Relationships Between Advertising Effectiveness, Customer Perceived Value and Customer Loyalty

Relationships Between Advertising Effectiveness, Customer Perceived Value and Customer Loyalty PDF Author: Zemenay Yeneneh
Publisher:
ISBN:
Category :
Languages : en
Pages : 12

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Book Description
The banking industry is undertaking extensive promotional activities to attain customers' preference. The competition in Ethiopian banks is paramount and commercial banks in the country surpassed eighteen from five banks before sixteen years. Most banks engage in promotional activities without assurance of developing long-term relationships. The purpose of his study is to analyze the relationship between advertising effectiveness, customer perceived value and customer loyalty in the Ethiopian banking sector, particularly in the commercial bank of Ethiopia. The study was conducted at the five branches of the bank located in Bahir Dar city. The quantitative research approach was implemented and the study is explanatory research and the researcher used both primary and secondary sources of data. The sample consists of 400 respondents' selected based on convenience sampling procedure. The questionnaire was distributed to selected branches customers. The result implies that there is a positive and significant relationship between advertising effectiveness and customer loyalty. Customer perceived value partially mediate with the relationship between advertising effectiveness and customer loyalty. The finding indicated that effective advertising contributed to developing loyal customers. To improve loyalty the Bank should work on performance marketing strategies that improve the effectiveness of advertising.

Relationships Between Advertising Effectiveness, Customer Perceived Value and Customer Loyalty

Relationships Between Advertising Effectiveness, Customer Perceived Value and Customer Loyalty PDF Author: Zemenay Yeneneh
Publisher:
ISBN:
Category :
Languages : en
Pages : 12

Get Book Here

Book Description
The banking industry is undertaking extensive promotional activities to attain customers' preference. The competition in Ethiopian banks is paramount and commercial banks in the country surpassed eighteen from five banks before sixteen years. Most banks engage in promotional activities without assurance of developing long-term relationships. The purpose of his study is to analyze the relationship between advertising effectiveness, customer perceived value and customer loyalty in the Ethiopian banking sector, particularly in the commercial bank of Ethiopia. The study was conducted at the five branches of the bank located in Bahir Dar city. The quantitative research approach was implemented and the study is explanatory research and the researcher used both primary and secondary sources of data. The sample consists of 400 respondents' selected based on convenience sampling procedure. The questionnaire was distributed to selected branches customers. The result implies that there is a positive and significant relationship between advertising effectiveness and customer loyalty. Customer perceived value partially mediate with the relationship between advertising effectiveness and customer loyalty. The finding indicated that effective advertising contributed to developing loyal customers. To improve loyalty the Bank should work on performance marketing strategies that improve the effectiveness of advertising.

How Excellent Experiences affect Customer Loyalty

How Excellent Experiences affect Customer Loyalty PDF Author: Daniel Gurski
Publisher: GRIN Verlag
ISBN: 3656416214
Category : Business & Economics
Languages : en
Pages : 63

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Book Description
Master's Thesis from the year 2013 in the subject Business economics - Offline Marketing and Online Marketing, grade: 1,3, Maastricht University (School of Business and Economics), language: English, abstract: Abstract The thesis at hand develops a new scale to measure customer experience quality on the basis of four dimensions: service quality, atmosphere quality, flow quality, and learning quality. The American coffee company Starbucks is used as exemplary case to validate the theory empirically. Product quality is found to be a separate, but related construct to customer experience quality. The author investigates the effect of customer experiences on customer loyalty and finds that customer experience quality indirectly affects customer loyalty intentions through perceived value. The relative importance of customer experience quality for perceived value and in succession customer loyalty intentions is found to be much higher than that of product quality. Moreover, perceived wealth of the customer acts as a moderator and increases the positive effect of customer experience quality on perceived value wheras it weakens the effect of product quality on perceived value. Collectively, the results extend and clarify concepts in the evolving, but inconsistent customer experience literature. The findings enable managers to stage customer experiences more effectively and more efficiently.

A Model of Customer Loyalty

A Model of Customer Loyalty PDF Author: Udo Schlentrich
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description


The Influence of Relationship Marketing on Customer Loyalty

The Influence of Relationship Marketing on Customer Loyalty PDF Author: Jean Wanjiku Munyaka
Publisher: LAP Lambert Academic Publishing
ISBN: 9783659484414
Category :
Languages : en
Pages : 72

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Book Description
Increasingly, marketing is moving from a focus on individual transactions and towards a focus on building value-laden relationships and partnerships with the customer. The goal is to deliver long-term value and relationship with existing customers and the measure of success is customer loyalty. There are many different relationship marketing tactics implemented for retaining customers. However, some of those tactics do not affect customer loyalty effectively and switching behaviors frequently occur among most of targeted customers. Therefore, this study is aimed to investigate the influence of relationship marketing tactics on relationship quality, which in turn influences customer loyalty, by focusing on Kenyan Telecommunication vendor sector. A conceptual framework is developed as a guideline to test the relationships between relationship marketing tactics (service quality, price perception, personalization and value offers), relationship quality constructs (customer satisfaction, customer trust and customer commitment) and finally on customer loyalty.

