Unlocking Loyalty: Investigating the Nexus of Alternative Attractiveness, Value Perceptions, Brand Knowledge, and Relationship Time in Customer Satisfaction and Loyalty Dynamics

##plugins.themes.academic_pro.article.main##

Dr. Atteeq ur Rahman
Nazia Yasmin
Dr. Rana Muhammad Shahid Yaqub
Dr Waqas Manzoor

Abstract

This study scrutinizes the role of diverse antecedents of customer satisfaction and loyalty for the smart phone devices. The antecedents comprise of alternative attractiveness, value and brand knowledge.  Path analysis and multivariate techniques have been applied to check the variance in CS and CL explained by the relevant independent variables. Representative sample of 215 users of smart phones in three cities of Pakistan (Rawalpindi, Islamabad and Faisalabad) was selected.  Results signify that value and brand knowledge have a significant and constructive impact on customer loyalty, whereas alternative attractiveness has an unconstructive but significant impact on customer loyalty. CS shows partial mediation between alternative attractiveness, brand knowledge and customer loyalty, whereas it plays full mediation between value and customer loyalty. In this study, the moderation effect of relationship period has also been checked between CS and CL. Results explain the association period positively moderates the association between CS and CL. Managerial implications of the study have been discussed in the report. 

##plugins.themes.academic_pro.article.details##

How to Cite
[1]
ur Rehman, A., Yasmin, N., Shahid Yaqub, R.M. and Manzoor, W. 2024. Unlocking Loyalty: Investigating the Nexus of Alternative Attractiveness, Value Perceptions, Brand Knowledge, and Relationship Time in Customer Satisfaction and Loyalty Dynamics. Journal of Policy Research. 10, 2 (Jun. 2024), 1–10. DOI:https://doi.org/10.61506/02.00201.

