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Relationship between consumer acquisition efforts and consumer loyalty

Authors :
Jagwinder Singh
Shivani Saini
Source :
Kelaniya Journal of Management, Vol 5, Iss 1, Pp 1-31 (2016)
Publication Year :
2016
Publisher :
Faculty of Commerce & Manangement Studies, University of Kelaniya, 2016.

Abstract

Consumer Relationship Management is an integrated approach to manage long-term consumer relationships by implementing the practices of right acquisition and retention efforts. The purpose of study is to examine the key role of consumer acquisition efforts in driving consumer loyalty through direct and indirect approaches. The empirical study has been conducted by taking a sample of 600 consumers from three diverse service categories, i.e. Health, Retail, and Wellness. In order to observe the service category as moderator, the present research aims to implement the multiple-group analysis in CFA and SEM through AMOS17.0. Results suggest that in health and wellness sectors, consumer acquisition efforts are positive enough to create behavioral loyalty only. No direct effect of consumer acquisition efforts on consumer loyalty has been reported across three service sectors. This paper empirically provides a detailed assessment of acquisition drivers that help a firm to build a loyal consumer base.

Details

Language :
English
ISSN :
22791469 and 24489298
Volume :
5
Issue :
1
Database :
Directory of Open Access Journals
Journal :
Kelaniya Journal of Management
Publication Type :
Academic Journal
Accession number :
edsdoj.03655e9642664b74be092a324fd2c60b
Document Type :
article
Full Text :
https://doi.org/10.4038/kjm.v5i1.7503