Exploring customer switching intentions through relationship marketing paradigm

Abstract

Purpose – The purpose of this paper is to investigate the extent of customer switching and the reasons that underlie customer‐switching intentions. The paper aims to focus on the various factors on account of which a customer may or may not switch a particular bank.Design/methodology/approach – A total of 800 bank customers were selected randomly from a total population of 71,600 and were contacted personally to gather the requisite data.Findings – The paper finds that the model reveals significant effect of quality, satisfaction and trust on predicting switching barriers. Of these relationships, satisfaction emerged as the strongest factor which influences switching barriers.Research limitations/implications – The study is limited to Indian banks; a larger empirical study would be useful to replicate the results in the banking as well as other services.Practical implications – In order to ensure loyalty among bank customers, increased value addition in the banking services and wide‐ranging relationships ...