ConceptFRAMEWORK
Perceived quality
Perceived quality is quality as the buyer experiences and expects it, which can diverge considerably from technically measured quality. Buyers cannot judge most product attributes and therefore lean on signals: price, packaging, design, brand reputation, country of origin, the solidity of a click. In classic brand thinking perceived quality is a core dimension of brand equity, and the base under premium prices. The practical consequence is twofold: real quality is necessary but not sufficient, because it must be made perceivable; and neglecting quality signals means giving away quality you actually deliver.
Covered in
F5
F5-01 What is Brand Equity?§ 3. The Consumer Perspective: Brand Equity Lives in Minds
F5-11 Brand Health Measurementstill locked
F5-13 Brand Valuation & the CFO Conversationstill locked
F5-14 Integration: the brandstill locked
F2
F2-03 Heuristics and Cognitive Biasesstill locked
F2-08 Price Perception and Behavioural Economicsstill locked
F2-09 The Logic of the Irrationalstill locked
F2-12 Integration: the consumerstill locked
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F3
F3-01 What Market Research Actually Is§ Part 4: Research Design -- The Three Types
F6
Related concepts
Sources
- David A. Aaker (1991)
Machine-written definition; editorial curation in progress.