Brand loyalty in the face of stockouts

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Main Authors: Uzma, Khan, Alexander, DePaoli
Format: Book
Language:English
Published: Springer 2023
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Online Access:https://link.springer.com/article/10.1007/s11747-023-00924-8
https://dlib.phenikaa-uni.edu.vn/handle/PNK/8434
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spelling oai:localhost:PNK-84342023-05-11T01:40:25Z Brand loyalty in the face of stockouts Uzma, Khan Alexander, DePaoli stockout important managerial challenge CC BY An important managerial challenge is understanding consumers’ reactions to stockouts of a desired product―will they stay brand loyal or switch to competing brands? We posit that consumers are more likely to prefer substitutes from the same brand when a stockout is unexpected (vs. expected). This tendency arises as consumers feel greater negative affect upon encountering an unexpected stockout, which leads them to choose alternatives that provide greater affective value to ameliorate their negative feelings. Since the brand is a relatively affect-rich attribute compared to common non-brand attributes (e.g., price and quantity), consumers facing an unexpected stockout are more likely to choose a same-brand substitute. Five studies illustrate the effect and support the process by demonstrating that unexpected stockouts do not result in brand loyalty when non-brand attributes offer greater affective value than the brand. We further show that managers systematically mispredict how consumers’ expectations of stockouts relate to brand loyalty. 2023-05-11T01:40:25Z 2023-05-11T01:40:25Z 2023 Book https://link.springer.com/article/10.1007/s11747-023-00924-8 https://dlib.phenikaa-uni.edu.vn/handle/PNK/8434 en application/pdf Springer
institution Digital Phenikaa
collection Digital Phenikaa
language English
topic stockout
important managerial challenge
spellingShingle stockout
important managerial challenge
Uzma, Khan
Alexander, DePaoli
Brand loyalty in the face of stockouts
description CC BY
format Book
author Uzma, Khan
Alexander, DePaoli
author_facet Uzma, Khan
Alexander, DePaoli
author_sort Uzma, Khan
title Brand loyalty in the face of stockouts
title_short Brand loyalty in the face of stockouts
title_full Brand loyalty in the face of stockouts
title_fullStr Brand loyalty in the face of stockouts
title_full_unstemmed Brand loyalty in the face of stockouts
title_sort brand loyalty in the face of stockouts
publisher Springer
publishDate 2023
url https://link.springer.com/article/10.1007/s11747-023-00924-8
https://dlib.phenikaa-uni.edu.vn/handle/PNK/8434
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