The contribution of perceived firm marketing innovation initiatives to customer perceived value and loyalty: does switching experience really matter?

In recent years, perceived firm marketing innovation initiatives (PFMII) are increasingly considered as an important means to ensure customers' continued loyalty. Although customer perceived value is believed to be a potential mediator between PFMII and customer loyalty, much of the evidence to...

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Main Authors: Chuah, S. H. W., Marimuthu, M., Ramayah, T.
Format: Article
Language:English
Published: Penerbit Universiti Sains Malaysia 2016
Subjects:
Online Access:http://eprints.utm.my/71735/1/ThurasamyRamayah2016_TheContributionofPerceivedFirmMarketing.pdf
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author Chuah, S. H. W.
Marimuthu, M.
Ramayah, T.
author_facet Chuah, S. H. W.
Marimuthu, M.
Ramayah, T.
author_sort Chuah, S. H. W.
collection ePrints
description In recent years, perceived firm marketing innovation initiatives (PFMII) are increasingly considered as an important means to ensure customers' continued loyalty. Although customer perceived value is believed to be a potential mediator between PFMII and customer loyalty, much of the evidence to date remains anecdotal or speculative. Furthermore, there is a dearth of knowledge about how the effect of PFMII on customer value differs between switchers and non-switchers. To bridge this knowledge gap, we propose a conceptual framework linking PFMII to customer perceived value and loyalty, and develop hypotheses about the moderating role of switching experience in some of these linkages. Data were collected from Generation Y(18–34 years old) who subscribed to post-paid mobile internet plans. The results showed that both functional and monetary values mediated the relationship between PFMII and customer loyalty. However, there was no significant difference in the effect of PFMII on functional and monetary values between switchers and non-switchers. This research contributes to theory and practice by clarifying linkages between PFMII and customer loyalty by investigating the often widely neglected role of customer perceived value. In addition, this study successfully extended Sweeney and Soutar (2001) PERVAL model by incorporating PFMII as the key driver of customer perceived value.
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spelling utm.eprints-717352017-11-21T03:28:05Z http://eprints.utm.my/71735/ The contribution of perceived firm marketing innovation initiatives to customer perceived value and loyalty: does switching experience really matter? Chuah, S. H. W. Marimuthu, M. Ramayah, T. HF Commerce In recent years, perceived firm marketing innovation initiatives (PFMII) are increasingly considered as an important means to ensure customers' continued loyalty. Although customer perceived value is believed to be a potential mediator between PFMII and customer loyalty, much of the evidence to date remains anecdotal or speculative. Furthermore, there is a dearth of knowledge about how the effect of PFMII on customer value differs between switchers and non-switchers. To bridge this knowledge gap, we propose a conceptual framework linking PFMII to customer perceived value and loyalty, and develop hypotheses about the moderating role of switching experience in some of these linkages. Data were collected from Generation Y(18–34 years old) who subscribed to post-paid mobile internet plans. The results showed that both functional and monetary values mediated the relationship between PFMII and customer loyalty. However, there was no significant difference in the effect of PFMII on functional and monetary values between switchers and non-switchers. This research contributes to theory and practice by clarifying linkages between PFMII and customer loyalty by investigating the often widely neglected role of customer perceived value. In addition, this study successfully extended Sweeney and Soutar (2001) PERVAL model by incorporating PFMII as the key driver of customer perceived value. Penerbit Universiti Sains Malaysia 2016 Article PeerReviewed application/pdf en http://eprints.utm.my/71735/1/ThurasamyRamayah2016_TheContributionofPerceivedFirmMarketing.pdf Chuah, S. H. W. and Marimuthu, M. and Ramayah, T. (2016) The contribution of perceived firm marketing innovation initiatives to customer perceived value and loyalty: does switching experience really matter? Asian Academy of Management Journal, 21 . pp. 1-23. ISSN 1394-2603 https://www.scopus.com/inward/record.uri?eid=2-s2.0-85008186362&partnerID=40&md5=5cffb332646fc86f1b627e98a9fe498d
spellingShingle HF Commerce
Chuah, S. H. W.
Marimuthu, M.
Ramayah, T.
The contribution of perceived firm marketing innovation initiatives to customer perceived value and loyalty: does switching experience really matter?
title The contribution of perceived firm marketing innovation initiatives to customer perceived value and loyalty: does switching experience really matter?
title_full The contribution of perceived firm marketing innovation initiatives to customer perceived value and loyalty: does switching experience really matter?
title_fullStr The contribution of perceived firm marketing innovation initiatives to customer perceived value and loyalty: does switching experience really matter?
title_full_unstemmed The contribution of perceived firm marketing innovation initiatives to customer perceived value and loyalty: does switching experience really matter?
title_short The contribution of perceived firm marketing innovation initiatives to customer perceived value and loyalty: does switching experience really matter?
title_sort contribution of perceived firm marketing innovation initiatives to customer perceived value and loyalty does switching experience really matter
topic HF Commerce
url http://eprints.utm.my/71735/1/ThurasamyRamayah2016_TheContributionofPerceivedFirmMarketing.pdf
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