BANK 4.0 EXPERIENTIAL QUALITY AND ITS EFFECT ON WORD OF MOUTH BEHAVIOR, SATISFACTION AND INTENTIONS

Bank 4.0 is a modern banking platform that is based entirely on digital technology with absolutely no physical interaction between customers and banks. Since 2017, Bank 4.0 has grown rapidly in Indonesia. However, it raises new concerns as the emergence of issues related to Bank 4.0 experiential qua...

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Main Authors: Abdillah L., Hussein A.S., Ratnawati K.
Format: Article
Language:English
Published: iVolga Press 2020-08-01
Series:Russian Journal of Agricultural and Socio-Economic Sciences
Subjects:
Online Access:https://rjoas.com/issue-2020-08/article_12.pdf
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author Abdillah L.
Hussein A.S.
Ratnawati K.
author_facet Abdillah L.
Hussein A.S.
Ratnawati K.
author_sort Abdillah L.
collection DOAJ
description Bank 4.0 is a modern banking platform that is based entirely on digital technology with absolutely no physical interaction between customers and banks. Since 2017, Bank 4.0 has grown rapidly in Indonesia. However, it raises new concerns as the emergence of issues related to Bank 4.0 experiential quality. This research aims at determining the effects of Bank 4.0 experiential quality on word of mouth behavior, customer satisfaction and continuance intention based on perception of millennial customer in Indonesia. Quantitative method was used in this research by using the multivariate data analysis technique. Data collected from 673 millennial customers who have access to Bank 4.0 applications. This research discovered that Bank 4.0 experiential quality has been empirically proven to directly affect word of mouth behavior, customer satisfaction and continuance intention. This research is the first study that explored Bank 4.0 experiential quality and its effects on three main variables in marketing, namely, word of mouth behavior, continuance intention, and customer satisfaction, based on millennial customer perceptions. The results from this study can help Bank 4.0 to improve marketing performance through experiential quality.
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spelling doaj.art-53752413d08e4c36a44b479ba2ca52352023-09-02T12:22:00ZengiVolga PressRussian Journal of Agricultural and Socio-Economic Sciences2226-11842020-08-0110489610510.18551/rjoas.2020-08.12BANK 4.0 EXPERIENTIAL QUALITY AND ITS EFFECT ON WORD OF MOUTH BEHAVIOR, SATISFACTION AND INTENTIONSAbdillah L.0Hussein A.S.1Ratnawati K.2Faculty of Economics and Business, University of BrawijayaFaculty of Economics and Business, University of BrawijayaFaculty of Economics and Business, University of BrawijayaBank 4.0 is a modern banking platform that is based entirely on digital technology with absolutely no physical interaction between customers and banks. Since 2017, Bank 4.0 has grown rapidly in Indonesia. However, it raises new concerns as the emergence of issues related to Bank 4.0 experiential quality. This research aims at determining the effects of Bank 4.0 experiential quality on word of mouth behavior, customer satisfaction and continuance intention based on perception of millennial customer in Indonesia. Quantitative method was used in this research by using the multivariate data analysis technique. Data collected from 673 millennial customers who have access to Bank 4.0 applications. This research discovered that Bank 4.0 experiential quality has been empirically proven to directly affect word of mouth behavior, customer satisfaction and continuance intention. This research is the first study that explored Bank 4.0 experiential quality and its effects on three main variables in marketing, namely, word of mouth behavior, continuance intention, and customer satisfaction, based on millennial customer perceptions. The results from this study can help Bank 4.0 to improve marketing performance through experiential quality.https://rjoas.com/issue-2020-08/article_12.pdfbank 4.0millennial customerscustomer experienceindonesian banknewest bankingcustomer satisfactioncontinuance intentioncustomer behavior
spellingShingle Abdillah L.
Hussein A.S.
Ratnawati K.
BANK 4.0 EXPERIENTIAL QUALITY AND ITS EFFECT ON WORD OF MOUTH BEHAVIOR, SATISFACTION AND INTENTIONS
Russian Journal of Agricultural and Socio-Economic Sciences
bank 4.0
millennial customers
customer experience
indonesian bank
newest banking
customer satisfaction
continuance intention
customer behavior
title BANK 4.0 EXPERIENTIAL QUALITY AND ITS EFFECT ON WORD OF MOUTH BEHAVIOR, SATISFACTION AND INTENTIONS
title_full BANK 4.0 EXPERIENTIAL QUALITY AND ITS EFFECT ON WORD OF MOUTH BEHAVIOR, SATISFACTION AND INTENTIONS
title_fullStr BANK 4.0 EXPERIENTIAL QUALITY AND ITS EFFECT ON WORD OF MOUTH BEHAVIOR, SATISFACTION AND INTENTIONS
title_full_unstemmed BANK 4.0 EXPERIENTIAL QUALITY AND ITS EFFECT ON WORD OF MOUTH BEHAVIOR, SATISFACTION AND INTENTIONS
title_short BANK 4.0 EXPERIENTIAL QUALITY AND ITS EFFECT ON WORD OF MOUTH BEHAVIOR, SATISFACTION AND INTENTIONS
title_sort bank 4 0 experiential quality and its effect on word of mouth behavior satisfaction and intentions
topic bank 4.0
millennial customers
customer experience
indonesian bank
newest banking
customer satisfaction
continuance intention
customer behavior
url https://rjoas.com/issue-2020-08/article_12.pdf
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