Record Details

Pengaruh Switching Costs terhadap Customer Retention pada Industri Perbankan di Indonesia

Binus Business Review

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Field Value
 
Title Pengaruh Switching Costs terhadap Customer Retention pada Industri Perbankan di Indonesia
 
Creator Simbolon, Freddy; Bina Nusantara University
 
Subject
switching cost, customer retention, bank

 
Description The number of frequent troubles at one bank may cause a decrease of customer trust. Customer will reconsider whether continuing to safe their deposits or moving to other banks. One factor that may influence the customer retention is the switching costs, that are the fee which must be borne by the customer along the transformations of one product to a service or a service to a product or even a certain service to another service. In fact switching costs will not only appear just as a consequence when a transformation is done or appear only as an economic cost. But when one process of transformation happens, many possibilities of cost may arise such as procedural costs, financial loss costs and psychological loss costs. Therefore the correct determination about switching costs might be an important information for customers so that they may consider the relevant costs arise when they decide to move to other banks. If the costs they will have to bear exceeds the benefit they will get, it is expected that they will reconsider to stay faithful and diminish their desire to move to other banks.
 
Publisher Bina Nusantara University
 
Contributor Faculty of Economics and Business
 
Date 2011-12-01
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article

 
Format application/pdf
 
Identifier http://journal.binus.ac.id/index.php/BBR/article/view/1180
10.21512/bbr.v2i1.1180
 
Source Binus Business Review; Vol 2, No 2 (2011): Binus Business Review; 698-707
2476-9053
2087-1228
 
Language eng
 
Relation http://journal.binus.ac.id/index.php/BBR/article/view/1180/1048
 
Coverage


 
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