| dc.description.abstract |
The banking industry in Ethiopia is highly competitive, so banks must consider various
strategic options and plans to survive and develop. One of the strategies is social media marketing
strategies. The aim of social media marketing is building an online community, informing current
customers, acquiring a new customer, and sharing promotion campaign are the most common
goals of organization achieved through the most common social media platform used by the
organization, including; Facebook, YouTube, LinkedIn, and Twitter. This study was aimed at
investigating the impact of social media marketing activities variables of brand exposure,
brand engagement, and E-WOM(Positive) on customer loyalty intention; and it has also identified
the mediating role of brand awareness in the relationship between social media marketing
activities and customer loyalty intention in the bank of Abyssinia in Bahr Dar city. The
study employed an explanatory research design and used a quantitative approach. A
structured questionnaire with a five-point Likert scale was used to collect the data from
the customers, which was distributed to 350 respondents for bank of Abyssinia customers, and out
of these, 318 were used for this analysis. Structural equation modeling was used to examine the
measurement model and structural model. Descriptive statistics were analyzed using SPSS, and
path analyses were computed using AMOS. The bootstrapping method was used in AMOS to
analyze the mediating effect of brand awareness. The results of path analysis show that brand
exposure and brand engagement have a direct and significant effect on customer loyalty intention,
but E-WOM has an insignificant direct effect on customer loyalty. And also brand exposure, brand
engagement, and E-WOM have a positive and significant effect on customer loyalty intention
through brand awareness. Furthermore, brand awareness mediated the relationship
between social media marketing activities and customer loyalty intention. This study recommended
that bank of Abyssinia and others bank shall invest more in social media marketing strategies to
communicate, attract, build relationships with customers and maintain them loyal. |
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