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Index of Paper Presentations for the Parallel Sessions - Academy of ...

Index of Paper Presentations for the Parallel Sessions - Academy of ...

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Modern retail is adopting a host <strong>of</strong> strategies to attract, hold, sell more and retain customers by carefullymanaging a positive shopping experience. There are enough evidences that retail customer experience has asignificant impact on retail sales, satisfaction, loyalty, pr<strong>of</strong>itability, word <strong>of</strong> mouth communication, and image<strong>for</strong>mation (Donovan and Rossiter, 1982; Lucas, 1999, Turley and Milliman, 2000; Wong and Sohal, 2006; Crosbyand Johnson, 2007; Verhoef et al., 2009). Growing competition, changing customer pr<strong>of</strong>ile and expectations,sophisticated design tools, advancement in technologies and <strong>the</strong> quest <strong>for</strong> excellence has trans<strong>for</strong>med <strong>the</strong> retailorientation from transaction to experience creation.The study provides insights into <strong>the</strong> nature, structure and description <strong>of</strong> retail customer experience which mayserve as an important basis <strong>for</strong> designing strategies by retailers. It has clearly emerged from <strong>the</strong> results that retailcustomer experience is a multidimensional construct incorporating four dimensions – joy, mood, leisure, anddistinctive. Retailers‘ ef<strong>for</strong>ts to create a holistic experience should be able to shape customers‘ perception along<strong>the</strong>se dimensions. Each <strong>of</strong> <strong>the</strong>se dimensions requires specific strategies and tools <strong>for</strong> <strong>the</strong>ir effective management.Modern retailing engages <strong>the</strong> customers by carefully crafting and delivering experiential benefits to <strong>the</strong>irshoppers. All <strong>the</strong> dimensions <strong>of</strong> retail customer experience incorporate elements <strong>of</strong> cognitive, emotional, sensorialand behavioural dimension to express customers‘ responses towards retail store operations. The present study hasbeen able to identify specific dimensions <strong>of</strong> retail customer experience on which customer responses can bemeasured to ascertain <strong>the</strong> impact <strong>of</strong> retail strategy.Contributions and Managerial Implications: Creating a unique pleasurable and memorable retail customerexperience has emerged as <strong>the</strong> most important strategy <strong>for</strong> achieving competitive advantage and sustaining retailper<strong>for</strong>mance. The present study makes an important contribution to <strong>the</strong> body <strong>of</strong> knowledge by developing a reliableand valid scale <strong>for</strong> measuring retail customer experience in brick and mortar stores. All <strong>the</strong> four dimensions alongwith <strong>the</strong>ir constituent items clearly describe <strong>the</strong> multidimensional nature <strong>of</strong> <strong>the</strong> construct suggesting directions <strong>for</strong>industry applications and future research.

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