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"One-stop platform transaksi saham memberikan pengaruh positif terhadap perkembangan teknologi dalam dunia saham, namun fitur-fitur yang ditawarkan mampu mengubah perilaku investor dalam melakukan transaksi saham. Penelitian ini menyelidiki pengaruh fitur “stream” sebagai media User Generated Content (UGC) serta hubungan antara fenomena Fear of Missing Out (FoMO) dengan financial literacy investor dalam bertransaksi saham. Penelitian ini mengimplementasikan PLS-SEM untuk melakukan penelitian kuantitatif. Pengumpulan data sampel dilakukan dengan menggunakan nonprobability sampling. Penelitian ini dibatasi pada investor saham di Indonesia yang menggunakan platform Stockbit untuk bertransaksi dan dilakukan secara cross-sectional. Penelitian ini menemukan adanya pengaruh positif dan signifikan dari information quality terhadap attitude toward purchase, namun tidak terdapat pengaruh dari perceived credibility dan perceived benefit. Penelitian ini juga menemukan bahwa FoMO berpengaruh positif dan signifikan terhadap subjective norms dan purchase intention, berpengaruh negatif dan signifikan terhadap perceived behavioral control, namun tidak signifikan pada atittude towards purchase. Selain itu, financial literacy tidak signifikan terhadap purchase intention namun mampu memperlemah efek FoMO terhadap purchase intention. Penelitian ini diharapkan menambah pengetahuan tentang hubungan UGC, FoMO, dan literasi keuangan terhadap perilaku investor/trader dalam membeli saham serta berkontribusi kepada manajemen Stockbit, praktisi, dan konsultan keuangan.

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The one-stop platform of stock transaction has a positive effect on technological developments in the world of stock investment, but the features offered can change investor behavior in stocks transaction. This research investigates the influence of the "stream" feature as user generated content (UGC) media as well as the relationship between the fear of missing out (FoMO) phenomenon and investors' financial literacy in transacting stocks. This research implements partial least squares-structural equation modeling (PLS-SEM) to conduct quantitative research. Sample data collection was carried out using non-probability sampling. This research is limited to stock investors in Indonesia, using the Stockbit platform for transacting stock, and the research was conducted cross-sectionally. This research found that there was a positive and significant influence of information quality on attitudes towards purchase, but there was no influence of perceived credibility and perceived usefulness on attitudes towards purchase. The results of this research also show that FoMO has a positive and significant effect on subjective norms and purchase intentions, a negative and significant effect on perceived behavioral control, but is not significant on attitudes towards purchase. In addition, it was found that financial literacy was not significant on purchase intentions but was able to weaken the effect of FoMO on purchase intentions. This research increases knowledge about the relationship between UGC, FoMO, and financial literacy on investor/trader behavior in buying stocks. This research contributes to Stockbit management, psychology practitioners, influencer, and financial consultants in the world of stocks."

"TikTok mewakili bentuk baru teknologi komunikasi pemasaran karena fitur dan atributnya. Berdasarkan Elaboration Likelihood Model dan konsep relevansi diri, penelitian ini mengeksplorasi dampak personalization yang dirasakan dan authenticity konten TikTok pada kenyamanan yang dirasakan, viral behavior intentions dan niat beli. Hasil penelitian menunjukkan bahwa personalization konten TikTok berhubungan negatif dengan kenyamanan yang dirasakan dan authenticitiy konten TikTok berhubungan positif dengan kenyamanan yang dirasakan. Secara keseluruhan, hasil penelitian ini memberikan wawasan baru dan implikasi praktis baik bagi pembuat konten maupun pengiklan.

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TikTok represents a new form of marketing communication technology due to its features and attributes. Drawing on the Elaboration Likelihood Model and the concept of self-relevance, the present study explores the impact of perceived personalization and auhenticity of TikTok content on perceived convenience, viral behavioral intentions and purchase intention. The results show that the personalization of TikTok content is negatively related to perceived convenience and authenticity of TikTok content is positively related to perceived convenience. Overall, the results of this study provide new insights and practical implications for both content creator and advertiser sides."

