Antecedents and consequences of buyer‐seller relationship quality in the financial services industry
Abstract
Purpose
The purpose of this study is to develop a model that investigates the antecedents and the consequences of buyer‐seller relationship quality in the financial services.
Design/methodology/approach
Data were collected from a survey of more than 400 dyads (414 financial advisors and 772 clients in Canada) and were analyzed using structural equation modeling (SEM).
Findings
The results notably show that, for both financial advisors and clients, customer orientation has an impact on buyer‐seller relationship quality, whereas buyer‐seller similarity does not. The link between relationship quality and both consequences (purchase intention and word‐of‐mouth) is significant for the two samples.
Research limitations/implications
Limitations and research directions refer to the measure of word‐of‐mouth construct, which is only weakly reliable, and the need to consider a multilevel approach.
Practical implications
The study can be helpful for financial advisors to build effective strategies for enhancing their relationships with clients.
Originality/value
The study is one of the few to consider both perceptions (financial advisors and clients) in order to analyze buyer‐seller relationship quality in the financial services sector.
Keywords
Citation
Rajaobelina, L. and Bergeron, J. (2009), "Antecedents and consequences of buyer‐seller relationship quality in the financial services industry", International Journal of Bank Marketing, Vol. 27 No. 5, pp. 359-380. https://doi.org/10.1108/02652320910979889
Publisher
:Emerald Group Publishing Limited
Copyright © 2009, Emerald Group Publishing Limited