Skip to main navigation menu Skip to main content Skip to site footer

Resistance to negative online information of bank brands from consumer attitudes

Abstract

The aim of this manuscript is to explain the incidence of cognitive and affective attitudes in the resistance to negative information circulating in the online environment about banks in Colombia. Information was collected from a sample of 282 bank users. The data were analyzed using IBM SPSS Statistics V.25 software. The cognitive attitude was measured from the service experience scales and the affective attitude considered the brand love items. The results suggest that both cognitive and affective dimensions promote resistance to negative information, however, it is the rational component that has a stronger positive effect compared to the emotional component. It is concluded that when consumers have positive experiences in service delivery, they are reluctant to the influence of negative comments that may diminish the bank's image.

Keywords

information sources;, online search;, information dissemination;, social media

PDF (Español) XML (Español)

Author Biography

María Cristina Otero-Gómez

Profesional en Comercio Internacional, Doctora en Marketing

Wilson Giraldo-Pérez

Administrador de Empresas, Doctor en Marketing


References

  1. Aaker, J., Fournier, S., & Brasel, A. (2004). When good brands do bad. Journal of Consumer Research, 31 (1), 1-16. https://doi.org/10.1086/383419 DOI: https://doi.org/10.1086/383419
  2. Akdim, K. (2021). The influence of eWOM. analyzing its characteristics and consequences, and future research lines. Spanish Journal of Marketing - ESIC, 25 (2), 239-259. http://dx.doi.org/10.1108/SJME-10-2020-0186
  3. Amatulli, C., De Angelis, M., Pino, G., & Jain, S. (2021). Consumer reactions to unsustainable luxury: A cross-country analysis. International Marketing Review, 38 (2), 412-452. http://dx.doi.org/10.1108/IMR-05-2019-0126 DOI: https://doi.org/10.1108/IMR-05-2019-0126
  4. Amegbe, H., Dzandu, M. D., & Hanu, C. (2021). The role of brand love on bank customers' perceptions of corporate social responsibility. International Journal of Bank Marketing, 39 (1), 189-208. https://doi.org/10.1108/IJBM-07-2020-0356 DOI: https://doi.org/10.1108/IJBM-07-2020-0356
  5. Andrade, L., Machado, T., Rodriguez, M., & Gonçalves, V. (2021). Study about the evaluation of internet banking and mobile banking users’ satisfaction in Brazil: Revista brasileira de marketing. REMark, 20 (1), 27-51. http://dx.doi.org/10.5585/remark.v20i1.14590 DOI: https://doi.org/10.5585/remark.v20i1.14590
  6. Bachleda, C., & Berrada-Fathi, B. (2016). Is negative eWOM more influential than negative pWOM? Journal of Service Theory and Practice, 26 (1), 109-132. http://dx.doi.org/10.1108/JSTP-11-2014-0254 DOI: https://doi.org/10.1108/JSTP-11-2014-0254
  7. Batra, R., Ahuvia, A., & Bagozzi, P. (2012). Brand Love. Journal of Marketing, 76, 1-16. https://doi.org/10.1509%2Fjm.09.0339 DOI: https://doi.org/10.1509/jm.09.0339
  8. Berry, L. (2000). Cultivating service brand equity. Journal of the Academy of Marketing Science, 28 (1), 128-137. https://doi.org/10.1177/0092070300281012 DOI: https://doi.org/10.1177/0092070300281012
  9. Bhattacharya, C. B., & Sen, S. (2003). Consumer–company identification: a framework for understanding consumers’ relationships with companies. Journal of Marketing, 67 (2), 76-88. https://doi.org/10.1509%2Fjmkg.67.2.76.18609 DOI: https://doi.org/10.1509/jmkg.67.2.76.18609
  10. Brown, J., & Reingen, P. (1987). Social ties and word-of-mouth referral behavior. Journal of Consumer Research, 14, 350-362. https://www.jstor.org/stable/2489496 DOI: https://doi.org/10.1086/209118
