Abstract
Various studies around the world emphasize the meaning of
customer experience in consumer services. Hotels,
restaurants, shopping malls and travel agencies are
working hard for creating unique experiences for
consumers in business to consumer (B2C) relationship.
Meanwhile in industrial business to business (B2B)
context, the material and component suppliers' focus is
typically on the lean management, cost reduction and
smooth supply chains. When looking at machine and
equipment manufacturers, they are usually trying to offer
and marketing best available products with streamlined
processes. Manufacturers are offering also services as
installation and maintenance. Surely digitalization has
extended service offering to information and data
provision. Earlier, the services made competitive
advantage and differentiation in markets, but that is not
anymore the case. Services are today crucial part of the
offerings, but the competitive advantage is becoming from
the business model and the way of operating in service
system. Why don't suppliers and manufacturers in B2B
environment try to offer new experiences and good
feelings for their customers, as in B2C context? Do the
companies have enough rich understanding what is valuable
for customers and what they really appreciate? This study
has indicated how the customer value is created and what
are the value creation determinants in B2B service
systems. Based on the multiple case studies, this
research indicates that B2B customers' decision making is
based on the emotional value rather than functional and
economic value. Success is increasingly dependent on the
company's ability to extract value from knowledge
resources rather than physical resources. Customers are
looking for successful brands, trusty relationship and
flexible operations, rather than lowest possible price or
technical features for example. However, in mass
production companies are still looking for cheap price
and huge volume. This study is focused on European
industries, which makes the difference in findings from
low cost economies. As the real world is not so black and
white, there are many potential product and service
configuration opportunities and requirements in the
markets. That is the reason why is needed to enrich the
understanding of customer value and create unique
offering for customers, with special attention to
customer experience and emotional value. Study provide a
framework for identify and analyze customer value in
different industrial service systems.
Original language | English |
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Publication status | Published - 2017 |
MoE publication type | Not Eligible |
Event | Frontiers in Service Conference - New York, United States Duration: 22 Jun 2017 → 25 Jun 2017 |
Conference
Conference | Frontiers in Service Conference |
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Country/Territory | United States |
City | New York |
Period | 22/06/17 → 25/06/17 |
Keywords
- customer experience
- value
- services