential buyer to report their

findings on strong and weakness points when experiencing buying the

company‘s and competitor‘s products. The Ghost Shoppers can also

observe how the company and its competitors in serving customer

demands, answering customer questions, and solve any problems or

customer complaints.

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d. Lost customer analysis

The company contact customers who have stopped buying or

switched to another supplier tolearn why this condition happened and

in order to understand and take policies to further improve or refine.

e. Some caution in measuring customer satisfaction

The company must make a well-structured questionnaire;

otherwise the customer would face a huge questionnaire. The company

must also be able to recognize that two customers can report being

highly satisfied for two reasons. One person maybe easily satisfied

most of the time, and the other one might be hard to please but was

pleased on this occasion.

C. TRUST IN BRAND

1. Trust

Anderson and Weitz (2006) define trust as one party‘s belief that its

needs will be fulfilled in the future by actions taken by the other party.

According to Moorman et al. (2007), trust is a willingness to rely on an

exchange partner in whom it has confidence. Finally, Morgan and Hunt

(2008) conceptualize trust as existing when one party has confidence in an

exchange partner‘s reliability and integrity. In an industrial buying context,

Doney and Cannon (2007) define trust as the perceived credibility and

benevolence of a target of trust. The first dimension of trust focuses on the

objective credibility of an exchange partner, an expectancy that the

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partner‘s word or written statement can be relied on (Lindskold, 2004).

The second dimension of trust, benevolence, represents the extent to which

one partner is genuinely interested in the other partner‘s welfare and

motivated to seek joint gains. This definition of trust is relevant in an

industrial buying context.

Mickel, (1998) quoted by Ali Sorayaei and Marjan Hasanzadeh

(2012:80) stated that in the field of brand issues, trust is a kind of safety

feel by the consumer in relation with the brand answering this question:

―Does the brand fulfill expectations of the consumer?‖ This feeling can be

expressed based on two general dimensions, namely reliability to the

brand and main intents of it toward individuals. The first dimension is

associated with this assumption whether the brand has adequate capability

and ability to cope with the needs of consumers. For instance, through

offering proposals of new products this would be felt necessary by

consumers in the future, or through suggesting different quality levels for

the products. The second dimension associated with intents of the brand is

more derived from emotional and sensational causes.

Moorman et al., (2007) stated that trust is especially important in

relationships characterized by high levels of vulnerability and uncertainty.

Without vulnerability, trust is unnecessary because the results do not have

any consequences for the trust. Without uncertainty, trust is unnecessary

because the trust can control or has some knowledge about his partner‘s

actions.

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Delgado-Ballester and Munuera-Aleman, (2005) stated that building a

strong brand with loyal customers is of strategic importance for marketing

managers because it provides substantial competitive and economic

benefits to a firm, such as less vulnerability to competitive marketing

actions, reduced marketing costs, higher rates of return on investment

through increases in market shares, better cooperation with intermediaries,

favorable word of mouth and greater extension opportunities. Finally,

Chaudhuri and Holbrook, (2001) quoted by Hasan Afzal et al. (2010:44)

stated that trust has to be considered as the corner stone and as one of the

most desirable qualities in the relationship both between a company and its

customers and in the relationship between a brand and its consumers. The

focus on brand trust is based on findings that there is a strong positive

relationship between trust and loyalty.

2. Brand

Brand is one of the important things for a company and helps buyers

in many ways. With the brand allows consumers to identify or decide to

make a purchase of a product. When consumers are familiar with the brand

and embedded in the minds of consumers, it shows that the satisfaction

they have been met and will encourage consumers to make repeat

purchases. Kotler (2000:444) also stipulates that a brand is essentially a

seller‘s promise to consistently deliver a specific set of features, benefits,

and services to buyers. Further, a brand represents promises about what a

product/service or a company can deliver.

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Kotler and Armstrong (2007:241) defines brand as a name, term, sign,

symbol, or design, or a combination of them, which is intended to

identifies the maker or seller of a product or services and to differentiate

them from those competitors. Consumers view a brand as an important

part of a product, and branding can add value to a product. Buyers who

always buy the same brand know that they will get the same features,

benefits, and quality each time they buy. The brand name becomes the

basis on which a whole story can be built about a product‘s special

qualities.

According to Anber Abraheem Shlash Mohammad (2012:112) brands

as intangible assets are one of the most valuable assets that companies

have, and its value for the final customer. Its choice by the customer

determined by its functions and its importance that plays a critical role in

the formation of customer preferences. Thus, brand has become a source

of purchasing decision-making. In fact, the customer considers the brand

choice prior to the purchase decision. So as brand affects the behavior of

the customer in relation to the repeated purchase process and affects his or

her adherence to the brand that stems from the conviction of its strength

and influence. In addition, brand creates a relationship with the customer,

whether a positive relationship by being loyal to the brand or negative

relationship by changing the brand.

According to Keller (2003) famous brand can spread the benefits of

the product and lead to delivery of information related to these benefits

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more than uncommon brands. In addition, brand allows the development

of the product identity. Kohli and Thakor (2000) stated that in sum, brand

is important for a company because it helps the organization attract

customers to buy the product, influences the customer behavior and

encourages him or her to repeat the purchase process. As well as, turns

customers' eyes to recognize products in term of its associated brands.

According to Anber Abraheem Shlash Mohammad (2012:113) brand is

one of the important elements in the strategy of products' manufacturers. It

represents a pillar of the strong attendance in the market and in the minds

of customers. It enhances the capital value of the organization as it the

mean that allows naming many of organization products within a diverse

range of brands, which leads customer to give a great importance to the

brand when he or she doing choice. That is, a brand responses to some

benefits that translated by the functions performed for the buyer or

customer.

According to Christodoulides & Chernatony (2010), a successful

brand is an identifiable product, service, person or place, augmented in

such a way that the buyer or user perceives relevant, unique added values

which match their needs most closely. Morgan (2000) states that brand

become successful only if its owners have an accurate perception of its

constitutional assets. Among the most important assets of a brand, one of

them is the value than customers grant to that brand. Then it is the

investment for brand management, in such a way that it both preserves the

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brand‘s value and do not miss the customer loyalty through the

preservation of the brand‘s characteristic.

3. The Benefit of Brand

Brand can be beneficial to customers, brokers, manufacturers, and

public (Nisha Jain, 2010), as follows:

a. For the buyer, the brand benefits are:

1) Help buyer identify the product that they like/dislike

2) Identify marketer

3) Helps reduce the time needed for purchase

4) Helps buyer evaluate quality of products especially if unable to

judge products characteristics

5) Helps reduce buyers‘ perceived risk of purchase

6) Buyer may derive a psychological reward from owning the brand

b. For sellers, the brand benefits are:

1) Differentiate product offering from competitors

2) Helps segment market by creating tailored images,

3) Brand identifies the companies‘ products making repeat purchases

easier for customers.

4) Reduce price comparisons

5) Brand helps firm introduce a new product that carries the name of

one or more of its existing products, half as much as using a new

brand, lower cost designs, advertising and promotional costs.

6) Easier cooperation with intermediaries with well known brands

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7) Facilitates promotional efforts.

8) Helps foster brand loyalty helping to stabilize market share.

9) Firms may be able to charge a premium for the brand.

According to the Temporal and Lee (2002:44), the reason the brand is

important for consumers is due to:

a. Brand gives the option

Human choice and loved the brand gives them the freedom to

choose. Along with her increasingly fragmented market, the

company sees the importance of giving different options to

different consumer segments. Brands can provide options, allowing

consumers to distinguish the various companies offer.

b. Brand facilitate decision

Brand made the decision to buy easier. Consumers may not know

much about a product he's attracted, but the brand can make it

easier to choose. Well-known brands attract a lot more attention

than those who do not, usually because the brand is known and

trustworthy.

4. Trust in a Brand

Trust in a brand is defined as the customer wishes to rely on a brand

with the risks faced because of expectations for the brand that will lead to

positive results (Lau and Lee, 1999, quoted by Aditya, 2011:40). Brand

trust is the willingness of the average consumer to rely on the ability of the

brand to perform its stated function and propose a strong impact of brand

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trust on attitudinal and repurchases loyalty. Brand trust leads to higher

levels of loyalty as trust creates exchange relationships that are highly

valued (Chaudhuri and Holbrook, 2001:91).

Building a strong brand with loyal customers is of strategic

importance for marketing managers because it provides substantial

competitive and economic benefits to a firm, such as less vulnerability to

competitive marketing actions, reduced marketing costs, higher rates of

return on investment through increases in market shares, better

cooperation with intermediaries, favorable word of mouth and greater

extension opportunities (Delgado-Ballester and Munuera-Aleman, 2005).

Trust in brand from the consumer point of view is the confidence that

a brand is a psychological variable reflecting the number of initial

assumptions that involve the accumulation of credibility, integrity and

excellence that is attached to a particular brand. Therefore, companies

should be able to establish three important points to retain the trust of

customers in order to create commitment of customers now and in the

future (Gurvez & Korchin, 2003).

There are three factors that influence trust in a brand. Third of this

factor relate to three entities which come within in relation between

consumer and brand. As for the third factors are brand characteristics,

company characteristics, and consumer-brand characteristics. Then, Lau

and Lee positioned that trust in brand will generate to brand loyalty. The

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third relationship factors of trust in brand can be described as follows (Lau

and Lee (1999) quoted by Hasan Afzal et al., (2010:45):

1) The brand‘s characteristics play a vital role in determining whether a

consumer decides to trust in. The brand‘s properties such as brand

reputation, brand predictability and brand competence have an

important function in shaping consumer trust. Brand predictability,

brand reputation and brand competence assist for developing consumer

trust in brand. Before purchasing a brand, consumers judge brand

through these characteristics. High demand of brand indicates high

reputation in the mind of consumers. Reputation means

trustworthiness, integrity, and honesty. It can be seen from past

experience of third party‘s trustworthiness, integrity, and honesty.

Brand reputation can be judged from consumer opinion, comments,

estimation and beliefs, if people are suggesting the usage of a brand

then it is considered as a sign of good reputation. A brand‘s reputation

refers to the attitude of consumers that the brand is good and reliable.

Brand reputation can be developed through advertising and public

relations, and it enhances its quality. Brand predictability is ability of

one buyer which is perceived by the other buyer. It is a brand which

allows customer to perceive brand characteristics, with trust that brand

will satisfy their needs. Predictability is also dependent on product

attributes and brand worth. When a consumer predicts about a brand

while being used by other consumer, then this shows that he predicts

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about that product. Knowledge-based trust, stranded in behavioral

certainty survives while one party has sufficient knowledge concerning

another to recognize and forecast its likely performance that it will

perform trustworthily. Kelly and Stahelski (1970) quoted by Hasan

Afzal (2010:46) argued that predictability enhances trust, even if the

other party is predictability untrustworthy, because the ways in which

trust is violated can be predicted. A brand‘s predictability enhances

confidence because the consumer knows that nothing unexpected may

happen when it is used. As such, brand predictability enhances trust in

a brand because predictability builds positive expectations. Brand

competence is a competent brand is one that has the ability to crack a

customer‘s problem and to meet the need competent brand includes

crucial elements for solving consumers‘ problem. Utilization of brand

is only one way to find out brand competency, good brands are that

which are able to satisfy the needs of a customer and its attributes must

be compatible with customer‘s needs. Brand ability is the properties of

brand which are perceived by customer as value.

2) The characteristics of the company behind a brand also influence the

degree to which consumers trust in brand. A consumer‘s knowledge

about the company behind a brand is likely to affect their assessment

of the brand. The characteristics of the company proposed to affect a

consumer‘s trust in a brand are the customer‘s trust in the company

that will not deceive customer, the company‘s reputation in the

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customer‘s mind as big company, the perceived motives of the

company can influences confidence. Hence, when a consumer

perceives paid attention by the company behind a brand to be

benevolent and acting in the consumer‘s best interest.

3) Therefore, consumer-brand characteristics can affect a consumer‘s

trust in a brand. These characteristics include similarity between the

consumer‘s self –concept and the brand‘s image, liking for the brand,

and brand personality. Self-concept denotes the totality of an

individual‘s thoughts and feelings with reference to himself or her as

an object and brand‘s image can be described as the set of human

characteristics associated with a given brand. Liking for the brand

denotes a certain fondness one party has towards another party because

the party finds the other party pleasant and agreeable. According to

Fournier, S, (1998) quoted by Ali Sorayaei and Marjan Hasanzadeh,

(2012:80) brand personality, defined as all personality traits used to

characterize a person and associated with a brand, is a concept within

the field of relational marketing. It helps better understand the

development and maintaining of relations between brands and

consumers. In addition, it explains how those relationships impact

consumers‘ behavior.

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D. CUSTOMER LOYALTY

1. Customer Loyalty

In increasingly competitive markets customer loyalty is seen as the key

factor in winning market share and developing sustainable growth for over

longer period of time (Afsar et al., 2010). Customer loyalty is the feelings

or attitudes that incline a customer either to return to a company, shop or

outlet to purchase there again, or else to re-purchase a particular product,

service or brand. It affects the success and profitability of companies.

Companies can achieve competitive advantage through customer loyalty

and it is the way to gain the best kind of customers and thereby repeat

customers (Kim et al., 2004:145)

According to Reichheld (1996) and Lee & Cunningham (2001),

perception of a customer affects his judgment and in turns his loyalty

towards the product or services. Eakuru and Mat (2008) quoted by Mei-

Lien Li et al., (2012:1) stated that loyalty provides the foundation of a

company's sustained competitive advantage. Thus, loyalty is linked to the

success and profitability of a firm. Kim et al. (2004) stated that by

developing and increasing loyalty, companies can ensure its proper growth

and economic performance. So the marketing strategy of the companies

should be framed in such a way that they will be able to try to retain the

existing customers by increasing their loyalty and value.

Meanwhile, Auh and Johnson (2005) traditionally understood the

concept of loyalty as a customer expectation or inclinations to buy back the

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product or service. According to Taylor et al., (2004) customer loyalty is a

strategic corporate asset if properly managed has the potential to provide

added value such as a reduction in marketing costs, attract new customers,

increase trade and provide a defense against competition.

Customer loyalty, on the other hand, according to Anderson and

Jacobsen, (2000) quoted by Harkiranpal Singh, (2006:1) ―is actually the

result of an organization creating a benefit for a customer so that they will

maintain or increase their purchases from the organization. According to

Deng et al., (2009) customer loyalty is the consequence of customer

satisfaction. It has also been found to be a key determinant of a firm‘s long-

term viability. Singh and Sirdeshmukh (2000:25) suggested the customer

loyalty as ―the market place currency of the twenty-first century‖. Ndubisi

and Pfeifer (2005:49) pointed out that the cost of serving a loyal customer

is five or six times less than a new customer. This statement shows the

importance of customer loyalty. Walsh (2005:440) mentioned that it is

better to look after the existing customer before acquiring new customers.

Gee et al. (2008:359) stated the advantages of customer loyalty are as:

a. The service cost of a loyal customer is less than new customers

b. They will pay higher costs for a set of products; and

c. For a company, a loyal customer will act as a word-of-mouth marketing

agent.

Bansal and Gupta (2001) stated that building customer loyalty is not a

choice any longer with businesses, it‘s the only way of building sustainable

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competitive advantage. Building loyalty with key customers has become a

core marketing objective shared by key players in all industries catering to

business customers. According to Kotler (2009), loyalty can be achieved

through two stages:

a. The Company shall have the ability to give satisfaction to the

consumers so that consumers get a positive experience, means the

purchase of re-prioritized on previous sales.

b. The Company must have a way to maintain a more distant relationship

with their customers by using the method of forced loyalty that

consumers want to make repeat purchases.

2. Method of Customer Loyalty Measurement

According to Lovelock and Wirtz (2004:352) loyalty is the willingness

of consumers to subscribe to the company on an ongoing basis, purchasing

and using goods and services on a repeated and preferably exclusive basis,

and recommending the firm‘s products and services to friends and

associates. In general, there are three distinctive approaches to measure

loyalty:

a. The behavioral measurement

b. Attitudinal measurement

c. Composite measurement

The behavioral measurement considers consistent, repetitious purchase

behavior as an indicator of loyalty. Thus, repeat purchase does not always

mean commitment. Roger Palmer et al., (2007:10) stated that behavioral as

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the act of purchase may be due to a number of factors perhaps loyalty,

where the customer has a preference for the product, or simply through

habitual behavior or the lack of alternatives. Attitudinal measurements use

attitudinal data to reflect the emotional and psychological attachment

inherent in loyalty. Roger Palmer et al., (2007:10) stated that repurchase is

driven by underlying emotions which are expressed as preference for the

brand, product or service despite the opportunities posed by alternative and

substitute products. The third approach, composite measurements of

loyalty, combines the first two dimensions and measurement of loyalty.

