Evaluating the Impact of Marketing Communication Mix on Customer Satisfaction: The Mediating Role of Service Quality Delivery

Abstract

Customers are important stakeholders in the financial industry, and therefore management must place a high priority on their satisfaction. In this paper, we investigated the impact of marketing communication mix on customer satisfaction being mediated by service quality within the financial industry. Data was drawn from marketing and sales managers of financial institutions, non-financial institutions, and microfinance companies. A sample of 372 marketing and sales managers participated in this study from financial, non-financial, and microfinance institutions across the three business regions in Ghana. The study deployed the quantitative approach to achieve the objective set. Partial Least Square-Structural Equational Modeling version 3.3 was adopted in this study to analyze the data and its processing. Out of the eleven hypotheses formulated, seven of them were significant, while four were insignificant. According to the findings, firms with greater levels of marketing communication mix should employ this performance metric to attract and achieve high-quality customer satisfaction because customer satisfaction is critical to a company's success. To management, it set a ground for them as superintendents of businesses to tailor-make their products in line with the customers’ preferences and satisfaction. The limitations and future research directions are equally presented in the paper.

Local Events’ Marketing Mix Effect on Visit Intentions: Destination Image as a Mediator

“…Previous research mentioned that despite the evolution of many forms of the event marketing mix, its interaction with tourism destination image remains limited and needs further research (Jin & Cheng, 2020;Sobre Frimpong et al, 2023;Ziakas, 2019;Saura et al, 2023). Therefore additional research on the marketing mix of tourism events and their impact on the destination's image is required .…”