Objective -
The purpose of this study is to investigate which factors have a stronger influence on final purchase decisions from the perspective of the chemical market. The factors under consideration are customer satisfaction, commitment and cost fluctuations.
Methodology/Technique -
By understanding the factors that influence purchase decisions, a chemical company or other industrial company can place greater focus on the factors that will improve or enhance customer loyalty. The research design is a conclusive-descriptive and quantitative method.
Findings & Novelty -
The results of the analysis confirm that customer commitment and satisfaction have a stronger influence on customer loyalty, compared to fluctuating costs. Satisfaction does not have a direct influence on loyalty, except where commitment is used as a mediator.
Type of Paper -
Empirical
Keywords:
Satisfaction; Commitment; Switching Cost; Loyalty; B2B Relationship.
JEL Classification:
M10, M12, M19, M30.
URI:
http://gatrenterprise.com/GATRJournals/JMMR/vol4.2_3.html
DOI:
https://doi.org/10.35609/jmmr.2019.4.2(3)
Pages
115-125