Is Loyalty Dead?

£5.99

Is Loyalty Dead?

Marketing Strategies to Survive in the Saturated Telecommunication Market

Sociology Economics, Finance, Business and Management Business and Management

Authors: Farzana Quoquab, Jihad Mohammad

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Language: English

Published by: Partridge Publishing Singapore

Published on: 11th July 2016

Format: LCP-protected ePub

Size: 156 Kb

ISBN: 9781482866100


Introduction

This book is for those who are interested to know more about the recent trend of service loyalty and service switching among mobile phone service users. This timely and important book is an essential guide for researchers, policy makers, managers, and marketers to develop an insight to better strategize and effectively implement loyalty programs and prevent their customers from switching.

Understanding Loyalty and Switching

The term loyalty is acknowledged as an important indicator of the likely success of a service business, whereas switching costs a service firm the customers' future revenue stream. However, recent research revealed that, in many industries, satisfied customers also tend to switch.

Factors Influencing Switching

This book discusses the role of switching cost and consumer innovativeness in explaining consumers' switching tendency. Last but not the least, this book offers a richer explanation about loyalty and switching phenomena than past studies that mostly discussed these two constructs in isolation.

Current Market Challenges

Nowadays, divided loyalty as well as switching became a common issue, which made it difficult for the company managers to retain their customers for a long time. With no exception, the mobile phone service market is also filled with divided loyal ones as well as switchers.

Strategies for Mobile Service Providers

This book presents some depth and breadth strategies for the mobile phone network service providers in order to manage such promiscuous customers.

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