Exploring the importance of the perceived value of port users: evidence from the public port system in Ecuador

Authors

  • José Antonio Pedraza-Rodríguez Associated Unit CSIC-UCO, Social Innovation and Knowledge Transfer, University of Cordoba (UCO), Cordoba, Spain
  • Martha Yadira Universidad San Gregorio de Portoviejo, Portoviejo, Ecuador
  • César Mora-Márquez Associated Unit CSIC-UCO, Social Innovation and Knowledge Transfer, University of Cordoba (UCO), Cordoba, Spain

Keywords:

Value-satisfaction-loyalty chain, Port-marketing, Relationship-marketing, Port-customer relationship

Abstract

Purpose

This article aims to explore the concept of chain value of the public port system in Ecuador from the perspective of importing/exporting companies, analyzing how perceived value in the use of port services affects customer satisfaction and the intermediate links of the influence of trust and commitment on customer loyalty.

Design/methodology/approach

Relying on a survey of 634 Ecuadorian companies with experience in international trade as port users and a theoretical framework well-established in the literature on consumer behavior, the empirical study found evidence of a positive and significant relationship with the knowledge of chain effects.

Findings

The findings confirm the chain effect and reveal ways to maintain an ongoing satisfactory, trust and committed relationship with users, thereby ultimately gaining and maintaining their loyalty. The conclusions suggest how this postulate can help to close the gap referred to the effective management of port services, and point out that port managers should be concerned with a continuous in-depth understanding of the perceived value and its chain effects.

Originality/value

The authors add evidence of the use of the postulate of the chain of effects on these dimensions, whose applicability is very well established, tested and consensual for the doctrine in industrial marketing. In contrast, it is scarcely present in the port relationship with its users.

DOI:  https://doi.org/10.1108/JEFAS-09-2022-0214

Downloads

Download data is not yet available.

References

Anderson, J.C. (1995), “Relationships in business markets: exchange episodes, value creation, and their empirical assessment”, Journal of the Academy of Marketing Science, Vol. 23 No. 4, pp. 346-350, doi: 10.1177/009207039502300415.

Andreassen, T.W. and Lervik, L. (1999), “Perceived relative attractiveness today and tomorrow as predictors of future repurchase intention”, Journal of Service Research, Vol. 2 No. 2, pp. 164-172, doi: 10.1177/109467059922004.

Aparisi, J.A., Giner, A. and Ripoll, V.M. (2009), “Analysis of the implementation process of a strategic management system: a case study of the Balanced Scorecard at the Port Authority of Valencia”, Revista Española de Financiación y Contabilidad-Spanish Journal of Finance and Accounting, Vol. 38 No. 142, pp. 189-212, doi: 10.1080/02102412.2009.10779666.

Balci, G., Caliskan, A. and Yuen, K.F. (2019), “Relational bonding strategies, customer satisfaction, and loyalty in the container shipping market”, International Journal of Physical Distribution and Logistics Management, Vol. 49 No. 8, pp. 816-838, doi: 10.1108/IJPDLM-02-2019-0051.

Bardauskaite, I. (2014), “Loyalty in the business-to-business service context: a literature review and proposed framework”, Journal of Relationship Marketing, Vol. 13 No. 1, pp. 28-69, doi: 10.1080/15332667.2014.882628.

Berry, L.L. (2002), “Relationship marketing of services perspectives from 1983 and 2000”, Journal of Relationship Marketing, Vol. 1 No. 1, pp. 59-77, doi: 10.1300/J366v01n01_05.

Bitner, M.J. (1995), “Building service relationships: it's all about promises”, Journal of Academy of Marketing Science, Vol. 23 No. 4, pp. 246-251, doi: 10.1177/009207039502300403.

Caliskan, A. and Esmer, S. (2019), “An assessment of port and shipping line relationships: the value of relationship marketing”, Maritime Policy and Management, Vol. 37 No. 39, pp. 1-19, doi: 10.1080/03088839.2019.1690172.

