Re-Investigating Key Factors of Customer Satisfaction Affecting Customer Retention for Fast Food Industry

Re-Investigating Key Factors of Customer Satisfaction Affecting Customer Retention for Fast Food Industry
Title Re-Investigating Key Factors of Customer Satisfaction Affecting Customer Retention for Fast Food Industry PDF eBook
Author Omkar Dastane
Publisher
Pages 22
Release 2017
Genre
ISBN

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It is an undisputed fact that the cost of Customer Retention is far lesser than that of acquiring fresh ones. Customer satisfaction is undoubtedly one of the strong factors ensuring customer retention. Several researches have been done in the past to identify factors influencing customer satisfaction and in turn leading to customer retention. With changing perceptions, preferences and markets, we find a need to reinvestigate what are the key factors of customer satisfaction affecting customer retention in Malaysian fast food industry. Product quality, service quality, prices, facility and emotional factor are selected as factors of customer satisfaction (independent variables) based on extensive literature review. The research uses primary data collected from 180 Malaysian fast food customers using a multi-factor questionnaire with a Likert-scale from 1 to 5. To ensure reliability and validity the questionnaire was checked by Cronbach's Alpha and principal components analysis was carried out. Correlation and regression analysis is conducted using SPSS 21 to identify influence and impact of selected factors on customer retention. Descriptive statistics show that the most significant key factor of customer satisfaction is emotional factor followed by store facility, service quality and prices and the lease poor is product quality. Emotional factor and facility plays important role in customer satisfaction that ensures customer retention in Malaysian fast food industry.

Factors Affecting Customer Satisfaction in Fast Food Sector

Factors Affecting Customer Satisfaction in Fast Food Sector
Title Factors Affecting Customer Satisfaction in Fast Food Sector PDF eBook
Author Abdullah Afzal
Publisher
Pages 104
Release 2014-10-07
Genre
ISBN 9783656754404

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Masterarbeit aus dem Jahr 2013 im Fachbereich BWL - Marketing, Unternehmenskommunikation, CRM, Marktforschung, Social Media, Lovely Professional University, Punjab, Sprache: Deutsch, Abstract: Prior research has shown that customer satisfaction is the most important means for fast food restaurant. The main objectives of the study were to enhance the fast food service quality impact on overall customer satisfaction, to study purchaser behavior towards fast food places, to identify various key factors used by clients in the selection of fast food restaurants; and to analyze the particular differences/similarities in critical factors deemed by consumers for the selection of fast food restaurants. Our objective should be to look into the particular crucial elements that really help to determine the expectations which buyers have regarding the fast food market and his or her perceptions of good quality through experience. The organizations under study were Pizza Hut, Hardees, KFC, McDonald's and Subway located in Lahore, Pakistan. An extensive review of the literature was carried out by reviewing research studies, books, site pages and journals etc. On the basis of that literature review and its inferences, a questionnaire was developed which was needed for this quantitative type of research. The data was collected from the customer of these restaurants. A sample of 407 customers was selected randomly. Data was compiled and statistically analyzed using SPSS and Microsoft Excel. On the basis of their responses correlation test and analysis of variance (ANOVA) was applied through IBM SPSS. Results of each question were thoroughly analyzed and discussed by the researcher. Graphical representation of all the data has been shown. Conclusions of the study include the strengths of the organization as well as a few deficiencies in performance. Recommendations have been made for fast food restaurants to overcome those deficiencies for enhancing performance through statistical tec

Factors Affecting Customer Satisfaction in Fast Food Sector

Factors Affecting Customer Satisfaction in Fast Food Sector
Title Factors Affecting Customer Satisfaction in Fast Food Sector PDF eBook
Author Abdullah Afzal
Publisher LAP Lambert Academic Publishing
Pages 116
Release 2014-10-15
Genre
ISBN 9783659619069

