Identifying the customer satisfaction factors in furniture market

Journal Title: Economics, Management and Sustainability - Year 2017, Vol 2, Issue 1

Abstract

Purpose – the purpose of this research is to identify the influential factors on customer satisfaction in the Iranian furniture market in order to get acquainted with the fundamental items for planning future sales programs with the purposes of extolling competitive advantages. Design/methodology/approach – A commixture of 6 items and 31 factors were educed from interviewing with 20 experts in furniture designing and manufacturing industry. The collected data from customer need indexes in previous research were also used. Findings – results showed that such factors as economic factors weighting 0.32, product specifications weighting 0.21 and credibility weighting 0.19 were the most important indexes and price weighting 0.195, fame weighting 0.131, quality, durability and resistance weighting 0.116, paying conditions weighting 0.095, designing and decorating in virtual softwares before ordering weighting 0.074, updatedness weighting 0.064 and interaction approach with the weight of 0.42 were the most considerable influential sub-indexes on the satisfaction of the Iranian furniture market customers. Research limitations/implications – by the enhancement of competition throughout the world markets and the inevitable presence of Iran in it, the market activists’ concentration should shift towards paying comprehensive attention to desires and needs of furniture market customers. Practical implications – some important issues on planning suitable manufacturing and marketing programs in furniture market are introduce so that the activists be aware of considering the growing knowledge and awareness of end-users which increases the pressure on the manufacturer side. There are also some solutions in terms of internal and external organizational factors with regard to the complex nature of competitive environment in furniture market. Originality/value – the paper provides an examination of effective factors on customer satisfaction with a focus on past experiments and the perspectives of furniture market experts.

Authors and Affiliations

Majid Azizi, Seyed Alireza Dehghan, Mohsen Ziaie, Nematollah Mohebi

Keywords

Related Articles

The ranking of insurance companies from Romania based on multicriterial analysis

The article is based on a wider study conducted by the author, on a sample of 10 of the most long-lived insurance companies, with different levels of gross premiums charged, activating on the Romanian insurance market. S...

Specific risks and profitability of Islamic Banks in MENA region

Islamic banks offer Sharia-compliant financial products. In addition to conventional risks, these banks face specific risks which will have negative effects. We investigate the effects of specific risks on the performanc...

Tax rates effects on the risk level of listed Viet Nam real estate firms during global economic crisis 2007-2009

The emerging stock market in Viet Nam has been developed since 2006 and affected by the financial crisis 2007-2009. This study analyzes the impacts of tax policy on market risk for the listed firms in the real estate ind...

Management of functionaries’ development of the enterprise management system by application of the criteria experts assessment by method of functional reliability

Emphasis on the importance and necessity of human resources management at the enterprise is made. It was emphasized that special attention should be paid to the evaluation of managers, in particular the characteristics o...

Determinants of foreign direct investment in Tunisia: Empirical assessment based on an application of the autoregressive distributed Lag model

In recent years, the changing economic and political environment in Tunisia led to a renewed interest on the drivers of foreign direct investment, given its potential important gains. In this study, we investigated the i...

Download PDF file
  • EP ID EP223926
  • DOI 10.14254/jems.2017.2-1.1
  • Views 101
  • Downloads 0

How To Cite

Majid Azizi, Seyed Alireza Dehghan, Mohsen Ziaie, Nematollah Mohebi (2017). Identifying the customer satisfaction factors in furniture market. Economics, Management and Sustainability, 2(1), 6-18. https://europub.co.uk/articles/-A-223926