"Perilaku konsumen secara konseptual dimulai dengan marketing stimuli yang kemudian berakhir dengan keputusan pembelian. Penelitian ini mencoba menganalisa pengaruh e-service quality, reputation, web design, dan price, terhadap trust, customer satisfaction, dan customer loyalty. Pada saat terjadinya fenomena pandemi Covid-19, pembeli terikat untuk dengan cepat beralih ke platform e-commerce untuk memenuhi kebutuhan sehari-hari, menyebabkan pergeseran perilaku konsumen. Survei terhadap 370 responden didapatkan melalui kuesioner online, dengan menggunakan metode kuantitatif dan data dianalisis menggunakan Structural Equation Modelling (SEM). Hasil penelitian ini menunjukkan bahwa e-service quality, trust, dan price berpengaruh terhadap customer satisfaction. Apabila e-commerce dapat merespons keluhan pelanggan serta memberikan pelayanan yang disesuaikan secara personal untuk memenuhi kebutuhan pelanggan, maka pelanggan kemungkinan akan merasa puas dengan layanan yang diberikan.

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Consumer behavior conceptually starts with marketing stimuli that then ends with purchasing decisions. This study attempts to analyze the effect of e-service quality, reputation, web design, and price on trust, customer satisfaction, and customer loyalty. At the beginning of Covid-19 pandemic, consumers were compelled to quickly switch to e-commerce platforms to fulfill their daily needs, leading to a shift in consumer behavior. A survey of 370 respondents was collected through an online questionnaire, using quantitative methods and data were analyzed using Structural Equation Modeling (SEM). The results of this study indicate that e-service quality, trust, and price have an influence on customer satisfaction. When e-commerce can respond to customer complaints and provide personalised services to meet customer needs, the customer is likely to be satisfied with the service provided."

"Tujuan dari penelitian ini adalah untuk mengetahui faktor-faktor interaksi interpersonal yang mempengaruhi intensi pembelian terhadap produk fashion lokal Indonesia melalui TikTok live stream shopping, berdasarkan teori Stimulus-Organism-Response (SOR). Sampel penelitian terdiri dari pengguna TikTok live stream shopping yang pernah menonton sesi live stream shopping produk fashion lokal dari Indonesia, tinggal di wilayah Jabodetabek, dan berusia antara 18 hingga 34 tahun. Kuesioner penelitian disebarkan secara online, dan sebanyak 295 responden berhasil mengisi kuesioner. Data yang terkumpul kemudian dianalisis menggunakan metode Structural Equation Modeling (SEM) dengan menggunakan software PLS-SEM. Menurut penelitian ini, Perceived similarity berhubungan positif dengan Swift guanxi. Selain itu, Perceived similarity Perceived responsiveness berhubungan positif dengan Initial Trust. Swift guanxi dan Initial Trust berhubungan positif dengan Purchase Intention. Selain itu, ditemukan bahwa swift guanxi memiliki peran mediasi yang positif terhadap Perceived similarity pada Purchase Intention di TikTok live streaming shopping. Terakhir, Initial Trust secara positif memediasi efek Perceived similarity dan Perceived responsiveness terhadap Purchase Intention di TikTok live streaming shopping.

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This study aims to investigate the interpersonal interaction factors influencing purchase intention towards local Indonesian fashion products through TikTok live stream shopping, based on the Stimulus-Organism-Response (SOR) theory. The sample consists of TikTok livestream shopping users who have previously watched livestream shopping sessions of local fashion products from Indonesia, residing in the Jabodetabek area, and aged between 18 and 34 years. The research questionnaire was distributed online, and a total of 295 respondents successfully completed the survey. The collected data were analyzed using the Structural Equation Modelling (SEM) method with PLS-SEM software. According to this study, perceived similarity is positively related to swift guanxi. Additionally, perceived similarity and perceived responsiveness are also positively related to initial trust. Swift guanxi and Initial trust is positively related to the buyer's intention to purchase a product. Moreover, it is found that swift guanxi positively mediates the effect of perceived similarity on purchase intention in TikTok live stream shopping. Lastly, Initial trust positively mediates the effect of perceived similarity and perceived responsiveness on purchase intention in TikTok live stream shopping."

