Khan, Kamran and Hameed, Irfan (2017): The mediation of customer satisfaction and moderation of Price: Evidence from the generation Y users of cell phones. Published in: KASBIT Business Journal , Vol. 10, (2017): pp. 21-56.
PDF
MPRA_paper_91773.pdf Download (727kB) |
Abstract
The purpose of conducting this study is to identify and explain the drivers of brand loyalty with customer satisfaction as mediator and the role of pricing because Pakistan’s market is flooded with the presence of imported or refurbished cell phones. The research is focused on generation Y of Pakistani consumers. It is recommended that cell phone companies operating in urbanized developing societies must give due importance for activities that would ensure customer satisfaction and price, if they want to have committed customers in their targeted markets where there is a surge of refurbished/imported cell phones. The study will contribute to the literature of where customer satisfaction acts as mediator and price as moderator between customer satisfaction and brand loyalty. The importance of customer satisfaction and price in brand loyalty model increases the scope and hence it adds the value to the literature.
Item Type: | MPRA Paper |
---|---|
Original Title: | The mediation of customer satisfaction and moderation of Price: Evidence from the generation Y users of cell phones |
Language: | English |
Keywords: | brand loyalty, customer satisfaction, price, generation Y |
Subjects: | M - Business Administration and Business Economics ; Marketing ; Accounting ; Personnel Economics > M3 - Marketing and Advertising > M31 - Marketing |
Item ID: | 91773 |
Depositing User: | Dr. Irfan Hameed |
Date Deposited: | 31 Jan 2019 14:58 |
Last Modified: | 26 Sep 2019 14:17 |
References: | Aghekyan-Simonian, M., Forsythe, S., Kwon, W., & Chattaraman, V. (2012). The role of product brand image and online store image on perceived risks and online purchase intentions for apparel. Journal of Retailing and Consumer Services, 19(3), 325-331. Agustin, C., & Singh, J. (2005). Curvilinear effects of consumer loyalty determinants in relational exchanges. Journal of Marketing Research, 42(1), 96-108. Ahmed, Z., Johnson, J., Yang, X., Fatt, C., Teng, H., & Boon, L. (2004). Does country of origin matter for low-involvement products? International Marketing Review, 21(1), 102-120. Allender, W., & Richards, T. (2012). Brand loyalty and price promotion strategies: an empirical analysis. Journal of Retailing, 88(3), 323-342. Anderson, E. W., & Sullivan, M. W. (1993). The antecedents and consequences of customer satisfaction. Marketing Science, 12(Spring), 125-143. Anderson, R., & Srinivasan, S. (2003). E-satisfaction and e-loyalty: a contingency framework. Psychology and Marketing, 20(2), 123-138. Anselmsson, J., Bondesson, N. V., & Johansson, U. (2014). Brand image and customers’ willingness to pay a price premium for food brands. Journal of Product & Brand Management, 23(2), 90 - 102. Bagozzi, R., & Yi, Y. (1988). On the evaluation of structural equation models. Journal of the Academy of Marketing Science , 16 (1), 74-94. Bennett, R., & Rundle-Thiele, S. (2005). The brand loyalty life cycle: Implications for Marketers. Journal of Brand Management, 12 (4), 250-263. Bibby, D. (2011). Sponsorship portfolio as brand image creation strategies: a commentary essay. Journal of Business Research, 64(6), 628-630. Biel, A. (1992). How brand image drives brand equity. Journal of Advertising Research, 32(6), 6-12. Bolton, R. N., & Drew, J. H. (1991). A Multistage Model of Customer's Assessments of Service Quality and Value. Journal of Consumer Research, 17(4), 375-84. Carroll, B., & Ahuvia, A. (2006). Some