AN ANALYSIS ON THE DECISION MODEL OF SMART PLUS INSURANCE PRODUCT PURCHASE

The purposes of this study were 1) to analyze the decision model of Smart Plus insurance product purchase and 2) to determine the criteria, sub-criteria, and alternative priorities in Smart Plus purchase decision model. The methods utilized in the study included a survey and interview (in-depth inte...

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Main Authors: Fitry Primadona, Ujang Sumarwan, Mukhamad Najib
Format: Article
Language:English
Published: Bogor Agricultural University 2016-09-01
Series:Indonesian Journal of Business and Entrepreneurship
Online Access:http://journal.ipb.ac.id/index.php/ijbe/article/view/14182
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author Fitry Primadona
Ujang Sumarwan
Mukhamad Najib
author_facet Fitry Primadona
Ujang Sumarwan
Mukhamad Najib
author_sort Fitry Primadona
collection DOAJ
description The purposes of this study were 1) to analyze the decision model of Smart Plus insurance product purchase and 2) to determine the criteria, sub-criteria, and alternative priorities in Smart Plus purchase decision model. The methods utilized in the study included a survey and interview (in-depth interview) by using an AHP analysis (Analytical Hierarchy Process) and processing software of "Expert Choice". The result of the first analysis indicated the four marketing mixes that had been performed (Price, Product, Process, and Place); while the second one showed that the purchase of Smart Plus product is based on the factors with the level of interest as follow: benefit (36.3%), premium (35.7%), membership process (14.6%), and provider (13.4%). The result of the second analysis revealed the important sub-criteria including premium offer, additional benefits, membership card, and temporary certificate from the medical specialist.<br /><br />Keywords: AHP, life insurance, marketing mix, purchase decision
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spelling doaj.art-7f27695f5ca646f6b6efe93ac1a916172022-12-22T01:22:49ZengBogor Agricultural UniversityIndonesian Journal of Business and Entrepreneurship2407-54342407-73212016-09-012310.17358/ijbe.2.3.16510710AN ANALYSIS ON THE DECISION MODEL OF SMART PLUS INSURANCE PRODUCT PURCHASEFitry Primadona0Ujang Sumarwan1Mukhamad Najib2Account Manager Mandiri InhealthDepartment of Family and Consumer Sciences, Faculty of Human Ecology, Bogor Agricultural UniversityDepartment of Management, Faculty of Economics and Management, Bogor Agricultural UniversityThe purposes of this study were 1) to analyze the decision model of Smart Plus insurance product purchase and 2) to determine the criteria, sub-criteria, and alternative priorities in Smart Plus purchase decision model. The methods utilized in the study included a survey and interview (in-depth interview) by using an AHP analysis (Analytical Hierarchy Process) and processing software of "Expert Choice". The result of the first analysis indicated the four marketing mixes that had been performed (Price, Product, Process, and Place); while the second one showed that the purchase of Smart Plus product is based on the factors with the level of interest as follow: benefit (36.3%), premium (35.7%), membership process (14.6%), and provider (13.4%). The result of the second analysis revealed the important sub-criteria including premium offer, additional benefits, membership card, and temporary certificate from the medical specialist.<br /><br />Keywords: AHP, life insurance, marketing mix, purchase decisionhttp://journal.ipb.ac.id/index.php/ijbe/article/view/14182
spellingShingle Fitry Primadona
Ujang Sumarwan
Mukhamad Najib
AN ANALYSIS ON THE DECISION MODEL OF SMART PLUS INSURANCE PRODUCT PURCHASE
Indonesian Journal of Business and Entrepreneurship
title AN ANALYSIS ON THE DECISION MODEL OF SMART PLUS INSURANCE PRODUCT PURCHASE
title_full AN ANALYSIS ON THE DECISION MODEL OF SMART PLUS INSURANCE PRODUCT PURCHASE
title_fullStr AN ANALYSIS ON THE DECISION MODEL OF SMART PLUS INSURANCE PRODUCT PURCHASE
title_full_unstemmed AN ANALYSIS ON THE DECISION MODEL OF SMART PLUS INSURANCE PRODUCT PURCHASE
title_short AN ANALYSIS ON THE DECISION MODEL OF SMART PLUS INSURANCE PRODUCT PURCHASE
title_sort analysis on the decision model of smart plus insurance product purchase
url http://journal.ipb.ac.id/index.php/ijbe/article/view/14182
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