Developing and Validating Instruments for Measuring System Economic Conventional, System Economic Islam, Marketing Digital and Perfection Gold Marketing

The rapid development of information technology invites us to move forward quickly in line with the progress of the times. Business systems and concepts in the field of product marketing are now thriving beyond national and continental boundaries. The use of Digital Marketing Systems has torn apart traditional marketing systems. Local marketing has changed to global marketing, from a small business scale to a larger and wider scale. This study was conducted to develop and validate an instrument based on the Exploratory Factor Analysis (EFA) process for measuring the constructs System Economic Conventional, System Economic Islam, Marketing Digital and Perfection Gold Marketing. This study uses quantitative research methods based on Structural Equation Modeling (SEM) to analyze various relationships between variables in the study model. Before the data is analyzed using SEM, EFA is carried out to identify the appropriateness of the items used in the research instrument. This study describes in detail the procedure of conducting EFA analysis for each construct. The findings of this study show validity values based on Kaiser-Meyer-Olkin (KMO), Total Variance Explained (TVE), Factor Loading and reliability values based on Cronbach's Alpha, have met all the required values.

Authors

Publication Details

Journal
ICRRD Quality Index Research Journal
Published
2025-01-01
DOI
https://doi.org/10.53272/icrrd.v6i2.5
Primary Topic
Islamic Finance and Banking Studies
Type
article
Field-Weighted Citation Impact
0.00

Funders

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Developing and Validating Instruments for Measuring System Economic Conventional, System Economic Islam, Marketing Digital and Perfection Gold Marketing

Razi Yaakob, Mohd Sani Ismail, Zamri Chik
ICRRD Quality Index Research Journal
Islamic Finance and Banking Studies
article

Developing and Validating Instruments for Measuring System Economic Conventional, System Economic Islam, Marketing Digital and Perfection Gold Marketing

Razi Yaakob, Mohd Sani Ismail, Zamri Chik
article en

Abstract

The rapid development of information technology invites us to move forward quickly in line with the progress of the times. Business systems and concepts in the field of product marketing are now thriving beyond national and continental boundaries. The use of Digital Marketing Systems has torn apart traditional marketing systems. Local marketing has changed to global marketing, from a small business scale to a larger and wider scale. This study was conducted to develop and validate an instrument based on the Exploratory Factor Analysis (EFA) process for measuring the constructs System Economic Conventional, System Economic Islam, Marketing Digital and Perfection Gold Marketing. This study uses quantitative research methods based on Structural Equation Modeling (SEM) to analyze various relationships between variables in the study model. Before the data is analyzed using SEM, EFA is carried out to identify the appropriateness of the items used in the research instrument. This study describes in detail the procedure of conducting EFA analysis for each construct. The findings of this study show validity values based on Kaiser-Meyer-Olkin (KMO), Total Variance Explained (TVE), Factor Loading and reliability values based on Cronbach's Alpha, have met all the required values.

ICRRD Quality Index Research JournalVol. 6(2)
Universiti Sultan Zainal Abidin
Openalex Percentile: Top 90%
Islamic Finance and Banking Studies
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Developing and Validating Instruments for Measuring System Economic Conventional, System Economic Islam, Marketing Digital and Perfection Gold Marketing — Razi Yaakob, Mohd Sani Ismail, et al. · ICRRD Quality Index Research Journal (2025) | TGRS Research Map | TGRS