Factors Leading to Customer Loyalty in the Domestic Banks in Malaysia – A Perspective from the Social Networking Sites

In Malaysia, banks are still struggling to cultivate loyal customers, little agreement among bankers as to what variables contribute to customer loyalty. Numerous empirical studies were conducted to investigate on the factors that lead to customer loyalty but there were no unified solution especiall...

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Main Author: Kumarashvari, Subramaniam
Format: Article
Language:English
Published: INTI International University 2018
Subjects:
Online Access:http://eprints.intimal.edu.my/1495/1/v1_2018_36.pdf
http://eprints.intimal.edu.my/1495/
http://intijournal.intimal.edu.my/intijournal.htm
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spelling my-inti-eprints.14952021-05-10T07:08:52Z http://eprints.intimal.edu.my/1495/ Factors Leading to Customer Loyalty in the Domestic Banks in Malaysia – A Perspective from the Social Networking Sites Kumarashvari, Subramaniam H Social Sciences (General) HG Finance In Malaysia, banks are still struggling to cultivate loyal customers, little agreement among bankers as to what variables contribute to customer loyalty. Numerous empirical studies were conducted to investigate on the factors that lead to customer loyalty but there were no unified solution especially in the Social Networking Sites platform. Therefore, this study intends to investigate the factor leads to customer loyalty by looking into three variables: service value, interactive value and customer experience. Quantitative study was employed with population sampling represented by Facebook community of domestic banks in Malaysia involving a study spanning 6 months (November 2017 – April 2018). It can be concluded that the existence of Social Networking Sites not only augments to social interaction but also extends the experience of having a desirable experience among the consumers. It also offers the banks an opportunity to interact with their target audience resulting in the transfer of marketing messages. Moreover, this study provides an insight to the practitioners on how to provide greater value and promote a more customer centric culture in which service, interactive value and experience can be nurtured from the social media perspective. INTI International University 2018 Article PeerReviewed text en http://eprints.intimal.edu.my/1495/1/v1_2018_36.pdf Kumarashvari, Subramaniam (2018) Factors Leading to Customer Loyalty in the Domestic Banks in Malaysia – A Perspective from the Social Networking Sites. INTI JOURNAL, 2018 (36). ISSN e2600-7320 http://intijournal.intimal.edu.my/intijournal.htm
institution INTI International University
building INTI Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider INTI International University
content_source INTI Institutional Repository
url_provider http://eprints.intimal.edu.my
language English
topic H Social Sciences (General)
HG Finance
spellingShingle H Social Sciences (General)
HG Finance
Kumarashvari, Subramaniam
Factors Leading to Customer Loyalty in the Domestic Banks in Malaysia – A Perspective from the Social Networking Sites
description In Malaysia, banks are still struggling to cultivate loyal customers, little agreement among bankers as to what variables contribute to customer loyalty. Numerous empirical studies were conducted to investigate on the factors that lead to customer loyalty but there were no unified solution especially in the Social Networking Sites platform. Therefore, this study intends to investigate the factor leads to customer loyalty by looking into three variables: service value, interactive value and customer experience. Quantitative study was employed with population sampling represented by Facebook community of domestic banks in Malaysia involving a study spanning 6 months (November 2017 – April 2018). It can be concluded that the existence of Social Networking Sites not only augments to social interaction but also extends the experience of having a desirable experience among the consumers. It also offers the banks an opportunity to interact with their target audience resulting in the transfer of marketing messages. Moreover, this study provides an insight to the practitioners on how to provide greater value and promote a more customer centric culture in which service, interactive value and experience can be nurtured from the social media perspective.
format Article
author Kumarashvari, Subramaniam
author_facet Kumarashvari, Subramaniam
author_sort Kumarashvari, Subramaniam
title Factors Leading to Customer Loyalty in the Domestic Banks in Malaysia – A Perspective from the Social Networking Sites
title_short Factors Leading to Customer Loyalty in the Domestic Banks in Malaysia – A Perspective from the Social Networking Sites
title_full Factors Leading to Customer Loyalty in the Domestic Banks in Malaysia – A Perspective from the Social Networking Sites
title_fullStr Factors Leading to Customer Loyalty in the Domestic Banks in Malaysia – A Perspective from the Social Networking Sites
title_full_unstemmed Factors Leading to Customer Loyalty in the Domestic Banks in Malaysia – A Perspective from the Social Networking Sites
title_sort factors leading to customer loyalty in the domestic banks in malaysia – a perspective from the social networking sites
publisher INTI International University
publishDate 2018
url http://eprints.intimal.edu.my/1495/1/v1_2018_36.pdf
http://eprints.intimal.edu.my/1495/
http://intijournal.intimal.edu.my/intijournal.htm
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score 13.211869