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The interrelationship of retailer's relationship efforts and consumers' attitude and behavior

Wen‐Hung Wang (Assistant professor based in the Department of Shipping and Transportation Management, National Taiwan Ocean University, Taiwan.)

Measuring Business Excellence

ISSN: 1368-3047

Article publication date: 21 March 2008

Abstract

Purpose

The purpose of this paper is to develop and empirically test a model for examination of the impact of different relationship efforts (financial bonding, social bonding, and structural bonding) made by a retailer on key relationship marketing outcomes (trust, relationship commitment, and behavioral loyalty).

Design/methodology/approach

A cross department study in the financial services industry was conducted based on three consumer samples (Department of Loans, Deposits, and Credit Cards) drawn from XYZ Bank, one of the most famous banks providing merchant banking services in Taiwan.

Findings

SEM results indicate that retailers undertaking relationship efforts to loyal consumers can positively affect these consumers' attitudes and behavior. Besides, the findings suggest that financial services with dissimilar attributes need different kinds and levels of service and relationship efforts.

Originality/value

Consequently, managers and employees of retail banks need to be trained, motivated, and rewarded for making relationship efforts to regular consumers.

Keywords

Citation

Wang, W. (2008), "The interrelationship of retailer's relationship efforts and consumers' attitude and behavior", Measuring Business Excellence, Vol. 12 No. 1, pp. 13-28. https://doi.org/10.1108/13683040810864350

Publisher

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Emerald Group Publishing Limited

Copyright © 2008, Emerald Group Publishing Limited