Evidence has been presented that supports a positive “value– loyalty” relationship as well as a value relationship with other behavioural outcomes (Steenkamp et al., 2002; Yang and Peterson, 2004; Yang and Wang, 2010; Chen and Myagmarsuren, 2011; Tu et al., 2013). In this scenario, quality can be understood as an essential component of CPV, where higher prices must correspond to higher perceived quality to achieve perceived value (Ulaga and Chacour, 2001). Therefore, it stands to reason that an increase in perceived value could motivate a customer’s behavioural intentions towards the brand that could reduce the demand elasticity, and thus the customers could feel more compliant with an increase in price. For these reasons it is proposed that: