The goal of relationship marketing is to build and maintain a committed, loyal relationship between a customer and an organization.
Although studies have discussed the types of relational bonds that enhance customer loyalty, empirical research that focuses on the application
of relational bonds in a virtual environment is relatively sparse. In response, this study investigates the effects of various relational bonds on
customer commitment across search-experience-credence goods/services on Internet. The results suggest that financial, social, and structural
bonds have positive impacts on customer commitment. In addition, financial bonds are more successful in strengthening customer commitment
for search goods/services than for experience or credence goods/services. Structural bonds are more important for credence and experience
goods/services than for search goods, and social bonds are almost equally important for all three types of goods/service.
© 2005 New York University. Published by Elsevier Inc. All rights reserved
The goal of relationship marketing is to build and maintain a committed, loyal relationship between a customer and an organization.Although studies have discussed the types of relational bonds that enhance customer loyalty, empirical research that focuses on the applicationof relational bonds in a virtual environment is relatively sparse. In response, this study investigates the effects of various relational bonds oncustomer commitment across search-experience-credence goods/services on Internet. The results suggest that financial, social, and structuralbonds have positive impacts on customer commitment. In addition, financial bonds are more successful in strengthening customer commitmentfor search goods/services than for experience or credence goods/services. Structural bonds are more important for credence and experiencegoods/services than for search goods, and social bonds are almost equally important for all three types of goods/service.© 2005 New York University. Published by Elsevier Inc. All rights reserved
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