The influence of value on loyalty in the supermarket industry (original) (raw)

The role of perceived value in promoting customer satisfaction: Antecedents and consequences

The aim of this study was to investigate the role of perceived customer value in promoting customer satisfaction in the South African leafy vegetable market. The study also examined the antecedents of customer value and the outcomes of customer satisfaction. The study was quantitative in nature, using purposive sampling technique. A self-administered questionnaire was utilised, and 370 questionnaires were completed. The research participants were hawkers on the streets of Johannesburg, Central Business District, South Africa. Data were analysed using the PLS-SEM analytical techniques. The finding of this study shows that customer value has an influence on customer satisfaction. The academic contribution of this study is that most studies on customer satisfaction concentrate on the predictors of customer satisfaction as being trust, commitment and communication. The managerial implication is that business must place much emphasis on creating a sustainable customer value to achieve customer satisfaction. In so doing, organisations will be able to attain a competitive advantage and achieve organisational objectives.

The Relationship Between Customer Satisfaction and Perceived Value on Customer Loyalty

2022

This study using structural equation modelling (SEM) investigates the relationship between customer satisfaction and perceived value on customer loyalty. The model was tested using JASP program. Cronbach's Į and McDonald's Ȧ were used for evaluate the reliability of measurement model. The conceptual model used in the study combines 3 latent variables: perceived value, customer satisfaction and customer loyalty. Each latent variables were described by 3 manifest variables. The survey questionnaires were distributed using snowballing method. The researches was conducted among supermarket customers from southern Poland. Respondents evaluated a total of 35 criteria-manifest variables (describing 6 latent variables). The findings revealed a significant positive correlation between customer satisfaction and loyalty, perceived value and customer satisfaction. The perceived value was found to have significant effect on customer loyalty at a lower level of significance than customer satisfaction.

The Role of Customer Satisfaction Mediated Perception of Value and Service Qualityto Customer Loyalty

2020

The purpose of this study is to explain the role of customer satisfaction mediating the effect of perceived value and service quality on customer loyalty. The study was conducted in Denpasar City involving 140 respondents who used the service in Auto 2000 through a purposive sampling method. Data collection uses questionnaires. Data analysis technique used is path analysis and multiple test. The results showed the perception of value and service quality has a positive and significant effect on customer loyalty. Customer satisfaction, perceived value has a positive and significant effect on customer loyalty. Customer satisfaction positively and significantly mediates the effect of perceived value and service quality on customer loyalty. This research is expected to be able to make empirical contributions in maximizing services and benefits that build positive customer value perceptions of the company so consumers will feel satisfied and will have an attachment to the company that wil...

Value, satisfaction and loyalty in the retail industry

ESIC Digital Economy and Innovation Journal

Although customer loyalty has been widely investigated, few studies address the role of customer value and customer satisfaction. Besides, there is still a need for a sound theoretical framework to explain and promote business-customer relationships. This paper aims to contribute to understanding the origin and effect of the concept of loyalty in commercial relationships in the retail industry. To do so, we review and discuss the triggers of loyalty behavior in society. There is a section to explain the elements that produce loyalty behavior in the buyer and its logical sequence. Besides, we address the concepts of value and consumer satisfaction and their association with the customer's post-purchase behavior. This analysis enables a more complete overview of the customer’s behavior and allows to take well-informed actions within the retail market. Besides, it opens the door to future research related to buyer behavior in different environments, such as the digital environment.

Loyalty in retailing: multidimensional approach to customer perceived value

2016

Purpose: To deepen, in grocery retail context, the roles of consumer perceived value and consumer satisfaction, as antecedents’ dimensions of customer loyalty intentions. Design/Methodology/approach: Also employing a short version (12-items) of the original 19-item PERVAL scale of Sweeney & Soutar (2001), a structural equation modeling approach was applied to investigate statistical properties of the indirect influence on loyalty of a reflective second order customer perceived value model. The performance of three alternative estimation methods was compared through bootstrapping techniques. Findings: Results provided i) support for the use of the short form of the PERVAL scale in measuring consumer perceived value; ii) the influence of the four highly correlated independent latent predictors on satisfaction was well summarized by a higher-order reflective specification of consumer perceived value; iii) emotional and functional dimensions were determinants for the relationship with t...

