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Printable Handouts
Navigable Slide Index
- Introduction
- Behavioural consequences of satisfaction
- Dissatisfaction produces opposite behaviours
- Satisfaction: what is measured?
- Features of the satisfaction attitude
- Does satisfaction relate to retention?
- Dissatisfaction is related to defection
- The retrospective nature of satisfaction
- Inability to anticipate failures that induce defection
- Satisfaction measure is not related to alternatives
- Customers may lack choice about switching
- Example: reasons for supermarket defection
- Dissatisfaction and defection: strong relationship
- Satisfaction/dissatisfaction: not equally common
- The rarity of negative experience affects its impact
- New research
- Measures
- Findings
- Findings on the bases of loyalty behaviour
- Predictions based on relative attitude
- Further work
- Implications
- Satisfaction and company performance
- Research on link between satisfaction and profit
- How satisfaction could raise profit
- Which is the main route to increased profits?
- Invest in the satisfactory companies
- ASCI measures are firm-level
- Evidence on complaining
- People may both complain and defect
- What affects complaining
- Complaint policy
- Investigating consumer dissatisfaction
- Managing consumer dissatisfaction
- Review: what satisfaction/dissatisfaction predict
- Review: satisfaction and retention
- Review: impact on profit
- Review: dissatisfaction and defection
- Review: complaining
- Further reading
Topics Covered
- Retention/defection, positive and negative word of mouth to other consumers, and compliment and complaint to suppliers
- There is a weak correlation between satisfaction and retention
- Stronger correlation between dissatisfaction and defection
- Satisfaction usually predicts word of mouth quite strongly
- New research confirms these patterns and explanations are given
- Satisfaction is linked to later company performance and share price rise but it is not clear yet how these changes come about
- Dissatisfaction lies behind complaining but other factors are involved
- Managerial implications of this work
Talk Citation
East, R. (2008, March 1). Satisfaction's consequences [Video file]. In The Business & Management Collection, Henry Stewart Talks. Retrieved November 22, 2024, from https://doi.org/10.69645/DJGU4749.Export Citation (RIS)