Sarah Roche The University of Texas at San Antonio Department of Marketing One UTSA Circle San Antonio, TX 78249 P: (210) 232-1103 F: (210) 458-6335 Sarah.Roche@utsa.edu EDUCATION Ph.D. Business Administration (Major: Marketing), 2015 (expected) The University of Texas at San Antonio B.A. Marketing, summa cum laude, 2010 (Honors) St. Mary’s University ACADEMIC HONORS AND AWARDS Research Assistantship, The University of Texas at San Antonio (UTSA), 2011-present Graduate Student Professional Development Award, UTSA, Spring 2014 Nominated & Accepted to Attend Marketing & Public Policy Doctoral Symposium, May (2014) Phi Kappa Phi Member (Top 10% in graduate school), 2014-present Greehey Scholars Program, St. Mary’s University, 2007-2010 2010 Outstanding Student Award (Marketing Department), St. Mary’s University 2010 Beta Gamma Sigma, St. Mary’s University, 2009 TEACHING HONORS AND AWARDS Winner of Graduate Student Teaching Award, UTSA, Spring 2014 First place in the uSamp Outstanding Teacher-Scholar Doctoral Student Competition (Marketing Management Association Conference, September 2014) RESEARCH INTERESTS Experiential Consumption, Materialism, Loneliness, Consumer Happiness, Purchase Satisfaction, Conspicuous Consumption, Frugality, Risk Seeking, Maximizers My research interests fall into two categories. First, I want to expand current research on the differences between experiential (e.g. vacation) and material purchases (e.g. new car). What makes them different? For whom are experiential purchases the most beneficial? Why do some consumers seem to reject the experiential recommendation (that experiences make us happier in Roche 2 the long-run) and continually choose to spend their disposable income on material purchases? Second, I examine consumer decision-making patterns that are sub-optimal, particularly in the sense of failing to maximize the consumer’s happiness and financial well-being. This often overlaps with my other interest, as overvaluation of material purchases is one type of consumption pattern that systematically leads to “sub-optimal” happiness. How can we encourage experiential consumption? What choices lead to the most long-term happiness or best financial outcomes? Who gets the most out of experiential purchases? DISSERTATION Committee: David Silvera (Chair), Jill Sundie, Kristina Durante, and Dengfeng Yan Proposal Defense Completed August, 2014 Essay 1 (4 studies complete). Target: Journal of Consumer Research. “Experiential or Material? That is the Question.” Essay 1 is the first research in our field to look at who chooses to buy into the experiential recommendation (recommendation to buy experiences over material possessions). Belk, Van Boven, Gilovich, and others have sparked an uprising against the material world that sets out to demonstrate that our experiential purchases pave the yellow brick road to happiness. Despite such empirical evidence supporting the benefits of experiences, consumers often seem to stray from the experiential recommendation and buy into material purchases that result in less than optimal long-term happiness. My dissertation is the first to examine why some consumers continually stray and lose out on potential happiness, by choosing the path of material possessions and attachment. First, I examine the ‘future value’ of experiences, in which I use latent growth modeling to examine the idea that experiential purchases not only experience less hedonic adaptation than material purchases but actually can gain in happiness post-purchase, as many of the benefits of experiences are not realized until post-purchase experience. Based on this finding, I plan to use psychological distance to examine why a more distant psychological perspective enhances the ability to ‘see’ the future value of experiences and buy into the experiential recommendation. Furthermore, I demonstrate how those that are chronically in a state of closer/short psychological perspective (faster life history strategy) are less likely to buy into the experiential recommendation. Those with faster life history strategies (across 2 studies) rate experiences (versus material purchases) as having less potential to contribute to their life happiness and, therefore, choose to spend their disposable income on more material purchases than those with slower life history strategies. Essay 2 (5 studies completed). Target: Journal of Consumer Research. “Never Truly Alone: Loneliness, Gender, and Experiential versus Material Attachment” While my first essay examines who buys into the experiential recommendation, my second essay looks at post-purchase consumer attachment. I examine attachment to material versus experiential purchases. Much work has been done on the extended self 2 Roche 3 and material purchase attachment, yet there has been a lack of empirical work on material versus experiential attachment. Just as some consumers have higher material purchase attachment tendencies (Ferraro et al. 2011), so should there be varying degrees of tendency to attach to experiential purchases. In particular, this essay focuses on how gender and loneliness combine to predict attachment to material and experiential