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Examining the Relationship between Service Remedy and Customer Satisfaction: A Study of Hainan Province Real Estate Enterprises

Author

Listed:
  • Li Qinwei

    (Asia Metropolitan University (AMU), Malaysia.)

Abstract

This research paper investigates how service remedies affect customer satisfaction and competitiveness of real estate companies in Hainan Province under the internet environment. Service failures are inevitable, and the study suggests that real estate service enterprises should implement appropriate measures and strategies to remedy these failures. The study proposes a model that links service remedies and customer satisfaction based on fairness theory. The study further divides service remedies into three categories: material, spiritual, and information remedies. The study also adds the dimension of informational justice to the basis of distribution, interaction, and procedural justice, and suggests that service failure attribution can moderate the relationship between service remedy and perceived justice. The study collected data through a professional questionnaire website, implemented surveys, and tested the model and hypotheses using factor analysis and structural equation modeling. Based on the study's conclusions, management suggestions for real estate service enterprises in Hainan Province are proposed to enhance their competitiveness and performance in the real estate industry.

Suggested Citation

  • Li Qinwei, 2023. "Examining the Relationship between Service Remedy and Customer Satisfaction: A Study of Hainan Province Real Estate Enterprises," International Journal of Science and Business, IJSAB International, vol. 24(1), pages 16-28.
    • Handle: RePEc:aif:journl:v:24:y:2023:i:1:p:16-28
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    References listed on IDEAS

    as
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    2. Peng Sun, 2022. "A Review of the Business Culture Differences between Canada and China," Journal of Scientific Reports, IJSAB International, vol. 4(1), pages 13-22.
    3. Folkes, Valerie S, 1984. "Consumer Reactions to Product Failure: An Attributional Approach," Journal of Consumer Research, Journal of Consumer Research Inc., vol. 10(4), pages 398-409, March.
    4. Ajzen, Icek, 1991. "The theory of planned behavior," Organizational Behavior and Human Decision Processes, Elsevier, vol. 50(2), pages 179-211, December.
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