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FACTORS INFLUENCING PERCEIVED VALUE AND ITS IMPACT ON LOYALTY MEDIATED BY SATISFACTION TOWARDS CONVERSE STORE AT SUMMARECON MALL BEKASI By Ellena Septiani Jayanthi 015201400027 A Skripsi presented to the Faculty of Business President University In partial fulfillment of the requirements for Bachelor Degree in Business Administration February 2018

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FACTORS INFLUENCING PERCEIVED VALUE AND

ITS IMPACT ON LOYALTY MEDIATED BY

SATISFACTION TOWARDS CONVERSE STORE AT

SUMMARECON MALL BEKASI

By

Ellena Septiani Jayanthi

015201400027

A Skripsi presented to the

Faculty of Business President University

In partial fulfillment of the requirements for

Bachelor Degree in Business Administration

February 2018

ii

PLAGIARISM

CONSENT FOR INTELECTUAL PROPERTY RIGHT

Tittle of

Skripsi :

Factors Influencing Perceived Value and Its Impact on Loyalty

Mediated by Satisfaction

1. The Author hereby assigns to President University the copyright to the

Contribution named above whereby the University shall have the exclusive

right to publish the Contribution and translations of it wholly or in part

throughout the world during the full term of copyright including renewals

and extensions and all subsidiary rights.

2. The Author retains the right to re-publish the preprint version of the

Contribution without charge and subject only to notifying the University

of the intent to do so and to ensuring that the publication by the University

is properly credited and that the relevant copyright notice is repeated

verbatim.

3. The Author retains moral and all proprietary rights other than copyright,

such as patent and trademark rights to any process or procedure described

in the Contribution.

4. The Author guarantees that the Contribution is original, has not been

published previously, is not under consideration for publication elsewhere

and that any necessary permission to quote or reproduce illustrations from

another source has been obtained (a copy of any such permission should

be sent with this form).

5. The Author guarantees that the Contribution contains no violation of any

existing copyright or other third-party right or material of an obscene,

indecent, libellous or otherwise unlawful nature and will indemnify the

University against all claims arising from any breach of this warranty.

6. The Author declares that any named person as co-author of the

Contribution is aware of this agreement and has also agreed to the above

warranties.

Name : Ellena Septiani Jayanthi

Date : January 10th

, 2018

Signature :

ACKNOWLEDGEMENT

The very first gratefulness is delivered to The Almighty, Allah SWT, The

Greatest Creator and The Best Motivator to His everlasting and mercy keeping me

tough during my study. It‟s His endless and continuous kindness that make me

possible to complete my skripsi in order to fulfill the requirement of bachelor‟s

degree in Business Administration at President University.

I am very thankful to my advisor, Mr. Suresh Kumar. It is a fortune and

bless for me having such a great advisor like him. He has been very professional

supervising me to accomplish my skripsi writing. He is also very cooperative

conveying his clear and sensible ideas for the sake and the goodness of my

skripsi. I can do nothing to repay all his kindness, but I hope that God will always

bless him along his life.

My appreciation also goes to all lecturers in President University who

have teached me in this past three years. Especially lecturers in Business

Administration major, Mr. Suresh Kumar as my advisor, Mrs. Anggraeni

Permatasari, Mr. Aloysius Bambang Memet Witono, Mrs. Kunthi Afrilinda

Kusumawardani, Mr. Adhi Setyo Santoso, Mr. Andreas Yumarma, Mrs. Farida

Komalasari, and others lecurers that I can not mention one by one.

My endless love is dedicated to my beloved family, my parents, my

brother, and my sisters who always beside me to support and encourage me in

every situation. Their love gives me a strength to pass this study on time. Without

them, I am not sure I can do this far.

Last but not least, thanks of mine go to my special person, Mukti Faddili

who support me unconditionally, my friends since senior high school “Ciwi-ciwi”

(Nutria, Maharani, Helen, Titania Goi) who always give a support and advise for

my study, my friends in university “Mecin Squad” (Intan, Jeanice, Novita,

Amanda, Debora) who accompany me in this past three years, struggling together,

and help each other, special thanks to Jeanice and Monica who guide and give

some ideas for my skripsi, also my beloved friends Riri and Azizah which I

regarded as my own sister. They support me in every way and give me a confident

to finish this study. Thank you guys, you all mean so much to me.

Cikarang, Indonesia, February 2018

Ellena Septiani Jayanthi

i

TABLE OF CONTENTS

TABLE OF CONTENTS ......................................................................................... i

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

CHAPTER I ............................................................................................................ 1

INTRODUCTION .................................................................................................. 1

1.1 Background .............................................................................................. 1

1.2 Significance of Study ............................................................................... 4

1.3 Limitation ................................................................................................. 4

1.4 Organization of Skripsi ............................................................................ 5

CHAPTER II ........................................................................................................... 6

LITERATURE REVIEW........................................................................................ 6

2.1 Brand Image ............................................................................................. 6

2.1.1 Definition of Brand Image ................................................................ 6

2.1.2 Construct Measurement of Brand Image .......................................... 7

2.2 Price .......................................................................................................... 7

2.2.1 Definition of Price ............................................................................. 7

2.2.2 Construct Measurement of Price ....................................................... 7

2.3 Retail Service Quality .............................................................................. 8

2.3.1 Definition of Retail Service Quality ................................................. 8

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2.3.2 Construct Measurement of Retail Service Quality............................ 9

2.4 Perceived Value ...................................................................................... 10

2.4.1 Definition of Perceived Value ......................................................... 10

2.4.2 Construct Measurement of Perceived Value ................................... 11

2.5 Customer Satisfaction ............................................................................. 11

2.5.1 Definition of Customer Satisfaction ............................................... 11

2.5.2 Construct Measurement of Customer Satisfaction .......................... 12

2.6 Customer Loyalty ................................................................................... 12

2.6.1 Definition of Customer Loyalty ...................................................... 12

2.6.2 Construct Measurement of Customer Loyalty ................................ 13

2.7 Relationships Among Variables ............................................................. 13

2.7.1 Relationship between Brand Image and Perceived Value .............. 13

2.7.2 Relationship between Price and Perceived Value ........................... 14

2.7.3 Relationship between Retail Service Quality and Perceived Value 15

2.7.4 Relationship among Perceived Value, Customer Satisfaction and

Customer Loyalty ............................................................................ 16

2.8 Research Gap .......................................................................................... 17

CHAPTER III ....................................................................................................... 19

METHODS ........................................................................................................... 19

3.1 Theoretical Framework .......................................................................... 19

3.2 Hypothesis .............................................................................................. 19

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3.3 Operational definition of Variables ........................................................ 20

3.4 Instrument ............................................................................................... 20

3.5 Sampling Design .................................................................................... 20

3.6 Data Gathering ....................................................................................... 20

3.7 Data Analysis ......................................................................................... 21

CHAPTER IV ....................................................................................................... 22

RESULT AND DISCUSSION ............................................................................. 22

4.1 Validity and Reliability Test .................................................................. 22

4.2 Respondent Profile ................................................................................. 23

4.3 Descriptive Analysis ............................................................................... 24

4.3.1 Brand Image .................................................................................... 24

4.3.2 Price................................................................................................. 25

4.3.3 Retail Service Quality ..................................................................... 26

4.3.4 Perceived Value .............................................................................. 30

4.3.5 Customer Satisfaction ..................................................................... 31

4.3.6 Customer Loyalty ............................................................................ 32

4.4 Inferential Analysis ................................................................................ 33

4.5 Discussion .............................................................................................. 36

CHAPTER V ......................................................................................................... 37

CONCLUSION ..................................................................................................... 37

5.1 Hypothesis Answer ................................................................................. 37

iv

5.2 Further Recommendations ..................................................................... 37

REFERENCES ...................................................................................................... 39

APPENDIX ........................................................................................................... 46

TABLES AND FIGURES .................................................................................. 104

v

ABSTRACT

Purpose

The purpose of this research is to find out what factors that influence perceived

value and it‟s impact on loyalty which mediated by satisfaction towards shoes

store in specific mall. Several factors tested are image, price, and retail service

quality.

Design/Methodology/Approach

Questionnaire is one of the tool to complete this research. The questionnaires

were distributed through online with 54 statements. 261 questionnaires were

spreaded towards customer who have visit Converse store at Summarecon Mall

Bekasi. This research was using convenience sampling technique and a total of

226 questionnaires are usable to analyze. Furthermore, factor analysis was used to

test the validity of variable and Cronbach‟s Alpha to test the reliability. At the

last, Structural Equation Model (SEM) was used as a tool to test the fitness of

theoretical framework and find out the result of hypothesis.

Findings

This study found that retail service quality has significant influence on perceived

value, perceived value has significant influence on customer satisfaction,

perceived value has significant influence on customer loyalty, and customer

satisfaction has significant influence on customer loyalty. However, brand image

has no significant influence on perceived value and price has no significant

vi

influence on perceived value. These two hypotesis were rejected since the p value

is not meet the requirement.

Originality/Value

The author guarantee that this research with the tittle of factors influencing

perceived value and it‟s impact on loyalty mediated by satisfaction towards

Converse store at Summarecon Mall Bekasi has not been done before.

Keywords : Perceived Value, Loyalty, Satisfaction, Image, Price, Retail Service

Quality.

1

CHAPTER I

INTRODUCTION

This chapter discussing about phenomenon and problem of the research,

from its problem the author found some research questions and the objective of

the research. This chapter also explain the significant of study, limitation, and

organization of skripsi.

1.1 Background

Fashion style is always changes. The changes are happening more rapidly

than other aspects such as language, thinking and others. Fashion may vary in one

community group depending on age, social class, generation, occupation and

geographical position also depends on time. And in the 2000s, today, fashion

trends are more tolerant to personal taste. Everyone is free to choose its own

fashion genre. There are various styles of choices such as Harajuku style,

Bohemian, Gothic, Masculine, Casual, Feminine, and others (Andianty, 2015).

Figure 1.1 Global Fashion Sales Growth Rates (%)

Compared to others style which mention above, casual style always fits in

with daily activities. One of the icons that can make someone look casual is the

use of sneakers. By using it, someone can still look stylish and comfortable at

once. According to the high number of sneaker fans, figure 1.1 shows that the

growth rate of global footwear sales has increased from the previous year. In

2

2015-2016 the percentage of sales is 1-1.5%, in the year 2016-2017 become 1.5-

2.5% (Future Fashion, 2017). It indicates that footwear contributes significantly to

the global fashion. If talking about footwear especially sneakers, this industry has

a lot of brands that are very popular and loved by many people such as Nike,

Adidas, Vans, Converse, Puma, and others (Elena, 2018). Furthermore, Indonesia

also has some popular footwear brand such as Piero, Eiger, Tomkins, League,

Precise, and others (DH, 2016).

Converse is the oldest brand than others. Converse is an American shoe

company that has been established since 1908 and founded by Marquis Mills

Converse. The headquarter is located in Boston, Massachusetts, United States. In

2003, it was purchased for $309 million (USD) as a subsidiary of Nike, Inc.

Through 75 company owned-retail stores in the United States, Converse can sell

its products in more than 160 countries (Converse Story, n.d.). Converse provides

an official website at www.converse.com, the website can help if someone needs

more information about a specific product/ want to shop through online

(Converse, n.d.).

Figure 1.2 Revenue of Converse Worldwide from 2010 to 2017

Based on trendrr‟s website, in this year Converse placed the 10th rank of the

best shoes brand in the world, the top five brand hold by New Balance, Nike, and

Under Armour, Adidas, and Puma (Elena, 2018). While in Indonesia, Converse

ranked 5th in the category of casual shoes brand with a percentage of 6.3%. The

3

1st rank of casual shoe brands in Indonesia is Bata by 19.3%, followed by Nike at

12.2%, and Adidas 11.2% (Top Brand Award, 2017). In 2016 Converse global

revenues was decreased than the previous year from 1.98 billion USD to 1.95

billion USD. However, by 2017 Converse has managed to raise revenues by 2,04

billion USD as describe in the figure 1.2.

By reviewing the data above, it shows that Converse has many competitors

both in Indonesia or in the world. For global scope, their competitors are Nike,

New Balance, Adidas, Under Armour, and Puma. While, in Indonesia the

competitors are Bata, Nike, and Adidas. If both scopes are summarized, then Nike

and Adidas are the most powerful competitors for Converse. Because both of

them became Converse rivals in Indonesia and globally.

Consumers are more likely to purchase the products of a well-known brand

with a positive image, because a brand with a good image will enhance consumer

perceived value (Soltani, Esfidani, Jandaghi, & Soltaninejad, 2016). Likewise,

previous research highlights product price as one key driver that influences the

perceived value (Calvo-Porral & Lévy-Mangin, 2017). Gumussoy & Koseoglu

(2016) confirmed the significant effect of service quality on perceived value, they

also reveal that company should focus on to increase customer satisfaction and

value perception in order to have loyal customers.

Based on those condition, there are six questions discussed, as follows: (1) Is

the image influence perceived value? (2) Is the price influence perceived value?

(3) Is the retail service quality influence perceived value? (4) Is perceived value

4

influence customer satisfaction? (5) Is perceived value influence customer

loyalty? (6) Is customer satisfaction influence customer loyalty?

The specific objective of this research is to get the answer whether the image

influence perceived value, whether the price influence perceived value, whether

the retail service quality influence perceived value, whether perceived value

influence customer satisfaction, whether perceived value influence customer

loyalty, and whether customer satisfaction influence customer loyalty. By

receiving the answer, can be known what factors could create customers become

loyal to the brand.

1.2 Significance of Study

This research expect some number of significance studies, as follows:

1. For the rresearcher, this study research can help fulfill the requirements to

achieve a bachelor's degree in business administration.

2. For future research, this study serve as a model that can be use if there are

the same variables that are discussed in this study. The future research would

have benefited from this study, they can compare the facts in this study with

the one they have.

3. Moreover, for retail store (especially for shoes), this research can help them

to find out the way to create a loyal customer. So that, they can easily

compete with the competitors.

1.3 Limitation

The main purpose of this study is to know the factors influence customer

loyalty. This research conducted in Bekasi area, the respondents are people who

5

have visited and bought shoes at Converse store in Summarecon Mall Bekasi.

These results only valid to Bekasi area only.

1.4 Organization of Skripsi

This research paper divided into 5 chapter base on different title. The chapter

one is introduction, it describes a broad general idea of factors influencing

perceived value and its impact on loyalty mediated by satisfaction include

significance of study and limitation. The chapter two is literature review, it consist

of conceptual framework, hypothesis, relationship between variables, and

construct measurement. The chapter three is methodology, it consist of

operational definition of variables, instrument, population and sampling design,

and how to collect and analyze the data. The chapter four mainly talk about result

and discussion which is consist of validity and reliability, respondent profile,

descriptive analysis, imferential analysis, and discussion of hypothesis. The last

chapter is conclusion and recommendation, it describe the analysis and

explanation of previous chapter toward the topic of the research.

6

CHAPTER II

LITERATURE REVIEW

This chapter explains the definiton and measurement of each variables.

Further on, the researcher discussed the relationship of each variable from

previous research and the gap between this study with others.

2.1 Brand Image

2.1.1 Definition of Brand Image

Keller (1993) stated that brand image is a customer's perception of

the brand that comes from the memory of its customers. This definition is

adapted by (Li, 2013), (Sondoh Jr, Omar, Ismail, & Harun, 2007), and

(Fianto, Hadiwidjojo, Aisjah, & Solimun, 2014).This definition is applied

at footwear industry (Li, 2013), cosmetic industry (Sondoh Jr et al., 2007),

and education industry (Fianto et al., 2014). Brand image also defined by

Aaker (1991) as some memories of brand associations which valuable.

This definition is adapted by (Sondoh Jr et al., 2007), (Alhaddad, 2015),

and (Alwi, Nguyen, Melewar, Loh, & Liu, 2016). This definition is

applied at cosmetic industry (Sondoh Jr et al., 2007), sportwear industry

(Alhaddad, 2015), and heating, ventilating and air-conditioning (HVAC)

industry (Alwi et al., 2016). Thus, brand image is what customers think

about a particular brand, it can be defined as how existing or potential

customers view the brand and associate with it.

7

2.1.2 Construct Measurement of Brand Image

In this study, brand image is measured by using 6 statements adopted

from several research. They are “Converse is innovative” (Alwi et al.,

2016), “Converse is reliable”, “Converse is attractive”, “Converse is

pleasing”, “Converse is a social status symbol” (Lien, Wen, Huang, & Wu,

2015), and “Usage of Converse is effective to my needs than other brands”

(Sondoh Jr et al., 2007).

2.2 Price

2.2.1 Definition of Price

According to Zeithaml (1988) price is the exchange of money with

product or service. This definition is adapted by (Lien et al., 2015) and

(Razak, Nirwanto, & Triatmanto, 2016). This definition applied at hotel

industry (Lien et al., 2015) and toothpaste industry (Razak et al., 2016).

Therefore, price is defined as the value that will purchase a finite quantity,

weight, or other measure of a good or service.

2.2.2 Construct Measurement of Price

Price is measured using 4 statements adopted from several studies.

The statements are “Converse offer best price every day” (Andreti,

Zhafira, Akmal, & Kumar, 2013), “The price of Converse is reasonable”,

“The price of Converse is affordable” (Lien et al., 2015), and “Converse

provides goods value for money” (Yee & Sidek, 2008).

