Research paper on customer satisfaction

Yet banks must be able to keep satisfaction high without introducing new operational expenses that will offset their gains in customer revenues as the same time as well. Banks should conduct presentations at public places especially around markets, churches, big super markets, Gas Filling Stations with view to helping customers to fully enjoy new service delivery systems. The electronic media especially the Television also offers a very powerful template for demonstrating to the public how to operate its new self service delivery systems.

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The study uncovered the fact that some banks do not provide water fountains within their banking halls as directed by the central bank. It is hereby recommended that personnel of the banking supervision department of the central bank stay alive to their duties by paying periodic visits not to inspect financial transactions but also customer service systems.

The present work focuses on the customer retention by means existing relational practice between services provider and its customers. Therefore, a theoretical model was testified with individual customers banking services, considering the Therefore, a theoretical model was testified with individual customers banking services, considering the following constructs: customer satisfaction, perceived value, services provider reputation and trust as customer retention antecedents. For data analysis multivariate statistic techniques and structural equations modeling were implemented.

Care for the environment has been a major consideration among production companies for several decades. Roughly, banks started devoting attention to this matter only halfway into the s. Sustainable development is a development that Sustainable development is a development that meets the needs of the present without compromising. The descriptive research design was utilized in conducting the study.

An empirical test of a proposed customer satisfaction model in e‐services

The researcher used a survey questionnaire as the data gathering instrument supported by interviews and observation. Results showed that the patients at CP Reyes Hospital were very satisfied to the quality medical services they received. Complaints were also identified at CP Reyes Hospital. The researcher proposed an action plan that medical service providers must focus on how to create attractive elements that increase customer satisfaction levels and gain customer. The overall recommendation is that CP Reyes Hospital should strive to maintain the high standard in order to keep patients satisfied with the services they received.

In recent years, there has been a remarkable increase in the number of commodity and service offered by various firms under the influence of globalization and technological advancements. As a result of the increase in the number of As a result of the increase in the number of commodity and service-in other words numerous alternative, consumers are currently being exposed to much more options. It is widely accepted that the marketing strategies and policies employed by the different firms play a crucial and efficient role in the choices made by different consumers.

It being so, the firms take some initiatives to be able to make themselves distinguishable amongst the countless products. Among these initiatives, one of the approaches towards the postmodern customer is experiential marketing. In this work, the relationship between the experiential marketing as a very important and developing postmodern approach and its effects on the consumers which is exhibited by customer loyalty and adherence are to be dealt with.

This paper focuses on assessing the level of satisfaction of customers that had spent some part of their holidays in an eco-way style. This is an innovative form of hospitality that is represented by the "Albergo Diffuso". The connection The connection between this sustainable tourism model and the customers wellbeing is based on concepts which are directly connected with sustainability and environment in a rural destination. The data are related to reviews which were selected randomly from two websites of reviews and are about 15 different Hotels Albergo Diffuso model.

The methodology of content analysis, with a successive application of regression model, has been used to understand the factors that influence the tourist's opinion. It also identifies the role of sustainability, innovation, and tradition for customers that spend their holiday in ADs.

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The hypotheses tested in the paper are associated with the features of the literature and the link with sustainability of this model. This study contributes to the literature by providing empirical evidence on the customers satisfaction factors of a new tourist model which is quite diffused in Italy and other parts of the world. This will help to understand if the elements highlighted in the literature are consistent with the reviews or if there are other factors. For example, the provision of physiological and safety needs are more important for tourists.

Define of Marketing: Marketing is one from the orther business function, it is related with the customers. Although we will soon explore more detailed definitions of marketing, perhaps the simplest definition is one: Marketing is engaging Although we will soon explore more detailed definitions of marketing, perhaps the simplest definition is one: Marketing is engaging customers and managing profitable customer relationship.

Marketing is not only selling and advertizing, but also make strong relationship with the customer and create customer value to satisfaction, so the customers will get the return. The are 2 two goals of marketing: one is to attract a new customers by promising superior value; two is to keep and grow current customers by delivering value and satisfaction.

To make the marketing's goals is come, the company should have a good of marketing strategy, one of them is with the slogan.

How Do You Know If You Have Happy Customers?

The slogan is must be good and make the customers corious. For example: Nike: "Just do it. Amazon: "Find and discover anything they might want to buy online. The Marketing Process: Present a simple, step model of marketing process for creating and capturing customer value. The are four step in marketing process. There are 5 five step in marketing process: 1. Understand the marketplace and customer needs and wants, 2. Design a customers value driven marketing strategy, 3. Construct an integrated marketing program that delivers superior value, 4.

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Engage customers, build profitable and create customer delight, 5. Capture value from customers to create profits and customers equity. The research was For further readings about development of customer satisfaction concept articles of listed authors' can be useful for researcher. Reference Definition Key words Object Oliver , p. Final psychological state resulting Evaluation Surprise 27 from the disconfirmed expectancy related to initial consumer Disconfirmed expectation Final expectancy with psychological relation to pre state purchase expectations Swan, Trawick, Evaluative or cognitive opinion Evaluative or Product results and which analyses whether the cognitive Carroll , p.

