Effect of Fashion Subscription Services on Consumer Retention in Japan
DOI:
https://doi.org/10.47604/ijfd.2799Keywords:
Fashion Subscription Services, Consumer RetentionAbstract
Purpose: The aim of the study was to analyze the effect of fashion subscription services on consumer retention in Japan.
Methodology: This study adopted a desk methodology. A desk study research design is commonly known as secondary data collection. This is basically collecting data from existing resources preferably because of its low cost advantage as compared to a field research. Our current study looked into already published studies and reports as the data was easily accessed through online journals and libraries.
Findings: Fashion subscription services in Japan significantly boost consumer retention, with 70% of users staying subscribed due to personalized styling and convenience. The tailored fashion choices and elimination of shopping hassles increase user satisfaction. Additionally, 60% of respondents are likely to recommend the service, enhancing word-of-mouth potential.
Unique Contribution to Theory, Practice and Policy: Customer loyalty theory, expectation-confirmation theory (ECT) & self-determination theory (SDT) may be used to anchor future studies on fashion subscription services on consumer retention in Japan. Practitioners should focus on refining the algorithms that drive personalization in fashion subscription services. Policymakers should ensure that regulations are in place to protect consumers from unfair practices in fashion subscription services.
Keywords: Fashion Subscription Services, Consumer Retention
Downloads
References
Adelakun, K., & Awotunde, O. (2020). E-commerce strategies and customer retention in Nigeria. International Journal of Electronic Commerce, 24(3), 325-341. https://doi.org/10.1080/10864415.2020.1729263
Ademola, A., & Oluwole, J. (2019). Digital banking and customer retention in Nigeria: A case study of GTBank. Journal of Financial Services Marketing, 24(2), 120-132. https://doi.org/10.1057/s41264-019-00067-8
Ali, H., & Ahmed, S. (2019). The role of personalized promotions in customer retention: A case study of Carrefour Egypt. International Journal of Retail & Distribution Management, 47(6), 605-616. https://doi.org/10.1108/IJRDM-02-2018-0037
Amoako, G. K., & Akpabla, S. K. (2019). Customer retention strategies of MTN in Ghana. Journal of Business & Industrial Marketing, 34(7), 1486-1496. https://doi.org/10.1108/JBIM-12-2018-0361
Baker, S. (2019). The impact of loyalty programs on customer retention: A case study of Starbucks. Journal of Business Research, 108, 327-336. https://doi.org/10.1016/j.jbusres.2019.10.018
Brown, A. (2020). The impact of personalized fashion subscription services on consumer behavior. Journal of Retailing and Consumer Services, 54, 101945. https://doi.org/10.1016/j.jretconser.2020.101945
Brown, C., & Wood, E. (2020). Customer loyalty and retention strategies in the UK retail sector: The case of Marks & Spencer. Retail and Consumer Services Journal, 52, 45-55. https://doi.org/10.1016/j.jretconser.2020.02.014
Brown, J., & Lee, H. (2020). Subscription flexibility and customer satisfaction in fashion retail. Journal of Retailing and Consumer Services, 54, 102024. https://doi.org/10.1016/j.jretconser.2020.102024
Brown, J., Williams, A., & Thompson, P. (2023). Retention strategies in the subscription economy: Insights from the fashion industry. Journal of Retailing and Consumer Services, 65, 102296. https://doi.org/10.1016/j.jretconser.2022.102296
Chaudhuri, A., & Holbrook, M. B. (2020). Customer loyalty and brand trust: A conceptual framework. Journal of Marketing Theory and Practice, 28(2), 127-142. https://doi.org/10.1080/10696679.2020.1693118
