Exploring the e-CRM – e-customer- e-loyalty nexus: a Kenyan commercial bank case study

This article scaffolds on customer relationship management (CRM) theory and explores the association between electronic CRM (e-CRM) and electronic customer’s (e-customer) electronic loyalty (e-loyalty) in the banking sector. By using a survey design, data was collected from a convenience sample of c...

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Main Authors: Oumar Timothy K., Mang’Unyi Eric E., Govender Krishna K., Rajkaran Sookdhev
Format: Article
Language:English
Published: Sciendo 2017-12-01
Series:Management şi Marketing
Subjects:
Online Access:https://doi.org/10.1515/mmcks-2017-0039
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author Oumar Timothy K.
Mang’Unyi Eric E.
Govender Krishna K.
Rajkaran Sookdhev
author_facet Oumar Timothy K.
Mang’Unyi Eric E.
Govender Krishna K.
Rajkaran Sookdhev
author_sort Oumar Timothy K.
collection DOAJ
description This article scaffolds on customer relationship management (CRM) theory and explores the association between electronic CRM (e-CRM) and electronic customer’s (e-customer) electronic loyalty (e-loyalty) in the banking sector. By using a survey design, data was collected from a convenience sample of customers of a major Kenyan commercial bank, and analysed using structural equation and multiple regression modelling. The findings reveal that there is a positive relationship between e-CRM and e-customers’ loyalty. The e-CRM features at all three stages of an electronic transaction cycle namely, pre-service, during-service and after-service, significantly influence the e-customers’ loyalty in the banking sector. Thus, to capitalize on the range of benefits that emanate from the use of e-CRM, continued review and enhancement of marketing strategies is needed, so as to achieve e-customers’ loyalty particularly, at the post-service stage. Kenyan commercial bank managers should focus on customer satisfaction specifically at post-service stage, to increase their ecustomers’ loyalty.
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spelling doaj.art-4daa171035dd49dba6ba1b1d81b9be852022-12-22T01:26:11ZengSciendoManagement şi Marketing2069-88872017-12-0112467469610.1515/mmcks-2017-0039mmcks-2017-0039Exploring the e-CRM – e-customer- e-loyalty nexus: a Kenyan commercial bank case studyOumar Timothy K.0Mang’Unyi Eric E.1Govender Krishna K.2Rajkaran Sookdhev3Jesuit Historical Institute in Africa, Nairobi, KenyaWalter Sisulu University, Mthatha, South AfricaUniversity of KwaZulu-Natal, Pietermaritzburg, South AfricaWalter Sisulu University, Mthatha, South AfricaThis article scaffolds on customer relationship management (CRM) theory and explores the association between electronic CRM (e-CRM) and electronic customer’s (e-customer) electronic loyalty (e-loyalty) in the banking sector. By using a survey design, data was collected from a convenience sample of customers of a major Kenyan commercial bank, and analysed using structural equation and multiple regression modelling. The findings reveal that there is a positive relationship between e-CRM and e-customers’ loyalty. The e-CRM features at all three stages of an electronic transaction cycle namely, pre-service, during-service and after-service, significantly influence the e-customers’ loyalty in the banking sector. Thus, to capitalize on the range of benefits that emanate from the use of e-CRM, continued review and enhancement of marketing strategies is needed, so as to achieve e-customers’ loyalty particularly, at the post-service stage. Kenyan commercial bank managers should focus on customer satisfaction specifically at post-service stage, to increase their ecustomers’ loyalty.https://doi.org/10.1515/mmcks-2017-0039customer loyaltye-crmservice satisfactionrelationship managementrelationship marketingon-line bankingbanking industry
spellingShingle Oumar Timothy K.
Mang’Unyi Eric E.
Govender Krishna K.
Rajkaran Sookdhev
Exploring the e-CRM – e-customer- e-loyalty nexus: a Kenyan commercial bank case study
Management şi Marketing
customer loyalty
e-crm
service satisfaction
relationship management
relationship marketing
on-line banking
banking industry
title Exploring the e-CRM – e-customer- e-loyalty nexus: a Kenyan commercial bank case study
title_full Exploring the e-CRM – e-customer- e-loyalty nexus: a Kenyan commercial bank case study
title_fullStr Exploring the e-CRM – e-customer- e-loyalty nexus: a Kenyan commercial bank case study
title_full_unstemmed Exploring the e-CRM – e-customer- e-loyalty nexus: a Kenyan commercial bank case study
title_short Exploring the e-CRM – e-customer- e-loyalty nexus: a Kenyan commercial bank case study
title_sort exploring the e crm e customer e loyalty nexus a kenyan commercial bank case study
topic customer loyalty
e-crm
service satisfaction
relationship management
relationship marketing
on-line banking
banking industry
url https://doi.org/10.1515/mmcks-2017-0039
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