Week 11 + Ch 10 Flashcards
(10 cards)
Disconfirmation model theory
How satisfied you are depends on the difference between expected quality vs perceived quality
Positive/Negative confirmation meaning
Positive - expected worse, perceived better quality
Negative - expected better quality, perceived worse quality
What determines satisfaction throughout time
The peak and ending of the event’
Highly competetive zone in terms of loyalty
when very high satisfaction doesn’t cause in high loyalty [many substitutes, low cost of switching]
Non-competetive zone in terms of loyalty
When very high dissatisfaction doesn’t cause low loyalty [monopolies, high cost of switching, powerful loyalty programs]
Top dog vs Underdog
Top dog - market leader or brand with a large or the largest
market share.
Underdog - lower-share brand that is perceived to be doing
well despite the odds against it.
Disconfirmation meaning
Expectations not mach reality
Attribution theory questions:
- Locus (event cause by “self/consumer” or “other”
- Controllability (event controllable or not)
- Stability (event temporary or more permanent)
Equity theory
The extent to which the balance of exchanges between consumers and companies and among consumers is perceived to be fair.
Physical/Emotional detachment
Physically or emotionally disposing an item