Effects of relationship investment and value perception on customer loyalty

This study investigated the effects of relationship investment and value perception on customer loyalty. Based on a sample of respondents from the data base of customers of the loyalty programs of an Australian apparel retailer this study found significant positive relationship between the value per...

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Bibliographic Details
Main Authors: Ramaseshan, Balasubramani, Johnston, Megan
Other Authors: Maree Thyne
Format: Conference Paper
Published: University of Otago 2007
Online Access:http://www.anzmac.org/conference_archive/2007/papers/RRamaseshan_1.pdf
http://hdl.handle.net/20.500.11937/7471
Description
Summary:This study investigated the effects of relationship investment and value perception on customer loyalty. Based on a sample of respondents from the data base of customers of the loyalty programs of an Australian apparel retailer this study found significant positive relationship between the value perception of a loyalty program and customer loyalty. Perceived relationship investment did not have significant effect on customer loyalty. The study also found that program loyalty mediates the relationship between value perception and customer loyalty suggesting that implementing loyalty programs is useful for encouraging customer loyalty.