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This chapter from the marketing textbook 'babin/harris: marketing', focuses on consumer relationships. It covers the behavioral outcomes of consumption, why consumers complain and the impact on marketing firms, the concept of switching costs, the components of true consumer loyalty, and the role of value in shaping loyalty. The text also discusses handling service complaints effectively and the importance of positive and negative word-of-mouth.
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List and define the behavioral outcomes of consumption. Understand why consumers complain and know the ramifications of complaining behavior for a marketing firm. Use the concept of switching costs to understand why consumers do or do not repeat purchase behavior. Describe each component of true consumer loyalty. Understand the role that value plays in shaping loyalty and building consumer relationships.
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LO^1 Exhibit 15.1: A More Detailed Look at Postconsumption Reactions
Understand why consumers complain and know the behavior for a marketing firm.^ ramifications of complaining
Understand why consumers complain and know the behavior for a marketing firm.^ ramifications of complaining
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Use the concept of switching costs to understand why consumers do or do not repeat purchase behavior.
Use the concept of switching costs to understand why consumers do or do not repeat purchase behavior.
© 2009 South-Western, a division of Cengage Learning. 15- 11
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A loyal Dunkin’ Donuts customer who changes to Krispy Kreme faces a switching cost of unfamiliarity with the doughnut selection.
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LO^3 Exhibit 15.3: Factors Contributing to Switching Costs
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Businesses often try to build in switching costs to their products as a way of making it more difficult for competitors to compete successfully for business.
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LO^4 Exhibit 15.8 Value Types and Loyalty
Understand the role that value plays in shaping loyalty and building consumer relationships.
Understand the role that value plays in shaping loyalty and building consumer relationships.