The Mediating Effects of Switching Costs on the Relationship between Service Quality, Customer Satisfaction and Customer Loyalty: A Study in Retail Banking Industry in Vietnam
International Journal of Supply Chain Management
View Archive InfoField | Value | |
Title |
The Mediating Effects of Switching Costs on the Relationship between Service Quality, Customer Satisfaction and Customer Loyalty: A Study in Retail Banking Industry in Vietnam
|
|
Creator |
Ngo, Vu Minh
Phan, Quyen Phu Thi Nguyen, Ninh Van Minh Vu, Hieu |
|
Description |
This paper develops and empirically tests the mediating role of switching costs in service quality - loyalty and satisfaction-loyalty relationships. Especially, different types of switching costs are tested separately providing more insights into their roles. A research model about the interrelationships between service quality, customer satisfaction, switching costs and customer loyalty is developed. Based on this model, a survey is conducted with retail banking customers, with and 261valid respondents. The hypotheses are then proposed and tested using Structural equation modeling technique (SEM). The analysis reveals that: positive switching cost is a significant mediator for both service quality-loyalty and satisfaction-loyalty relationships, while negative switching cost only mediates the service quality-loyalty relationship. These findings suggest that building and managing switching costs are necessary following-up steps after customer satisfaction for achieving long-term customer loyalty.
|
|
Publisher |
International Journal of Supply Chain Management
|
|
Contributor |
The research for this paper was financially supported by the Internal Grand Agency of Faculty of Management and Economics, Tomas Bata University in ZlÃn, grant No. IGA/FAME/2016/020.
|
|
Date |
2019-04-15
|
|
Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
|
Format |
application/pdf
|
|
Identifier |
http://ojs.excelingtech.co.uk/index.php/IJSCM/article/view/2125
|
|
Source |
International Journal of Supply Chain Management; Vol 8, No 2 (2019): International Journal of Supply Chain Management (IJSCM); 389 - 393
2050-7399 2051-3771 |
|
Language |
eng
|
|
Relation |
http://ojs.excelingtech.co.uk/index.php/IJSCM/article/view/2125/pdf
|
|