earticle

영어

This study investigated the influences of competitors' prices on service customers' perception of price fairness. It was hypothesized that competitors' prices act as an anchor when customers perceive the fairness of service prices and that their influences are escalated when the competing brand's prestige and the similarity between brands increase. The results show a strong evidence that service customers' perceptions of price fairness rely on the level of competitors' prices and the influences of competitors' prices are moderated by the similarities between the target brand and the competing brands. No significant moderating effects of brand prestige have been found. The results of this research indicate that service customers' perceptions of price fairness lead to service value perceptions, highlighting the importance of price fairness concept in services marketing.