PurposeThe purpose of this paper is to investigate the role of Web 2.0 and social media in relationship marketing (RM) in banking. The aim is to understand why some banks resist the Web 2.0 trend, how this is aligned with their RM approaches and what the alternative paths for advancing customer relations could be. The paper focuses on the practices of banks in the less‐researched yet dynamically evolving South East European (SEE) region.Design/methodology/approachA qualitative case study approach was employed for this study. In total, three case studies were constructed, describing practices and RM approaches of retail banks in SEE. Data used for the construct of case studies were collected through in‐depth interviews with top management, documentation and banks’ official web sites.FindingsPrimary reasons for refraining from social media included: low customer demand for such form of interaction with banks; concerns over safety of Web 2.0 for banking; and lack of alignment with current RM strategies. While social media were not discarded for the future, they were deemed more appropriate for smaller or younger banks seeking innovative ways to capture market share.Practical implicationsThe paper identifies requirements for the adoption of social media in bank marketing and offers insights on possible alternative RM strategies that combine electronic channels with a personal approach to banking.Originality/valueCase studies offer insights on marketing practices of banks in the SEE region. The paper unveils challenges banks encounter in their RM efforts and their vision of the future of RM in a contemporary online setting.
Purpose – In this paper the authors present a study that uses Twitter to identify critical elements of customer service in the airline industry. The goal of the study was to uncover customer opinions about services by monitoring and analyzing public Twitter commentaries. The purpose of this paper is to identify elements of customer service that provide positive experiences to customers as well as to identify service processed and features that require further improvements. Design/methodology/approach – The authors employed the approach of sentiment analysis as part of the netnography study. The authors processed 67,953 publicly shared tweets to identify customer sentiments about services of four airline companies. Sentiment analysis was conducted using the lexicon approach and vector-space model for assessing the polarity of Twitter posts. Findings – By analyzing Twitter posts for their sentiment polarity the authors were able to identify areas of customer service that caused customer satisfaction, dissatisfaction as well as delight. Positive sentiments were linked mostly to online and mobile check-in services, favorable prices, and flight experiences. Negative sentiments revealed problems with usability of companies’ web sites, flight delays and lost luggage. Evidence of delightful experiences was recorded among services provided in airport lounges. Originality/value – Paper demonstrates how sentiment analysis of Twitter feeds can be used in research on customer service experiences, as an alternative to Kano and SERVQUAL models.
Purpose -The purpose of this paper is to discuss the role of qualitative research in marketing and the challenges faced by researchers in justifying the need and the quality of interpretive research. The paper reviews the fluctuating trends in employing qualitative research to build marketing theories, and touches on the subject of paradigm shift in research approaches in marketing. It further reviews main rhetorical and practical challenges researchers face in qualitative inquiry in marketing. Design/methodology/approach -This is a conceptual paper discussing the role of qualitative research in marketing discipline and its challenges. Findings -One of the main topics discussed in this paper is understanding the nature of qualitative research and its inherent weaknesses and how to overcome them. Some of the challenges highlighted in the paper include: contextually embedded findings, vague standards for data analysis, presentation of voluminous amount of qualitative data and theoretical criteria for judging the quality of studies. Insights from real-life experiences in conducing qualitative research in bank marketing reveal practical issues such as participant recruitment and engagement, ethical soundness, triangulation, and perpetual assurance of research quality. Originality/value -The paper provides personal commentaries on the experiences of a researcher in conducting purely qualitative academic study in marketing. It offers insights into practical difficulties encountered when performing qualitative studies and offers a glimpse into solutions and alternatives incorporated by the researcher, which could be of use to aspiring marketing researchers.
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