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304140

The Mediating Role of Customer Relationship Management between Social Media Marketing and a Bank’s Image: Evidence from Emerging Countries

Article

Last updated: 04 Jan 2025

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Tags

إدارة الأعمال

Abstract

The study tries to measure the mediating role of customer relationship management between social media usage and bank's image. The study used the survey method in seven emerging countries with five control variables. Questionnaires were sent out to a total of 421 participants in this qualitative study. In order to determine the additional contribution of customer relationship management as mediating variables in the relationship between social media marketing and a bank's image, a methodology known as Hierarchical Multiple Regression (HMR) was used. The study found that interpretation rate for changes in Bank's Image that results from Social Media Marketing is (50.5%), while this rate increased to (78.9%) when adding Customer Relationship Management. The study proposes a five-stage action plan to achieve maximum benefits. It includes: (A) Develop a comprehensive consumer relationship management (CRM) strategy; (B) Create an effective social media presence, (C) Develop content marketing strategies, (D) Monitor customer feedback, and (E) Measure results. finally, the study finds that the scope of future studies on social media is endless. There are many dimensions that academics and professionals must investigate, including attitude and behavioral patterns on social media platforms.

DOI

10.21608/jces.2023.304140

Keywords

Bank’s Image, CRM, social media

Authors

First Name

Osama

Last Name

Wagdi

MiddleName

-

Affiliation

Faculty of Management, Economics and Business Technology, Egyptian Russian University (ERU) ORCID ID: 0000-0003-0451-9726 Osamawagdi_ta@yahoo.com

Email

osamawagdi_ta@yahoo.com

City

-

Orcid

0000-0003-0451-9726

First Name

Said

Last Name

Sayed

MiddleName

-

Affiliation

Faculty of Business Administration, Nahda University and Media (NUB) ORCID ID: 0000-0003-3518-1860 said.shabban@nub.edu.eg

Email

said.shabban@nub.edu.eg

City

-

Orcid

-

First Name

Yasser

Last Name

El-Tayeb

MiddleName

-

Affiliation

Higher Institute for Managerial Sciences – Janaklees, El-Beheira yasser.eltayeb1979@gmail.com

Email

-

City

-

Orcid

-

Volume

14

Article Issue

2

Related Issue

41959

Issue Date

2023-04-01

Receive Date

2023-04-01

Publish Date

2023-04-01

Page Start

415

Page End

461

Print ISSN

2090-3782

Link

https://jces.journals.ekb.eg/article_304140.html

Detail API

https://jces.journals.ekb.eg/service?article_code=304140

Order

9

Type

المقالة الأصلية

Type Code

986

Publication Type

Journal

Publication Title

المجلة العلمية للدراسات التجارية والبيئية

Publication Link

https://jces.journals.ekb.eg/

MainTitle

The Mediating Role of Customer Relationship Management between Social Media Marketing and a Bank’s Image: Evidence from Emerging Countries

Details

Type

Article

Created At

24 Dec 2024