The impact of customer resources on customer value in co-creation: the multiple mediating effects
Journal of Contemporary Marketing Science
ISSN: 2516-7480
Article publication date: 16 January 2020
Issue publication date: 15 June 2020
Abstract
Purpose
Co-creating value with customers is important for companies in order to gain a competitive advantage. Based on resource theory and social interaction theory, the purpose of this paper is to explore the customer participation mechanism in co-creating value and test the effects of different types of customer resources and multi-level customer–firm interaction on customer value.
Design/methodology/approach
Data were collected from tourism industry. Hypotheses were tested using structural equation modeling.
Findings
The results indicate that both the customer’s human resource and relationship resource have a significantly positive effect on customers’ utilitarian value and hedonic value through reactive and proactive interactions. Reactive interaction has a full mediating effect on the relationship between relationship resource and proactive interaction, whereas proactive interaction has a full mediating effect on the relationship between reactive interaction and hedonic value.
Originality/value
This study explores the mediating effects of customer–firm interaction between customer resources and customer value. This paper contributes to the understanding of customers’ motivations for, and the processes of, participating in value co-creation.
Keywords
Acknowledgements
This research was sponsored by the project of the National Natural Science Foundation of China (No. 71272162) and the project of Basic Research Projects in Colleges and Universities of Liaoning (No. WQGD2017015).
Citation
Xiao, M., Ma, Q. and Li, M. (2020), "The impact of customer resources on customer value in co-creation: the multiple mediating effects", Journal of Contemporary Marketing Science, Vol. 3 No. 1, pp. 33-56. https://doi.org/10.1108/JCMARS-08-2019-0032
Publisher
:Emerald Publishing Limited
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