The cycle of customer value: a model integrating customer and firm perspectives

The aim of this paper is to contribute to the strategic management literature by identifying a relationship between customer value seen from the customer perspective and customer value seen from the firm perspective, and how this relationship might affect the value created for the customer. We propo...

Descripción completa

Detalles Bibliográficos
Autores: Martelo-Landroguez, Silvia, Barroso Castro, Carmen, Cepeda-Carrión, Gabriel
Tipo de recurso: artículo
Estado:Versión enviada para evaluación y publicación
Fecha de publicación:2015
País:España
Institución:Universidad de Sevilla (US)
Repositorio:idUS. Depósito de Investigación de la Universidad de Sevilla
OAI Identifier:oai:idus.us.es:11441/54788
Acceso en línea:http://hdl.handle.net/11441/54788
https://doi.org/10.3846/16111699.2013.770788
Access Level:acceso abierto
Palabra clave:value
perceived value
value creation
value appropriation
customer value
strategic management
Descripción
Sumario:The aim of this paper is to contribute to the strategic management literature by identifying a relationship between customer value seen from the customer perspective and customer value seen from the firm perspective, and how this relationship might affect the value created for the customer. We propose that such a relationship exists, and attempt to create an integrated view of customer value. We have not found any papers that focus on the relationship between these two perspectives of customer value, and our aim is to bridge this gap in the literature. Thus, the authors test, in a quantitative study utilizing structural equation models (SEM), how a firm should create value in order to be perceived by the customers, and how this value could be appropriated in the international banking industry. The results show to the managers that value creation impacts on perceived value but not on value appropriation