antecedents and outcomes of brand love. Marketing Letters, 17(2), 79-89. Chang, C., & Tu, C. (2005). Exploring Store Image, Customer Satisfaction and Customer Loyalty Relationship: Evidence from Taiwanese Hypermarket Industry. Journal of American Academy of Business , 7, 197-202. Chaudhuri, A., & Holbrook, M. B. (2001). The Chain of Effects from Brand Trust and Brand Affect to Brand Performance: The Role of Brand Loyalty. Journal of Marketint, 65, 81-93. Chiou, J., & Droge, C. (2006). Service quality, trust, specific asset investment, and expertise: direct and indirect effects in a satisfaction-loyalty framework. Journal of the Academy of Marketing Science, 34(4), 613-627. Chitty, B., Ward, S., & Chua, C. (2007). An Application of the ECSI Model as a Predictor of Satisfaction and Loyalty for Backpacker Hostels. Marketing Intelligence & Planning, 25, 563-580. Christodoulides, G., & Michaelidou, N. (2011). Shopping motives as antecedents of e-satisfaction and e-loyalty. Journal of Marketing Management, 27(1/2), 181-197. Cretu, A., & Brodie, R. (2007). The influence of brand image and company reputation where manufacturers market to small firms: a customer value perspective. Industrial Marketing Management, 36(2), 230-240. Dabholkar, P., Shepherd, C., & Thorpe, D. (2000). A Comprehensive Framework for Service Quality: An Investigation of Critical Conceptual and Measurement Issues Through a Longitudinal Study. Journal of Retailing, 76 (2), 139-73. Doney, P., & Cannon, J. (1997). An examination of the nature of trust in buyer-seller relationship. Journal of Marketing, 61(2), 35-51. Ferreira, A. G., & Coelho, F. J. (2015). Product involvement, price perceptions, and brand loyalty. Journal of Product & Brand Management, 24(4), 349–364. Ferreira, A. G., & Coelho, F. J. (2015). Product involvement, price perceptions, and brand loyalty. Journal of Product & Brand Management, 24(4), 349 - 364. Floh, A., Zauner, A., Koller, M., & Rusch, T. (2014). Customer segmentation using unobserved heterogeneity in the perceived-value–loyalty–intentions link. Journal of Business Research, 67(5), 974-982. Fornell, C. (1992). National customer satisfaction arometer: the Swedish experience. Journal of Marketing, 56(1), 6-12. Fornell, C., & Larcker, D. F. (1981). Structural Equation Models with Unobservable Variables and Measurement Error: Algebra and Statistics. American Marketing Association , 18 (3), 382-388. Garretson, J., Fisher, D., & Burton, S. (2002). Antecedents of private label attitude and national brand promotion attitude: similarities and differences. Journal of Retailing, 78(1), 91-99. Gedenk, K., & Neslin, S. (1999). The role of retail promotion in determining future brand loyalty: its effect on purchase event feedback. Journal of Retailing, 75(4), 433-459. Gefen, D., Straub, D., & Boudreau, M. (2000). Structural equation modelling and regression: guidelines for research practice. Communications of the Association for Information Systems , 4 (7), 1-80. Grewal, D., Monroe, K. B., & Krishnan, R. (1998). The Effects of Price-Comparison Advertising on Buyers' Perceptions of Acquisition Value, Transaction Value, and Behavioral Intentions. Journal of Marketing(62), 46–59. Gronholdt, L., Martensen, A., & Kristensen, K. (2000). The Relationship between Customer Satisfaction and Loyalty: Cross-Industry Differences. Total Quality Management , 11, 509-514. Gruen, T., Osmonbekov, T., & Czaplewski, A. (2007). Customer-to-customer exchange: Its MOA antecedents and its impact on value creation and loyalty. Journal of the Academy of Marketing Science, 35(4), 537 - 549. Hair, J., Black, W., Babin, B., Anderson, R., & Tatham, R. (2006). Multivariate Data Analysis, 