| Literature DB >> 27303349 |
Ricardo Martínez-Cañas1, Pablo Ruiz-Palomino1, Jorge Linuesa-Langreo1, Juan J Blázquez-Resino1.
Abstract
In the current highly interconnected modern world, the role of consumers has changed substantially due to their active collaboration with companies in product and process innovation. Specifically, consumer participation has become key to the development of successful products and services, as companies have come to rely more and more on consumers' opinion as a source of innovative ideas and brand value. However, whereas existing research has focused on identifying the different elements involved in consumers' co-creation, there is still the need to comprehend better this complex mechanism by integrating distinct dimensional insights. With an integrative review of research into three important perspectives, one nurturing from the Service-Dominant logic, another one based on the information and communication technologies (ICTs) platforms, and (the ethical values-driven) Marketing 3.0 paradigm, this article proposes a conceptual framework in which consumers' ethical values and transcendent motivations play an important role in encouraging their engagement in co-creation activities. In this connection, and with consumers increasingly embracing the need to fulfill a social and ethical function in society, the co-creation process is here comprehended as a means to emphasize the social and moral aspects of co-creation. This article also identifies the important, supportive role of the Marketing 3.0 paradigm and Web 3.0 tools to initiate the co-creation process, as well as the important valuable benefits attained by both companies and consumers after consumers engage in this process. Importantly, these benefits are highlighted to increase when ethical products are the object of these co-creation activities. All these insights have notable implications for both research and managerial practice.Entities:
Keywords: Marketing 3.0; conceptual paper; ethical products; ethical values; information and communication technologies; transcendent motives; value co-creation
Year: 2016 PMID: 27303349 PMCID: PMC4880595 DOI: 10.3389/fpsyg.2016.00793
Source DB: PubMed Journal: Front Psychol ISSN: 1664-1078
Theoretical approaches to value co-creation concept.
| Service dominant (S-D) Logic | Service, not goods, is the fundamental unit of exchange. Co-created value becomes a joint function of actions by the provider(s) and consumer(s). For services to be delivered, consumers must learn to use, maintain, repair, and adapt offerings to their unique needs, usage situations, and behaviors. | Vargo and Lusch, |
| Service science | Based on the S-D logic, service science analyzes value co-creation as configurations of people, technology, and value propositions. It integrates existing resources with those available from a variety of service systems that can contribute to system well-being, as determined by the system's environmental context. | Spohrer et al., |
| Service logic | It is not the customer who becomes a value co-creator with a supplier; rather, it is the supplier that adopts its service logics and develops firm–customer interactions as part of its market offerings, such that it can become a co-creator of value with customers. Interactions ensure that value-in-use equates with the value proposition. | Grönroos, |
| Many-to-many marketing | Customer networks have a key role (not dyadic firm–customer relationships) in value co-creation. Relations include a multitude of actors—intermediaries, employees, actors, and society in general—and generate value co-creation. | Gummesson, |
| Social constructionist | Value co-creation is located within a social context; that is, it is value-in-social-context (not value-in-use), a view that captures the holistic nature of value. | Edvardsson et al., |
| New product development | Following the more active role of customers, firms increasingly engage customers in new product/service development processes. New customer roles include product conceptualization, design, testing, support specialization, and product marketing. Customers are proactive. | Nambisan and Nambisan, |
| Post-modernism | Firms shift toward offering more tailored goods and services to consumers to allow their active participation, such that they must open up more of their processes. | Firat and Venkatesh, |
Consumers' motives for participating in co-creation processes.
| Wasko and Faraj, | |
| Lerner and Tirole, | |
| Wasko and Faraj, | |
| Access for | Lerner and Tirole, |
| Bandura, | |
| Wasko and Faraj, | |
| Nambisan, | |
| Kollock, |
Integrative revision of classical motivational taxonomies and co-creation motivators.
| Higher-order needs | Social capital, personal relationships, and identity construction Social standing and renown | Self-esteem, self-efficacy, and self-expression |
| Lower-order needs | Financial rewards Career advancement | Hedonic motivations Learning |
Source: Based on Guillén et al. (.
Figure 1The S-D Logic: Social values based view of Marketing and Consumers' co-creation activities.
Extended integrative revision of classical motivational taxonomies and co-creation motivators.
| Higher-order needs | Social capital, personal relationships, and identity construction Social standing and renown | Self-esteem, self-efficacy, and self-expression | Society's welfare Contribution to the common good |
| Lower-order needs | Financial rewards Career advancement | Hedonic motivations Learning | Service, help, and collaboration |
Source: Based on Guillén et al. (.
Positive effects of co-creation.
| Consumer empowerment, self-determination, and self-efficacy | Zimmerman and Warschausky, |
| Consumer engagement, access to social inter-relationships | Payne et al., |
| Consumer satisfaction | Grönroos, |
| Consumer learning | Payne et al., |
| Creative thinking | Füller et al., |
| Personalized co-creation experiences | Prahalad and Ramaswamy, |
| Consumer trust | Casalo et al., |
| Consumer commitment | Chan and Li, |
| Consumer loyalty | Andersen, |
| Cost effectiveness and risk reduction | Ramaswamy and Gouillart, |
| Differentiation | Prahalad and Ramaswamy, |
| Consumer brand loyalty | Kim and Slotegraaf, |
Figure 2An integrative model of the causes of the co-creation process and its positive effects.