Quality - Value - Loyalty Chain outlines a conceptual model of service quality where delivering high quality leads to customer perceptions of value, which drives customer loyalty. Quality is determined by meeting customer expectations on reliability, responsiveness, assurance, empathy and tangibles. When quality exceeds expectations, customers perceive value, resulting in increased satisfaction and loyalty. Satisfied, loyal customers are less price sensitive and generate positive word-of-mouth, leading to new customer acquisition and retention of existing customers.
Quality - Value - Loyalty Chain outlines a conceptual model of service quality where delivering high quality leads to customer perceptions of value, which drives customer loyalty. Quality is determined by meeting customer expectations on reliability, responsiveness, assurance, empathy and tangibles. When quality exceeds expectations, customers perceive value, resulting in increased satisfaction and loyalty. Satisfied, loyal customers are less price sensitive and generate positive word-of-mouth, leading to new customer acquisition and retention of existing customers.
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Quality - Value - Loyalty Chain outlines a conceptual model of service quality where delivering high quality leads to customer perceptions of value, which drives customer loyalty. Quality is determined by meeting customer expectations on reliability, responsiveness, assurance, empathy and tangibles. When quality exceeds expectations, customers perceive value, resulting in increased satisfaction and loyalty. Satisfied, loyal customers are less price sensitive and generate positive word-of-mouth, leading to new customer acquisition and retention of existing customers.
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as PPTX, PDF, TXT or read online from Scribd