Meanwhile, Oliver (1997) in Kotler and Keller (2009:163) divided the

levels of loyalty based on the quality and quantity of re-purchase and

resistance power of competitor‘s product or service.

Figure 2.3

Oliver’s Four Stage Loyalty Model

Source: Oliver (Sivadas and Prewitt, 2000).

Service Quality Relative Attitude Recommend Share of Visits

Satisfaction Repurchase

Cognitive

Loyalty Affective

Loyalty

Conative

Loyalty

Action

Loyalty

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Based on figure 2.3, the level of customer loyalty divided in some

stages, which is starting from the cognitive, affective, conative and action

loyalties. Cognitive and affective loyalties are still to be oriented relative

and functional benefits, while the conative and action loyalties are more

permanent and more oriented to emotional benefits.

a. Cognitive Loyalty

Oliver (1999) in Lovelock and Wirtz (2004:352) has argued that

consumers first become loyal in a cognitive sense, perceiving from

brand attribute information that one brand is batter than its alternatives

that can fulfill customer desired. This means that information held by

a consumer brand (consumer confidence) must point to a focal brand is

considered to be superior over the competition.

b. Affective Loyalty

Lovelock and Wirtz (2004:352) stated that affective loyalty as a

consumer develops a liking for the brand, based on cumulatively

satisfying usage occasions. Such attitudes are not easily dislodged by

counterarguments from competitors. Affective loyalty indicates the

level of favorable attitudes and liking that the customer displays

towards the site (or brand). Level of consumer preferences on the focal

brand should be higher than rival brands, so there is a clear preference

on the affective focal brand.

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c. Conative Loyalty

Hennig-Thurau et al., and Janda et al. 2002) define conative loyalty as

the development of behavioral intention to continue to buy the brand

or the site. This loyalty state is characterized by a deeper level of

commitment or purchase intentions of the customers. Commitment to

the brand indicates tendency to maintain relation with a brand.

Consumer commitment to the brand has been identified important in

marketing (Ahluwalia, Rohini, 2000; Kotler Philip et al., 2009).

Intention to repurchase can be measured by asking consumers about

their future intentions to repurchase a given product or service.

Consumers must have the intention to buy the focal brand, other

brands are not carried out when the buying decision. The condition is

that there is a tendency on the customer to perform certain actions.

d. Action Loyalty

Oliver (1999) in Lovelock and Wirtz (2004:352) states that action or

behavioral loyalty is the stage where behavioral intentions get

converted into actions. Behavioral loyalty has been considered as

repeat purchases frequency or proportion of purchase and likelihood to

recommend.

E. THE PREVIOUS RESEARCH

Research conducted by Mohammad Muzahid Akbar and Noorjahan

Parvez (2009) with the tittle “Impact of Service Quality, Trust and

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Customer Satisfaction on Customer Loyalty (Case Study on customers of

a major private telecommunication company of Bangladesh)”. This

research has proposed to investigate the effects of customers‘ perceived

service quality, trust, and customer satisfaction on customer loyalty. Sample

in this research are 304 subscribes/customers of a major private

telecommunication company of Bangladesh. To analyze data that was

collected, researcher uses confirmatory factor analysis and structural equation

modeling. Amos 5.0 has been used to perform these analyses. The model of

this research has been met the criteria of Goodness of Fit Index with NFI,

GFI, and CFI (0.980, 0.987, and 0.987 to 0.998, 0.999, and 1.00

respectively); RMSEA (0.076 to 0.035); DF (2.83 to 1.396). The results of

this research show that service quality has significant influence to customer

loyalty. Trust in brand has significant influence to customer loyalty.

Customer satisfaction has significant influence to customer loyalty.

Research conducted by I Wayan Nusantara (2011) with the tittle “The

Influence of Customer Value to Customer Satisfaction, Customer

Loyalty and Performance of Customer Relationship Management (A

Study of Halo Corporate PT. Telkomsel Bali)” This research has three

objectives. First, identify the influence of customer value on customer

satisfaction, customer loyalty and performance of customer relationship

management (CRM) of Halo corporate PT. Telkomsel Bali. Second, identify

the influence of customer satisfaction on customer loyalty and performance

of customer relationship management (CRM) of Halo corporate PT.

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TELKOMSEL BALI. Third, identify the influence of customer loyalty on

performance of customer relationship management (CRM) of Halo corporate

PT. Telkomsel Bali. The samples of this research are 162 customers of Halo

Corporate Bali obtained by purposive sampling method. The data was

analyzed use Structural Equation Modeling (SEM) method computed by

program of AMOS 16.0 version. The model of this research has been met the

criteria of Goodness of Fit Index with Chi Square 331.83, Probability (P)

0.23, CMIN/DF 1.06, TLI 0.99, RMSEA 0.02 and AFGI 0.85. The research

shows that customer value has significant influence to customer satisfaction,

customer loyalty, and performance of CRM Halo corporate of PT. Telkomsel

Bali. Second, customer satisfaction has significant influence to customer

loyalty and performance of CRM Halo corporate PT. TELKOMSEL Bali.

Third, customer loyalty has significant influence to performance of CRM

Halo corporate PT. Telkomsel Bali.

Research conducted by Ropinov Saputro (2010) with the tittle “The

Influence of Product Quality, Service Quality and Customer Trust

toward Customer Loyalty (Case Study on PT. Nusantara Sakti Demak).

This research aims to determine the influence of product quality, service

quality and customer trust on customer loyalty. This research was conducted

at PT. Nusantara Sakti Demak in Demak. Data collecting method which have

been used in this research are questionnaires filled out by the respondents

who are consumers of PT. Nusantara Sakti Demak that have bought

motorcycles at least twice. The samples in this research are 100 respondents

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that were choosen using purposive sampling method. This research used

analysis of index numbers, validity test, reliability test, the classical

assumption test, multiple linear regression analysis and hypothesis test

including T test, F test, and the coefficient of determination analysis (R²).

Results used linear regression analysis showed that product quality variable

has significant influence to customer loyalty. Second, the variable service

quality has significant influence to customer loyalty. Third, Customer trust

has significant influence to customer loyalty. Results of analysis used t test

can be known product quality, service quality and customer trust has a

positive and significantly impact on customer loyalty. The analysis used the

coefficient of determination found that 52.0% customer loyalty variable can

be explained by the variation of the product quality, service quality and

customer trust variable

F. CONCEPTUAL FRAMEWORK

The conceptual framework guides this study is based on the literature

review. This research aims to know the influence that occurs among customers

value, customer satisfaction and trust in brand on customer loyalty. The first

step is to place the direct users of Coca-Cola products as objects of research

and by disseminating questionnaires to users of Coca-Cola products, where

the questionnaire contains questions/statements including variable are

examined, i.e. customer value variable, customer satisfaction, trust in brand

and customer loyalty. After that, the data was obtained through questionnaires,

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processed using SPSS 20, the first test is validity test that aims to determine

the accuracy of data, and reliability test that aims to determine the consistency

of the measuring instrument. Next do a classic assumption test consisting of

multicollinearity, normality tests, heterokesdastisitas, where the classical

assumption tests aim to determine whether or not this research uses multiple

regression analysis. Then conducted multiple regression tests, for testing

hypotheses t-test (partial) and F-test (simultaneous). After going through

testing process, than, the results and implications obtained for the conclusions

drawn.

Based on the theoretical framework above, so the researcher makes the

conceptual framework as follow:

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Figure 2.4

Conceptual Framework

Source: concept developed for this research

Customer

Value (X1)

Customer

Satisfaction

(X2)

Trust in Brand

(X3)

Customer Loyalty

(Y)

Reliability and Validity test

Classic Assuming Test:

1. Normality

2. Multicolinearity

3. Heterokesdasticity

Conclusion

Multiple Linear

Regression

Hypothesis Test:

1. T Test (Parsial)

2. F Test (Simultan)

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G. HYPOTHESES

The researcher‘s have generated four hypotheses associated with the

model. These hypotheses focus on the interrelationships among customer

value, customer satisfaction, trust in brand, and customer loyalty.

1. The Relationship between Customer Value and Customer Loyalty

Heskett et al. (2003) discuss how companies can deliver high-value

services (quality services at a reasonable price) to their customers, thereby

satisfying their customers‘ needs well, so it can create the customer

loyalty. According to Sirdeshmukh et al., (2002) that customer value is the

subordination of the customer objectives, so the value will direct customer

action, that is loyalty. Kotler (2009) stated that customers will only keep

the exchange with institutions that provide the maximum value.

Thus the hypothesis can be drawn as follows:

H1: there is significant influence between customer value and customer

loyalty.

2. The Relationship between Customer Satisfaction and Customer

Loyalty

The relationship between customer satisfaction and customer loyalty

has been explained in a number of ways. According to Lee et al., (2007)

customer satisfaction is viewed as a function of perceived performance

and expectations and consumer behavioral studies show that customers

who are only just satisfied still find it easy to switch over when a better

offer comes along. According to Lewis and Newman (2001) satisfaction is

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an element which fulfills the need of the customer associated with that

product. Unsatisfied customers tend to convey their negative impression to

other consumers. Consequently customer dissatisfaction leads to decrease

in loyalty. This implies that customer satisfaction and customer loyalty are

highly related (Hoq et al., 2010).

Bennett & Rundle-Thiele, (2004) stated that customer satisfaction for

the positive influence on loyalty has been widely supported by references

related to marketing research. Satisfaction can be considered as a key to

establishing and maintaining loyalty, and a foundation for customers to

use website for a long period of time. High satisfaction can enhance the

possibility of recommending service by customers. Thus, customer

satisfaction is the key factor for enterprise operation and customer loyalty.

Bowen and Chen (2001) said that having satisfied customers is not

enough, there has to be extremely satisfied customers. This is because

customer satisfaction must lead to customer loyalty. Bansal and Gupta

(2001) building customer loyalty is not a choice any longer with

businesses: it‘s the only way of building sustainable competitive

advantage. When consumers are satisfied with the product/brand, they are

more likely to recommend the product to others, are less likely to switch to

other alternative brand, and are likely to repeat purchase.

According to Deng et al., (2009) customer loyalty is the consequence

of customer satisfaction. It has also been found to be a key determinant of

a firm‘s long-term viability. Heskett et al. (2003) suggested that customer

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loyalty should increase rapidly after customer satisfaction passes a certain

threshold—that is, there are increasing returns to scale in the relationship

between customer satisfaction and customer loyalty.

Thus the hypothesis can be drawn as follows:

H1: there is significant influence between customer satisfaction and

customer loyalty.

3. The Relationship between Trust in Brand and Customer Loyalty

Sheth and Parvatiyar in Matzler (2008) suggest that the concept of

brand trust is based on the idea of a consumer brand relationship which is

seen as a substitute for human contact between companies and customers.

Brand trust is one powerful factor that affects customer loyalty. Trust

becomes the most important factor in the relationship between a company

and its customers and the relationship between brands with customers.

According to Jevons & Gabbott, (2000) quoted by Marcel Gommans

et al., (2001:47) trust in brand plays a central role in augmenting both

behavioral and attitudinal loyalty which in turn influences marketing

outcome related factors like market share maintenance and price elasticity.

In the field of loyalty several structural models of trust in brand and its

relationship to repeat visits to e-commerce sites have been presented.

Thus the hypothesis can be drawn as follows:

H1: there is significant influence between trust in brand and customer

loyalty.

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4. Relationship between Customer Value, Customer Satisfaction and,

Trust in Brand toward Customer Loyalty

Lam et al., (2004) stated that in the recent research has explored

relationships between customer value perceptions and both satisfaction

and loyalty. If customer is satisfied he/she will buy the product again and

again. It is one of the very important factors that affect customers. Turel

and Serenko (2006) and Kuo et al. (2009) examined nature of relationship

between customer and the product determines customer loyalty. It has

been identified that good customer relationship leads to customer loyalty

(Hoq et al., 2010). Thus good relationship bond between the customer and

the product can guarantee customer loyalty for the product. Furthermore,

studies show that customer value influences customer satisfaction

(Moliner, Sanchez, Rodriguez and Callarisa, 2007) and customer loyalty

(Dagger, Sweeney and Johnson, 2007).

According to Mohammad Muzahid Akbar (2009:28) trust and

customer satisfaction are significantly and positively related to customer

loyalty. Corbitt, Thanasankit, and Yi (2003) have pointed out that a strong

positive effect of trust on customer loyalty in case of telecommunications

sector.

Thus the hypothesis can be drawn as follows:

H1: there is significant influence between customer value, customer

satisfaction and trust in brand toward customer loyalty.

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CHAPTER III

RESEARCH METHODOLOGY

A. The Research Scope

The research will be on the customer value, customer satisfaction and trust

in brand toward customer loyalty of Coca-Cola.

1. The respondent for this research will be concentrate on the customer of

Coca-Cola in North Jakarta.

2. The place of the research will be at North Jakarta, and duration of this

research has been starting since March 2012.

As the independent variables in this research are customer value (X1),

customer satisfaction (X2) and trust in brand (X3) and dependent variable in

this research is the customer loyalty (Y).

B. Sampling Method

The population in this study is the consumers who buy and consume

Coca-Cola in North Jakarta at the time of the research, and here the researcher

does not restrict the respondent from certain district. Malhotra (2009:369)

defines population as the aggregate of all elements, sharing some common set

of characteristics that comprises the universe for the purpose of the marketing

research problem.

Sugiyono (2009:115) defines a sample as part of the amount of data and

the characteristics possessed by the population. With a presumption or

perception of consumers obtained through a questionnaire with some form of

54

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questions that are closed. Meanwhile, Cooper (2006:434) defines sample as

the process of selecting some elements from a population to represent that

population.

Malhotra (2009:370) defines sample as a subgroup of the elements of the

population that selected for participation in the research. When a large

population, and researcher may not learn all there is to the population, for

example because of time and effort, then researchers can use samples drawn

from that population. These methods in taking sample using non probability

sampling, means the sampling techniques that do not use chance selection

procedures. Rather, they rely on the personal judgment of the researcher.

Collecting sample method that has been used is convenience sampling, it

means a nonprobability sampling technique that attempts to obtain a sample of

convenient elements. The selection of sampling units is left primarily to the

researcher to choose the kind of sample that used. (Malhotra, 2009:377).

Based on the theory of Roscoe (1975) in Uma Sakaran (2007) guidelines

on determining the sample are as follows:

a. Sample size should be between 30-500 elements

b. If the sample is broken down further into sub-sample (Male/Female,

Elementary/junior/ High school, etc.) must be a minimum number of sub

till 30.

c. In the multivariate research (multiple linear regressions) the sample size

should be several times larger (10 times) than the number of variables to

be analyzed.

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d. A simple experiment for research, with strict controls, sample size

between 10-20 elements.

The criteria of sample that used are the customers of Coca-Cola in North

Jakarta. In order to become proportionally, so the researcher take 60 samples

that is 20 times the number of variables to be analyzed.

C. Data Collection Method

The data used in this study of primary data and secondary data. According

to Malhotra (2009:124), primary data is data originated by the researcher for

the specific purpose of addressing the research problem. Secondary data,

obtained using a decision from the sources that study related or relevant to the

variables of the research (books, journals, research reports, theses, internet and

other media information).

1. Primary Data

Primary data was collected through survey methods, namely by

providing a structured questionnaire to the respondent that is designed to

get the right information. In the primary data collection with

questionnaires, researcher used a closed-ended question which is the form

of a question with a range of alternative options or answers to the

respondent to know the characteristics of the respondents (Malhotra,

2009:124).

Closed-ended question used in this study using scaled-response

questions, the form of questions using a scale in measuring and knowing

the attitude of respondents to the questions in the questionnaires. This

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study used a Likert scale that consists of over 5 levels. This scale from 1

meaning strongly disagree and 5 meaning strongly agree. Likert scale that

included 5 levels in it are not easily inferred because there is the possibility

of a neutral response.