  11. Carroll, B. A., & Ahuvia, A. C. (2006). Some antecedents and outcomes of brand love. Marketing Letters, 17 (2), 79-89. https://doi.org/10.1007/s11002-006-4219-2 DOI: https://doi.org/10.1007/s11002-006-4219-2
  12. Eagly, A. H., & Chaiken, S. (1998). Attitude structure and function. In D. T. Gilbert, S. T. Fiske, y G. Lindzey (Eds.), The handbook of social psychology, 269–322. McGraw-Hill.
  13. Eisingerich, A. B., & Bell, S. J. (2008). Perceived service quality and customer trust: does enhancing customers’ service knowledge matter? Journal of Service Research, 10 (3), 256-268. https://doi.org/10.1177/1094670507310769 DOI: https://doi.org/10.1177/1094670507310769
  14. Eisingerich, A. B., Rubera, G. Seifert, M., & Bhardwaj, G. (2011). Doing good and doing better despite negative information?: the role of corporate social responsibility in consumer resistance to negative information. Journal of Service Research, 14 (1) 60-75. https://doi.org/10.1177%2F1094670510389164 DOI: https://doi.org/10.1177/1094670510389164
  15. Epstein, S. (1998). Cognitive-experiential self-theory: A dual-process personality theory with implications for diagnosis and psychotherapy. In R. F. Bornstein & J. M. Masling (Eds.), Empirical perspectives on the psychoanalytic unconscious, American Psychological Association 99-140. https://doi.org/10.1037/10256-004 DOI: https://doi.org/10.1037/10256-004
  16. Foroudi, P. (2019). Influence of brand signature, brand awareness, brand attitude, brand reputation on hotel industry’s brand performance. International Journal of Hospitality Management, 76, 271-285. https://doi.org/10.1016/j.ijhm.2018.05.016 DOI: https://doi.org/10.1016/j.ijhm.2018.05.016
  17. García, M., Herrero, M. A., & Martínez, P. (2021). Determinants of electronic word-of-mouth on social networking sites about negative news on CSR: JBE. Journal of Business Ethics, 171 (3), 583-597. http://dx.doi.org/10.1007/s10551-020-04466-9 DOI: https://doi.org/10.1007/s10551-020-04466-9
  18. Jain, R., Aagja, J., & Bagdare, S. (2017). Customer experience - a review and research agenda. Journal of Service Theory and Practice, 27 (3), 642-662. https://doi.org/10.1108/JSTP-03-2015-0064 DOI: https://doi.org/10.1108/JSTP-03-2015-0064
  19. Japutra, A., Ekinci, Y., & Simkin, L. (2018). Positive and negative behaviours resulting from brand attachment: The moderating effects of attachment styles. European Journal of Marketing, 52 (5), 1185-1202. https://doi.org/10.1108/EJM-10-2016-0566 DOI: https://doi.org/10.1108/EJM-10-2016-0566
  20. Joshi, R., & Garg, P. (2021). Role of brand experience in shaping brand love. International Journal of Consumer Studies, 45 (2), 259-1272 https://onlinelibrary.wiley.com/doi/10.1111/ijcs.12618 DOI: https://doi.org/10.1111/ijcs.12618
  21. La, S., & Choi, B. (2012). The role of customer affection and trust in loyalty rebuilding after service failure and recovery. The Service Industries Journal, 32 (1), 105-125. https://doi.org/10.1080/02642069.2011.529438 DOI: https://doi.org/10.1080/02642069.2011.529438
  22. Lappeman, J., Clark, R., Evans, J., & Sierra-Rubia, L. (2021). The effect of nWOM firestorms on South African retail banking. International Journal of Bank Marketing, 39 (3), 455-477. https://doi.org/10.1108/IJBM-07-2020-0403 DOI: https://doi.org/10.1108/IJBM-07-2020-0403
  23. Lee, S., Han, H., Radic, A., & Tariq, B. (2020). Corporate social responsibility (CSR) as a customer satisfaction and retention strategy in the chain restaurant sector. Journal of Hospitality and Tourism Management, 45, 348-358. https://doi.org/10.1016/j.jhtm.2020.09.002 DOI: https://doi.org/10.1016/j.jhtm.2020.09.002
  24. Lutz, B., Pröllochs, N., & Neumann, D. (2022). Are longer reviews always more helpful? Disentangling the interplay between review length and line of argumentation. Journal of Business Research, 144, 888-901. https://doi.org/10.1016/j.jbusres.2022.02.010 DOI: https://doi.org/10.1016/j.jbusres.2022.02.010
