The Influence of Social Media Marketing Strategy on Purchase Intention with the Mediating Variables of Brand Image and Brand Awareness on Types of Travel Insurance Products in Indonesia

Authors

  • Desima Fitriani Purba Perbanas Institute, Karet Kuningan, Jakarta Selatan
  • Adi Susilo Jahja Perbanas Institute, Karet Kuningan, Jakarta Selatan

DOI:

https://doi.org/10.55927/fjsr.v3i5.9317

Keywords:

Social Media Marketing, Brand Image, Brand Awareness, Purchase Intent

Abstract

This research aims to examine the influence of Social Media Marketing on Purchase Intention using the mediating variables Brand Image and Brand Awareness on travel insurance products in Indonesia. It is hoped that through this research we can find out how far the impact of social media marketing is on increasing purchasing decisions for travel insurance products. The sampling method used was purposive sampling involving 240 respondents which was carried out using the questionnaire method. Quantitative analysis includes outer model analysis, inner model analysis and hypothesis testing. The research results show that: (1) Social Media Marketing has a positive and significant influence on Purchase Intention; (2) Social Media Marketing has a positive and significant influence on Brand Image; (3) Social Media Marketing has a positive and significant influence on Brand Awareness; (4) Brand Image has a positive and significant influence on Purchase Intention; (5) Brand Awareness has a positive and significant influence on Purchase Intention; (6) Brand Image mediates the relationship between Social Media Marketing and Purchase Intention; (7) Brand Awareness mediates the relationship between Social Media Marketing and Purchase Intention

Downloads

Download data is not yet available.

References

Ahmed, R. R., Zaidi, E. Z., Alam, S. H., Streimikiene, D., & Parmar, V. (2023). Effect of social media marketing of luxury brands on brand equity, customer equity and customer purchase intention. Amfiteatru Economic, 25(62), 265–282. https://doi.org/10.24818/EA/2023/62/265

Aichner, T., Grünfelder, M., Maurer, O., & Jegeni, D. (2021). Twenty-five years of social media: a review of social media applications and definitions from 1994 to 2019. Cyberpsychology, Behavior, and Social Networking, 24(4), 215–222. https://doi.org/10.1089/cyber.2020.0134

Alfeel Esraa, A. Z. A. (2019). The impact of social media marketing on consumer purchase intention: Consumer survey in Saudi Arabia. Journal of Marketing and Consumer Research. https://doi.org/10.7176/jmcr/56-03

Anggraheni, A. F., & Haryanto, B. (2023). The effect of social media marketing on brand equity with brand experience as mediation: Study on Uniqlo product users. European Journal of Business and Management Research, 8(3), 101–103. https://doi.org/10.24018/ejbmr.2023.8.3.1934

Aziz, Imtiaz, Ahmad, Ahliyya, Sufyan, & Anwar. (2021). Impact of face book on advertising: analysis of effectiveness of face book on enhancing customer purchase intention. 20(5), 7130–7149. https://doi.org/10.17051/ilkonline.2021.05.806

Canals Clàudia. (2019, September 16). The emergence of the middle class: an emerging-country phenomenon. Caixa Bank Research, 1–8.

Febriyantoro, M. T. (2020). Exploring youtube marketing communication: brand awareness, brand image and purchase intention in the millennial generation. Cogent Business and Management, 7(1). https://doi.org/10.1080/23311975.2020.1787733

Ghozali Imam. (2018). Aplikasi Analisis Multivariate dengan Program IBM SPSS 25 (9th ed., Vol. 9). Badan Penerbit Universita Diponogoro. https://openlibrary.telkomuniversity.ac.id/pustaka/148190/aplikasi-analisis-multivariate-dengan-program-ibm-spss-25.html

Hair, & et al. (2022). Partial Least Squares Structural Equation Modeling (PLS-SEM) Using R. https://doi.org/https://doi.org/10.1007/978-3-030-80519-7

Irdasyah, Risqiani, & Margaretha. (2022). The influence of social media marketing activities, brand awareness, brand image, against purchase intention. Jurnal Economic Resources, 5(2), 402–416.