The Reign of the Customer

The Reign of the Customer PDF Author: Claes Fornell
Publisher: Springer Nature
ISBN: 3030135624
Category : Business & Economics
Languages : en
Pages : 217

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Book Description
With major retailers closing brick-and-mortar stores every month and the continued shift to online shopping, there is a major push to strengthen customer loyalty by improving the customer experience. The two most important qualities that consumers look for are convenience and efficiency. Finally a source is available that will give retailers and companies in general the insight needed to enhance customer satisfaction while improving the overall shopping experience. This book uses the world-leading findings from the American Customer Satisfaction Index (ACSI) and its accompanying Global Customer Satisfaction Index (GCSI) – invaluable, incomparable sources of consumer insights and information, to inform best practices for improving the consumer experience, better satisfying customers, and achieving profitable customer loyalty today and into the rapidly changing future. This book will help us understand where we were, where we are today, and where we are heading tomorrow in providing exceptional customer experiences. It is a must-read for marketing professionals and customer-focused senior executives alike.

Handbook of Research on Customer Loyalty

Handbook of Research on Customer Loyalty PDF Author: Keeling, Debbie I.
Publisher: Edward Elgar Publishing
ISBN: 1800371632
Category : Business & Economics
Languages : en
Pages : 384

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Book Description
Identifying customer loyalty as a crucial success factor in contemporary marketing thinking and practice, this innovative Handbook incorporates a rich collection of perspectives on the current topics and research-driven practices in the field. Leading scholars offer an insightful reimagining of the research methods, metrics, and designs for the future of measuring and predicting customer loyalty.

One Customer, Divisible

One Customer, Divisible PDF Author: Michael W. Lowenstein
Publisher: Thomson
ISBN:
Category : Business & Economics
Languages : en
Pages : 248

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Book Description
Are you getting the most from your customers? Discover how one book could teach you how to optimize your customer relationships. In fact, it goes significantly beyond traditional thinking and approaches to CRM and customer loyalty to emphasize a key leveraging factor largely missed by most marketers thus far: Using individual customer data, on a purchasing situation or venue-specific basis, to provide the highest level of perceived value. Specifically, what information should a marketer gather from and about customers, and how to manage it, how to share it, how to apply it, customer by customer and situation by situation?

Proceedings of the International Conference on Islamic and Muhammadiyah Studies (ICIMS 2023)

Proceedings of the International Conference on Islamic and Muhammadiyah Studies (ICIMS 2023) PDF Author: Triono Ali Mustofa
Publisher: Springer Nature
ISBN: 2384761021
Category : Religion
Languages : en
Pages : 773

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Book Description
This is an open access book. We cordially invite you to submit your papers for the International Conference on Islamic and Muhammadiyah Studies (ICIMS) 2023, This conference is part of a conference program called International Summit on Science Technology and Humanity (ISETH) 2022 Organized by Universitas Muhammadiyah Surakarta. This conference will be hosted online from Surakarta, Indonesia on 11–12 January 2023.

Handbook of Research on Technology Applications for Effective Customer Engagement

Handbook of Research on Technology Applications for Effective Customer Engagement PDF Author: Mohd Suki, Norazah
Publisher: IGI Global
ISBN: 179984773X
Category : Business & Economics
Languages : en
Pages : 391

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Book Description
In the challenging digital economy, bridging the gap between the external stakeholder and business entities through effective applications of technology carries more importance than ever before. By building a strong online presence and maintaining a long-lasting relationship with valuable customers through high-quality customer experience, companies continue to thrive during this digital age. The Handbook of Research on Technology Applications for Effective Customer Engagement is a pivotal reference source that provides vital research on the utilization of the best research practices for consumer satisfaction and loyalty. While highlighting topics such as target marketing, consumer behavior, and brand equity, this publication explores the applications of modern technology in marketing as well as recent business activities of international companies. This book is ideally designed for business professionals, practitioners, marketers, advertisers, brand managers, retailers, managers, academics, researchers, and graduate-level students.

Making a Difference Through Marketing

Making a Difference Through Marketing PDF Author: Carolin Plewa
Publisher: Springer
ISBN: 9811004641
Category : Business & Economics
Languages : en
Pages : 280

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Book Description
This book honours the contribution Professor Pascale Quester has made to academia and higher education, through her research, teaching, and leadership. It provides readers with a comprehensive, contemporary perspective on marketing practice with an emphasis on the role of marketing in making a difference. Organisations are interwoven with the society in which they operate and are thus commonly expected to shoulder some responsibility in advancing that society. While there has been significant academic and practitioner focus on corporate social responsibility (CSR), research is often limited to the organisational benefits and implementation of CSR initiatives, this book presents a broader perspective. It highlights a variety of players and approaches that are making a difference to their various stakeholder groups, specifically in the areas of sponsorship, consumer behaviour, education, health and innovation.