Submit your papersSubmit Now
For Enquiries: [email protected]
IIARD LogoIIARD

Influence of Transaction Convenience and Repeat Purchase of Independent Retail Petroleum Marketing firms in Port Harcourt Metropolis.

Jaja, Happiness Peters Owuso, Stephen Monima

Abstract

The main purpose of this study was to examine the relationship between retail convenience and customer patronage of independent petroleum marketers in Port Harcourt. This research adopts the cross-sectional survey research design which offers a wide coverage and permits generalization of research findings. The population of this study consists of the four hundred and fifty (450) registered independent petroleum marketers in Rivers State (IPMAN Journal, 2014). The sample size of two hundred and twelv e (212) was determined using the Taro Yamane (1967) formula. The analysis involved in the use of central tendencies and measures of dispersion in the assessment of the characteristics of each variable. Analysis on the relationship between variables was carried out at a 95% confidence interval and a 0.05 level of significance, with the Spearman’s rank order correlation used in testing the hypotheses. The study concludes that a significant relationship exists between retail convenience and customer patronage of independent retail petroleum marketers in Port Harcourt. The study therefore recommends that independent petroleum marketers should be considering transaction convenience of their firm before choosing a location so as to have a competitive advantage over competitors in the industry. Also, it is further recommended that transaction convenience to products from retail independent petroleum marketers by customers should be made as seamless as possible in order to add value to the customer purchase experience.

Keywords

Retail convenienceAccess convenience Transaction conveniencecustomer patronageindependents retail petroleum marketing firms

References

Adiele, K. C., & Opara, B. C. (2014). Physical architecture and customer patronage of banks in Nigeria: An empirical study. African Journal of Marketing Management, 6 (8), 110-116. Beauchamp, M. B. (2010). Perceptions of retail convenience for in-store and online shoppers. The Marketing Management Journal, 20 (1), 49-65. Berry, L., Seiders, K., & Grewal, D. (2017). Understanding service convenience. Journal of Marketing, 16(3), 1-17. Bhattacherjee, A. (2012). Social Science Research: Principles, Methods, and Practices. Parana: Scientific Publisher. Colwell, S. R., Aung, M., Kanetkar, V., & Holden, A. L. (2017). Toward a measure of service convenience: multiple-item scale development and empirical test. Journal of Services Marketing, 22(2), 160-169. Das Nair, R. (2015). The implications of the growth of supermarket chains in southern Africa on competitive rivalry. The competition commission and competition tribunal’s 9th annual conference on competition law economics and policy. South Africa: Research Gate. Dai, H., & Salam, A. F. (2014). Does service convenience matter? An empirical assessment of service quality, service convenience and exchange relationship in electronic mediated environment. Electronic Markets, 24(4), 269-284 Darlington, C. C. (2020). Transaction Convenience and Customer Patronage of Deposit Money Banks in Port Harcourt. International Journal of Business & Entrepreneurship Research, 13(1), 64-78. Ezenta, O. N., & Osagie, L. U. (2020). Service convenience and customer patronage of government owned hospitals in Abia State, Nigeria. British Journal of Marketing Studies, 8(5), 65-83. Grewal, D., & Levy, M. (2018). Marketing. McGraw-Hill/Irwin. Hang, Y., & Polonsky, M. (2016). The influence of multiple types of service convenience on behavioural intensions: The mediating role of consumer satisfaction in a Taiwanere Leisure setting. International Journal of hospitality management, 31(31), 107-118. Householder, B. J., & Greene, K. L. (2020, July 20). The theory of reasoned action. Retrieved from Wikipedia the free encyclopaedia: www.wikipedia.com Kotler, P., & Keller, K. (2012). Marketing Management. Illinois: Pearson Education. Mylonakis, J. (2019). Customer relationship management functions: a survey of Greek Bank Customer Satisfaction Perceptions. The IUP Journal of Bank Management, IUP, 0(2), 7- 31. Najmi, A., & Mehmood, S. M. (2017). Understanding the Impact of Service Convenience on Customer Satisfaction in Home Delivery: Evidence from Pakistan. International Journal of Electronic Customer Relationship Management, 1-45. Ogwo, E. O., & Onuoha, A. O. (2013). The imperative of marketing in the management of deregulation: A study of the Nigerian downstream oil sector. Asian Journal of Management of Science and Education, 2(3), 1-10. Popal, R., & Bedi, S. S. (2015). Impact of Hospital services on outpatient satisfaction. International journal of research in business management, 2(4), 37-4 Seiders, K., Berry, L. L., & Gresham, L. G. (2017). Attention, Retailers! How convenient is your Convenience Strategy? Sloan Management Review, 41(3), 79-89.

More Articles from INTERNATIONAL JOURNAL OF SOCIAL SCIENCES AND MANAGEMENT RESEARCH

Building National Analytics Capacity: Advances and Future Pathways

Author: Uchechi Mary-Linda Unamma, Ifeanyichukwu Jeffrey Okwesa, Uzoamaka Iwuanyanwu

Root-Cause and Thematic Analysis for Major Incident Management: A Review

Author: Ifeanyichukwu Jeffrey Okwesa, Uchechi Mary-Linda Unamma, Uzoamaka Iwuanyanwu

Data-Quality and Single-Source-Of-Truth Frameworks for Inter- Agency Reporting: A Review

Author: Uchechi Mary-Linda Unamma, Ifeanyichukwu Jeffrey Okwesa, Uzoamaka Iwuanyanwu

Human-In-The-Loop Decision Systems: Advances and Future Directions

Author: Funmilayo Ashore-Onisemo, Uchechi Mary-Linda Unamma, Ifeanyichukwu Jeffrey, Okwesa,

Roles of Oil Subsidy Removal on Transportation Cost and Water Factory in Cross River South, Nigeria

Author: Onwuzurike Peter Tobechi, Owoh Akwa Owoh, Unoh Grace Inyang, Umaru Musa