8

2.3 Retail Service Quality

2.3.1 Definition of Retail Service Quality

Retail service quality is the difference between expectation and

performance of service (Parasuraman et al., 1988, 1985). This definition is

adapted by (Sivapalan & Jebarajakirthy, 2017), (Bakti & Sumaedi, 2013),

(Ivanauskiene & Volungenaite, 2014), (Kaiman & Zani, 2013), (Dimyati

& Subagio, 2016), and (Kheng, Mahamad, Ramayah, & Mosahab, 2010).

This definition applied at retail industry (supermarket) (Sivapalan &

Jebarajakirthy, 2017), library industry (Bakti & Sumaedi, 2013), retail

chain industry (Ivanauskiene & Volungenaite, 2014), property industry

(Kaiman & Zani, 2013), logistics industry (Dimyati & Subagio, 2016), and

bank industry (Kheng et al., 2010). Cronin and Taylor (1992) represent

service quality as judgement and interaction of customer about the service.

This definition is adapted by (Bakti & Sumaedi, 2013), (Ivanauskiene &

Volungenaite, 2014), and (Sultan & Wong, 2010). This definition applied

at library industry (Bakti & Sumaedi, 2013), retail chain industry

(Ivanauskiene & Volungenaite, 2014), and education industry (Sultan &

Wong, 2010). Based on Gronroos (1984), service quality is an appraisal by

customer from their expectation and the reality of service they have

receive. This definition is adapted by (Sum & Hui, 2009) and (Kheng et

al., 2010). The definition applied at fashion retail industry (Sum & Hui,

2009) and bank industry (Kheng et al., 2010). Therefore, service quality

defined as the result of the comparison that customers make between their

9

expectations about a service and their perception of the way the service

has been performed.

2.3.2 Construct Measurement of Retail Service Quality

Retail service quality is consist of 5 dimensions: Physical aspect,

reliability, personal interaction, problem solving, and policy. This variable

is measured using 25 statements adopted from one research. The

statements are “Converse store has modern-looking equipment and

fixtures”, “The physical facilities at Converse store are visually

appealing”, “Converse store has clean, attractive and convenient areas”,

“The layout of Converse store makes it easy to find what I need”, “The

layout of Converse store makes it easy to move around within the store”,

“In Converse store, I am able to get goods and services when I require

them”, “Converse store provides its services at the time it promises to do

so”, “Converse store accepts the suggestions made by customers and

works on them”, “Converse store provides the right service in the first

instance”, “Converse store insists on error-free sales transactions and

records”, “Employees in Converse store have the knowledge to answer my

questions”, “The behavior of employees in Converse store instills

confidence in me”, “I feel safe while doing transactions with Converse

store”, “Employees in Converse store give me prompt service”, “Converse

store gives individual attention on me”, “Employees in Converse store are

consistently courteous with me”, “Employees of Converse store treat me

courteously on the telephone”, “Converse store willingly handles returns

and exchanges”, “When I have a problem, Converse store shows sincere

10

interests in solving it”, “Employees of Converse store are able to handle

my complaints immediately”, “Converse store offers high quality

merchandise”, “Converse store provides plenty of convenient and free

parking for customers”, “The operating hours of Converse are convenient

to their customers”, “Converse accepts most major credit cards”, “I could

enjoy special privilege from Converse using its loyalty points system”

(Sivapalan & Jebarajakirthy, 2017).

2.4 Perceived Value

2.4.1 Definition of Perceived Value

Zeithaml (1988) stated that perceived value is the overall evaluation

of product or service they get with the cost they have spend. This

definition is adapted by (Raji & Zainal, 2016), (Li, 2013), (Lien et al.,

2015), (Sujipinyo & Chaipoopirutana, 2014), (Nikhashemi, Tarofder,

Gaur, & Haque, 2016), and (Wang & Chen, 2016). This definition applied

at restaurant industry (Raji & Zainal, 2016), footwear industry (Li, 2013),

hotel industry (Lien et al., 2015), restauran industry (Sujipinyo &

Chaipoopirutana, 2014), retail industry (supermarket) (Nikhashemi et al.,

2016), and travel industry (Wang & Chen, 2016). Woodruff (1997)

describe perceived value as a judgment of benefit from product or service

that fulfill customer need. This definition is adapted by (Anuwichanont &

Mechinda, 2009) and (Sapic, Topalovic, & Marinkovic, 2014). This

definition applied at spa industry (Anuwichanont & Mechinda, 2009) and

travel industry (Sapic et al., 2014). Thus, perceived value is the personal

11

customer comparison between the perception over benefit of product or

service and perceived cost paid.

2.4.2 Construct Measurement of Perceived Value

Perceived value is measured by 7 statements adopted from several

research. They are “I feel safe purchase in Converse”, “I feel trust and

confident in Converse” (Hasan, Kiong, & Ainuddin, 2014), “I have a huge

saving from buying at Converse”, “Converse has the best value for great

services”, “I got the best product than any of the other brands” (Gumussoy

& Koseoglu, 2016), “I get value for money with Converse” (Morgan &

Govender, 2017), and “The overall expected value of purchasing at

Converse is high” (Lien et al., 2015).

2.5 Customer Satisfaction

2.5.1 Definition of Customer Satisfaction

Oliver (1997,1999) stated that customer satisfaction is a positive

response of customer who experiencing a product/ service that meet their

wish. This definition is adapted by (M. E. Malik & Ghafoor, 2012), (Raji

& Zainal, 2016), and (Sujipinyo & Chaipoopirutana, 2014). This definition

applied at telecommunication industry (M. E. Malik & Ghafoor, 2012) and

restaurant industry (Raji & Zainal, 2016), (Sujipinyo & Chaipoopirutana,

2014). In accordance with Churchill and Surprenant (1982) customer

satisfaction is the result of both expectation and perception that customer

think was same. This definition is adapted by (Upamannyu & Sankpal,

2014) and (S. U. Malik, 2012). This definition applied at cosmetic industry

12

(Upamannyu & Sankpal, 2014) and service industry (S. U. Malik, 2012).

Therefore, customer satisfaction defined as the individual perception of

product or service that related to customer expectation.

2.5.2 Construct Measurement of Customer Satisfaction

Customer satisfaction is measured by using 6 statements which

adopted from several studies. There are “In general, I was pleased with the

quality of the service that Converse provided” (Kao & Lin, 2016), “Based

on all my experiences with Converse, I am very satisfied”, “I am satisfied

with the price/quality ratio offered at Converse” (Wantara, 2015), “I feel

that Converse gives me exactly what I need” (Morgan & Govender, 2017),

and “My decision to purchase from Converse was a wise one”, “Converse

performance beyond expectation” (Bakti & Sumaedi, 2013).

2.6 Customer Loyalty

2.6.1 Definition of Customer Loyalty

Based on Oliver (1997,1999) stated that customer loyalty is a

consistant customer who prefer of one product or service in the purchase.

This definition is adapted by (Li, 2013) and (Sabir, Irfan, Sarwar, Sarwar,

& Akhtar, 2013). This definition applied at footwear industry (Li, 2013)

and telecommunication industry (Sabir et al., 2013). Thus, customer

loyalty is customer who exhibit repetitive buying behavior of a product or

service from one company.

13

2.6.2 Construct Measurement of Customer Loyalty

Adopted from Nikhashemi et al., (2016), customer loyalty is consist

of 2 dimensions: Behavior loyalty and attitudinal loyalty. Each dimensions

have 3 statements, thus the total statement is 6. Statements of behavior

loyalty are “I will say positive thing about Converse”, “I will recommend

Converse to someone”, “I will continue to shop at Converse” and

statements of attitudinal loyalty are “I am emotionally attached to

Converse”, “I feel personally satisfied when I shop from Converse”, “I am

very committed to Converse”.

2.7 Relationships Among Variables

2.7.1 Relationship between Brand Image and Perceived Value

Li (2013) conducted a research towards footwear industry in China

by distributing a questionnaire in 3 ways: judgemental sampling, quota

sampling, and convenience sampling. Total data gathered was 400

repondents then analyze by using SPSS. The result show that image has

significant relationship with perceived value.

Haba, Hassan, & Dastane (2017) conducted research to 300.000

smartphone consumers among professional worker in Kuala Lumpur and

take 302 data as sample. This study use online form with convenience

sampling method to spread the questionnaire. They use demographic

profile classification, reliability test, sample adequacy, confirmatory factor

analysis (CFA) and structural equation modeling (SEM) to analyze the

data. The researcher found that brand image has a positive effect on

preceived value.

14

Meanwhile, Soltani, Esfidani, Jandaghi, & Soltaninejad (2016) found

that brand image has no impact on perceived value. The result obtained by

conducted research to 420 customers of the chain store of ETKA in Tehran

by distributed questionnaire using purposive sampling technique and gain

390 usable questionnaires to be analyze by SPSS.16 and Amos.18, then

examine the hypothesis using Structural Equation Modeling (SEM) to get

the result.

2.7.2 Relationship between Price and Perceived Value

Li (2013) conducted a research towards footwear industry in China

by distributing a questionnaire in 3 ways: judgemental sampling, quota

sampling, and convenience sampling. Total data gathered was 400

repondents then analyze by using SPSS. The result show that price has a

positive relationship with perceived value.

Lien et al., (2015) conducted research for 1200 Lifewin members

(Lifewin is an online survey network consisting of 50,000 members in

Taiwan) by stratified sampling. The target respondent were people who

had reserved a room in the last 12 months from hotel‟s website and

already 18 years of age or older to make sure they have a responsibility for

using credit card when making an online hotel booking. The sample size

of this study was 366 respondents and Structural Equation Modeling

(SEM) was taken to analyze the data using AMOS 19. The result represent

that price significantly influence to perceived value.

15

Calvo-Porral & Lévy-Mangin (2017) conducted research from 469

repondents as sample size towards five main retailers in Spain. The

questionnaire were randomly distributed through online platform and

sending to consumer in Spain. Total valid data was 439 respondents. After

collect the data, they calculate cronbach Alpha, composite reliability

coefficients and analysis of the extracted variance exceeded. This study

found that price is influencing perceived value.

2.7.3 Relationship between Retail Service Quality and Perceived Value

(Rasheed & Abadi, 2014) conducted research by distribute a

questionnaire to customers in the banking, insurance, and

telecommunications industry at Kuala Lumpur. After collect the data,

statistical tests included descriptive statistics, internal consistency,

reliability, validity, correlation and regression were used to test the

hypothesis and the research found that service quality has a positive

impact on perceived value.

Gumussoy & Koseoglu (2016) conducted research for 612

questionnaires which distributed to hotel‟s customer in Alanya, Turkey.

Only 346 questionnaires were valid and analyze by SPSS statistics 20. The

result found that service quality which consist of tangibles, reliability,

responsiveness, assurance and empathy as the dimensions was

significantly impact on perceived value.

Soltani et al., (2016) found that service quality influence perceived

value significantly. The result obtained by conducted research to 420

16

customers of the chain store of ETKA in Tehran by distributed

questionnaire using purposive sampling technique and gain 390 usable

questionnaires to be analyze by SPSS.16 and Amos.18 and examine the

hypothesis using Structural Equation Modeling (SEM) to get the result.

2.7.4 Relationship among Perceived Value, Customer Satisfaction and

Customer Loyalty

Gumussoy & Koseoglu (2016) conducted research for 612

questionnaires which distributed to hotel‟s customer in Alanya, Turkey.

346 questionnaires were usable and analyze by SPSS statistics 20. The

result found that perceived value and customer satisfaction are impact on

customer loyalty, another result found that perceived value become one of

variable which influence customer satisfaction.

Li (2013) conducted a research towards footwear industry in China

by distributing a questionnaire in 3 ways: judgemental sampling, quota

sampling, and convenience sampling. Total data gathered was 400

repondents then analyze by using SPSS. The results show that perceived

value affected customer satisfaction and customer loyalty significantly, as

well as customer satisfaction that has significant influence to customer

loyalty.

In the other hand, Kassim, Igau, Harun, & Tahajuddin (2014) found

that perceived value is not influence loyalty, meanwhile, perceived value

has positively influence on customer satisfaction and customer satisfaction

also has positive influence on loyalty. Therefore, satisfaction as a

17

mediation between perceived value and customer loyalty is supported in

this research which conducted from mobile users who are working in Kota

Kinabalu, Sabah. 150 questionnaires were valid to analyze this research

using convergent and discriminant validity analysis to examine the

measurement model and PLS algorithm and Bootstrapping algorithm in

SmartPLS 2.0 to test the hypothesis.

2.8 Research Gap

This research framework adopted from one previous study with changing the

perceived quality into retail service quality. The study focused on the customer

footwear brand in China (Li, 2013). However, this research have focused on

customer footwear brand in Indonesia.

Another previous studies which conducted by Lien et al., (2015) and

Gumussoy & Koseoglu (2016) examine similar relationship with this research,

that are the relationship of brand image and perceived value and relationship

among perceived value, customer satisfaction, and customer loyalty. They have

conducted study in Taiwan and Turkey towards hotel industry while this research

was conducted in Indonesia towards footwear industry.

Haba et al., (2017) and Kassim et al., (2014) investigating mobile phone user

on Kuala Lumpur and Sabah which both were in Malaysia. Those studies

measuring the relationship between brand image and perceived value and

relationship among perceived value, customer satisfaction, and customer loyalty.

This study also examine the same relationship, but different industry which is

footwear industry in Indonesia.

18

Soltani et al., (2016) have conducted research towards customer in chain

store of ETKA at Tehran and measuring same relationship with this study which

is relationship between brand image and perceived value. However, this study

conducted towards customer of footwear brand in Indonesia.

Calvo-Porral & Lévy-Mangin (2017) conducted research towards private

brand in Spanish and measure the relationship between price and perceived value.

This study examine the same relationship, but different industry which is footwear

industry in Indonesia.

Rasheed & Abadi (2014) also measure the same relationship with this study

which is the relationship between retail service quality and perceived value

towards service industry in Malaysia. While this study focused on footwear

industry in Indonesia.

19

CHAPTER III

METHODS

This chapter discuss about framework include hypothesis of this research. In

addition, the operational definition of variable, instrument, sampling design, and

data gathering also discuss in this chapter. The research is using quantitative

method to analyze.

3.1 Theoretical Framework

Figure 3.1 Theoretical Framework

3.2 Hypothesis

According to the statement of the problem stated, this research decide the

proposed hypotheses as follow:

1. Hypothesis 1: Brand image influence perceived value significantly.

2. Hypothesis 2: Price influence perceived value significantly.

3. Hypothesis 3: Retail service quality influence perceived value significantly.

4. Hypothesis 4: Perceived value influence customer loyalty significantly.

5. Hypothesis 5: Perceived value influence customer satisfaction significantly.

6. Hypothesis 6: Customer satisfaction influence customer loyalty significantly.

20

3.3 Operational definition of Variables

Table 3.1 Operational Definition of Variables

3.4 Instrument

In this study, the researcher collected data through a questionnaire survey of

specific respondents - Converse customers in Summarecon Mall Bekasi. All the

results come from questionnaire of Google form. This research use comparative

survey which is Likert scale. Seven Likert scale is used to measure respondents

the disagree or agree level of respondents about particular question or statement. 1

stand for strongly disagree, while 7 stand for strongly agree with the question.

3.5 Sampling Design

Non-probabilistic sampling technique specifically convenient method was

used for collect the data. The research was spread all around Bekasi area to the

age between 15-40 years old. This study obtain 261 respondents whereas only 226

data were valid.

3.6 Data Gathering

This research collect all the data using online questionnaire supported by

Google form. The questionnaire is distributed through instagram, line, whatsapp,

and direct message. The result of questionnaire was saved into Excel document

then analyze by SPSS and AMOS. The target respondent is people around Bekasi

area especially who have ever visit Converse store at Summarecon Mall Bekasi.

The questionnaires are distributed from the end of October until the middle of

December.

21

3.7 Data Analysis

After collected the data from google form, the result was analyze to measure

the accuracy of data by statistical software which are SPSS and AMOS version

24.

Validity of data was checked using factor analysis. Some criterias to examine

the validity are KMO (Kaiser-Meyer-Olkin) and Bartlett‟s Test, Communalities,

Total Variance Explained, and Rotated Component Matrix. KMO value should be

more than 0.5, the significant of bartlett‟s test should be less than 0.05,

communalities should be greater than 0.5, total variance explained should be more

than 60%, and rotated component matrix value should be more than 0.4. Another

important test in analysis data is reliability. This step is refer to cronbach‟s alpha

values of each variables. To confirm how well the reliability of variable,

cronbach‟s alpha score should represent the standard value which is more than

0.6. If the value does not meet the requirement, then the variable is not reliable

(Kharaim, Al-Jabaly, & Khraim, 2014).

Standardized Estimates Calculation (SEM) was used to test the hypothesis by

check the goodness of fit model and multiple square correlation. The criteria of

goodness of fit that should be measured are CMIN, RMSEA, IFI, TLI, CFI, GFI,

and AGFI. The value of CMIN should be less than 5. For GFI and AGFI criteria,

the model‟s value should be more than 0.9. RMSEA‟s value should be less than

0.08. While IFI, TLI, and CFI criteria should be more than 0.95. For multiple

square correlation, the value is valid by 0.07 or 7% (Zehir & Narcikara, 2016).

