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Introduction
Customers’ perceptions of product quality—as opposed to objective quality—
drive preferences and consequently satisfaction, loyalty, sales and protability.
Debanjan Mitra and Peter N. Golder, “Customer Perceptions of
Product Quality: A Longitudinal Study,” Marketing Science Institute,
Issue 4, No. 05-004, 2005
As Dr. Phil, the TV personality, rightly puts it: ere is no reality, only per-
ception. e way your customers view quality is really only a reection of
their interactions with you and do not necessarily mirror the actual quality
embedded within your products or services. Customers may already have
impressions about you