"Halal lifestyle meluas dari sektor makanan ke sektor non-food. Beberapa produk non-food menjadi pelopor sebagai ‘produk bersertifikasi halal pertama’ dalam kategorinya. Penelitian ini melihat attitude dan purchase intention terhadap halal branding pada produk non-food, dengan menggunakan theory of reasoned action. Penelitian kuantitatif ini diuji pada wanita milenial melalui survei online dan LISREL dengan Structural Equational Model (SEM). Model ini menilai pengaruh religiosity, knowledge, subjective norm, dan product quality terhadap attitude; serta pengaruh attitude terhadap purchase intention. Hasilnya menunjukkan efek signifikan pada attitude terhadap purchase intention, juga efek signifikan pada hubungan antara religiosity, subjective norm, dan product quality terhadap attitude

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The Halal lifestyle's prominence extends from food to non-food sectors. Some non-food products become the pioneers as 'First Halal-Certified' in their category. This research investigates purchase intention for halal branding in non-food products using the theory of reasoned action. This quantitative research tested on millennial women via online surveys and LISREL to analyzed Structural Equational Model. The model assesses religiosity, knowledge, subjective norms, and product quality on attitude; and the effect of attitude on purchase intention. The results show significant effect on attitude towards purchase intention, also significant effect for relationships between religiosity, subjective norm, and product quality towards attitude. "

"Massive Open Online Course (MOOC) merupakan kursus yang dapat digunakan semua orang (open), edukasi dilakukan 100% secara online (online), dan dapat diakses dengan skala peserta yang besar dengan biaya yang gratis (massive). Tujuan MOOC adalah untuk demokratisasi edukasi. Istilah MOOC belum lama dipopulerkan oleh EdX, Coursera, dan Udacity sejak tahun 2012. Mereka adalah MOOC asing yang sudah memiliki jutaan pengguna di seluruh dunia. Sedangkan di Indonesia hanya ada satu MOOC IndonesiaX yang berdiri sejak tahun 2015.Fokus dalam penelitian ini adalah untuk menganalisis faktor-faktor apa saja yang menjadi pertimbangan calon peserta ajar untuk mengadopsi MOOC Indonesia dengan studi kasus IndonesiaX. Penelitian dilakukan dua kali, masing-masing untuk segmen pasar pengguna MOOC asing yang belum mengadopsi MOOC Indonesia dan segmen pasar masyarakat awam yang belum menggunakan MOOC.Penelitian ini menggunakan pendekatan Technology Acceptance Model (TAM), Teori Difusi Inovasi, dan melibatkan empat variable-variabel lainnya, yaitu computer anxiety, computer self-efficacy, perceived financial cost, dan perceived information quality. Model penelitian merupakan replikasi dari penelitian Tung & Chang (2007) yang melakukan studi terhadap online course tertutup.Penelitian ini merupakan studi deskriptif, online survey, menggunakan teknik convenience sampling. Jumlah responden N=90 untuk pengguna MOOC asing dan N=244 untuk masyarakat awam. Metode pengolahan data menggunakan PLS-SEM. Pengguna MOOC asing diarahkan untuk mengunjungi website dan mencoba video ajar IndonesiaX sedangkan masyarakat awam hanya diarahkan untuk membaca informasi terkait IndonesiaX yang disertakan hyperlink.Hasil penelitian menunjukkan bahwa untuk segmen pasar masyarakat awam perceived usefulness dan perceived information quality adalah dua variabel yang berpengaruh positif sedangkan computer anxiety berpengaruh negatif terhadap minat perilaku adopsi MOOC Indonesia. Namun, untuk segmen pasar pengguna MOOC asing hanya computer anxiety dan computer self-efficacy yang berpengaruh terhadap minat perilaku adopsi MOOC Indonesia. Perbedaan hasil ini disebabkan oleh karakteristik dan perilaku konsumen kedua segmen pasar yang sangat berbeda.Sebagai MOOC lokal, IndonesiaX memiliki keunikan tersendiri yang justru bisa dinikmati oleh masyarakat awam dan perlu adanya pengembangan pada value creation dan kualitas materi ajar untuk dapat bersaing dengan MOOC asing yang sudah tumbuh lebih lama.

