Preview

Kazan economic vestnik

Advanced search

About the features of perception of consumer loyalty in the world

Abstract

In the service sector, great attention is paid to the issue of customer satisfaction. Companies operating in a competitive market must take care of improving the quality of service and maintaining customer loyalty. Improving customer satisfaction is not only closely related to the quality management and marketing activities of the company, but also has a significant impact on the future of the company and its corporate sustainability.
Customer satisfaction affects variables that are indicators of customer loyalty and the formation of long-term customer relationships. At the same time, the brand support system is included in the management of behavioral factors of choice by the probability of recognition of loyalty. From the point of view of behavior adopted in accordance with established patterns, we consider a company engaged in trusting relationships with the consumer. Preservation of the customer base through the formation of effective loyalty programs is one of the factors for the growth of economic indicators and ensuring corporate sustainability. Retaining customers for a long time leads to an increase in the trust of potential groups and contributes to the growth of capitalization.
The purpose of this article is to analyze approaches to the definition of consumer loyalty. As a theoretical basis for the study, systematic and structural approaches were applied to the analysis of consumer loyalty in Russia and in the world as an element of the economic system associated with other elements of the enterprise's commercial activities.

About the Authors

R. M. Akhmetshin
Kazan (Volga region) Federal University
Russian Federation

PhD in Economics, Associate Professor



E. N. Novikova
Kazan (Volga region) Federal University
Russian Federation

PhD in Economics, Associate Professor



R. B. Palyakin
Kazan (Volga region) Federal University
Russian Federation

PhD in Economics, Associate Professor



References

1. Aleksandrov S.G., Danilevskaya E.N., Golybuk А.А., Golybuk Е.А. Analysis and management of consumer loyalty in modern organizations // Economy and entrepreneurship. – 2019. – No. 3 (104). – P. 607–612.

2. Muravskaya S.A., Golovacheva K.S., Smirnova M.M., Alkanova O.N., Muravsky D.V. Approaches to consumer loyalty management // Bulletin of St. Petersburg University. Management. – 2019. – Vol. 18. – No. 1. – P. 70–93.

3. Panova T.E. Improving customer loyalty management methods. – Moscow, 2019.

4. Polushkina E.A. Formation of consumer loyalty // Science of the 21st century: actual directions of development. – 2019. – No. 1-2. – P. 30–33.

5. Anderson J.C., Narus J.A. Business market management: Understanding, creating and delivering value / 2nd ed. – Upper Saddle River, NJ: Pearson / Prentice Hall, 2004.

6. Askariazad М.Н., Babakhani N. An application of European Customer Satisfaction Index (ECSI) in business to business (B2B) context // Journal of Business & Industrial Marketing 30/1. – Emerald Group Publishing Limited, 2015. – P. 17–31.

7. Brennan D.R., Turnbull P.W., Wilson D.T. Dyadic adaptation in business-to-business markets // European Journal of Marketing 37(11/12). – 2003. – P. 1636–1665.

8. Eggert A., Ulaga W. Customer perceived value: A substitute for satisfaction in business markets? // Journal of Business and Industrial Marketing 17(2/3). – 2002. – P. 107–118.

9. Gaski J., Nevin J.R. The differential effects of exercised and unexercised power sources in a marketing channel // Journal of Marketing Research 22. – 1985. – P. 130–142.

10. Gassenheimer J.B., Houston F.S., Davis J. The role of economic value, social value and perceptions of fairness in interorganizational relationship retention decisions // Journal of Academy of Marketing Science 26(4). – 1998. – P. 322–337.

11. Haghkhah A. Hamid, Ebrahimpour A., Roghanian P., Gheysari H. Commitment and Customer Loyalty in Business-To-Business Context // European Journal of Business and Management, 5(19). – 2013. – P. 156–165.

12. Heskett J.L., Sasser W.E. Jr., Schlesinger L.A. The service profit chain. New York: The Free Press, 1997.

13. Hewett K., Money R.B., Sharma S. An exploration of the moderating role of buyer corporate culture in industrial buyer–seller relationships // Journal of the Academy of Marketing Science 30(3). – 2002. – P. 229–239.

14. Lam S., Shankar V., Erramilli M., Murthy B. Customer Value, Satisfaction, Loyalty, and Switching Costs: An Illustration From a Business-to-Business Service Context // Journal of the Academy of Marketing Science, 32. – 2014. – P. 293–98.

15. Luis J., Callarisa Fiol , Enrique Bigne Alcañiz , Miguel A. Moliner Tena & Javier Sánchez García Customer Loyalty in Clusters: Perceived Value and Satisfaction as Antecedents // Journal of Business-to-Business Marketing, 16:3. – 2009. – P. 276–316.

16. Narayandas D. Building loyalty in business markets. Harvard Business Review 83(9). – 2005. – P. 131–139.

17. Nevin J.R. Relationship marketing and distribution channels: Exploring fundamental issues // Journal of the Academy of Marketing Science 23(4). – 1995. – P. 327–334.

18. Nijssen E., Singh J., Sirdeshmunkh D., Holzmüeller H. Investigating industry context effects in consumer–firm relationships: Preliminary results from a dispositional approach // Journal of the Academy of Marketing Science 31(1). – 2003. – P. 46–60.

19. Oliver R. Whence consumer loyalty? // Journal of Marketing 63(special issue). – 1999. – P. 33–45.

20. Olsen S.O. Comparative evaluation and the relationship between quality, satisfaction, and repurchase loyalty // Journal of the Academy of Marketing Science 30(3). – 2002. – P. 240–249.

21. Ovidiu-Ioan Moisescu. From perceptual corporate sustainability to customer loyalty: a multi-sectorial investigation in a developing country // Economic Research Ekonomska Istraživanja, 31:1. – 2018. – P. 55–72.

22. Rauyruen P., Miller K. Relationship Quality as a Predictor of B2B Customer loyalty // Journal of Business Research, 60(1). – 2007. – P. 21–31.

23. Russo I., Confente I. Customer Loyalty and Supply Chain Management: Business-to-Business Customer Loyalty Analysis. – 3 August 2017. – Taylor and Francis. – P. 1–125.

24. Spiteri J.M., Dion P.A. Customer value, overall satisfaction, end-user loyalty, and market performance in detail intensive industries // Industrial Marketing Management 33(8). – 2004. – P. 675–687.

25. Strenitzerová M., Gaňa J. Customer satisfaction and loyalty as a part of customer-based corporate sustainability in the sector of mobile communications services // Sustainability (Switzerland). – Vol. 10. – Is. 521. – May 2018.

26. Walter A., Ritter T., Gemünden H.G. Value creation in buyer–seller relationships: Theoretical considerations and empirical results from a supplier’s perspective // Industrial Marketing Management 30. – 2001. – P. 365–377.

27. Wilson D.T. An integrated model of buyer–seller relationships // Journal of the Academy of Marketing Science 23(4). – 1995. – P. 335–345.


Review

For citations:


Akhmetshin R.M., Novikova E.N., Palyakin R.B. About the features of perception of consumer loyalty in the world. Kazan economic vestnik. 2022;(5):64-72. (In Russ.)

Views: 36


Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 License.


ISSN 2305-4212 (Print)