THE COMPETITIVE ADVANTAGE: INSIGHTS FROM PRIVATE UNIVERSITIES

Authors

  • Wilhelmus Hary Susilo Post Graduate- Faculty of Economics and Business, University of Indonesia Y.A.I, Jakarta, Indonesia
  • Yudi Julius Post Graduate- Faculty of Economics and Business, University of Indonesia Y.A.I, Jakarta, Indonesia

DOI:

https://doi.org/10.20319/pijss.2019.43.12401252

Keywords:

Great Process, Future Exchange and Long Lasting

Abstract

The private universities in a flexible system for faced the industrial 4.0 decade of being always changing in Jakarta. The marketing research   has built from confirmed the model of Analysis on pursuit of a sustainable competitive advantage. The research was conducted with confirmatory strategic research design, of structural equation hybrid modeling. The hypothesis result were confirmed i.e., great interaction each other and price perception influences to superior and energizer value of consumer. The value of consumer affects to decide. Furthermore loyalty and character building lead to pursuit of a sustainable competitive advantage.

References

Aima, Havidz, S. Ngadino, and H.S. Wilhelmus, (2015). “Model of an Influence Communitization Marketing 3.0 and Behaviour Segmentation on Increase Consumer Value for Higher Education Institutions Private University in Jakarta, IJABER,vol. 13. No. 9, 2015, pp. 6841-6852.

Alzyoud ,Sukaina A and Hani, Kamal Bani, (2015). Social Responsibility In Higher Education Institutions: Application Case From The Middle East, European Scientific Journal March 2015 edition vol.11, No.8 ISSN: 1857 – 7881 (Print) e - ISSN 1857- 7431

Arminda do Poco and Raposos, Mario. (2009). “Green” Segmentation: an Application to the Portuguese Consumer Market. Marketing Intellegence& Planning. 27.3 : 364- 379. https://doi.org/10.1108/02634500910955245

Beckers. S. F.M, Doorn, J.V and Verhoef. P. C (2018). Good, better, engage? The Effect of Company- initiated customer engagement behaviour on shareholder value, Jornal of the Academy of Marketing Science, Volume 46, Number 3, May 2018, pp366-383. https://doi.org/10.1007/s11747-017-0539-4

Bennett, Anthony G. (2010). The Big Book of Marketing, Lessons and Best practices from the World’s Greatest Companies. New York, The McGraw –Hill Companies.

Chinomona, Richard et al. (2013). Brand Service Quality, Satisfaction, Trust and Preference as Predictors of Consumer Brand Loyalty in the Retailing Industry. Mediterranean Journal of Social Science. 4.14: 181-190. https://doi.org/10.5901/mjss.2013.v4n14p181

Csiszarik-Kocsir, A., & Varga. J., (2019). . The Importance and Fulfillment of the Success Criteria iin Projects Implemented By Small and Medium- Sized Enterprises. PEOPLE: International Journal of Social Science, 4(3), 834- 844.

Della Corte, V., & Aria, M. (2016). Competition and sustainable competitive advantage. The case of tourist destinations. Tourism Management, 54, 524-540. https://doi.org/10.1016/j.tourman.2015.12.009

Dimintriadis, Sergio et al. (2011). Trust-based Segmentations. The International Journal of Bank Marketing. 29.1: 5-31.

Donio, Jean et al. (2006). Customer Satisfaction and Loyalty in a Digital Environment: an Empirical Test. Journal of Consumer Marketing. Volume 23. Number 7. pp. 445-457. https://doi.org/10.1108/07363760610712993

Dustin, G., Bharat, M., & Jitendra, M. (2014). Competitive Advantage and Motivating Innovation. Advances In Management, 7(1), 8.

Ferdinand, Augusty. (2014). Structural Equation Modeling, Edisi 5, Semarang, BP UNDIP-Undip Press.

Ferdinand, Augusty.(2014). Research Methods of Management, Edisi 5, Semarang, BP UNDIP-Undip Press.

Gabay et al. (2009). Consumer Centered brand value of foods: Drivers and Segmentation, The Journal of Product and Brand Management.18.1: 4-16. https://doi.org/10.1108/10610420910933326

Ghozali, Imam and Fuad. (2012). Structural Equation Modeling, LISREL 8.80, EDISI III, Semarang: BadanPenerbitUniversitas Diponegoro

Goebel, Daniel J; Marshall, Greg W; Locander, William B. (2013). Enhancing purchasing's strategic reputation: Evidence and recommendations for future research. Journal of Supply Chain Management . 39.2 : 4-14.

Grewal, Dhruv; Monroe, Kent B; Krishnan, R (1998). “The effects of price-comparison advertising on buyers' perceptions of acquisition value, transaction value, and behavioral intentions”, Journal of Marketing 62.2 (Apr 1998): 46-59. https://doi.org/10.2307/1252160 https://doi.org/10.1177/002224299806200204

Griffin, Ricky W dan Ebert, Ronald J. (2007). BUSINESS, Edition: 8, Jakarta, Erlangga.

Griffin, J, (2003). Customer loyalty, Jakarta, Erlangga.

Hair, Joseph, F., Anderson, Rolpp E., Tatham Ronald, L, Black, William, C. (1998). Multivariate Data Analysis, Prentice Hall, Third Edition.