22

CHAPTER IV

RESULT AND DISCUSSION

This chapter is discuss about the result from the data obtained which consist

of validity (KMO and Barlett‟s Test, Total Variance Explained, Communalities,

and Rotated Component Matrix), reliability (Cronbach‟s Alpha), respondent

profile, descriptive analysis, and inferential analysis.

4.1 Validity and Reliability Test

To check the validity of variables, this study tested several criterias in factor

analysis using SPSS version 24. There were KMO (Kaiser-Meyer-Olkin) and

Barlett‟s Test, Total Variance Explained, Communalities, and Rotated Component

Matrix. The value of KMO should be greater than 0.5, and the result from the

appendix 4.1 indicate that the KMO‟s value is acceptable by 0.929. The Barlett‟s

Test is significant if the value less than 0.005 and this research gain positively

significant with value 0.000. Furthermore, the number of Total Variance also

valid by 76% as shown in the appendix 4.2 since the minimum percentage of

Total Variance Explained is 60%. Communalities also one of the parameter used

to prove the validity. The value at least 0.5 to be accepted. The range for

Customer Satisfaction (CS 1, 3, 6) is 0.706-0.814, Perceived Value (Value 3, 5, 7)

0.640-0.744, Brand Image (Image 2, 4, 5) 0.627-0.850, Price (Price 2, 4) 0.758-

0.814, Customer Loyalty (CLAL 1, 3) 0.762-0.823, and Retail Service Quality

(AVPA, AVR, AVPI, AVPS, AVP) 0.735-0.879. The result of all variables are

valid as shown at the appendix 4.3. At the beginning, the Rotated Component

Matrix is show a discriminant issue which causes the removal of some variables,

23

they are Customer Satisfaction (CS 2, 4, 5), Perceived Value (Value 1, 2, 4, 6),

Brand Image (Image 1, 3, 6), Price ( Price 1, 3), and Customer Loyalty (CLBL 1,

2, 3, CLAL 2). For Retail Service Quality, the value used is the average of each

dimension of Retail Service Quality. After deleting those variables, there is no

problem anymore with the rotated component matrix. As shown in the appendix

4.4 the range of Customer Satisfaction is 0.571-0.719, for Perceived value ranged

from 0.713-0.757, Brand Image from 0.524-0.873, Price from 0.770-0.802,

Customer Loyalty from 0.735-0.828, and average of Retail Service Quality ranged

from 0.678-0.788.

Besides of validity test, this research also check the reliability of variables.

Cronbach‟s alpha is used to measure the reliabilty, the value should be more than

0.6. Based on the appendix 4.5, the variables are met the requirement with the

value range 0.701-0.937 which mean all variables are reliable.

4.2 Respondent Profile

Table 4.1 Demographic Data of Respondents

The purpose of this research is to know factors influencing perceived value

and its impact on loyalty mediated by satisfaction which focus on Converse Store

at Summarecon Mall Bekasi, the target are people who have ever visit and buy

shoes in that store. The questionnaire was distributed in Bekasi area and obtained

a total of 261 respondents, while only 226 data can be used. The characteristic of

respondent is divided into several aspects which are gender, age, last education,

current occupation, and whether they have visit and buy shoes at Converse Store

24

in Summarecon Mall Bekasi. As shown in the table 4.1, the majority of

respondents are female with percentage 53.3% (169 respondents). Whereas 46.7%

are male wich consist of 122 respondents. Based on the age, the most of the

respondents are from age 20-30 which consist of 154 respondents by 59%.

Followed by the age below 20 which is 34.1% with the total of 89 respondents.

Then from 31-40 years old contributed 5% or equal to 13 respondents, and the

lowest age is from above 40 years old for 1.9% with the number of 5 respondents.

Table 4.1 shows that 46.7% are Undergraduate/ Bachelor‟s Degree with the total

of 122 respondents. Followed by senior high school student which is 39.5% or

103 respondents. For Diploma/Associate's Degree, 32 respondents or 3.2% are

contributed to this research. The rest 1.5% are from Master's Degree which

consist of 4 respondents. Student become the majority of respondents by

occupation with the value of 70.9% or amount to 185 respondents. Next is

employee who give 16.1% contribution or 42 respondents. 6.1% of respondents

are work as entrepreneur which consist of 16 respondents. Then 3.4% or 9

respondents are unemployed. Another 3.1% or 8 respondents are house wife.

Table 4.1 also represent that people who have visit and buy shoes at Converse

store in Summarecon Mall Bekasi which answer „yes‟ is 86.6% or 226

respondents. Whereas 13.4% or 35 respondents are have not visit and buy shoes at

the store and they automatically quit from the questionnaire/ not continue to the

next section.

4.3 Descriptive Analysis

4.3.1 Brand Image

25

Table 4.2 Brand Image Data Summary

Based on the table 4.2, brand image is consist of 6 questions, the first

question of brand image shows around 75% respondents are neutral until

strongly agree that Converse is innovative whereas the 25% respodents are

somewhat disagree until strongly disagree. The second question of brand

image shows that 85% repondents are neutral until strongly agree that

Converse is reliable. While the rest 15% are somewhat agree until strongly

disagree with the question. The third question indicate around 85%

respondents are neutral until strongly agree that Converse is attractive

whereas the rest 15% respodents are somewhat disagree until strongly

disagree. The fourth question shows around 87% respondents are neutral

until strongly agree that Converse is pleasing while the 13% respodents

answer somewhat disagree until strongly disagree. In the fifth question,

80% respondents are neutral until strongly agree that Converse is a social

status symbol, the rest 20% respodents are somewhat disagree until

strongly disagree. The last question of brand image stated around 82%

respondents are neutral until strongly agree that usage of Converse is

effective to their needs than other brands. Another 18% respodents are

somewhat disagree until strongly disagree with the question.

4.3.2 Price

Table 4.3 Price Data Summary

26

Table 4.3 has shown that price is consist of 4 questions, the first

question of price shows around 80% respondents are neutral until strongly

agree that Converse offer best price every day, whereas the 20%

respodents are somewhat disagree until strongly disagree. The second

question of price shows that 83% repondents are neutral until strongly

agree that the price of Converse is reasonable. While the rest 17% are

somewhat agree until strongly disagree with the question. The third

question indicate about 82% respondents are neutral until strongly agree

that the price of Converse is affordable whereas the rest 18% respodents

are somewhat disagree until strongly disagree. From the last question

around 90% respondents are neutral until strongly agree that Converse

provides goods value for money while the 10% respodents answer

somewhat disagree until strongly disagree.

4.3.3 Retail Service Quality

Table 4.4 Retail Service Quality Data Summary

According to the table 4.4 retail service quality has 25 questions

which divided into 5 dimensions: Physical aspect (5 questions), reliability

(5 questions), personal interaction (7 questions), problem solving (3

questions), and policy (5 questions).

The first question of physical aspect has shown the answer of

respondents are neutral until strongly agree that Converse store has

modern-looking equipment and fixtures by 85% and the rest 15% of

27

respondents are somewhat disagree until strongly disagree. The second

question indicates about 90% repondents are neutral until strongly agree

that the physical facilities at Converse store are visually appealing, while

10% are somewhat disagree until strongly disagree with the question. 90%

respondents are neutral until strongly agree that Converse store has clean,

attractive and convenient areas and 10% respondents answer somewhat

disagree until strongly disagree with the question. Fourth question of

physical aspect shows that 90% respondents are neutral until strongly

agree that the layout of Converse store makes it easy to find what they

need. Whereas the rest 10% respondents are somewhat disagree until

strongly disagree. For the last question, it conclude that around 90%

respondents are neutral until strongly agree that the layout of Converse

store makes it easy to move around within the store while the 10%

respodents answer somewhat disagree until strongly disagree.

Based on the table 4.4, the first question of reliability (In Converse

store, I am able to get goods and services when I require them) has shown

around 90% respondents are neutral until strongly agree, and 10% of

respondents are somewhat disagree until strongly disagree. The second

question indicates about 88% repondents are neutral until strongly agree

that Converse store provides its services at the time it promises to do so,

while 12% are somewhat disagree until strongly disagree with the

question. From the third question (Converse store accepts the suggestions

made by customers and works on them), this result obtain 90% of

respondents are neutral until strongly agree and another 10% respondents

28

answer somewhat disagree until strongly disagree with the question.

Fourth question of reliability shows that 90% respondents are neutral until

strongly agree that Converse store provides the right service in the first

instance. Whereas the rest 10% respondents are somewhat disagree until

strongly disagree. The number of 93% respondents are neutral until

strongly agree that Converse store insists on error-free sales transactions

and records within the store, while 7% of respodents answer somewhat

disagree until strongly disagree to this question.

The next dimension is personal interaction, at the first question it

shows that around 90% respondents are neutral until strongly agree that

employees in Converse store have the knowledge to answer their questions

whereas the 10% respodents are somewhat disagree until strongly

disagree. The second question (The behavior of employees in Converse

store instills confidence in me) indicates that the repondents are neutral

until strongly agree, it approximately 90%. While 10% of respondents

answer somewhat agree until strongly disagree with the question. The

third question (I feel safe while doing transactions with Converse store)

also indicate around 90% respondents are neutral until strongly agree,

whereas the rest 10% respodents are somewhat disagree until strongly

disagree. The fourth question of personal interaction shows almost 90%

respondents are neutral until strongly agree that employees in Converse

store give a prompt service and 10% of respodents answer somewhat

disagree until strongly disagree. In the fifth question (Converse store gives

individual attention on me), about 90% respondents are neutral until

29

strongly agree, the rest 10% respodents are somewhat disagree until

strongly disagree. From the sixth question (Employees in Converse store

are consistently courteous with me), there are 90% respondents who

answer neutral until strongly agree, the rest 10% respodents are somewhat

disagree until strongly disagree. The last question of personal interaction

indicates that 86% respondents are neutral until strongly agree with the

question (Employees of Converse store treat me courteously on the

telephone), the rest 14% respondents answer somewhat disagree until

strongly disagree.

The fourth dimension is problem solving which consist of 3

questions, the first question is shows that around 85% respondents are

neutral until strongly agree while 10% of respondents are somewhat

disagree until strongly disagree that Converse store willingly handles

returns and exchanges. The result of second question also stated that 85%

respondents are neutral until strongly agree and 10% for somewhat

disagree until strongly disagree with the question (When I have a problem,

Converse store shows sincere interests in solving it). The last question of

problem solving has shown that around 88% of respondents are neutral

until strongly agree that employees of Converse store are able to handle

their complaints immediately and 12% repondents answer somewhat

disagree until strongly disagree.

The last dimension of retail service quality is policy and consist of 5

questions. The first question shows about 90% repondents are neutral until

strongly agree that Converse store offers high quality merchandise, while

30

the rest 10% are somewhat agree until strongly disagree with the question.

The second question in the table 4.4 indicates about 75% respondents are

neutral until strongly agree that Converse store provides plenty of

convenient and free parking for customers whereas the rest 25%

respodents are somewhat disagree until strongly disagree. From the third

question, it conclude that 86% respondents are neutral until strongly agree

that operating hours of Converse are convenient to the customers. While

another 14% respodents answer somewhat disagree until strongly disagree.

The result of fourth question has shown that 90% of respondents are

neutral until strongly agree that Converse accepts most major credit cards,

and 10% of customer answer somewhat disagree until strongly disagree to

this question. The last question of policy (I could enjoy special privilege

from Converse using its loyalty points system) give a value of 88% who

answer neutral until strongly agree, another 12% respondents are

somewhat disagree until strongly disagree to this question.

4.3.4 Perceived Value

Table 4.5 Perceived Value Data Summary

As shown at table 4.5, the first question of perceived value indicate

that the respondent feel safe purchase in Converse with total of 88%

respondents answer neutral until strongly agree and the rest 12% of

respondents are somewhat disagree until strongly disagree. The second

question (I feel trust and confident in Converse) also represent about 88%

repondents with neutral until strongly agree answer. Whereas 12% are

31

somewhat disagree until strongly disagree with the question. Around 84%

of respondents are neutral until strongly agree with the third question

which is “I have a huge saving from buying at Converse“. Another 10%

respondents answer somewhat disagree until strongly disagree with the

question. The fourth question stated that Converse has the best value for

great services , the result shows that 85% respondents are neutral until

strongly agree and 15% of respondents answer somewhat disagree until

strongly disagree. The number of 85% respondents are neutral until

strongly agree with the fifth question (I got the best product than any of

the other brands), while 15% of respodents are somewhat disagree until

strongly disagree. For the sixth question (I get value for money with

Converse), it shows that around 88% respondents are neutral until strongly

agree while 12% of respondents are somewhat disagree until strongly

disagree. The last question of perceived value has shown that 90%

repondents are neutral until strongly agree that the overall expected value

of purchasing at Converse is high. While the rest 10% answer somewhat

agree until strongly disagree.

4.3.5 Customer Satisfaction

Table 4.6 Customer Satisfaction Data Summary

From table 4.6, it shown that customer satisfaction consist of 5

questions, the first question (In general, I was pleased with the quality of

the service that Converse provided) shows that 90% respondents are

neutral until strongly agree and the 10% of respondents are somewhat

32

disagree until strongly disagree. The second question indicates that the

repondents are neutral until strongly agree by 90%. While the rest 10% of

respondents are somewhat agree until strongly disagree with the question

(Based on all my experiences with Converse, I am very satisfied). 88% of

respondents are neutral until strongly agree with the third question (I am

satisfied with the price/quality ratio offered at Converse) whereas 12% of

respondents are somewhat disagree until strongly disagree. The result of

fourth question (I feel that Converse gives me exactly what I need) also

stated that around 88% respondents are neutral until strongly agree, while

the 12% respodents answer somewhat disagree until strongly disagree. In

the fifth question (My decision to purchase from Converse was a wise

one), 92% of respondents are neutral until strongly agree and the value of

8% are somewhat agree until strongly disagree. The last question of

customer satisfaction (Converse performance beyond expectation) shows

about 88% of respondents are neutral until strongly agree, while 12% of

respondents are somewhat disagree until strongly disagree.

4.3.6 Customer Loyalty

Table 4.7 Customer Loyalty Data Summary

At table 4.7, the first question of customer loyalty (I will say positive

thing about Converse) shows that the answer of respondents are neutral

until strongly agree by 85% and the rest 15% of respondents are somewhat

disagree until strongly disagree. The second question indicates about 90%

repondents are neutral until strongly agree, while 10% are somewhat

33

disagree until strongly disagree with the question (I will recommend

Converse to someone). 85% respondents are neutral until strongly agree

for the result of third question (I will continue to shop at Converse)

whereas about 15% respondents answer somewhat disagree until strongly

disagree. The fourth question of customer loyalty (I am emotionally

attached to Converse) shows that 75% respondents are neutral until

strongly agree and the rest 25% respondents are somewhat disagree until

strongly disagree. The next question (I feel personally satisfied when I

shop from Converse) has shown about 88% of respondents are neutral

until strongly agree while the 10% respodents answer somewhat disagree

until strongly disagree. For the last question (I am very committed to

Converse), around 90% respondents are neutral until strongly agree and

the rest 10% are somewhat disagree until strongly disagree.

4.4 Inferential Analysis

Appendix 4.6 SEM Diagram

This research was use SPSS AMOS version 24 to test the hypotheses

regarding the relationship between the variables and SEM (Standardized

Estimated Calculation) becoming a tool to check it. SEM diagram was created

firstly to analyze the further data. Appendix 4.6 was edited by correlated the errors

in one variable, then the goodness-of-fit can meet the requirements.

Appendix 4.7 Goodness-of-fit Criteria and Result

34

The goodness-of-fit aims to determine whether the variable is accepted or

rejected. There are several criteria that should be measured: CMIN, RMSEA, IFI,

TLI, CFI, GFI, and AGFI. Based on the appendix 4.7, the value of CMIN is

accepted since the result is less than 5 (1.860). For GFI criteria, the model‟s value

should be more than more than 0.9 and the result shown is 0.909. RMSEA criteria

is the model value should be less than 0.08 and the result is accepted which is

0.062. IFI result shows 0.959, it is accepted because more than 0.95. Also CFI

criteria can be accepted due to the result shown is 0.958 which is greater than the

requirement (0.9). However, the value of TLI is rejected since the result is less

than 0.95 (0.945). AGFI is also rejected because the value is less than 0.9 (0.866).

5 out of 7 criterias are accepted in this research, they are CMIN, RMSEA, IFI,

CFI, and GFI.

Appendix 4.8 Multiple Square Correlation

The result of Squared Multiple Correlation is explained about how the

independent variable can adaptable as predictors to explain its variance.. At the

appendix 4.8, the value of multiple square correlation show the result of perceived

value which 1.063, which mean it has 106% of its variance. Customer satisfaction

indicated by 0.664 or 66% of its variance. Whereas customer loyalty has a value

of 0.486 or 48% of its variance.

35

Appendix 4.9 Hypothesis Testing

CR is critical ration, it demonstrated how strong the relationship between

every variables and when the value is negative, it implies that the data is

negatively influence and when there were no indication of negative, it implies that

the data were positively influence. The relationship among variables has significant

relations when the value of CR is more than 1.96. From the appendix 4.9, it shows

that brand image has no significant relation with perceived value since the CR

value is less than 1.96 (0.501). In the other hand, the relationship between

perceived value and customer satisfaction was the strongest one with CR value

6.752. The appendix 4.9 also shown that one of the relation has a negative

influence between price and perceived value by -1153. To determine the result of

hypothesis, it can be seen from p value. When p value is less than 0.05 or ***, it

means the hypothesis is accepted. From the appendix 4.9, 2 out of 6 hypothesis

are rejected. They are brand image to perceived value and price to perceived

value.

4.10 Standardized Regression Weight

Based on the appendix 4.9, the estimate value shows the influence of one

variable to the other variable. The result has shown that brand image has 7.2% of

influences to perceived value, price has -9.7% of influences to perceived value,

and retail service quality has 103.2% of influences to perceived value.

36

Furthermore, perceived value has 81.5% of influences to customer satisfaction

and 30.8% of influences to customer loyalty. Then, customer satisfaction has

42.3% of influences to customer loyalty.

4.5 Discussion

After analyze the data, the result shows that 4 hypothesis was supported, they

are retail service quality influence perceived value (H3), perceived value influence

customer loyalty (H4), perceived value influence customer satisfaction (H5), and

customer satisfaction influence customer loyalty (H6). The result is supported by

Li (2013) who conducted research towards customer of footwear brand in China

and indicate the same result that H4, H5, H6 was accepted. Another result also

found that retail service quality impact on perceived value, perceived value impact

on customer satisfaction, perceived value impact on customer loyalty, and

customer satisfaction impact on customer loyalty by conducted research towards

the customer of hotel in Alanya, Turkey (Gumussoy & Koseoglu, 2016).

In the other hand, brand image influence perceived value (H1) and price

influence perceived value (H2) was rejected. A previous study also found that

brand image has no impact on perceived value after conducted research to

customer of chain store of ETKA in Tehran, Iran (Soltani et al., 2016).

37

CHAPTER V

CONCLUSION

5.1 Hypothesis Answer

The result of this research which concern about factors influencing perceived

value and it‟s impact on loyalty mediated by satisfaction shows that; 1) Brand

image has no significant influence to perceived value; 2) Price has no significant

influence to perceived value; 3) Retail service quality influence perceived value

significantly; 4) Perceived value influence customer loyalty significantly; 5)

Peceived value influence customer satisfaction significantly; 6) Customer

satisfaction influence customer loyalty significantly.

5.2 Further Recommendations

For the author, beside to fulfill the requirement for achieve a Bachelor‟s

Degree, this study can give a better understanding of loyal customer in footwear

industry which can be used by the author who have a possibility to work in retail

industry (especially for footwear) in the future.

For the future study, this research can be used if they test the same topic. To

better result in the next study, there are some variables which can be consider as

factor that may influence the variable such as product quality and store attributes.

Mostly, the buyer choose a high value product regarding the utility of the total

product and product quality is one of a subjective evaluation which make a

product valuable (Chinomona, Okoumba, & Pooe, 2013). Nikhashemi et al.,

(2016) stated that store attributes influence perceived value by conducting a study

38

in retail store. It means, the next research can be test product quality and store

attribute as a factor influencing perceived value.

For the retail store, the competition in the industry is quite tight nowadays.

One of the thing that should be concern by Converse is identify the customer since

every countries have different type of customer (Tadda, 2013). The most customer

of Converse in Indonesia is young generation around the age of 16-24 (Nusa,

2012). For school shoes, the price above Rp500.000 is expensive although the one

who buy the shoes are the parents not the student itself. To solve it, Converse can

add a special variant for school shoes with affordable price. Thus, the customers

from all age can use Converse based on their needs.

