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Key driver analysis with relative weight analysis: A two-step approach.

Authors :
Garver, Michael S.
Williams, Zachary
Source :
International Journal of Market Research; Nov2024, Vol. 66 Issue 6, p711-728, 18p
Publication Year :
2024

Abstract

Key driver analysis (statistically inferred importance analysis) is commonly implemented to understand what customer satisfaction attributes are most important in driving overall customer satisfaction. Building on prior research, this article suggests that dominance analysis and relative weight analysis are the most appropriate statistical techniques for conducting key driver analysis, yet relative weight analysis is the more feasible choice. A process is put forth so that research practitioners can conduct key driver analysis with relative weight analysis implementing a two-step approach. The two-step approach should be used when the key driver analysis contains a large number of attributes, which are theoretically redundant and highly correlated. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
14707853
Volume :
66
Issue :
6
Database :
Complementary Index
Journal :
International Journal of Market Research
Publication Type :
Academic Journal
Accession number :
180357789
Full Text :
https://doi.org/10.1177/14707853241251719