Factors leading to customer retention in the high volume-low volume service context: Evidence from the mobile service industry

Service convenience has undoubtedly gain substantial recognition for both goods and service industries within recent years towards forging an enduring competitive advantage. Considering heightened market expectations in the mobile service industry, importance of capitalizing on relevant elements is...

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Main Authors: Cheng, Boon Liat *, Gaur, Sanjaya S., Rezuan, Abdul Rahim
Format: Article
Language:English
Published: MAG Scholar 2020
Subjects:
Online Access:http://eprints.sunway.edu.my/1823/
http://eprints.sunway.edu.my/1823/1/Cheng%20Boon%20Liat%202020%20Factors_Leading_to_Customer_Retention_in.pdf
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author Cheng, Boon Liat *
Gaur, Sanjaya S.
Rezuan, Abdul Rahim
author_facet Cheng, Boon Liat *
Gaur, Sanjaya S.
Rezuan, Abdul Rahim
author_sort Cheng, Boon Liat *
building SU Institutional Repository
collection Online Access
description Service convenience has undoubtedly gain substantial recognition for both goods and service industries within recent years towards forging an enduring competitive advantage. Considering heightened market expectations in the mobile service industry, importance of capitalizing on relevant elements is highlighted to retain, further strengthen users’ loyalty. Technological advancement has then created opportunity for differentiation in the area of reachability, particularly on the transaction convenience and access convenience of specified mobile service. Alongside product involvement, brand image and perceived value as hypothesized predictors of users’ allegiance towards a mobile service, this study explored factors which influence customers’ loyalty and propensity to leave within the mobile service industry. Convenience sampling approach was hereby implemented, following distribution of close-ended questionnaires among 400 respondents. Data analysis was then conducted through employment of the SEM AMOS software. As such, results obtained discovered product involvement, perceived value, transaction convenience and access convenience being direct predictors of both dependent variables; with the exception of brand image which doesn’t affect propensity to leave, despite being a significant antecedent to customers’ loyalty. Additionally, transaction convenience was revealed as an active moderator to the impact of perceived value on (i) customer loyalty, and (ii) propensity to leave. Centred on the transactional aspect in the mobile service industry, more effective service marketing strategies can be developed through gained insights from this research, with excelling sustainable customer retentions.
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spelling sunway-18232021-10-06T03:54:10Z http://eprints.sunway.edu.my/1823/ Factors leading to customer retention in the high volume-low volume service context: Evidence from the mobile service industry Cheng, Boon Liat * Gaur, Sanjaya S. Rezuan, Abdul Rahim HF Commerce Service convenience has undoubtedly gain substantial recognition for both goods and service industries within recent years towards forging an enduring competitive advantage. Considering heightened market expectations in the mobile service industry, importance of capitalizing on relevant elements is highlighted to retain, further strengthen users’ loyalty. Technological advancement has then created opportunity for differentiation in the area of reachability, particularly on the transaction convenience and access convenience of specified mobile service. Alongside product involvement, brand image and perceived value as hypothesized predictors of users’ allegiance towards a mobile service, this study explored factors which influence customers’ loyalty and propensity to leave within the mobile service industry. Convenience sampling approach was hereby implemented, following distribution of close-ended questionnaires among 400 respondents. Data analysis was then conducted through employment of the SEM AMOS software. As such, results obtained discovered product involvement, perceived value, transaction convenience and access convenience being direct predictors of both dependent variables; with the exception of brand image which doesn’t affect propensity to leave, despite being a significant antecedent to customers’ loyalty. Additionally, transaction convenience was revealed as an active moderator to the impact of perceived value on (i) customer loyalty, and (ii) propensity to leave. Centred on the transactional aspect in the mobile service industry, more effective service marketing strategies can be developed through gained insights from this research, with excelling sustainable customer retentions. MAG Scholar 2020 Article PeerReviewed text en cc_by_nc_4 http://eprints.sunway.edu.my/1823/1/Cheng%20Boon%20Liat%202020%20Factors_Leading_to_Customer_Retention_in.pdf Cheng, Boon Liat * and Gaur, Sanjaya S. and Rezuan, Abdul Rahim (2020) Factors leading to customer retention in the high volume-low volume service context: Evidence from the mobile service industry. Asian Journal of Business Research, 10 (1). ISSN 2463-4522 https://magscholar.com/asian-journal-of-business-research/
spellingShingle HF Commerce
Cheng, Boon Liat *
Gaur, Sanjaya S.
Rezuan, Abdul Rahim
Factors leading to customer retention in the high volume-low volume service context: Evidence from the mobile service industry
title Factors leading to customer retention in the high volume-low volume service context: Evidence from the mobile service industry
title_full Factors leading to customer retention in the high volume-low volume service context: Evidence from the mobile service industry
title_fullStr Factors leading to customer retention in the high volume-low volume service context: Evidence from the mobile service industry
title_full_unstemmed Factors leading to customer retention in the high volume-low volume service context: Evidence from the mobile service industry
title_short Factors leading to customer retention in the high volume-low volume service context: Evidence from the mobile service industry
title_sort factors leading to customer retention in the high volume-low volume service context: evidence from the mobile service industry
topic HF Commerce
url http://eprints.sunway.edu.my/1823/
http://eprints.sunway.edu.my/1823/
http://eprints.sunway.edu.my/1823/1/Cheng%20Boon%20Liat%202020%20Factors_Leading_to_Customer_Retention_in.pdf