Table 3.1

Likert Scale

Likert Scale Score

Strongly Disagree 1

Disagree 2

Neutral 3

Agree 4

Strongly Agree 5

Source: Naresh K. Malhotra, marketing research an applied orientation,

Pearson;Prentice Hall, 2004, p. 256

2. Secondary Data

Malhotra (2009:124) defines secondary data is data that refer to

external sources. In the support the data obtained from books, journals,

research reports, theses, internet and other media information.

D. Analysis Data Method

1. First Analysis

Methods used by researchers to gather information that using the

method of single cross-sectional design that uses a one-time survey

conducted during a period of one group of samples. This way is done by

distributing questionnaires to respondents and then processed with

statistical methods using SPSS 20. Meanwhile, descriptive study was

conducted where the research is done to provide wider exposure, that have

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purpose to change raw data become is easy to comprehended in the form

of short information (Istijanto, 2009)

2. Reliability and Validity Test

a. Reliability Test

Malhotra (2007) defines reliability testing as an approach taken to

measure the reliability or the reliability of which the respondent is

included in the scope of the same scale at two different times with the

current state of being equal.

Reliability test conducted by researcher is to measure the

consistency of the questions that include in the questionnaire on the

variables. According to (Malhotra, 2009:330), a questionnaire is

considered reliable when Cronbach's alpha test reached 0.6 or more. In

this study researchers will test the reliability of variable customer

value, customer satisfaction trust in brand and customer loyalty.

Alpha is calculated as:

Where:

R1 = Instrument Reliability

h = Number of Items in the Scale

k = Sum of Question

σ²i = The Variance of Scores on Item i across Respondents

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σ²t = The Variance of Total Scores across Subjects Where the Total for

Each Respondents.

If all h items are measuring different concepts, the correlations

among the items will be near zero. So the σ²t will be close in size to

σ²i, and the term will be close to one. The term in parenthetic

goes to (1-1) or zero, and alpha is low (e.q, 0). When the items are all

highly correlated, σ²t will e larger than σ²i, so will be small,

close to zero. Then the parenthetical terms go to (1-0) or 1, and alpha

is much higher (e.q, 1).

Coefficient alpha should be calculated routinely to assess the

quality of measure. If alpha is low and the item is large, the poor items

should be eliminated. Poor items are to identify, so we calculate the

correlation of each item with the total score and plot the correlation by

decreasing under of magnitude. Items with correlation near zero are

than deleted or must be chi quadrat ² is must = 0.60.

b. Validity Test

Malhotra (2007) defines validity test is to measure how well the

research constructs defined by the variable measurement used. Validity

test is a test to analyze the factor variables included in this study.

Factor variables include customer value, customer satisfaction, trust in

brand and customer loyalty.

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According to Duwi Priyatno (2010: 90) in the determination of

whether or not an items that are to be used, usually done on the

significance of the correlation coefficient test on minimum correlation

of 0.30, meaning that an item is considered valid if the total score is

greater than 0.30.

Validity and reliability test conducted by distributing

questionnaires to 60 respondents residing in North Jakarta, where the

questionnaire contains 39 questions/statements that should be

answered by the respondents and then the data will be processed using

the software of Statistical Product and Service Solution (SPSS) 20 for

Windows.

3. Classic Assuming Test

To determine whether the equation of the regression line obtained by

line and can be used for forecasting, then the test must be performed

classical assumptions are:

a. Normality

Normality test aims to test whether the regression model or

residual confounding variable has a normal distribution (Imam

Ghozali, 2007). The methods used in this research are graphic and one

sample kolmogrov smirnov test. A variable is said normal if the

distributions of the image data points are spread around the diagonal

line, and the spread of data points in the direction to follow the

diagonal line. According to Duwi Priyatno (2012:147), one sample

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kolmogrov smirnov test used to determine the distribution of data,

whether to follow a normal distribution, poisson, uniform, or

exponential. Residual has normal distribution if the value of significant

is more than 0.05.

b. Multicolinearity

According to Malhotra (2007) multicolinearity used to prove there

is linear correlation among independent variable in regression model.

A good regression model should not be a correlation between the

independent variables. If independent variable creates the perfect

correlation it could be perfect multicolinearity.

Duwi Priyatno (2012:151) stated that multicollinearity is a

condition where on the regression model found any perfect or

approaching perfect correlation between the independent variables. A

good regression model should have no correlation among the

independent variable (the correlation is 1 or close to 1). Some

multicollinearity test method is to look at the value of the tolerance and

variance inflation factor (VIF) in the regression models or by

comparing individual coefficient of determination (r²) with

simultaneous determination (R²). To know a regression model free

from multicollinearity, which has a value of VIF (Variance Inflation

Factor) is less than 10 and have a tolerance of more than 0.1.

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c. Heterokesdasticity

According to Imam Ghozali (2007), heterokesdasticity test aims to

test whether the regression model of the residual variance in equality

occurred one observation to another observation. If the residual

variance from one observation to another observation remains, it is

called homokesdasticity and if different called heterokesdasticity.

To analyze is there any heterokesdasticity, use some method,

which are:

1) Observe the graph plot between the predicted value of the

dependent variable is the residual ZPRED its SRESID. To detect

the presence or absence heterokesdasticity can be seen with the

presence or absence of certain pattern sin charts and scatter plot

between SRESID and ZPRED, where point Y is Y that already

predicted and point X is the residual (Y predicted – Y real) that

studentized.

2) The basis of analysis that is if there is a certain pattern, like dots

that form a regular pattern (wavy, widened, then narrowed), then it

indicates there has been heterokesdasticity as and if there is no

clear pattern, as well as the points spread above and below zero on

the Y axis, there is no heterokesdasticity.

4. Regression Analysis

In this case of research researcher use multiple regression analysis

because to bring in additional predictor variables (X1, X2, X3) and one

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variable predictor as Y. the goals are still the same, researcher want to

construct an regression to estimate values of the criterion variable, but now

researcher do to from several predictor variables as customer value,

customer satisfaction and trust in brand. And researcher still will to

measure the closeness of the estimated relationship. The objective in

introducing additional variables is basic to improve predictions of the

criterion variable.

Things are getting more complicated, so researcher needs to notation

a regression model with predictor variables, can be to write:

Regression Analysis:

Where:

Y = Customer Loyalty (criterion variable)

a = intercept parameter in the multiple regression equation

1, 2, 3 = Coefficient Regression

X1 = Customer Value (predictor)

X2 = Customer Satisfaction (predictor)

X3 = Trust in Brand (predictor)

e = Standard Error term with the prediction of Y where X1,

X2, X3 are the predictor variables

Y = a + 1X1 + 2X2 + 3X3 +e

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These are the following explanation that is connecting to the problem

above, that is:

a. The Coefficient of Correlation Test

According to Duwi Priyatno (2012:134) correlation coefficient is used

to determine the relationship between two or more independent variables

(customer value, customer satisfaction and trust in the brand) on the

dependent variable (customer loyalty) simultaneously. This coefficient

shows how much the relationship between the independent variables

simultaneously with the dependent variable. R values ranged from zero to

one, the closer the mean value of the relationship is getting stronger,

otherwise the value is close to zero then the relationship is getting weaker.

b. The Coefficient of determination Test (R2)

According to Imam Ghozali (2006:202) the coefficient of

determination (R2) essentially measure how far the ability of models to

explain variation in the dependent variable. The value determination of

coefficient is between zero and one. The R2 is small means that the ability

of independent variables in explaining variations in the dependent variable

is very limited. Value close to one berate the independent variables

provide almost all the information needed to predict the variation of the

dependent variable.

Basic weaknesses use the coefficient of determination is biased

towards the number of independent variables entered into the model. Each

additional one independent variable, then R2 would increase, no matter

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whether these variables affect the dependent variable or not. Therefore, in

this research used is the R Square that have been adapted or Adjusted R2

as adjusted for the variables used in this research. Adjusted R2 value can

rise or fall if an independent variable added into the model.

5. Theoretical Hypotheses

a. t Test (Partial Test)

Partial test or t test aims to determine how big the influence of

each independent variable (X) individually partially toward dependent

variable (Y).

The hypothesis is:

1) Determine Hypothesis

Customer value hypothesis:

Ho: β1=0, there is no significant influence partially between

customer value and customer loyalty.

Ha: β1≠0, there is significant influence partially between customer

value and customer loyalty.

Customer satisfaction hypothesis:

Ho: β2=0, there is no significant influence partially between

customer satisfaction and customer loyalty.

Ha: β2≠0, there is significant influence partially between customer

satisfaction and customer loyalty.

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Trust in brand hypothesis:

Ho: β3=0, there is no significant influence partially between trust

in brand and customer loyalty.

Ha: β3≠0, there is significant influence partially between trust in

brand and customer loyalty.

2) Determining level of significance

Criteria for testing the significance level is amount 5% or (α) =

0.05, t table search on signification 0.05/2 = 0.0025 (2 tailed).

3) Determining t table

Distribution of t table searched on α = 5% with degree of freedom

(df) = n-k-1 (number of questionnaire-number of independent

variable-1)

4) Two tailed test (Douglas et al., 2010:365)

Ho rejected if -t test < -t table (it means Ha accepted), so

independent variable partially has significant influence toward

dependent variable.

Ho rejected if t test > +t table (it means Ha accepted), so

independent variable partially has significant influence toward

dependent variable.

b. F Test (Simultaneously Test)

F Test basically indicates whether all the independent variables

included in the model have simultaneously influence toward

dependent variable. Hypothesis testing with F statistics can be done

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by comparing the calculated F test with the value of F table. If the

calculated F test is greater than the value of F table, then Ho is

rejected and Ha accepted.

The hypothesis is:

1) Determine Hypothesis:

Ho: β1, β2, β3=0, there is no significant influence simultaneously

among variable of customer value, customer satisfaction and trust

in brand toward customer loyalty.

Ha: β1, β2, β3≠0, there is significant influence simultaneously

among variable of customer value, customer satisfaction and trust

in brand toward customer loyalty.

2) Determining level of significance

Criteria for testing the significance level is amount 5% or (α)

=0.05.

3) Determining the criteria acceptance and reject of Ho

If F test > F table, so Ho rejected and Ha accepted, it means

independent variable simultaneously have significant influence to

dependent variable.

If F test < F table so Ho accepted and Ha rejected, it means

independent variable simultaneously have no significant influence

to dependent variable.

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E. Research Operational Variable

Variable is anything that is an object, event, act, characteristic, trait, or

attribute of observation in research and concepts that can be measured and to

which assigned categorical values (Cooper, 2006:63). The variable in this

research consist of independent variable and dependent variable, which is:

1. Independent Variable

According to Cooper (2006:63), independent variable is the variable

manipulated by the researcher that gives influence or the causal of the

changes happen or the effect from dependent variable. In this research as

the independent variables are customer value (X1), trust in brand (X2), and

customer satisfaction (X3).

2. Dependent Variable

According to Cooper (2006:63), dependent variable is the variable

measured, predicted, or otherwise monitored by researcher; expected to be

affected by manipulation of independent variable. The dependent variable

of this research is customer loyalty (Y).

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Table 3.2

The Operational Variables:

Variable Sub Variable Indicators Scale

Customer

Value (X1)

Sheth et a.,

(1999) and

Soutar and

Sweeney

(2001)

quoted by

J. Brock

Smith and

Mark

Colgate

(2007)

Functional Value

Coca-Cola non alcoholic soft

drink.

Coca-Cola do not acute-health

effect.

Coca-Cola as source of

increasing calories in the

body.

Likert

Social Value Good reputation as Soft Drink

Company.

Coca-Cola has never got

involve with deception case.

Likert

Emotional Value

Sense of relaxed in the brand

and product

Feeling secured with the

product.

Sense of excitement with the

product.

Likert

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Variable Sub Variable Indicators Scale

Customer

Satisfaction

(X2)

Parasuraman

and Grewal

(2000:169)

Quality of Products

(Thomas H. Dodd,

2006):

Safety

Durability

Freshness

Coca-Cola does not contain

microbe and chemical

contamination.

Coca-Cola always mentions

production code and date of

expired.

Feeling fresh with the product.

Like Coca-Cola general

appearance and/or odor.

Likert

Emotional Factor

Sense of pride in the brand and

product.

Confidence for Coca-Cola

brand.

Likert

Price

Coca-Cola achievable price

Coca-Cola‘s price associated

with the customer quality

expectations.

Likert

Cost and ease of

Cheap costs and easy to

find/buy the product.

Likert

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Variable Sub Variable Indicators Scale

Trust in

Brand

(X3)

Lau and

Lee (1999)

quoted by

Hasan

Afzal et al.,

(2010)

Brand Reputation

Brands that are well known and

has a good reputation.

Positive news about soft drink

brand.

Likert

Brand Predictability

Performance of brand

associated with customer

expectations.

Knowledge of customer about

the brand.

Likert

Brand Competence

Ability to solve customer‘s

problem.

Coca-Cola compatible with

customer‘s needs.

Likert

Trust In Company

The Coca-Cola Company will

not deceive customer.

Likert

Company

Reputation

Good corporate reputation in

the customer‘s mind as

Multinational Corporation.

Likert

Company‘s Trust

Perceived Motives The attention of company to

customers.

Likert

Similarity between

consumer self-

concept.

There is similarity of brand with

customer emotion.

Likert

Brand Personality

Coca-Cola associated with

customer‘s personality.

Likert

Brand Liking

Customers like to the brand.

Likert

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Variable Sub Variable Indicators Scale

Customer

Loyalty

(Y)

Oliver in

(Lovelock

and Wirtz

(2004:352)

Cognitive Loyalty

Coca-Cola is better than other

brand and associated with

customer desired.

The confidence of customer for

the brand.

Likert

Affective Loyalty

Highly consumer preference.

Highly consumer liking for the

brand.

ikert

Conative Loyalty

Highly purchase intention to the

brand.

Likert

Action Loyalty

The existence of repeat

purchases in the future.

Recommend to other.

Likert

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CHAPTER IV

ANALYSIS

A. General Description of Research Object

1. History of Coca-Cola

Coca-Cola is a carbonated soft drink sold in stores, restaurants, and

vending machines in more than 200 countries. Coca-Cola soft drink was

created by Dr. John S. Pemberton, a pharmacist from Atlanta, Georgia,

USA, in May 1886. The Coca-Cola Company was founded in 1892 by Asa

G. Chandler in Atlanta, who also patented the Coca-Cola trademark. This

company is the main of all the bottling company that owns the trademark

Coca-Cola throughout the country in the world by providing the raw

material concentrates. President of Coca-Cola Company (1919-1955),

Robert W. Woudruff, is the person who first introduced the idea that Coca-

Cola drinks can be enjoyed not only by Americans, but also to be

consumed by the entire nation in the world. To realize this idea, then in

1929 founded The Coca-Cola Export Cooperation, the company that

handles the sale of beverages throughout the country in the world with

quality based, flavor, and the same freshness.

(www.thecocacolacompany.com)

2. History of Coca-Cola Amatil Indonesia (CCAI)

Coca-Cola Amatil Indonesia (CCAI) has been operating in Indonesia

since 1992 and provides all the company product variants, including

73

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bottled water in all parts of the country except North Solawesi. CCAI

owns and operates 9 bottling plants, in Cibitung, Cikedokan, Bandung,

Semarang, Surabaya, Bali, Medan, Padang and Lampung. Coca-Cola

Amatil Indonesia (CCAI) is a leading manufacturer and distributor of non-

alcoholic ready to drink beverages and has been operating in Indonesia

since 1991. It manufacturers and distributes under license, the trade market

products of the Coca-Cola Company. (www.cocacolaamatil.com)

Currently, the number of employees of Coca-Cola Bottling Indonesia has

reached 10,000 employees with a total production of 1500 bottles per hour -

millions of crates per year. Products of Coca-Cola is sold and distributed to more

than 400,000 outlets in more than 120 sales centers spread all over Indonesia. It is

estimated more than 80% products of Coca-Cola Bottling sold through retailers

and wholesalers in which 90% of them are included in the category of small

business entrepreneurs, and they employ less than five employees with annual

turnover of less than Rp. 1 billion. According to Stuart Comino, Acting President

Director of CCAI, has inaugurated a new production line and construction of

Regional Distribution Center in an area of 11,000 square meters factory CCAI

Medan, Factory located in an area of 50,000 square meters has 4 production

machines, with a production capacity of up to 30,000 crates per day. Medan is

second factory of this year that equipped with the Regional Distribution Center

facility. CCAI also has built larger Regional Distribution Center in Cibitung-

Bekasi which has been operating in early 2013, and plans to build a regional

distribution center in Semarang which is targeted for completion in July 2014.

