Principles of Marketing

study guides for every class

that actually explain what's on your next test

Consumer Expectation

from class:

Principles of Marketing

Definition

Consumer expectation refers to the set of beliefs and anticipations that customers hold about the performance, features, and quality of a product or service before making a purchase. It is a crucial factor in the evaluation of service quality within the Gap Model of Service Quality.

congrats on reading the definition of Consumer Expectation. now let's actually learn it.

ok, let's learn stuff

5 Must Know Facts For Your Next Test

  1. Consumer expectations are shaped by past experiences, word-of-mouth, marketing communications, and personal needs.
  2. Unmet consumer expectations can lead to customer dissatisfaction and negatively impact the perceived quality of a service.
  3. Managing consumer expectations is crucial for service providers to align their service delivery with customer needs and preferences.
  4. The Gap Model of Service Quality highlights the importance of understanding and closing the gap between customer expectations and perceptions of the actual service received.
  5. Regularly monitoring and adjusting consumer expectations is essential for maintaining a high level of service quality and customer satisfaction.

Review Questions

  • Explain how consumer expectations are formed and how they influence the evaluation of service quality.
    • Consumer expectations are shaped by a variety of factors, including past experiences, word-of-mouth, marketing communications, and personal needs. These expectations serve as a benchmark against which customers evaluate the actual service they receive. When the perceived service falls short of their expectations, it can lead to customer dissatisfaction and negatively impact the overall perceived quality of the service. Understanding and managing consumer expectations is, therefore, a critical aspect of the Gap Model of Service Quality, as it helps service providers align their service delivery with customer needs and preferences.
  • Describe the role of consumer expectations in the Gap Model of Service Quality and how it relates to the other gaps identified in the model.
    • In the Gap Model of Service Quality, consumer expectations represent the first gap, known as the Customer Gap. This gap refers to the difference between the customer's expected service and their perception of the actual service received. The other gaps in the model, such as the Knowledge Gap, Standards Gap, and Delivery Gap, all contribute to the Customer Gap by influencing the customer's expectations and perceptions of the service. Effectively managing consumer expectations is crucial for service providers to close these gaps and deliver a high-quality service that meets or exceeds customer requirements.
  • Evaluate the importance of continuously monitoring and adjusting consumer expectations in the context of maintaining a high level of service quality and customer satisfaction.
    • Continuously monitoring and adjusting consumer expectations is essential for service providers to maintain a high level of service quality and customer satisfaction. As customer needs and preferences evolve over time, it is crucial for service providers to stay attuned to these changes and adapt their service delivery accordingly. By regularly gathering feedback, analyzing market trends, and proactively managing consumer expectations, service providers can ensure that their service offerings align with the needs and preferences of their target customers. This, in turn, helps to minimize the Customer Gap and other gaps identified in the Gap Model of Service Quality, ultimately leading to increased customer satisfaction, loyalty, and a sustainable competitive advantage.

"Consumer Expectation" also found in:

© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.
Glossary
Guides