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8/13/2019 Drivers of Banks Customer Loyalty
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Drivers of BanksCustomer Loyalty
Sowmya SushmaKalyani PrudviArun Kumar Pavani
Anirudh.K ChaitanyaMurtaza Ali Simple
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Introduction
Objective: to identify the inter-relationship between service quality,customer loyalty and customer
satisfaction
To identify the important drivers ofcustomer loyalty in the banks
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Variables
Service quality
- catering the needs
- problem redressal mechanism- standards of the service
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Variables
Perceived value
- pricing of products/services
- range of products/services- value added services
- value for money
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Variables
Customer Loyalty
- intention to do business with thebank
- word of mouth
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Variables
Affordability
Time and effort
Costs
Hasselness
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Source of data
Primary data
- questionnaires
- personal interviews
Sample size: 41
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Methodology
Interval data
Factor analysis: Examines the patternsof correlation among the variables andidentifies the important factors
Discriminant Analysis: to determinewhich continuous variables discriminatebetween two or more naturallyoccurring groups.
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file://localhost/Users/sushmanamepalli/Desktop/ANALYSIS.docx
http://localhost/Users/sushmanamepalli/Desktop/ANALYSIS.docxhttp://localhost/Users/sushmanamepalli/Desktop/ANALYSIS.docxhttp://localhost/Users/sushmanamepalli/Desktop/ANALYSIS.docxhttp://localhost/Users/sushmanamepalli/Desktop/ANALYSIS.docx8/13/2019 Drivers of Banks Customer Loyalty
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Bank catering to theircustomer needs
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Service Quality of the Bank
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Attraction for the Customers
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Cost Drivers
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Conclusion