Title: Measuring the impact of customer satisfaction on business profitability: an empirical study
Authors: Dimitris Drosos; Michalis Skordoulis; Miltiadis Chalikias
Addresses: University of West Attica, 250 Thivon & Petrou Ralli, GR12244, Egaleo, Greece ' Democritus University of Thrace, 193 Pantazidou, GR68200, Orestiada, Greece ' University of West Attica, 250 Thivon & Petrou Ralli, GR12244, Egaleo, Greece
Abstract: According to many studies customer satisfaction is strongly correlated with business profitability. Thus, customer satisfaction has gained scholars' interest worldwide. Business profitability can derive from customer loyalty and an increasing market share. This paper aims to shed some light on the relationship between business profitability and customer satisfaction. Customer satisfaction data were collected from 6,968 mobile communications customers from Greece. Customer satisfaction was measured using the MUSA method, a multi-criteria analysis based on the principles of qualitative regression. The relationship between customer satisfaction and business profitability results has been analysed using correlation coefficients and regression models. The findings support a positive correlation between customer satisfaction and the constructs of business profitability.
Keywords: customer satisfaction; business profitability; multi-criteria analysis; mobile communications industry.
International Journal of Technology Marketing, 2019 Vol.13 No.2, pp.143 - 155
Received: 23 Apr 2018
Accepted: 06 May 2018
Published online: 13 Sep 2019 *