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Do Internet Marketing Factors With Islamic Values Improve Sme Performance?

Author

Listed:
  • Rizaldi Yusfiarto

    (Islamic State University of Sunan Kalijaga, Indonesia)

  • Galuh Tri Pambekti

    (Islamic State University of Sunan Kalijaga, Indonesia)

Abstract

Internet marketing is regarded as the right business strategy for small and medium-sized enterprises (SMEs) in the current revolutionary era. This study aims to determine the impact of internet marketing factors on improving the business performance of SMEs using the Islamic perspective. Specifically, the aim of this study is to examine how the influence of landing pages, search engine optimisation and customer databases affects SME performance through internet marketing with Islamic values. Statistical testing was undertaken to build and test statistical models in the form of causal models, along with factor analysis, path analysis and regression. The analysis was therefore undertaken using the structural equation modelling (SEM) approach. The research project was conducted among the internet marketer community in Indonesia, with a sample of 245 business units based on the desired criteria. Analysis of the research results shows that the hypotheses in this study as a whole are accepted, from which it can be concluded that a business strategy that uses a combination of internet marketing aspects and Islamic perspectives can be a competitive advantage. This is especially true in the aspects of building consumer trust, categorising consumer preferences specifically and producing broad customer relationship solutions.

Suggested Citation

  • Rizaldi Yusfiarto & Galuh Tri Pambekti, 2019. "Do Internet Marketing Factors With Islamic Values Improve Sme Performance?," Journal of Islamic Monetary Economics and Finance, Bank Indonesia, vol. 5(4), pages 807-828, November.
  • Handle: RePEc:idn:jimfjn:v:5:y:2019:i:4f:p:807-828
    DOI: https://doi.org/10.21098/jimf.v5i4.1101
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    More about this item

    Keywords

    Landing Page; Search Engine Optimisation; Customer Database; Internet Marketing; SMEs Performance;
    All these keywords.

    JEL classification:

    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics
    • M31 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Marketing and Advertising - - - Marketing
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D

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