2018
DOI: 10.3390/su10041151
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Determinants of Customer Satisfaction and Loyalty in Vietnamese Life-Insurance Setting

Abstract: Sustainable services are often regarded as sustainable strategies and operations producing goods and services that satisfy customer needs and significantly improve social and environmental performance. To be sustainable, service providers must satisfy consumers' needs or otherwise they will become redundant and economically irrelevant. This paper presents the results of an empirical study on the determinants of customer satisfaction and loyalty in life-insurance services in Vietnam based on a database collecte… Show more

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Cited by 67 publications
(90 citation statements)
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References 41 publications
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“…In addition, customer satisfaction also influences on customer loyalty in food and beverage of SMEs in Malaysia. This result is supported by previous studies such as Awan and Rehman (2014), Iqbal and Shah (2016), Ganiyu (2017) and Nguyen et al (2018). For the indirect effect, based on Sobel test calculation, all marketing mix elements have maintained positive effects on customer loyalty through customer satisfaction in food and beverage products of SMEs in Malaysia.…”
Section: Discussionsupporting
confidence: 84%
“…In addition, customer satisfaction also influences on customer loyalty in food and beverage of SMEs in Malaysia. This result is supported by previous studies such as Awan and Rehman (2014), Iqbal and Shah (2016), Ganiyu (2017) and Nguyen et al (2018). For the indirect effect, based on Sobel test calculation, all marketing mix elements have maintained positive effects on customer loyalty through customer satisfaction in food and beverage products of SMEs in Malaysia.…”
Section: Discussionsupporting
confidence: 84%
“…The concept of perceived quality is strongly related to that of perceived value, which is defined as the consumer's overall evaluation of the benefits that are attained from a product or service in return of the perceived cost, in terms of monetary and non-monetary price (Monroe 2002). The perceived value, in addition to increase customer satisfaction, encourages the consumers' repurchases (Han et al 2011), promotes re-patronage intentions, and discourages switching behaviors (Wathne et al 2001), thus improving customer loyalty (Nguyen et al 2018).…”
Section: Customer Loyalty and Brand Managementmentioning
confidence: 99%
“…Literature shows interesting advancements in its understanding and conceptualization. However, to date, further efforts are required of scholars (Nguyen et al 2018;Shahid Iqbal et al 2018;Sitorus and Yustisia 2018). The reason is that customer loyalty is a complex and multifaceted concept involving dynamic interactions and exchanges (Dick and Basu 1994).…”
Section: Introductionmentioning
confidence: 99%
“…Customer is considered as a king and customer satisfaction is prime concern for many organizations. The organization has to satisfy the customers at any cost (Nguyen, Nguyen, Nguyen, & Phan , 2018). In this challenging evironment, customer loyalty has become a key issue for many firms and business.…”
Section: Customer's Retentionmentioning
confidence: 99%