The impact of social ties on customer loyalty: Mediating effects of satisfaction and moderating commitment
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Received August 30, 2024;Accepted December 17, 2024;Published December 23, 2024
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Author(s)Link to ORCID Index: https://orcid.org/0000-0001-9375-2137
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DOIhttp://dx.doi.org/10.21511/im.20(4).2024.20
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Article InfoVolume 20 2024, Issue #4, pp. 234-244
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Social bonding tactics help companies and their customers develop friendships by focusing, maintaining relationships, and interacting personally. This study was conducted to determine whether consumer satisfaction is an effective mediator in the relationship between trust, brand image and social ties to consumer loyalty, as well as the evaluation of consumer commitment as a moderator variable at BNI Bank in Southeast Sulawesi Province, Indonesia. Purposive sampling was used to select 152 respondents who had to be adults at least 17 years old and customers who had been with the company for at least six months. Questionnaires were distributed based on the number of responders in order to gather primary data. Sixty-nine clients (45.4%) were female, while 83 customers (54.6%) were male. The data were then examined using structural equation modelling. The findings show how social connections, brand perception, and trust affect customer satisfaction. Additionally, the results demonstrate that commitment positively moderates the effect of satisfaction on customer loyalty, which is influenced by social relationships at 0.137 with a p-value of 0.008 and customer satisfaction at 0.117 with a p-value of 0.043. It makes sense that commitment positively moderates the effect of customer satisfaction on customer loyalty and that customer satisfaction is a useful intervening variable. This demonstrates how raising customer commitment, brand image, social connections, consumer trust, and contentment may all result in increased levels of loyalty. Developing stronger social ties will lead to more loyal, satisfied, and repeat business from customers.
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JEL Classification (Paper profile tab)M31, M21, O14
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References45
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Tables6
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Figures2
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- Figure 1. Framework for research concepts
- Figure 2. The research model’s path coefficient (β = coefficient, p = probability, and R2 = determination)
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- Table 1. Features of the respondents
- Table 2. Values for AVE and the loading factor
- Table 3. Relationships between implicit variables
- Table 4. Results of reliability testing
- Table 5. Model fit
- Table 6. Results of hypotheses testing
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Conceptualization
Juharsah Juharsah
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Data curation
Juharsah Juharsah
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Formal Analysis
Juharsah Juharsah
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Investigation
Juharsah Juharsah
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Methodology
Juharsah Juharsah
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Project administration
Juharsah Juharsah
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Resources
Juharsah Juharsah
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Software
Juharsah Juharsah
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Supervision
Juharsah Juharsah
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Validation
Juharsah Juharsah
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Visualization
Juharsah Juharsah
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Writing – original draft
Juharsah Juharsah
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Writing – review & editing
Juharsah Juharsah
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Conceptualization
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Factors affecting service quality at Vietnamese retail banks
Banks and Bank Systems Volume 13, 2018 Issue #2 pp. 39-48 Views: 6539 Downloads: 1404 TO CITE АНОТАЦІЯSustainable growth and development can be the most important lesson that banks have learned in recent decades. Banks would gain many benefits, win the competition and develop sustainably if there have been more and more loyal customers. Customer satisfaction will help build customer loyalty. In order to have loyal customers, service quality must be good. Quality customer service of the bank is to ensure customer satisfaction and take their needs into consideration to improve service quality. High customer service quality will generate value not only to meet customer needs but also the expectations of customers and make banks more prominent than their competitors. This study identifies factors that affect customer satisfaction with the service quality at Vietnamese retail banks. The results are obtained by qualitative and quantitative method. The research model with a questionnaire consisting of 22 variables, 5 scales for a survey of 554 customers, is identified and developed through interviews with experts and group discussions. The findings show that customer satisfaction with the service quality at retail banks is influenced by “reliability”, “responsiveness”, “empathy”, “security”, and “tangibles”. Based on the findings, solutions for improving service quality are proposed for Vietnamese retail banks.
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Impact of culture, brand image and price on buying decisions: Evidence from East Java, Indonesia
Sudaryanto Sudaryanto , Imam Suroso , Anifatul Hanim , Jaloni Pansiri , Taskiya Latifatil Umama doi: http://dx.doi.org/10.21511/im.17(1).2021.11Innovative Marketing Volume 17, 2021 Issue #1 pp. 130-142 Views: 2694 Downloads: 803 TO CITE АНОТАЦІЯThe marketing strategy phenomenon improves significantly, narrowing from a general to a specific cultural ethnicity base and from variable to dimension analysis. This study examines the impact of culture, brand image and price on buying decisions. The study population comprised retail consumers in the sampled area of Situbondo, East Java, Indonesia. A multi-stage sampling technique was used to derive a sample of 112 respondents as a primary data source – descriptive statistics allows for the demographic characteristics of retail consumers in East Java, Indonesia. Surprisingly, the data showed that gender involvement in buyer decision-making was dominant. Most retail customers were identified as private-sector employees and indicated for higher income earners. Responses were then analyzed using multiple linear regressions to answer the research hypotheses. The results showed that Hofstede’s culture dimension and the brand image and price significantly affected consumer buying decisions at retail stores in East Java, Indonesia. Regarding the strength of Islamic culture in East Java, price was the primary consideration in buying decisions. Further research, preferably using ethnographic approaches with an emphasis on qualitative research, is needed to investigate the implications of these relationships.
Acknowledgment
We would like to thank the Research Centre (LP2M) of University of Jember, East Java, Indonesia, for their support and funding. We also want to thank Rusdiyanto, a Ph.D. student from the Faculty of Economics and Business, Universitas Airlangga, Surabaya, Indonesia, for his helpful discussions and contributions. -
Factors that affect customer loyalty in small enterprises
The study was conducted by collecting the data from 608 customers of migrant retailers working in the retail industry of Pretoria West in South Africa in order to identify socioeconomic factors that affect customer loyalty. Data was collected from eligible respondents by using a pre-tested, validated and standardised questionnaire of study that was self-administered by respondents. The study found that about 69% of customers were loyal to their retailers. About 68% of customers had a favorable attitude towards their retailers. About 68% of retailers used appropriate promotional measures for marketing their goods to potential customers. About 69% of retailers provided their customers with satisfactory quality of services. About 67% of customers were loyal to their retailers’ brands. Factor analysis was used for extracting 3 influential predictors of customer loyalty. These factors were entrepreneurial skills, marketing skills, and selling price. The percentage of variance explained by the 3 extracted factors was equal to 92.58%.