• No results found

initiated touchpoints versus firm

N/A
N/A
Protected

Academic year: 2021

Share "initiated touchpoints versus firm"

Copied!
13
0
0

Bezig met laden.... (Bekijk nu de volledige tekst)

Hele tekst

(1)

The difference between customer

initiated touchpoints versus firm

initiated touchpoints and their synergy

effects towards purchase probability

(2)

Table of content

• Introduction to the topic

• The problem: research gap

• The solution: my study

• Conceptual model

• Data transformation and analysis remarks

• Results

(3)

Introduction to the topic

• Personal customer journey of 29011 (potential) customers

• From the 1st of June 2015 to the 31th of September 2016

(4)

The problem: research gap

Customer journey Touchpoints Customer vs firm

initiated touchpoints

Synergy effects

For example Barwitz & Maas (2018)

Ramaseshan (2016) Wiesel et al. (2011) Naik & Raman (2003) Wiesel et al. (2011) Dong et al. (2018)

(5)

The solution: my study

• Research question: To what extend are there synergy effects towards the dependent variable of purchase probability (for purchases at any brand as well as purchases at the focus brand) when customer initiated touchpoints and firm initiated touchpoints are used together?

• H1a. Online customer initiated touchpoints have a positive impact on purchase probability

• H1b. Online firm initiated touchpoints have a positive impact on purchase probability

• H1c. Online customer initiated touchpoints have a greater impact on purchase probability than online firm initiated touchpoints have

• H2. The combined effect of customer initiated touchpoints and firm initiated

(6)
(7)

Data transformation and analysis remarks

• No outliers detected

• Touchpoint usage transformed to binary outcome

• Aggregated data to create one journey per row

• Assumptions for binary logistic regression hold and Pseudo R-squared measures outscored intercepts

• MFX package in R: marginal effects

(8)

Results: purchases in general (1/2)

IV’s Effect Significance

Customer initiated touchpoints

0.00004 ***

Firm initiated touchpoints 0.00019 *** Moderation/synergy effects -0.000000002 ***

IV’s Effect Significance

Accommodations website 0.00092 ***

Touroperator / travel agent website competitor

0.00034 ***

Touroperator / travel agent website focus brand

0.00028 **

Touroperator / travel agent search focus brand

0.03278 *

Flight tickets search 0.00698 ***

(9)
(10)

Results: purchases at the focus brand (1/2)

IV’s Effect Significance

Customer initiated touchpoints

0.000004 ***

Firm initiated touchpoints 0.000017 *** Moderation/synergy effects -0.0000000004 ***

IV’s Effect Significance

Accommodations website -0.00013 ***

Touroperator / travel agent search competitor

-0.00732 **

Touroperator / travel agent website focus brand*

0.000165 ***

Touroperator / travel agent search focus brand

0.00683 .

(11)
(12)

Conclusion and recommendations for

managers

• Both online customer initiated (H1a) and online firm initiated (H1b)

touchpoints have a positive impact on purchase probability in both parts of the study

• Firm initiated touchpoints had a greater impact on purchase probability (at the focus brand) when measured together

• Customer initiated touchpoints had a greater impact on purchase probability (at the focus brand) when measured individually

(13)

Referenties

GERELATEERDE DOCUMENTEN

In contemporary pluralist societies, including Israel, however, it is unlikely we could find any deep consensus, let alone a consensus on the basis tenets of

The Negative Binomial model, that is created to analyze the effect of the characteristics of first purchase on the number of additional purchases, includes

- Retailers need to find the balance of the aspects - Retailers could focus on products bought in

The effect of different advertising forms on the visit stage and purchase stage (H1 and H2) Affiliate marketing did positively affect the probability consumers enter the

However, when the touchpoint were measured individually – instead of all customer initiated touchpoints combined and all firm initiated touchpoints combined – customer initiated

To understand the effect of each touchpoint across different devices in the online path-to- purchase in the travel industry, the study addresses the following research question: To

This thesis contains a description of the research, that is executed at K-Swiss, with regard to the impact of perceived quality, brand relationship and the Alsem/Zweegers model on

Copyright and moral rights for the publications made accessible in the public portal are retained by the authors and/or other copyright owners and it is a condition of