CEPAL (2019), Datos estadísticos del Informe de la actividad portuaria de América Latina y el Caribe 2018, Comisión Económica para América Latina y el Caribe, doi: 10.18235/0001028, available at: https://www.cepal.org/es/comunicados/movimiento-carga-puertos-america-latina-caribe-aumento-77-2018 (accessed 28 September 2019).

Chang, C.H. and Thai, V.V. (2016), “Do port security quality and service quality influence customer satisfaction and loyalty?”, Maritime Policy and Management, Vol. 43 No. 6, pp. 720-736, doi: 10.1080/03088839.2016.1151086.

Chen, P.Y., Chen, K.Y. and Wu, L.Y. (2017), “The impact of trust and commitment on value creation in asymmetric buyer–seller relationships: the mediation effect of specific asset investments”, Journal of Business and Industrial Marketing, Vol. 32 No. 3, pp. 457-471, doi: 10.1108/JBIM-09-2014-0171.

Choi, Y.R., Shin, H.W. and Ko, S.B. (2002), “An empirical study on the quality management for port services-primarily on container terminals in busan”, Journal of Navigation and Port Research, Vol. 26 No. 2, pp. 153-159, doi: 10.5394/KINPR.2002.26.2.153.

Cimpeanu, R., Devine, M.T. and O'Brien, C. (2017), “A simulation model for the management and expansion of extended port terminal operations”, Transportation Research Part E: Logistics and Transportation Review, Vol. 98, pp. 105-131, doi: 10.1016/j.tre.2016.12.005.

Cronin, J.J., Brady, M.K. and Hult, G.T.M. (2000), “Assessing the effects of quality, value, and customer satisfaction on consumer behavioral intentions in service environments”, Journal of Retailing, Vol. 76 No. 2, pp. 193-218, doi: 10.1016/s0022-4359(0000028-2.

Cullinane, K. and Wang, T. (2010), “The efficiency analysis of container port production using DEA panel data approaches”, OR Spectrum, Vol. 32 No. 3, pp. 717-738, doi: 10.1007/s00291-010-0202-7.

Cunningham, M.T. and Kettlewood, K. (1976), “Source loyalty in the freight transport market”, European Journal of Marketing, Vol. 10 No. 1, pp. 60-79, doi: 10.1108/EUM0000000005038.

De Martino, M., Carbone, V. and Morvillo, A. (2015), “Value creation in the port: opening the boundaries to the market”, Maritime Policy and Management, Vol. 42 No. 7, pp. 682-698, doi: 10.1080/03088839.2015.1078010.

Deng, P., Lu, S. and Xiao, H. (2013), “Evaluation of the relevance measure between ports and regional economy using structural equation modeling”, Transport Policy, Vol. 27, pp. 123-133, doi: 10.1016/j.tranpol.2013.01.008.

Denktas-Sakar, G. and Karatas-Cetin, C. (2012), “Port sustainability and stakeholder management in supply chains: a framework on resource dependence theory”, The Asian Journal of Shipping and Logistics, Vol. 28 No. 3, pp. 301-319, doi: 10.1016/j.ajsl.2013.01.002.

ECSI Technical Committee (1998), “European customer satisfaction index: foundation and structure for harmonized national pilot projects”, Report Prepared for the ECSI Steering Committee.

Ferro, C., Padin, C., Svensson, G. and Payan, J. (2016), “Trust and commitment as mediators between economic and non-economic satisfaction in manufacturer-supplier relationships”, Journal of Business and Industrial Marketing, Vol. 31 No. 1, pp. 13-23, doi: 10.1108/jbim-07-2013-0154.

Fornell, C. and Larcker, D.F. (1981), “Structural equation models with unobservable variables and measurement error: algebra and statistics”, Journal of Marketing Research, Vol. 18 No. 3, pp. 382-388, doi: 10.1177/002224378101800313.

Fornell, C., Johnson, M.D., Anderson, E.W., Cha, J. and Bryant, B.E. (1996), “The American customer satisfaction index: nature, purpose, and findings”, Journal of Marketing, Vol. 60 No. 4, pp. 7-18, doi: 10.1177/002224299606000403.

