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Enhancement of touchpoint interactions on customer experience management in the banking sector

Enhancement of touchpoint interactions on customer experience management in the banking sector A customer experience management (CEM) strategy guides the banks to embrace an experience-centric rather than customer-centric approach. This research is based on descriptive research design delineating the customer opinion using a well-structured questionnaire. Primary data was collected from 928 bank customers in the Puducherry region in India using a Quota sampling technique. To understand and review the concepts of CEM, and to know the customer touchpoints of the banking sector, from the various literatures, there are as many as 44 customer touchpoints identified such as mobile banking, internet banking, etc. out of which, 25 touchpoints are finally considered for the research work after thorough scrutiny. A structural equation model proves that customer touchpoint interactions bear more impact on CEM and also on customer satisfaction and loyalty. Overall, this research has found that customer touchpoint interaction leads to good customer experiences and this can be used to change their bank practices by affecting some technological changes. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png International Journal of Electronic Customer Relationship Management Inderscience Publishers

Enhancement of touchpoint interactions on customer experience management in the banking sector

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Publisher
Inderscience Publishers
Copyright
Copyright © Inderscience Enterprises Ltd
ISSN
1750-0664
eISSN
1750-0672
DOI
10.1504/ijecrm.2022.126891
Publisher site
See Article on Publisher Site

Abstract

A customer experience management (CEM) strategy guides the banks to embrace an experience-centric rather than customer-centric approach. This research is based on descriptive research design delineating the customer opinion using a well-structured questionnaire. Primary data was collected from 928 bank customers in the Puducherry region in India using a Quota sampling technique. To understand and review the concepts of CEM, and to know the customer touchpoints of the banking sector, from the various literatures, there are as many as 44 customer touchpoints identified such as mobile banking, internet banking, etc. out of which, 25 touchpoints are finally considered for the research work after thorough scrutiny. A structural equation model proves that customer touchpoint interactions bear more impact on CEM and also on customer satisfaction and loyalty. Overall, this research has found that customer touchpoint interaction leads to good customer experiences and this can be used to change their bank practices by affecting some technological changes.

Journal

International Journal of Electronic Customer Relationship ManagementInderscience Publishers

Published: Jan 1, 2022

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