6th ed. Upper Saddle River, NJ: Pearson Education. Han, H., & Ryu, K. (2009). The roles of the physical environment, price perception, and customer satisfaction in determining customer loyalty in the restaurant industry. Journal of Hospitality and Tourism Research, 33(4), 487-510. Henning-Thurau, T., Gwinner, K., & Gremler, D. (2002). Understanding relationship marketing outcomes: An integration of relational benefits and relationship quality. Journal of Service Research, 4(3), 230-47. Holbrook, M. B. (1999). Introduction to Consumer Value. Routledge, London. Hussain, R. (2016). The mediating role of customer satisfaction: evidence from the airline industry. Asia Pacific Journal of Marketing and Logistics, 28 (2), 234-255. Ibrahim, H., & Najjar, F. (2008). Relationship bonding tactics, personality traits, relationship quality and customer loyalty: Behavioral sequence in retail environment. The Icfai University Journal of Services Marketing, 6(4), 1-37. Jacoby, J. (1975). A brand loyalty concept: comments on a comment. Journal of Marketing, 12(November), 484-487. Jamal, A., & Goode, M. (2001). Consumers and Brands: A Study of the Impact of Self-Image Congruence on Brand Preference and Satisfaction. Marketing Intelligence & Planning,19, 482-492. Jiang, P., & Rosenbloom, B. (2005). Customer intention to return online: price perception attribution-level performance, and satisfaction unfolding over time. European Journal of Marketing, 39(1), 150-174. Johnson, D., & Grayson, K. (2005). Cognitive and affective trust in service relationships. Journal of Business Research, 58(4), 500-507. Johnson, M. D., Gustafsson, A., Andressen, T. W., Lervik, L., & Cha, J. (2001). The evolution and future of national customer satisfaction index models. Journal of Economic Psychology, 22(2), 217-245. Johnson, M. D., Herrmann, A., & Frank, H. (2006). The Evolution of Loyalty Intentions. Journal of Marketing, 70(April), 122–32. Jones, T., & Sasser, W. J. (1995). Why satisfied customers defect. Harvard Business Review , 73 (6), 88-100. Krishnamurthi, L., & Raj, S. (1991). An empirical analysis of the relationship between brand loyalty and consumer price elasticity. Marketing Science, 10(2), 172-183. Lam, S. Y., & Shankar, V. (2013). Asymmetries in the Effects of Drivers of Brand Loyalty Between Early and Late Adopters and Across Technology Generations. Journal of Interactive Marketing, 28(1), 26-42. Lam, S. Y., & Shankar, V. (2014). Asymmetries in the Effects of Drivers of Brand Loyalty Between Early and Late Adopters and Across Technology Generations. Journal of Interactive Marketing, 28(1), 26-42. Lam, S., Venkatesh, S., Erramilli, M. K., & Murthy, B. (2004). Customer Value, Satisfaction, Loyalty, and Switching Costs: An Illustration From a Business-to-Business Service Context. Journal of the Academy of Marketing Science, 32(3), 293–311. Lichtenstein, D., Bloch, P., & Black, W. (1988). Correlates of price acceptability. Journal of Consumer Research, 15 (2), 243-252. Lichtenstein, D., Burton, S., & Netemeyer, R. (1997). Psychological correlates of a proneness to deals: a domain-specific analysis. Advances in Consumer Research, 24(1), 274-280. Lim, H., Widdows, R., & Park, J. (2006). M-loyalty: winning strategies for mobile carriers. Journal of Consumer Marketing, 23(4), 208-218. Lin, T.-Y., & Chang, M.