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Please use this identifier to cite or link to this item: http://hdl.handle.net/123456789/8115
Title: THE EFFECT OF DIVERSITY MARKETING ON CONSUMER ATTITUDES IN BANKING INDUSTRIES
Authors: ROMCHO, RODAS
Keywords: Diversity, consumer attitude, religious banking preferences
Issue Date: Jan-2024
Publisher: St. Mary's University
Abstract: This study investigates the impact of diversity marketing on consumer attitude within the banking industry, focusing on branches in Addis Ababa. Utilizing a mixed-methods approach, both primary and secondary data sources were employed. A comprehensive survey was conducted, involving 210 respondents across six randomly selected branches, employing a structured questionnaire comprising 23 items. Proportional sampling technique was applied to ensure representative sampling. Statistical Package for Social Sciences (SPSS) version 25 was utilized for data analysis, employing descriptive and inferential statistical tools including frequency, mean, standard deviation, Pearson correlation, coefficient, linear regression, diagnostic tests, linearity test, normality test, and homoscedasticity. These analyses aimed to elucidate the relationship between diversity marketing dimensions (culture, inclusiveness, gender, and religion) and consumer attitude. The research findings reveal a positive and significant correlation between ethnic diversity marketing dimensions and consumer attitude. Particularly, respondents expressed stronger agreement with the religious dimension, suggesting that religious beliefs influence banking preferences, particularly in favour of financial products compliant with religious principles such as profit-and-loss sharing and asset-backed financing. Conversely, respondents exhibited lower satisfaction with the language dimension of ethnic diversity marketing. Based on these findings, the study recommends that banks enhance their ethnic diversity marketing strategies across all dimensions to align with consumer expectations, thereby enhancing competitiveness within the banking industry and maximizing profitability
URI: http://hdl.handle.net/123456789/8115
Appears in Collections:Business Administration

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