(www.cocacolaamatil.com)

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3. General Description of Coca-Cola

The Coca-Cola Company has, on occasion, introduced other cola

drinks under the Coke brand name. The most common of these is Diet

Coke, with others including Caffeine-Free Coca-Cola, Diet Coke Caffeine-

Free, Coca-Cola Cherry, Coca-Cola Zero, Coca-Cola Vanilla, and special

versions with lemon, lime or coffee.

Based on Interbrand's best global brand 2011, Coca-Cola was the

world's most valuable brand.

Table 4.1

General Description of Coca-Cola

Type Soft drink (Cola)

Manufacturer The Coca-Cola Company

Founder (s) John S. Pemberton

Country of origin United States

Introduced 1886

Area served Over 200 Countries

Color Caramel E-150 d

Flavors Cola, Cola Green Tea, Cola Lemon,

Cola Lemon Lime, Cola Lime, Cola

Orange and Cola Raspberry

Employees 92,400

Servings per day 1.6 Billion

Source: www.coca-cola.com

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4. Organization Structure

Figure 4.1

Organization Structure of Coca-Cola

Source: www.thecocacolacompany.com

Managing Director

Chief Operating

Officer (sales)

Director Operating

Director Operating

Quality

Control

Management

Sales and

Marketing

Manager

HR

Manager

Distribution

and Logistic

Manager

Accounts

Manager

Production

Manager

Assistant

Manager

Executive

Manager

Senior Officer

Sales Manager

Marketing Dev.

Officer

Regional Sales

Manager

Driver

Sales and

Marketing

Officer

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5. Vision and Mission

a. Vision

Coca-Cola‘s vision guides every aspects of Coca-Cola‘s business by

describing what their need to accomplish in order to continue achieving

sustainable growth.

1) People: be a great place to work where people are inspired to be the

best they can be.

2) Portfolio: bring to the world a portfolio of quality beverages brands

that anticipate and satisfy people‘s desires and needs.

3) Partners: nurture a winning network of customers and suppliers,

together they create mutual, enduring value.

4) Planet: be a responsible citizen that makes a differently by helping

build and support sustainable communities.

5) Profit: maximize long-term return to share owners while being

mindful of their overall responsibilities.

6) Productivity: be a highly effective, lean and fast moving

organization.

b. Mission

1) To refresh the world, in body, mind and spirit

2) To inspirit moments of optimism, through their brands and their

actions

3) To create value and make a difference, everywhere their engage

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6. Market Share of Coca-Cola

Coca-Cola is now one of the largest corporations in the world, with a

global workforce of over 90,000 and revenues of $31.9 billion in revenues

in 2008.

Table 4.2

Market Share of Coca-Cola

Sales and Income

Data in Millions

2004

2005

2006

2007

2008

Net Sales $ 21,742 $ 23,104 $ 24,088 $ 28,857 $ 31,944

Net Income

(Profits)

$ 4,847 $ 4,872 $ 5,080 $ 5,981 $ 5,807

Unit Sold in

Billions

19.8 20.6 21.4 22.7 23.7

Source: www.the cocacolacompany.com

7. Global Unit Sales of Coca-Cola

The global unit sale of Coca-Cola Company is increasing from last

years. The data of the global unit sale of the Coca-Cola Company can be

represented by the following chart.

Figure 4.2

Global Sales of Coca-Cola

Source: www.the cocacolacompany.com

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B. Analysis and Discussion

1. General Description of Respondents

Respondents in this study were consumers of Coca-Cola Company in

north Jakarta. Based on data from 60 respondents who bought a through

survey methods of data collection by questionnaire the characteristic of

respondents obtained based on gender, age occupation and income per

month. This grouping is done with the following purposes:

a. Can clearly describe in full respondent in this research.

b. As the arguments supporting the decision-making research.

The characteristic of respondents as object the research one by one can be

described as follows:

a. General Descriptions of Respondents Based on Gender

From distributing a questionnaire to consumers of Coca-Cola,

researcher got the descriptions about gender from respondents as

follows:

Table 4.3

Gender

Gender Total

Male 34

Female 26

TOTAL 60

Source: primary data 2013

Based on table 4.3 above can be seen that the percentage of male

respondents was larger than female respondents, with the number of

respondents male gender for 34 people and the number of respondents

female gender for 26 people.

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b. Based on Age

From distributing a questionnaire to consumers of Coca-Cola,

researcher got the descriptions about age from respondents as follows:

Table 4.4

Age

Age Total

7-15 years 3 people

16-25 years 5 people

26-35 years 37 people

36-45 years 13 people

46-55 years 2 people

TOTAL 60 people

Source: primary data 2013

Based on table 4.4 above can be seen that the most respondents are

age 26-35 years as many as 37 people or 37%. Than, respondents with

age 36-45 years are 13 people or 13%, 16-25 years as many as 5 people

or 5%, 7-15 years as many as 3 people or 3% and 46-55 years as many

as 2 people or 2%.

c. Based on Occupations

From distributing a questionnaire to consumers of Coca-Cola,

researcher got the descriptions about jobs from respondents as follows:

Table 4.5

Jobs

Occupations Total

Students 8 people

Civil Servant 30 people

Private Employee 9 people

Housewife 11 people

Others………… 2 people

TOTAL 60 people

Source: primary data 2013

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Based on table 4.5 above can be seen that the most respondents are

civil servant as many as 30 people or 30%. Than, housewife respondents

as many as 11people or 11%, private employee respondents as many as

9 people or 9%, student respondents as many as 8 people or 8% and

other respondents 2 people or 2%.

d. Based on Income Per Month

From distributing a questionnaire to consumers of Coca-Cola,

researcher g got the descriptions about income per month from

respondents as follows:

Table 4.6

Income per Month

Income Per Month Total

> Rp. 999,999,- 4 people

Rp. 1,000,000 ,- - Rp. 2,999,999,- 3 people

Rp. 3,000,000,- - Rp. 4,999,999,- 15 people

Rp. 5,000,000,- - Rp. 6,999,999,- 21 people

Rp. 7,000,000,- - Rp. 8,999,999,- 9 people

Rp. 9,000,000,- - Rp. 10,999,999,- 5 people

> Rp. 11,000,000,- 3 people

TOTAL 60 people

Source: primary data 2013

Based on table 4.6 above can be seen that the largest percentage

characteristics of income respondents are Rp. 5,000,000,- - Rp.

6,999,999,- as many as 21 people or 21%, than, income respondents Rp.

3,000,000,- - Rp. 4,999,999,- as many as 15 people or 15%, income

respondents Rp. 7,000,000,- - Rp. 8,999,999,- as many as 9 people or

9%, income respondents Rp. 9,000,000,- - Rp. 10,999,999,- as many as 5

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people or 5%, income respondents > Rp. 999,999,- as many as 4 people

or 4%, income respondents > Rp. 11,000,000,- as many as 3 people or

3%, and income respondents Rp. 1,000,000 ,- - Rp. 2,999,999,- as many

as 3 people or 3%.

2. Analysis

a. Validity and Reliability Test

1) Validity Test

Before the questionnaires have been distributed to 60

respondents, the researcher attempted try out or survey to 30

respondents with 39 questions to test validity and reliability from the

entire questionnaires. The questionnaires classified into four

variables which are customer value, customer satisfaction, trust in

brand and customer loyalty.

According to Duwi Priyatno (2010:90) in the determination of

whether or not an items that are to be used, usually done on the

significance of the correlation coefficient test on minimum correlation

of 0.30, meaning that an item is considered valid if the total score is

greater than 0.30.

Table 4.7

The Result of Try-Out for Validity

Name of

Variable

Indicator Item

Correlation

Description

Customer Value

CV 1 Coca-Cola non alcoholic soft drink.

0.644 Valid

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Name of

Variable

Indicator Item

Correlation

Description

CV 2 Coca-Cola do not acute health effect 0.695 Valid

CV 3 Coca-Cola as source of increasing

calories in the body. 0.702 Valid

CV 4 Coca-Cola has a good reputation as Soft

Drink Company.

0.626 Valid

CV 5 Coca-Cola has never got involve with

deception case.

0.710 Valid

CV 6 I feel relaxed when i consumed Coca-

Cola 0.870 Valid

CV 7 I feel secure when i consumed Coca-

Cola 0.732 Valid

CV 8 I feel excite when i consumed Coca-

Cola 0.806 Valid

Customer Satisfaction

CS 1 Coca-Cola does not contain microbe and

chemical contamination. 0.770 Valid

CS 2 Coca-Cola always mentions production

code and date of expired. 0.583 Valid

CS 3 I feel fresh with Coca-Cola product. 0.870 Valid

CS 4 I like design of Coca-Cola 0.651 Valid

CS 5 I like Coca-Cola‘s aromatic 0.689

Valid

CS 6 I feel proud when I consumed Coca-

Cola 0.677

Valid

CS 7 I believe with Coca-Cola 0.839

Valid

CS 8 Coca-Cola achievable price

0.801

Valid

CS 9 Coca-Cola‘s price associated with my

quality expectations.

0.708

Valid

CS 10 Coca-Cola has cheap price 0.619

Valid

CS 11 Coca-Cola is easy to find 0.792

Valid

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Name of

Variable

Indicator Item

Correlation

Description

Trust in Brand

TB 1 Coca-Cola has a good reputation 0.806

Valid

TB 2 I know positive news about soft drink

brand 0.853

Valid

TB 3 Coca-Cola as soft drink associated with

my expectation 0.920

Valid

TB 4 I know Coca-Cola product 0.751 Valid

TB 5 Coca-Cola able to loss my thirsty 0.849 Valid

TB 6 Coca-Cola associated with my needs 0.859

Valid

TB 7 I believe that this company will not try

to cheat me 0.880 Valid

TB 8 Coca-Cola has good reputation as

multinational company 0.838 Valid

TB 9 Coca-Cola attentive my self 0.839

Valid

TB 10 I believe with Coca-Cola 0.873 Valid

TB 11 This brand image as I see / judge my

self 0.821

Valid

TB 12 If this brand is human, I will love him as

myself 0.856 Valid

TB 13 I like Coca-Cola‘s brand 0.829 Valid

Customer Loyalty

CL 1 Coca-Cola is better than other brand and

associated with my desired. 0.844 Valid

CL 2 I feel confidence with Coca-Cola brand 0.866 Valid

CL 3 I prefer Coca-Cola than others 0.780 Valid

CL 4 I really like Coca-Cola 0.842 Valid

CL 5 I intend to continue to buy Coca-Cola 0.865 Valid

CL 6 I will consume Coca-Cola all the time 0.836

Valid

CL 7 I will recommend the company to my

relatives or friends. 0.879 Valid

Source: Primary Data Output from SPSS 20

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From the table above, it can be seen that all of the results from

variable customer value, customer satisfaction, trust in brand and

customer loyalty questions are valid, because the score corrected

item-total correlation is > 0.30.

2) Reliability Test

Reliability test conducted by researcher to measures the

consistency of the questions that include in the questionnaires on the

variables. According to (Malhotra, 2009:330), a questionnaire is

considered reliable when Cronbach's alpha test reached 0,6 or more.

The table below shows the reliability test result.

Table 4.8

The Result of Try-Out for Reliability

No Variable Cronbach Alpha Description

1 Customer Value 0.910 Reliable

2 Customer Satisfaction 0.934 Reliable

3 Trust in Brand 0.972 Reliable

4 Customer Loyalty 0.954 Reliable

Source: Primary Data Output from SPSS 20

From the table above, it can be seen that the result from all

variable of customer value, customer satisfaction, trust in brand and

customer loyalty are reliable because the score of Cronbach alpha is

> 0.60.

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b. Descriptive Analysis

From the characteristics of the respondents who already known, then

researchers will analyze the answers of a questionnaire that was

distributed to 60 respondents which is a sample of research and 30

respondents as try out, that the respondents who never consume Coca-

Cola brand products. Analysis includes questionnaires statement items

that are indicators of the variables under research as follows:

1) Descriptive variable customer value

The questionnaires completed by the respondents about customer

value variable show the following result:

Table 4.9

Coca-Cola Non Alcoholic Soft Drink.

Frequency Percentage

Neutral 1 1.7

Agree 27 45

Strongly Agree 32 53.3

Total 60 100

Source: Primary Data Output from SPSS 20

As shown in the table 4.9 above 1 respondent or 1.7% stated neutral,

27 respondents or 45% stated agree and 32 respondents or 53.3%

stated strongly agree on the statement Coca-Cola non alcoholic soft

drink.

Table 4.10

Coca-Cola Do Dot Acute Health Effect

Frequency Percentage

Neutral 15 25

Agree 23 38.3

Strongly Agree 22 36.7

Total 60 100

Source: Primary Data Output from SPSS 20

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As shown in the table 4.10 above 15 respondent or 25% stated

neutral, 23 respondents or 38.3% stated agree and 22 respondents or

36.7% stated strongly agree on the statement Coca-Cola do not acute

health effect.

Table 4.11

Coca-Cola as Source of Increasing Calories in the Body

Frequency Percentage

Neutral 2 3.3

Agree 26 43.3

Strongly Agree 32 53.3

Total 60 100

Source: Primary Data Output from SPSS 20

As shown in the table 4.11 above 2 respondents or 3.3% stated

neutral, 26 respondents or 43.3% stated agree and 15 respondents or

50% stated strongly agree on the statement Coca-Cola as source of

increasing calories in the body.

Table 4.12

Coca-Cola Has a Good Reputation as Soft Drink Company

Frequency Percentage

Disagree 1 1.7

Neutral 10 16.7

Agree 21 35

Strongly Agree 28 46.7

Total 60 100

Source: Primary Data Output from SPSS 20

As shown in the table 4.12 above 1 respondents or 1.7% stated

disagree, 10 respondents or 16.7% stated neutral, 21 respondents or

35% stated agree, and 28 respondents or 46.7% stated strongly agree

on the statement Coca-Cola has a good reputation as Soft Drink

Company.

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Table 4.13

Coca-Cola Has Never Got Involve With Deception Case

Frequency Percentage

Neutral 14 23.3

Agree 27 45

Strongly Agree 19 31.7

Total 60 100

Source: Primary Data Output from SPSS 20

As shown in the table 4.13 above 14 respondents or 23.3% stated

neutral, 27 respondents or 45% stated agree and 19 respondents or

31.7% stated strongly agree on the statement Coca-Cola has never

got involve with deception case.

Table 4.14

Customer Feel Relaxed When Consume Coca-Cola Product

Frequency Percentage

Neutral 4 6.7

Agree 31 51.7

Strongly Agree 25 41.7

Total 60 100

Source: Primary Data Output from SPSS 20

As shown in the table 4.14 above 4 respondents or 6.7% stated

neutral, 31 respondents or 51.7% stated agree and 25 respondents or

41.7% stated strongly agree on the statement customer feel relaxed

when consume Coca-Cola product.

Table 4.15

Customer Feel Secured With Coca-Cola Product

Frequency Percentage

Disagree 1 1.7

Neutral 13 21.7

Agree 29 48.3

Strongly Agree 17 28.3

Total 60 100

Source: Primary Data Output from SPSS 20

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As shown in the table 4.15 above 1 respondent or 1.7% stated

disagree, 13 respondents or 21.7% stated neutral, 29 respondents or

48.3% stated agree, and 17 respondents or 28.3% stated strongly

agree on the statement customer feel secured with Coca-Cola

product.

Table 4.16

Customer Feel Excited When Consume Coca-Cola

Frequency Percentage

Neutral 4 6.7

Agree 26 43.3

Strongly Agree 30 50

Total 60 100

Source: Primary Data Output from SPSS 20

As shown in the table 4.16 above 4 respondents or 6.7% stated

neutral, 26 respondents or 43.3% stated agree and 30 respondents or

50% stated strongly agree on the statement customer feel excited

when consume Coca-Cola.

