Journal of Finance and Islamic Banking
Full Lenght Article
Does Religiosity Mediate Gen Z’s Cosmetic Product Purchase Decisions?
Abstract
The size of the Gen Z segmentation, which reaches a range of 40 per cent in 2045 and the tendency to consume halal products, and the role of religiosity are interesting studies to be studied. With regard to this, the stimulus-organism-response (SOR) model is needed to see and analyse the credibility of the influncer and the role of religiosity in mediating the decision to purchase cosmetic products. This study was conducted with a quantitative approach of SemPLS method, with 100 respondents, most of whom are gen Z. This study found that the model obtained was valid, but the position of religiosity did not mediate the credibility of endorsers, popularity, and business ethics on purchasing decisions for cosmetic products. This is considered reasonable, considering that consumers use more rationality in deciding their purchases. In addition, the popularity, attractiveness, and credibility of endorsers increase the decision to purchase cosmetic products. Of course, in accordance with the findings, valuable input can be provided, especially in the halal beauty industry to continue to educate with improved marketing strategies and contribute to the theoretical literature of management and marketing science.
Keywords
Declarations
Publisher's Note
Universitas Islam Negeri Raden Mas Said Surakarta remains neutral with regard to jurisdictional claims in published maps and institutional affiliations.
References
Ahyar, M. K. (2020). Halal Industry and Islamic Banking: A Study of Halal Ecosystem Regulation in Indonesia. Journal of Finance and Islamic Banking, 2(2), 165–182. https://doi.org/10.22515/jfib.v2i2.1929
Ashoer, M., Syahnur, H., & Murdifin, I. (2019). Bagaimana Gaya Hidup mempengaruhi Keputusan Pembelian Tiket Online? Jurnal Ilmiah Manajemen Dan Bisnis, 20(1), 52–65. https://doi.org/10.30596/jimb.v20i1.2493
Atho’Illah, A. Y., & Yudha, A. T. R. C. (2022). Development Of Businesses Scale: Empirical Evidence From Business Center. In Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE) (Vol. 5, Issue 2).
Chitrakorn, K. (2015). Can Halal Cosmetics Outgrow Their Niche? BoF.
Choiriyah, E. A. N., Kafi, A., Hikmah, I. F., & Indrawan, I. W. (2020). Zakat and Poverty Alleviation in Indonesia: A Panel Analysis at Provincial Level. Journal of Islamic Monetary Economics and Finance, 6(4).
Djawahir, A. U. (2018). Teknologi-layanan Keuangan, Literasi-inklusi Keuangan, dan Value pada Fintech Syariah di Indonesia: Perspektif S-O-R (Stimulus-organism-response) Model. 2nd Proceedings Annual Conference for Muslim Scholars, April 2018, 439–448. www.bi.go.id/diakses
Hair Jr., J. H., Black, W. C., Babin, B. J., & Anderson, R. E. (2014). Multivariate Data Analysis (Seventh Edition).
Hair Jr., J. H., Black, W. C., Babin, B. J., & Anderson, R. E. (2019). Eighth Edition Multivariate Data Analysis (8th ed.). Annabel Ainscow.
Hasibuan, L. (2022). Industri Kecantikan Tahan Krisis, Laris Manis Meski Pandemi. CNCB Indonesia. https://www.cnbcindonesia.com/lifestyle/20221104104902-33-385138/industri-kecantikan-tahan-krisis-laris-manis-meski-pandemi
Hassan, Y., & Sengupta, A. (2019). India – an untapped market for halal products. Journal of Islamic Marketing, 10(3), 981–1002. https://doi.org/10.1108/JIMA-09-2018-0179
Ishak, S., Che Omar, A. R., Khalid, K., Intan, I. S., & Hussain, M. Y. (2019). Cosmetics purchase behavior of educated millennial Muslim females. Journal of Islamic Marketing. https://doi.org/10.1108/JIMA-01-2019-0014
Jayanti, S. E., & Siahaan, R. (2021). Pengaruh Celebrity Endorser Dan Brand Image Terhadap Keputusan Pembelian Lipstik Pixy Mahasiswi Stie Bina Karya. Jurnal Muhammadiyah Manajemen Bisnis, 2(1).
