Abstract:
Objectives of this study are (1) to evaluate consumer characteristics, marketing mix, and consumer behavior towards the decision to use services of Islamic Bank of Thailand in
Rama9 area, Bangkok, (2) to assess the relationship of consumer characteristics and marketing mix how they affect consumer behavior in the decision to use services of Islamic Bank of Thailand in Rama9 area, Bangkok, and (3) to point out problems and to hear suggestions from consumer concerning services of Islamic Bank of Thailand in Rama9 area, Bangkok.
318 samples are drawn from customers who use deposit service with Islamic Bank of Thailand in Rama9 area, Bangkok in April 2017. Questionnaire is used as a tool for data collection. Data is then analyzed using statistical package. Statistics applied to the study is percentage, mean, standard deviation, and analysis using Pearsons chi-squared test (x2)
The studys findings are as follows:
1. Demographic data reveals that most of the samples are female, aged 31-40, graduated Bachelors degree, married, earning income from self-employed or trader occupation, having less than 5 members in the family, and earning monthly income of 20,000-30,000 Baht.
2. Consumer behavior shows that most customers use the services of Islamic Bank of Thailand in Rama 9 area, Bangkok at a frequency of 1-2 times a month, time of using the services is between 8.30-11.30 a.m., deposit and transfer are the types of service mostly used, most customers use over the bank counter mode of service, and the reason that most customers use the service of Islamic Bank of Thailand in Rama9 area, Bangkok is because their employer pay them through the bank.
3. Marketing mix factors highly influence consumers decision in using services of Islamic Bank of Thailand in Rama9 area, Bangkok.
4. Assessment of relationship between marketing mix factors and consumer behavior shows that marketing mix in general does not have relationship with consumer behavior in using services of Islamic Bank of Thailand in Rama9 area, Bangkok. However, when separately analyzed, mode of service has relationship with all elements of marketing mix.
5. Problems faced by customers of Islamic Bank of Thailand in Rama9 area,
Bangkok are incomprehensive scope of financial services, complicated service procedures, and complex measures for approval of credit line.
6. There are useful suggestions from customers of Islamic Bank of Thailand in
Rama9 area, Bangkok. The bank should pay attention to offering wide variety of financial services just like other commercial banks. These services are domestic and international money transfer and foreign exchange. Further, the bank should simplify conditions for credit line application such as type of collateral and documents required.