The Effect of Word of Mouth as a Strategy Business for Islamic Banking
- DOI
- 10.2991/978-94-6463-400-6_38How to use a DOI?
- Keywords
- Word of Mouth; Relationship Marketing; Satisfaction; trust; customer loyalty
- Abstract
Customer Relationship Marketing encompasses relationships, networks, and interactions, shifting the marketing concept from a focus on “what we sell” to “what customers want.” This shift reflects the company’s obligation to nurture its connections with customers, aiming to cultivate loyalty toward its products and services. Service quality and trust play crucial roles in fostering cooperative behaviors essential for successful relationship marketing. The study highlighted that overall customer satisfaction proves to be a more reliable predictor of repurchase intentions than inferred service quality. Customer retention, vital for a firm’s future revenue and market share, is influenced by behavioral intentions driven by service quality. Notably, the research findings emphasize the significant impact of trust on the relationship between service quality and customer loyalty in Islamic banking. Enhanced service quality increases customer belief and trust, reinforcing their preference for selecting Islamic banks.
- Copyright
- © 2024 The Author(s)
- Open Access
- Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.
Cite this article
TY - CONF AU - Dian Anggraece Sigit Parawansa AU - Insany Fitri Nurqamar AU - Asty Almaida AU - Annisa Parameswary Aslam AU - Rianda Ridho Hafizh Thaha PY - 2024 DA - 2024/05/22 TI - The Effect of Word of Mouth as a Strategy Business for Islamic Banking BT - Proceedings of the 8th International Conference on Accounting, Management, and Economics (ICAME 2023) PB - Atlantis Press SP - 508 EP - 519 SN - 2352-5428 UR - https://doi.org/10.2991/978-94-6463-400-6_38 DO - 10.2991/978-94-6463-400-6_38 ID - Parawansa2024 ER -