purchases. I find that non-lonely women attach more to experiential purchases, and non-lonely men attach more to their material purchases. But, when primed with loneliness, women are more likely to attach to material purchases, whereas men tend to attach more to experiential purchases (2 studies). I find that these interaction effects are driven by perceptions of the social value of one’s purchases. When lonely, women tend to perceive their material purchases as better social tools or cues, whereas men tend to perceive their experiential purchases as having more social value, and therefore attach themselves to such purchases (3 mediation studies). This inherently leads women into a type of selffulfilling prophecy, where their material attachment increases the chances that they will continue to consume material purchases (over experiential ones) and, therefore, continue to feel socially insufficient. Proposed study 6 will examine this final hypothesis (given previous work on materialism and the stigmas associated with such individuals; Campbell et al. 2010). SELECTED WORK IN PROGRESS Roche, Sarah, Sommer Kapitan & David Silvera, “Taking a Gamble on Life: Consumer Risk Seeking for Experiences,” (6 studies complete) manuscript targeted for submission to Journal of Cosumer Research. Research in the area of Prospect Theory consistently finds risk aversion in the arena of consumer gains (Kahneman & Tversky 1979). Contrary to such previous work, we propose that contemplating experiential purchases and rewards leads to an increased connection to the self that enhances the value of experiences and heightens risk-seeking for special experiences. Across 3 studies, we find that consumers are more risk-seeking for material goods that are framed in experiential terms (e.g., listening to an iPod). This effect of riskier choice is mediated by connectedness to an experience, driving choice of a lower-probability, higher-reward experiential prize. These studies reveal that consumers are more connected to, and consequently, more risk-seeking for experiences than for material rewards. Roche, Sarah & Jill Sundie, “The More You Spend the More You Save: Frugal Shoppers in Deal Contexts.” (3 studies complete) manuscript targeted for submission to Journal of Consumer Research. We examine frugal shoppers and situations in which the normally consumption restrained frugal shopper is ironically more likely to indulge than the average spendthrift. We find that in “really good” deal situations, frugal shoppers are actually more likely to make 3 Roche 4 purchases than spendthrifts. This runs counter to our stereotypes of frugal shoppers as resourceful penny-pinchers. It also lends insights into when frugal shoppers make consumption decisions counter to their typical spending patterns. Future studies will examine why this occurs (proposed: smart shopper feelings as the mechanism) and the effects of such decisions on frugal buyers (positive or negative effects on long-term happiness and satisfaction with the purchase). Roche, Sarah, L.J. Shrum, Tina M. Lowrey & Daniel Schmidt, “What’s in a Name? Sound Symbolism of Stock Ticker Symbols Predict Stock Performance,” (3 studies complete) manuscript targeted for submission to Journal of Consumer Psychology. Across 3 studies, we find that stocks whose ticker symbol starts with a stop (versus a fricative) sound, statically outperform those that start with a fricative sound. These effects occur during the first year after the initial public offering of stocks and provide guidance for those that choose ticker symbols and novice traders of stocks during the first year of a stock’s life. These effects occur due to the fact that these two types of sound convey very different concepts. Relative to fricatives, stops are considered larger, heavier, harder, more powerful, and more masculine (Klink 2000). These sound associations, therefore, drive stronger initial performance when prior trading history is not yet available for the stock. Roche, Sarah, David Silvera, & Mario Pandelaere, “Maximizing on Experiences: How Experiences Solve the Maximizing Dilemma for Maximizers,” (2 studies complete) manuscript aimed for submission to Journal of Consumer Research. This project examines how maximizers versus satisficers evaluate experiences. Maximizers have previously been found to suffer from increased regret and postpurchase cognitive dissonance (from continued rumination of forgone options). Yet, we find that these negative effects do not occur when maximizers are posed with experiential purchase options. Therefore, maximizers experience even more happiness and satisfaction from experiential relative to material purchases. Sundie, Jill M., Daniel J. Beal, Sarah Roche & Andrew Perkins, “A Person-Centered Approach to Understanding Brand Connection, Envy, and Schadenfreude,” (3 studies complete) manuscript being prepared for submission to Journal of Consumer Psychology. This research examines emotional responses to upward social comparisons involving status products, and product failure, via latent profile analyses. Diverse emotion profiles were predicted by self-brand connection. In addition, we find that a strong brand connection can buffer against the experience of hostile envy, and schadenfreude after product failure, unless consumers hold certain socially dysfunctional traits. Such research could help inform when and why envy-inducing status brands might suffer negative consequences linked to schadenfreude following negative brand events, such as product failures or corporate scandals. 