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Factors influencing the likelihood of customer defection: the role of consumer knowledge

Srivastava, Rajendra K. - ; Capraro, Anthony J. - ; Broniarczyk, Susan - ;

Customer satisfaction is the predominant metric firms use for detecting and managing customers' likelihood to defect. However, while satisfaction and defection are related, satisfaction is only a weak predictor of whether a customer will defect. A study suggests that for repurchase decisions that involve an information-based evaluation of alternatives to the incumbent, likelihood of defection will be influenced by how much customers know about those alternatives. The relationship between level of knowldge about alternatives and defection is examined in the context of actual health insurance choices. Results suggest that the level of objective and subjective knowledge about alternatives has a direct effect on the likelihood of defection - above and beyond satisfaction level. The view of defection forwarded suggests that managers may be able to gain additional control over customer defection through actions airmed at influencing how much customers know - or come to know - about alternative vendors.Printed Journal


Ketersediaan

Call NumberLocationAvailable
PSB lt.dasar - Pascasarjana1
Penerbit: Academy of Marketing Science
Edisi-
SubjekModels
Health insurance
Customer Satisfaction
Customer Retention
studies
Cognition & reasoning
ISBN/ISSN920703
Klasifikasi-
Deskripsi Fisik-
Info Detail Spesifik-
Other Version/RelatedTidak tersedia versi lain
Lampiran BerkasTidak Ada Data

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