39

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46

APPENDIX

Appendix 1 Online Questionnaire

47

48

49

50

51

52

53

54

55

56

57

58

59

60

61

62

63

64

65

66

67

Source: https://goo.gl/forms/T0CQOsfi79EZfmEK2

68

Appendix 2 Tabulation Data

Brand Image Price

Image

1

Image

2

Image

3

Image

4

Image

5

Image

6

Price

1

Price

2

Price

3

Price

4

5 6 6 5 4 5 4 5 4 4

3 4 3 3 4 3 3 4 3 4

5 6 5 5 6 5 5 6 6 6

7 7 7 7 7 6 7 7 7 7

5 7 7 7 6 6 5 6 6 6

2 7 4 4 4 5 5 3 4 6

7 7 7 6 5 4 4 6 6 7

2 3 6 4 1 1 2 3 2 4

7 7 7 7 5 5 6 7 6 7

5 6 6 6 3 5 5 5 5 5

4 6 6 6 6 3 4 4 3 4

7 7 7 7 4 6 7 7 7 7

6 6 7 7 6 6 6 7 6 7

4 5 5 4 5 5 3 3 2 3

5 6 6 6 6 7 6 7 6 7

4 6 6 7 5 2 3 2 4 5

7 6 5 4 1 4 4 6 5 6

1 7 1 7 4 2 3 4 3 4

4 1 5 3 2 2 3 6 5 7

5 4 6 4 5 3 5 5 5 5

6 6 4 6 5 6 6 5 6 6

4 4 4 4 4 4 4 4 4 4

7 7 7 7 7 5 7 7 6 7

3 3 3 3 3 1 7 7 7 6

4 4 4 4 4 4 4 4 4 4

5 5 5 5 5 5 5 5 5 5

7 7 7 7 4 7 3 6 3 7

7 7 7 7 7 7 7 7 6 7

7 6 7 7 7 7 4 7 6 6

6 6 6 6 6 6 6 6 4 6

5 7 7 7 5 6 4 5 5 6

5 5 5 5 2 3 5 5 5 5

6 6 6 6 7 4 3 4 4 4

7 7 7 7 7 4 5 7 7 7

7 7 7 7 7 6 5 6 6 7

7 7 7 7 5 6 6 6 5 6

6 6 6 6 7 4 4 5 5 4

69

7 7 7 7 7 7 1 1 1 1

4 4 4 4 4 4 4 4 4 4

7 7 7 7 7 7 5 7 7 7

3 5 3 3 1 1 2 2 2 3

3 3 3 5 3 3 3 5 5 5

5 5 5 6 6 4 4 4 5 5

4 5 6 5 5 4 4 5 5 5

5 5 6 6 5 4 4 5 6 5

7 7 7 7 7 5 6 5 3 6

4 5 5 5 3 4 4 5 5 5

7 7 7 7 7 7 7 7 7 7

6 7 6 7 7 7 7 7 7 7

7 6 6 6 5 4 6 5 5 6

4 7 7 7 4 2 4 5 5 5

5 6 6 6 4 4 4 4 4 4

5 7 7 7 5 7 5 6 7 7

6 6 5 5 3 5 6 6 6 6

6 6 7 7 5 5 5 4 6 5

6 6 6 6 6 5 5 5 4 5

7 7 7 7 5 4 1 1 4 6

6 7 7 6 6 5 4 5 5 5

3 4 2 5 3 2 3 2 3 6

3 5 6 7 4 7 6 5 4 5

6 6 5 5 5 4 4 4 5 6

6 5 4 6 4 4 6 7 5 6

4 4 5 5 4 4 3 5 5 5

5 6 6 6 5 5 4 5 5 6

6 6 5 5 4 6 7 7 7 6

7 7 7 7 7 7 6 6 6 6

4 7 7 6 4 4 4 4 4 4

7 7 6 5 3 5 4 5 5 4

6 6 4 4 4 5 5 5 3 5

7 7 7 7 5 5 5 5 5 7

6 6 6 6 3 4 5 5 3 6

6 5 5 6 6 5 6 7 6 6

5 5 6 6 4 5 5 6 6 6

5 5 5 4 4 4 4 4 4 4

5 5 6 6 4 5 5 6 6 6

6 6 7 5 6 4 5 5 5 5

6 6 6 6 6 6 7 6 4 6

7 6 5 7 7 7 6 6 7 5

70

5 6 5 5 4 5 5 5 6 6

5 6 6 5 5 6 4 5 5 5

6 6 7 5 6 4 5 5 5 5

6 6 6 6 6 6 4 5 7 7

6 5 6 6 4 4 4 5 5 6

7 6 6 6 6 6 6 6 7 6

7 7 7 5 5 3 3 2 1 2

7 7 7 7 7 7 7 7 7 6

7 7 6 7 7 7 7 7 7 7

7 6 4 7 4 5 7 6 6 5

7 6 5 7 6 6 7 7 6 6

7 6 5 7 6 6 7 7 6 6

6 7 6 6 6 6 7 6 5 6

5 7 4 5 6 6 7 7 6 6

4 6 5 7 6 6 6 6 7 7

7 6 6 7 6 7 6 7 5 6

7 6 6 6 6 6 5 5 6 6

6 5 6 6 4 4 4 5 5 6

5 5 5 4 4 3 4 5 5 4

4 4 4 5 5 7 3 4 4 5

7 7 7 6 4 6 7 5 5 5

6 7 6 5 7 6 4 1 1 4

4 5 5 7 7 7 7 7 6 7

7 6 5 6 6 6 7 6 6 7

7 6 5 7 5 6 7 6 5 5

5 5 3 6 7 4 6 4 7 4

3 5 6 6 2 6 6 5 7 6

4 7 5 5 7 7 6 6 5 5

4 5 6 3 3 5 3 4 7 3

7 4 6 7 7 1 6 5 7 6

3 4 3 3 4 5 4 6 6 4

1 7 7 5 6 3 3 6 4 7

6 7 4 5 7 7 6 5 6 7

2 3 2 3 6 6 3 6 7 4

5 6 5 4 7 5 7 6 6 6

7 5 6 7 5 5 6 4 4 5

6 6 6 7 7 5 7 6 7 7

6 5 5 5 4 6 5 5 4 4

6 4 4 5 7 7 6 4 7 3

5 4 2 5 5 4 6 5 6 5

7 7 7 5 4 3 3 4 1 4

71

5 7 6 5 7 6 6 5 7 6

5 5 7 7 6 7 5 7 7 6

6 4 7 6 5 5 6 4 7 4

6 4 6 5 7 6 6 5 7 4

7 5 6 4 4 7 5 6 7 4

7 5 7 6 5 6 7 4 2 6

1 5 3 2 5 6 2 4 3 2

6 5 3 6 7 5 7 4 6 4

2 6 4 5 4 6 7 6 6 7

6 2 5 4 7 4 6 4 7 5

2 5 2 6 3 3 2 4 2 4

4 5 3 7 1 2 4 1 7 4

6 4 7 5 5 6 7 4 5 4

3 6 4 1 7 3 4 1 7 2

5 3 7 6 5 7 5 4 7 5

2 7 4 1 5 3 2 4 2 7

6 4 7 7 5 7 6 5 6 6

3 6 2 1 3 6 1 6 4 7

1 6 2 4 2 5 2 3 1 2

2 4 1 4 5 7 7 1 4 5

6 3 6 3 4 1 7 1 3 1

7 2 5 2 6 3 1 4 2 7

1 7 5 4 6 7 6 2 6 4

5 2 7 1 1 3 4 2 7 5

5 2 7 1 1 3 4 2 7 5

7 1 4 6 4 2 6 2 7 4

7 3 6 1 4 3 1 7 3 6

4 7 4 2 7 4 4 2 7 5

5 3 6 4 6 6 5 2 6 4

5 1 7 4 2 7 2 6 1 7

5 1 7 4 2 7 2 6 1 7

7 7 7 2 4 3 4 2 7 3

7 6 7 5 4 6 5 7 5 6

6 7 6 5 7 7 5 7 7 5

6 7 4 6 7 4 7 5 7 6

3 7 6 7 7 6 6 7 5 7

3 7 5 7 6 6 5 7 5 7

3 7 4 5 5 7 5 6 7 5

7 7 5 6 7 6 5 6 7 5

4 6 7 5 7 4 4 7 6 7

5 7 5 5 7 5 6 7 4 7

72

6 7 5 4 7 5 5 7 4 7

4 6 4 7 5 6 7 5 7 6

4 6 5 6 4 4 4 3 3 5

6 5 4 6 3 5 3 3 3 4

3 4 3 3 4 5 3 2 3 4

4 4 4 6 3 5 4 4 5 5

5 5 4 4 3 4 5 3 3 5

4 4 4 5 3 4 4 2 4 4

4 4 4 4 4 4 4 5 4 4

6 6 5 4 2 4 6 5 6 4

2 2 3 2 1 3 3 4 4 4

3 2 3 3 2 4 5 5 4 6

6 5 6 6 4 4 4 5 5 6

6 5 5 6 4 5 3 5 4 5

6 5 5 6 4 5 3 5 4 5

5 5 6 4 3 4 4 6 5 6

6 6 6 6 5 6 6 6 6 6

3 3 4 2 3 4 4 4 3 5

4 6 2 6 2 5 3 1 5 4

6 6 5 6 4 4 3 3 3 5

2 4 2 3 1 4 3 4 4 5

6 5 5 6 4 5 3 4 4 3

3 3 4 5 3 4 4 4 3 3

3 3 5 4 4 5 3 2 3 3

3 3 4 4 5 3 5 5 4 4

2 3 3 4 4 6 3 4 5 3

4 3 3 5 3 4 4 4 3 5

6 4 3 5 4 4 5 5 3 4

2 1 4 3 3 6 4 4 6 3

3 4 4 2 3 5 3 3 5 4

3 4 4 5 5 3 4 4 3 4

3 5 4 4 2 3 5 4 4 4

6 5 7 6 7 2 7 5 5 7

2 3 3 4 6 3 5 4 4 3

4 4 2 5 5 5 6 5 3 3

3 3 5 4 3 4 3 3 4 5

3 4 4 3 4 4 5 4 4 3

3 5 4 4 4 4 4 3 4 4

1 6 4 5 2 5 7 5 6 5

5 6 5 5 1 4 4 3 2 4

1 6 1 5 3 3 2 3 3 2

73

6 7 5 7 6 7 7 6 5 7

6 4 7 7 6 7 6 5 7 7

7 5 6 7 6 5 7 4 6 6

1 7 1 2 1 3 2 3 3 2

1 3 2 3 2 2 3 5 3 4

6 4 6 7 4 6 5 7 6 4

6 5 6 6 4 4 5 6 6 6

5 4 7 5 4 7 6 3 5 7

5 4 5 5 4 4 5 5 5 4

4 3 6 5 2 7 5 7 6 3

6 4 7 6 4 7 6 5 7 4

5 5 4 5 5 4 5 5 4 5

4 4 4 4 4 4 5 4 5 5

4 4 4 4 4 4 5 4 5 5

7 4 6 5 7 4 6 3 7 4

6 5 7 4 6 5 6 4 7 5

7 5 6 7 5 4 7 5 6 5

6 4 7 6 5 6 6 4 7 6

6 4 7 6 5 4 7 5 6 4

5 4 6 5 4 5 4 6 5 6

4 5 4 5 4 3 5 4 4 5

4 5 4 5 4 3 5 4 4 5

5 6 4 4 4 4 4 6 5 5

6 6 5 5 6 5 6 5 5 6

6 5 7 6 6 5 4 5 4 5

74

Retail Service Quality

Average Physical Aspect Average Reliability

AVPA

1

AVPA

2

AVPA

3

AVPA

4

AVPA

5

AVR

1

AVR

2

AVR

3

AVR

4

AVR

5

5 5 5 5 4 5 5 5 5 5

5 5 6 3 5 3 5 4 4 5

4 5 5 6 6 5 5 5 4 4

7 7 7 7 7 7 7 7 7 7

6 6 7 7 7 7 7 4 5 1

4 3 6 5 7 4 5 6 4 5

7 7 7 7 7 7 7 7 5 5

5 3 5 6 7 7 7 7 7 6

6 5 5 5 6 7 6 4 5 6

4 4 6 5 5 5 5 6 6 5

4 4 5 4 4 4 4 4 4 4

5 6 6 6 6 6 6 4 5 6

7 6 6 7 6 7 7 7 6 6

5 5 6 5 5 5 4 4 5 5

7 7 6 7 6 7 7 7 7 4

6 7 6 6 5 5 5 4 5 5

6 7 7 7 7 7 6 6 7 7

5 6 4 6 7 5 7 5 6 4

6 5 5 5 4 4 4 3 5 6

5 5 5 5 5 5 5 4 5 5

5 6 6 5 5 6 6 6 5 5

4 4 4 4 4 5 4 4 4 4

7 7 7 7 7 7 7 7 7 7

2 2 4 6 6 2 2 2 3 7

4 4 4 4 4 4 4 4 4 4

5 4 5 4 4 3 4 4 5 5

7 5 7 7 6 5 6 2 5 7

6 6 6 6 6 6 6 6 6 6

6 5 5 5 5 6 5 7 7 6

6 7 7 5 6 4 5 5 6 6

7 7 7 7 7 6 5 5 5 5

5 5 5 5 5 5 4 4 5 4

4 4 5 6 4 6 6 5 5 5

7 7 7 7 7 7 7 7 7 7

6 5 6 6 7 6 6 5 6 7

4 5 5 5 5 5 5 5 5 5

6 6 6 6 6 4 5 5 5 5

75

7 7 7 7 7 1 7 7 7 7

4 4 4 4 4 4 4 4 4 4

7 7 7 7 7 7 7 7 7 7

3 4 3 3 3 2 2 2 2 2

3 3 5 4 5 5 5 5 5 3

5 5 5 4 4 5 4 4 4 4

5 5 5 5 5 4 5 4 4 5

5 4 4 4 5 5 5 5 5 5

7 7 6 6 6 7 5 7 6 7

5 5 6 5 6 5 5 4 6 5

6 6 6 6 6 6 6 6 6 6

6 6 6 6 7 7 7 6 6 7

5 6 5 5 5 6 6 5 6 6

5 7 7 7 7 7 7 4 4 7

5 5 5 5 5 5 5 6 5 5

7 5 6 6 6 7 7 7 7 7

6 6 6 6 6 6 6 6 6 6

6 5 6 7 6 6 6 5 5 5

5 5 6 6 7 6 6 6 6 7

6 6 6 6 6 4 4 4 4 6

5 5 5 6 6 5 5 5 5 6

5 5 5 5 5 6 6 6 6 6

6 6 6 6 7 6 6 6 6 5

5 5 6 7 7 6 6 6 6 6

7 7 7 6 7 7 6 6 7 6

5 6 6 6 5 5 5 5 6 4

6 6 6 5 6 6 5 6 6 5

7 6 6 7 7 6 7 7 7 7

7 7 7 7 7 7 7 6 6 6

4 4 5 4 5 3 4 6 5 5

4 4 4 4 4 4 4 4 4 4

5 5 6 6 6 4 5 6 6 4

6 6 7 7 7 6 6 6 4 6

6 6 6 6 6 6 6 6 6 6

7 6 7 4 5 6 5 6 6 6

6 6 7 5 5 5 5 5 5 6

4 4 4 4 4 4 4 4 4 4

6 6 7 5 5 5 5 5 5 6

6 6 7 6 4 4 4 5 5 5

6 6 7 6 5 6 5 6 6 4

7 6 5 6 6 7 6 7 7 7

76

6 6 6 5 4 5 6 5 5 5

5 5 6 6 6 6 6 5 5 5

6 6 7 6 4 4 4 5 5 5

6 5 6 5 6 5 5 6 6 6

5 6 5 4 6 4 4 5 4 5

6 6 7 7 6 6 7 6 6 6

4 5 4 4 4 4 4 4 4 4

7 7 7 7 7 7 7 7 7 7

4 6 4 3 4 6 2 5 5 6

5 6 6 6 6 7 6 6 7 5

5 7 6 6 6 7 5 7 6 7

5 7 6 6 6 7 5 7 6 7

7 6 6 7 6 6 6 6 6 6

6 7 6 6 7 6 7 5 5 5

6 6 5 6 6 6 7 7 7 5

6 6 7 6 7 6 6 7 7 7

6 7 6 6 6 6 6 7 7 6

5 6 5 4 6 4 4 5 4 5

4 5 5 5 5 4 4 4 4 4

3 5 5 5 4 4 3 3 3 4

7 6 7 5 5 5 5 6 7 4

4 5 3 2 3 5 4 3 4 4

7 6 7 7 6 6 7 7 7 7

7 6 7 6 5 6 5 7 5 6

7 6 5 5 4 6 6 5 7 6

3 7 4 3 6 5 3 2 4 3

7 6 5 6 6 4 6 5 6 5

6 5 6 6 6 5 3 6 4 6

4 7 6 3 6 6 6 2 2 1

7 6 4 6 5 7 6 6 5 7

3 5 6 7 6 5 7 6 4 4

6 4 7 6 6 5 7 7 5 6

7 5 6 6 7 6 7 6 6 6

4 6 6 3 5 6 3 6 6 6

7 5 6 6 6 7 7 6 7 7

5 6 4 4 7 5 5 3 4 6

5 7 6 7 6 5 7 6 6 7

4 4 4 5 7 6 3 5 5 6

6 7 5 7 7 7 5 6 5 6

7 6 6 4 5 6 6 4 5 6

5 7 6 6 7 5 6 7 5 7

77

7 4 6 5 7 5 6 7 5 7

7 6 4 5 7 5 6 6 7 7

6 5 7 5 7 5 6 7 5 4

5 6 7 5 6 6 6 5 6 6

6 6 5 5 7 5 6 7 5 5

5 7 5 6 6 5 5 7 6 5

7 5 7 6 4 7 5 4 7 6

4 7 5 6 4 7 6 5 7 5

1 7 4 6 4 4 5 3 7 4

7 4 5 6 5 4 7 6 4 7

3 4 2 6 3 4 2 4 2 2

3 2 5 6 6 6 6 6 1 5

5 3 7 5 5 4 7 6 4 5

1 2 3 4 5 6 7 1 2 4

5 7 5 6 6 5 7 5 7 7

3 1 2 7 5 3 4 4 4 5

5 6 6 4 7 5 7 4 6 5

4 1 7 3 2 6 2 3 1 7

2 3 1 4 1 4 1 5 3 5

1 7 2 4 1 3 2 6 4 1

2 3 1 7 3 5 1 5 3 7

2 6 1 7 4 1 1 5 3 5

7 6 2 5 6 1 7 7 3 5

3 4 6 2 7 5 2 4 6 5

3 4 6 2 7 5 2 4 6 5

7 3 5 7 2 5 3 6 5 4

5 3 5 3 6 3 7 7 5 6

2 4 2 6 3 6 5 2 5 1

2 7 4 2 6 3 5 6 1 6

2 6 3 5 2 7 6 3 4 3

2 6 3 5 2 7 6 3 4 3

5 2 6 4 5 7 3 6 3 7

6 7 4 7 6 6 7 4 7 5

6 5 7 5 6 5 7 4 5 5

7 7 7 7 6 5 7 7 4 6

7 5 5 6 7 6 7 6 6 7

6 7 5 7 6 4 7 6 4 7

7 5 7 6 7 6 7 4 6 6

6 6 7 6 7 5 6 7 4 7

6 7 4 6 7 7 5 6 7 4

6 7 4 5 7 6 7 4 7 5

78

6 7 5 4 6 4 7 6 5 6

6 7 5 7 5 7 5 5 7 7

6 6 5 5 5 5 4 4 4 4

3 4 5 6 6 4 5 5 5 4

4 4 6 5 3 5 5 6 4 4

5 5 5 4 5 6 4 5 5 5

4 3 4 3 5 5 4 4 5 3

4 5 5 5 4 6 6 6 5 5

5 5 5 5 4 4 4 4 4 4

4 3 5 5 3 5 5 5 4 6

4 4 3 3 2 4 2 2 3 4

6 6 5 5 6 4 4 5 5 4

5 6 5 4 6 4 4 5 4 5

5 6 6 5 4 5 5 4 4 5

5 6 6 5 4 5 5 4 4 5

6 7 5 5 4 5 4 6 6 5

6 7 6 5 6 7 6 6 7 5

3 5 3 3 4 5 5 4 4 3

2 6 1 3 3 3 7 2 5 4

3 3 4 5 6 3 3 2 4 3

3 3 6 5 4 4 3 5 3 4

5 6 5 5 4 3 5 5 4 4

6 5 6 4 3 5 5 4 5 3

5 5 4 4 6 5 5 3 4 5

4 4 5 5 2 4 5 4 4 4

3 5 3 6 4 3 5 5 4 5

3 4 4 5 3 4 4 2 3 4

6 6 4 5 6 4 5 4 4 4

6 3 5 5 2 2 2 6 5 3

4 4 2 3 4 4 4 3 6 5

4 5 5 3 6 6 4 4 3 5

5 5 4 3 4 6 5 5 2 4

6 7 6 5 7 6 5 7 5 6

4 4 3 3 5 5 5 3 3 5

4 3 3 6 6 3 3 5 6 4

4 4 3 5 4 2 4 3 4 4

3 4 4 4 5 4 3 5 4 4

6 5 6 4 6 4 5 5 3 6

7 4 6 5 7 6 4 6 6 5

3 3 6 5 5 3 3 6 5 5

