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Components of Brand Community and Brand Commitment (Banking Industry) PDF
Components of Brand Community and Brand Commitment (Banking Industry) PDF
Components of Brand Community and Brand Commitment (Banking Industry) PDF
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RESEARCH ARTICLE
International Journal of Current Life Sciences - Vol.4, Issue, 2, pp.281-286, February, 2014
Lowness of this value shows that the difference between the Testing the Hypotheses
research conceptual model and the data observed in the After investigation and confirmation of the model, research
research is slight. Also RMSEA=0.065 is smaller than 0.08. hypotheses were examined using Sobel test and with regard to
In addition to , as the value of RMSEA is lower, the
2
the model.
model has better appropriateness. Also the coefficients Table 7 Results of Sobel test
GFI=0.91, NFI=0.96, IFI=0.098, and CFI=0.98 are all larger Z Test S.E p Indirect Standard
than 0.9 . Therefore the model has acceptable appropriateness statistic Significance effect Indirect
and is confirmed. Now using the value of t-statistic and level effect
4.256 0.131 0.000 0.556 0.583
standard coefficient, we investigate the effect of independent
variable on dependent variable. Brand community identification affects brand community
Table 4 Model appropriateness commitment
indicators Values indicators Values
With regard to the fact that the absolute value of t-statistic is
2 126.48 AGFI 0.87
equal to 7.66 and is larger than 1.96, brand community
Degree of freedom 72 NFI 0.96 identification has a significant effect on brand community
2
in degree of
1.76 NNFI 0.98 commitment. Also the value of this effect is 0.81 and is
freedom positive.
RMSEA 0.065 IFI 0.98
GFI 0.91 CFI 0.98
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International Journal of Current Life Sciences - Vol.4, Issue, 2, pp.281-286, February, 2014
variable, and the value of its indirect effect is 0.583.
Therefore, brand community identification affects brand
commitment through brand community commitment. Hence,
the third hypothesis is also confirmed.
DISCUSSION AND CONCLUSION
Findings of this study suggest that identification of Mellat
customers’ club affects commitment to this club; in other
words, with an increase in brand community identification,
brand community commitment also increases. This result is in
agreement with that of the study by Mathwick et al [10]. Also
presence of a significant relationship between commitment to
Mellat club and commitment to the brand of Mellat shows
that an increase in brand community commitment leads to an
increase in customers’ commitment to the club. In previous
studies, researchers [16] also confirmed the relationship
between brand community commitment and brand
commitment. Results of testing the third hypothesis show that
the presence of a relationship between identification of Mellat
club and commitment to the brand of Mellat through
Fig 3 Model in state of significant numbers (t-value)
commitment to Mellat club is also confirmed. In other words,
H3: Brand community identification affects brand brand community identification has a significant relationship
commitment through brand community commitment with brand commitment through brand community
commitment.
According to Table 6., the amount of absolute value for path 1
is equal to 7.66 and is larger than 1.96. Therefore there is a Since the goal of managing customers’ relationships is to
significant relationship between brand community establish long-term relationships with them, maintaining and
identification and brand community commitment. On the developing these relationships are ways of achieving this
other hand, the absolute value of t-statistic for path2 is equal goal. Brand commitment is not established once; however,
to 5.27 and is larger than 1.96. when it is created in relationships with customers, it will last
for a long time. Brand commitment is one of the ways to form
loyalty to the brand and customer’s satisfaction. Therefore,
achievement and development of relational methods to
establish and stabilize brand commitment through
establishment of customers club are much significant for
companies and organizations. Therefore, bank managers are
recommended to try to increase customers’ commitment to
their club and brand by employing appropriate strategies and
policies. Also it is suggested to them to introduce loyal
customers every month on their website, and to present gifts
to them in seasonal festivals. Also the club must identify
customers with lower points and try to encourage them. It is
recommended that Mellat Bank should consider particular
advertisements for its customers club in presenting its new
services. Presentation of new banking services and the club
via other communities is also a good effort. Also treaties can
be signed to consider particular advantages for members of
other communities to encourage them to join Mellat club.
In future research, researchers must consider commitment to
customers club of Mellat Bank and investigate the factors that
Fig 4 Model in state of standard coefficients can lead to an increase to commitment to this club. Also
future research can be designed to study the functions of
Therefore, there is also a significant relationship between customers clubs in making the customers loyal and to
brand community commitment and brand commitment. In examine the role of the manager of Mellat club and
order to investigate the mediating role of the variable of brand management of relationships with customers. Even future
community commitment, Sobel test has been used, the results researchers are recommended to pay particular attention to
of which are presented in Table 7. According to data analysis complaining behavior of the members and their responses,
and with regard to the statistic of Sobel test (4.256) and the and present recommendations to community managers in
significance level (0.000) that is smaller than 0.05, also with respect with these issues.
regard to the fact that the direct relationship between brand
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