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Massive Open Online Course is a course that can be accessed for everyone (open), conducted 100% online (online), and could be accessed for free with limitless scale of students (massive). MOOC aims for education democratization. The term of MOOC was made famous by a consortioum of EdX, Coursera, and Udacity in 2012. The three of them are global MOOC providers using foreign language that already have millions of users. Meanwhile, there is a local MOOC provider in Indonesia, IndonesiaX, which just has been established since 2015.

The focus of the research is to identify the factors influencing local Indonesian MOOC (IndonesiaX) adoption. There are two different research. One is for those who already used foreign MOOC but haven’t adopted Indonesian MOOC yet, and the other one is for those who haven’t tried any MOOC at all.

This research uses Technology Acceptance Model (TAM), Diffusion of Innovation Theory, and includes other four variables: computer anxiety, computer self-efficacy, perceived financial cost, and perceived information quality. This research adopts research model proposed by Tung & Chang (2007) who studied small private online course in Taiwan.

This is a descriptive study using online questionnaire with convenience sampling approach. Those who are already foreign MOOC users are instructed to visit IndonesiaX website and sample one of the video course (N=90), meanwhile those who haven’t tried MOOC are only showed the brief information of IndonesiaX with hyperlink (N=244). The data is analyzed using PLS-SEM.

The result shows that for those who haven’t tried MOOC, perceived usefulness and perceived information quality are the positive factors, while computer anxiety is the negative factor influencing Indonesian MOOC adoption. However, for those who already tried foreign MOOC only computer anxiety and computer self-efficacy as the significant predictors. This difference in result is caused by the different characteristics and behavior of both consumer segments.

As a local MOOC, IndonesiaX has a distinctive uniqueness that could satisfy society and IndonesiaX needs more value creation and information quality improvement in order to compete with foreign MOOC that already matured longer."

