Back to Search Start Over

Self-Service Technology Service Quality and Brand Loyalty in Zimbabwe's Banking Sector: A SEM Approach.

Authors :
Maune, Alexander
Source :
Acta Universitatis Danubius: Ĺ’conomica; 2022, Vol. 18 Issue 2, p175-201, 27p
Publication Year :
2022

Abstract

This article examined the relationship between self-service technology service quality and brand loyalty in Zimbabwe's banking sector with customer satisfaction and behaviour intentions playing the mediating role. The main objective was to develop a path analysis model for the banking industry in Zimbabwe. The study followed a deductive approach with an online survey used to collect primary data from more than 110 bank customers. The PLS-SEM algorithm was used to empirically test the path analysis model. The construct measures were confirmed reliable and valid with structural model showing goodness of fit based on the R², Q², SRMR, and path significance. The results further confirmed hypothesis H<subscript>1</subscript>, H<subscript>2</subscript>, H<subscript>3</subscript>, H<subscript>4</subscript>, and H<subscript>7</subscript> whilst rejecting H<subscript>5</subscript> and H<subscript>6</subscript>. Self-service technologies have proven to be a critical enhancer of brand loyalty in the banking sector. The 'FinTech' industry has gone under a critical test due to COVID-19 pandemic that has seen global restrictions nearly paralyzing a number of sectors. Technology developers, policymakers, researchers, and regulators will have a better understanding of self-service technologies and their impact on brand loyalty in the service industry. Literature has shown some knowledge gaps in this field especially in Zimbabwe where the 'FinTech' industry is still in its infancy stages. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
20650175
Volume :
18
Issue :
2
Database :
Complementary Index
Journal :
Acta Universitatis Danubius: Ĺ’conomica
Publication Type :
Academic Journal
Accession number :
157946320