Gil-Saura, I., Berenguer, G., Ruíz, M. and Ospina, S. (2015), “La calidad y el valor percibido en el transporte de mercancías en España y su importancia en la segmentación de clientes”, Innovar, Vol. 25 No. 58, pp. 105-123, doi: 10.15446/innovar.v25n58.52436.

Gallarza, M.G., Arteaga, F., Del Chiappa, G., Gil-Saura, I. and Holbrook, M.B. (2017), “A multidimensional service-value scale based on Holbrook's typology of customer value: bridging the gap between the concept and its measurement”, Journal of Service Management, Vol. 28 No. 4, pp. 724-762, doi: 10.1108/josm-06-2016-0166.

Gil-Saura, I., Berenguer, G., Contri, G. and Ruiz-Molina, E. (2018), “Satisfaction and loyalty in B2B relationships in the freight forwarding industry: adding perceived value and service quality into equation”, Transport, Vol. 33 No. 5, pp. 1184-1195, doi: 10.3846/transport.2018.6648.

Goaill, M.M., Perumal, S. and Mohd-Noor, N.A. (2014), “The impact of retailer's economic and social satisfaction on its commitment, and the moderating effect of manufacturer brands' strength”, Asian Social Science, Vol. 10 No. 8, pp. 140-155, doi: 10.5539/ass.v10n8p140.

Gobierno de Ecuador (2017), “Sistema portuario Ecuador: ministerio de Transporte y obras públicas”, available at: http://www.sela.org/media/2303887/15-sistema-portuario-ecuatoriapdf (accessed 12 October 2018).

Gobierno de Ecuador (2018), Datos Abiertos. Ecuador, Servicio Nacional de Aduana del Ecuador, available at: https://www.datosabiertos.gob.ec/dataset/?organization=senae (accessed 28 March 2020).

Gobierno de Ecuador (2019a), Importaciones. Ecuador, Servicio Nacional de Aduana del Ecuador, available at: https://www.aduana.gob.ec/importaciones/ (accessed 2 April 2020).

Gobierno de Ecuador (2019b), Exportaciones. Ecuador, Servicio Nacional de Aduana del Ecuador, available at: https://www.aduana.gob.ec/importaciones/ (accessed 2 April 2020).

Hair, J.F., Hult, G.T.M., Ringle, C.M. and Sarstedt, M. (2017), A Primer on Partial Least Squares Structural Equation Modeling, Sage, Thousand Oaks, CA, doi: 10.1007/978-3-319-05542-8_15-1.

Han, X., Kwortnik, R.J., Jr. and Wang, C. (2008), “Service loyalty: an integrative model and examination across service contexts”, Journal of Service Research, Vol. 11 No. 1, pp. 22-42, doi: 10.1177/1094670508319094.

Heskett, J.L., Jones, T.O., Loveman, G.W., Sasser, W.E. and Schlesinger, L.A. (1994), “Putting the service-profit chain to work”, Harvard Business Review, Vol. 72 No. 2, pp. 164-174.

Holbrook, M.B. (2006), “Rosepekiceciveci vs CCV – the resource-operant, skills- exchanging, performance-experiencing, knowledge-informed, competence-enacting, coproducer involved, value-emerging, customer-interactive view of marketing versus the concept of customer value: I can get it for you wholesale”, in Lusch, R.F. and Vargo, S.L. (Eds), The Service-Dominant Logic of Marketing: Dialog, Debate, and Directions, Routledge, Armonk, NY, pp. 208-223, doi: 10.4324/9781315699035-27.

Hu, H.H., Kandampully, J. and Juwaheer, T.D. (2009), “Relationships and impacts of service quality, perceived value, customer satisfaction and image: an empirical study”, Service Industries Journal, Vol. 29 No. 2, pp. 111-125, doi: 10.1080/02642060802292932.

