2007
DOI: 10.1007/s11747-007-0037-1
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The chain from customer satisfaction via word-of-mouth referrals to new customer acquisition

Abstract: It has often been argued that word-of-mouth (WOM) can contribute significantly to a firm's success in a variety of ways. Here, we analyze the functional linkage between customer satisfaction, WOM, and new customer acquisition. Using data from two empirical studies we conceptualize and test the direct, non-linear, and moderated relationship between satisfaction and WOM. We further explore the circumstances under which WOM leads to new customer acquisition using a logistic regression model. We do so for two grou… Show more

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Cited by 268 publications
(203 citation statements)
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References 61 publications
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“…Indeed, several researchers have found strong empirical support for a significant effect of satisfaction on customer referrals (e.g., Brown et al, 2005;von Wangenheim and Bayón, 2007). In line with this research, we propose that customer satisfaction with a brand exerts a positive effect on positive WOM.…”
Section: Customer Satisfactionsupporting
confidence: 83%
See 1 more Smart Citation
“…Indeed, several researchers have found strong empirical support for a significant effect of satisfaction on customer referrals (e.g., Brown et al, 2005;von Wangenheim and Bayón, 2007). In line with this research, we propose that customer satisfaction with a brand exerts a positive effect on positive WOM.…”
Section: Customer Satisfactionsupporting
confidence: 83%
“…Moreover, marketers consider it a particularly valuable instrument for acquiring new customers (von Wangenheim and Bayón, 2007). While some researchers treat WOM as an integral part of a multidimensional customer loyalty construct (Sirdeshmukh et al, 2002;Jones and Taylor, 2007), Soederlund (2006) empirically demonstrates that combining repatronage intentions and word-of-mouth intentions may conceal significant aspects of loyalty and its relation to other constructs in the nomological net.…”
Section: Positive Word Of Mouthmentioning
confidence: 99%
“…In addition, satisfied customers tend to support the company by spreading the good word of mouth (WOM) and increase the level of publicity of the company. As a result monitoring and reporting the customer satisfaction level is one of the tasks of marketing division of companies (Wangenheim & Bayon, 2007;Wilson, 2002).…”
Section: Introductionmentioning
confidence: 99%
“…Additionally, Wangenheim and Bayon (2007) investigated the function of satisfaction. Customer satisfaction exhibits a positive effect on both the likelihood and the number of WOM referrals (Wangenheim & Bayon, 2007), that is, both of them increase as customer satisfaction increases.…”
Section: Intention-to-leave Reviewsmentioning
confidence: 99%