Effect of marketing mix strategy on physician satisfaction in the Yemeni pharmaceutical industry : perceived value as a mediator

This research explores the relationship between marketing mix strategy (MMS) and the perceived value of physician satisfaction in the Yemeni pharmaceutical industry. The research framework was developed on the basis of extensive previous studies. The research model incorporated key MMS elements,...

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Main Author: Mohsen Ali, Ahmed Murshid
Format: Thesis
Language:English
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Online Access:http://dspace.unimap.edu.my:80/xmlui/bitstream/123456789/63440/1/Page%201-24.pdf
http://dspace.unimap.edu.my:80/xmlui/bitstream/123456789/63440/2/Full%20text.pdf
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spelling my-unimap-634402019-11-29T03:42:18Z Effect of marketing mix strategy on physician satisfaction in the Yemeni pharmaceutical industry : perceived value as a mediator Mohsen Ali, Ahmed Murshid This research explores the relationship between marketing mix strategy (MMS) and the perceived value of physician satisfaction in the Yemeni pharmaceutical industry. The research framework was developed on the basis of extensive previous studies. The research model incorporated key MMS elements, such as product, price, place, and promotion, and investigated the effect of these variables on perceived value and physician satisfaction. Perceived value is considered a critical antecedent to physician satisfaction. Perceived value denotes the total measure of perceived quality and perceived sacrifice of physicians and is a critical mediating influence between MMS and physician satisfaction in the phannaceutical industry. A total of 500 questionnaires were randomly distributed to physicians. Data collection was self-administered, and a total of 170 questionnaires were returned and analyzed by using SPSS software 19. The usable response rate was 34 %. Several statistical techniques were perfonned including reliability, factor analysis, Pearson's correlation, multiple regression analyses, and hierarchical regressions to examine the mediation effect of the perceived value. Exploratory factor analysis with principal component method and reliability analysis were used to test the validity of the instrument. Correlation analysis indicated that the relationships among MMS elements, perceived value, and physician satisfaction were significant. Multiple regression analyses results showed that MMS elements, namely, product, price, place, and promotion significantly contributed to physician satisfaction. The results also indicated that MMS elements, namely, price, place, and promotion significantly contributed to perceived value, whereas product showed an insignificant contribution. Finally, the perceived value significantly contributed to physician satisfaction. Hierarchical regression results indicated that perceived value partially mediated the relationship among MMS elements, namely, price, place, promotion, and physician satisfaction. Product variable was excluded in hierarchical analyses because the variable was insignificant to perceived value as a mediator variable. Key benefits for academia, managers, and practitioners were discussed under practical and theoretical implications, and suggestions for future research were recommended. Universiti Malaysia Perlis (UniMAP) 2014 Thesis en http://dspace.unimap.edu.my:80/xmlui/handle/123456789/63440 http://dspace.unimap.edu.my:80/xmlui/bitstream/123456789/63440/1/Page%201-24.pdf ca76f385abfdab6d832121dfa4d016af http://dspace.unimap.edu.my:80/xmlui/bitstream/123456789/63440/2/Full%20text.pdf e7494469543dd4a53143e00902e58756 http://dspace.unimap.edu.my:80/xmlui/bitstream/123456789/63440/3/license.txt 8a4605be74aa9ea9d79846c1fba20a33 Marketing Pharmaceutical industry Marketing mix strategy (MMS) Pharmaceutical industry -- Yemen School of Business Innovation and Technopreneurship
institution Universiti Malaysia Perlis
collection UniMAP Institutional Repository
language English
topic Marketing
Pharmaceutical industry
Marketing mix strategy (MMS)
Pharmaceutical industry -- Yemen
spellingShingle Marketing
Pharmaceutical industry
Marketing mix strategy (MMS)
Pharmaceutical industry -- Yemen
Mohsen Ali, Ahmed Murshid
Effect of marketing mix strategy on physician satisfaction in the Yemeni pharmaceutical industry : perceived value as a mediator
description This research explores the relationship between marketing mix strategy (MMS) and the perceived value of physician satisfaction in the Yemeni pharmaceutical industry. The research framework was developed on the basis of extensive previous studies. The research model incorporated key MMS elements, such as product, price, place, and promotion, and investigated the effect of these variables on perceived value and physician satisfaction. Perceived value is considered a critical antecedent to physician satisfaction. Perceived value denotes the total measure of perceived quality and perceived sacrifice of physicians and is a critical mediating influence between MMS and physician satisfaction in the phannaceutical industry. A total of 500 questionnaires were randomly distributed to physicians. Data collection was self-administered, and a total of 170 questionnaires were returned and analyzed by using SPSS software 19. The usable response rate was 34 %. Several statistical techniques were perfonned including reliability, factor analysis, Pearson's correlation, multiple regression analyses, and hierarchical regressions to examine the mediation effect of the perceived value. Exploratory factor analysis with principal component method and reliability analysis were used to test the validity of the instrument. Correlation analysis indicated that the relationships among MMS elements, perceived value, and physician satisfaction were significant. Multiple regression analyses results showed that MMS elements, namely, product, price, place, and promotion significantly contributed to physician satisfaction. The results also indicated that MMS elements, namely, price, place, and promotion significantly contributed to perceived value, whereas product showed an insignificant contribution. Finally, the perceived value significantly contributed to physician satisfaction. Hierarchical regression results indicated that perceived value partially mediated the relationship among MMS elements, namely, price, place, promotion, and physician satisfaction. Product variable was excluded in hierarchical analyses because the variable was insignificant to perceived value as a mediator variable. Key benefits for academia, managers, and practitioners were discussed under practical and theoretical implications, and suggestions for future research were recommended.
format Thesis
author Mohsen Ali, Ahmed Murshid
author_facet Mohsen Ali, Ahmed Murshid
author_sort Mohsen Ali, Ahmed Murshid
title Effect of marketing mix strategy on physician satisfaction in the Yemeni pharmaceutical industry : perceived value as a mediator
title_short Effect of marketing mix strategy on physician satisfaction in the Yemeni pharmaceutical industry : perceived value as a mediator
title_full Effect of marketing mix strategy on physician satisfaction in the Yemeni pharmaceutical industry : perceived value as a mediator
title_fullStr Effect of marketing mix strategy on physician satisfaction in the Yemeni pharmaceutical industry : perceived value as a mediator
title_full_unstemmed Effect of marketing mix strategy on physician satisfaction in the Yemeni pharmaceutical industry : perceived value as a mediator
title_sort effect of marketing mix strategy on physician satisfaction in the yemeni pharmaceutical industry : perceived value as a mediator
granting_institution Universiti Malaysia Perlis (UniMAP)
granting_department School of Business Innovation and Technopreneurship
url http://dspace.unimap.edu.my:80/xmlui/bitstream/123456789/63440/1/Page%201-24.pdf
http://dspace.unimap.edu.my:80/xmlui/bitstream/123456789/63440/2/Full%20text.pdf
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