4 Roche 5 PUBLICATIONS Refereed Journal Articles Joseph, Mathew, Sarah Roche, Dora E. Schmit & Carmen M. Albrecht (Spring-2014) “Graduate College Selection and Its Impact on Branding: A German Perspective,” Accepted for publication in Journal of Academic Administration in Higher Education. This project was completed with my undergraduate advisor (Dr. Joseph). I was highly involved both with the literature review and with the writing of the paper. This project explores the criteria that are important for graduate students in selecting a university in Germany, how these criteria match up with students’ views of the institution they ultimately attended, and how graduate students gained information about the colleges/universities they considered. This study reveals that public university graduate students in Germany consider a wide variety of criteria when deciding on which colleges/universities to apply, and that their actual behavior in terms of enrollment may not directly reflect the importance they claim to give certain selection criteria. Roche, Sarah, Deborah Spake, & Mathew Joseph (2013), "A Model of Sporting Event Tourism as Economic Development," Sport, Business, and Management: an International Journal, 3 (2), 147-157. I completed this project as an undergraduate, in collaboration with my undergraduate advisor. We propose a mediated model of sport tourism as an economic development generator from a destination marketing perspective. The proposed model, supported by extant literature, presents sport tourist types as mediating a variety of influencing factors that determine sport tourists’ interest in visiting a destination and the resulting economic outcomes for a destination. This conceptual model provides a contribution to tourism researchers by providing a comprehensive view of the complex nature of the factors that influence destination choice for different types of sports tourists and the possible economic outcomes that can result. Implications for future research are discussed, as well as destination-specific factors that can be managed and promoted to appeal to each segment of the sport tourism market in order to maximize the economic impact of sport tourism. TEACHING EXPERIENCE Introduction to Marketing -Fall 2013 (average teacher rating: 4.4/5.0) -Rated on clear objectives/expectations, effective communication, preparation, active learning encouraged, and available outside of class (5 ratings ranged from 4.1 to 4.7) -Spring 2014 (average teacher rating: 4.6/5.0) 5 Roche 6 -Rated on clear objectives/expectations, effective communication, preparation, active learning encouraged, and available outside of class (5 ratings ranged from 4.5 to 4.8) Marketing Research (scheduled to teach 2 sections of this course in 2014-2015, UTSA) TEACHING INTERESTS Social Media and Marketing, Retailing, Advertising and Promotions, Consumer Behavior, Principles of Marketing, Non-Profit Marketing, Event and Venue Marketing, Business Ethics and Social Responsibility, and Marketing Research TEACHING TRAINING Marketing Management Association: Fall Educators Conference Workshops, September 2014 GBA 7103 Doctoral Teaching Seminar, completed Summer 2013 BlackBoard – Silver Learn Badge, completed Fall 2013 iClicker – Higher Education Training, completed Summer 2013 STUDENT FEEDBACK EXAMPLES “I love marketing. Ms. Roche made it super fun for me to come to class and learn. Throughout the semester, she taught the specific factions of marketing, which made me realize which path I want to take with my degree and my career.” “Professor Roche is really personable and is always prepared to lecture and relate the lecture to her students. One aspect of MKT3013 that stood out to me was the clear stated objectives and obligations of the course. I always knew what was due and what material to cover for homework. Professor Roche updated the syllabus several times to keep and accurate time log of the upcoming lectures or homework” “Professor Roche was able to utilize technology and interactive learning to make an otherwise dull course fun and enjoyable.” “My instructor was great! She always gave us enough information for our tests and she taught us all the information clearly. I liked the way she taught, giving examples for everything and making sure each student understood everything effectively. She also provided us with quizzes and worksheets to help us understand the material and keep our grades up. She is one of the better teachers I have had at UTSA.” CONFERENCE PRESENTATIONS Roche, Sarah, L.J. Shrum, & Tina M. Lowrey (2014), “What’s in a Name: Designing Stock Names and Tickers for Stronger Performance,” paper presented at the annual conference of the Association for Consumer Research, Baltimore, October 2014. 