Answers are grounded in this paper and cite their sources.
Numerous studies have shown customer satisfaction to be the crucial antecedent of perhaps the most important constructs in marketing – loyalty and customer retention. However the satisfaction→customer retention linkage is not as simple as it might first seem. This study examines the impact of switching barriers as potential moderators of the satisfaction→customer retention linkage. The results show that across each industry studied, the satisfaction→repeat purchase link is stronger under conditions of low switching barriers, and weaker when switching barriers are perceived to be higher, thus supporting a contingency model of customer retention.
No takes yet. Share an insight, caveat, or question.
Paul G. Patterson (2004) studied this question.
Synapse has enriched 10 related papers. Consider them for comparative context: