Driving share-of-wallet through customer satisfaction and brand preference

Date of publication: September 14, 2003

Abstract:

This paper examines the interaction between customer satisfaction and firm/brand preference and their moderating impact on share-of-wallet spending for a large financial institution and the fleet trucking industry.Share-of-wallet information is the proportion of the actual share of business in a category that customers allocate to competing firms.In both examples, satisfaction does, indeed, moderate the relationship between firm/brand preference and share of wallet. The results demonstrate the insights to be gained by both researchers and practitioners if they understand the interaction between satisfaction and firm/brand preference and use this to more accurately estimate actual share of wallet spending.

Heather Evans

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Terry G. Vavra

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Tiffany Perkins-Munn

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Timothy L. Keiningham

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John A. Theodore

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