Integrated Marketing and Customers’ Decision Saving Funds in Islamic Banks

Indonesia has a good market potential for Islamic banking business development. However, the market share of Islamic banks is still far behind the conventional ones. Over 5 years, Islamic marketing mix has been integrated with the contemporary marketing mix. This article prudently examines the decis...

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Bibliographic Details
Main Authors: Wenda Wahyu Christiyanto, Mardi Astutik
Format: Article
Language:English
Published: IAIN Surakarta 2019-01-01
Series:Shirkah Journal of Economics and Business
Online Access:http://shirkah.or.id/new-ojs/index.php/home/article/view/216
Description
Summary:Indonesia has a good market potential for Islamic banking business development. However, the market share of Islamic banks is still far behind the conventional ones. Over 5 years, Islamic marketing mix has been integrated with the contemporary marketing mix. This article prudently examines the decision of society to invest their funds in Islamic banks dealing with the integrated marketing mix. Questionnaires had been distributed to 150 respondents of Islamic banks customers. Using analysis of Structural Equation Modeling based on variance (SEM-PLS), this article shows that the integrated marketing mix has taken an influence on customer purchasing decisions, consisting of pragmatism and product, pertinence and promotion, persistence and process.   Keywords: SEM-PLS, Islamic banking, integrated marketing
ISSN:2503-4235
2503-4243