Summary of the results after factor, reliability and validity analysis
| Items | Factor loads | t-value |
|---|---|---|
| Market orientation (CR = 0.91; AVE = 0.72) | ||
| Intelligence generation (α = 0.795; CR = 0.84; AVE = 0.58) | 0.816 | 11.888* |
| GEN1: We regularly analyse the factors that influence customer satisfaction | 0.686 | Fixed |
| GEN2: We regularly analyse the improvement in our employees’ satisfaction and compare it with their performance | 0.693 | 12.828* |
| GEN3: We quickly detect the changes that occur in our commercial environment | 0.702 | 11.003* |
| GEN4: It is just as important for us to achieve marketing objectives (customer satisfaction and loyalty, service quality) as it is to meet our financial targets | 0.926 | 16.350* |
| Intelligence dissemination (α = 0.878; CR = 0.89; AVE = 0.68) | 0.853 | 16.661* |
| DIS1: Our firm’s mission is reflected and implemented in our plans and interventions addressing customer satisfaction | 0.778 | Fixed |
| DIS2: Customer satisfaction and quality improvement are regularly dealt with in our meetings | 0.739 | 14.823* |
| DIS3: Our targets include specific customer satisfaction and quality improvement objectives | 0.817 | 18.771* |
| DIS4: We inform about possible future changes in an integrated, logical and objective way, including any possible disadvantages associated with the change and by exploring our employees’ opinions | 0.939 | 20.005* |
| Responsiveness (α = 0.772; CR = 0.79; AVE = 0.56) | 0.902 | 13.566* |
| RES1: We demonstrate our interest in building a closer relationship with customers through a range of actions (such as responding personally to their questions) | 0.673 | Fixed |
| RES2: We have a structured system for the continued improvement of customer satisfaction and service quality (surveys, customer complaint and relations management, etc.) | 0.701 | 10.695* |
| RES3: We are ready to face new challenges and learn new skills | Deleted | |
| RES4: We analyse our main functions to optimise them and minimise their failure rate | 0.861 | 16.435* |
| Marketing culture (α = 0.806; CR = 0.83; AVE = 0.63) | 0.830 | 13.867* |
| CUL1: We reward our branch personnel for their contributions to customer satisfaction and for improving service quality | 0.735 | Fixed |
| CUL2: We have sufficient authority and information to take decisions flexibly | 0.750 | 16.369* |
| CUL3: We have the capability to implement innovations without the need for numerous rounds of approval at different levels in the hierarchy | Deleted | |
| CUL4: The flexible interpretation of the work procedures, norms and policies are not regarded as a problem in our branch | 0.884 | 16.672* |
| Customer satisfaction (α = 0.959; CR = 0.96; AVE = 0.83) | ||
| SAT1: My expectations have been met | 0.918 | 27.518* |
| SAT2: I am satisfied with the value for money offered | 0.870 | 21.249* |
| SAT3: I am satisfied with the service I have received | 0.905 | 22.030* |
| SAT4: I am satisfied with the company | 0.908 | 27.164* |
| SAT5: In general I am really satisfied | 0.944 | 27.965* |
| Customer self-brand connection (α = 0.960; CR = 0.96; AVE = 0.86) | ||
| SEL1: My bank reflects who I am | 0.911 | 25.970* |
| SEL2: I can identify with my bank | 0.942 | 25.804* |
| SEL3: I feel a personal connection with my bank | 0.927 | 26.988* |
| SEL4: My bank matches my personality | 0.928 | 25.525* |
| Customer emotions during the service (CR = 0.79; AVE = 0.65) | ||
| Pleasure (α = 0.929; CR = 0.93; AVE = 0.69) | 0.842 | 17.460* |
| PLE1: Angry/Glad | 0.842 | Fixed |
| PLE2: Sad/Cheerful | 0.887 | 29.017* |
| PLE3: Unhappy/Happy | 0.899 | 27.465* |
| PLE4: Dissatisfied/Satisfied | 0.851 | 22.065* |
| PLE5: Disappointed/Excited | 0.805 | 18.137* |
| PLE6: Annoyed/Pleased | 0.695 | 14.818* |
| Arousal (α = 0.924; CR = 0.93; AVE = 0.81) | 0.771 | 11.240* |
| ARO7: Indifferent/Unexpected | 0.817 | Fixed |
| ARO8: Not amazed at all/Very amazed | 0.943 | 20.665* |
| ARO9: Not fascinated at all/Very fascinated | 0.936 | 18.836* |
| Customer engagement (α = 0.928; CR = 0.93; AVE = 0.77) | ||
| ENG1: I feel valued in my interactions with the branch | 0.815 | 20.201* |
| ENG2: I feel as though I have a personal relationship with my branch | 0.912 | 25.611* |
| ENG3: I consider that people in my branch are concerned about me as a person | 0.900 | 26.070* |
| ENG4: I feel an emotional link with my branch | 0.882 | 22.812* |
| Customer attitudinal loyalty (α = 0.953; CR = 0.95; AVE = 0.84) | ||
| LOY1: I try to visit my usual branch every time I need financial services | 0.916 | 26.294* |
| LOY2: I will try to continue with my usual branch in the coming years | 0.922 | 26.883* |
| LOY3: I will encourage my relatives and friends to become customers at this branch | Deleted | |
