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Determining Consumer Choice Criteria In Bank Selection: A Research In Bursa

Author

Listed:
  • Cagatan Taskin
  • Omer Akat
  • Zuheyla Erol

    () (Uludag University
    Uludag University
    Uludag University)

Abstract

Services industry is a fast developing industry in Turkey that consists of many industries one of which is banking. Recently, consumer behaviour concept has gained importance in banking industry. The development of information technologies and the increased wants of bank consumers have caused to more severe competition in banking industry. That’s why, banks started to be consumer-oriented and to adopt modern marketing. Banks should examine their consumers’ buying behaviour, profiles and the factors that are effective in consumers’ bank choice. According to analysis results, banks should decide on the marketing strategies which they can use. This paper covers the research of a subject which was not handled sufficiently especially in the domestic literature. In this study, the aim is therefore to determine the most important factors which are affecting in bank choice decision of consumers and to extract useful information for the banks’ marketing strategies.

Suggested Citation

  • Cagatan Taskin & Omer Akat & Zuheyla Erol, 2010. "Determining Consumer Choice Criteria In Bank Selection: A Research In Bursa," Anadolu University Journal of Social Sciences, Anadolu University, vol. 10(3), pages 11-22, September.
  • Handle: RePEc:and:journl:v:10:y:2010:i:3:p:11-22
    as

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    File URL: http://www.anadolu.edu.tr/arastirma/hakemli_dergiler/sosyal_bilimler/pdf/2010-3/2010_03_02.pdf
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    References listed on IDEAS

    as
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    3. Richard Blundell & Alan Duncan & Costas Meghir, 1998. "Estimating Labor Supply Responses Using Tax Reforms," Econometrica, Econometric Society, vol. 66(4), pages 827-862, July.
    4. George C. Tsibouris & Vito Tanzi, 2000. "Fiscal Reform Over Ten Years of Transition," IMF Working Papers 00/113, International Monetary Fund.
    5. Blomquist, N. Soren, 1983. "The effect of income taxation on the labor supply of married men in Sweden," Journal of Public Economics, Elsevier, vol. 22(2), pages 169-197, November.
    6. D. Tondani, 2006. "Estimating the effects of personal income tax on labour supply in Italy," Economics Department Working Papers 2006-EP03, Department of Economics, Parma University (Italy).
    7. Alena Bièáková & Jiøí Slaèálek & Michal Slavík, 2011. "Labor Supply after Transition: Evidence from the Czech Republic," Czech Journal of Economics and Finance (Finance a uver), Charles University Prague, Faculty of Social Sciences, vol. 61(4), pages 327-347, August.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Banking; Consumer Behaviour; Marketing Strategies; Bursa.;

    JEL classification:

    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General
    • M30 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Marketing and Advertising - - - General
    • M31 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Marketing and Advertising - - - Marketing

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