6 4 5 7 6 4 6 4 6 5

79

7 6 6 7 4 7 6 5 7 6

7 5 6 7 6 6 7 5 7 5

6 5 7 6 6 7 6 5 7 6

7 4 5 5 7 6 7 5 7 5

6 4 6 5 6 4 6 6 4 7

4 7 4 6 5 7 5 6 5 6

5 4 5 4 5 5 5 5 5 4

5 7 6 5 7 5 7 6 5 7

4 5 5 5 4 4 5 5 4 5

5 7 6 4 6 5 7 7 5 6

7 5 4 6 5 4 7 6 4 6

4 5 5 4 5 5 4 5 4 5

5 4 5 5 5 5 4 5 4 5

5 4 5 5 5 5 4 5 4 5

5 6 4 7 6 4 5 7 5 6

6 5 7 7 5 6 5 7 7 5

7 5 7 6 5 7 6 5 7 7

7 4 6 5 7 4 6 5 7 5

6 4 7 6 5 7 6 5 7 6

5 6 6 5 4 6 5 4 4 4

6 6 6 5 4 6 5 4 4 5

6 6 6 5 4 6 5 4 4 5

7 6 5 4 3 4 4 4 4 5

6 6 7 6 5 5 5 4 4 5

5 6 6 5 5 5 5 4 4 5

80

Retail Service Quality

Average Personal Interaction Average Problem Solving

AVPI

1

AVPI

2

AVPI

3

AVPI

4

AVPI

5

AVPI

6

AVPI

7

AVPS

1

AVPS

2

AVPS

3

5 5 5 5 5 5 5 5 5 5

5 5 5 5 4 4 3 4 4 4

6 6 6 6 6 6 6 6 6 6

7 7 7 7 7 7 7 7 7 7

6 6 6 6 7 7 4 4 4 4

7 6 1 4 4 3 2 4 5 4

6 6 6 6 6 6 6 6 5 4

7 7 7 7 6 7 6 4 5 5

6 6 6 6 6 7 6 6 5 7

6 5 5 5 4 4 6 4 5 5

4 4 4 5 5 5 4 4 4 4

7 7 7 7 7 7 7 5 5 7

6 7 6 7 6 7 7 7 6 6

5 5 4 6 5 5 6 2 4 3

6 4 5 5 7 6 6 6 7 5

6 6 6 6 5 6 6 5 6 6

7 3 7 7 5 7 4 4 4 4

6 5 6 5 4 5 4 4 4 5

6 6 6 6 2 3 3 1 2 3

4 5 5 4 5 4 4 4 4 4

6 5 5 6 5 6 6 5 6 6

4 4 4 4 4 4 4 4 4 4

7 7 7 7 7 7 7 7 7 7

3 3 3 7 3 5 5 5 5 3

3 3 3 3 3 3 3 3 3 3

4 5 4 5 4 4 6 5 4 4

7 7 7 7 7 7 5 4 4 6

6 6 6 6 6 6 6 6 6 6

7 6 6 5 7 5 6 6 6 6

6 5 6 5 6 7 6 6 7 7

7 7 7 7 6 6 6 6 6 6

4 4 4 4 4 4 4 5 5 5

6 4 6 5 4 6 6 4 4 4

7 7 7 7 7 7 7 7 5 5

81

7 7 7 7 6 6 6 7 7 7

5 5 5 5 5 5 5 5 5 5

5 5 5 5 6 6 3 5 3 3

7 7 7 7 7 7 7 7 7 7

4 4 4 4 4 4 4 4 4 4

7 7 7 7 7 7 7 7 7 7

2 2 3 3 2 3 2 2 2 2

5 5 5 5 5 5 5 5 5 5

5 4 4 5 5 5 4 4 5 5

5 4 5 5 5 5 4 4 4 4

4 4 4 5 6 5 5 5 5 4

7 7 7 7 6 6 6 7 7 7

6 6 6 6 6 6 5 4 5 5

7 7 7 7 6 6 6 7 6 6

6 7 7 7 6 6 7 6 7 5

6 4 5 5 5 6 6 5 5 6

7 4 7 4 7 7 4 4 4 4

5 6 5 6 5 4 5 4 5 5

4 7 7 7 7 7 5 6 6 7

5 5 6 6 5 6 6 4 6 5

5 5 6 7 6 6 6 6 5 5

5 6 6 6 6 6 6 6 6 6

7 7 7 5 4 6 4 1 4 2

6 6 6 5 6 5 5 6 5 6

6 3 7 5 3 4 4 3 3 4

6 6 5 6 3 6 6 2 4 6

6 6 6 6 6 6 6 6 6 6

7 6 7 7 7 7 6 6 6 6

5 4 4 4 4 5 4 4 4 4

6 5 6 6 5 5 5 5 6 5

7 7 6 7 7 7 6 7 7 7

6 6 6 6 6 6 6 6 6 6

5 4 4 4 4 4 4 4 4 4

4 4 4 4 4 4 4 4 4 4

6 6 6 6 6 6 6 6 6 6

6 6 6 6 6 6 6 2 4 5

6 6 6 6 6 6 6 6 6 6

5 7 6 6 6 5 5 4 5 5

5 5 6 6 6 6 4 4 5 4

4 4 4 4 4 4 4 4 4 4

5 5 6 6 6 6 4 4 5 4

82

4 6 5 5 6 6 4 4 5 4

6 6 5 5 4 6 6 6 6 6

5 6 6 6 7 7 5 6 5 7

6 6 5 6 5 6 5 4 5 5

5 5 6 6 5 6 6 6 6 6

4 6 5 5 6 6 4 4 5 4

5 5 6 7 6 6 6 5 5 6

5 5 6 4 5 6 6 5 5 5

7 6 6 6 6 6 7 6 7 6

5 5 5 5 5 5 5 4 4 4

7 7 7 7 7 7 7 7 7 7

7 7 1 4 6 4 6 7 3 6

6 6 7 7 6 6 6 7 5 7

6 6 7 6 5 7 6 7 5 6

6 6 7 6 5 7 6 7 5 6

5 6 6 6 6 6 7 5 5 6

7 6 6 6 7 7 6 5 5 6

7 6 7 7 7 6 6 6 7 7

6 6 6 7 7 7 6 5 6 6

7 7 7 6 7 6 6 6 6 7

5 5 6 4 5 6 6 5 5 5

4 4 4 4 4 5 4 4 4 4

5 5 5 3 4 2 2 3 2 2

7 6 7 5 6 7 5 7 7 6

4 4 4 4 4 4 4 5 4 5

7 7 7 7 7 7 7 7 7 7

6 7 5 7 6 5 5 5 7 5

5 6 7 6 5 6 5 7 5 6

5 3 7 7 4 5 5 2 6 6

5 7 6 7 5 4 5 5 6 5

4 6 3 6 5 6 6 6 2 4

6 4 3 5 2 6 2 3 2 6

6 5 7 4 6 7 7 3 5 7

6 3 2 2 6 4 4 2 3 3

5 7 6 5 7 4 6 6 5 5

7 6 6 7 6 6 6 7 7 4

5 6 3 6 2 4 6 6 5 6

4 6 6 5 6 5 5 6 5 6

6 6 6 7 5 5 7 7 5 4

5 6 6 7 7 6 5 7 7 5

7 5 6 5 5 7 4 6 7 5

83

7 7 5 7 6 7 6 2 7 5

7 7 5 6 7 7 6 5 5 7

4 6 5 6 7 7 4 5 7 4

7 6 5 7 6 7 6 7 6 6

6 7 5 7 5 6 6 7 7 6

7 5 6 5 6 7 6 5 6 6

5 7 5 7 7 5 6 7 6 6

6 5 7 5 7 4 6 5 6 4

6 6 5 6 6 6 6 4 7 6

4 6 7 6 6 6 5 6 4 7

7 7 5 6 5 7 5 6 4 7

5 4 5 4 2 4 5 5 5 4

5 5 7 6 5 4 6 6 7 4

6 2 5 3 3 6 2 3 5 5

3 3 5 7 2 4 5 1 7 2

6 5 7 6 7 5 6 5 7 4

3 4 4 5 1 3 7 2 5 3

5 5 7 7 6 7 5 6 5 6

2 7 2 3 6 2 7 4 5 1

7 6 6 4 7 5 7 5 6 6

4 3 6 2 4 4 3 4 1 4

1 7 4 2 5 2 5 4 3 2

6 2 4 1 5 7 1 3 5 2

4 5 2 3 7 2 5 2 1 6

2 7 5 3 6 3 3 5 3 4

2 6 6 3 7 4 3 6 5 5

1 7 2 6 4 3 7 7 2 4

1 7 2 6 4 3 7 7 2 4

2 4 1 7 6 4 6 4 3 1

6 7 2 4 3 5 3 6 3 4

6 3 6 5 1 4 6 7 1 5

4 2 6 3 5 4 7 4 1 5

7 3 4 1 4 6 2 7 4 3

7 3 4 1 4 6 2 7 4 3

3 6 1 6 4 7 1 5 4 2

6 7 5 7 6 6 7 5 7 6

7 6 6 7 6 5 7 6 5 7

7 4 7 6 7 7 6 7 5 6

7 6 6 7 5 6 6 7 6 4

4 6 7 7 6 5 6 4 6 5

7 5 5 7 4 6 6 5 5 7

84

5 6 7 5 7 5 7 5 7 5

6 7 5 6 7 4 7 5 7 6

7 6 6 7 6 5 6 4 7 7

7 7 6 5 6 7 6 6 7 5

5 7 4 7 6 4 6 7 5 6

5 5 5 4 5 5 5 4 4 5

5 6 4 3 4 4 5 5 6 4

5 5 3 5 4 6 3 4 4 6

3 3 4 4 4 4 5 4 4 4

4 6 5 5 4 4 5 4 4 5

5 5 4 5 5 6 5 5 6 5

5 4 5 5 4 3 5 4 4 5

5 4 4 6 5 6 4 3 3 2

4 4 2 4 3 3 4 3 3 5

4 4 5 5 6 3 4 3 3 4

5 5 6 4 5 6 6 5 5 5

6 6 5 5 5 5 4 4 5 5

6 6 5 5 5 5 4 4 5 5

6 7 6 5 5 6 5 4 4 4

6 7 7 7 6 7 6 6 6 6

3 4 3 3 6 5 2 5 4 3

6 3 6 3 6 2 6 4 7 3

4 3 5 3 6 6 4 3 3 4

3 3 6 4 4 2 3 3 3 5

3 4 5 4 3 4 4 6 5 6

3 2 4 6 5 5 3 4 4 5

5 4 4 6 3 4 4 3 5 5

4 3 4 5 6 5 4 3 3 4

5 3 6 6 5 5 5 3 4 3

3 4 4 2 5 5 3 5 6 3

4 6 3 5 4 4 4 5 4 4

4 5 4 4 6 5 3 4 4 3

5 5 3 3 2 4 5 3 2 4

5 5 5 4 5 3 4 4 4 2

5 5 4 6 6 4 4 4 4 3

6 5 7 7 6 4 7 7 6 7

6 5 5 5 3 3 4 4 4 5

4 4 4 3 5 5 3 3 5 5

4 3 3 4 5 3 3 4 4 5

3 5 3 5 5 4 4 4 3 5

3 5 4 6 4 2 5 5 2 5

85

6 7 6 5 7 6 6 5 5 6

3 4 4 3 5 5 3 4 4 3

7 4 6 4 7 6 5 7 5 6

6 7 6 7 6 7 4 7 6 6

7 6 7 5 7 6 7 1 5 7

6 7 5 7 6 7 5 6 7 6

6 7 4 6 7 5 6 7 4 7

5 6 4 7 5 7 6 5 5 6

7 5 6 6 5 7 6 5 6 6

5 5 5 5 5 5 5 5 5 5

6 5 7 6 5 7 5 6 5 7

4 5 5 5 5 5 5 5 5 5

4 7 6 5 7 5 7 6 4 7

5 7 5 6 5 4 6 5 7 6

5 5 4 4 5 5 4 5 5 5

4 5 5 5 4 5 4 5 4 5

4 5 5 5 4 5 4 5 4 5

3 4 6 5 7 4 6 5 7 6

6 5 4 6 6 7 5 7 6 4

6 6 7 4 6 7 4 6 5 7

5 7 7 6 7 5 7 5 7 5

5 7 6 4 6 6 7 5 6 4

5 6 5 4 5 5 4 4 3 5

6 6 5 5 5 5 4 4 5 5

6 6 5 5 5 5 4 4 5 5

5 6 4 5 5 5 4 4 4 4

6 6 5 5 6 6 4 4 5 5

4 5 5 6 5 5 4 4 4 5

86

Retail Service Quality

Perceived Value Average Policy

AVP

O1

AVP

O2

AVP

O3

AVP

O4

AVP

O5

Valu

e1

Valu

e2

Valu

e3

Valu

e4

Valu

e5

Valu

e6

Valu

e7

5 4 4 6 5 5 4 3 4 4 4 4

5 2 4 4 4 3 3 3 3 3 3 4

6 3 6 6 5 6 6 3 6 4 6 5

7 7 7 7 7 7 7 6 7 6 7 7

6 6 6 5 5 5 6 5 4 5 6 5

7 6 3 4 2 4 6 5 7 2 3 5

6 5 5 6 5 7 7 5 5 5 5 5

4 1 7 7 5 2 1 1 2 1 1 2

6 5 7 7 6 5 6 5 5 6 6 5

5 5 4 5 4 5 5 3 4 4 4 5

4 4 4 4 4 4 4 4 4 4 4 4

7 7 7 7 7 7 7 5 5 4 4 5

6 7 6 7 6 7 7 6 7 6 7 7

4 4 5 4 4 4 6 3 5 5 4 4

6 6 5 6 7 6 7 5 7 7 7 4

6 5 6 6 6 5 7 5 5 4 5 5

7 1 3 3 3 1 4 4 3 1 3 6

7 7 4 5 5 7 4 4 4 3 4 5

4 5 7 7 5 1 1 3 4 6 7 4

5 5 5 4 4 5 4 5 5 4 4 5

5 7 6 5 5 6 5 6 5 7 5 6

4 4 4 4 4 4 4 4 5 5 1 4

7 1 7 7 7 7 7 4 7 7 7 7

5 3 5 5 5 3 3 6 5 2 7 1

3 3 3 3 3 4 4 4 4 4 4 4

5 4 5 4 3 4 4 5 4 3 4 4

7 5 7 6 5 7 7 7 7 5 7 6

6 6 6 6 6 7 6 6 7 6 6 6

6 6 6 6 6 6 6 6 6 6 6 6

7 5 6 6 7 6 7 5 6 7 6 6

87

7 6 6 7 5 6 7 5 5 5 6 6

5 5 5 5 5 5 5 5 5 4 5 5

5 4 4 5 4 4 4 4 4 4 4 4

7 5 4 6 7 7 7 7 7 4 7 7

7 1 6 4 4 7 7 7 7 7 7 7

5 5 5 5 5 7 7 7 6 6 6 6

4 1 5 3 3 5 5 3 4 3 3 4

7 7 7 7 7 7 7 1 7 1 1 1

4 4 4 4 4 4 4 4 4 4 4 4

7 7 5 7 7 7 7 7 7 5 6 7

3 1 1 2 2 3 2 3 2 2 3 3

5 3 3 3 3 5 5 5 3 3 3 3

6 5 5 5 4 4 5 4 5 4 5 5

5 3 3 4 4 5 5 5 5 4 5 5

5 7 6 6 6 6 6 1 5 3 4 5

7 7 6 5 5 7 7 4 7 6 6 6

6 3 7 6 4 5 5 5 5 5 6 5

6 5 5 5 6 6 6 7 7 7 7 6

7 7 7 7 6 7 7 7 7 7 7 7

6 6 5 5 5 5 6 5 5 5 6 6

7 7 7 4 4 7 7 3 7 3 4 4

5 5 4 6 6 5 5 4 5 5 5 5

7 6 7 6 7 6 7 6 7 6 7 6

6 5 4 6 5 6 5 5 6 4 5 6

6 5 6 6 6 5 4 5 5 5 5 4

7 5 6 7 6 6 6 5 5 6 6 5

6 4 4 4 4 5 4 3 4 4 5 5

6 6 6 5 5 4 5 5 5 5 5 6

6 3 6 7 4 6 4 2 5 3 6 5

5 4 6 6 6 6 6 6 6 4 6 6

6 6 6 6 5 7 7 5 6 6 6 5

6 6 6 7 6 6 5 5 6 6 7 4

4 5 4 4 4 4 6 5 3 4 5 4

6 6 6 5 5 5 6 5 6 6 5 6

6 5 7 7 6 6 6 7 6 5 7 6

7 7 7 7 7 7 7 5 6 6 6 6

7 5 7 5 6 6 6 4 4 4 4 4

4 4 4 4 4 5 4 4 4 4 5 4

7 5 6 7 6 5 5 4 4 5 5 5

6 3 5 6 5 7 7 6 6 6 6 6

6 6 6 6 6 6 5 2 2 3 6 6

88

6 3 5 6 4 6 5 6 6 6 7 6

6 3 5 7 4 4 5 6 5 5 6 5

4 4 4 4 4 4 4 4 4 4 4 4

6 3 5 7 4 4 5 6 5 5 6 5

6 3 5 6 4 6 5 4 5 4 5 5

6 6 6 6 6 6 6 4 7 6 5 6

7 2 6 7 6 7 6 6 7 6 7 5

6 2 5 6 4 6 5 6 6 5 5 5

6 2 5 6 5 6 6 5 6 6 5 5

6 3 5 6 4 6 5 4 5 4 5 5

6 5 6 6 5 5 6 5 6 5 6 6

5 3 4 6 4 5 5 5 5 6 4 5

7 7 6 6 5 6 7 6 5 6 7 6

4 4 4 4 4 3 3 3 4 3 3 3

6 7 7 7 7 7 7 7 7 7 7 7

6 4 6 7 4 7 7 7 7 7 7 7

6 6 6 7 7 6 7 6 4 7 5 6

6 6 5 6 6 6 7 6 6 7 7 7

6 6 5 6 6 6 7 6 6 7 7 7

6 7 7 6 6 6 7 6 7 6 6 6

6 6 6 5 6 6 7 5 7 6 6 6

6 7 7 6 6 6 6 5 5 5 6 6

6 6 6 6 6 7 6 6 5 5 6 6

6 6 6 7 7 7 5 6 7 5 6 6

5 3 4 6 4 5 5 5 5 6 4 5

4 4 4 4 4 4 4 2 4 3 4 4

2 2 3 3 4 6 6 5 4 4 4 4

7 6 6 7 5 6 5 6 6 6 5 5

3 3 4 4 4 4 4 5 3 4 4 5

7 7 7 7 7 7 7 7 7 7 7 6

7 6 7 5 5 7 5 6 6 5 7 6

6 6 6 7 6 7 6 6 5 6 7 4

5 6 3 6 6 5 4 4 7 5 4 3

5 3 5 6 4 6 7 4 7 7 4 5

2 6 3 6 3 5 6 6 5 5 6 6

3 6 3 3 2 7 4 3 4 4 3 3

5 6 7 7 6 7 6 6 7 5 6 6

3 5 2 4 6 5 5 5 5 5 6 5

6 2 7 3 6 5 6 7 4 6 5 7

6 6 7 5 6 5 6 5 7 7 7 6

6 7 4 5 5 6 5 5 7 3 6 6

89

6 5 5 7 7 7 7 6 7 5 6 7

3 4 4 5 7 5 4 4 2 4 7 4

7 2 5 6 6 5 7 6 6 6 7 6

6 5 4 7 5 5 5 5 5 5 6 7

5 6 6 7 5 6 7 4 6 7 5 7

6 6 6 6 7 5 6 4 5 5 5 5

6 5 7 7 5 5 4 6 4 6 6 6

6 4 6 7 5 7 7 6 6 5 6 5

6 6 5 7 5 7 6 7 5 6 7 6

7 4 6 6 7 5 7 4 6 5 7 4

5 7 5 6 7 7 6 7 4 6 6 7

7 6 7 6 7 6 5 5 5 5 7 5

7 6 5 7 6 6 4 7 4 5 7 6

6 1 5 6 2 6 4 6 5 7 4 5

6 5 7 5 6 5 7 6 4 6 5 6

5 7 1 2 7 7 2 7 1 4 2 6

7 5 6 5 5 4 7 6 6 5 5 4

3 7 2 5 3 3 3 3 4 1 4 2

6 4 3 5 3 1 7 2 4 3 5 3

6 6 7 5 6 6 4 6 4 7 6 5

4 1 7 7 3 7 2 4 3 5 2 5

6 7 6 4 6 5 7 6 5 7 6 7

4 4 3 4 4 2 4 2 3 5 2 3

5 7 6 6 4 4 7 5 7 6 5 7

3 7 1 3 6 2 6 3 5 2 3 5

7 4 3 5 4 7 2 4 2 1 4 2

4 7 1 5 2 2 6 7 1 4 2 5

5 3 3 6 1 3 2 7 2 1 6 4

2 2 6 4 5 1 3 5 3 4 3 7

3 5 4 7 6 1 7 4 5 2 5 4

6 1 4 2 4 4 2 3 7 6 5 3

6 1 4 2 4 4 2 3 7 6 5 3

6 4 6 3 5 4 2 6 4 2 6 6

1 7 4 2 6 6 2 7 4 2 6 4

4 3 3 6 2 4 3 6 2 6 6 6

3 5 3 1 7 3 5 1 6 4 5 1

5 6 4 7 6 1 7 3 5 2 6 3

5 6 4 7 6 1 7 3 5 2 6 3

6 4 7 1 6 3 2 7 4 7 3 7

7 7 4 6 7 4 7 7 4 6 5 6

4 7 6 5 5 6 7 5 6 7 7 6

90

