The effects of perceived value, satisfaction, and advertising on share of wallet and word of mouth in a retailing context

Customer loyalty as a topic has been of interest to managers and researchers for several decades. There are a few antecedents for explaining customer loyalty in marketing literature, and researchers have discussed the consequences of loyalty. The reason for interest toward loyalty is the wide assump...

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Main Author: Häkkinen, Juho
Other Authors: Kauppakorkeakoulu, School of Business and Economics, Taloustieteet, Business and Economics, University of Jyväskylä, Jyväskylän yliopisto
Format: Master's thesis
Language:eng
Published: 2016
Subjects:
Online Access: https://jyx.jyu.fi/handle/123456789/55756
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author Häkkinen, Juho
author2 Kauppakorkeakoulu School of Business and Economics Taloustieteet Business and Economics University of Jyväskylä Jyväskylän yliopisto
author_facet Häkkinen, Juho Kauppakorkeakoulu School of Business and Economics Taloustieteet Business and Economics University of Jyväskylä Jyväskylän yliopisto Häkkinen, Juho Kauppakorkeakoulu School of Business and Economics Taloustieteet Business and Economics University of Jyväskylä Jyväskylän yliopisto
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description Customer loyalty as a topic has been of interest to managers and researchers for several decades. There are a few antecedents for explaining customer loyalty in marketing literature, and researchers have discussed the consequences of loyalty. The reason for interest toward loyalty is the wide assumption that loyal customers have higher retention rates, they buy more, and are more willing to share by word of mouth (WOM) and electronic WOM (eWOM). This is why loyalty is linked to companies' financial performance. The aim of this study was to investigate perceived value (PEVA) and customer satisfaction as the antecedents of loyalty outcomes, such as share of wallet (SOW) and WOM in a retailing context. In addition, the moderating effects of background variables and advertising were investigated. The survey was implemented from February 17, 2016 to March 6, 2016 by using the online survey program Webpropol 2.0. Overall, 2072 respondents took part in the survey. The data were further analyzed by using IBM SPSS Statistics 22 and Smart PLS 2.0 software. The results showed that PEVA/satisfaction have a positive effect on SOW and WOM/eWOM. It seemed that PEVA might be a slightly better predictor of loyalty metrics than of satisfaction. In addition, the results showed statistically significant moderating effects of 1) length of relationship; 2) following the company in the print media; 3) the company's online ads; 4) following the company on social media; and 5) customer age and their relationship between PEVA/satisfaction and eWOM. Statistically significant moderating effects were not found on the relationship between PEVA/satisfaction and SOW/WOM. The study supported the prior literature, stating that PEVA and satisfaction have a positive effect on loyalty outcomes, such as SOW, WOM, and eWOM.
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There are a few antecedents for explaining customer loyalty in marketing literature, and researchers have discussed the consequences of loyalty. The reason for interest toward loyalty is the wide assumption that loyal customers have higher retention rates, they buy more, and are more willing to share by word of mouth (WOM) and electronic WOM (eWOM). This is why loyalty is linked to companies' financial performance.\r\n\r\nThe aim of this study was to investigate perceived value (PEVA) and customer satisfaction as the antecedents of loyalty outcomes, such as share of wallet (SOW) and WOM in a retailing context. In addition, the moderating effects of background variables and advertising were investigated. The survey was implemented from February 17, 2016 to March 6, 2016 by using the online survey program Webpropol 2.0. Overall, 2072 respondents took part in the survey. 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spellingShingle Häkkinen, Juho The effects of perceived value, satisfaction, and advertising on share of wallet and word of mouth in a retailing context perceived value customer satisfaction repurchase intentions share of wallet word of mouth electronic word of mouth recommend intentions Markkinointi Marketing Kvantitatiivinen tutkimus 20423 vähittäiskauppa asiakastyytyväisyys asiakasuskollisuus viraalimarkkinointi
title The effects of perceived value, satisfaction, and advertising on share of wallet and word of mouth in a retailing context
title_full The effects of perceived value, satisfaction, and advertising on share of wallet and word of mouth in a retailing context
title_fullStr The effects of perceived value, satisfaction, and advertising on share of wallet and word of mouth in a retailing context The effects of perceived value, satisfaction, and advertising on share of wallet and word of mouth in a retailing context
title_full_unstemmed The effects of perceived value, satisfaction, and advertising on share of wallet and word of mouth in a retailing context The effects of perceived value, satisfaction, and advertising on share of wallet and word of mouth in a retailing context
title_short The effects of perceived value, satisfaction, and advertising on share of wallet and word of mouth in a retailing context
title_sort effects of perceived value satisfaction and advertising on share of wallet and word of mouth in a retailing context
title_txtP The effects of perceived value, satisfaction, and advertising on share of wallet and word of mouth in a retailing context
topic perceived value customer satisfaction repurchase intentions share of wallet word of mouth electronic word of mouth recommend intentions Markkinointi Marketing Kvantitatiivinen tutkimus 20423 vähittäiskauppa asiakastyytyväisyys asiakasuskollisuus viraalimarkkinointi
topic_facet 20423 Kvantitatiivinen tutkimus Marketing Markkinointi asiakastyytyväisyys asiakasuskollisuus customer satisfaction electronic word of mouth perceived value recommend intentions repurchase intentions share of wallet viraalimarkkinointi vähittäiskauppa word of mouth
url https://jyx.jyu.fi/handle/123456789/55756 http://www.urn.fi/URN:NBN:fi:jyu-201711014113
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