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Identifying and creating customer loyalty is essential for business success. Understanding
the customer loyalty requires understanding value for the customers. The study of customer value is more significant for several researches. However, many factors can affect customer value. This research explores the relationship between product value (product quality, product innovation), service value (customer relationship management, supplier relationship management), and brand value (brand awareness, brand image), and their impact on customer value and customer loyalty in the ride hailing industry in Thailand. The Exploratory Factor Analysis (EFA) was applied to the preliminary analysis of the variables. Poor-performing items were removed from the original items. The 31 remaining items were reanalyzed in regrouping and renamed in 6 constructs which were ‘supplier relationship’, ‘brand image and brand value’, ‘product value and product innovation’, ‘customer relationship’, ‘product quality’, and ‘service value’. Confirmatory Factory Analysis (CFA) conducted in AMOS revealed the relationship of these 6 main variables and their impacts on customer value and customer loyalty. The research
result shows that the service value has the most positive impact to the customer value compared with other variables. Brand image and brand value is the variable that has least positive effect on the customer value. In addition, the relationship between customer value and customer loyalty were also examined in this study and the research result shows that there is a positive relationship between these two variables |
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