The market share impact of service failures
成果类型:
Article
署名作者:
Hays, JM; Hill, AV
署名单位:
University of Minnesota System; University of Minnesota Twin Cities
刊物名称:
PRODUCTION AND OPERATIONS MANAGEMENT
ISSN/ISSBN:
1059-1478
发表日期:
1999
页码:
208-220
关键词:
service recovery
complaint management
customer satisfaction
service guarantees
摘要:
This paper develops a simple but powerful model that relates service satisfaction/dissatisfaction to market share. The model is based on an intuitive service satisfaction framework that relates three service system parameters (service success rate, complaint rate, and service recovery rate) to the percent of satisfied customers. A dynamic model is then posited that relates the defection rate and the addition rate to marker share changes. The service satisfaction/market share model yields useful insights into how market share is influenced by these service system parameters. The surprisingly simple model predicts changes in market share due to changes in customer satisfaction.