Huang, P.L., Lee, B.C.Y. and Chen, C.C. (2017), “The influence of service quality on customer satisfaction and loyalty in B2B technology service industry”, Total Quality Management and Business Excellence, Vol. 30 Nos 13-14, pp. 1449-1465, doi: 10.1080/14783363.2017.1372184.

Jang, H.M. and Kim, S.Y. (2012), “Customer loyalty and logistics service performance in maritime transport: a literature review and conceptual model”, Journal of Navigation and Port Research, Vol. 36 No. 9, pp. 753-761, doi: 10.5394/KINPR.2012.36.9.753.

Kaliszewski, A., Kozłowski, A., Dąbrowski, J. and Klimek, H. (2020), “Key factors of container port competitiveness: a global shipping lines perspective”, Marine Policy, Vol. 117, 103896, doi: 10.1016/j.marpol.2020.103896.

Kohtamäki, M., Henneberg, S.C., Martinez, V., Kimita, K. and Gebauer, H. (2019), “A configurational approach to servitization: review and research directions”, Service Science, Vol. 11 No. 3, pp. 155-261, doi: 10.1287/serv.2019.0245.

Kumar, V., Pozza, I.D. and Ganesh, J. (2013), “Revisiting the satisfaction–loyalty relationship: empirical generalizations and directions for future research”, Journal of Retailing, Vol. 89 No. 3, pp. 246-262, doi: 10.1016/j.jretai.2013.02.001.

Lai, I.K.W. (2014), “The role of service quality, perceived value and relationship quality in enhancing customer loyalty in the travel agency sector”, Journal of Travel and Tourism Marketing, Vol. 31 No. 3, pp. 417-442, doi: 10.1080/10548408.2014.883346.

Magala, M. and Sammons, A. (2015), “A new approach to port choice modelling”, in Haralambides, H. (Ed.), Port Management, Palgrave Macmillan, London, pp. 29-56, doi: 10.1057/9781137475770_3.

Martelo, S., Barroso, C. and Cepeda, G. (2013), “The use of organizational capabilities to increase customer value”, Journal of Business Research, Vol. 66 No. 10, pp. 2042-2050, doi: 10.1016/j.jbusres.2013.02.030.

Oh, H. and Kim, K. (2017), “Customer satisfaction, service quality, and customer value: years 2000-2015”, International Journal of Contemporary Hospitality Management, Vol. 29 No. 1, pp. 2-29, doi: 10.1108/ijchm-10-2015-0594.

O'Cass, A. and Ngo, L.V. (2011), “Examining the firm's value creation process: a managerial perspective of the firm's value offering strategy and performance: examining the firm's value creation process”, British Journal of Management, Vol. 22 No. 4, pp. 646-671, doi: 10.1111/j.1467-8551.2010.00694.x.

Porter, M.E. (2001), “The value chain and competitive advantage”, in Barnes, D. (Ed.), Understanding Business Processes, Routledge, London, pp. 50-66.

Ruiz-Martínez, A., Frasquet, M. and Gil-Saura, I. (2019), “How to measure B2B relationship value to increase satisfaction and loyalty”, Journal of Business and Industrial Marketing, Vol. 34 No. 8, pp. 1866-1878, doi: 10.1108/jbim-10-2018-0289.

Rust, R.T. and Oliver, R.L. (1994), Service Quality: New Directions in Theory and Practice, Sage Publications, Newbury Park, CA.

Schellinck, T. and Brooks, M.R. (2016), “Does superior service performance provided to shipping lines improve the perceived value of a port?”, International Journal of Shipping and Transport Logistics, Vol. 8 No. 2, pp. 175-193, doi: 10.1504/IJSTL.2016.075009.

Sheth, J.N., Newman, B.I. and Gross, B.L. (1991), Consumption Values and Market -Choice, South-Western Publishing, Cincinnati, OH.

Subhan, M. and Ghani, A.B.A. (2008), “Analyzing growth opportunity of port from the resource-based perspective: the case of Port of Tanjung Pelepas Malaysia”, Gadjah Mada International Journal of Business, Vol. 10 No. 6, pp. 353-373, doi: 10.22146/gamaijb.5557.