Hunt, S. D. (2015). Marketing theory : foundations, controversy, strategy, resource-advantage theory. New York, USA: Routledge Taylor & Francis Group

Hunt, Shelby D. (2011). Sustaintable marketing, equity, and economic growth: a resources-advantage, economic freedom approach, Academic of Marketing Science. 39:7-20 https://doi.org/10.1007/s11747-010-0196-3

Kingsley, Gordon danMalecki, Edward J. (2004). “Networking for Competitiveness”.Small Business Economics . 23.1 : 71-84.

Kotler, Philip and Keller Kevin L. (2013). Marketing Management, Fourteenth Edition, Horizon Edition, England PEARSON Education Linited.

Kotler, Philip and Kartajaya, Hermawan. (2010). Marketing 3.0, Jakarta. Erlangga. https://doi.org/10.1002/9781118257883

Kovalev, A, (2014). Modern Methods Of Management And Marketing In Ensuring Competitiveness Of University, Economic and Social Development: Book of Proceedings: 91. Varazdin: Varazdin Development and Entrepreneurship Agency (VADEA). (Sep 24-Sep 25, 2013)

Lompot, M.F.D & Pomentil, R.C. (2018). Using Social Media as a Marketing Tool for Travellers. PEOPLE: International Journal of Social Science, 4(3), 593- 613. https://doi.org/10.20319/pijss.2018.43.593613

Mendoza, Alexander Lacayo and Heredero , Carmen de Pablos, (2016). Managing relationships and communications in higher education efficiently through digital social networks: The importance of the relational coordination model, DYNA 83 (195), pp. 138-146. February, 2016 Medellín. ISSN 0012-7353 Printed, ISSN 2346-2183 Online

Meyer-Waarden, Lars; Benavent, Christophe; Castéran, Herbert. (2013). “The effects of purchase orientations on perceived loyalty programmes' benefits and loyalty”. International Journal of Retail & Distribution Management , Vol.41.Issue.3 : 201-225.

Munro, Barbara H. (2001). Statistical Methods, for Helath Care Research. FOURTH EDITION, Philadelphia, Lippincott Williams & Wilkins.

Ogden, Denish et al. (2004). Exploring the Impact of Culture and Acculturation on Consumer Purchase Decisions: Toward a Microcultural Perspective, Academy of Marketing Science Review 2004: 1.

Rybakovas, E. (2015). Country-Specific Competitive Advantages of Manufacturing Sector Firms in Eastern EU Member States. Procedia - Social and Behavioral Sciences, 213, 217-222. https://doi.org/10.1016/j.sbspro.2015.11.429

Sanchez- Fernandez, Raquel and Angeles Iniesta-Bonillo. (2006). Consumer Perception of Value: Literature review and a New Conceptual Framework. Journal of Consumer Satisfaction, Dissatisfaction and Complaining Behavior. 19 : 40-58.

Scott, David M. (2011). The New Rules of Marketing & PR, New Jersey, John Wiley & Sons, Inc.

Segev, Sigal et al. (2014). Acculturation and Consumer Loyalty Among Immigrants: a Cross- National Study. European Journal of Marketing. 48.9/10 : 1579-1599.

Shams, S. M. R. (2016). Capacity building for sustained competitive advantage: a conceptual framework. Marketing Intelligence & Planning, 34(5), 671-691. https://doi.org/10.1108/MIP-08-2015-0161

Stimac, Helena; Simic, MirnaLeko. (2012). “Competitiveness In Higher Education: A Need For Marketing Orientation And Service Quality”. Economics & Sociology . 5.2 : 23-34,153. https://doi.org/10.14254/2071-789X.2012/5-2/2

Susilo, Wilhelmus Hary dan Yulius, Yudi. (2013). Business Services Marketing: The Role of Consumers Orientation, Jakarta. IN Media.

Svein, Ottar Olsen et al. (2009). Including Ambivalence as a basis for Benefit Segmentation: A Study of Convenience food in Norway. European Journal of Marketing, 43. 5/6 : 762-783. https://doi.org/10.1108/03090560910947034

Trivedi, Minakshi, Morgan, Michael S,Kalpesh Kaushik Desai, (2008). Consumer's value for informational role of agent in service industry, The Journal of Services Marketing 22.2 : 149-159. https://doi.org/10.1108/08876040810862886

Viacava, Keitiline Ramos and Pedrozo, Eugenio Avila. (2010).” Higher Education in management: reinventing the paradigm to gain the capacity to handle today’s complexity”. On the Horizon, Vol.18 Iss:1, pp.45- 52. https://doi.org/10.1108/10748121011020994

Wang, Quanshenget al. (2014). Consumer Segmentation Analysis of Multichannel and Multistage Consumtion: A Latent Class MNL Aprroach, Journal of Electronic Commerce Research. 14.4. 339- 358.

Wijanto, Setyo H. (2007). Structural Equation Modeling with LISREL 8.8, The Concept and Tutorial. Jakarta, Graha Ilmu.

Yadav, M.S. (2018), Making Emerging Phenomena a Research Priority, Jornal of the Academy of Marketing Science, Volume 46, Number 3, May 2018, pp. 361-365. https://doi.org/10.1007/s11747-017-0575-0

Yamin, Sofyan. (2014). The Secret of Data with LISREL. Jakarta. MitraWacana Media.

Downloads

Published

2019-01-31

How to Cite

Susilo, W. H., & Julius, Y. (2019). THE COMPETITIVE ADVANTAGE: INSIGHTS FROM PRIVATE UNIVERSITIES. PEOPLE: International Journal of Social Sciences, 4(3), 1240–1252. https://doi.org/10.20319/pijss.2019.43.12401252