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The fast food industry is on an upward trend. The demand for fast food product is now growing as it is convenience which suits the lifestyle of customers. With the changing lifestyle of consumers of Lahore (Pakistan), more educated people and affluent, people tend to eating-out especially in fast food restaurants. Along with the huge promotions through media, customers has a variety choice of fast food pattern and restaurants. Therefore, local fast foods restaurants have to be sensitive to these changing trends and to be innovative and get prepare to change accordingly to avoid from losing their existing and future potential customers. The aim of this study is to examine how the respondent's perception will be influenced by factors of customer loyalty towards preferred fast food restaurants. With this important information, marketers or strategy planner can formulate or develop an appropriate strategy that able to outdo the competitors. Furthermore, they also can identify which factors will influence customer loyalty most and made innovative changes to keep track and add value to their fast food restaurants.

Customer Retention in Fast Food Industry

Customer Retention in Fast Food Industry
Title Customer Retention in Fast Food Industry PDF eBook
Author Usman Ali Warraich
Publisher
Pages 0
Release 2014
Genre
ISBN

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This research investigates the relationship between dining attributes, customer satisfaction and customer retention in the fast food industry. This research has brought out how to gain customer retention to the services and the factors that influence the customer retention. For this research sample size of 164 consumers from different fast food restaurant has been taken randomly on the basis of convenience sampling. Multiple Regressions were used as the statistical tool. Results obtained from the analysis corroborate that there is a significant impact of service quality on the customer retention.

Impact Of Food Quality, Service Quality, Price And Promotion On Customer Loyalty In Local Fast Food Industry Of Hyderabad, Pakistan

Impact Of Food Quality, Service Quality, Price And Promotion On Customer Loyalty In Local Fast Food Industry Of Hyderabad, Pakistan
Title Impact Of Food Quality, Service Quality, Price And Promotion On Customer Loyalty In Local Fast Food Industry Of Hyderabad, Pakistan PDF eBook
Author Muhammad Bashir
Publisher GRIN Verlag
Pages 48
Release 2024-08-12
Genre Business & Economics
ISBN 3389057366

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Bachelor Thesis from the year 2021 in the subject Business economics - Market research, Shaheed Zulfikar Ali Bhutto Institute of Science & Technology (Shaheed Zulfikar Ali Bhutto Institute of Science and Technology), course: Bachelors in Business, language: English, abstract: This research investigates the key factors influencing customer loyalty within the fast-food sector of Hyderabad. By examining the relationships between food quality, service quality, pricing strategies, and promotional efforts, this study aims to identify the critical elements that contribute to customer retention and satisfaction in the local fast-food market.

Sales Management for Improved Organizational Competitiveness and Performance

Sales Management for Improved Organizational Competitiveness and Performance
Title Sales Management for Improved Organizational Competitiveness and Performance PDF eBook
Author Santos, José Duarte
Publisher IGI Global
Pages 392
Release 2022-05-27
Genre Business & Economics
ISBN 1668434326

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With the recent digital developments within marketing, the alignment between sales and marketing has become increasingly important as it has the potential to improve sales, customer relations, and customer satisfaction. The evolution of technology has also been promoting changes in the sales process, which provides new opportunities and challenges for enterprises at various levels. Sales Management for Improved Organizational Competitiveness and Performance highlights the influences of management, marketing, and technology on sales and presents trends in sales, namely the digital transformation that is taking place in organizations. The book also considers innovative concepts, techniques, and tools in the sales area. Covering a wide range of topics such as digital transformation, sales communication, and social media marketing, this reference work is ideal for managers, marketers, researchers, scholars, practitioners, academicians, instructors, and students.

The AI Revolution: Driving Business Innovation and Research

The AI Revolution: Driving Business Innovation and Research
Title The AI Revolution: Driving Business Innovation and Research PDF eBook
Author Bahaa Awwad
Publisher Springer Nature
Pages 917
Release
Genre
ISBN 3031543793

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