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- Fair vs. Cheap: Balancing Pricing and Trust - J. D. Power
How does raising premiums influence trust? Affordability is just one piece of the puzzle when it comes to the relationship between price and trust Once a customer is onboarded, during the life of their policy, as we’ve seen more recently, premiums may increase
- Consumers redefine affordability, loyalty and trust | EY - US
They have redefined consumer affordability, brand loyalty and trust, requiring retailers and brands to adapt their operations and focus on price, product assortment and data, with AI playing a crucial role
- The effect of trust on economic performance and financial . . .
The key takeaways from this study are that trust affects both income and financial access in a non-linear (inverse-U-shaped) way and that optimal trust levels for income and financial access increase with economic development
- Factors that affect consumer trust in product quality: a . . .
This study analyzes the marginal willingness to pay for attributes that influence consumer trust and purchasing decisions regarding products whose quality can only be determined after they are
- Measuring price fairness and its impact on consumers’ trust . . .
First, it aims to develop a reliable and valid measurement scale for price fairness in microfinance Second, following the equity and social exchange theories, it tests the impact of price fairness on consumers’ trust and switching intentions
- FOSTERING TRANSPARENCY IN OUTCOMES, QUALITY, SAFETY, AND COSTS
Patients, clinicians, payers, and purchasers need measures of absolute and relative performance to facilitate informed choice of providers, innovative benefit designs and provider networks, and alternative payment methods that support quality improvement and greater affordability (Damberg et al , 2011) With transparency of performance results
- Economic, social, and regulatory influences on the uptake of . . .
Affordability had a significant positive influence on trust with a regression coefficient of 0 318, (p-value = 0 003) These results suggest that a unit increase in affordability will result in trust improving by approximately 0 318 units
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