More value for more satisfaction? The moderating role of the consumer’s accumulation of experience
Although the literature emphasizes the importance of perceived value in the analysis of consumer behavior, it is clear that perceived value does not always produce the desired effects in terms of satisfaction. In support of this observation, this article replicates and deepens the analysis of the moderating role of the accumulation of consumer experience on the links between perceived value and satisfaction. Accordingly, two studies (n1 = 1,140 and n2 = 437) mobilizing analytical measures of value (generic and contingent) were conducted in a context marked by frequent individual × object interactions: the audiovisual sector. The main finding of this research underlines that as past experiences of consuming a television (TV) program accumulate, the capacity of value to explain satisfaction decreases, while the levels of value and satisfaction associated with the program increase.