The Effect of Utilitarian Value and Hedonic Value on Customer Loyalty with Customer Satisfaction As an Intervening Variable: Empirical Evidence from Indonesia

International Journal of Multicultural and Multireligious Understanding, 2021

The purpose of this study was to build an understanding of the influence of utilitarian values and hedonic values on customer satisfaction and customer loyalty at hypermarket in Pamekasan Regency, Jawatimur Province, Indonesia. Type of research is Explanatory Research. Data collection using a questionnaire. The sampling technique used purposive sampling. The number of samples was 250 consumers and data analysis used the Structural Equation Model (SEM) with AMOS software. The results of this study indicate utilitarian value and hedonic value have a positive and significant effect on customer satisfaction and customer satisfaction has a positive and significant effect on customer loyalty and Demographic variables have a significant differences on each variable partially.

The impact of consumer shopping value orientations on retail outcome variables in the South African restaurant setting

Southern Africa Institute of the Management Scientists Conference , 2019

In the highly competitive restaurant industry, understanding consumers’ shopping value orientations can aid marketers in delivering differentiated strategies that will ultimately satiate consumers’ expectations. The aim of this study was to investigate the influence of consumers’ shopping value orientations, (utilitarian and hedonic values), on two retail outcomes – namely satisfaction and purchase intention – in a South African restaurant environment. A quantitative research design was followed and convenience, non-probability sampling was used to select a sample of 200 participants. The results indicate that both utilitarian and hedonic values significantly predict satisfaction. On the other hand, it was noted that shopping value orientations (utilitarian and hedonic values) and customer satisfaction did not significantly influence purchase intentions. Practical implications include that restaurateurs should therefore focus on creating a balanced mix of both utilitarian and hedonic benefits in their offering to ensure consumer satisfaction as well as long term success. Key words: Utilitarian value, Hedonic value, Shopping value orientations, Satisfaction, Purchase intentions.

The Effect of Value Perception on Customer Loyalty and Satisfaction. (A Study of University Students)

Purpose: The objective of current research is to study the effect of value perceptions on student loyalty and satisfaction. Methodology: Final analysis was performed on 120 valid responses. Reliability of scale was checked by using cronbach's alpha statistics. Correlation analysis was employed to study the relationship between functional value, epistemic value, social value, conditional value, emotional value, image, monetary sacrifices, nonmonetary sacrifices, emotions, knowledge, satisfaction (independent variables) and intention to recommend (dependent variable).Further regression analysis was carried out in order to test the hypothesis.

Satisfaction, Value and Loyalty in the Consumption Experience: An Empirical Test

Developments in Marketing Science: Proceedings of the Academy of Marketing Science, 2014

How to cite Complete issue More information about this article Journal's homepage in redalyc.org Scientific Information System Network of Scientific Journals from Latin America, the Caribbean, Spain and Portugal Non-profit academic project, developed under the open access initiative

The Influence of Shopping Experience and Perceived Value Toward Customer Satisfaction and Their Impacts on Customer Loyalty at Minimarkets in Aceh

International Review of Management and Marketing

The aim of this research is to identify: (1) the influence of shopping experience and the perceived value toward customersatisfaction (2) the influence of shopping experience, the perceived value and customersatisfaction toward customer loyalty (3) the indirect influence of shopping experience and perceived value toward customer loyalty at minimarkets in Aceh evaluated through customer satisfaction.The research was conducted at minimarkets in Aceh. The objects of the study are: Shopping experience role, and the perceived value between consumer loyalty and customer satisfaction which become the mediating variables. The number of population in this study is all the customers at minimarkets in Aceh, therefore, the sampling technique used in the research was known as the non-probability sampling. It is conducted by taking the purposive sampling method, it means that the population considered as research sample has certain criterias, At the end, there were 270 respondents as the sample population. Structural equation modeling was the analysis equipment. The study identifies that the shopping experience and perceived value have positive and significant impact on customer satisfaction and shopping experience, moreover, the perceived value and customer satisfaction provide positive and significant impact toward the customer loyalty. In addition, the shopping experience and the perceived value indirectly give positive impact and significantly influence the customer loyalty of minimarkets in Aceh which shown through thee customer satisfaction.