2) Descriptive variable customer satisfaction

The questionnaires completed by the respondents about customer

value variable show the following result:

Table 4.17

Coca-Cola Does Not Contain Microbe and Chemical Contamination

Frequency Percentage

Disagree 15 25

Neutral 32 53.3

Agree 13 21.7

Total 60 100

Source: Primary Data Output from SPSS 20

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As shown in the table 4.17 above 15 respondents or 25% stated

disagree, 32 respondents or 53.3% stated neutral and 13 respondents

or 21.7% stated strongly agree on the statement Coca-Cola does not

contain and chemical contamination.

Table 4.18

Coca-Cola Always Mentions Production Code and Date Of Expired

Frequency Percentage

Neutral 6 10

Agree 31 51.7

Strongly Agree 23 38.3

Total 60 100

Source: Primary Data Output from SPSS 20

As shown in the table 4.18 above 6 respondents or 10% stated

neutral, 31 respondents or 51.7% stated agree and 23 respondents or

38.3% stated strongly agree on the statement Coca-Cola always

mentions production code and date of expired.

Table 4.19

Customers Feel Fresh With Coca-Cola Product

Frequency Percentage

Disagree 2 3.3

Neutral 11 18.3

Agree 31 51.7

Strongly Agree 16 26.7

Total 60 100

Source: Primary Data Output from SPSS 20

As shown in the table 4.19 above 2 respondents or 3.3% stated

disagree, 11 respondents or 18.3% stated neutral, 31 respondents or

51.7% stated agree and 16 respondents or 26.7% stated strongly

agree on the statement customers feel fresh with Coca-Cola product.

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Table 4.20

Customer like Design of Coca-Cola

Frequency Percentage

Disagree 2 3.3

Neutral 6 10

Agree 29 48.3

Strongly Agree 23 38.3

Total 60 100

Source: Primary Data Output from SPSS 20

As shown in the table 4.20 above 2 respondents or 3.3% stated

disagree, 6 respondents or 10% stated neutral, 29 respondents or

68.3% stated agree and 23 respondents or 38.3% stated strongly

agree on the statement customer like design of Coca-Cola.

Table 4.21

Customer like Aroma of Coca-Cola

Frequency Percentage

Neutral 9 15

Agree 32 53.3

Strongly Agree 19 31.7

Total 60 100

Source: Primary Data Output from SPSS 20

As shown in the table 4.21 above 9 respondents or 15% stated

neutral, 32 respondents or 53.3% stated agree and 19 respondents or

31.7% stated strongly agree on the statement customer like aroma of

Coca-Cola.

Table 4.22

Customer Feel Proud When Consumed Coca-Cola

Frequency Percentage

Disagree 5 8.3

Neutral 17 28.3

Agree 29 48.3

Strongly Agree 9 15

Total 60 100

Source: Primary Data Output from SPSS 20

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As shown in the table 4.22 above 5 respondents or 8.3% stated

disagree, 17 respondents or 28.3% stated neutral, 29 respondents or

48.3% stated agree and 9 respondents or 15% stated strongly agree

on the statement customer feel proud when consumed Coca-Cola.

Table 4.23

Customer Believe With Coca-Cola

Frequency Percentage

Disagree 4 6.7

Neutral 11 18.3

Agree 30 50

Strongly Agree 15 25

Total 60 100

Source: Primary Data Output from SPSS 20

As shown in the table 4.23 above 4 respondent or 6.7% stated

disagree, 11 respondents or 18.3% stated neutral, 30 respondents or

50% stated agree, and 15 respondents or 25% stated strongly agree

on the statement customer believe with Coca-Cola.

Table 4.24

Coca-Cola Achievable Price

Frequency Percentage

Disagree 2 3.3

Neutral 9 15

Agree 34 56.7

Strongly Agree 15 25

Total 60 100

Source: Primary Data Output from SPSS 20

As shown in the table 4.24 above 2 respondents or 3.3% stated

disagree, 9 respondents or 15% stated neutral, 34 respondents or

56.7% stated agree and 15 respondents or 25% stated strongly agree

on the statement Coca-Cola achievable price.

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Table 4.25

Coca-Cola‘s Price Associated with the Customer Quality

Expectations

Frequency Percentage

Neutral 12 20

Agree 28 46.7

Strongly Agree 20 33.3

Total 60 100

Source: Primary Data Output from SPSS 20

As shown in the table 4.25 above 12 respondents or 20% stated

neutral, 28 respondents or 46.7% stated agree and 20 respondents or

33.3% stated strongly agree on the statement Coca-Cola‘s price

associated with the customer quality expectations.

Table 4.26

Coca-Cola Has Cheap Price

Frequency Percentage

Disagree 2 3.3

Neutral 6 10

Agree 29 48.3

Strongly Agree 23 38.3

Total 60 100

Source: Primary Data Output from SPSS 20

As shown in the table 4.26 above 1 respondent or 3.3% stated

disagree, 11 respondents or 36.7% stated neutral, 12 respondents or

40% stated agree and 6 respondents or 20% stated strongly agree on

the statement Coca-Cola has cheap price.

Table 4.27

Coca-Cola Is Easy To Find

Frequency Percentage

Disagree 2 3.3

Neutral 4 6.7

Agree 32 53.3

Strongly Agree 22 36.7

Total 60 100

Source: Primary Data Output from SPSS 20

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As shown in the table 4.27 above 2 respondents or 3.3% stated

disagree, 4 respondents or 6.7% stated neutral, 32 respondents or

53.3% stated agree and 22 respondents or 36.7% stated strongly

agree on the statement Coca-Cola is easy to find.

3) Descriptive variable trust in brand

The questionnaires completed by the respondents about customer

value variable show the following result:

Table 4.28

Coca-Cola Has a Good Reputation

Frequency Percentage

Disagree 4 6.7

Neutral 18 30

Agree 24 40

Strongly Agree 14 23.3

Total 60 100

Source: Primary Data Output from SPSS 20

As shown in the table 4.28 above 4 respondents or 6.7% stated

disagree, 18 respondents or 30% stated neutral, 24 respondents or

40% stated agree and 14 respondents or 23.3% stated strongly agree

on the statement Coca-Cola has a good reputation.

Table 4.29

Customer Know Positive News about Coca-Cola Soft Drink

Frequency Percentage

Disagree 4 6.7

Neutral 12 20

Agree 29 48.3

Strongly Agree 15 25

Total 60 100

Source: Primary Data Output from SPSS 20

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As shown in the table 4.29 above 4 respondents or 6.7% stated

disagree, 12 respondents or 20% stated neutral, 29 respondents or

48.3% stated agree and 15 respondents or 25% stated strongly agree

on the statement customer know positive news about Coca-Cola soft

drink.

Table 4.30

Coca-Cola as Soft Drink Associated with Customer‘s Expectation

Frequency Percentage

Disagree 4 6.7

Neutral 13 21.7

Agree 32 53.3

Strongly Agree 11 18.3

Total 60 100

Source: Primary Data Output from SPSS 20

As shown in the table 4.30 above 4 respondents or 6.7% stated

disagree, 13 respondents or 21.7% stated neutral, 32 respondents or

53.3% stated agree and 11 respondents or 18.3% stated strongly

agree on the statement Coca-Cola as soft drink associated with

customer‘s expectation.

Table 4.31

Customer Know About Coca-Cola Product

Frequency Percentage

Disagree 5 8.3

Neutral 8 13.3

Agree 27 45

Strongly Agree 20 33.3

Total 60 100

Source: Primary Data Output from SPSS 20

As shown in the table 4.31 above 5 respondents or 8.3% stated

disagree, 8 respondents or 13.3 % stated neutral, 27 respondents or

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45% stated agree and 20 respondents or 33.3% stated strongly agree

on the statement customer know about Coca-Cola product.

Table 4.32

Coca-Cola Able to Loss Thirsty of Customer

Frequency Percentage

Disagree 4 6.7

Neutral 3 5

Agree 21 35

Strongly Agree 32 53.3

Total 60 100

Source: Primary Data Output from SPSS 20

As shown in the table 4.32 above 4 respondents or 6.7% stated

disagree, 3 respondents or 5% stated neutral, 21 respondents or 35%

stated agree and 32 respondents or 53.3% stated strongly agree on

the statement Coca-Cola able to loss thirsty of customer.

Table 4.33

Coca-Cola Associated With Customers Need

Frequency Percentage

Disagree 7 11.7

Neutral 3 5

Agree 39 65

Strongly Agree 11 18.3

Total 60 100

Source: Primary Data Output from SPSS 20

As shown in the table 4.33 above 7 respondents or 11.7% stated

disagree, 3 respondents or 5% stated neutral, 39 respondents or 65%

stated agree and 11 respondents or 18.3% stated strongly agree on

the statement Coca-Cola associated with customers need.

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Table 4.34

The Coca-Cola Company Will Not Deceive Customer

Frequency Percentage

Disagree 4 6.7

Neutral 10 16.7

Agree 36 60

Strongly Agree 10 16.7

Total 60 100

Source: Primary Data Output from SPSS 20

As shown in the table 4.34 above 4 respondents or 6.7% stated

disagree, 10 respondents or 16.7% stated neutral, 36 respondents or

60% stated agree and 10 respondents or 16.7% stated strongly agree

on the statement the Coca-Cola company will not deceive customer.

Table 4.35

Coca-Cola Has a Good Reputation as Multinational Company

Frequency Percentage

Disagree 4 6.7

Neutral 3 5

Agree 40 66.7

Strongly Agree 13 21.7

Total 60 100

Source: Primary Data Output from SPSS 20

As shown in the table 4.35 above 4 respondents or 6.7% stated

disagree, 3 respondents or 5% stated neutral, 40 respondents or

66.7% stated agree and 13 respondents or 21.7% stated strongly

agree on the statement Coca-Cola has a good reputation as

multinational company.

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Table 4.36

Coca-Cola Attentive the Customer

Frequency Percentage

Disagree 2 3.3

Neutral 15 25

Agree 35 58.3

Strongly Agree 8 13.3

Total 60 100

Source: Primary Data Output from SPSS 20

As shown in the table 4.36 above 2 respondents or 3.3% stated

disagree, 15 respondents or 25% stated neutral, 35 respondents or

58.3% stated agree and 8 respondents or 13.3% stated strongly agree

on the statement Coca-Cola attentive the customer.

Table 4.37

Customer Believe With Coca-Cola

Frequency Percentage

Disagree 3 5

Neutral 9 15

Agree 40 66.7

Strongly Agree 8 13.3

Total 60 100

Source: Primary Data Output from SPSS 20

As shown in the table 4.37 above 2 respondents or 5% stated

disagree, 9 respondents or 15% stated neutral, 40 respondents or

66.7% stated agree and 8 respondents or 13.3% stated strongly agree

on the statement customer believe with Coca-Cola.

Table 4.38

Coca-Cola‘s Brand Image as Customer Judge Themselves

Frequency Percentage

Disagree 3 5

Neutral 14 23.3

Agree 31 51.7

Strongly Agree 12 20

Total 60 100

Source: Primary Data Output from SPSS 20

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As shown in the table 4.38 above 3 respondents or 5% stated

disagree, 14 respondents or 23.3% stated neutral, 31 respondents or

51.7% stated agree and 12 respondents or 20% stated strongly agree

on the statement Coca-Cola‘s brand image as customer judge

themselves.

Table 4.39

If Coca-Cola Brand Is Human, Customer Will Love It as Themselves

Frequency Percentage

Disagree 5 8.3

Neutral 19 31.7

Agree 31 51.7

Strongly Agree 5 8.3

Total 60 100

Source: Primary Data Output from SPSS 20

As shown in the table 4.39 above 5 respondents or 8.3% stated

disagree, 19 respondents or 31.7% stated neutral, 31 respondents or

51.7% stated agree and 5 respondents or 8.3% stated strongly agree

on the statement if Coca-Cola brand is human, customer will love it

as themselves.

Table 4.40

Customer like Coca-Cola

Frequency Percentage

Disagree 2 3.3

Neutral 16 26.7

Agree 31 51.7

Strongly Agree 11 18.3

Total 60 100

Source: Primary Data Output from SPSS 20

As shown in the table 4.40 above 2 respondents or 3.3% stated

disagree, 16 respondents or 26.7% stated neutral, 31 respondents or

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51.7% stated agree and 11 respondents or 18.3% stated strongly

agree on the statement customer like Coca-Cola.

4) Descriptive variable customer loyalty

The questionnaires completed by the respondents about customer

value variable show the following result:

Table 4.41

Coca-Cola Is Better Than Other Brand And Associated With

Customer Desired

Frequency Percentage

Strongly Disagree 2 3.3

Disagree 1 1.7

Neutral 19 31.7

Agree 28 46.7

Strongly Agree 10 16.7

Total 60 100

Source: Primary Data Output from SPSS 20

As shown in the table 4.41 above 2 respondents or 3.3% stated

strongly disagree, 1 respondent or 1.7% stated disagree, 19

respondents or 31.7% stated neutral, 28 respondents or 46.7% stated

agree, and 10 respondents or 16.7% stated strongly agree on the

statement Coca-Cola is better than other brand and associated with

customer desired.

Table 4.42

Customer Confidence with Coca-Cola Brand

Frequency Percentage

Strongly Disagree 1 1.7

Disagree 2 3.3

Neutral 13 21.7

Agree 41 68.3

Strongly Agree 3 5

Total 60 100

Source: Primary Data Output from SPSS 20

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As shown in the table 4.42 above 1 respondent or 1.7% stated

strongly disagree, 2 respondents or 3.3% stated disagree, 13

respondents or 21.7% stated neutral, 41 respondents or 68.3% stated

agree, and 3 respondents or 5% stated strongly agree on the

statement customer confidence with Coca-Cola brand.

Table 4.43

Customer Prefer Coca-Cola than Others

Frequency Percentage

Strongly Disagree 1 1.7

Neutral 22 36.7

Agree 34 56.7

Strongly Agree 3 5

Total 60 100

Source: Primary Data Output from SPSS 20

As shown in the table 4.43 above 1 respondent or 1.7% stated

strongly disagree, 22 respondents or 36.7% stated neutral, 34

respondents or 56.7% stated agree and 3 respondents or 5% stated

strongly agree on the statement customer prefer Coca-Cola than

others.

Table 4.44

Customer Really Like Coca-Cola

Frequency Percentage

Strongly Disagree 1 1.7

Disagree 2 3.3

Neutral 20 33.3

Agree 29 48.3

Strongly Agree 8 13.3

Total 60 100

Source: Primary Data Output from SPSS 20

As shown in the table 4.44 above 1 respondent or 1.7% stated

strongly disagree, 2 respondents or 3.3% stated disagree, 20

respondents or 33.3% stated neutral, 29 respondents or 48.3% agree

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and 8 respondents or 13.3% stated strongly agree on the statement

customer really like Coca-Cola.

Table 4.45

Customer Will Intend To Buy Coca-Cola

Frequency Percentage

Strongly Disagree 2 3.3

Disagree 1 1.7

Neutral 10 16.7

Agree 44 73.7

Strongly Agree 3 5

Total 60 100

Source: Primary Data Output from SPSS 20

As shown in the table 4.45 above 2 respondents or 3.3% stated

strongly disagree, 1 respondent or 1.7% stated disagree, 10

respondents or 16.7% stated neutral, 44 respondents or 73.7% agree

and 3 respondents or 5% stated strongly agree on the statement

customer will intend to buy Coca-Cola.

Table 4.46

Customer Will Consume Coca-Cola All the Time

Frequency Percentage

Strongly Disagree 1 1.7

Disagree 3 5

Neutral 11 18.3

Agree 43 71.7

Strongly Agree 2 3.3

Total 60 100

Source: Primary Data Output from SPSS 20

As shown in the table 4.46 above 1 respondent or 1.7% stated

strongly disagree, 3 respondents or 5% stated disagree, 11

respondents or 18.3% stated neutral, 43 respondents or 71.7% agree

and 2 respondents or 3.3% stated strongly agree on the statement

customer will consume Coca-Cola all the time.

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Table 4.47

Customer Will Recommend Coca-Cola to Their Relatives or Friends

Frequency Percentage

Strongly Disagree 1 1.7

Disagree 3 5

Neutral 4 6.7

Agree 44 73.7

Strongly Agree 8 13.3

Total 60 100

Source: Primary Data Output from SPSS 20

As shown in the table 4.47 above 1 respondent or 1.7% stated

strongly disagree, 3 respondents or 5% stated disagree, 4 respondents

or 6.7% stated neutral, 44 respondents or 73.7% agree and 8

respondents or 13.3% stated strongly agree on the statement

customer will recommend Coca-Cola to their relatives or friends.

c. Classical Assumption Test

1) Normality Test

(a) P-P Plot

Figure 4.3

Normality Test Result

Source: Primary Data Output from SPSS 20

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Normality data test aims to know the distribution of data in the

variables that use in the research. A good data used in the research is

data, which has a normal distribution. Normality data can be seen

from various ways, which is by looking at the normal curve of Q-Q

plot. A normal variable is when the diagram of distribution with the

dots spread around the diagonal line, and the spreading of dots data

is one same along diagonal line, it can be said that the data has a

normal distribution.

Based on figure 4.3, it can be seen that the plots are distributed

along the diagonal line. Thus, can be concluded that the data used in

this research has a normal distribution.

(b) One Sample Kolmogrov Smirnov

Table 4.48

Normality Test Result

One-Sample Kolmogorov-Smirnov Test

Unstandardiz

ed Residual

N 60

Normal Parametersa,b

Mean 0E-7

Std.

Deviation 2.37585420

Most Extreme

Differences

Absolute 0.136

Positive 0.136

Negative -0.050

Kolmogorov-Smirnov Z 1.052

Asymp. Sig. (2-tailed) 0.218

a. Test distribution is Normal.

b. Calculated from data.

Source: Primary Data Output from SPSS 20

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Based on table 4.48 above, can be seen that the value of

signification (Asymp. Sig. 2-tailed) is 0.218. It means the

signification more than 0.05 (0.218 > 0.05), thus residual value

shows normal distribution. So, the regression model requires

normality assumes.

2) Multicolinearity Test

Table 4.49

Multicolinearity Statistics

Variable

Collinearity Statistics

Tolerance VIF

Customer Value 0.372 2.688

Customer Satisfaction 0.283 3.529

Trust in Brand 0.647 1.545

Source: Primary Data Output from SPSS 20

Multicolinearity test aims to test a correlation among the

independent variable in the regression model. A good regression

model should have no correlation among the independent variable.

Analyze data tolerance value shows there is no independent variable

which has tolerance value less than 0.10, that means there is no

correlation among independent variables that have a value higher

than 95 percent. On the other hand VIF column shows similar things

that there is no independent variable that has VIF value higher than

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10, thus, it can be concluded, that there is no multicolinearity among

independent variables in regression model.

3) Heteroskesdasticity Test

Figure 4.4

Heteroskesdasticity

Source: Primary Data Output from SPSS 20

According to Duwi Priyatno (2012:165) a multiple linear

regression is free of heteroskesdasticity if:

a. there is no clear pattern

b. point spread above and below zero on the Y axis

Heteroskesdasticity test is aimed to examine whether in the

model occurs any residual variance in certain monitoring period to

another monitoring period. If the characteristic is fulfilled, it means

that the factors of intruder variation toward the data have the

characteristic of heteroskesdasticity. A good model is

homokesdasticity, not heteroskesdasticity.

From the Scatter plot diagram in figure 4.4 above it can be seen

that the dots are spread widely, below and above the number of 0, or

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in other words, it is not grouping in one side only, but in both sides.

The dots also have no pattern. Thus, it can be concluded that this

data are free from heteroskesdasticity problem.

d. Multiple Linear Regressions

Regression analysis is mainly used for seen an association between

one or more independent variables of dependent variable. Regression

was used for prediction purposes how much influence the independent

variables of dependent variable.

The calculation of statistics in regression analysis used in this study

is to use aid computer program SPSS 20 for windows. A summary of

the results of the data processing by using the SPSS program can be

seen in table 4.50:

Table 4.50

Result of Multiple Linear Regressions

Coefficients

a

Model

Unstandardized

Coefficients

Standardized

Coefficients

t Sig.

B

Std.

Error Beta

1 (Constant) 8.158 1.736 4.700 0.000

Customer

Value

0.284 0.066 0.440 4.324 0.000

Customer

Satisfactio

n

0.232 0.046 0.588 5.048 0.000

Trust in

Brand

-0.108 0.038 -0.216 -2.805 0.007

a. Dependent Variable: Customer Loyalty

Source: Primary Data Output from SPSS 20

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From this result, when written in the form of standardized regression

equation is as follows:

Y = 0.284 X1 + 0.232 X2 – 0.108 X3

Where:

Y = Customer loyalty

X1 = Customer value variable

X2 = Customer satisfaction variable

X3 = Trust in brand variable

1) Coefficient Determination (R²)

Table 4.51

Coefficient Determination

Model Summaryb

Model R R

Square

Adjusted R

Square

Std. Error of

the Estimate

1 0.886a 0.784 0.773 2.439

a. Predictors: (Constant), Trust in Brand, Customer Value,

Customer Satisfaction

b. Dependent Variable: Customer Loyalty

Source: Primary Data Output from SPSS 20

The correlation coefficient (R) shows how much the relationship

between the independent variables simultaneously with the dependent

variable. Correlation coefficient ranges from 0 to 1, if it is close to 1 then

the increasingly close relationship, but if it is close to 0 then the

relationship is getting weaker (Duwi Priyatno, 2012:134). From the

results as shown in the table 4.51, the number correlation (R) between

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customer value, customer satisfaction, and trust in brand are 0.886. It

means that there is a strong relationship between independent variables

to dependent variable.

From table 4.51 coefficient determination (R²), the results of

calculation using SPSS 20 program can be seen that the adjusted R

square is 0.773. This means 77.3% independent variables customer value

(X1), customer satisfaction (X2), and trust in brand (X3) effect customer

loyalty as dependent variable (Y) and a rest 22.7% influenced by another

variable that is unknown and not included in this regression analysis.

e. t-Test (Partial)

Partial test or t test aims to determine how big the influence of each

independent variable (X) individually partially toward dependent

variable (Y). This research used two tailed test can be seen in table 4.50

(coefficient), by comparing the t table = -2.003/2.003 and signification

<0.05, the results of data processing using SPSS 20 are as follows:

1) Customer Value Variable

Ha: There is significant influence partially between customer value

and customer loyalty.

According to the table above, the obtained number of

significance (sig column) for variable x1 (customer value) is 0.000.

The number 0.000<0.05, therefore Ho rejected and Ha accepted. The

result of t test is 4.324 > t table 2.003. Therefore it can be concluded,

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customer value (x1) has significant influence toward customer

loyalty (y).

The results from this research are concordant with the previous

research conducted by I Wayan Nusantara (2011) with the tittle ―The

Influence of Customer Value to Customer Satisfaction, Customer

Loyalty and Performance of Customer Relationship Management (A

Study of Halo Corporate PT. Telkomsel Bali)‖. The results

emphasized that customer value is the subordination of the customer

objectives, so the value will direct customer action, which is loyalty.

The results are also in accordance with research conducted by Wang

et al (2004) quoted by I Wayan Nusantara (2011:9), who obtained

the results that the functional value, social value and emotional value

of customers significantly influence on customer loyalty.

2) Customer Satisfaction Variable

Ha: There is significant influence partially between customer

satisfaction and customer loyalty.

According to the table above, the obtained number of

significance (sig column) for variable x2 (customer satisfaction) is

0.000. The number 0.000<0.05¸ therefore Ho rejected and Ha

accepted. The result of t test is 5.048 > t table 2.003. Therefore it can

be concluded, customer satisfaction (x2) has significant influence

toward customer loyalty (y).

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The results from this research are concordant with the previous

research conducted by Mohammad Muzahid Akbar and Noorjahan

Parvez (2009) with the tittle ―Impact of Service Quality, Trust and

Customer Satisfaction on Customer Loyalty (Case Study on

customers of a major private telecommunication company of

Bangladesh)‖. The results of this research indicated significant

influence between customer satisfaction and customer loyalty.

The results also emphasized that the impact of customer

satisfaction on loyalty has been widely supported by references

related to marketing research. Satisfaction can be considered as a key

to establishing and maintaining loyalty, and a foundation for

customers to use website for a long period of time. High satisfaction

can enhance the possibility of recommending service by customers.

The results are also in accordance with research conducted by Wang

et al (2004) quoted by I Wayan Nusantara (2011:9), who obtained

the results that customer satisfaction significantly influence to

customer loyalty, it means that the higher satisfied customer of the

products consumed it would increase the loyal customers of the

brand or company product‘s.

3) Trust in Brand Variable

Ha: There is significant influence partially between trust in brand and

customer loyalty.

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According to the table above, the obtained number of

significance (sig column) for variable x3 (trust in brand) is 0.007.

The number 0.007<0.05¸ therefore Ho rejected and Ha accepted. The

result of t test is -2.805<t table -2.003. Therefore it can be concluded,

trust in brand (x3) has significant influence toward customer loyalty

(y).

The results from this research stated that customer trust has

significant influence and negative toward customer loyalty. Negative

coefficient, it means there is negative relationship between trust in

brand variable with customer loyalty, if trust in brand rising would

be decreasing customer loyalty. The test results cannot be interpreted

directly just by looking at the numbers above, which means that if

the variable trust in brand goes up, then the loyal customer to

company will be reduced. This indicates that although customer

satisfaction has exceeded minimum expectations, but the condition is

still not give full confidence to company. This shows that consumer

trust is not a benchmark in enhancing customer loyalty.

The result is different with the previous research conducted by

Ropinov Saputro (2010) with the tittle ―The Influence of Product

Quality, Service Quality and Customer Trust toward Customer

Loyalty (Case Study on PT. Nusantara Sakti Demak). The result

shows that trust becomes the most important factor in the

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relationship between a company and its customers and the

relationship between brands with customers.

f. F Test

Table 4.52

F Test

ANOVAa

Model

Sum of

Squares df

Mean

Square F Sig.

1 Regression 1212.214 3 404.071 67.945 0.000b

Residual 333.036 56 5.947

Total 1545.250 59

a. Dependent Variable: Customer Loyalty

b. Predictors: (Constant), Trust in Brand, Customer Value, Customer

Satisfaction

Source: Primary Data Output from SPSS 20

F Test basically indicates whether all the independent variables included

in the model have simultaneously influence toward dependent variable.

Hypothesis testing with F statistics can be done by comparing the calculated

F test with the value of F table 2.769 and significance <0.05.

Ha: There is significant influence simultaneously among variable of

customer value, customer satisfaction and trust in brand toward

customer loyalty.

From ANOVA test or F test is obtained F value test is 67.945 with

probabilities 0.000. The degree of freedom (df) for the F test is (df) n-k-1 =

60-3-1= 56. Thus the F table for F test is 2.769. It shows that F test =67.945

bigger than F table= 2.769, and the significance level 0.000<0.05. It means

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that customer value, customer satisfaction and trust in brand have significant

influence simultaneously toward customer loyalty.

Lam et al., (2004) stated that in the recent research has explored

relationships between customer value perceptions and both satisfaction and

loyalty. If customer is satisfied he/she will buy the product again and again.

It is one of the very important factors that affect customers. According to

Mohammad Muzahid Akbar (2009:28) trust and customer satisfaction are

significantly and positively related to customer loyalty.

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CHAPTER V

CONCLUSIONS AND IMPLICATION

A. Conclusions

The purpose of this research was to find out the roles of customer value,

customer satisfaction and trust in brand toward customer loyalty of Coca-

Cola. The statistical tests conducted by applying the SPSS software have

examined the results of 39 questions related with the role of customer value,

customer satisfaction and trust in brand towards customer loyalty from 60

customers of Coca-Cola especially in north Jakarta as respondents. Then

obtained conclusions are as follows:

1. Simultaneously, there are influences between customer value, customer

satisfaction and trust in brand toward customer loyalty. The search for F

value probabilities of the independent variable is less than alpha of the

research (t table). The alpha (t table) of this research is 5%. According to

the statistical test conducted by applying the SPSS software, the search

from ANOVA test or F test is obtained F value test is 67.945 with the

probabilities 0.000. It shows that all independent variables have F value

below 5% (0.05). The benefit of this research can be seen in the relation

between customer loyalty, customer value, customer satisfaction and trust

in brand.

2. In this research on customer value variable, the result shows that customer

value has significant influence partially toward customer loyalty.

115

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3. In this research on customer satisfaction variable, the result shows that

customer satisfaction has significant influence partially toward customer

loyalty.

4. In this research on trust in brand variable, the result shows that trust in

brand has significant influence partially toward customer loyalty.

B. Implications

The implication of this research indicates that customer loyalty of Coca-

Cola in north Jakarta influenced by customer value, customer satisfaction and

trust in brand. The findings of this research shows that the customer value,

customer satisfaction and trust in brand explain 77.3% of customer loyalty of

Coca-Cola especially in north Jakarta. The rest of 22.7% is influenced by

other factors that are not included in this research, for example switching cost

and service quality.

The findings in this research lead to following recommendations:

In order to improve customer value, customer satisfaction and trust in brand

can be done by increasing the quality products, keep the company‘s reputation

and build closed relationship with customers.

a. The fact of customers expectation regarding the quality of Coca-Cola

products such as aroma, affordable and easy to obtain, are able to increase

customer satisfaction. The company should maintain the quality of

existing products, so customers remain loyal and do not move to other

companies. In order to improve the quality of the product with always

keep the characteristic of Coca-Cola ―non alcoholic soft drink‖. Due to the

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good quality of products will lead to customer satisfaction on a product so

encouraging re-purchasing the same brand.

b. Beside increasing the quality of products but also the company should has

good image in the customer perspective. If the company has a good image

in the customer perspective, then the customer will give a positive

assessment on the companies that encourage them to loyal on the product.

Conversely, if the company has a bad image, the customer would give a

negative rating so that customers will switch to another product. It should

be noted Coca-Cola to always maintain the reputation of the company so

the customers do not move to another product. Because whether customers

might switch to another product as measure the attachment to customer

loyalty. Things to do the company image either by utilize the distribution

of fund, that by purchase one bottle of Coca-Cola it mean already

contribute of 100 rupiah for the society especially poor people that

socialization through social media or others.

c. Company should always maintain and enhance the trust of its customers. If

the customer's trust is not maintained and enhanced, the company will lose

loyal customers in the future. In order to keep the trust of customers,

company should build closed relationship with their customers, for

example the company gave reward to consumers, in the form of gift-giving

on a particular purchase contained in packaging.

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(www.thecoca-colacompany.com)

(www.coca-cola.com)

(www.coca-colaamatil.co.id)

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Appendix 1

Research Questionnaire

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QUESTIONNAIRE SHEET

Sincerely, Jakarta, December 2012

Name: Hilmiyah Amaliyati

NIM: 108081100009

Program Study / University: International Management / UIN Sharif Hidayatullah

Jakarta

Currently I'm doing research for my thesis about the influence of customer

value, customer satisfaction and trust in brand toward customer loyalty (case

study on customer of Coca-Cola in North Jakarta). In order for this research goes

well, I expect the willingness and support of the respondents to fill out the

questionnaire correctly and properly. I guarantee the confidentiality of the father /

mother, brother / I give it, because the answer is just as material or data research

and not for publication. For your concern and willingness to time, I say thank you.

Before completing the questionnaire implore willingness father / mother /

brother / sister to complete the checklist by marking a cross (X) in the appropriate

boxes below:

1. Have you ever consumed beverage products of Coca-Cola Soft Drink?

( ) Yes ( ) No

If yes, please proceed to the next statement.

If not, please stop answering and stop here. Thank you for participating.

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Part I (Respondent Data)

Instructions for filing: Provide answers to the following questions by filling in the

blanks or by marking a cross (X) in front of the appropriate response.

