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st. Mary's University Institutional Repository St. Mary's University Institutional Repository

Please use this identifier to cite or link to this item: http://hdl.handle.net/123456789/8325
Title: FACTORS AFFECTING CUSTOMER SATISFACTION IN BUSINESS TO BUSINESS MARKETING: THE CASE OF RETAIL PHARMACIES AND THEIR SUPPLIERS
Authors: MEKONEN, GELILA
Keywords: Pharmaceutical B2B, Customer Satisfaction, Supply Chain Integration, Product Availability, Staff Competence, Price Affordability, E-commerce Platforms
Issue Date: Dec-2024
Publisher: St. Mary’s University
Abstract: This study examined the key factors influencing customer satisfaction among retail pharmacies in the Ethiopian pharmaceutical business-to-business (B2B) sector. The study adopted a crosssectional, explanatory research design to investigate the factors influencing customer satisfaction in the pharmaceutical industry's B2B relationship between retail pharmacies and their suppliers.Using a mixed-methods approach, the research combined survey questionnaires and in-depth interviews to examine the perceptions and experiences of retail pharmacy customers.The researcher randomly selected 206 retail pharmacies from the target population of 424 to participate in the quantitative survey component of the study.The findings revealed that supply chain integration, product availability, staff competence, price affordability, and ecommerce platforms are significant drivers of customer satisfaction. The study concluded that effective supply chain integration, with a focus on supplier collaboration, information sharing, inventory management, and supply chain responsiveness, enables pharmaceutical suppliers to meet the evolving needs of retail pharmacies. The availability of high-quality products and the ability to rapidly respond to fluctuations in demand were also found to positively influence customer satisfaction. Furthermore, the study emphasized the importance of employee product knowledge, customer service skills, and comprehensive training programs in building trust and delivering a positive customer experience. Pharmaceutical suppliers' ability to balance profitability and affordability in their pricing strategies and financing options was identified as another critical factor in meeting the retail pharmacy customers' needs. In addition, the study revealed that the availability of self-service features, data security, and privacy measures on suppliers' e-commerce platforms contribute to enhancing the operational efficiency and trust of retail pharmacies. However, challenges in fully integrating e-commerce capabilities, including ensuring seamless data integration and addressing data security concerns, were also noted. The findings of this study provide valuable insights for pharmaceutical suppliers in Ethiopia and the broader industry to better understand and address the multifaceted factors that shape customer satisfaction among retail pharmacies
URI: http://hdl.handle.net/123456789/8325
Appears in Collections:Marketing Management

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