Fourth, trust to restaurant affects customer loyalty.
Fifth, switching cost and alternative attractiveness has a moderating effect between relational benefits and customer loyalty. Based on this research findings, implications are as follows. First,...
Fourth, trust to restaurant affects customer loyalty.
Fifth, switching cost and alternative attractiveness has a moderating effect between relational benefits and customer loyalty. Based on this research findings, implications are as follows. First, relational benefits has a reciprocal aspect. In other words, customers perceive confidence benefits and so lessen purchase uncertainty, and at the same time social relationship is developed through continuous transaction and gets to know more each other. Second, as implications in marketing,customers perceive confidence benefits, social benefits, treatment benefits by making a continuous relationship with service provider. This implies that customers fulfill higher needs like social needs besides basic needs, through transaction relationship. This means relational benefits is increased through close relationship and exchange is augmented. Third, as implications in practice, service providers should know 'customer-perceived relational benefits' of confidence benefits, social benefits and treatment benefits in advance and building a long-term relationship by way of delivering relational benefits to customers is directly linked to management performance. Also they should know that it is useful strategy to include relational benefits in training program to hotel employees. This study has a significance of researching effects of mediating and moderating variables between relational benefits and customer loyalty. However this dissertation has limitations as follows and the directions of future study follows.
First, this study regards relational benefits one dimension, but literature reviews classify this concept into three dimensions. So future study needs to investigate how various dimensions of relational benefits affect consequences variables.
Second, this study uses ’self-surveyed method’, so this method can’t reflect respondents’ actual perception level exactly. Therefore, future study should also include qualitative method such as in-depth interview and focused group interview method.
Third, this study is investigated to hotel F & B department. For generalization of this study, all department of hotel or service industry should be included.
Finally, literature reviews of this study is centered on foreign studies, but this dissertation is applied to Korea hotel restaurant. So this study disregards cultural aspect between Korea and foreign countries.
Future study should pay attent to building Korean style research model.