1. Name : ……………………………….

2. Gender : or

3. Have you ever buy and consume Coca-Cola in the last 3 months:

a. Ever (go to next question)

b. Never (stop up here. Thank you)

4. Age :

a. 7-15 years d. 36-45 years

b. 16-25 years e. 46-55 years

c. 26-35 years f. > 56 years

5. Occupation :

a. Student

b. PNS

c. Private Employee

d. Housewife

e. Other (specify)…………

6. How much of your income each month (if not income, based on the

contents of giving parents money)

a. < Rp. 999.999,-

b. Rp. 1.000.000 ,- - Rp. 2.999.999,-

c. Rp. 3.000.000,- - Rp. 4.999.999,-

d. Rp. 5.000.000,- - Rp. 6.999.999,-

e. Rp. 7.000.000,- - Rp. 8.999.999,-

f. Rp. 9.000.000,- - Rp. 10.999.999,-

g. > Rp. 11.000.000,-

Part II (hint filling out the questionnaire)

1. You are asked to read or listen to each questions / statements below

carefully.

2. Fill in the questions / statements below with a checkmark (√) in one

column.

L P

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3. The research criteria of column means:

Strongly Disagree 1

Disagree 2

Neutral 3

Agree 4

Strongly Agree 5

4. All the answer does not contain true or false judgment of you so that

need not be affected by other people‘s opinion.

5. All the information you entered will be very useful for this research

and we kept confidential.

Part III. Question / Statement

Instruction for filling: fill in the questions / statements below with a checkmark

(√) in one column.

A. Customer Value

No Question / Statement 5 4 3 2 1

SA A N D SD

1 Coca-Cola non alcoholic soft drink.

2 Coca-Cola do not acute health effect

3

Coca-Cola as source of increasing calories in the

body.

4

Coca-Cola has a good reputation as Soft Drink

Company.

5

Coca-Cola has never got involve with deception

case.

6

I feel relaxed when i consumed Coca-Cola

7

I feel secure when i consumed Coca-Cola

8 I feel excite when i consumed Coca-Cola

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B. Customer Satisfaction

No Question / Statement 5 4 3 2 1

SA A N D SD

1

Coca-Cola does not contain microbe and chemical

contamination.

2

Coca-Cola always mentions production code and

date of expired.

3

I feel fresh with Coca-Cola product.

4 I like design of Coca-Cola

5 I like Coca-Cola‘s aromatic

6 I feel proud when I consumed Coca-Cola

7 I believe with Coca-Cola

8 Coca-Cola achievable price

9 Coca-Cola‘s price associated with my quality

expectations.

10 Coca-Cola has cheap price

11 Coca-Cola is easy to find

C. Trust in Brand

No Question / Statement 5 4 3 2 1

SA A N D SD

1

Coca-Cola has a good reputation

2 I know positive news about soft drink brand

3

Coca-Cola as soft drink associated with my

expectation

4 I know Coca-Cola product

5 Coca-Cola able to loss my thirsty

6 Coca-Cola associated with my needs

7 I believe that this company will not try to cheat me

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No Question / Statement 5 4 3 2 1

SA A N D SD

8

Coca-Cola has good reputation as multinational

company

9 Coca-Cola attentive my self

10 I believe with Coca-Cola

11 This brand image as I see / judge my self

12 If this brand is human, I will love him as myself

13 I like Coca-Cola‘s brand

D. Customer Loyalty

No Question / Statement 5 4 3 2 1

SA A N D SD

1

Coca-Cola is better than other brand and associated

with my desired.

2 I feel confidence with Coca-Cola brand

3

I prefer Coca-Cola than others

4 I really like Coca-Cola

5 I intend to continue to buy Coca-Cola

6

I will consume Coca-Cola all the time

7 I will recommend the company to my relatives or

friends.

I would like to thank profusely for participating of Father / Mother /

Brother / i in filling this questionnaire. Fully aware that without the help of Father

/ Mother / Brother / I, this research there has no meaning at all.

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Appendix 2

Kuesioner Penelitian

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LEMBAR KUESIONER

Dengan Hormat, Jakarta, December 2012

Name: Hilmiyah Amaliyati

NIM: 108081100009

Program Study / University: International Management / UIN Sharif Hidayatullah

Jakarta

Saat ini saya sedang melakukan penelitian untuk skripsi saya mengenai pengaruh

antara nilai pelanggan, kepuasan pelanggan dan kepercayaan merek terhadap

loyalitas pelanggan (studi kasus pelanggan Coca-Cola di Jakarta Utara). Agar

penelitian ini berjalan dengan baik, saya mengharapkan kesedian dan bantuan dari

para responden untuk mengisi kuisioner ini dengan tepat dan benar. Saya

menjamin kerahasiaan bapak/ ibu, saudara/I berikan, karena jawaban tersebut

hanya sebagai bahan atau data penelitian dan tidak untuk dipublikasikan. Atas

perhatian dan kesedian waktunya, saya ucapkan banyak terima kasih.

Sebelum mengisi kuesioner mohon kesediaan bapak/ibu/saudara/saudari untuk

melengkapi daftar isian dengan memberi tanda silang (X) pada kotak yang telah

disediakan dibawah ini:

1. Apakah anda pernah mengkonsumsi produk minuman Coca-Cola Soft Drink ?

( ) Ya ( ) Tidak

Jika Ya, silahkan lanjutkan ke pernyataan selanjutnya.

Jika Tidak, silahkan berhenti menjawab dan berhenti sampai disini. Terimakasih

atas partisipasinya.

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Bagian I (Data Responden)

Petunjuk pengisian: Berikan jawaban atas pertanyaan berikut dengan mengisi

titik-titik atau dengan memberi tanda silang (X) didepan jawaban yang sesuai.

1. Nama : ……………………………….

2. Jenis kelamin : or

3. Pernahkah anda membeli dan mengkonsumsi Coca-Cola dalam waktu

3 bulan terakhir ini:

c. Pernah (lanjutkan ke pertanyaan selanjutnya)

d. Belum pernah (stop sampai disini. Terima kasih)

4. Usia :

d. 7-15 tahun d. 36-45 tahun

e. 16-25 tahun e. 46-55 tahun

f. 26-35 tahun f. > 56 tahun

5. Pekerjaan :

f. Pelajar/mahasiswa

g. PNS

h. Pegawai Swasta

i. Ibu Rumah Tangga

j. Lainnya (sebutkan)…………

6. Berapa penghasilan anda setiap bulan: (jika belum berpenghasilan, isi

berdasarkan uang pemberian orang tua)

h. < Rp. 999.999,-

i. Rp. 1.000.000 ,- - Rp. 2.999.999,-

j. Rp. 3.000.000,- - Rp. 4.999.999,-

k. Rp. 5.000.000,- - Rp. 6.999.999,-

l. Rp. 7.000.000,- - Rp. 8.999.999,-

m. Rp. 9.000.000,- - Rp. 10.999.999,-

n. > Rp. 11.000.000,-

Bagian II (petunjuk pengisian kuesioner)

1. Anda diminta untuk membaca atau menyimak setiap

pertanyaan/pernyataan dibawah ini dengan seksama.

L P

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2. Mengisi kolom pertanyaan/pernyataan dibawah ini dengan tanda

centang (√) pada salah satu kolom.

3. Kolom criteria penelitian yang berarti:

Sangat tidak setuju 1

Tidak setuju 2

Ragu-ragu 3

Setuju 4

Sangat setuju 5

4. Seluruh jawaban tidak mengandung penilaian benar atau salah

terhadap diri anda sehingga tidak perlu terpengaruh oleh pendapat

orang lain.

5. Segala informasi yang telah anda isi akan sangat berguna bagi

penelitian ini dan kami jaga kerahasiaannya.

Bagian III. Pertanyaan atau Pernyataan

Petunjuk pengisian: Berikan jawaban atas pertanyaan/pernyataan berikut dengan

memberi tanda checklist (√) pada jawaban yang sesuai.

A. Customer Value

No Pertanyaan atau Pernyataan 5 4 3 2 1

SS S RR TS STS

1 Coca-Cola minuman bersoda yang tidak beralkohol

2 Coca-Cola tidak mengganggu kesehatan

3

Coca-Cola sebagai penambah kalori dalam tubuh

4

Coca-Cola memiliki reputasi yang baik sebagai

perusahaan minuman bersoda

5

Coca-Cola tidak pernah terlibat dalam kasus

penipuan

6

Saya merasa santai mengkonsumsi Coca-Cola

7

Saya merasa aman mengkonsumsi Coca-Cola

8 Saya merasa senang mengkonsumsi Coca-Cola

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B. Customer Satisfaction

No Pertanyaan atau Pernyataan 5 4 3 2 1

SS S RR TS STS

1

Coca-Cola tidak mengandung mikroba dan bahan

kimia

2

Coca-Cola selalu mencantumkan kode produksi dan

tanggal kadaluarsa

3

Mengkonsumsi Coca-Cola membuat saya menjadi

segar

4 Saya menyukai desain Coca-Cola

5 Saya menyukai aroma Coca-Cola

6 Saya merasa bangga mengkonsumsi Coca-Cola

7 Saya percaya terhadap Coca-Cola

8 Harga Coca-Cola terjangkau

9 Harga Coca-Cola sesuai dengan harapan kualitas

saya sebagai pelanggan

10 Coca-Cola memiliki harga yang murah

11 Coca-Cola mudah untuk diperoleh

C. Trust in Brand

No Pertanyaan atau Pernyataan 5 4 3 2 1

SS S RR TS STS

1

Coca-Cola merupakan merek terkenal dan memiliki

reputasi yang baik

2 Saya mengetahui berita positif tentang Coca-Cola

3

Coca-Cola sebagai minuman bersoda yang sesuai

dengana harapan saya

4 Saya mengetahui produk Coca-Cola

5 Coca-Cola mampu menghilangkan rasa haus saya

6 Coca-Cola sesuai dengan kebutuhan saya

7 Coca-Cola tidak akan menipu saya

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No Pertanyaan atau Pernyataan 5 4 3 2 1

SS S RR TS STS

8

Coca-Cola memiliki reputasi yang baik sebagai

perusahaan multinasional

9 Perusahaan Coca-Cola memperhatikan diri saya

10 Saya yakin dengan produk Coca-Cola

11 Citra merek ini seperti saya memandang/manilai

diri sendiri

12 Jika merek ini adalah manusia, saya akan

menyukainya seperti menyukai diri sendiri

13 Saya menyukai merek Coca-Cola

D. Customer Loyalty

No Pertanyaan atau Pernyataan 5 4 3 2 1

SS S RR TS STS

1

Coca-Cola lebih baik dari merek lain dan sesuai

dengan keinginan saya

2 Saya yakin dengan produk perusahaan Coca-Cola

3

Saya mengutamakan Coca-Cola dari pada produk

lain

4 Saya sangat menyukai Coca-Cola

5 Saya berniat untuk terus membeli Coca-Cola

6

Untuk seterusnya saya akan tetap mengkonsumsi

Coca-Cola

7 Saya akan merekomendasikan kepada kerabat untuk

tidak beralih kepada produk lain

Saya menyampaikan terima kasih yang sebesar-besarnya atas partisipasi

Bapak/Ibu/Saudara/i dalam pengisian kuesioner ini. Disadari sepenuhnya bahwa

tanpa bantuan Bapak/Ibu/Saudara/I, studi ini tidak ada artinya sama sekali.

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Appendix 3

Distribution the Answer of

Respondents

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Distribution the Answer of Respondents

Customers of Coca-Cola in North Jakarta

No Customer Value Customer Satisfaction Trust in Brand Customer Loyalty

1 2 3 4 5 6 7 8 1 2 3 4 5 6 7 8 9 10 11 1 2 3 4 5 6 7 8 9 10 11 12 13 1 2 3 4 5 6 7

1 5 4 4 5 4 4 4 5 5 5 5 5 5 5 5 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 3 4 4 4 4 3 4 4 4

2 5 5 5 5 5 5 5 5 4 5 5 4 5 4 4 5 5 5 5 4 4 4 5 5 4 4 4 4 4 4 4 4 3 4 3 3 4 3 4

3 5 5 5 5 5 5 5 5 5 5 5 5 4 5 4 5 4 5 4 4 4 4 5 5 4 4 4 4 4 4 4 4 4 3 3 4 4 4 4

4 5 5 5 5 5 5 5 5 4 4 4 4 5 5 5 5 5 5 5 3 3 4 3 4 4 4 4 4 4 4 4 3 3 3 3 3 4 4 4

5 4 4 4 4 4 4 4 4 5 5 4 5 4 4 5 4 5 4 4 5 5 4 4 4 4 4 4 4 3 3 3 3 4 4 4 4 4 4 4

6 4 4 4 4 3 4 3 4 4 4 5 5 5 4 5 4 4 4 4 3 4 4 4 4 4 4 4 4 4 4 4 4 3 4 3 5 4 4 4

7 5 4 5 5 4 5 4 5 5 4 5 5 4 4 4 4 4 5 4 3 3 3 4 5 4 4 4 3 4 4 4 3 5 4 4 4 4 4 4

8 5 5 5 5 5 5 5 5 3 4 4 3 3 3 4 5 5 5 5 3 4 3 4 5 4 3 4 4 4 3 3 4 3 4 4 3 4 4 4

9 4 3 4 3 3 4 3 4 5 5 5 5 4 5 4 5 4 5 4 4 5 5 5 5 5 5 5 5 5 5 5 5 4 3 4 4 3 4 4

10 4 4 5 4 5 4 5 4 4 5 5 5 5 5 5 5 5 5 5 5 4 4 5 5 4 4 4 4 4 4 4 5 4 4 4 3 4 3 4

11 5 5 5 5 5 5 5 5 4 4 5 4 4 5 5 5 5 5 5 5 5 5 5 5 5 5 5 4 4 5 4 4 4 4 4 4 4 4 5

12 1 2 2 1 1 1 1 1 1 1 1 2 1 1 2 1 1 1 1 4 4 4 4 4 4 4 4 4 4 4 3 4 1 1 1 1 1 1 1

13 5 5 5 5 5 5 5 5 4 5 5 4 5 4 4 5 5 5 5 4 4 4 5 5 4 4 4 4 4 4 4 4 3 4 3 3 4 3 4

14 2 2 2 2 2 2 2 2 3 3 3 3 3 3 3 3 3 3 3 4 4 4 5 5 4 4 4 4 4 4 4 4 4 3 3 4 4 4 4

15 3 2 5 3 5 4 5 4 3 4 3 4 4 3 4 4 4 4 4 3 3 4 3 4 4 4 4 4 4 4 4 3 3 3 3 3 4 4 4

16 4 4 3 4 4 4 4 4 4 3 4 4 3 4 3 4 4 4 4 5 5 3 4 4 3 4 4 4 3 3 3 3 4 4 4 4 4 4 4

17 4 4 4 4 3 4 3 4 4 4 2 4 4 2 4 4 4 4 4 3 4 4 4 3 4 4 4 4 4 4 4 4 3 4 3 5 4 4 4

18 5 4 5 5 4 5 4 5 3 4 4 4 4 4 4 4 4 4 4 3 3 3 4 5 4 4 4 3 4 4 4 3 5 4 4 4 4 4 4

19 5 5 5 5 5 5 5 5 3 4 4 3 3 3 4 5 5 5 5 3 4 3 4 5 4 3 4 4 4 3 3 4 3 4 4 3 4 4 4

20 4 3 4 3 3 4 3 4 3 4 4 3 3 4 4 4 4 4 4 4 5 5 5 5 5 5 5 5 5 5 5 5 4 3 4 4 3 4 4

134

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21 2 5 4 5 5 3 5 5 4 3 5 4 4 3 5 5 2 5 3 5 4 3 5 5 4 5 5 3 4 5 4 4 4 4 4 4 4 4 5

22 4 3 4 3 3 3 3 3 2 3 3 2 3 2 3 3 3 3 3 5 5 5 5 5 5 5 5 5 5 5 5 5 1 1 1 1 1 1 1

23 4 3 4 3 4 4 4 4 2 4 3 3 3 3 3 3 3 3 3 3 3 3 3 3 2 3 2 3 3 3 2 3 3 4 3 3 3 3 3

24 4 3 3 3 3 3 3 3 3 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 5 5 5 5 5 5 5

25 4 3 4 3 4 4 4 4 2 4 2 2 3 2 2 2 3 3 2 2 2 2 3 3 3 3 3 3 3 3 3 3 4 4 4 4 4 4 4

26 5 4 5 4 4 5 4 4 4 4 4 4 4 4 4 4 4 4 4 5 4 5 5 5 5 4 5 5 5 4 4 5 5 4 4 5 5 5 4

27 4 3 4 4 4 4 3 4 3 4 4 3 3 3 3 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 1 2 3 2 2 2 2

