Advances in Economics, Management and Political Sciences

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Proceedings of the 2nd International Conference on Financial Technology and Business Analysis

Series Vol. 45 , 01 December 2023


Open Access | Article

Explore the Relationship Between Consumer Satisfaction and Consumer Loyalty Based on Four Industries

Boxiang Xiao 1 , Dezhi Kong 2 , Xinyue Huang 3 , Yanlu Cao 4 , Yunting Wang * 5
1 Macau University of Science and Technology
2 Macau University of Science and Technology
3 Macau University of Science and Technology
4 Macau University of Science and Technology
5 Macau University of Science and Technology

* Author to whom correspondence should be addressed.

Advances in Economics, Management and Political Sciences, Vol. 45, 26-37
Published 01 December 2023. © 2023 The Author(s). Published by EWA Publishing
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Citation Boxiang Xiao, Dezhi Kong, Xinyue Huang, Yanlu Cao, Yunting Wang. Explore the Relationship Between Consumer Satisfaction and Consumer Loyalty Based on Four Industries. AEMPS (2023) Vol. 45: 26-37. DOI: 10.54254/2754-1169/45/20230251.

Abstract

In recent years, with the continuous development of customer relationship management, the two indicators of consumer satisfaction and consumer loyalty are often regarded as the criteria for measuring the success of customer relationship management, but at the same time whether these two indicators are applicable to the market competition environment is often controversial, this article will use the questionnaire survey method to explore the relationship between consumer satisfaction and consumer loyalty in the catering industry in the Macao Special Administrative Region, and use the case summary method to explore the other three industries in different market environments. It also summarizes the factors that contribute to this situation and also tries to provide more suggestions for improvement for practitioners.

Keywords

customer satisfaction, customer loyalty, customer relationship management, positive correlation

References

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3. Johnson, Michael D., Andreas Herrmann, and Frank Huber. "The evolution of loyalty intentions." Journal of marketing 70.2 (2006).

4. Westbrook, Robert A., and Richard L. Oliver. "The dimensionality of consumption emotion patterns and consumer satisfaction." Journal of consumer research: 84-91. (1991).

5. Buchanan, R. and Gilles, C."Value managed relationship: The key to customer retention and profitability", European Management Journal, vol 8, no 4, (1990).

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7. Reichheld, F. The Loyalty Effect, Harvard Business School Press, Boston, (1996).

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10. Sharma, A., Gupta, J., Gera, L., Sati, M., & Sharma, S. Relationship between Customer Satisfaction and Loyalty. Social Science Research Network. (2020).

11. Valerie Goldberg What Is the Connection between Customer Satisfaction and Customer Loyalty? (2022).

12. Hui Zhang. Research on the Mediating Effect of Business Hotel Customer Satisfaction on Service Quality and Customer Loyalty (Master's Thesis, Jinan University). (2021).

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Data Availability

The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.

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Volume Title
Proceedings of the 2nd International Conference on Financial Technology and Business Analysis
ISBN (Print)
978-1-83558-137-7
ISBN (Online)
978-1-83558-138-4
Published Date
01 December 2023
Series
Advances in Economics, Management and Political Sciences
ISSN (Print)
2754-1169
ISSN (Online)
2754-1177
DOI
10.54254/2754-1169/45/20230251
Copyright
01 December 2023
Open Access
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited

Copyright © 2023 EWA Publishing. Unless Otherwise Stated