Sweeney, J.C. and Soutar, G.N. (2001), “Consumer perceived value: the development of a multiple item scale”, Journal of Retailing, Vol. 77 No. 2, pp. 203-220, doi: 10.1016/S0022-4359(01)00041-0.

Tanaka, J.S. (1993), “Multifaceted conceptions of fit in structural equation models”, in Bollen, K.A. and Long, J.S. (Eds), Testing Structural Equation Models, Sage, Newbury Park, pp. 10-39.

Thai, V.V. (2016), “The impact of port service quality on customer satisfaction: the case of Singapore”, Maritime Economics and Logistics, Vol. 18 No. 4, pp. 458-475, doi: 10.1057/mel.2015.19.

Van de Voorde, E. and Winkelmans, W. (2002), “A general introduction to port competition and management”, in Huybrechts, M., Meersman, H., Van de Voorde, E., Van Hooydonk, E., Verbeke, A. and Winkelmans, W. (Eds), Port Competitiveness: an Economic and Legal Analysis of the Factors Determining the Competitiveness of Seaports, De Boeck, Antwerpen, pp. 1-16, doi: 10.4324/9781315775838.

Van der Lugt, L., Dooms, M. and Parola, F. (2013), “Strategy making by hybrid organizations: the case of the port authority”, Research in Transportation Business and Management, Vol. 8, pp. 103-113, doi: 10.1016/j.rtbm.2013.06.005.

Vera, J. (2016), “Two paths to customer loyalty: the moderating effect of the differentiation level strategy in the performance-satisfaction-value-intentions relationship”, Journal of Product and Brand Management, Vol. 25 No. 2, pp. 171-183, doi: 10.1108/jpbm-01-2015-0789.

Verhoeff, J.M. (1981), “Seaport competition: some fundamental and political aspects”, Maritime Policy and Management, Vol. 8 No. 1, pp. 49-60, doi: 10.1080/03088838100000022.

Vieira, V.A. (2013), “Antecedents and consequences of perceived value: a meta-analytical perspective”, Journal of Customer Behaviour, Vol. 12 Nos 2/3, pp. 111-133, doi: 10.1362/147539213X13832198548210.

Woodruff, R.B. (1997), “Customer value: the next source for competitive advantage”, Journal of the Academy of Marketing Science, Vol. 25 No. 2, pp. 139-153, doi: 10.1007/BF02894350.

Yaqub, R.M., Halim, F.B. and Shehzad, A. (2019), “Effect of service quality, price fairness, justice with service recovery and relational bonds on customer loyalty: mediating role of customer satisfaction”, Pakistan Journal of Commerce and Social Sciences, Vol. 13 No. 1, pp. 62-94, doi: 10.1108/ijbm-04-2014-0048.

Yeo, G.T., Thai, V.V. and Roh, S.Y. (2015), “An analysis of port service quality and customer satisfaction: the case of Korean container ports”, The Asian Journal of Shipping and Logistics, Vol. 31 No. 4, pp. 437-447, doi: 10.1016/j.ajsl.2016.01.002.

Zeithaml, V.A. (1988), “Consumer perceptions of price, quality, and value: a means-end model and synthesis of evidence”, Journal of Marketing, Vol. 52 No. 3, pp. 2-22, doi: 10.1177/002224298805200302.

Zeithaml, V.A., Berry, L.L. and Parasuraman, A. (1996), “The behavioral consequences of service quality”, Journal of Marketing, Vol. 60 No. 2, pp. 31-46, doi: 10.1177/0022242996060002.

Downloads

Published

2024-03-30

How to Cite

Pedraza-Rodríguez, J. A., García-Briones, M. Y., & Mora-Márquez, C. (2024). Exploring the importance of the perceived value of port users: evidence from the public port system in Ecuador. Journal of Economics, Finance and Administrative Science, 29(57), 146–165. Retrieved from https://revistas.esan.edu.pe/index.php/jefas/article/view/729