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The satisfaction of change = how kno...

Del Giudice, Manlio.

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The satisfaction of change = how knowledge and innovation overcome loyalty in decision-making processes /

Record Type:	Electronic resources : Monograph/item
Title/Author:	The satisfaction of change/ by Manlio Del Giudice, Maria Rosaria Della Peruta.
Reminder of title:	how knowledge and innovation overcome loyalty in decision-making processes /
Author:	Del Giudice, Manlio.
other author:	Della Peruta, Maria Rosaria.
Published:	Cham :Springer International Publishing : : 2017.,
Description:	xiii, 138 p. :ill., digital ;24 cm.
[NT 15003449]:	1. Definition and evolution of the variables in the model in marketing studies and research -- 2. A model of customer retention in business-intensive markets -- 3. Shopping scripts and resistance to change: an empirical verification in b2b digital markets -- 4. Managerial Implications of The Model and Final Insights.
Contained By:	Springer eBooks
Subject:	Consumer satisfaction. -
Online resource:	http://dx.doi.org/10.1007/978-3-319-41884-1
ISBN:	9783319418841

The satisfaction of change = how knowledge and innovation overcome loyalty in decision-making processes /
Del Giudice, Manlio.

The satisfaction of changehow knowledge and innovation overcome loyalty in decision-making processes /[electronic resource] :by Manlio Del Giudice, Maria Rosaria Della Peruta. - Cham :Springer International Publishing :2017. - xiii, 138 p. :ill., digital ;24 cm. - Palgrave studies in democracy, innovation, and entrepreneurship for growth. - Palgrave studies in democracy, innovation, and entrepreneurship for growth..

1. Definition and evolution of the variables in the model in marketing studies and research -- 2. A model of customer retention in business-intensive markets -- 3. Shopping scripts and resistance to change: an empirical verification in b2b digital markets -- 4. Managerial Implications of The Model and Final Insights.

This book analyzes the impact of the digital economy on customer satisfaction, shopping experience, resistance to change, script theory, and loyalty. The model introduced assumes that online markets have led to a redefinition of the concepts of loyalty and shopping scripts as a way to reduce customers' cognitive effort, by optimizing purchase time and increasing the speed and satisfaction of the shopping experience. It describes the utility function of the script by retaining customer loyalty and making the customer more reluctant to abandon his regular supplier. It also explores the difficulty faced by the higher churn rate on the Internet and the minimization of search costs, by integrating more functionality to achieve the ultimate goal of behavioral and cognitive loyalty. The authors provide an analysis in a "digital" view of the economic theory of switching costs and the resulting lock-in mechanisms which, in a classical economy, are often a barrier to disloyalty. It is a useful and effective tool for online businesses, their main managerial and strategic implications, and the adaptability to existing contexts.

ISBN: 9783319418841

Standard No.: 10.1007/978-3-319-41884-1doiSubjects--Topical Terms:

578584
Consumer satisfaction.

LC Class. No.: HF5415.335 / .D45 2017

Dewey Class. No.: 658.812

The satisfaction of change = how knowledge and innovation overcome loyalty in decision-making processes /
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520 $a This book analyzes the impact of the digital economy on customer satisfaction, shopping experience, resistance to change, script theory, and loyalty. The model introduced assumes that online markets have led to a redefinition of the concepts of loyalty and shopping scripts as a way to reduce customers' cognitive effort, by optimizing purchase time and increasing the speed and satisfaction of the shopping experience. It describes the utility function of the script by retaining customer loyalty and making the customer more reluctant to abandon his regular supplier. It also explores the difficulty faced by the higher churn rate on the Internet and the minimization of search costs, by integrating more functionality to achieve the ultimate goal of behavioral and cognitive loyalty. The authors provide an analysis in a "digital" view of the economic theory of switching costs and the resulting lock-in mechanisms which, in a classical economy, are often a barrier to disloyalty. It is a useful and effective tool for online businesses, their main managerial and strategic implications, and the adaptability to existing contexts.
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