The Joint Effect of Relationship Perceptions, Loyalty Program and Direct Mailing on Customer Share Development
In this paper, we examine the effect of relationship perceptions and relationship marketing instruments on customer share development. We also study the interaction effect of these instruments with behavioral loyalty and relationship perceptions. This study is executed among a sample of customers of a financial service provider. Our results show that commitment positively affects changes in customer share, while loyalty program membership and direct mailings also have a positive effect. We also find that satisfaction has a smaller effect among members of the loyalty program, while our results also reveal some preliminary evidence to support the notion that loyalty programs are less effective among behavioral loyal customers.
|Keywords||customer loyalty, customer relationship management, marketing instruments marketing models, marketing research|
|Publisher||Erasmus Research Institute of Management (ERIM)|
Verhoef, P.C.. (2002). The Joint Effect of Relationship Perceptions, Loyalty Program and Direct Mailing on Customer Share Development (No. ERS-2002-27-MKT). Erasmus Research Institute of Management (ERIM). Retrieved from http://hdl.handle.net/1765/174