6 Roche 7 Roche, Sarah, Sommer Kapitan, & David Silvera (2014), “Taking a Gamble on Life: Consumer Risk Seeking for Experiences,” poster presented at the annual conference of the Association for Consumer Research, Baltimore, October 2014. Roche, Sarah, L.J. Shrum, & Tina M. Lowrey (2014), “The Aesthetics of Brand Name Design: Form, Fit, Fluency, and Phonetics,” paper presented at the Society for Consumer Psychology’s Advertising and Consumer Psychology Conference on The Psychology of Design, Ann Arbor, MI, May. Sundie, Jill M., Dan Beal, & Sarah Roche (2014), “Self-Relevance, Schadenfreude, and Sympathy: Understanding Emotional Responses to Others’ Successes,” poster presented at the annual conference of the Society for Industrial & Organizational Psychology, Inc., Honolulu, May 2014. Roche, Sarah, Jill M. Sundie, Dan Beal, & Andrew W. Perkins (2014), “Self-Brand Connection, Schadenfreude, and Sympathy: A Person-Centered Approach to Understanding Emotional Reactions to Product Failure,” paper presented at the annual conference of the Society for Consumer Psychology, Miami, March 2014. Roche, Sarah & David H. Silvera (2014), “The Experiential Recommendation: Why it Occurs and When it Might Not Hold,” poster presented at the annual conference of the Society for Consumer Psychology, Miami, March 2014. Roche, Sarah & Jill Sundie (2014), “Experiential or Material? That is the Question. How Life History Theory Predicts Purchase Type Preferences,” poster presented at the annual conference of the Society for Consumer Psychology, Miami, March 2014. Kapitan, Sommer, Sarah Roche, & David H. Silvera (2014), “Consumers are more risk-seeking for experiential rewards,” poster presented at the annual conference of the Society for Consumer Psychology, Miami, March 2014. Shrum, L.J., Tina M. Lowrey, & Sarah Roche (2014), “The Sound of Success: Sound Symbolism’s Effect on Stock Performance During First Year of Trading,” poster presented at the annual conference of the Society for Consumer Psychology, Miami, March 2014. Roche, Sarah & David Silvera (2013), “Gender Differences in Purchase Attachment Resulting from Loneliness,” poster presented at the annual conference of the Association for Consumer Research, Chicago, October 2013. Roche, Sarah, Jill M. Sundie, Dan Beal, & Andrew W. Perkins (2013), “Self-Brand Connection, Schadenfreude, and Sympathy: A Person-Centered Approach to Understanding Emotional Reactions to Product Failure,” poster presented at the annual conference of the Association for Consumer Research, Chicago, October 2013. Shrum, LJ, Tina Lowrey, & Sarah Roche (2012), “The Impact of Phonetic Symbolism on Stock 7 Roche 8 Performance: Stop Consonant Symbols Perform Better Than Fricative Consonant Symbols During First Year of Trading,” poster presented at the annual conference of the Association for Consumer Research, Vancouver, October 2012. Roche, Sarah, Deborah Spake, and Mathew Joseph (2011), “A Proposed Moderated Model of Sport Tourism as Economic Development,” Working Paper Presentation, Society of Marketing Advances, Memphis, TN, November 2011. SERVICE Invited Trainee Reviewer for Journal of Consumer Research, April 2014 & July 2014 Reviewer for North American Association of Consumer Research conference, 2014 Reviewer for Society for Consumer Psychology conference, 2014 & 2015 Behavioral Lab Administrator 2012 – 2013 PROFESSIONAL AFFILIATIONS Association for Consumer Research American Marketing Association Society for Consumer Psychology Alpha Chi National Honors Society DOCTORAL COURSEWORK Course Research Methods I Seminar in Experimental Design Advanced Applications of Business Statistics Research Methods II Applied Linear Statistics Models Behavioral Seminar I Behavioral Seminar II Consumer Judgment and Decision Making Multivariate Statistics Seminar in Marketing Theory Cross-Cultural Consumer Research Advanced Research Methods Instructor Michael McDonald LJ Shrum Jerome Keating Stewart Miller Jerome Keating David Silvera Tina Lowrey LJ Shrum Michelle Little David Silvera Yinlong Zhang Daniel Beal Grade A A A A A A A A A A A A OVERALL GPA: 4.0 8 Roche 9 REFERENCES Professor David Silvera Associate Professor, Department of Marketing University of Texas at San Antonio School of Business (BB 4.01.08) One UTSA Circle San Antonio, TX 78249-0631 Phone: (210) 458-6644 Email: David.Silvera@utsa.edu Professor LJ Shrum Professor of Marketing Member of CNRS-GREGHEC Research Group HEC Paris Department of Marketing 1, rue de la Libération 78351 Jouy en Josas Cedex Phone: +33 (0)1.39.67.70.00 Email: Shrum@hec.fr Professor Jill Sundie Visiting Assistant Professor of Marketing Virginia Tech Pamplin College of Business 2016 Pamplin Hall Blacksburg, VA 24061 Phone: (713) 557-3397 Email: jsundie@vt.edu Professor Dengfeng Yan Assistant Professor, Department of Marketing University of Texas at San Antonio School of Business (BB 4.01.08) One UTSA Circle San Antonio, TX 78249-0631 Phone: (210) 458-5833 Email: Dengfeng.Yan@utsa.edu Professor Kristina Durante Assistant Professor, Department of Marketing University of Texas at San Antonio School of Business (BB 4.01.08) One UTSA Circle San Antonio, TX 78249-0631 Phone: (210) 458-5741 Email: Kristina.Durante@utsa.edu 9