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Dynamic Customer Satisfaction and Measure of Trajectories: A Banking Case

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Analysis and Modeling of Complex Data in Behavioral and Social Sciences

Abstract

The most important company asset seems to be Customer Satisfaction (CS), which banks, in the recent years, have frequently analyzed. For reaching such target, a dynamic Factor Analysis offers an effective way of merging information about clients and their preferences evolution. In our work we performed a dynamic Customer Satisfaction study, by means of a three-way factorial analysis, and we also introduced a new index of shift and shape (SSI), to synthesize information about every customer, cluster or typology. We considered a national bank case, with spread network, evaluating results provided by a questionnaire framed according to the SERVQUAL model. The information employed was obtained via a Customer Satisfaction survey repeated three times (waves). We performed the dynamic factorial model and we illustrated the usage of SSI as a new measure of trajectories’ dissimilarity. Finally, we showed our results which highlight promising performances of our index.

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Notes

  1. 1.

    As Kroonenberg (2007) highlighted, a three-way array can be seen as composed of two-mode sub-matrices called slices, and of one-mode sub-matrices (or vectors), called fibers. These two-way sub-matrices will be referred to as frontal slices, horizontal slices, and lateral slices. In our case we composed the X (tall matrix) using the horizontal juxtaposition of the slices. We analyzed such X via a simple PCA which is a no weighted version of the STATIS method (Escoufier 1980).

  2. 2.

    Currently, in literature, two different ways to model a Likert scale are present: some refer to it as quantitative scale some as ordinal one. Based on Zani and Berzieri (2008) work we considered our data cardinal because it does not produce a substantial bias, therefore the 10-categories could be approximated to a 10 score

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Correspondence to Caterina Liberati .

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Liberati, C., Mariani, P. (2014). Dynamic Customer Satisfaction and Measure of Trajectories: A Banking Case. In: Vicari, D., Okada, A., Ragozini, G., Weihs, C. (eds) Analysis and Modeling of Complex Data in Behavioral and Social Sciences. Studies in Classification, Data Analysis, and Knowledge Organization. Springer, Cham. https://doi.org/10.1007/978-3-319-06692-9_20

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