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The effects of firm’s innovation on customer’s loyalty: A case study of Saigon COOP

Author

Listed:
  • Bui Quang Hung

    (University of Economics Ho Chi Minh City, Vietnam)

  • Trinh Thuy Anh

    (Ho Chi Minh City Open University, Vietnam)

  • Nguyen Thi Thu Thao

    (Ho Chi Minh City Open University, Vietnam)

  • Nguyen Pham Kien Minh

    (Ho Chi Minh City Open University, Vietnam)

Abstract

Identifying how the innovation affects the customer’s loyalty via the consumer perceived value and customer satisfactions from products or services provided by the Coopmart Retailers System in Ho Chi Minh City, Vietnam is the purpose of this search. This research also draws some suggestions for the firm’s future development. The research was conducted through 2 phases: a qualitative pilot study and quantitative analysis. The pilot study was conducted with 5 people who are working in Coopmart as department heads, deputy heads, and managers with at least 10 years’ experience. The qualitative survey will be distributed in the Ho Chi Minh City Coopmart system’s customers with member cards where 291 valid surveys were qualified for further analysis. This research’s insight is the impacts of innovation on the consumer perceived value, which has few focuses from previous studies. The outcome of the research has shown different aspects of the innovation to the consumer perceived value and customer satisfactions.

Suggested Citation

  • Bui Quang Hung & Trinh Thuy Anh & Nguyen Thi Thu Thao & Nguyen Pham Kien Minh, 2020. "The effects of firm’s innovation on customer’s loyalty: A case study of Saigon COOP," HO CHI MINH CITY OPEN UNIVERSITY JOURNAL OF SCIENCE - ECONOMICS AND BUSINESS ADMINISTRATION, HO CHI MINH CITY OPEN UNIVERSITY JOURNAL OF SCIENCE, HO CHI MINH CITY OPEN UNIVERSITY, vol. 10(1), pages 82-100.
    • Handle: RePEc:bjw:econen:v:10:y:2020:i:1:p:82-100
    DOI: 10.46223/HCMCOUJS.econ.en.10.1.222.2020
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    References listed on IDEAS

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    2. K. Jöreskog, 1971. "Simultaneous factor analysis in several populations," Psychometrika, Springer;The Psychometric Society, vol. 36(4), pages 409-426, December.
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