Commitment, trust, relative dependence, and customer loyalty in the B2B setting: the role of customer satisfaction

IF 3.6 4区 管理学 Q2 BUSINESS
Emmanuel Arthur, George Cudjoe Agbemabiese, George Kofi Amoako, Patrick Amfo Anim
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Abstract

Purpose This study aims to explore the role customer satisfaction play in mediating the nexus between commitment, trust, relative dependence and customer loyalty from an emerging market context under a business-to-business (B2B) setting. Design/methodology/approach The study was a descriptive survey, and using convenience sampling technique, questionnaires were used to gather data from 356 businesses that were distributors of Guinness Ghana Company Limited. Partial least squares structural equation modeling was used to test the proposed hypotheses for this study, and macro-PROCESS was performed to test the mediating effect of customer satisfaction. Findings The findings show that relative dependence had the most considerable significant and positive impact on B2B partners satisfaction, followed by commitment and trust, respectively. A positive and significant relationship was also found between B2B firms’ satisfaction and loyalty. The result also indicates that customer satisfaction mediates the relationship between commitment, trust, relative dependence and B2B loyalty. Practical implications Practitioners can manipulate specific relative dependence, commitment and trust features to increase customer satisfaction with their firm’s services, thus ensuring longer-term customer loyalty. Originality/value Drawing on the social exchange theory, this study provides a more profound perspective focusing on an emerging market context, by examining from a B2B setting the significance of commitment, trust, relative dependence and B2B partners satisfaction on loyalty.
B2B环境下的承诺、信任、相对依赖和顾客忠诚:顾客满意的作用
本研究旨在探讨新兴市场背景下企业对企业(B2B)环境下顾客满意度在承诺、信任、相对依赖和顾客忠诚之间的中介作用。设计/方法/方法本研究是一项描述性调查,采用方便抽样技术,采用问卷调查的方式收集来自吉尼斯加纳有限公司分销商的356家企业的数据。本文采用偏最小二乘结构方程模型对本文提出的假设进行检验,并采用宏观过程模型对顾客满意度的中介效应进行检验。研究结果显示,相对依赖对B2B合作伙伴满意度的显著正向影响最为显著,其次是承诺和信任。企业满意度与企业忠诚度之间存在显著的正相关关系。顾客满意在承诺、信任、相对依赖和B2B忠诚之间起中介作用。实践启示:从业者可以操纵特定的相对依赖、承诺和信任特征来提高客户对公司服务的满意度,从而确保客户的长期忠诚度。本研究以社会交换理论为基础,以新兴市场为背景,从B2B的角度考察承诺、信任、相对依赖和B2B合作伙伴满意度对忠诚度的影响。
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来源期刊
CiteScore
6.60
自引率
25.80%
发文量
143
期刊介绍: The Journal of Business & Industrial Marketing (JBIM) publishes research on new ideas concerning business-to-business marketing, that is, how one company or organization markets its goods/services/ideas to another company or organization. It is a valuable source for academics, directors and executives of marketing, providing them with new, fresh insights which are applicable within real life settings. JBIM''s emphasis on insistence of proof is one of the cornerstones of its success and its reputation. Contributors to the journal must not only present new theories or ideas, but also back them up with research. In the process, many myths are exploded, philosophies reinvented and the scene set for topical debate on critical issues in B2B marketing. The B2B landscape evolves and so does the research that explores the emerging features and properties of B2B markets. From 2019 the journal hosts the IMP Forum that invites research advancing the boundaries of B2B marketing. Prior research has evidenced that interactivity and interdependences characterize interorganizational business relationships. The Forum aims to bring out research that explores interactivity and interdependences in business relationships and their implications for marketing management, business development and for society at large. Coverage: -Competition and cooperation- Networks in business markets- Buyer behaviour – purchasing and supply management- Managing product offerings- New product development and innovation- Networks in business markets- Distribution and routes to market- Market and customer communication - Customer relationship management- Sales and key account management- Organizing for global markets -
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