Sunday, August 31, 2014

Mathematical Model of Multi-Attribute Attitude Model


Let us identify the attitude for Online Travel Portals. The consumers are asked to evaluate the following attributes for online travel portals for holiday planning; holiday options, fares and taxes, website, hidden costs, customer communications, local support, payment options, working flexibility and product delivery and grievance handling

Let us rate these attributes on a scale of 1 to 10 for evaluation of the attribute being good or bad i.e. E

 My ratings are:
The next task is to rate three brands of interest to determine whether the consumer believes each brand possesses each attribute (the BO).




 To calculate the attitude about each brand of Online Travel Portal, multiply the attribute evaluations time the brand’s rating and sum for each brand:
I got the following Attitude scores:
Makemytrip = 681
Cox & Kings = 658               
Kesari = 626

what about you?

Next: Extended Multi-Attribute Model

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