References

  1. Aaker, D. A. 1996. Measuring brand equity across products and markets. California management review, 38(3), 103. DOI: https://doi.org/10.2307/41165845
  2. Adams, J. S. 1965. Inequity in social exchange. Advances in experimental social psychology, 2(267-299). DOI: https://doi.org/10.1016/S0065-2601(08)60108-2
  3. Ahmad, N. 2012. Utilitarian and Hedonic Values of Mobile Services: A Preliminary Analysis from the Users' Perspective. Business & Accounting Review, 9, 69-83.
  4. Aksoy, L., Buoye, A., Aksoy, P., Larivière, B., & Keiningham, T. L. 2013. A cross-national investigation of the satisfaction and loyalty linkage for mobile telecommunications services across eight countries. Journal of Interactive Marketing, 27(1), 74-82. DOI: https://doi.org/10.1016/j.intmar.2012.09.003
  5. Alimen, N., & Cerit, A. G. 2010. Dimensions of brand knowledge: Turkish university students consumption of international fashion brands. Journal of Enterprise Information Management, 23(4), 538-558. DOI: https://doi.org/10.1108/17410391011061807
  6. Amin, M., Isa, Z., & Fontaine, R. 2011. The role of CSin enhancing CLin Malaysian Islamic banks. The Service Industries Journal, 31(9), 1519-1532. DOI: https://doi.org/10.1080/02642060903576076
  7. Babin, B. J., Darden, W. R., & Griffin, M. 1994. Work and/or fun: Measuring hedonic and utilitarian shopping value. Journal of consumer research. DOI: https://doi.org/10.1086/209376
  8. Baron, R. M., & Kenny, D. A. 1986. The moderator–mediator variable distinction in social psychological research: Conceptual, strategic, and statistical considerations. Journal of personality and social psychology, 51(6), 1173. DOI: https://doi.org/10.1037//0022-3514.51.6.1173
  9. Bartikowski, B., Walsh, G., & Beatty, S. E. 2011.Culture and age as moderators in the corporate reputation and loyalty relationship. Journal of Business Research, 64(9), 966-972. DOI: https://doi.org/10.1016/j.jbusres.2010.11.019
  10. Brunner, T. A., Stöcklin, M., & Opwis, K. 2008. Satisfaction, image and loyalty: new versus experienced customers. European Journal of Marketing, 42(9/10), 1095-1105. DOI: https://doi.org/10.1108/03090560810891163
  11. Chitturi, R. 2009. Emotions by design: A consumer perspective. International Journal of Design, 3(2), 7-17.
  12. Chitturi, R., Raghunathan, R., &Mahajan, V. 2008. Delight by design: the role of hedonic versus utilitarian benefits. Journal of Marketing, 72(3), 48-63. DOI: https://doi.org/10.1509/jmkg.72.3.48
  13. Cooil, B., Keiningham, T. L., Aksoy, L., & Hsu, M. 2007. A longitudinal analysis of CSand share of wallet: investigating the moderating effect of customer characteristics. Journal of Marketing, 67-83. DOI: https://doi.org/10.1509/jmkg.71.1.67
  14. Cronin Jr, J. J., Brady, M. K., &Hult, G. T. M. 2000. Assessing the effects of quality, value, and CSon consumer behavioral intentions in service environments. Journal of retailing, 76(2), 193-218. DOI: https://doi.org/10.1016/S0022-4359(00)00028-2
  15. Dagger, T. S., & Sweeney, J. C. 2007. Service Quality Attribute Weights How Do Novice and Longer-Term Customers Construct Service Quality Perceptions?.Journal of Service Research, 10(1), 22-42. DOI: https://doi.org/10.1177/1094670507303010
  16. Eisenbeiss, M., Cornelißen, M., Backhaus, K., & Hoyer, W. D. 2014. Nonlinear and asymmetric returns on customer satisfaction: do they vary across situations and consumers?. Journal of the Academy of Marketing Science, 1-22. DOI: https://doi.org/10.1007/s11747-013-0366-1
  17. Flint, D. J., Blocker, C. P., & Boutin, P. J. 2011. Customer value anticipation, CSand loyalty: An empirical examination. Industrial Marketing Management, 40(2), 219-230 DOI: https://doi.org/10.1016/j.indmarman.2010.06.034
  18. Ha, Y. W., & Park, M. C. 2013. Antecedents of CSand CLfor Emerging Devices in the Initial Market of Korea: An Equity Framework. Psychology & Marketing, 30(8), 676-689. DOI: https://doi.org/10.1002/mar.20637
  19. Han, H., Kim, W., & Hyun, S. S. 2011. Switching intention model development: role of service performances, customer satisfaction, and switching barriers in the hotel industry. International Journal of Hospitality Management,30(3), 619-629. DOI: https://doi.org/10.1016/j.ijhm.2010.11.006
  20. Hansen, H., Samuelsen, B. M., & Sallis, J. E. 2013. The Moderating Effects of Need for Cognition on Drivers of Customer Loyalty. European Journal of Marketing, 47(8), 2-2. DOI: https://doi.org/10.1108/03090561311324264
  21. Hansen, H., Samuelsen, B. M., &Silseth, P. R. 2008. Customer perceived value in BtB service relationships: Investigating the importance of corporate reputation. Industrial Marketing Management, 37(2), 206-217. DOI: https://doi.org/10.1016/j.indmarman.2006.09.001
  22. Hutter, K., Hautz, J., Dennhardt, S., & Füller, J. 2013. The impact of user interactions in social media on brand awareness and purchase intention: the case of MINI on Facebook. Journal of Product & Brand Management, 22(5/6), 2-2. DOI: https://doi.org/10.1108/JPBM-05-2013-0299
  23. Jones, T. O., & Sasser, W. E. 1995. Why satisfied customers defect. Harvard business review, 73(6), 88.
  24. Keller, K. L. 1993. Conceptualizing, measuring, and managing customer-based brand equity. The Journal of Marketing, 1-22. DOI: https://doi.org/10.1177/002224299305700101
