The important role of customer bonding capability to increase marketing performance in small and medium enterprises

The purpose of this study is to develop the concept of customer bonding capability in the small and medium enterprise. Empirical research was conducted to explain how marketing performance can be improved through customer bonding capability. Considering the number and role of small and medium busine...

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Main Authors: Ida Bagus Nyoman Udayana, Naili Farida, Ambar Lukitaningsih, Heru Kurnianto Tjahjono, Nuryakin
Format: Article
Language:English
Published: Taylor & Francis Group 2021-01-01
Series:Cogent Business & Management
Subjects:
Online Access:http://dx.doi.org/10.1080/23311975.2021.1932239
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author Ida Bagus Nyoman Udayana
Naili Farida
Ambar Lukitaningsih
Heru Kurnianto Tjahjono
Nuryakin
author_facet Ida Bagus Nyoman Udayana
Naili Farida
Ambar Lukitaningsih
Heru Kurnianto Tjahjono
Nuryakin
author_sort Ida Bagus Nyoman Udayana
collection DOAJ
description The purpose of this study is to develop the concept of customer bonding capability in the small and medium enterprise. Empirical research was conducted to explain how marketing performance can be improved through customer bonding capability. Considering the number and role of small and medium businesses in Indonesia is increasing. Results revealed that customer bonding capability functions as an intervention between relational capital and marketing performance. Relationship capital, integrated marketing communication and adequate market information have a significant positive effect on customer bonding capability and marketing performance. Managerial implication: salespeople can develop networks that provide mutual benefits, developing closer family ties, developing continual cooperation with customers and sharing experiences with customers who can improve salesperson’s performance. There is no dynamic interaction between researchers and respondents because this research design is cross-sectional. To generate dynamic interactions, longitudinal research data were needed to add deeper insights to sales. Research on customer bonding capability needs to be done because there is still much that is not understood. This customer bonding capability is the development of relationship marketing theory. Thus an empirical research model is needed to develop customer bonding capability.
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spelling doaj.art-c715cac7b0844355afe7d2615f20c5c32022-12-21T17:22:14ZengTaylor & Francis GroupCogent Business & Management2331-19752021-01-018110.1080/23311975.2021.19322391932239The important role of customer bonding capability to increase marketing performance in small and medium enterprisesIda Bagus Nyoman Udayana0Naili Farida1Ambar Lukitaningsih2Heru Kurnianto Tjahjono3Nuryakin4Universitas Sarjanawiyata TamansiswaDiponegoro UniversityUniversitas Sarjanawiyata TamansiswaMuhammadyah University of YogyakartaMuhammadyah University of YogyakartaThe purpose of this study is to develop the concept of customer bonding capability in the small and medium enterprise. Empirical research was conducted to explain how marketing performance can be improved through customer bonding capability. Considering the number and role of small and medium businesses in Indonesia is increasing. Results revealed that customer bonding capability functions as an intervention between relational capital and marketing performance. Relationship capital, integrated marketing communication and adequate market information have a significant positive effect on customer bonding capability and marketing performance. Managerial implication: salespeople can develop networks that provide mutual benefits, developing closer family ties, developing continual cooperation with customers and sharing experiences with customers who can improve salesperson’s performance. There is no dynamic interaction between researchers and respondents because this research design is cross-sectional. To generate dynamic interactions, longitudinal research data were needed to add deeper insights to sales. Research on customer bonding capability needs to be done because there is still much that is not understood. This customer bonding capability is the development of relationship marketing theory. Thus an empirical research model is needed to develop customer bonding capability.http://dx.doi.org/10.1080/23311975.2021.1932239adequate marketing informationcustomer bonding capabilityintegrated marketing communicationmarketing performancerelational capital
spellingShingle Ida Bagus Nyoman Udayana
Naili Farida
Ambar Lukitaningsih
Heru Kurnianto Tjahjono
Nuryakin
The important role of customer bonding capability to increase marketing performance in small and medium enterprises
Cogent Business & Management
adequate marketing information
customer bonding capability
integrated marketing communication
marketing performance
relational capital
title The important role of customer bonding capability to increase marketing performance in small and medium enterprises
title_full The important role of customer bonding capability to increase marketing performance in small and medium enterprises
title_fullStr The important role of customer bonding capability to increase marketing performance in small and medium enterprises
title_full_unstemmed The important role of customer bonding capability to increase marketing performance in small and medium enterprises
title_short The important role of customer bonding capability to increase marketing performance in small and medium enterprises
title_sort important role of customer bonding capability to increase marketing performance in small and medium enterprises
topic adequate marketing information
customer bonding capability
integrated marketing communication
marketing performance
relational capital
url http://dx.doi.org/10.1080/23311975.2021.1932239
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