1. © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Chapter 14 Consumption to Satisfaction

2. © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Learning Outcomes Gain an appreciation of the link from consumption to value to satisfaction Discuss the relative importance of satisfaction and value in consumer behavior Know that emotions other than satisfaction can affect postconsumption behavior

3. © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Learning Outcomes Use expectancy disconfirmation, equity, and attribution theory approaches to explain consumers’ postconsumption reactions Understand problems with commonly applied satisfaction measures Describe some ways that consumers dispose of products

4. © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.

5. Consumption and Product Classification Durable goods - Goods that are consumed over long periods of time Nondurable goods - Goods consumed quickly Consumption frequency - Number of times a product or service is consumed in a given time period

6. © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Situations and Consumer Reactions Temporal factorsAntecedent conditionsPhysical environment

7. © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Meaning Transference Process through which cultural meaning is transferred to a product and onto the consumer

8. © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.

9. Consumer Satisfaction and Dissatisfaction Consumer satisfaction - Mild, positive emotional state resulting from a favorable appraisal of a consumption outcome Consumer dissatisfaction - Mild, negative affective reaction resulting from an unfavorable appraisal of a consumption outcome

10. © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Theories of Consumer Satisfaction Expectancy/disconfirmation theory Equity theory Attribution theory

11. © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.

12. Expectations PredictiveNormativeIdealEquitable

13. © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Attribution Theory and Consumer Satisfaction Three key elements to the attribution theory – Locus - Judgments of who is responsible for an event – Control - The extent to which an outcome was controllable or not – Stability - The likelihood that an event will occur again

14. © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Cognitive Dissonance Lingering doubts about a decision that has already been made Conditions – Consumer is aware that there are many attractive alternatives – Decision is difficult to reverse – Decision is important and involves risk – Consumer has low self-confidence

15. © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. Satisfaction/Dissatisfaction Measures Direct, Global MeasureAttribute-SpecificDisconfirmation

16. © 2014 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.

17. Disposal Decisions Consumer refuse - Packaging that is no longer necessary for consumption to take place or the actual good that is no longer providing value to the consumer Disposal alternatives available – Trashing – Recycling – Converting – Trading – Donating – Reselling