Irpansyah, M. A., Chan, A., & Tresna, P. W. (2023). The role of brand on educational institution. Jurnal Samudra Ekonomi Dan Bisnis, 14(2), 355–366. https://doi.org/10.33059/jseb.v14i2.5405

Jiang, Y. (2023). The research on the current situation and trends of social media marketing. 348–355. https://doi.org/10.2991/978-2-38476-062-6_44

Kelvin, & Firdausy. (2022). Pengaruh brand image, brand trust, dan price perception terhadap purchase intention pelanggan uniqlo di Jakarta. Jurnal Manajerial Dan Kewirausahaan, 4(1), 142–149. https://doi.org/https://doi.org/10.24912/jmk.v4i1.17179

Kotler, & Armstrong. (2018). Principles of Marketing (Yagan Sally, Ed.; 14th ed., Vol. 17). Pearson Education. https://drive.google.com/file/d/1Uc0itDzVIsqlf4ggHZ8QncK3-bZ5vZ_G/view?usp=sharing

Kotler, Armstrong, & Balasubramanian. (2024). Principles of Marketing (19th ed., Vol. 19). Pearson .

Lin, B., Chen, Y., & Zhang, L. (2022). Research on the factors influencing the repurchase intention on short video platforms: A case of China. PLoS ONE, 17(3 March). https://doi.org/10.1371/journal.pone.0265090

Makrides, A., Vrontis, D., & Christofi, M. (2020). The gold rush of digital marketing: assessing prospects of building brand awareness overseas. Business Perspectives and Research, 8(1), 4–20. https://doi.org/10.1177/2278533719860016

Moslehpour, M., Ismail, T., Purba, B., & Wong, W. K. (2022). What makes go-jek go in Indonesia? The influences of social media marketing activities on purchase intention. Journal of Theoretical and Applied Electronic Commerce Research, 17(1), 89–103. https://doi.org/10.3390/jtaer17010005

Osakwe, C. N., Palamidovska-Sterjadovska, N., Mihajlov, M., & Ciunova-Shuleska, A. (2020). Brand orientation, brand-building behavior and brand identity in SMEs: an empirical evaluation. Marketing Intelligence and Planning, 38(7), 813–828. https://doi.org/10.1108/MIP-07-2019-0370

Pratomo, D. S., Syafitri, W., & Anindya, C. S. (2020). Expanding middle class in Indonesia. The Journal of Indonesia Sustainable Development Planning, 1(3), 307–312. https://doi.org/10.46456/jisdep.v1i3.103

Priatni, & Supeni. (2020). Pengaruh social media marketing terhadap purchase intention dengan brand awareness sebagai variable intervening pada martha tilaar salon day spa. Jurnal Ekonomi, Manajemen Dan Perbankan, 145–155. https://doi.org/https://doi.org/10.35384/jemp.v5i3.165

Pucci, T., Casprini, E., Nosi, C., & Zanni, L. (2019). Does social media usage affect online purchasing intention for wine? The moderating role of subjective and objective knowledge. British Food Journal, 121(2), 275–288. https://doi.org/10.1108/BFJ-06-2018-0400

Rahardyan Aziz. (2022, May 3). Riset Ancileo: Asuransi Perjalanan Agen Travel Mulai Diminati Masyarakat. Bisnis Indonesia, 1–5. https://finansial.bisnis.com/read/20220503/215/1529688/riset-ancileo-asuransi-perjalanan-agen-travel-mulai-diminati-masyarakat

Ramadhani. (2023). Brand trust capacity in mediating social media marketing activities and purchase intention: a case of a local brand that go-global during pandemic. Indonesian Journal of Business and Entrepreneurship. https://doi.org/10.17358/ijbe.9.1.81

Rivai, & Zulfitri. (2021). The role of purchasing decisions mediating product quality, price perception, and brand image on customer satisfaction of kopi janji jiwa. Journal of Business and Management Studies (JBMS), 3(2), 31–42. https://doi.org/10.32996/jbms

Riyadini, & Krisnawati. (2022). Content marketing, brand awareness, and online customer review on housewives’ purchase intention on shopee. Interdisciplinary Social Studies, 733–741. https://iss.internationaljournallabs.com/index.php/iss