Operatively, similar to an attitude because it can be measured as the total satisfaction from various Attitude attributes Cadotte, Impression after the evaluation of Impression Use of product or Woodruff, use of the product or service created service and Jenkins by evaluation , p. Concept of Satisfaction All the definitions of customer satisfaction describe the formation of satisfaction as a process; they define the key variables and the mechanisms of interaction of those variables and they recognize that satisfaction is the final step of a psychological process.

It is perceived as the final result of all activities carried out during the process of purchase and consumption and not only of observation and or direct consumption of the product or service. All the reviewed definitions maintain, in one way or another that satisfaction implies: 1 The existence of an objective that the consumer wishes to reach. Related Concepts A number of related, but important, concepts are frequently used interchangeably with satisfaction, although closer inspection reveals that they are actually distinct from satisfaction despite the fact that they may be related to satisfaction in various ways.

Within the antecedent categories, moods may play a role in satisfaction formation. These are positive or negative feelings of a largely non-thinking nature, although certain events may have preceded their appearance. In a similar vein, value is a judgment that compares the likely outcomes of purchasing to the inputs forgone.

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Thus, value results when consumers compare what is to be received e. Another antecedent concept that is actually a hybrid affective-cognitive judgment is attitude. It is a relatively stable judgment that a product or service has desirable or undesirable properties. The judgment takes the form of a liking or disliking and is based on many separate evaluations of product features. Whereas moods can emerge as pure feeling states, attitudes result from deliberate processing of product- or service-related information.

Satisfaction, in contrast, is a post-usage phenomenon, is purely experiential, and results from comparative processes, discussed next; attitudes do not require comparisons. In current satisfaction parlance, it more commonly refers to an expectation-performance discrepancy. Consumers would describe this concept in terms of performance being better than or worse than expected with regard to a product or service.

The first component of disconfirmation, expectation, is a predisposing prediction — sometimes stated as a probability or likelihood — of attribute or product performance. Performance itself is the perceived amount of product or service attribute outcomes received, usually reported on an objective scale bounded by good and bad levels of performance e.

This is frequently confused with quality, a judgment of performance excellence. Although frequently substituted for satisfaction, recent data suggest the concepts are separate and distinct. Measuring satisfaction 1.

Satisfaction scale Having defined and delineated satisfaction and related concepts, discussion proceeds to measurement more generally. At this point, it will be helpful if the reader appreciates that, like attitude, satisfaction is a hybrid concept composed of both an affective component pleasure and a cognitive component e. Using a phone interview as an example, the respondent would be read the five categories of: 1 very satisfied, 2 satisfied, 3 neither satisfied nor dissatisfied, 4 dissatisfied, and 5 very dissatisfied, and asked to select one.

This question would usually be asked once per attribute, product, etc. This method is frequently performed, but the scale produced frequently through addition or weighted combination is now one of a mixed nature. If carefully constructed, however, with the use of close relatives of satisfaction, the reliability will be very good.

Validity is also considerably improved because each item in the multi-item scale adds to the available variance for testing. As the number of points becomes large, exceeding ten for example, problems of interpretation are introduced. One reason is that consumers tend to use sub-intervals of very long scales, such as restricting responses to an interval of five points on a ten-point scale. Thus, one respondent's "7" may be another's "9" for the same perceived performance level.

In effect, these consumers are interpreting the scale's meaning in a manner not known to the researcher. In 2 , this respondent can comfortably respond with a "4. This author disagrees in that neutrality is information and the percentage of respondents who feel this way may provide the researcher with additional insight. For the above and other reasons, use five to seven points.

Three is permissible if attention spans, brevity, or respondent fatigue operate, while point scales work nicely for chances-in 10 responses. Because consumers tend to rate products positively, particularly with regard to satisfaction, most ratings are skewed, with the bulk of responses in the positive half of the scale.

This tendency is more pronounced for scales with a smaller number of points e. Good scores peak near the upper positive extreme and then decline before reaching the extreme. Excellent scores, in contrast, rise continuously up to the upper extreme of the scale without falling. In a competitive marketplace where businesses compete for customers, customer satisfaction is seen as a key differentiator and increasingly has become a key element of business strategy.

Tips for making operational improvements without damaging CX Published: September Author: Lawrence Cowan The author shares how companies can work to maintain a customer focus while making operational improvements. Knowing when to use constructed and latent variables is half the battle Published: August Author: Julia Maier How satisfied are consumers? Answering questions like this might be more complex than you think.

Applying human insights to marketing research Published: July Author: Jim White By learning to analyze the stories and experiences uncovered within day-to-day research projects, researchers can help brands better understand consumers at a more human level.