| LOY4: As long as I continue to be treated in the same way I do not expect I will change my bank branch | 0.902 | 23.765* |
| LOY5: When I need a financial service I will come to this branch | 0.921 | 26.419* |
| Items | Factor loads | |
|---|---|---|
| Intelligence generation ( | 0.816 | 11.888 |
| GEN1: We regularly analyse the factors that influence customer satisfaction | 0.686 | Fixed |
| GEN2: We regularly analyse the improvement in our employees’ satisfaction and compare it with their performance | 0.693 | 12.828 |
| GEN3: We quickly detect the changes that occur in our commercial environment | 0.702 | 11.003 |
| GEN4: It is just as important for us to achieve marketing objectives (customer satisfaction and loyalty, service quality) as it is to meet our financial targets | 0.926 | 16.350 |
| Intelligence dissemination ( | 0.853 | 16.661 |
| DIS1: Our firm’s mission is reflected and implemented in our plans and interventions addressing customer satisfaction | 0.778 | Fixed |
| DIS2: Customer satisfaction and quality improvement are regularly dealt with in our meetings | 0.739 | 14.823 |
| DIS3: Our targets include specific customer satisfaction and quality improvement objectives | 0.817 | 18.771 |
| DIS4: We inform about possible future changes in an integrated, logical and objective way, including any possible disadvantages associated with the change and by exploring our employees’ opinions | 0.939 | 20.005 |
| Responsiveness ( | 0.902 | 13.566 |
| RES1: We demonstrate our interest in building a closer relationship with customers through a range of actions (such as responding personally to their questions) | 0.673 | Fixed |
| RES2: We have a structured system for the continued improvement of customer satisfaction and service quality (surveys, customer complaint and relations management, etc.) | 0.701 | 10.695 |
| RES3: We are ready to face new challenges and learn new skills | Deleted | |
| RES4: We analyse our main functions to optimise them and minimise their failure rate | 0.861 | 16.435 |
| Marketing culture ( | 0.830 | 13.867 |
| CUL1: We reward our branch personnel for their contributions to customer satisfaction and for improving service quality | 0.735 | Fixed |
| CUL2: We have sufficient authority and information to take decisions flexibly | 0.750 | 16.369 |
| CUL3: We have the capability to implement innovations without the need for numerous rounds of approval at different levels in the hierarchy | Deleted | |
| CUL4: The flexible interpretation of the work procedures, norms and policies are not regarded as a problem in our branch | 0.884 | 16.672 |
| SAT1: My expectations have been met | 0.918 | 27.518 |
| SAT2: I am satisfied with the value for money offered | 0.870 | 21.249 |
| SAT3: I am satisfied with the service I have received | 0.905 | 22.030 |
| SAT4: I am satisfied with the company | 0.908 | 27.164 |
| SAT5: In general I am really satisfied | 0.944 | 27.965 |
| SEL1: My bank reflects who I am | 0.911 | 25.970 |
| SEL2: I can identify with my bank | 0.942 | 25.804 |
| SEL3: I feel a personal connection with my bank | 0.927 | 26.988 |
| SEL4: My bank matches my personality | 0.928 | 25.525 |
| Customer emotions during the service (CR = 0.79; AVE = 0.65) | ||
| 0.842 | 17.460 | |
| PLE1: Angry/Glad | 0.842 | Fixed |
| PLE2: Sad/Cheerful | 0.887 | 29.017 |
| PLE3: Unhappy/Happy | 0.899 | 27.465 |
| PLE4: Dissatisfied/Satisfied | 0.851 | 22.065 |
| PLE5: Disappointed/Excited | 0.805 | 18.137 |
| PLE6: Annoyed/Pleased | 0.695 | 14.818 |
| Arousal ( | 0.771 | 11.240 |
| ARO7: Indifferent/Unexpected | 0.817 | Fixed |
| ARO8: Not amazed at all/Very amazed | 0.943 | 20.665 |
| ARO9: Not fascinated at all/Very fascinated | 0.936 | 18.836 |
| ENG1: I feel valued in my interactions with the branch | 0.815 | 20.201 |
| ENG2: I feel as though I have a personal relationship with my branch | 0.912 | 25.611 |
| ENG3: I consider that people in my branch are concerned about me as a person | 0.900 | 26.070 |
| ENG4: I feel an emotional link with my branch | 0.882 | 22.812 |
| LOY1: I try to visit my usual branch every time I need financial services | 0.916 | 26.294 |
| LOY2: I will try to continue with my usual branch in the coming years | 0.922 | 26.883 |
| LOY3: I will encourage my relatives and friends to become customers at this branch | Deleted | |
| LOY4: As long as I continue to be treated in the same way I do not expect I will change my bank branch | 0.902 | 23.765 |
| LOY5: When I need a financial service I will come to this branch | 0.921 | 26.419 |
Notes:
Fit of the model: χ2=1018.241, df = 571, χ2/df = 1.783; NFI = 0.945; NNFI = 0.965; IFI = 0.975; CFI= 0.975; RMSEA = 0.042;
p < 0.01
Sharing content requires targeting cookies to be enabled. Please update your cookie preferences to use this feature.