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European Journal of Management and Marketing Studies ISSN: 2501 - 9988 ISSN-L: 2501 - 9988 Available on-line at: http://www.oapub.org/soc Volume 2 │ Issue 3 │ 2017 doi: 10.5281/zenodo.1043600 FACTORS INFLUENCING CUSTOMERS’ SATISFACTION ON BANGLADESHI TELECOMMUNICATION SERVICE PROVIDERS S. M. Ferdous Azam1 Khondaker Sazzadul Karim2i PhD, Graduate School of Management, 1 Management & Science University, Malaysia PhD, Associate Professor, School of Business Administration, 2 American International University, Bangladesh Abstract: In twenty-first century telecommunication, services become a basic requirement for every individual and organization. This industry transforms human life significantly. Telecommunication industry provides ease in human communication. Hence, satisfying customers becomes the paramount concern for every telecom service provider across the world. Despite having an enormous number of researches in customer satisfaction, very few researchers have empirically examined important determinants for customers’ satisfaction emphasizing on telecommunication industry. Hence, this study tries to investigate crucial important factors for customers’ satisfaction focusing on Bangladeshi telecommunication industry. By giving one-month extensive effort, this study managed to obtain 1562 respondents from six different states in Bangladesh. Regression results revealed very interesting findings by falsifying importance of quality in the telecom industry. Results evident that price and brand image is the two top most important factors in the telecom industry to satisfy their customers. This study is one of the few that identify quality is not important for satisfying customers which can provide a new thoughtful idea for telecom managers. JEL: L90, L96, O14 Keywords: customers’ satisfaction, telecommunication service providers, Bangladesh Copyright © The Author(s). All Rights Reserved. © 2015 – 2017 Open Access Publishing Group 115 S. M. Ferdous Azam, Khondaker Sazzadul Karim FACTORS INFLUENCING CUSTOMERS’ SATISFACTION ON BANGLADESHI TELECOMMUNICATION SERVICE PROVIDERS 1. Introduction From a prosperous beginning, far-reaching in structure, the telecommunication companies have formed progressively into an open claimed industry without any rivalry. Given the importance of consumer satisfaction in the telecommunication business and with the recent developments in the cellular phone business, the need to ascertain a critical research agenda which would require the attention in understanding the level of satisfaction of the consumers towards their services and the factors that would influence the consumer’s choice in which telecommunication provider they ultimately choose. During the last few decades, customer satisfaction has been considered as one of the major theoretical and practical considerations for most marketers and customer researchers (Dawar, 2013). Customer satisfaction has continuously and increasingly gained the attention of business in order to measure its products or service performances. In the area of marketing, the issue of customer satisfaction has become an important indicator which represents the condition of any service and manufacturing company in the competitive market (Hansemark & Albinsson, 2004). In today’s competitive marketplace, understanding the level satisfaction of the consumers is becoming much more important in order to gain a sustainable competitive advantage. However, to examine the relationship between consumer satisfaction and loyalty towards a particular operator should look towards the profitability of the company. To measure how a particular operator’s quality fulfills consumer satisfaction is one of the important factors. Service quality has been increasingly important in the telecommunication industry and has become an integral part of a company’s delivery. Therefore, one of the challenges is to manage telecommunications in order to enhance the service quality in Bangladesh as these companies are facing both local and foreign telecommunication service providers as competitors (Uddin, & Akhter, 2012). In Bangladesh, both the local and foreign ownership of telecommunication companies have become dominant players in the industry in the recent years. Therefore, there is a necessity to understand the customer’s satisfaction and attitude towards both the Bangladeshi and foreign telecommunication companies and this will be evaluated in this study. A center of attention is vital to the service related business and it is fundamental for an association to survive the opposition, receive societal acknowledgment and have the capacity to accomplish its objectives (Natalisa & Subroto, 2003). Additionally, the telecommunication industry has assumed an essential part of the worldwide economy, particularly serving as a real part in the IT business and is crucial to the operation of international businesses (Tiernan, Rhoades, & Jr, 2008). European Journal of Management and Marketing Studies - Volume 2 │ Issue 3 │ 2017 116 S. M. Ferdous Azam, Khondaker Sazzadul Karim FACTORS INFLUENCING CUSTOMERS’ SATISFACTION ON BANGLADESHI TELECOMMUNICATION SERVICE PROVIDERS Economically developing societies like Bangladesh are legitimately referred to as consumption societies. Therefore, the knowledge of consumer behavior can enhance our understanding of our environment and ourselves. However, this study presented an important investigation on a topic that has been relatively neglected by the academic literature in spite of its great importance and relevance to businesses and organizations in general. Unfortunately, most of the company would try to make relatively simple, linear, due to the limitation of written communication. Above all, the consumers’ level of satisfaction toward the mobile phone operators can be used to predict consumer characteristics, pricing, and to serve as a basis of market segmentation, which requires a quantitative measurement of the consumer responses to various dimensions. Very few studies have been carried out to find out the process by which these satisfactions are formed in this industry, where this particular study will be related to the comparison of consumer satisfaction towards local and international mobile service providers in Bangladesh (Uddin, & Akhter, 2012). Thus, the purpose of this study is to determine the factors influencing customer satisfaction toward local and foreign telecommunication industries in Bangladesh. The aim of the study is to identify the factors and the level of their influences over customer satisfaction. This research is aimed to investigate the antecedents that cause customer satisfaction in the telecommunications industry, for example, in the product, price, quality, company image, brand image, etc. For viewing / downloading the full article, please access the following link: https://oapub.org/soc/index.php/EJMMS/article/view/237 . European Journal of Management and Marketing Studies - Volume 2 │ Issue 3 │ 2017 117