Laureceno, S. F. (2019). Fenomena Skin Care Lokal di Tengah Gempuran Produk Impor. Detik Finance. https://finance.detik.com/berita-ekonomi-bisnis/d-4744061/fenomena-skin-care-lokal-di-tengah-gempuran-produk-impor
Laureti, L., Massaro, A., Costantiello, A., & Leogrande, A. (2023). The Impact of Renewable Electricity Output on Sustainability in the Context of Circular Economy: A Global Perspective. Sustainability (Switzerland), 15(3). https://doi.org/10.3390/su15032160
Lou, C., & Kim, H. K. (2019). Fancying the New Rich and Famous? Explicating the Roles of Influencer Content, Credibility, and Parental Mediation in Adolescents’ Parasocial Relationship, Materialism, and Purchase Intentions. Frontiers in Psychology, 10(November), 1–17. https://doi.org/10.3389/fpsyg.2019.02567
Mediana. (2021). Produk Perawatan Kulit Laris Manis Selama Pandemi. Kompas.Id. https://www.kompas.id/baca/ekonomi/2021/10/08/produk-perawatan-kulit-tidak-sepi-peminat-selama-pandemi
Ngah, A. H., Ramayah, T., Ali, M. H., & Khan, M. I. (2019). Halal transportation adoption among pharmaceuticals and comestics manufacturers. Journal of Islamic Marketing. https://doi.org/10.1108/JIMA-10-2018-0193
Schouten, A. P., Janssen, L., & Verspaget, M. (2020). Celebrity vs Influencer endorsements in advertising the role of identification , credibility , and Product-Endorser fit. International Journal of Advertising, 39(2), 258–281. https://doi.org/10.1080/02650487.2019.1634898
Sukesi, & Akbar Hidayat, W. G. P. (2019). Managing the Halal industry and the purchase intention of Indonesian Muslims the case of Wardah cosmetics. Journal of Indonesian Islam, 13(1), 200–229. https://doi.org/10.15642/JIIS.2019.13.1.200-229
Tazlia, I., Nurfadilah, D., & Pratama, S. (2023). Purchase Intention of Halal Local Beauty Brand During COVID-19: the Role of Influencers’ Credibility and Halal Awareness. Journal of Islamic Monetary Economics and Finance, 9(3), 397–418. https://doi.org/10.21098/jimf.v9i3.1623
Trilatifah, W. (2022). Pergeseran Perilaku Konsumen Terkait Penggunaan Produk Kecantikan Selama Pandemi. Netray | Big Data. https://analysis.netray.id/pergeseran-perilaku-konsumen-terkait-penggunaan-produk-kecantikan-selama-pandemi/
Venciute, D., Mackeviciene, I., Kuslys, M., & Correia, R. F. (2023). The role of influencer–follower congruence in the relationship between influencer marketing and purchase behaviour. Journal of Retailing and Consumer Services, 75(July), 103506. https://doi.org/10.1016/j.jretconser.2023.103506
Wulandari, F. (2022). Strategi Brand Kosmetik Lokal Bertahan di Tengah Gempuran Produk Impor. Tribun Bisnis. https://www.tribunnews.com/bisnis/2022/05/26/strategi-brand-kosmetik-lokal-bertahan-di-tengah-gempuran-produk-impor
Yalina, N., Kartika, A. P., & Yudha, A. T. R. C. (2020). Impact Analysis of Digital Divide on Food Security and Poverty in Indonesiain 2015-2017. Jurnal Manajemen Teknologi, 19(2), 145–158. https://doi.org/10.12695/jmt.2020.19.2.3
Yudha, A. T. R. C., Awwaliah, H., & Pertiwi, E. M. (2021). SDGs Value and Islamic Philantrophy Through Zakah Institution During the Covid-19. Ihtifaz: Journal of Islamic Economics, Finance, and Banking, 4(1), 31. https://doi.org/10.12928/ijiefb.v4i1.2535
Yustika, A., Yudha, A. T. R. C., & Sugiyanto. (2023). Eksistensi Pemasaran Syariah dalam Ekosistem Bisnis Hotel di Masa Pandemi COVID-19. Nomicpedia, 3(1).
Copyright and permissions
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.