The effect of customer retention programs on re-patronage intention: a case of Muar Traders Hotel / Nurulain Atan

As market growth slows or as markets become more competitive and level of switching costs increases, firms are more likely to attempt to maintain their market share by focusing on retaining current customers. Customer retention has been advocated as an easier and more reliable source of superior per...

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Bibliographic Details
Main Author: Atan, Nurulain
Format: Student Project
Language:English
Published: 2010
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/30500/
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author Atan, Nurulain
author_facet Atan, Nurulain
author_sort Atan, Nurulain
building UiTM Institutional Repository
collection Online Access
description As market growth slows or as markets become more competitive and level of switching costs increases, firms are more likely to attempt to maintain their market share by focusing on retaining current customers. Customer retention has been advocated as an easier and more reliable source of superior performance. This research utilized a convenience methodology to improve customer retention, and the researcher has helped the firm identifying the factors that contribute to retain customer and initiate a variety of strategies to accomplish this objective. Four customer retention program tools that contribute to re-patronage intention of the customers that had been identify by researcher consists of privilege cards, greeting cards, charity works and free spa. The finding highlights the effectiveness of the retention program tools used by Muar Traders Hotel. The researcher also identified the causes that lead to the decrease of the firm customer retention rate and come out with few recommendations. By implementing the recommendations, the researcher optimism that it will help the firm to better upgrade its performance and any area that is not running well in their management for future use.
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spelling uitm-305002020-05-19T00:59:10Z https://ir.uitm.edu.my/id/eprint/30500/ The effect of customer retention programs on re-patronage intention: a case of Muar Traders Hotel / Nurulain Atan Atan, Nurulain Marketing research. Marketing research companies. Sales forecasting Market surveys. Including brand choice. Brand loyalty Consumer behavior. Consumers' preferences. Consumer research. Including consumer profiling As market growth slows or as markets become more competitive and level of switching costs increases, firms are more likely to attempt to maintain their market share by focusing on retaining current customers. Customer retention has been advocated as an easier and more reliable source of superior performance. This research utilized a convenience methodology to improve customer retention, and the researcher has helped the firm identifying the factors that contribute to retain customer and initiate a variety of strategies to accomplish this objective. Four customer retention program tools that contribute to re-patronage intention of the customers that had been identify by researcher consists of privilege cards, greeting cards, charity works and free spa. The finding highlights the effectiveness of the retention program tools used by Muar Traders Hotel. The researcher also identified the causes that lead to the decrease of the firm customer retention rate and come out with few recommendations. By implementing the recommendations, the researcher optimism that it will help the firm to better upgrade its performance and any area that is not running well in their management for future use. 2010 Student Project NonPeerReviewed text en https://ir.uitm.edu.my/id/eprint/30500/1/30500.pdf Atan, Nurulain (2010) The effect of customer retention programs on re-patronage intention: a case of Muar Traders Hotel / Nurulain Atan. (2010) [Student Project] <http://terminalib.uitm.edu.my/30500.pdf> (Unpublished)
spellingShingle Marketing research. Marketing research companies. Sales forecasting
Market surveys. Including brand choice. Brand loyalty
Consumer behavior. Consumers' preferences. Consumer research. Including consumer profiling
Atan, Nurulain
The effect of customer retention programs on re-patronage intention: a case of Muar Traders Hotel / Nurulain Atan
title The effect of customer retention programs on re-patronage intention: a case of Muar Traders Hotel / Nurulain Atan
title_full The effect of customer retention programs on re-patronage intention: a case of Muar Traders Hotel / Nurulain Atan
title_fullStr The effect of customer retention programs on re-patronage intention: a case of Muar Traders Hotel / Nurulain Atan
title_full_unstemmed The effect of customer retention programs on re-patronage intention: a case of Muar Traders Hotel / Nurulain Atan
title_short The effect of customer retention programs on re-patronage intention: a case of Muar Traders Hotel / Nurulain Atan
title_sort effect of customer retention programs on re-patronage intention: a case of muar traders hotel / nurulain atan
topic Marketing research. Marketing research companies. Sales forecasting
Market surveys. Including brand choice. Brand loyalty
Consumer behavior. Consumers' preferences. Consumer research. Including consumer profiling
url https://ir.uitm.edu.my/id/eprint/30500/