6533b872fe1ef96bd12d389e

RESEARCH PRODUCT

Using Factor Analysis in Relationship Marketing

Luigi DumitrescuSimona VinereanMihai ŢIchindelean

subject

media_common.quotation_subjectGeneral EngineeringEnergy Engineering and Power TechnologyCognitionrelationship marketingLoyalty business modelVariable (computer science)Psycheconative loyaltyfactor analysis.Factor (programming language)LoyaltyMarketingDimension (data warehouse)PsychologyRelationship marketingcomputerCognitive psychologycomputer.programming_languagemedia_common

description

Abstract The purpose of the paper is to present a detailed application of the factor analysis technique within the domain of relationship marketing. A comprehensive literature review is undertaken regarding the concept of customer loyalty – an important variable of relationship marketing. Loyalty is defined by its two dimensions – behavioral and attitudinal; the second dimension is understood through the three components of the human psyche: affective, cognitive and conative. Conative Loyalty is measured through four items which are statistically and semantically reduced to two items without a heavy loss of information.

10.1016/s2212-5671(13)00164-0http://dx.doi.org/10.1016/s2212-5671(13)00164-0