  25. Muhammad, L., Mahadi, B., & Hussin, N. (2017). Influence of social capital on customer’s relationship satisfaction in the Pakistani banking industry. Asia Pacific Journal of Marketing and Logistics, 29 (5), 1036-1054. http://dx.doi.org/10.1108/APJML-10-2016-0193 DOI: https://doi.org/10.1108/APJML-10-2016-0193
  26. Murthy, K. S., & Subramanyam, M. (2021). Impact of e-banking strategies on customer satisfaction in select public and private sector banks in India. Academy of Marketing Studies Journal, 25 (5), 1-13. https://www.proquest.com/scholarly-journals/impact-e-banking-strategies-on-customer/docview/2562948875/se-2?accountid=14777
  27. Organización de Estados Americanos (2019). Desafíos del riesgo cibernético en el sector financiero para Colombia y América Latina. https://www.oas.org/es/sms/cicte/docs/Desafios-del-riesgo-cibernetico-en-el-sector-financiero-para-Colombia-y-America-Latina.pdf
  28. Parra, L. E., Bulchand, G. J., Gutierrez, T. D., & Díaz, A. R. (2011). Intentions to use social media in organizing and taking vacation trips. Computers in Human Behavior, 27, 640-654. https://doi.org/10.1016/j.chb.2010.05.022 DOI: https://doi.org/10.1016/j.chb.2010.05.022
  29. Rambocas, M., Kirpalani, V. M., & Simms, E. (2014). Building brand equity in retail banks: The case of Trinidad and Tobago. The International Journal of Bank Marketing, 32 (4), 300-320. http://dx.doi.org/10.1108/IJBM-11-2013-0136 DOI: https://doi.org/10.1108/IJBM-11-2013-0136
  30. Rudolph, T. J., & Popp, E. (2007). An information processing theory of ambivalence. Political Psychology, 28 (5), 563-585. https://doi.org/10.1111/j.1467-9221.2007.00590.x DOI: https://doi.org/10.1111/j.1467-9221.2007.00590.x
  31. Superintendencia Financiera de Colombia (2021). Datos estadísticos – Cifras. https://www.superfinanciera.gov.co/inicio/consumidor-financiero/informacion-general/quejas-contra-entidades-vigiladas/datos-estadisticos-cifras/informacion-estadistica-anual-11129
  32. Thomson, M., MacInnis, D. J., & Park, C. W. (2005). The ties that bind: Measuring the strength of consumers' emotional attachments to brands. Journal of Consumer Psychology, 15 (1), 77-91. https://doi.org/10.1207/s15327663jcp1501_10 DOI: https://doi.org/10.1207/s15327663jcp1501_10
  33. Trivedi, J., & Sama, R. (2021). Determinants of consumer loyalty towards celebrity-owned restaurants: The mediating role of brand love. Journal of Consumer Behaviour, 20, 748-761. https://doi.org/10.1002/cb.1903 DOI: https://doi.org/10.1002/cb.1903
  34. Uyen, P. T., & Nguyen, N. T. (2021). Impact of consumers' motivations on consumers' attitudes towards Facebook personalized advertising and purchase intentions: a research model. International Journal of Information, Business and Management, 13 (4), 160-173. https://www.proquest.com/docview/2568037218/fulltextPDF/7519E7998B494C2EPQ/1?accountid=14777
  35. Wallace, E., Buil, I., & De Chernatony, L. (2014). Consumer engagement with self-expressive brands: Brand love and WOM outcomes. The Journal of Product and Brand Management, 23 (1), 33-42. https://doi.org/10.1108/JPBM-06-2013-0326 DOI: https://doi.org/10.1108/JPBM-06-2013-0326
  36. Won, M., H., Tae, W. M., & Kim, H. (2020). When does customer CSR perception lead to customer extra-role behaviors? The roles of customer spirituality and emotional brand attachment. Journal of Brand Management, 27 (4), 421-437. https://doi.org/10.1057/s41262-020-00190-x DOI: https://doi.org/10.1057/s41262-020-00190-x

Downloads

Download data is not yet available.

Similar Articles

<< < 1 2 3 4 5 

You may also start an advanced similarity search for this article.