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RELATIONSHIP APPROACH AND CLIENT LOYALTY IN MFIs

Guillain BIRINDWA KIBEKENGE
The high intensity of competition, low growth rate, and market saturation in the microfinance industry, leads to the fact that it has become very difficult to achieve long-term growth through an offensive strategy where the objective is to have long-term profit or growth through the means of market expansion or market share (by gaining new customers) and increasing turnover. Therefore, many companies opt for a defensive marketing strategy where the central objective is the customer and his satisfaction. That is to say, building a high rate of loyalty among existing customers. The objective of this study is to investigate the impact of some important components in relationship marketing (trust, commitment, communication and satisfaction) on loyalty (cognitive loyalty, affective loyalty, conative loyalty and action loyalty) in the microfinance sector in the city of Goma. The simple regression analyses show the existence of a relationship between loyalty and relationship marketing with customer satisfaction as an important dimension.
Autor: BIRINDWA KIBEKENGE, Guillain
EAN: 9786204268149
Sprache: Englisch
Seitenzahl: 128
Produktart: kartoniert, broschiert
Verlag: Our Knowledge Publishing
Untertitel: From transaction to client relationship management in Microfinance Institutions in the city of Goma/DR Congo
Schlagworte: Trust Management loyalty satisfaction trust Commitment communication Customers Relationship
Größe: 150 × 220