Cargando…

Antecedents and Consequences of Banking Customers’ Behavior towards Social Media: Evidence from an Emerging Economy

Due to the aggressive competitive climate in practically every sector, modern firms in the digital age confront a variety of hurdles for survival and growth. Technology, mainly digital technology, has altered global business practices. To stay ahead of their competitors, marketers need to develop ne...

Descripción completa

Detalles Bibliográficos
Autores principales: Zhang, Lei, Akbar, Sher, Tomuș, Alin Mihai, Solomon, Alina Georgiana
Formato: Online Artículo Texto
Lenguaje:English
Publicado: MDPI 2022
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9774319/
https://www.ncbi.nlm.nih.gov/pubmed/36547001
http://dx.doi.org/10.3390/bs12120518
_version_ 1784855378627919872
author Zhang, Lei
Akbar, Sher
Tomuș, Alin Mihai
Solomon, Alina Georgiana
author_facet Zhang, Lei
Akbar, Sher
Tomuș, Alin Mihai
Solomon, Alina Georgiana
author_sort Zhang, Lei
collection PubMed
description Due to the aggressive competitive climate in practically every sector, modern firms in the digital age confront a variety of hurdles for survival and growth. Technology, mainly digital technology, has altered global business practices. To stay ahead of their competitors, marketers need to develop new strategies that make use of digital technology. Using more conventional forms of competition will not result in spectacular outcomes. In this respect, the rise of social media is a game-changer in marketing since it provides marketers with a strategic touchpoint to engage customers with a brand. Still, it is also important to note the customer’s attitude towards social media. Previous studies have, for the most part, ignored the connection between programs involving corporate social responsibility (CSR) and positive experiences for customers. As a result, the current study intends to evaluate the relationship between customer-related CSR activities on social media, customer attitude towards social media, and consumer behavioral outcomes, such as purchase intentions (PI) and electronic word of mouth (E-WOM). Information was collected from banking customers in a developing economy and evaluated with Smart PLS 4.0. According to the findings, customer-related corporate social responsibility activities carried out on social media have an effect on attitudes toward social media, customer behavioral outcomes, such as electronic word of mouth (E-WOM), and buying intentions. The findings also show that a consumer’s feelings toward a brand can bridge the gap between customer-related CSR, E-WOM, and purchase intentions. The current study’s outcomes can help policymakers comprehend the value of CSR practices from the standpoint of marketing, which is something that most CSR researchers overlook.
format Online
Article
Text
id pubmed-9774319
institution National Center for Biotechnology Information
language English
publishDate 2022
publisher MDPI
record_format MEDLINE/PubMed
spelling pubmed-97743192022-12-23 Antecedents and Consequences of Banking Customers’ Behavior towards Social Media: Evidence from an Emerging Economy Zhang, Lei Akbar, Sher Tomuș, Alin Mihai Solomon, Alina Georgiana Behav Sci (Basel) Article Due to the aggressive competitive climate in practically every sector, modern firms in the digital age confront a variety of hurdles for survival and growth. Technology, mainly digital technology, has altered global business practices. To stay ahead of their competitors, marketers need to develop new strategies that make use of digital technology. Using more conventional forms of competition will not result in spectacular outcomes. In this respect, the rise of social media is a game-changer in marketing since it provides marketers with a strategic touchpoint to engage customers with a brand. Still, it is also important to note the customer’s attitude towards social media. Previous studies have, for the most part, ignored the connection between programs involving corporate social responsibility (CSR) and positive experiences for customers. As a result, the current study intends to evaluate the relationship between customer-related CSR activities on social media, customer attitude towards social media, and consumer behavioral outcomes, such as purchase intentions (PI) and electronic word of mouth (E-WOM). Information was collected from banking customers in a developing economy and evaluated with Smart PLS 4.0. According to the findings, customer-related corporate social responsibility activities carried out on social media have an effect on attitudes toward social media, customer behavioral outcomes, such as electronic word of mouth (E-WOM), and buying intentions. The findings also show that a consumer’s feelings toward a brand can bridge the gap between customer-related CSR, E-WOM, and purchase intentions. The current study’s outcomes can help policymakers comprehend the value of CSR practices from the standpoint of marketing, which is something that most CSR researchers overlook. MDPI 2022-12-17 /pmc/articles/PMC9774319/ /pubmed/36547001 http://dx.doi.org/10.3390/bs12120518 Text en © 2022 by the authors. https://creativecommons.org/licenses/by/4.0/Licensee MDPI, Basel, Switzerland. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license (https://creativecommons.org/licenses/by/4.0/).
spellingShingle Article
Zhang, Lei
Akbar, Sher
Tomuș, Alin Mihai
Solomon, Alina Georgiana
Antecedents and Consequences of Banking Customers’ Behavior towards Social Media: Evidence from an Emerging Economy
title Antecedents and Consequences of Banking Customers’ Behavior towards Social Media: Evidence from an Emerging Economy
title_full Antecedents and Consequences of Banking Customers’ Behavior towards Social Media: Evidence from an Emerging Economy
title_fullStr Antecedents and Consequences of Banking Customers’ Behavior towards Social Media: Evidence from an Emerging Economy
title_full_unstemmed Antecedents and Consequences of Banking Customers’ Behavior towards Social Media: Evidence from an Emerging Economy
title_short Antecedents and Consequences of Banking Customers’ Behavior towards Social Media: Evidence from an Emerging Economy
title_sort antecedents and consequences of banking customers’ behavior towards social media: evidence from an emerging economy
topic Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9774319/
https://www.ncbi.nlm.nih.gov/pubmed/36547001
http://dx.doi.org/10.3390/bs12120518
work_keys_str_mv AT zhanglei antecedentsandconsequencesofbankingcustomersbehaviortowardssocialmediaevidencefromanemergingeconomy
AT akbarsher antecedentsandconsequencesofbankingcustomersbehaviortowardssocialmediaevidencefromanemergingeconomy
AT tomusalinmihai antecedentsandconsequencesofbankingcustomersbehaviortowardssocialmediaevidencefromanemergingeconomy
AT solomonalinageorgiana antecedentsandconsequencesofbankingcustomersbehaviortowardssocialmediaevidencefromanemergingeconomy