Skip to main content

The Empirical Study on Influence Factors of Word-of-Mouth Value of Customer Equity

  • Conference paper
  • First Online:
The 19th International Conference on Industrial Engineering and Engineering Management

Abstract

The research of the measure of customer equity has been given more emphasis by domestic and foreign scholars, but the study of word-of-mouth value which is regarded as one of the important composition of customer equity is scarce. On the basis of theoretical analysis of word-of-mouth value by domestic and foreign scholars, this paper establishes a concept model of influence factors of word-of-mouth value of customer equity, and verifies the concept model by structural equation model. The results improve that many factors of word-of-mouth infector and receiver have great impact on the value of word-of-mouth.

National Natural Science Foundation of China (70672116).

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 369.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 469.00
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

References

  • Arndt J (1967) Role of product-related conversations in the diffusion of a new product. J Mark Res 8:291–295 (Periodical style)

    Article  Google Scholar 

  • Bansal HS, Voyer PA (2000) Word of mouth processes within a services purchase decision context. J Serv Res 3(2):166–177 (Periodical style)

    Article  Google Scholar 

  • Gilly MC, Graham JL (1998) A dyadic study of interpersonal information search. J Acad Mark Sci 26:83–100 (Periodical style)

    Article  Google Scholar 

  • Hein K (2003) Linking customer lifetime value with shareholder value. Ind Mark Manage 32:267–279 (Periodical style)

    Article  Google Scholar 

  • Huang C (2008) A research of measurement of word-of-mouth value of customer equity. Master’s degree paper of Xi’an Polytechnic University, 2008 531–533 (Thesis or Dissertation style, in Chinese)

    Google Scholar 

  • Huang C, Cheng A (2008) The commentary of the research of word-of-mouth value of customer equity. J Northwest Norm Univ 5:531–533 (Periodical style, in Chinese)

    Google Scholar 

  • Liu J, Chen X (2007) The formation mechanism of spread of word-of-mouth and word-of-mouth marketing. Financ Econ Tribune 9(5):96–101 (Periodical style, in Chinese)

    Google Scholar 

  • Ni X (2010) Proficiency in statistical analysis of SPSS. Tsinghua University press, Beijing (Book style, in Chinese)

    Google Scholar 

  • Rust RT, Zeithaml VA, Lemon KN (2000) Driving customer equity: how customer lifetime value is reshaping corporate strategy. The Free Press, New York (Book style)

    Google Scholar 

  • Villanueva J, Yoo S, Hanssens DM (2006) The impact of marketing-induced versus word-of-mouth customer acquisition on customer equity. Working paper (Periodical style)

    Google Scholar 

  • Wang T, Xu L (2002a) The composition and measurement of customer equity. Econ Manage 7:44–47 (Periodical style, in Chinese)

    Google Scholar 

  • Wang T, Xu L (2002b) The composition and measurement of customer equity. Econ Manage 7:44–47 (Periodical style, in Chinese)

    Google Scholar 

  • Zhang Z (2009) A study of model of spread of word-of-mout. Res Prod Force 17:86–88 (Periodical style, in Chinese)

    Google Scholar 

  • Zhang J, Zhang L, Ge S (2006) The composition and measurement of customer equity based on behavior. In: Proceedings of the collection of the theses of the reports on the 4th national representative conference in 2006 annual meeting of Chinese market association, 2006 (Published Conference Proceedings style, in Chinese)

    Google Scholar 

Download references

Acknowledgments

This research was supported by the National Natural Science Foundation of China under Grant 70672116.

Author information

Authors and Affiliations

Authors

Corresponding author

Correspondence to Ai-wu Cheng .

Editor information

Editors and Affiliations

Rights and permissions

Reprints and permissions

Copyright information

© 2013 Springer-Verlag Berlin Heidelberg

About this paper

Cite this paper

Sun, L., Cheng, Aw., Wang, Hj. (2013). The Empirical Study on Influence Factors of Word-of-Mouth Value of Customer Equity. In: Qi, E., Shen, J., Dou, R. (eds) The 19th International Conference on Industrial Engineering and Engineering Management. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-38433-2_38

Download citation

Publish with us

Policies and ethics