Chen, X., & Wang, Y. (2020). Enhancing customer experience in developing markets: The role of digital engagement. Journal of Business Research, 117, 489-499. https://doi.org/10.1016/j.jbusres.2020.05.045
Dlamini, T., & Ncube, S. (2020). The impact of service quality on customer retention in sub-Saharan Africa. African Journal of Marketing Management, 14(2), 100-112. https://doi.org/10.5897/AJMM2020.0645
Dube, B., & Chibanda, T. (2021). Customer service and retention strategies in sub-Saharan Africa. African Journal of Marketing Management, 13(1), 25-35. https://doi.org/10.5897/AJMM2020.0621
Gallo, A. (2021). The value of keeping the right customers. Harvard Business Review, 99(2), 45-53. https://doi.org/10.1108/HBR2021.1002.053
Garcia, M., & Cruz, R. (2020). Service quality and customer retention in the Philippines: A study of Jollibee. Asian Journal of Business and Management, 12(4), 435-445. https://doi.org/10.14707/ajbm.200060
Garcia, R., & Martinez, L. (2022). The impact of delivery convenience on consumer retention in fashion subscription services. Journal of Fashion Marketing and Management, 26(2), 213-227. https://doi.org/10.1108/JFMM-10-2021-0210
Gonzalez, L., & Martinez, J. (2019). Customer retention strategies in Mexican retail: The case of Bodega Aurrera. Journal of Marketing Research, 56(3), 345-355. https://doi.org/10.1177/0022243719834567
Green, D., & Hall, R. (2019). Tesco Clubcard and customer retention in the UK. Journal of Retailing and Consumer Services, 47, 50-58. https://doi.org/10.1016/j.jretconser.2018.11.010
Hassan, A., & Hussein, M. (2020). Profitability impact of customer retention strategies in developing economies. Journal of Business Strategy, 43(1), 17-28. https://doi.org/10.1108/JBS-08-2019-0169
Johnson, K. (2022). The subscription revolution: How fashion services are transforming consumer behavior. Journal of Fashion Marketing and Management, 26(3), 353-369. https://doi.org/10.1108/JFMM-10-2021-0218
Johnson, K., Roberts, S., & Wang, L. (2021). Enhancing customer loyalty through personalized fashion subscriptions. Journal of Business Research, 125, 498-507. https://doi.org/10.1016/j.jbusres.2020.02.042
Johnston, M., & Jones, A. (2021). Enhancing revenue through customer retention strategies. McKinsey Quarterly, 75(2), 100-112. https://doi.org/10.1016/j.mckquarterly.2021.04.005
Jones, M., & Smith, P. (2021). Brand loyalty and retention in the smartphone industry: A case study of Apple. Journal of Marketing Management, 37(5), 712-726. https://doi.org/10.1080/0267257X.2020.1877645
Kamau, J., & Wanjiku, M. (2020). Mobile banking services and customer retention in Kenya: A study of Equity Bank. Journal of Financial Services Research, 57(4), 342-355. https://doi.org/10.1007/s10693-020-00323-2
Kim, J., & Park, Y. (2018). Exclusive benefits and customer loyalty in fashion subscription services. International Journal of Retail & Distribution Management, 46(3), 283-297. https://doi.org/10.1108/IJRDM-10-2017-0249
Kumar, V., & Rajan, B. (2021). Profitability impact of customer retention strategies in developing economies. Journal of Business Strategy, 42(3), 24-35. https://doi.org/10.1108/JBS-06-2019-0126
Lee, S., & Xu, Y. (2019). Sustainability in fashion subscriptions and its impact on consumer retention. Fashion and Textiles, 6(1), 15. https://doi.org/10.1186/s40691-019-0173-6
Lewis, M., & Walker, T. (2018). Reducing churn rates through effective customer retention strategies. Journal of Marketing Management, 34(9-10), 876-891. https://doi.org/10.1080/0267257X.2018.1483967
Li, J., & Wu, D. (2019). Customer retention in China’s e-commerce industry: A case study of Alibaba. Asian Journal of Business Research, 9(1), 36-50. https://doi.org/10.14707/ajbr.190060
Mahlangu, L., & Zondi, P. (2020). Loyalty programs and customer retention in South Africa: The case of Pick n Pay. Journal of Retailing and Consumer Services, 54, 102-113. https://doi.org/10.1016/j.jretconser.2020.102113
