Mapping Brand Equity and Service Quality Perceptions A Comparative Study of National Private Banks in Indonesia

Main Authors: Heriana, Ferra, Sibarani, Mentiana, Silitonga, Roland Y.H., Heryanto, Dhany
Format: Article info application/pdf Journal
Bahasa: eng
Terbitan: The Indonesian Institute of Science and Technology Research , 2023
Subjects:
Online Access: https://journal.iistr.org/index.php/JMSD/article/view/356
https://journal.iistr.org/index.php/JMSD/article/view/356/294
ctrlnum article-356
fullrecord <?xml version="1.0"?> <dc schemaLocation="http://www.openarchives.org/OAI/2.0/oai_dc/ http://www.openarchives.org/OAI/2.0/oai_dc.xsd"><title lang="en-US">Mapping Brand Equity and Service Quality Perceptions : A Comparative Study of National Private Banks in Indonesia</title><creator>Heriana, Ferra</creator><creator>Sibarani, Mentiana</creator><creator>Silitonga, Roland Y.H.</creator><creator>Heryanto, Dhany</creator><subject lang="en-US">Brand awareness</subject><subject lang="en-US">Brand equity</subject><subject lang="en-US">Brand loyalty</subject><subject lang="en-US">Customer perception</subject><subject lang="en-US">Multidimensional scaling</subject><subject lang="en-US">Service quality</subject><description lang="en-US">This study aims to create a map of brand equity and service quality perceptions of Bank C relative to four other banks in Indonesia, namely Bank KBMI Category 3. Customer perception maps were constructed by asking customers to provide overall similarity ratings for Brand Equity and Service Quality pairs on a metric scale. The study included Bank A, Bank B, Bank C, Bank D, and Bank E customers in Indonesia. One hundred eight respondents were sampled using the Exploratory Factor Analysis (EFA) method, which groups many variables into several factors with similar characteristics. Additionally, the Multidimensional Scaling (MDS) method was used, a data analysis technique used to explore the data structure based on similarities or dissimilarities. Based on the analysis results, it was found that according to the perceptions of Bank C customers, the bank scored low in the Reliability factor. At the same time, Bank B had the lowest scores in Brand Loyalty and Brand Awareness factors. This indicates that the strengths of both banks lie in these factors. Subsequently, Bank A, Bank E, and Bank D followed in sequential order.</description><publisher lang="en-US">The Indonesian Institute of Science and Technology Research</publisher><date>2023-08-17</date><type>Journal:Article</type><type>Other:info:eu-repo/semantics/publishedVersion</type><type>Journal:Article</type><type>File:application/pdf</type><identifier>https://journal.iistr.org/index.php/JMSD/article/view/356</identifier><identifier>10.56741/jmsd.v2i03.356</identifier><source lang="en-US">Journal of Management Studies and Development; Vol. 2 No. 03 (2023): Journal of Management Studies and Development; 211-225</source><source>2962-5467</source><source>2962-5955</source><language>eng</language><relation>https://journal.iistr.org/index.php/JMSD/article/view/356/294</relation><rights lang="en-US">Copyright (c) 2023 Ferra Heriana, Mentiana Sibarani, Roland Y.H. Silitonga, Dhany Heryanto</rights><rights lang="en-US">https://creativecommons.org/licenses/by-sa/4.0</rights><recordID>article-356</recordID></dc>
language eng
format Journal:Article
Journal
Other:info:eu-repo/semantics/publishedVersion
Other
File:application/pdf
File
Journal:Journal
author Heriana, Ferra
Sibarani, Mentiana
Silitonga, Roland Y.H.
Heryanto, Dhany
title Mapping Brand Equity and Service Quality Perceptions : A Comparative Study of National Private Banks in Indonesia
title_sub A Comparative Study of National Private Banks in Indonesia
publisher The Indonesian Institute of Science and Technology Research
publishDate 2023
topic Brand awareness
Brand equity
Brand loyalty
Customer perception
Multidimensional scaling
Service quality
url https://journal.iistr.org/index.php/JMSD/article/view/356
https://journal.iistr.org/index.php/JMSD/article/view/356/294
contents This study aims to create a map of brand equity and service quality perceptions of Bank C relative to four other banks in Indonesia, namely Bank KBMI Category 3. Customer perception maps were constructed by asking customers to provide overall similarity ratings for Brand Equity and Service Quality pairs on a metric scale. The study included Bank A, Bank B, Bank C, Bank D, and Bank E customers in Indonesia. One hundred eight respondents were sampled using the Exploratory Factor Analysis (EFA) method, which groups many variables into several factors with similar characteristics. Additionally, the Multidimensional Scaling (MDS) method was used, a data analysis technique used to explore the data structure based on similarities or dissimilarities. Based on the analysis results, it was found that according to the perceptions of Bank C customers, the bank scored low in the Reliability factor. At the same time, Bank B had the lowest scores in Brand Loyalty and Brand Awareness factors. This indicates that the strengths of both banks lie in these factors. Subsequently, Bank A, Bank E, and Bank D followed in sequential order.
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library_id 7954
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subject_area Management Studies
Accounting
Business
Organization Theory
city KOTA YOGYAKARTA
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