Samsung: Customer Loyalty Strategy in Malaysia and Colombia

Evelyn Henao Ruiz, Camilo Alberto Pérez Restrepo, Carolina Ardila Lopez, Kalaaivahnny A/P Jegathesan, Daisy Mui Hung Kee, Kamalaswari A/P Ganasan, Kalaaiveyhny A/P Jegathesan, Prasanthiney A/P Nageswara Rao

Abstract


Brand loyalty is one of the key elements of success in any organization, in the context of high international competition and consumer awareness. The objective of this research is to study the factors that affect customer’s loyalty towards Samsung over the long term and propose certain strategies to increase loyalty in Malaysia and Colombia. First, the company’s background is explained, followed by the research problem and the research method. By comparing these two markets, possible loyalty approaches that could be useful for each market were identified, taking into account that Samsung is the leading company in both countries, in terms of market share. Finally, concluding with the findings and limitations of the research.

Full Text:

PDF

References


Agence France-Presse (2016, September 16). Apple, Samsung Struggle in Face of Chinese Competition. Retrieved from Industry Week https://www.industryweek.com/technology -and-iiot/article/21981706/apple-samsung-struggle-in-face-of-chinese-competition

Anh, L., Quang T., & Thang N. (n.d.). Impacts of Customer Relationship Marketing to Marketing Performance. Retrieved from Word Press https://htqvn.wordpress.com/

Bangkok Post (2018, December 27). Samsung Handsets target three groups. Retrieved from The Bangkok Post https://www.bangkokpost.com/tech/1601270/samsung-handsetstarget-three-groups

Burkard, K. (2016, November 24). How Samsung Rewards Changes the Loyalty Landscapes. Retrieved from Smile.io https://blog.smile.io/how-samsung-rewards-changes-loyalty

Firnd Al R. (2015). Brand Awareness and Consumer Loyalty in Malaysia. International Business School, University Teknologi Malaysia. Retrieved from Research Gate https://www.researchgate.net/publication/282122584_Brand_Awareness_and_Consuer_Loyalty_in_Malaysia

Goodfellow J. (2019, June 11). Samsung is Asia's favorite brand for eighth year running. Retrieved from Campaign Asia. https://www.campaignasia.com/article/samsung-is-asias-favourite-brand-for-eighth-year-running/452082

Heisler Y. (2019, August 20). After all these years, iPhone owners are still more loyal to the brand than Android users. Retrieved from BGR https://bgr.com/2019/08/20/iphone-vs-samsung-upgrades-brand-loyalty/

Kim, R. B., & Chao, Y. (2018). The effect of country of origin on consumer-based brand equity (CBBE) of Colombian consumers: An empirical investigation of Samsung vs. Huawei brands. Retrieved from Journal of International Studies, 11(3), 70-81. https://www.jois.eu/files/6_484_Kim_Chao.pdf

Lee P. B., Imrie B.C., Grigorious N. (n.d). Factors Affecting Brand Loyalty Among Malaysian Consumers in theit Choice of Mobile Phone Brands. Retrieved from Springer. https://link.springer.com/content/pdf/10.1007%2F978-3-319-24184-5_37.pdf

Marketing Interactive (2015, February 13). Samsung’s aggressive play to triple loyalty base. Retrieved from Marketing Interactive https://www.marketing-interactive.com/samsung-aggressive-play-to-triple-loyalty-base

MartinRoll. (2017). Samsung – The Global Asian Brand, taken from MartinRoll, Business and Brand Leadership, retrieved from https://martinroll.com/resources/articles/marketing/ samsung-global-asian-brand/

Retail Asia (2020, March 3). Samsung’s new television ad promotes its 5G galaxy phones. Retrieved from Retail News Asia https://www.retailnews.asia/samsungs-new-television-ad-promotes-its-5g-galaxy-phones/

Samsung Newsroom (2018, May 24). Samsung Opens Its First Experience Center in Latin America. Retrieved from Samsung https://news.samsung.com/global/samsung-opens-its-first- experience-center-in-latin-america

Samsung Newsroom Colombia (2019, December). Samsung Colombia recognized as the company with the best customer service. Retrieved from Samsung https://news.samsung.com/co/samsung-colombia-reconocida-como-la-empresa-con-mejor-servicio-al-cliente

Samsung Newsroom Colombia (2019, October). "Connected living by Samsung", the new space in Bogota to learn about the concept of intelligent home. Retrieved from Samsung https://news.samsung.com/co/connected-living-de-samsung-el-nuevo-espacio-en-bogota-para-conocer-el-concepto-de-hogar-inteligente

Statcounter (2020). Mobile Vendor Market Share in Colombia. Retrieved from Statcounter https://gs.statcounter.com/vendor-market-share/mobile/colombia

Statcounter (2020). Mobile Vendor Market Share in South America. Retrieved from Statcounter https://gs.statcounter.com/vendor-market-share/mobile/south-america

Statcounter (2020). Mobile Vendor Market Share Malaysia. Retrieved from Statcounter https://gs.statcounter.com/vendor-market-share/mobile/malaysia

Valentine O. (2018, February 22). Brand Consideration and Loyalty Among Samsung Owners. Retrieved from Global Web Index https://blog.globalwebindex.com/chart-of-the-day/loyalty-samsung/




DOI: https://doi.org/10.32535/ijafap.v3i2.835

Refbacks

  • There are currently no refbacks.


Copyright (c) 2020 Evelyn Henao Ruiz, Camilo Alberto Pérez Restrepo, Carolina Ardila Lopez, Kalaaivahnny A/P Jegathesan, Daisy Mui Hung Kee, Kamalaswari A/P Ganasan, Kalaaiveyhny A/P Jegathesan, Prasanthiney A/P Nageswara Rao

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.

International Journal of Accounting and Finance in Asia Pacific (IJAFAP)

ISSN 2684-9763 (Print) | ISSN 2655-6502 (Online)

DOI Prefix: 10.32535 by CrossRef

Published by AIBPM Publisher

JL. Kahuripan No. 9, Hotel Sahid Montana, Malang, Indonesia

Email: adm.ijafap@gmail.com

Phone: +62 341 366222

Website: https://ejournal.aibpmjournals.com/index.php/IJAFAP

Governed by

Association of International Business and Professional Management

Email: admin@aibpm.org

Website: https://www.aibpm.org/

Indexed by

SINTA Garuda Google Scholar Dimensions Scilit ROAD Crossref Copernicus

Licensing Information

Creative Commons License
International Journal of Accounting and Finance in Asia Pacific (IJAFAP) is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.

Visitor Statistics

Flag Counter

Web Analytics

View IJAFAP Stats