-Y. (2013). A study of the factors that influence the brand loyalty of Taiwanese adolescents with respect to purchasing mobile. The case of Taichung City. Problems and Perspectives in Management, 11(2), 86-97. Lu, J., & Xu, Y. (2015). Chinese young consumers’ brand loyalty toward sportswear products: a perspective of self-congruity. Journal of Product & Brand Management , 24 (4), 365–376. Maheswaran, D. (1994). Country of origin as a stereotype: effects of consumer expertise and attribute strength on product evaluations. Journal of Consumer Research, 21(2), 354-365. Mano, H., & Oliver, R. (1993). Assessing the Dimensionality and Structure of the Consumption Experience: Evaluation, Feeling and Satisfaction. Journal of Consumer Research, 20(3), 451–66. Manzur, E., Olavarrieta, S., Hidalgo, P., Farías, P., & Uribe, R. (2011). Store brand and national brand promotion attitudes antecedents. Journal of Business Research, 64(3), 286-291. Martin, G., & Brown, T. (1990). In search of brand equity: the conceptualization and measurement of the brand impression construct, in Childers, T.L. (Ed.). Marketing Theory and Applications, 2(American Marketing Association, Chicago, IL), 431-438. McDougall, G., & Levesque, T. (2000). Customer satisfaction with service: putting perceived value into the equation. Journal of Services Marketing, 14 (5), 392-410. Mittal, V., & Kamakura, W. A. (2001). Satisfaction, Repurchase Intent, and Repurchase Behavior: Investigating the Moderating Effect of Customer Characteristics. Journal of Marketing Research, 13, 1-42. Monroe, K. (1990). Pricing: Making Profitable Decisions. New York: McGraw-Hill. Moorman, C., Deshpandes, R., & Zaltman, G. (1993). Factors affecting trust in market relationship. Journal of Marketing, 57(1), 81 -101. Moorman, C., Deshpandes, R., & Zaltman, G. (1993). Factors affecting trust in market relationships. Journal of Marketing, 57(1), 81-101. Morgan, R., & Hunt, S. (1994). The commitment-trust theory of relationship marketing. Journal of Marketing, 58(3), 20-38. Morgan, R., & Hunt, S. (1994). The commitment-trust theory of relationship marketing. Journal of Marketing, 58(3), 20 - 38. Nagle, T. (1987). The Strategy and Tactics of Pricing. New Jersey: Prentice-Hall, Englewood Cliffs, NJ. Netemeyer, R., Krishnan, B., Pullig, C., Wang, G., Yagci, M., Dean, D., et al. (2004). Developing and validating measures of facets of customer-based brand equity. Journal of Business Research, 57(2), 209-224. Nimer, D. (1975). Pricing the profitable sale has a lot to do with perception. Sales Management, 114(May 19), 13-14. Nunnally, J. C. (1975). Psychometric Theory. 25 Years Ago and Now. American Educational Research Association, 4 (10), 7-14+19-21. Oliver, R. (1997). Satisfaction: A Behavioral Perspective on the Consumer. New York: Irwin/McGraw Hill. Oliver, R., & DeSarbo, W. (1988). Response determinants in satisfaction judgments. Journal of Consumer Research, 14 (4), 495-507. Olsen, S. (2002). e, Comparative Evaluation and the Relationship Between Quality, Satisfaction, and Repurchase Loyalty. Academy of Marketing Science , 30 (3), 240 – 249 Palmatier, R., Dant, R., & Grewal, D. (2007). A comparative longitudinal analysis of theoretical perspectives of interorganizational relationship performance. Journal of Marketing, 71(4), 172-194. Parasuraman, A., & Grewal, D. (2000). The impact of technology on the quality-value-loyalty chain: A research Agenda. Journal of the Academy of Marketing Science, 28(1), 168-174. Pavlou, P., Liang, H., & Xue, Y. (2007). Understanding and mitigating uncertainty in online exchange relationships: a principal-agent perspective. MIS Quarterly, 31(1), 105-136. Petruzzellis, L. (2010). Mobile Phone Choice: Technology versus Marketing: The Brand Effect in the Italian Market. European Journal of Marketing, 44 (5), 610-34. Ponte, E., Carvajal-Trujillo, E., & Escobar-Rodríguez, T. (2015). Influence of trust and perceived value on the intention to purchase travel online: Integrating the effects of assurance on trust antecedents. Tourism Management, 