Roser, M. (2021). What is economic growth? and why is it so important? https://ourworldindata.org/economic-growth

Sanny, L., Arina, A. N., Maulidya, R. T., & Pertiwi, R. P. (2020). Purchase intention on Indonesia male’s skin care by social media marketing effect towards brand image and brand trust. Management Science Letters, 2139–2146. https://doi.org/10.5267/j.msl.2020.3.023

Saputro, & Setyaningrum. (2023). The impact of brand on purchasing decisions. International Journal of Management Science and Information Technology (IJMSIT), 3(1), 30–38. https://doi.org/10.35870/ijmsit.v3i1.879

Sekaran, U., & Bougie, R. (2020). Research Methods For Business A Skill Building Approach (8th ed.). John Wiley & Sons. https://www.perlego.com/book/1485150/research-methods-for-business-a-skill-building-approach-pdf

Sugiyono. (2019). Metode Penelitian Pendekatan Kuantitatif. Alfabeta. https://elibrary.stikesghsby.ac.id/index.php?p=show_detail&id=1879&keywords=

Sunaryo. (2022). Social media marketing on purchase intention through mediated variables of perceived value and perceived risk. Interdisciplinary Social Studies, 1(9), 1183–1195. https://doi.org/https://doi.org/10.55324/iss.v1i9.228

Supiyandi, A., Hastjarjo, S., & Slamet, Y. (2022). Influence of brand awareness, brand association, perceived quality, and brand loyalty of shopee on consumers’ purchasing decisions. CommIT Journal, 16(1), 9–18.

Syifa Mujahidah, A., Henriette Pattyranie Tan, P., Kunci, K., Negara Asal, C., Merek, C., Merek, E., & Membeli, N. (2021). The influence of country-of-origin image, brand image, and brand evaluation on purchase intention towards nike brand in JABODETABEK. Jurnal Ilmiah Manajemen Bisnis Dan Inovasi Universitas Sam Ratulangi, 8(1), 229–241.

Umair Manzoor, Sajjad Ahmad Baig, Muhammad Hashim, & Abdul Sami. (2020). Impact of Social Media Marketing on Consumer’s Purchase Intentions: The Mediating role of Customer Trust. International Journal of Entrepreneurial Research, 3(2), 41–48. https://doi.org/10.31580/ijer.v3i2.1386

Utama, & Ambarwati. (2022). The effect of brand awareness, brand image and trust on consumer buying interest. Journal of Research and Community Service, 3(13), 2310–2330. https://doi.org/https://doi.org/10.36418/dev.v3i13.278

Vidyanata. (2022). Understanding the effect of social media marketing on purchase intention : a value-based adoption model. Jurnal Dinamika Manajemen, 13(2), 305–321. https://doi.org/https://doi.org/10.15294/jdm.v13i2.37878

Wibowo, A., Chen, S. C., Wiangin, U., Ma, Y., & Ruangkanjanases, A. (2021a). Customer behavior as an outcome of social media marketing: The role of social media marketing activity and customer experience. Sustainability (Switzerland), 13(1), 1–18. https://doi.org/10.3390/su13010189

Wibowo, Chen, Wiangin, Ma, & Ruangkanjanases. (2021b). Customer behavior as an outcome of social media marketing: The role of social media marketing activity and customer experience. Sustainability (Switzerland), 13(1), 1–18. https://doi.org/10.3390/su13010189

Zhuang, W., Luo, X., & Riaz, M. U. (2021). On the factors influencing green purchase intention: a meta-analysis approach. Frontiers in Psychology, 12. https://doi.org/10.3389/fpsyg.2021.644020

Downloads

Published

2024-05-31

How to Cite

Purba, D. F. ., & Jahja, A. S. . (2024). The Influence of Social Media Marketing Strategy on Purchase Intention with the Mediating Variables of Brand Image and Brand Awareness on Types of Travel Insurance Products in Indonesia. Formosa Journal of Sustainable Research, 3(5), 1097–1124. https://doi.org/10.55927/fjsr.v3i5.9317

Issue

Section

Articles