"Penelitian ini mempelajari tentang hubungan antara antecedents dari Dependence dan Trust yaitu Relationship Benefit, Social Bonding, Relationship Termination Costs, Opportunistic Behavior, dan Communication dalam membentuk komitmen dan loyalitas hubungan B2B antara mitra kerja pemasok gabah/beras kepada BULOG. Komitmen yang dipelajari dibedakan atas tiga komponen berdasarkan motivasinya yaitu Calculative, Affective, dan Normative Commitment. Tahapan penelitian terdiri dari pre test dan penelitian utama. Pre test dilakukan untuk menguji validitas dan reliabilitas kuesioner sebagai instrumen penelitian. Penelitian utama dilakukan terhadap 166 responden penggilingan padi di Jawa Barat yang terdaftar sebagai mitra kerja pemasok gabah/beras BULOG tahun 2013, baik yang aktif maupun tidak aktif. Persepsi responden terhadap BULOG diukur dari butir-butir pernyataan kuesioner dalam lima skala Likert. Pengolahan data dilakukan menggunakan Structural Equation Modelling (SEM) dengan LISREL 8.7. Model pengukuran SEM menunjukkan hasil vaiditas dan reliabilitas yang cukup memuaskan kecuali untuk empat variabel yaitu Dependence, Calculative Commitment, Affective Commitment, dan Loyalitas. Goodness of fit (kecocokan) model secara keseluruhan menunjukkan hasil yang cukup baik. Uji hipotesis pada model struktural menunjukkan hasil dari 16 hipotesis penelitian terdapat tujuh hipotesis yang diterima, enam hipotesis yang tidak signifikan, dan satu hipotesis yang ditolak. Dua hipotesis tidak dapat dibuktikan pada path diagram dalam model struktural lalu kepadanya dilakukan uji tambahan regresi linear dengan SPSS 17.0 dan memberikan hasil yang tidak signifikan, yaitu pengaruh Dependence terhadap Affective Commitment dan pengaruh Calculative Commitment terhadap Loyalitas. Hasil yang tidak signifikan lainnya ditunjukkan pada hubungan Relationship Benefit dan Social Bonding terhadap Dependence, Dependence terhadap Calculative dan Normative Commitment, Trust terhadap Calculative Commitment, dan Normative Commitment terhadap Loyalitas. Pengaruh positif yang signifikan diperlihatkan pada hubungan antara Relationship Termination Costs terhadap Dependence dan Trust, Communication terhadap Trust, Trust terhadap Affective dan Normative Commitment, dan Afective Commitment terhadap Loyalitas. Sedangkan pengaruh negatif yang signifikan ditemukan pada hubungan antara Opportunistic Behavior dan Social Bonding terhadap Trust.

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Research studied about relationship between the antecedents of Dependence and Trust, those are Relationship Benefit, Social Bonding, Relationship Termination Costs, Opportunistic Behavior, and Communication in order to build rice supplier commitment and loyalty to BULOG in B2B relationship. Commitment in this study are classified by the motivations, those are Calculative, Affective, and Normative Commitment. Pre test was done before the main test to check the validation and reliability of questionnaire as the research instrument. Main test was done to 166 rice milling in West Java which are listed as paddy/ rice supplier for BULOG in 2013, whether active or not. Respondent perception about BULOG was measured by items of indicator in questionnaire with five Likert scale. Structural Equation Modelling by LISREL 8.7 then used for data processing. Measurement model indicated good result of validity and reliability, for exception four variable, those are Dependence, Calculative Commitment, Affective Commitment, and Loyalty. Goodness of fit for overall model showed good enough result. 16 of hypothesis testing with structural model showed result seven hypothesis are supported, six are not significant, and one is rejected. Two of hypothesis cannot be tested in path diagram - structural model and for this case a linear regression test by SPSS 17.0 was treated to both. The result was not significant for both relationship, those are the impact of relationship between Dependence to Affective Commitment and Affective Commitment to Loyalty. Not significant results also found in impact of relationship between Relationship Benefit and Social Bonding to Dependence, Dependence to Calculative and Normative Commitment, Trust to Calculative Commitment, and Normative Commitment to Loyalty. Positive impact result found in relationship between Relationship Termination Costs to Dependence and Trust, Communication to Trust, Trust to Affective and Normative Commitment, and Affective Commitment to Loyalty. Two negative impact result found in relationship between Opportunistic Behavior and Social Bonding to Trust."

"Penelitian ini bertujuan untuk mengetahui pengaruh dari symbolic representation, self-image congruence, dan emotional value terhadap impulse buying, attitude, dan dampaknya pada purchase intention pada karakter klasik Mickey Mouse dan Hello Kitty di Uniqlo. Penelitian ini menggunakan metode survei kuesioner dan dari 268 kuesioner valid yang dikumpulkan menggunakan structural equation modelling untuk menganalisis data. Data terkumpul dianalisis menggunakan metode PLS-SEM dengan software SmartPLS 4.0. Hasil penelitian menemukan bahwasymbolic representation, self-image congruence, dan emotional value memiliki pengaruh positif dan signifikan terhadap attitude konsumen Uniqlo untuk kedua karakter. Sementara itu, symbolic representation pada karakter Mickey Mouse tidak mempengaruhi impulse buying namun berpengaruh secara signifikan bagi karakter Hello Kitty. Selanjutnya, ditemukan bahwa self-image congruence pada karakter Mickey Mouse tidak mempengaruhi impulse buying, dimana bagi karakter Hello Kitty hal tersebut ditemukan pengaruh positif dan signifikan. Terakhir, peneliti menemukan bahwa impulse buying dan attitude berpengaruh positif dan signifikan terhadap purchase intention konsumen Uniqlo baik pada karakter Mickey Mouse dan Hello Kitty.

