Efforts to Increase Customer Loyalty Forex Trading Judging from the Elements of Trust and Relationships Emotional

Mhd Ismail Magfur, Nasib Nasib, Debora Tambunan, Ester Hervina Sihombing, Widy Hastuty HS

Abstract


This study aims to determine the effect of trust and emotional relationships partially and simultaneously on customer loyalty in forex trading at the European Rexchanger Trading Company Graha Medan. The research approach used is quantitative research. The population in this study consisted of all customers of the European Rexchanger company Graha Medan Branch, amounting to 2700 people. The sampling technique used was accidental sampling where 96 regular customers at Rexchanger Europe Graha Medan Branch. Questionnaires were selected in this study as a data collection technique. The results of this study partially positive effect on customer trust and emotional relationships partially positive effect on customer trust. Simultaneous test results (Test f) trust and emotional relationships have a positive and significant effect on customer loyalty in Forex trading. The result of the determination test is that 72.7% of the variation in the dependent variable, namely Trust and Emotional Relationships, has a contribution to customer loyalty in Forex trading. While the remaining 28.3% is influenced by other variables outside the variables studied.


Keywords


This study aims to determine the effect of trust and emotional relationships partially and simultaneously on customer loyalty in forex trading at the European Rexchanger Trading Company Graha Medan. The research approach used is quantitative research. The

Full Text:

PDF PDF

References


Decision and Its Impact to Customer Satisfaction. International Journal of Business and Economics Research, 9(4), 269269. https://doi.org/10.11648/j.ijber.20200904.23

Allan, T. N. H. N. N. A. M. (2020). Influence of Emotional Marketing on Brand Loyalty Among Females in the Field of Cosmetics: Mediating Role of Customer Satisfaction. International Journal of Management (IJM, 11(9), 12451260. https://doi.org/10.34218/IJM.11.9.2020.120

Antiwi, S. K. S. S. F. E. A. R. B. A. O. (2019). Brand Trust and Brand Loyalty: A Moderation and Mediation Perspective. Current Journal of Applied Science and Technology, 38(4), 117. https://doi.org/10.9734/cjast/2019/v38i430376

Casielles, S. C.-M. R. V. azquez. (2021). Building Consumer Loyalty Through E-Shopping Experiences: The Mediating Role Of Emotions. Journal of Retailing and Consumer Services, 60(October 2020), 110. https://doi.org/10.1016/j.jretconser.2021.102481

Fadly, A. T. S. W. (2021). Pengaruh Komunikasi Pemasaran, Kepercayaan dan Penanganan Keluhan Terhadap Loyalitas Nasabah Tabungan di PT BPR Syariah Mitra Mentari Sejahtera Ponorogo. Etihad: Journal of Islamic , 1(1), 5165. Retrieved from http://jurnal.iainponorogo.ac.id/index.php/etihad/article/view/2857

Gunawan, E. (2020). the Influence of Emotional Branding Towards Brand Loyalty on Hijab Fashion Retailer in Manado. Jurnal EMBA: Jurnal Riset Ekonomi, Manajemen, Bisnis Dan Akuntansi, 8(4), 300309. https://doi.org/10.35794/emba.v8i4.30768

Hardati, N. H. S. S. R. N. (2020). Pengaruh Nilai Pelanggan, Kualitas Pelayanan Dan Kedekatan Emosional Terhadap Loyalitas Nasabah (Studi Kasus Pada Nasabah BRI Kantor Kas Unisma). Jiagabi, 9(2), 330337.

HS, N. H. L. P. R. K. Z. R. D. W. H. (2021). Increasing Brand Trust through Marketing Communication and Its Impact on School principals Loyalty. Budapest International Research and Critics Institute (BIRCI-Journal): Humanities and Social Sciences, 4(2), 22082216. https://doi.org/10.33258/birci.v4i2.1913

Lismawati. (2020). Pengaruh Emotional Branding, Experiental Marketing Dan Kepercayaan Terhadap Loyalitas Pelanggan (Studi Pada PT. Alfa Scorpii Binjai). Universitas Pembangunan Panca Budi.

