Consumer Perceived Channel Value Drives Loyalty
The perceived value of marketing channels, influenced by specific channel features and customer co-creation, is a critical determinant of consumer loyalty.
Journal of Marketing Channels · 2019
Key Findings
- 01Perceived channel value is a critical factor in determining consumer loyalty.
- 02Seven important channel features positively influence perceived channel value.
- 03The relationship between perceived channel value and channel preference is strongly dependent on the level of customer value co-creation.
Application
Design takeaway
Focus on designing marketing channels that offer tangible benefits and opportunities for customer interaction to build perceived value and foster loyalty.
How to apply
Evaluate existing marketing channels by identifying the seven key features and assessing their contribution to perceived value. Implement initiatives that encourage customer participation and feedback within these channels.
Project actions
- 01When designing a product's distribution, think about how the customer will experience each channel.
- 02Consider how to make each touchpoint with the customer add value and encourage interaction.
Method & Evidence
Variables
Strengths & Limitations
Strengths
- +Provides a consumer-centric perspective on marketing channels.
- +Develops a theoretical foundation for understanding channel effectiveness.
Limitations
The study is theoretical, so real-world testing is needed. The importance of specific channel features might differ for various products or customer groups.
Reliability & validity
The theoretical nature of the framework means reliability and validity would need to be established through empirical testing of the proposed relationships.
Think critically
To what extent can a business control or influence a consumer's 'perceived channel value,' and what are the ethical considerations in manipulating this perception?
Design Principles
"Maximize perceived channel value through feature design and co-creation opportunities to cultivate customer loyalty."
Understanding how consumers perceive the value of different marketing channels is essential for businesses to design effective distribution strategies. By focusing on features that enhance perceived value and facilitating customer co-creation, companies can foster stronger customer relationships and improve loyalty.
What This Means for Your Design
If customers think a store or website is really good and easy to use, they'll stick with it. This is because of special things about the store/website and how much they can get involved with the brand.
How to use in your project
- 1.Use this research to justify the selection of specific marketing channels for a product design project, linking channel choice to expected consumer loyalty.
- 2.Incorporate the concept of perceived channel value when evaluating the effectiveness of different distribution strategies.
Add to My Project
Quick Cite
(2019). Consumer response to marketing channels: A demand-based approach. Journal of Marketing Channels. https://doi.org/10.1080/1046669x.2019.1657736 Retrieved from https://designdex.org/study/6b9f7376-db6f-49a1-82b1-50b79cca4aa5/consumer-perceived-channel-value-drives-loyalty
Paragraph starter
This research highlights that consumer loyalty is significantly influenced by their perceived value of marketing channels. By identifying and enhancing key channel features, and fostering customer value co-creation, designers can create more effective and preferred distribution strategies, ultimately driving repeat business.
Source
Journal of Marketing Channels
Consumer response to marketing channels: A demand-based approach
journal · 2019
View sourceQuestions about this research
- What does the research say about consumer perceived channel value drives loyalty?
- Focus on designing marketing channels that offer tangible benefits and opportunities for customer interaction to build perceived value and foster loyalty. Evidence: Journal of Marketing Channels (2019).
- Why does "Consumer Perceived Channel Value Drives Loyalty" matter for design?
- Understanding how consumers perceive the value of different marketing channels is essential for businesses to design effective distribution strategies. By focusing on features that enhance perceived value and facilitating customer co-creation, companies can foster stronger customer relationships and improve loyalty.
- How can designers apply this research?
- Focus on designing marketing channels that offer tangible benefits and opportunities for customer interaction to build perceived value and foster loyalty.
- What were the main findings?
- Perceived channel value is a critical factor in determining consumer loyalty.. Seven important channel features positively influence perceived channel value.. The relationship between perceived channel value and channel preference is strongly dependent on the level of customer value co-creation.
- What research method was used?
- Theoretical Framework Development.
- How strong is the evidence?
- Evidence strength is rated Strong effect, based on a 2019 journal from Journal of Marketing Channels.
- What should I do differently in my next project?
- Evaluate existing marketing channels by identifying the seven key features and assessing their contribution to perceived value. Implement initiatives that encourage customer participation and feedback within these channels.
- What are the limitations?
- The framework is theoretical and requires empirical validation. Specific channel features and their impact may vary across industries and consumer segments.
- Is there evidence that marketing channels affects design outcomes?
- Consumers are more likely to be loyal to brands if they perceive high value from the marketing channels used, and this perception is boosted by specific channel features and opportunities for customers to co-create value. Understanding how consumers perceive the value of different marketing channels is essential for bu Source: Journal of Marketing Channels (2019).
- Where does this value research apply?
- Marketing and Consumer Behavior It sits within innovation & markets research on designdex.org.
Related research topics
marketing channels design research · evidence on marketing channels · does marketing channels improve design outcomes · value studies for designers · marketing channels and value findings · innovation & markets research evidence