The Influence of Mobile Phone Marketing Uses on Performance of Commercial Banks in Mwanza City, Tanzania

This paper aimed at examining the influence of mobile phone marketing uses on performance of commercial banks in Mwanza City, Tanzania. The study employed a positivist philosophy and quantitative approach also cross-sectional research. This study used the sample of 132 employees. Data collection was done through structured questionnaires, and secondary data was used to validate the findings. The analysis was conducted using SPSS, with a high Cronbach Alpha coefficient of 0.8 confirming the reliability of the research instruments, and ethical considerations such as confidentiality and voluntary participation were upheld throughout the study. The findings revealed that mobile phone marketing (MPM) has a moderate yet statistically significant impact on bank performance, explaining approximately 18.7% of the variance, with improved customer engagement and satisfaction linked to mobile marketing efforts. However, other factors also influence bank performance, and potential autocorrelation issues were identified, suggesting the model's predictive accuracy may be affected. The study concluded that while mobile marketing is a valuable tool for improving bank performance, it should be integrated into a broader strategy that includes other marketing and operational factors. The study recommended that banks continue optimizing mobile marketing strategies while complementing them with personalized promotions, customer service improvements, and expanding mobile banking offerings to underserved populations.

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Publication Details

Journal
Zenodo (CERN European Organization for Nuclear Research)
Published
2024-12-12
DOI
https://doi.org/10.5281/zenodo.14413280
Primary Topic
Technology Adoption and User Behaviour
Type
article
Field-Weighted Citation Impact
0.00
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article

The Influence of Mobile Phone Marketing Uses on Performance of Commercial Banks in Mwanza City, Tanzania

Zenodo (CERN European Organization for Nuclear Research)
Technology Adoption and User Behaviour
article

The Influence of Mobile Phone Marketing Uses on Performance of Commercial Banks in Mwanza City, Tanzania

article en

Abstract

This paper aimed at examining the influence of mobile phone marketing uses on performance of commercial banks in Mwanza City, Tanzania. The study employed a positivist philosophy and quantitative approach also cross-sectional research. This study used the sample of 132 employees. Data collection was done through structured questionnaires, and secondary data was used to validate the findings. The analysis was conducted using SPSS, with a high Cronbach Alpha coefficient of 0.8 confirming the reliability of the research instruments, and ethical considerations such as confidentiality and voluntary participation were upheld throughout the study. The findings revealed that mobile phone marketing (MPM) has a moderate yet statistically significant impact on bank performance, explaining approximately 18.7% of the variance, with improved customer engagement and satisfaction linked to mobile marketing efforts. However, other factors also influence bank performance, and potential autocorrelation issues were identified, suggesting the model's predictive accuracy may be affected. The study concluded that while mobile marketing is a valuable tool for improving bank performance, it should be integrated into a broader strategy that includes other marketing and operational factors. The study recommended that banks continue optimizing mobile marketing strategies while complementing them with personalized promotions, customer service improvements, and expanding mobile banking offerings to underserved populations.

Zenodo (CERN European Organization for Nuclear Research)
St. Augustine University of Tanzania (TZ)
Openalex Percentile: Top 24%
Technology Adoption and User Behaviour
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