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"Penelitian ini bertujuan untuk mengetahui pengaruh dari faktor-faktor (functional value, social value, emotional value, epistemic value, dan monetary value) yang termasuk dalam nilai Theory of Consumption Value terhadap loyalty dengan mediasi satisfaction dalam konteks mobile payment dan Generasi-Z di Indonesia, khususnya pulau Jawa. Penelitian ini juga menggunakan variabel alternative attractiveness sebagai variabel moderasi yang dapat mempengaruhi satisfaction terhadap loyalty. Penelitian ini menggunakan data sebanyak 150 responden melalui teknik purposive sampling yang selanjutnya dianalisis menggunakan Partial Least Square-Structural Equation Method (PLS-SEM). Hasil dari penelitian ini menyimpulkan bahwa functional value, social value, dan emotional value berpengaruh secara langsung terhadap satisfaction dan juga memediasi pengaruh tersebut kepada loyalty. Epistemic Value dan Monetary Value terbukti tidak berpengaruh terhadap satisfaction dan loyalty. Terakhir, variabel alternative attractiveness tidak signifikan dalam memoderasi pengaruh antara satisfaction dan loyalty. Hasil ini mengindikasikan bahwa loyalitas Generasi-Z di Indonesia, khususnya pulau Jawa dipengaruhi oleh functional value, social value, dan emotional value.

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This research aims to determine the influence of factors (functional value, social value, emotional value, epistemic value, and monetary value) included in the Theory of Concumption Value on loyalty with mediation of satisfaction in the context of mobile payments and Generation-Z in Indonesia, especially the island of Java. This research also uses the variable of alternative attractiveness as a moderating variable that can influence satisfaction with loyalty. This research used data from 150 respondents using a purposive sampling technique which was then analyzed using the Partial Least Square-Structural Equation Method (PLS-SEM). The results of this research conclude that functional value, social value, and emotional value have a direct influence on satisfaction and also mediate this influence on loyalty. Epistemic Value and Monetary Value are proven to have no effect on satisfaction and loyalty. Lastly, the alternative variable attractiveness is not significant in moderating the influence between satisfaction and loyalty. These results indicate that the loyalty of Generation-Z in Indonesia, especially the island of Java, is influenced by functional values, social values, and emotional values."

"Industri kuliner di Indonesia mengalami pertumbuhan signifikan, didorong oleh globalisasi, perubahan perilaku konsumen, dan kesadaran akan keberlanjutan. Data Badan Ekonomi Kreatif menunjukkan kontribusi kuliner sebesar 41,4% terhadap ekonomi kreatif pada 2016. Penelitian ini mengkaji pengaruh karakteristik influencer media sosial (intimate self-disclosure, environmental concern, dan spending self-control) terhadap nilai konsumsi (social value dan epistemic value) dan niat beli konsumen, serta peran moderasi pendapatan dan generasi. Data dikumpulkan dari 260 responden di Jabodetabek melalui kuesioner dan dianalisis dengan Structural Equation Model (SEM) menggunakan SmartPLS. Hasil menunjukkan intimate self-disclosure signifikan mempengaruhi epistemic value, sementara environmental concern mempengaruhi social value dan epistemic value. Spending self-control tidak signifikan mempengaruhi kedua nilai konsumsi. Social value dan epistemic value signifikan mempengaruhi purchase intention. Income tidak memoderasi hubungan tersebut, sedangkan generation memoderasi pengaruh intimate self-disclosure terhadap social value dan social value terhadap purchase intention. Studi ini berkontribusi pada literatur pemasaran digital dan perilaku konsumen, serta memberikan panduan praktis bagi industri kuliner dalam strategi pemasaran melalui influencer.

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The culinary industry in Indonesia has experienced significant growth driven by globalization, changes in consumer behaviour, and increased awareness of sustainability. Data from the Indonesian Creative Economy Agency shows that the culinary sub-sector contributed 41.4% to the creative economy in 2016. This study examines the influence of social media influencers' characteristics (intimate self-disclosure, environmental concern, and spending self-control) on consumption values (social value and epistemic value) and consumer purchase intention, as well as the moderating roles of income and generation. Data were collected from 260 respondents in the Greater Jakarta area using questionnaires and analysed with Structural Equation Modeling (SEM) via SmartPLS. Results show that intimate self-disclosure significantly influences epistemic value, while environmental concern affects both social value and epistemic value. Spending self-control does not significantly influence either consumption value. Both social value and epistemic value significantly impact purchase intention. Income does not moderate these relationships, whereas generation moderates the influence of intimate self-disclosure on social value and social value on purchase intention. This study contributes to digital marketing and consumer behaviour literature, providing practical guidance for the culinary industry in designing marketing strategies through influencers."