  25. Keller, K. L., & Lehmann, D. R. 2006. Brands and branding: Research findings and future priorities. Marketing Science, 25(6), 740-759. DOI: https://doi.org/10.1287/mksc.1050.0153
  26. Lai, Griffin & Babin, 2009. How quality, value, image, and satisfaction create loyalty at a Chinese telecom. Journal of Business Research, 62(10), 980-986. DOI: https://doi.org/10.1016/j.jbusres.2008.10.015
  27. Lee, M., & Cunningham, L. F. 2001.A cost/benefit approach to understanding service loyalty. Journal of services Marketing, 15(2), 113-130. DOI: https://doi.org/10.1108/08876040110387917
  28. Mano, H., & Oliver, R. L. 1993. Assessing the dimensionality and structure of the consumption experience: evaluation, feeling, and satisfaction. Journal of Consumer research, 20(3), 451-66. DOI: https://doi.org/10.1086/209361
  29. McMullan, R., & Gilmore, A. 2008. Customer loyalty: an empirical study. European Journal of Marketing, 42(9/10), 1084-1094. DOI: https://doi.org/10.1108/03090560810891154
  30. Min, D., & Wan, L. 2009. Switching factors of mobile customers in Korea.Journal of Service Science, 1(1), 105-120. DOI: https://doi.org/10.1007/s12927-009-0006-y
  31. Nguyen, N., & LeBlanc, G. 1998. The mediating role of corporate image on customers retention decisions: an investigation in financial services. International Journal of Bank Marketing, 16(2), 52-65. DOI: https://doi.org/10.1108/02652329810206707
  32. Oliver & Richard L, 1999. Whence consumer loyalty? The Journal of Marketing: 33-44. DOI: https://doi.org/10.2307/1252099
  33. Oliver & Winer, R. S. 1987. A framework for the formation and structure of consumer expectations: review and propositions. Journal of Economic Psychology, 8(4), 469-499. DOI: https://doi.org/10.1016/0167-4870(87)90037-7
  34. Pappu, R., & Quester, P. 2006. Does CSlead to improved brand equity? An empirical examination of two categories of retail brands.Journal of Product & Brand Management, 15(1), 4-14. DOI: https://doi.org/10.1108/10610420610650837
  35. Ping Jr, R. A. 2003. Antecedents of satisfaction in a marketing channel.Journal of Retailing, 79(4), 237-248. DOI: https://doi.org/10.1016/j.jretai.2003.09.001
  36. Raimondo, M. A., & Costabile, M. 2008. How relationship age moderates loyalty formation the increasing effect of relational equity on customer loyalty.Journal of Service Research, 11(2), 142-160. DOI: https://doi.org/10.1177/1094670508324678
  37. Ramaseshan, B., Rabbanee, F. K., &Hui, L. T. H. 2013. Effects of customer equity drivers on CLin B2B context. Journal of Business & Industrial Marketing, 28(4), 335-346. DOI: https://doi.org/10.1108/08858621311313929
  38. Ranaweera, C., &Menon, K. 2013. For better or for worse?: Adverse effects of relationship age and continuance commitment on positive and negative word of mouth. European Journal of Marketing, 47(10), 1598-1621. DOI: https://doi.org/10.1108/EJM-06-2011-0295
  39. Roig, J. C. F., Garcia, J. S., Tena, M. A. M., &Monzonis, J. L. 2006. Customer perceived value in banking services. International Journal of Bank Marketing, 24(5), 266-283. DOI: https://doi.org/10.1108/02652320610681729
  40. Saunder, M. N., Saunder, M., Lewis, P., &Thornhill, A. 2011. Research Methods for business students, 5/e. Pearson Education India.
  41. Sekaran, U. 2003. Research methods for bussiness:A skill-building approach. (4th ed.). USA: John Willey & Sons.
  42. Sharma, N., & Patterson, P. G. 2000. Switching costs, alternative attractiveness and experience as moderators of relationship commitment in professional, consumer services. International journal of service industry management, 11(5), 470-490. DOI: https://doi.org/10.1108/09564230010360182
  43. Sohail, M., & Shanmugham, B. 2003. E-banking and customer preferences in Malaysia: an empirical investigation. Information Sciences,150(3), 207-217. DOI: https://doi.org/10.1016/S0020-0255(02)00378-X
  44. Spiteri, J. M., & Dion, P. A. 2004. Customer value, overall satisfaction, end-user loyalty, and market performance in detail intensive industries. Industrial Marketing Management, 33(8), 675-687. DOI: https://doi.org/10.1016/j.indmarman.2004.03.005
  45. Suh & Youjae, Y. 2006. When brand attitudes affect the customer satisfaction-loyalty relation: the moderating role of product involvement. Journal of Consumer Psychology, 16(2), 145-155. DOI: https://doi.org/10.1207/s15327663jcp1602_5
  46. Wu, A. D., & Zumbo, B. D. 2008. Understanding and using mediators and moderators. Social Indicators Research, 87(3), 367-392. DOI: https://doi.org/10.1007/s11205-007-9143-1
  47. Yang, Z., & Peterson, R. T. 2004. Customer perceived value, satisfaction, and loyalty: the role of switching costs. Psychology & Marketing, 21(10), 799-822. DOI: https://doi.org/10.1002/mar.20030
  48. Yen, Y. X., &Horng, D. J. 2010. Effects of satisfaction, trust and alternative attractiveness on switching intentions in industrial customers. International Journal of Management and Enterprise Development, 8(1), 82-101. DOI: https://doi.org/10.1504/IJMED.2010.029762
  49. Yim, C. K. B., Chan, K. W., & Hung, K. 2007. Multiple reference effects in service evaluations: Roles of alternative attractiveness and self-image congruity.Journal of Retailing, 83(1), 147-157. DOI: https://doi.org/10.1016/j.jretai.2006.10.011
  50. Zeithaml, V. A. 1988. Consumer perceptions of price, quality, and value: a means-end model and synthesis of evidence. The Journal of Marketing, 2-22. DOI: https://doi.org/10.1177/002224298805200302