A Decision Modeling Study with Fuzzy Cognitive Mapping Method on Customers’ Brand Preferences Criteria in Telecommunications Industry

Fatih Iskender, Hatice Camgöz Akdağ*

*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

Brand is one of the most important parts of businesses and many elements are brought together to create a brand. In order for customers to prefer brands, businesses need to consider both customer general and specific expectations, focus on the right points and offer the most appropriate solution to customers because customers consider many factors when making their brand choices. The purpose of this study is to determine which areas the companies operating in the telecommunications sector should focus on according to customer expectations and criteria for brand preference by using the Fuzzy Cognitive Mapping (FCM) method. Customer expectations and criteria are obtained as a result of literature research. After the data are prepared, the most effective criteria are determined with the FCM method. In this study, it is determined that which areas the companies operating in the telecommunications sector should focus on according to customer expectations and criteria. FCM is very useful to decide in complex situations like this. The greatest limitation of this study is determining the customer criteria for brand preference. This study shows that FCM can be very useful to determine the most crucial customer expectations for telecommunications sector. In addition, FCM can be used in other sectors where customer expectations are very important and decisive, to prioritize customer brand preference criteria and to guide businesses.

Original languageEnglish
Title of host publicationTowards Industry 5.0 - Selected Papers from ISPR 2022
EditorsNuman M. Durakbasa, M. Güneş Gençyılmaz
PublisherSpringer Science and Business Media Deutschland GmbH
Pages51-64
Number of pages14
ISBN (Print)9783031244568
DOIs
Publication statusPublished - 2023
Event22nd International Symposium for Production Research, ISPR 2022 - Antalya, Turkey
Duration: 6 Oct 20228 Oct 2022

Publication series

NameLecture Notes in Mechanical Engineering
ISSN (Print)2195-4356
ISSN (Electronic)2195-4364

Conference

Conference22nd International Symposium for Production Research, ISPR 2022
Country/TerritoryTurkey
CityAntalya
Period6/10/228/10/22

Bibliographical note

Publisher Copyright:
© 2023, The Author(s), under exclusive license to Springer Nature Switzerland AG.

Keywords

  • Brand
  • Brand preference
  • FCM
  • Fuzzy cognitive mapping
  • Telecommunication

Fingerprint

Dive into the research topics of 'A Decision Modeling Study with Fuzzy Cognitive Mapping Method on Customers’ Brand Preferences Criteria in Telecommunications Industry'. Together they form a unique fingerprint.

Cite this