Online Cultural Activities Information on Customer Trust on Microfinance Institutions in Bali
- DOI
- 10.2991/assehr.k.220301.036How to use a DOI?
- Keywords
- customer trust; online cultural; cultural value; microfinance
- Abstract
Live broadcast video has been widely used by a company or individual as a sales tool. Some literatures explain that it is mostly used by trading companies to influence customers. This study, however, explains cultural activities conducted by microfinance institutions used as a tool for attraction to build consumer trust and trust in the company. About 300 respondents who have experience of watching video on the website have filled the questionnaire well. Data analyze using partial least squares structural equation modeling. The result indicates that cultural values related to God and human had a significant influence on trust in product. It is different to cultural values related to environment that has no meaning in building customer trust. The research result gives implication by giving strong encouragement to the managers to maintain community culture as one of credit marketing strategies. The research result contributes to e-commerce and consumer trust theory in the decision making of service buying through cultural activities, which are activities that are less common in banking world. The research is limited to cultural activities and it can be developed by looking at other social media used.
- Copyright
- © 2022 The Authors. Published by Atlantis Press SARL.
- Open Access
- This is an open access article under the CC BY-NC license.
Cite this article
TY - CONF AU - I Putu Astawa AU - I Gusti Agung Bagus Mataram AU - Christantius Dwiatmadja PY - 2022 DA - 2022/03/04 TI - Online Cultural Activities Information on Customer Trust on Microfinance Institutions in Bali BT - Proceedings of the International Conference on Applied Science and Technology on Social Science 2021 (iCAST-SS 2021) PB - Atlantis Press SP - 216 EP - 222 SN - 2352-5398 UR - https://doi.org/10.2991/assehr.k.220301.036 DO - 10.2991/assehr.k.220301.036 ID - Astawa2022 ER -