Lubis, I. L. S. C. N. Z. F. Z. R. D. D. S. (2020). The Role of Switching Barrier to Become Intervening Variables between Brand Image and Trust on User Loyalty Halal Labeled Cosmetics. International Journal of Advanced Science and Technology, 29(3), 1335213359.

Nasib, M. (2021). The Effort to Increase Loyalty through Brand Image, Brand Trust, and Satisfaction as Intervening Variables. Society, 9(1), 277288. https://doi.org/10.33019/society.v9i1.303

Nasib, S. Z. R. D. A. H. (2021). Meningkatkan Keputusan Pembelian Melalui Kualitas Produk, Promosi dan Kepercayaan pada PT. Weedo Niaga Global. Ekuivalensi, 7(1), 4857.

Naveed, W. A. S. A. H. (2017). Impact of Brand Image , Brand Trust and Advertisement on Consumer Loyalty & Consumer Buying Behavior. European Academic Research, IV(10), 84968518.

Nurazizah, D. F. F. D. F. (2021). Pengaruh Emotional Marketing Terhadap Loyalitas Nasabah Tabungan Di PT. Bank BJB Syariah. Jurnal Fakultas Ilmu Keislaman, 2(1), 1015.

Ruslim, M. T. T. S. (2021). Pengaruh Komunikasi Dan Citra Merek Terhadap Loyalitas Merek Dengan Kepercayaan Sebagai Mediasi. Jurnal Manajerial Dan Kewirausahaan, III(1), 236244.

Septiarini, R. T. R. S. G. J. bin A. T. S. H. T. W. D. F. (2020). The Moderating Effects of Gender between Patient Intimacy, Trust, and Loyalty. International Journal of Innovation, Creativity and Change, 12(10), 116.

Shahin, S. S. M. O. (2020). Service Quality Perspectives in Telecommunication Sector: Trust and Loyalty Investigation. Revista Amazonia Investiga, 9(28), 394403. https://doi.org/10.34069/ai/2020.28.04.44

Srivastava, M. (2015). Influencers of Customer Satisfaction - Customer Loyalty Relationship: A Conceptual Research Model. IMJ, 7(1), 5465.

Syaifullah, N. D. T. (2021). Perilaku Konsumen (Studi Dalam Pemilihan Perguruan TinggI. Yogyakarta: Nuta Media.

Wahab, A. (2021). Pengaruh Kepemimpinan Dan Kecerdasan Emosional Terhadap Loyalitas Pegawai Pada Sekretariat Dewan Perwakilan Rakyat Daerah (DPRD) Kabupaten Donggala. Jurnal Ekonomi Trend, 8(1), 113. https://doi.org/10.31970/trend.v8i1.181

Wasiman, N. S. A. M. Z. F. (2021). Do Purchase or Do no Purchase ? Customer Purchasing Decisions By Using OVO Application. In Proceedings of the 2nd Annual Conference on Blended Learning, Educational Technology and Innovation (ACBLETI 2020) Do (Vol. 560, pp. 386389).

Widhiastuti, M. Y. R. H. (2021). Kualitas Pelayanan, Faktor Emosional dan Persepsi Harga Terhadap Loyalitas Konsumen melalui Kepuasan Konsumen. PHILANTHROPY: Journal of Psychology, 5(1), 109130. https://doi.org/10.26623/philanthropy.v5i1.3303

Woosnam, A. D. A. T. A. U. D. S. K. M. (2021). Place-Oriented or People-Oriented Concepts for Destination Loyalty: Destination Image and Place Attachment versus Perceived Distances and Emotional Solidarity. Journal of Travel Research, 124. https://doi.org/10.1177/0047287520982377




DOI: https://doi.org/10.30596/ijbe.v3i2.9370

Refbacks

  • There are currently no refbacks.


International Journal of Business Economics (IJBE)is abstracting & indexing in the following databases:


      

 

View My Stats IJBE