28 4 4 4 4 3 4 3 4 2 3 2 3 3 3 3 2 3 3 2 2 2 2 2 2 2 2 2 2 2 2 2 2 3 4 3 4 3 4 3

29 3 3 4 3 4 3 4 3 4 5 5 4 4 4 4 5 4 5 4 2 2 2 2 2 2 2 3 3 3 2 2 3 2 2 3 2 1 2 2

30 4 3 3 3 3 3 3 3 4 5 5 4 4 4 4 4 4 4 4 2 2 2 2 2 2 2 2 2 2 2 2 2 3 3 3 4 3 3 4

31 2 2 2 2 2 2 2 2 3 3 3 3 3 3 3 3 3 3 2 4 4 4 4 4 4 4 4 3 4 4 4 4 4 4 4 4 4 4 5

32 3 2 5 3 5 4 5 4 3 4 3 4 4 3 4 4 4 4 3 4 4 4 4 4 3 3 4 3 4 4 3 4 4 4 4 4 3 3 4

33 5 4 5 4 4 5 5 5 4 5 4 4 4 5 5 4 4 4 5 4 5 4 3 5 4 5 4 4 5 4 4 5 5 5 5 5 4 4 5

34 5 4 5 5 4 5 5 5 4 5 5 5 5 5 5 5 5 5 5 5 5 5 5 5 5 4 4 4 5 5 4 5 5 5 5 5 5 4 5

35 4 3 4 4 4 4 3 4 3 4 4 4 4 4 4 4 3 3 4 4 4 3 4 4 4 3 4 3 4 3 3 4 4 4 4 4 3 3 4

36 5 5 5 5 5 5 5 5 4 4 5 4 4 5 5 5 5 5 5 5 5 5 5 5 5 5 5 5 4 5 4 4 4 4 4 4 4 4 5

37 2 2 3 2 3 2 3 5 4 3 4 2 4 2 4 2 4 2 2 4 4 2 4 4 2 4 3 4 4 4 3 4 4 4 4 3 4 4 4

38 5 5 5 5 5 5 5 5 4 5 5 4 5 4 4 5 5 5 5 4 4 4 5 5 4 4 4 4 4 4 4 4 3 4 3 3 4 3 4

39 4 4 4 4 4 4 4 4 3 3 3 3 3 3 3 3 3 3 3 4 4 4 5 5 4 4 4 4 4 4 4 4 4 3 3 4 4 4 4

40 5 5 5 5 5 5 5 5 3 4 3 4 4 3 4 4 4 4 4 3 3 4 3 4 4 4 4 4 4 4 4 3 3 3 3 3 4 4 4

41 4 4 4 4 4 4 4 4 4 3 4 4 3 4 3 4 4 4 4 5 5 4 4 4 4 4 4 4 3 3 3 3 4 4 4 4 4 4 4

42 4 4 4 4 3 4 3 4 4 4 4 4 4 4 4 4 4 4 4 3 4 4 4 4 4 4 4 4 4 4 4 4 3 4 3 5 4 4 4

43 5 4 5 5 4 5 4 5 3 4 4 4 4 4 4 4 4 4 4 3 3 3 4 5 4 4 4 3 4 4 4 3 5 4 4 4 4 4 4

44 5 5 5 5 5 5 5 5 3 4 4 3 3 3 4 5 5 5 5 3 4 3 4 5 4 3 4 4 4 3 3 4 3 4 4 3 4 4 4

45 4 3 4 3 3 4 3 4 3 4 4 3 3 4 4 4 4 4 4 4 5 5 5 5 5 5 5 5 5 5 5 5 4 3 4 4 3 4 4

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46 2 2 2 2 2 2 2 2 3 3 3 3 3 3 3 3 3 3 2 4 4 4 4 4 4 4 5 4 4 4 4 4 4 4 4 4 4 4 4

47 3 2 5 3 5 4 5 4 3 4 3 4 4 3 4 4 4 4 3 4 4 3 4 5 4 3 4 3 4 3 3 4 4 4 4 4 3 3 4

48 5 1 5 5 3 4 2 4 2 5 4 5 4 2 3 2 4 2 5 5 3 4 2 5 3 4 5 3 3 5 3 4 5 3 3 3 4 4 4

49 5 3 5 2 4 4 3 5 3 5 4 5 5 2 4 4 4 4 4 4 3 4 2 5 2 4 5 3 4 5 3 5 5 4 3 4 4 4 3

50 4 4 4 4 4 4 4 4 5 5 4 5 4 4 5 4 5 4 4 5 5 4 4 4 4 4 4 4 3 3 3 3 4 4 4 4 4 4 4

51 4 4 4 4 3 4 3 4 4 4 5 5 5 4 5 4 4 4 4 3 4 4 4 4 4 4 4 4 4 4 4 4 3 4 3 5 4 4 4

52 5 4 5 5 4 5 4 5 5 4 5 5 4 4 4 4 4 5 4 3 3 3 4 5 4 4 4 3 4 4 4 3 5 4 4 4 4 4 4

53 5 5 5 5 5 5 5 5 3 4 4 3 3 3 4 5 5 5 5 3 4 3 4 5 4 3 4 4 4 3 3 4 3 4 4 3 4 4 4

54 4 3 4 3 3 4 3 4 5 5 5 5 4 5 4 5 4 5 4 4 5 5 5 5 5 5 5 5 5 5 5 5 4 3 4 4 3 4 4

55 2 2 2 2 2 2 2 2 3 3 3 3 3 3 3 3 3 3 2 5 4 4 5 5 4 4 4 4 4 4 4 5 4 4 4 3 4 3 4

56 3 2 5 3 5 4 5 4 3 4 3 4 4 3 4 4 4 4 3 5 5 5 5 5 5 5 5 4 4 5 4 4 4 4 4 4 4 4 5

57 5 4 4 5 4 4 4 5 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 3 4 4 4 4 3 4 4 4

58 5 5 5 5 5 5 5 5 4 5 5 4 5 4 4 5 5 5 5 4 4 4 5 5 4 4 4 4 4 4 4 4 3 4 3 3 4 3 4

59 5 4 4 5 4 5 4 5 5 5 5 5 4 5 4 5 4 5 4 3 3 3 3 3 2 2 3 3 2 3 3 3 3 3 3 3 4 4 3

60 5 5 5 5 5 5 5 5 4 4 4 4 5 5 5 5 5 5 5 3 3 3 3 3 2 3 2 3 3 3 2 3 4 4 4 4 4 2 2

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Appendix 4

Output Data Test Result

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The Result of Validity and Reliability Test Customer Value Variable

Case Processing Summary

N %

Cases

Valid 30 100.0

Excludeda 0 .0

Total 30 100.0

a. Listwise deletion based on all variables in the

procedure.

Reliability Statistics

Cronbach's

Alpha

N of Items

.910 8

Item-Total Statistics

Scale Mean if

Item Deleted

Scale Variance

if Item Deleted

Corrected Item-

Total

Correlation

Cronbach's

Alpha if Item

Deleted

CV1 28.10 17.059 .644 .904

CV2 28.80 15.062 .695 .901

CV3 28.03 16.378 .702 .900

CV4 28.57 15.220 .626 .909

CV5 28.57 16.116 .710 .898

CV6 28.33 15.609 .870 .887

CV7 28.60 15.007 .732 .897

CV8 28.27 15.651 .806 .891

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The Result of Validity and Reliability Test Customer Satisfaction Variable

Case Processing Summary

N %

Cases

Valid 30 100.0

Excludeda 0 .0

Total 30 100.0

a. Listwise deletion based on all variables in the

procedure.

Reliability Statistics

Cronbach's

Alpha

N of Items

.934 11

Item-Total Statistics

Scale Mean if

Item Deleted

Scale Variance

if Item Deleted

Corrected Item-

Total

Correlation

Cronbach's

Alpha if Item

Deleted

CS1 38.80 34.855 .770 .926

CS2 37.87 36.947 .583 .934

CS3 38.17 33.523 .870 .921

CS4 38.37 36.102 .651 .931

CS5 38.33 36.851 .689 .930

CS6 38.50 34.810 .677 .930

CS7 38.33 35.264 .839 .924

CS8 38.30 33.459 .801 .924

CS9 38.27 36.064 .708 .929

CS10 38.37 35.620 .619 .933

CS11 38.03 33.826 .792 .925

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The Result of Validity and Reliability Test Trust in Brand Variable

Case Processing Summary

N %

Cases

Valid 30 100.0

Excludeda 0 .0

Total 30 100.0

a. Listwise deletion based on all variables in the

procedure.

Reliability Statistics

Cronbach's

Alpha

N of Items

.972 13

Item-Total Statistics

Scale Mean if

Item Deleted

Scale Variance

if Item Deleted

Corrected Item-

Total

Correlation

Cronbach's

Alpha if Item

Deleted

TB1 44.97 86.861 .806 .971

TB2 44.97 86.102 .853 .970

TB3 45.03 85.413 .920 .968

TB4 44.97 86.723 .751 .972

TB5 44.57 85.702 .849 .970

TB6 45.03 85.757 .859 .969

TB7 45.03 87.344 .880 .969

TB8 44.77 87.564 .838 .970

TB9 45.10 88.438 .839 .970

TB10 44.87 88.326 .873 .969

TB11 44.97 87.206 .821 .970

TB12 45.27 88.133 .856 .970

TB13 44.87 88.257 .829 .970

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The Result of Validity and Reliability Test Customer Loyalty Variable

Case Processing Summary

N %

Cases

Valid 30 100.0

Excludeda 0 .0

Total 30 100.0

a. Listwise deletion based on all variables in the

procedure.

Reliability Statistics

Cronbach's

Alpha

N of Items

.954 7

Item-Total Statistics

Scale Mean if

Item Deleted

Scale Variance

if Item Deleted

Corrected Item-

Total

Correlation

Cronbach's

Alpha if Item

Deleted

CL1 22.00 23.034 .844 .948

CL2 22.03 24.654 .866 .945

CL3 22.13 25.844 .780 .952

CL4 22.03 24.171 .842 .946

CL5 22.13 23.844 .865 .945

CL6 22.17 25.040 .836 .947

CL7 21.90 24.231 .879 .943

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The Result of Normality Test

Residuals Statisticsa

Minimum Maximum Mean Std. Deviation N

Predicted Value 7.76 28.93 21.75 4.533 60

Residual -4.925 6.339 .000 2.376 60

Std. Predicted Value -3.087 1.583 .000 1.000 60

Std. Residual -2.020 2.599 .000 .974 60

a. Dependent Variable: Customer Loyalty

Charts

One-Sample Kolmogorov-Smirnov Test

Unstandardiz

ed Residual

N 60

Normal

Parametersa,

b

Mean 0E-7

Std.

Deviation 2.37585420

Most

Extreme

Differences

Absolute 0.136

Positive 0.136

Negative -0.050

Kolmogorov-Smirnov Z 1.052

Asymp. Sig. (2-tailed) 0.218

a. Test distribution is Normal.

b. Calculated from data.

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The Result of Multicoloniearity Test

Coefficientsa

Model Unstandardized Coefficients Standardized

Coefficients

t Sig. Collinearity Statistics

B Std. Error Beta Tolerance VIF

1

(Constant) 8.158 1.736 4.700 .000

Customer Value .284 .066 .440 4.324 .000 .372 2.688

Customer Satisfaction .232 .046 .588 5.048 .000 .283 3.529

Trust in Brand -.108 .038 -.216 -2.805 .007 .647 1.545

a. Dependent Variable: Customer Loyalty

Collinearity Diagnosticsa

Model Dimension Eigenvalue Condition Index Variance Proportions

(Constant) Customer Value Customer

Satisfaction

Trust in Brand

1

1 3.868 1.000 .00 .00 .00 .00

2 .069 7.473 .21 .00 .30 .01

3 .052 8.609 .05 .09 .00 .73

4 .011 18.949 .75 .91 .70 .25

a. Dependent Variable: Customer Loyalty

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The Result of Heterocesdastisity Test

Residuals Statisticsa

Minimum Maximum Mean Std. Deviation N

Predicted Value 7.76 28.93 21.75 4.533 60

Std. Predicted Value -3.087 1.583 .000 1.000 60

Standard Error of Predicted

Value .368 1.481 .603 .181 60

Adjusted Predicted Value 8.20 29.24 21.78 4.504 60

Residual -4.925 6.339 .000 2.376 60

Std. Residual -2.020 2.599 .000 .974 60

Stud. Residual -2.083 2.661 -.005 1.003 60

Deleted Residual -5.239 6.643 -.025 2.520 60

Stud. Deleted Residual -2.149 2.822 .000 1.021 60

Mahal. Distance .362 20.790 2.950 2.929 60

Cook's Distance .000 .085 .015 .021 60

Centered Leverage Value .006 .352 .050 .050 60

a. Dependent Variable: Customer Loyalty

Charts

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The Result of Autocorrelation Test

Model Summaryb

Model R R Square Adjusted R

Square

Std. Error of the

Estimate

Durbin-Watson

1 .886a .784 .773 2.439 1.159

a. Predictors: (Constant), Trust in Brand, Customer Value, Customer Satisfaction

b. Dependent Variable: Customer Loyalty

ANOVAa

Model Sum of Squares df Mean Square F Sig.

1

Regression 1212.214 3 404.071 67.945 .000b

Residual 333.036 56 5.947

Total 1545.250 59

a. Dependent Variable: Customer Loyalty

b. Predictors: (Constant), Trust in Brand, Customer Value, Customer Satisfaction

Coefficientsa

Model Unstandardized Coefficients Standardized

Coefficients

t Sig.

B Std. Error Beta

1

(Constant) 8.158 1.736 4.700 .000

Customer Value .284 .066 .440 4.324 .000

Customer Satisfaction .232 .046 .588 5.048 .000

Trust in Brand -.108 .038 -.216 -2.805 .007

a. Dependent Variable: Customer Loyalty

Residuals Statisticsa

Minimum Maximum Mean Std. Deviation N

Predicted Value 7.76 28.93 21.75 4.533 60

Residual -4.925 6.339 .000 2.376 60

Std. Predicted Value -3.087 1.583 .000 1.000 60

Std. Residual -2.020 2.599 .000 .974 60

a. Dependent Variable: Customer Loyalty

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The Result of Multiple Linear Regression

Variables Entered/Removeda

Model Variables Entered Variables

Removed

Method

1

Trust in Brand,

Customer Value,

Customer

Satisfactionb

. Enter

a. Dependent Variable: Customer Loyalty

b. All requested variables entered.

Model Summary

Model R R Square Adjusted R

Square

Std. Error of the

Estimate

1 .886a .784 .773 2.439

a. Predictors: (Constant), Trust in Brand, Customer Value, Customer

Satisfaction

ANOVAa

Model Sum of Squares df Mean Square F Sig.

1

Regression 1212.214 3 404.071 67.945 .000b

Residual 333.036 56 5.947

Total 1545.250 59

a. Dependent Variable: Customer Loyalty

b. Predictors: (Constant), Trust in Brand, Customer Value, Customer Satisfaction

Coefficientsa

Model Unstandardized Coefficients Standardized

Coefficients

t Sig.

B Std. Error Beta

1

(Constant) 8.158 1.736 4.700 .000

Customer Value .284 .066 .440 4.324 .000

Customer Satisfaction .232 .046 .588 5.048 .000

Trust in Brand -.108 .038 -.216 -2.805 .007

a. Dependent Variable: Customer Loyalty

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The Result of T test

Coefficientsa

Model Unstandardized Coefficients Standardized

Coefficients

t Sig.

B Std. Error Beta

1

(Constant) 8.158 1.736 4.700 .000

Customer Value .284 .066 .440 4.324 .000

Customer Satisfaction .232 .046 .588 5.048 .000

Trust in Brand -.108 .038 -.216 -2.805 .007

a. Dependent Variable: Customer Loyalty

The Result of F test

ANOVAa

Model Sum of Squares df Mean Square F Sig.

1

Regression 1212.214 3 404.071 67.945 .000b

Residual 333.036 56 5.947

Total 1545.250 59

a. Dependent Variable: Customer Loyalty

b. Predictors: (Constant), Trust in Brand, Customer Value, Customer Satisfaction