7 5 7 5 7 7 5 6 4 6 6 7

7 6 6 7 5 6 7 7 5 7 4 7

6 7 7 5 6 6 7 4 7 6 4 7

6 7 7 7 7 7 4 6 7 4 7 6

7 5 7 7 6 6 7 7 5 7 5 6

6 5 5 7 5 6 7 4 6 7 5 7

6 4 6 7 5 5 7 5 6 5 6 7

6 7 4 7 4 6 7 4 6 4 7 5

6 7 5 7 6 5 7 6 5 7 5 6

5 5 4 4 6 5 6 4 6 5 5 6

3 3 2 4 5 5 4 6 5 5 4 5

6 4 4 6 5 3 4 4 3 5 6 6

3 3 3 4 4 3 5 5 5 5 3 4

4 3 4 4 4 4 4 5 4 5 5 4

5 6 5 5 5 4 5 6 5 6 6 5

5 5 4 5 5 4 4 4 4 4 5 5

5 3 4 3 3 2 3 3 2 6 4 4

4 5 5 4 4 4 3 3 5 5 4 4

2 2 4 5 3 5 5 5 4 6 5 5

5 3 4 6 4 5 5 5 5 6 4 5

5 2 5 6 4 6 5 5 5 5 5 5

5 2 5 6 4 6 5 5 5 5 5 5

6 2 5 6 4 5 6 5 5 4 5 6

7 6 6 6 6 6 7 6 6 7 5 7

4 4 2 5 4 6 3 4 4 5 3 6

7 6 6 4 7 4 2 5 3 7 3 3

4 2 6 3 2 4 4 3 6 5 4 4

4 3 4 4 4 3 6 4 2 5 5 4

5 5 6 7 6 4 4 5 3 6 4 3

3 6 3 4 4 6 6 4 5 5 6 5

5 4 4 5 4 4 4 4 5 5 5 4

4 6 4 4 4 5 6 5 5 3 5 4

4 5 2 5 5 4 4 5 3 4 6 5

4 5 3 4 4 4 3 3 6 5 4 4

5 5 4 5 6 6 4 5 5 4 4 5

3 6 5 5 3 4 4 5 2 5 4 4

3 5 4 4 3 2 4 4 2 5 5 4

4 5 5 3 3 4 4 5 3 6 5 4

5 5 4 5 4 4 3 4 4 4 4 4

7 7 7 6 6 5 5 7 6 5 7 7

3 4 4 5 3 4 4 3 4 4 3 3

91

3 5 3 6 5 4 4 5 5 4 3 5

5 4 6 4 4 4 4 3 2 4 5 5

4 5 4 4 6 5 5 4 4 4 5 6

4 6 3 4 4 4 3 4 4 5 6 5

7 7 4 7 6 7 5 6 5 7 5 7

4 5 4 4 2 4 4 3 4 5 5 3

5 7 5 7 4 6 4 2 5 3 4 5

7 5 7 6 5 7 6 5 7 6 5 7

6 5 7 6 7 6 5 7 7 4 6 5

6 5 7 6 5 7 5 6 5 7 6 6

5 7 6 7 5 5 5 6 4 3 6 3

6 6 4 7 5 6 4 3 6 4 5 5

7 4 5 6 5 7 5 6 6 7 7 5

5 5 5 5 5 5 5 4 4 4 5 5

6 5 7 6 5 5 6 5 7 6 4 7

5 5 5 5 5 5 5 5 4 5 4 5

7 6 5 7 5 6 4 7 5 6 3 7

5 7 5 6 5 6 4 5 7 5 5 4

5 5 5 5 5 4 5 4 5 5 5 5

5 5 5 5 5 4 5 4 4 4 4 5

5 5 5 5 5 4 5 4 4 4 4 5

5 4 6 5 6 6 3 7 5 4 5 7

7 6 5 7 6 7 5 4 6 5 7 4

6 5 7 7 5 7 6 5 7 4 6 5

6 5 7 6 5 6 5 7 4 6 5 6

7 6 5 7 6 7 6 4 7 6 5 7

6 3 4 6 3 5 5 4 5 5 5 5

6 1 5 6 3 5 5 4 5 4 5 5

6 1 5 6 3 5 5 4 5 4 5 5

5 2 5 6 4 5 5 4 4 4 4 5

6 3 5 7 4 6 6 6 6 5 6 5

5 2 5 6 4 5 6 4 5 5 5 5

92

Customer Satisfaction

Customer Loyalty

Behavior Loyalty Attitudinal Loyalty

CS

1

CS

2

CS

3

CS

4

CS

5

CS

6

CLBL

1

CLBL

2

CLBL

3

CLAL

1

CLAL

2

CLAL

3

5 5 5 5 5 5 5 5 4 4 5 4

3 3 4 3 3 3 4 3 3 3 3 3

6 6 6 6 6 5 6 6 4 3 4 4

7 7 7 7 7 7 7 7 7 7 7 7

6 6 6 5 5 5 6 7 7 7 6 5

5 4 3 6 5 4 7 6 4 6 3 5

6 6 6 6 6 5 7 7 6 4 6 2

6 6 4 3 4 4 5 5 4 2 3 1

7 7 6 6 5 7 6 5 7 5 7 6

6 5 6 6 5 6 5 6 5 5 6 5

4 4 4 5 5 4 4 4 4 4 4 4

7 7 7 7 7 7 7 7 7 7 7 7

7 7 6 7 6 7 7 7 6 7 6 7

4 5 5 5 5 5 5 6 4 3 4 5

6 5 6 7 6 5 6 7 5 6 7 4

6 7 4 6 6 4 6 6 5 3 6 4

7 7 6 5 4 4 7 7 5 3 3 3

5 4 4 7 6 7 5 5 4 4 6 4

5 7 4 3 7 7 5 4 3 2 6 4

5 5 5 5 5 4 4 4 3 3 4 3

7 5 5 6 5 6 6 6 6 5 6 5

4 1 1 3 1 4 4 4 4 4 4 4

7 7 7 7 7 7 7 7 7 2 7 4

5 5 5 5 5 5 5 5 3 3 5 3

3 3 3 3 3 3 3 3 3 3 3 3

4 5 3 4 5 3 4 6 3 4 5 4

6 6 5 6 6 6 7 7 6 5 6 6

6 6 6 6 6 6 6 6 7 5 6 6

6 6 6 7 7 7 7 6 6 6 6 6

6 6 6 6 7 7 5 6 6 6 6 6

7 7 7 7 7 6 6 6 5 5 7 5

5 5 5 5 5 4 5 5 4 3 5 4

5 5 4 4 4 4 5 5 5 2 6 4

7 7 7 7 7 7 7 7 7 4 7 5

7 7 7 7 7 7 7 7 6 5 7 7

7 6 6 6 6 6 6 6 6 4 5 5

5 5 4 4 3 3 5 5 4 3 4 3

93

7 7 7 7 7 7 7 7 7 7 7 7

5 5 5 5 5 5 5 5 5 5 5 5

7 7 7 7 7 5 7 7 7 7 7 5

2 3 2 3 2 2 2 2 2 1 3 1

5 5 5 5 5 5 5 5 5 5 5 5

5 5 5 6 5 4 6 6 6 5 5 4

5 5 5 5 5 5 5 6 5 4 5 4

6 6 6 6 6 6 6 6 6 6 6 6

2 6 2 6 6 6 5 6 6 6 7 7

6 5 5 6 6 5 5 5 4 3 5 3

6 6 6 6 6 7 7 7 7 7 7 7

6 7 6 6 7 6 7 6 6 6 6 7

6 7 4 4 5 4 3 3 5 4 5 5

7 7 5 4 4 5 7 7 4 2 5 2

5 5 5 6 6 6 6 6 4 3 6 4

7 7 7 7 7 7 7 7 6 7 7 7

5 6 6 6 6 6 6 6 5 4 6 6

6 6 6 6 6 6 6 6 6 4 7 5

6 6 6 6 5 6 6 6 6 6 6 6

6 6 6 5 4 4 6 6 5 3 4 3

7 6 6 7 5 6 6 6 5 6 6 5

4 4 4 4 4 4 4 4 4 4 4 4

6 7 6 6 6 6 6 5 5 3 5 5

6 6 6 6 6 6 7 6 5 6 6 7

7 6 6 6 5 7 7 6 6 7 7 6

4 4 4 4 4 4 3 4 3 2 4 2

5 6 5 6 6 5 4 6 5 5 6 6

7 6 7 6 6 6 6 6 6 5 6 5

7 7 7 7 7 7 7 7 7 5 7 5

6 6 6 6 6 6 6 6 6 6 6 6

4 4 4 5 4 5 4 4 4 4 4 4

7 7 7 7 7 7 7 7 5 5 7 5

6 7 7 7 5 5 6 6 6 6 6 5

4 4 4 4 4 4 7 6 5 3 6 3

5 5 6 5 6 6 6 7 6 5 5 6

5 5 6 5 5 5 6 6 6 5 6 5

4 4 4 4 4 4 4 4 4 4 4 4

5 5 6 5 5 5 6 6 6 5 6 5

5 5 5 5 6 6 6 5 5 5 5 4

6 6 5 5 4 6 7 6 4 5 6 4

7 6 5 6 6 6 7 6 7 5 6 7

94

6 6 5 6 6 5 6 5 5 5 6 5

6 6 5 5 5 6 6 6 6 4 5 4

5 5 5 5 6 6 6 5 5 5 5 4

6 6 7 7 6 6 6 5 6 4 5 5

6 5 6 5 5 5 7 6 5 5 5 5

6 7 6 7 6 5 6 5 4 6 6 3

4 4 5 6 6 5 4 6 5 4 5 5

7 7 7 7 7 7 7 7 7 7 7 7

6 1 1 3 4 3 5 6 4 2 1 2

7 6 5 7 7 7 7 6 7 7 6 6

5 6 7 7 5 6 6 6 6 6 7 6

5 6 7 7 5 6 6 6 6 6 7 6

5 6 6 6 7 6 7 6 5 6 6 7

5 6 5 6 5 7 5 5 7 7 6 6

6 6 6 7 7 7 7 6 6 6 6 6

6 6 5 6 6 6 6 6 6 6 7 7

6 5 7 6 7 6 7 6 6 5 7 4

6 5 6 5 5 5 7 6 5 5 5 5

4 4 3 4 3 4 4 5 5 5 5 5

4 4 4 4 4 4 4 4 4 4 4 4

7 6 5 6 5 6 7 7 6 6 7 4

5 4 4 5 5 4 4 5 4 4 3 4

7 7 7 7 7 7 7 7 7 7 7 7

6 7 6 5 6 5 7 6 5 6 7 6

7 6 6 5 6 6 6 5 7 3 6 7

7 4 5 6 6 6 7 4 6 4 7 4

7 7 7 7 5 6 5 6 6 5 5 4

5 6 6 4 4 4 4 6 6 6 4 5

4 6 6 5 6 4 6 7 5 3 3 2

7 6 5 7 6 6 5 7 7 6 7 6

4 6 6 3 4 5 4 6 6 3 6 6

5 6 7 4 6 6 4 5 6 7 6 7

7 5 6 7 6 6 7 6 7 6 7 6

5 3 7 3 7 4 7 6 5 2 7 5

6 5 6 7 5 6 7 7 7 5 7 7

6 4 3 4 6 5 6 5 6 6 5 6

7 5 6 5 6 6 7 5 5 6 7 5

5 5 6 7 6 7 7 7 5 3 5 5

5 7 5 6 7 5 6 7 5 6 6 7

7 5 7 5 6 6 7 5 7 3 7 7

5 6 5 6 6 7 6 7 4 6 7 6

95

7 5 7 6 7 4 7 5 6 5 7 6

7 5 6 7 5 6 7 5 3 6 5 7

7 5 6 5 6 6 5 7 6 4 6 7

6 5 7 7 6 6 6 5 6 7 6 6

5 7 6 6 5 7 4 7 7 6 7 6

6 6 5 7 7 7 6 5 5 6 5 7

6 3 6 5 3 6 4 6 5 7 4 6

5 6 7 5 6 5 6 5 4 5 7 7

2 5 2 4 3 2 2 5 2 2 4 2

6 4 7 5 5 5 6 4 7 5 7 6

3 5 2 5 3 6 4 5 3 1 4 6

3 5 3 3 7 3 3 4 2 7 1 5

6 5 7 6 5 5 6 5 7 5 7 6

3 6 2 7 6 1 4 2 3 7 1 3

6 5 7 5 6 5 6 5 6 5 6 5

4 1 2 3 7 1 4 2 5 2 4 2

5 7 6 5 6 7 4 6 5 6 7 7

2 5 3 1 7 6 3 5 4 2 5 2

7 2 5 3 2 6 3 5 1 3 2 7

2 6 3 3 1 3 3 6 1 4 2 6

7 2 6 3 2 7 2 5 3 7 2 2

1 7 5 2 5 2 5 5 2 6 2 7

2 6 2 4 6 3 2 4 3 7 1 6

7 7 4 6 3 5 4 2 4 5 4 7

7 7 4 6 3 5 4 2 4 5 4 7

6 2 7 3 6 1 7 2 4 6 4 3

3 6 2 5 4 7 3 7 4 6 1 5

5 2 5 1 7 6 3 7 4 6 1 4

4 2 7 1 5 2 6 3 1 6 3 7

2 2 1 7 4 1 3 7 2 2 4 1

2 2 1 7 4 1 3 7 2 2 4 1

7 3 5 4 7 2 3 4 6 7 5 4

5 7 6 7 6 7 5 7 5 6 7 5

7 5 6 7 5 4 7 7 7 6 7 1

7 6 5 7 5 6 7 7 6 7 7 6

7 6 4 6 7 4 7 5 6 6 6 6

6 6 7 5 5 7 6 7 4 6 6 5

7 6 5 5 6 6 4 6 6 7 5 6

5 6 7 5 4 7 7 6 4 7 5 4

6 7 1 6 7 5 6 6 7 5 7 4

7 5 6 7 5 7 5 7 4 7 4 6

96

5 7 4 6 7 7 7 5 7 6 7 6

5 7 5 7 5 5 5 5 6 7 7 5

6 5 5 5 5 5 4 5 4 3 5 3

4 5 6 6 4 5 4 4 6 6 5 3

3 4 4 2 5 4 4 4 6 6 6 5

6 5 4 4 6 4 5 5 4 3 5 4

5 4 5 5 4 4 4 4 4 5 5 4

4 5 5 6 5 5 4 4 4 3 4 3

4 4 5 5 5 4 4 5 4 4 6 4

4 4 3 2 1 3 3 4 3 1 1 2

4 4 3 3 5 6 4 3 2 1 1 2

5 4 5 5 3 5 6 3 4 3 3 3

6 5 6 5 5 5 7 6 5 5 5 5

5 5 6 5 5 5 6 5 5 5 5 5

5 5 6 5 5 5 6 5 5 5 5 5

6 5 6 6 5 5 6 5 6 5 6 5

5 5 7 6 7 7 6 5 6 6 4 6

5 5 4 5 3 3 3 2 2 3 3 4

6 6 6 7 6 5 6 6 6 6 7 6

3 2 5 3 4 3 3 5 4 4 4 4

3 3 5 5 5 2 3 4 5 3 4 7

7 5 6 6 4 6 6 6 4 4 5 5

4 4 6 3 5 5 3 4 4 4 5 5

4 4 6 5 6 5 2 3 3 5 4 4

4 4 3 5 4 4 4 3 3 4 4 4

4 4 6 5 7 6 3 4 4 3 4 5

3 4 5 4 6 6 3 3 2 4 4 3

5 5 4 4 5 4 4 4 3 5 6 6

3 5 5 4 4 2 3 3 4 6 5 3

3 4 4 3 3 6 4 4 5 3 4 5

4 5 4 5 2 4 5 5 3 5 4 5

6 6 4 5 5 6 3 4 4 3 5 4

7 5 7 6 7 7 5 7 6 5 7 6

3 3 2 5 4 4 6 6 5 4 3 4

4 4 6 5 6 5 3 3 5 4 3 4

4 4 4 6 5 4 5 3 4 4 4 3

4 3 5 6 4 3 4 3 4 4 5 3

4 5 5 3 4 4 5 5 4 3 5 4

5 7 6 5 7 6 6 5 7 6 5 7

5 3 6 4 7 6 5 1 6 3 5 1

7 5 5 6 5 7 7 4 6 5 7 5

97

7 5 7 6 5 7 7 7 4 7 6 7

7 6 5 7 7 6 7 5 6 7 5 6

7 7 4 6 6 6 7 6 4 7 5 6

6 4 7 6 4 7 6 6 7 6 5 7

6 4 7 5 6 4 6 5 7 5 5 6

6 5 7 4 5 7 6 5 5 1 7 2

5 5 5 5 5 5 5 5 5 5 5 5

7 4 6 5 7 6 6 4 7 7 6 5

4 5 4 5 5 5 5 4 5 5 5 4

6 5 6 7 4 6 6 4 5 5 7 6

7 5 4 6 5 7 7 4 6 5 7 5

4 5 5 5 5 5 4 5 5 5 4 5

5 4 5 5 5 5 4 5 4 5 5 4

5 4 5 5 5 5 4 5 4 5 5 4

7 5 4 7 6 4 6 5 7 6 4 5

6 4 7 6 5 7 6 5 7 6 5 7

6 5 7 6 5 7 7 6 5 7 7 5

5 5 7 7 6 7 6 5 7 6 6 6

6 4 7 5 7 6 7 5 6 5 6 7

6 6 5 5 5 5 5 5 5 6 6 5

5 5 5 4 5 5 5 4 4 4 5 4

5 5 5 4 5 5 5 4 4 4 5 4

5 5 4 4 5 5 5 5 4 4 5 5

6 6 5 5 5 6 6 6 5 5 6 5

5 6 5 5 5 5 5 6 5 4 5 4

98

Appendix 4.1 KMO and Bartlett’s Test

KMO and Bartlett's Test

Kaiser-Meyer-Olkin Measure of Sampling

Adequacy.

.929

Bartlett's Test of

Sphericity

Approx. Chi-Square 2483.117

Df 153

Sig. .000 Source: SPSS ver. 24 Output

Appendix 4.2 Total Variance Explained

Source: SPSS ver. 24 Output

Total Variance Explained

Co

m

po

ne

nt

Initial Eigenvalues

Extraction Sums of

Squared Loadings

Rotation Sums of

Squared Loadings

Total

% of

Varian

ce

Cumul

ative

% Total

% of

Varian

ce

Cumul

ative

% Total

% of

Varian

ce

Cumul

ative

%

1 8.512 47.291 47.291 8.512 47.291 47.291 4.211 23.397 23.397

2 1.496 8.309 55.600 1.496 8.309 55.600 2.373 13.182 36.579

3 1.253 6.960 62.560 1.253 6.960 62.560 1.866 10.364 46.943

4 1.014 5.633 68.193 1.014 5.633 68.193 1.805 10.025 56.968

5 .784 4.356 72.549 .784 4.356 72.549 1.772 9.845 66.813

6 .639 3.550 76.099 .639 3.550 76.099 1.672 9.286 76.099

99

Appendix 4.3 Communalities

Communalities

Initial

Extractio

n

CS1 1.000 .706

CS3 1.000 .724

CS6 1.000 .814

Value3 1.000 .698

Value5 1.000 .640

Value7 1.000 .744

Image2 1.000 .850

Image4 1.000 .627

Image5 1.000 .713

Price2 1.000 .814

Price4 1.000 .758

CLAL1 1.000 .762

CLAL3 1.000 .823

AVPA 1.000 .800

AVR 1.000 .828

AVPI 1.000 .879

AVPS 1.000 .735

AVP 1.000 .779

Extraction Method: Principal

Component Analysis.

Source: SPSS ver. 24 Output

100

Appendix 4.4 Rotated Component Matrix

Rotated Component Matrixa

Component

1 2 3 4 5 6

CS1 .571

CS3 .630

CS6 .719

Value3 .757

Value5 .713

Value7 .719

Image2 .873

Image4 .524

Image5 .542

Price2 .802

Price4 .770

CLAL1 .735

CLAL3 .828

AVPA .760

AVR .788

AVPI .769

AVPS .678

AVP .745

Extraction Method: Principal Component Analysis.

Rotation Method: Varimax with Kaiser Normalization.a

a. Rotation converged in 12 iterations.