47, 286-302. Rauyruen, P., & Miller, K. (2007). Relationship quality as a predictor of B2B customer loyalty. Journal of Business Research, 60, 21-31. Reichheld, F., & Sasser, W. (1990). Zero defections: Quality comes to services. Harvard Business Review, 68(5), 105-111. Reichheld, F., & Teal, T. (1996). The loyalty effect: The hidden force behind growth, profits, and lasting value. Boston: Harvard Business School Press. Reinartz, W., & Kumar, V. (2002). The Mismanagement of Customer Loyalty. Harvard Business Review , 86–97. Rubio, N., Oubiña, J., & Gómez-Suárez, M. (2015). Understanding brand loyalty of the store brand’s customer base. Journal of Product & Brand Management, 24(7), 679–692. Salinas, E., & Pérez, J. (2009). Modeling the brand extensions’ influence on brand image. Journal of Business Research, 62(1), 50-60. Singh, J., & Sirdeshmukh, D. (2000). Agency and trust mechanisms in customer satisfaction and loyalty judgments. Journal of the Academy of Marketing Science, 28(1), 150 - 67. Sirdeshmukh, D., Singh, J., & Sabol, B. (2002). Consumer Trust, Value, and Loyalty in Relational Exchanges. Journal of Marketing, 66, 15-37. Stremersch, S., Muller, E., & Peres, R. (2010). Does New Product Growth Accelerate across Technology Generations. Marketing Letters, 21 (2), 103–20. Thompson, F., Newman, A., & Liu, M. (2014). The moderating effect of individual level collectivist values on brand loyalty. Journal of Business Research, 67(11), 2437-2446. Thompson, K., & Coe, B. (1997). Gaining sustainable competitive advantage through strategic pricing: selecting a perceived value price. Pricing Strategy and Practice, 5(2), 70-79. Torres, A., & Bijmolt, T. (2009). Assessing brand image through communalities and asymmetries in brand-to-attribute and attribute-to-brand associations. European Journal of Operational Research, 195(2), 628-640. Varki, S., & Colgate, M. (2001). The role of price perceptions in an integrated model of behavioral intentions. Journal of Service Research, 3(3), 232-240. Veloutsou, C., Gilbert, R., Moutinho, L., & Goode, M. (2005). Measuring transaction specific satisfaction in services: are the measures transferable across cultures. European Journal of Marketing, 39(1/2), 606-628. Wilson, D. (1995). An integrated model of buyer-seller relationships. Journal of Academy of Marketing Science, 23(4), 335 - 45. Wood, L. (2004). Dimensions of brand purchasing behaviour: consumers in the 18-24 age group. Journal of Consumer Behaviour, 4(1), 9-24. Woodruff, R. (1997). Customer value: The next source of competitive advantage. Journal of the Academy of Marketing Science, 25(2), 139-153. Yieh, K., Chiao, Y., & Chiu, Y. (2007). Understanding the antecedents to customer loyalty by applying structural equation modeling. Total Quality Management, 18(3), 267-284. Yoo, B., Donthu, N., & Lee, S. (2000). An examination of selected marketing mix elements and brand equity. Journal of the Academy of Marketing Science, 28(2), 195-211. Yoon, K., & Tran, T. (2011). Revisiting the relationship between consumer loyalty and price sensitivity: the moderating role of deal-proneness. Journal of Marketing Theory and Practice, 19(3), 293-306. Yu, Y.-T., & Dean, A. (2001). The contribution of emotional satisfaction to consumer loyalty. International Journal of Service Industry Management, 12(3), 234-250. Zeithaml, V. (1988). Consumer perceptions of price, quality, and value: A means-end model and synthesis of evidence. Journal of marketing, 52(3), 2-22. Zeithaml, V. A., Berry, L. L., & Parasuraman, A. (1996). The behavioral consequences of service quality. Journal of Marketing, 60(2), 31-46. |
URI: | https://mpra.ub.uni-muenchen.de/id/eprint/91773 |