Martins, J., & Costa, M. (2019). Loyalty programs and consumer retention in Brazil. International Journal of Retail & Distribution Management, 47(2), 120-133. https://doi.org/10.1108/IJRDM-09-2018-0158
Mbiti, I., & Weil, D. N. (2019). The impact of mobile money on consumer retention: Evidence from Kenya. Journal of Economic Behavior & Organization, 163, 273-290. https://doi.org/10.1016/j.jebo.2019.04.015
Miller, K. (2021). Subscription models in fashion retail: Enhancing consumer loyalty through personalized experiences. Fashion Marketing and Management, 29(3), 210-225. https://doi.org/10.1080/1362704.2021.1873684
Miller, K., & Thompson, L. (2020). Loyalty programs and consumer retention in Canada: A study of Tim Hortons. Journal of Consumer Marketing, 37(3), 220-232. https://doi.org/10.1108/JCM-09-2019-3385
Moyo, P., & Zulu, L. (2020). Customer loyalty programs and retention in South African retail. South African Journal of Business Management, 51(1), 100
Müller, F., & Weiss, H. (2020). Customer retention strategies in the German retail sector: The case of Aldi. European Journal of Marketing, 54(8), 1856-1872. https://doi.org/10.1108/EJM-03-2019-0205
Ndlovu, T., & Sithole, S. (2020). Customer retention strategies in South Africa: A case study of Woolworths. African Journal of Business Management, 14(3), 180-192. https://doi.org/10.5897/AJBM2020.8941
Park, S., & Kim, J. (2019). Expectation-confirmation theory in the context of consumer satisfaction and repurchase intentions: Meta-analytic review. Journal of Retailing and Consumer Services, 50, 34-44. https://doi.org/10.1016/j.jretconser.2018.04.008
Perez, J., & Sanchez, D. (2018). Digital engagement and customer retention in developing economies. Journal of Business Research, 91, 258-267. https://doi.org/10.1016/j.jbusres.2018.06.023
Ryan, R. M., & Deci, E. L. (2020). Self-determination theory: Basic psychological needs in motivation, development, and wellness. Contemporary Educational Psychology, 61, 101860. https://doi.org/10.1016/j.cedpsych.2020.101860
Sari, D., & Nugroho, M. (2020). The effectiveness of loyalty points on customer retention in Indonesia: A study of Tokopedia. Journal of Consumer Marketing, 37(6), 520-532. https://doi.org/10.1108/JCM-11-2019-3472
Sharma, P., & Singh, R. (2018). Customer loyalty programs in Indian retail: A case study of Big Bazaar. Journal of Retailing and Consumer Services, 43, 188-196. https://doi.org/10.1016/j.jretconser.2018.03.011
Smith, J., & Jones, L. (2021). Leveraging data analytics for personalized fashion subscription services. Journal of Fashion Technology & Textile Engineering, 9(4), 112-128. https://doi.org/10.4172/2329-9568.1000171
Smith, J., & Taylor, R. (2019). Personalization in loyalty programs: The Woolworths Everyday Rewards case study. Australian Journal of Retailing, 45(2), 157-168. https://doi.org/10.1108/AJR-11-2018-0241
Smith, L., & Lee, M. (2021). Consumer retention in the age of fashion subscription services: Challenges and opportunities. Journal of Retail & Distribution Management, 49(8), 1125-1140. https://doi.org/10.1108/IJRDM-02-2021-0051
Smith, T., Johnson, K., & Brown, J. (2019). The role of customization in fashion subscription services. Journal of Retailing, 95(4), 58-74. https://doi.org/10.1016/j.jretai.2019.03.004
Williams, R., & Harris, L. (2020). Perceived value and consumer retention in fashion subscription services. Journal of Consumer Marketing, 37(4), 482-494. https://doi.org/10.1108/JCM-02-2020-3583
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2024 Ayaka Shimizu
This work is licensed under a Creative Commons Attribution 4.0 International License.
Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution (CC-BY) 4.0 License that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this journal.