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This research aims to determine the influence of symbolic representation, self-image congruence, and emotional value on impulse buying, attitude, and their impact on purchase intention for the classic characters Mickey Mouse and Hello Kitty at Uniqlo. This research uses a questionnaire survey method and from 268 valid questionnaires collected using structural equation modeling to analyze the data. The collected data was analyzed using the PLS-SEM method with SmartPLS 4.0 software. The research results show that symbolic representation, self-image congruence, and emotional value have a positive and significant influence on Uniqlo consumers' attitudes for both characters. Meanwhile, the symbolic representation of the Mickey Mouse character does not affect impulse buying but has a significant effect on the Hello Kitty character. Furthermore, it was found that self-image congruence for the Mickey Mouse character did not influence impulse buying, whereas for the Hello Kitty character this was found to have a positive and significant influence. Finally, researchers found that impulse buying and attitude had a positive and significant effect on Uniqlo consumers' purchase intention for both Mickey Mouse and Hello Kitty characters."

"Penelitian ini mengkaji hubungan antara tingginya tingkat stres kerja yang dialami pekerja white-collar kalangan Generasi Z dan Milenial dengan tingkat pembelian produk pakaian yang tinggi pada kedua generasi. Tujuan utamanya adalah untuk membahas mengenai apakah terapi ritel melalui konsumsi balas dendam pada produk pakaian merupakan mekanisme penanggulangan yang digunakan untuk mengatasi emosi negatif akibat stres kerja dan dapat meningkatkan kesejahteraan psikologis pekerja white-collar dari Generasi Z dan Milenial. Penelitian ini menggunakan metode kuantitatif dengan desain konklusif deskriptif, data dikumpulkan melalui survei online terhadap 240 responden, dan dianalisis menggunakan Structural Equation Modeling (SEM). Hasil penelitian menunjukkan bahwa emosi negatif akibat stres kerja berpengaruh signifikan terhadap motivasi konsumsi untuk memperbaiki suasana hati dan mendapatkan pengakuan sosial. Motivasi ini mendorong perilaku konsumsi mencolok dan impulsif, yang pada gilirannya meningkatkan harga diri dan kesejahteraan pekerja white-collar. Penelitian ini memberikan wawasan penting bagi bisnis ritel khususnya yang menjual produk pakaian, untuk menyesuaikan strategi pemasaran mereka agar dapat memenuhi kebutuhan psikologis konsumen, khususnya yang mengalami stres karena pekerjaan.

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This study examines the relationship between the high levels of work-related stress experienced by white-collar workers among Generation Z and Millennials and their high levels of clothing product purchases. The main objective is to discuss whether retail therapy through revenge consumption involving clothing products serves as a coping mechanism used to address negative emotions due to work-related stress and can enhance the psychological well-being of Generation Z and Millennials white-collar workers. This research employs a quantitative method with a descriptive conclusive design; data were collected through an online survey of 240 respondents and analyzed using Structural Equation Modeling (SEM). The results of the study indicate that negative emotions due to work-related stress significantly influence the motivation to consume for mood alleviation and social recognition. This motivation drives conspicuous and impulsive consumption behavior, which in turn enhances the self-esteem and well-being of white-collar workers. This study provides important insights for retail businesses, particularly those selling clothing products, to adjust their marketing strategies to meet the psychological needs of consumers, especially those experiencing work-related stress."