Boosting customer value leads to higher retention rates in financial services
The study shows that customer satisfaction is crucial for businesses like Village Credit Institutions in Denpasar, Indonesia. By focusing on customer value and Customer Relationship Management, these institutions can improve customer retention. The research found that customer value significantly influences customer retention, and Customer Relationship Management plays a key role in this relationship. This means that by managing customer relationships effectively, Village Credit Institutions can keep their customers satisfied and loyal.