Source: SPSS ver. 24 Output

Appendix 4.5 Reliabilty

Variable Cronbach‟s Alpha

Brand Image 0.701

Price 0.762

Retail Service Quality 0.937

Perceived Value 0.766

Customer Satisfaction 0.783

Customer Loyalty 0.739

Source: Constructed by researcher

101

Appendix 4.6 SEM Diagram

Source: AMOS ver. 24 Output

Appendix 4.7 Goodness-of-fit Criteria and Result

Goodness-of-Fit Measure Cut of Value Result Interpretation

CMIN x 5.00 1.860 Accepted

GFI x ≥ 0.9 0.909 Accepted

AGFI x ≥ 0.9 0.866 Rejected

RMSEA x 0.08 0.062 Accepted

IFI x ≥ 0.95 0.959 Accepted

TLI x ≥ 0.95 0.945 Rejected

CFI x ≥ 0.95 0.958 Accepted

Source: Constructed by researcher

Appendix 4.8 Multiple Square Correlation

Estimate

Perceved_Value

1.063

Customer_Satisfaction

.664

Customer_Loyalty

.486

Source: AMOS ver. 24 Output

102

Appendix 4.9 Hypothesis Testing

Estim

ate S.E. C.R. P

Lab

el

Perceved

_Value <---

Brand

_Imag

e

.042 .083 .501 .616 par

_13

Perceved

_Value <--- Price -.044 .039

-

1.15

3

.249 par

_14

Perceved

_Value <---

Retail

_Servi

ce_Qu

ality

.704 .136 5.18

2 ***

par

_15

Customer

_Satisfact

ion

<---

Percev

ed_Va

lue

1.466 .217 6.75

2 ***

par

_18

Customer

_Loyalty <---

Percev

ed_Va

lue

.603 .288 2.09

6 .036

par

_20

Customer

_Loyalty <---

Custo

mer_S

atisfac

tion

.460 .178 2.58

9 .010

par

_21

Source: AMOS ver. 24 Output

103

Appendix 4.10 Standardized Regression Weight

Estimate

Perceved_Value <--- Brand_Image .072

Perceved_Value <--- Price -.097

Perceved_Value <--- Retail_Service_Quality 1.032

Customer_Satisfaction <--- Perceved_Value .815

Customer_Loyalty <--- Perceved_Value .308

Customer_Loyalty <--- Customer_Satisfaction .423

Source: AMOS ver. 24 Output

104

TABLES AND FIGURES

Figure 1.1 Global Fashion Sales Growth Rates (%)

Source: Raconteur.net

Figure 1.2 Revenue of Converse Worldwide from 2010 to 2017

Source: Constructed by researcher

983 1131

1324 1449

1684

1982 1955 2042

0

500

1000

1500

2000

2500

2010 2011 2012 2013 2014 2015 2016 2017

Mill

ion

U.S

. do

llars

Revenue of Converse Worlwide

105

Figure 3.1 Theoretical Framework

Source: Constructed by researcher

H6

Customer

Loyalty

Customer

Satisfaction

Retail

Service

Quality

Price

Brand Image

Perceived

Value

H2

106

Table 3.1 Operational Definition of Variables

Variable Author Item Statements

Brand

Image

(Alwi et al., 2016) Image1 Converse is innovative

(Lien et al., 2015)

Image2 Converse is reliable

Image3 Converse is attractive

Image4 Converse is pleasing

Image5 Converse is a social status

symbol

(Sondoh Jr et al.,

2007)

Image6 Usage of Converse is effective

to my needs than other brands

Price

(Andreti et al., 2013)

Price1 Converse offer best price every

day

(Lien et al., 2015)

Price 2 The price of Converse is

reasonable

Price 3 The price of Converse is

affordable

(Yee & Sidek, 2008)

Price 4 Converse provides goods value

for money

Retail

Service

Quality

(Sivapalan &

Jebarajakirthy, 2017)

Physical Aspect

AVPA1 Converse store has modern-

looking equipment and fixtures

AVPA2 The physical facilities at

Converse store are visually

appealing

AVPA3 Converse store has clean,

attractive and convenient areas

AVPA4 The layout of Converse store

makes it easy to find what I need

AVPA5 The layout of Converse store

makes it easy to move around

within the store

Reliability

AVR1 In Converse store, I am able to

get goods and services when I

require them

AVR2 Converse store provides its

services at the time it promises

to do so

AVR3 Converse store accepts the

suggestions made by customers

and works on them

AVR4 Converse store provides the

right service in the first instance

AVR5 Converse store insists on error-

free sales transactions and

records

107

Personal interaction

AVPI1 Employees in Converse store

have the knowledge to answer

my questions

AVPI2 The behavior of employees in

Converse store instills

confidence in me

AVPI3 I feel safe while doing

transactions with Converse store

AVPI4 Employees in Converse store

give me prompt service

AVPI5 Converse store gives individual

attention on me

AVPI6 Employees in Converse store are

consistently courteous with me

AVPI7 Employees of Converse store

treat me courteously on the

telephone

Problem solving

AVPS1 Converse store willingly handles

returns and exchanges

AVPS2 When I have a problem,

Converse store shows sincere

interests in solving it

AVPS3 Employees of Converse store are

able to handle my complaints

immediately

Policy

AVP1 Converse store offers high

quality merchandise

AVP2 Converse store provides plenty

of convenient and free parking

for customers

AVP3 The operating hours of Converse

are convenient to their

customers

AVP4 Converse accepts most major

credit cards

AVP5 I could enjoy special privilege

from Converse using its loyalty

points system

Perceive

d Value

(Hasan et al., 2014)

Value1 I feel safe purchase in Converse

Value2 I feel trust and confident in

Converse

(Gumussoy &

Koseoglu, 2016)

Value3 I have a huge saving from

buying at Converse

Value4 Converse has the best value for

108

great services

Value5 I got the best product than any of

the other brands

(Morgan & Govender,

2017)

Value6 I get value for money with

Converse

(Lien et al., 2015)

Value7 The overall expected value of

purchasing at Converse is high

Customer

Satisfacti

on

(Kao & Lin, 2016)

CS1 In general, I was pleased with

the quality of the service that

Converse provided

(Wantara, 2015)

CS2 Based on all my experiences

with Converse, I am very

satisfied

CS3 I am satisfied with the

price/quality ratio offered at

Converse

(Morgan & Govender,

2017)

CS4 I feel that Converse gives me

exactly what I need

(Hamid, Ibrahim,

Seesy, & Hasaballah,

2015)

CS5

My decision to purchase from

Converse was a wise one

(Bakti & Sumaedi,

2013)

CS6 Converse performance beyond

expectation

Customer

Loyalty

(Nikhashemi et al.,

2016)

Behaviour Loyalty

CLBL1 I will say positive thing about

Converse

CLBL2 I will recommend Converse to

someone

CLBL3 I will continue to shop at

Converse

Attitudinal Loyalty

CLAL1 I am emotionally attached to

Converse

CLAL2 I feel personally satisfied when I

shop from Converse

CLAL3 I am very committed to

Converse

Source: Constructed by researcher

Table 4.1 Demographic Data of Respondents

Description of the Characteristic of Respondents Quantity Percentage

Gender Female 139 53.3%

Male 122 46.7%

109

Age

Below 20 years old 89 34.1%

20-30 years old 154 59%

31-40 years old 13 5%

Above 40 years old 5 1.9%

Education

Level

Senior High School 103 39.5%

Diploma/Associate's Degree 32 12.3%

Undergraduate/Bachelor's Degree 122 46.7%

Master's Degree 4 1.5%

Occupation

Student 185 70.9%

Housewife 8 3.1%

Employee 42 16.1%

Entrepreneur 16 6.1%

Unemployed 9 3.4%

Have you

ever visit and

buy shoes at

Converse

Store in

Summarecon

Mall Bekasi?

Yes 226 86.6%

No 35 13.4%

Source: Constructed by researcher

Table 4.2 Brand Image Data Summary

Questions

1 2 3 4 5 6 7

F F F F F F F

110

% % % % % % %

Converse is

innovative

4

9%

12

5.3%

25

11.1%

33

14.6%

41

18.1%

58

25.7%

48

21.2%

Converse is

reliable

5

2.2%

6

2.7%

18

8%

38

16.8%

48

21.2%

58

25.7%

53

23.5%

Converse is

attractive

4

1.8%

10

4.4%

16

7.1%

41

18.1%

45

19.9%

56

24.8%

54

23.9%

Converse is

pleasing

6

2.7%

8

3.5%

14

6.2%

36

15.9%

55

24.3%

56

24.8%

51

22.6%

Converse is a

social status

symbol

10

4.4%

13

5.8%

23

10.2%

60

26.5%

42

18.6%

37

16.4%

41

18.1%

Usage of

Converse is

effective to

my needs

than other

brands

5

2.2%

9

4%

26

11.5%

58

25.7%

48

21.2%

45

19.9%

35

15.5%

1=Strongly Disagree 2=Disagree 3=Somewhat Disagree 4=Neutral 5=Somewhat

Agree 6=Agree 7=Strongly Agree

Source: Constructed by researcher

Table 4.3 Price Data Summary

Questions

1 2 3 4 5 6 7

F

%

F

%

F

%

F

%

F

%

F

%

F

%

Converse offer

best price

every day

5

2.2%

10

4.4%

30

13.3%

52

23%

49

21.7%

44

19.5%

36

15.9%

The price of

Converse is

reasonable

8

3.5%

14

6.2%

16

7.1%

49

21.7%

64

28.3%

41

18.1%

34

15%

The price of

Converse is

affordable

7

3.1%

8

3.5%

26

11.5%

41

18.1%

52

23%

46

20.4%

46

20.4%

Converse

provides goods

value for

money

2

0.9%

6

2.7%

14

6.2%

51

22.6%

57

25.2%

56

24.8%

40

17.7%

1=Strongly Disagree 2=Disagree 3=Somewhat Disagree 4=Neutral 5=Somewhat

Agree 6=Agree 7=Strongly Agree

Source: Constructed by researcher

Table 4.4 Retail Service Quality Data Summary

1 2 3 4 5 6 7

111

Questions F

%

F

%

F

%

F

%

F

%

F

%

F

%

Physical

aspect

Converse

store has

modern-

looking

equipment

and fixtures

3

1.3%

9

4%

18

8%

35

15.5%

55

24.3%

61

27%

45

19.9%

The physical

facilities at

Converse

store are

visually

appealing

2

0.9%

4

1.8%

15

6.6%

38

16.8%

55

24.3%

68

30.1%

44

19.5%

Converse

store has

clean,

attractive and

convenient

areas

4

1.8%

6

2.7%

11

4.9%

30

13.3%

62

27.4%

71

31.4%

42

18.6%

The layout of

Converse

store makes it

easy to find

what I need

0

0%

4

1.8%

16

7.1%

33

14.6%

70

31%

65

28.8%

38

16.8%

The layout of

Converse

store makes it

easy to move

around within

the store

2

0.9%

7

3.1%

11

4.9%

39

17.3%

50

22.1%

70

31%

47

20.8%

Reliability

In Converse

store, I am

able to get

goods and

services

when I

require them

3

1.3%

4

1.8%

13

5.8%

46

20.4%

64

28.3%

58

25.7%

38

16.8%

Converse

store

provides its

services at

the time it

promises to

do so

3

1.3%

10

4.4%

12

5.3%

37

16.4%

66

29.2%

51

22.6%

47

20.8%

112

Converse

store accepts

the

suggestions

made by

customers

and works on

them

1

0.4%

10

4.4%

12

5.3%

50

22.1%

59

26.1%

58

25.7%

36

15.9%

Converse

store

provides the

right service

in the first

instance

3

1.3%

5

2.2%

13

5.8%

60

26.5%

61

27%

44

19.5%

40

17.7%

Converse

store insists

on error-free

sales

transactions

and records

4

1.8%

2

0.9%

9

4%

43

19%

75

33.2%

54

23.9%

39

17.3%

Personal

interaction

Employees in

Converse

store have the

knowledge to

answer my

questions

3

1.3%

5

2.2%

15

6.6%

36

15.9%

57

25.2%

64

28.3%

46

20.4%

The behavior

of employees

in Converse

store instills

confidence in

me

0

0%

5

2.2%

18

8%

34

15%

53

23.5%

66

29.2%

50

22.1%

I feel safe

while doing

transactions

with

Converse

store

4

1.8%

7

3.1%

12

5.3%

38

16.8%

56

24.8%

65

28.8%

44

19.5%

Employees in

Converse

store give me

prompt

service

3

1.3%

4

1.8%

16

7.1%

33

14.6%

59

26.1%

60

26.5%

51

22.6%

Converse

store gives

individual

2

0.9%

7

3.1%

10

4.4%

36

15.9%

61

27%

69

30.5%

41

18.1%

113

attention on

me

Employees in

Converse

store are

consistently

courteous

with me

0

0%

7

3.1%

14

6.2%

41

18.1%

53

23.5%

65

28.8%

46

20.4%

Employees of

Converse

store treat me

courteously

on the

telephone

2

0.9%

8

3.5%

16

7.1%

51

22.6%

45

19.9%

75

33.2%

29

12.8%

Problem

solving

Converse

store

willingly

handles

returns and

exchanges

4

1.8%

9

4%

17

7.5%

62

27.4%

54

23.9%

43

19%

37

16.4%

When I have

a problem,

Converse

store shows

sincere

interests in

solving it

4

1.8%

9

4%

17

7.5%

51

22.6%

70

31%

39

17.3%

36

15.9%

Employees of

Converse

store are able

to handle my

complaints

immediately

2

0.9%

9

4%

16

7.1%

50

22.1%

62

27.4%

57

25.2%

30

13.3%

Policy

Converse

store offers

high quality

merchandise

1

0.4%

4

1.8%

17

7.5%

29

12.8%

50

22.1%

80

35.4%

45

19.9%

Converse

store

provides

plenty of

convenient

and free

parking for

customers

12

5.3%

15

6.6%

27

11.9%

30

13.3%

57

25.2%

48

21.2%

37

16.4%

114

The operating

hours of

Converse are

convenient to

their

customers

4

1.8%

5

2.2%

20

8.8%

50

22.1%

55

24.3%

52

23%

40

17.7%

Converse

accepts most

major credit

cards

2

0.9%

5

2.2%

12

5.3%

37

16.4%

46

20.4%

68

30.1%

56

24.8%

I could enjoy

special

privilege

from

Converse

using its

loyalty points

system

1

0.4%

8

3.5%

18

8%

58

25.7%

59

26.1%

55

24.3%

27

11.9%

1=Strongly Disagree 2=Disagree 3=Somewhat Disagree 4=Neutral 5=Somewhat

Agree 6=Agree 7=Strongly Agree

Source: Constructed by researcher

Table 4.5 Perceived Value Data Summary

Questions

1 2 3 4 5 6 7

F

%

F

%

F

%

F

%

F

%

F

%

F

%

I feel safe

purchase in

Converse

7

3.1%

6

2.7%

11

4.9%

44

19.5%

53

23.5%

60

26.5%

45

19.9%

I feel trust 2 11 13 46 55 44 55

115

and confident

in Converse

0.9% 4.9% 5.8% 20.4% 24.3% 19.5% 24.3%

I have a huge

saving from

buying at

Converse

4

1.8%

6

2.7%

26

11.5%

52

23%

62

27.4%

48

21.2%

28

12.4%

Converse has

the best value

for great

services

2

0.9%

12

5.3%

13

5.8%

50

22.1%

69

30.5%

39

17.3%

41

18.1%

I got the best

product than

any of the

other brands

6

2.7%

9

4%

16

7.1%

52

23%

63

27.9%

50

22.1%

30

13.3%

I get value

for money

with

Converse

3

1.3%

4

1.8%

17

7.5%

43

19%

66

29.2%

56

24.8%

37

16.4%

The overall

expected

value of

purchasing at

Converse is

high

3

1.3%

3

1.3%

16

7.1%

43

19%

72

31.9%

56

24.8%

33

14.6%

1=Strongly Disagree 2=Disagree 3=Somewhat Disagree 4=Neutral 5=Somewhat

Agree 6=Agree 7=Strongly Agree

Source: Constructed by researcher

Table 4.6 Customer Satisfaction Data Summary

Questions

1 2 3 4 5 6 7

F

%

F

%

F

%

F

%

F

%

F

%

F

%

In general, I

was pleased

with the

1

0.4%

8

3.5%

13

5.8%

32

14.2%

57

25.2%

61

27%

54

23.9%

116

quality of the

service that

Converse

provided

Based on all

my

experiences

with

Converse, I

am very

satisfied

3

1.3%

8

3.5%

10

4.4%

36

15.9%

72

31.9%

59

26.1%

38

16.8%

I am satisfied

with the

price/quality

ratio offered at

Converse

5

2.2%

9

4%

11

4.9%

33

14.6%

60

26.5%

65

28.8%

43

19%

I feel that

Converse

gives me

exactly what I

need

3

1.3%

3

1.3%

20

8.8%

26

11.5%

67

29.6%

61

27%

46

20.4%

My decision to

purchase from

Converse was

a wise one

3

1.3%

4

1.8%

12

5.3%

30

13.3%

75

33.2%

61

27%

41

18.1%

Converse

performance

beyond

expectation

5

2.2%

7

3.1%

12

5.3%

37

16.4%

57

25.2%

64

28.3%

44

19.5%

1=Strongly Disagree 2=Disagree 3=Somewhat Disagree 4=Neutral 5=Somewhat

Agree 6=Agree 7=Strongly Agree

Source: Constructed by researcher

Table 4.7 Customer Loyalty Data Summary

Questions

1 2 3 4 5 6 7

F

%

F

%

F

%

F

%

F

%

F

%

F

%

I will say

positive thing

about

0

0%

5

2.2%

22

9.7%

39

17.3%

38

16.8%

65

28.8%

57

25.2%

117

Converse

I will

recommend

Converse to

someone

1

0.4%

7

3.1%

13

5.8%

32

14.2%

65

28.8%

67

29.6%

41

18.1%

I will continue

to shop at

Converse

3

1.3%

9

4%

17

7.5%

54

23.9%

53

23.5%

56

24.8%

34

15%

I am

emotionally

attached to

Converse

5

2.2%

13

5.8%

32

14.2%

37

16.4%

56

24.8%

52

23%

31

13.7%

I feel

personally

satisfied when

I shop from

Converse

8

3.5%

4

1.8%

13

5.8%

36

15.9%

59

26.1%

54

23.9%

52

23%

I am very

committed to

Converse

6

2.7%

12

5.3%

20

8.8%

49

21.7%

57

25.2%

46

20.4%

36

15.9%

1=Strongly Disagree 2=Disagree 3=Somewhat Disagree 4=Neutral 5=Somewhat

Agree 6=Agree 7=Strongly Agree

Source: Constructed by researcher