2016
DOI: 10.5539/ijbm.v11n12p77
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Effects of Customer Value Co-Creation on Customer Loyalty in the Nigerian Service Industry

Abstract: The purpose of this study is to ascertain the effects of customer value co-creation on customer loyalty in the service industry and IBTC pension was used to represent the service industry in Nigeria. Time has passed when firms act autonomously in designing products, developing products, creating marketing messages and so on with little or no interface from or interaction with customers. Now customers seek to exercise their influence in every part of the business system. This has led to the impending question, … Show more

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Cited by 9 publications
(22 citation statements)
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“…Co-creation dapat dijelaskan sebagai sebuah prosedur digunakan untuk membuat sebuah produk atau pelayanan melalui kolaborasi dengan mitra, dengan tujuan membantu perusahaan untuk melakukan inovasi pada produk atau pelayanan dan untuk menyesuaikan kebutuhan mitra yang cepat berubah (Malik & Ahsan, 2019). Maduka (2016) menambahkan bahwa terjadinya perkembangan yang pesat di industri jasa, memberikan pilihan baru untuk dapat menjelaskan dinamika interaksi yang terjadi secara person to person, yaitu antara penyedia layanan dengan merchant. Oleh karena itu, penting untuk dapat mengembangkan strategi yang dapat berfokus pada pembangunan hubungan atau interaksi yang memungkinkan pelanggan dapat secara bersama menciptakan pengalaman unik dengan perusahaan sehingga menimbulkan sumber keunggulan kompetitif yang baru bagi perusahaan, yaitu co-creation.…”
Section: Pendahuluanunclassified
“…Co-creation dapat dijelaskan sebagai sebuah prosedur digunakan untuk membuat sebuah produk atau pelayanan melalui kolaborasi dengan mitra, dengan tujuan membantu perusahaan untuk melakukan inovasi pada produk atau pelayanan dan untuk menyesuaikan kebutuhan mitra yang cepat berubah (Malik & Ahsan, 2019). Maduka (2016) menambahkan bahwa terjadinya perkembangan yang pesat di industri jasa, memberikan pilihan baru untuk dapat menjelaskan dinamika interaksi yang terjadi secara person to person, yaitu antara penyedia layanan dengan merchant. Oleh karena itu, penting untuk dapat mengembangkan strategi yang dapat berfokus pada pembangunan hubungan atau interaksi yang memungkinkan pelanggan dapat secara bersama menciptakan pengalaman unik dengan perusahaan sehingga menimbulkan sumber keunggulan kompetitif yang baru bagi perusahaan, yaitu co-creation.…”
Section: Pendahuluanunclassified
“…Experts are partially agreed for perceived website innovativeness because this component is about customers' respond by giving innovative feedback to the company and even the definition mentioned about one side, this acts clearly shown the relationship between company and customer, so perceived website innovativeness is moderately compatible to be listed under dialogue [13,[33][34]. Based on Table 4, experts have disagreed for components valence and compensation, therefore these components are not compatible to be matched and listed under DART model.…”
Section: Risk Assessmentmentioning
confidence: 99%
“…There is no risk assessment element in compensation as risk assessment is about customers' willingness to deal and manage the risk which is clearly shown that the responsibility is on the customer alone as in this modern society, the company does not hold any responsibility that associate with risks [34]. Table 5 showed the definition of finalized matched components based on the expert review.…”
Section: Risk Assessmentmentioning
confidence: 99%
“…to satisfy the needs of tourists. According to Prahalad and Ramaswamy in [4], co-creation is a series of business practice where the company cooperates and collaborates with their customers in designing, manufacturing, and improving the quality of products and services. Prahald and Ramaswamy also described the co-creation not only as a trend of creating products together, but also as a way to give new experience for the customers.…”
Section: A Co-creation As a Marketing Strategy For Hotelmentioning
confidence: 99%
“…1. Ogechukwu Blessing Maduka [4] Stating that the "co-creation that consists of the dimensions of dialogue, access, and transparency has a positive and significant influence towards customer loyalty". [17] Stating that "This need implies that a company's view of co-creation must be expanded to consider the customer's roles and activities at different touch points to better understand the social, cultural, and relational dimensions of the context in which the customer's processes take place".…”
Section: Hypothesismentioning
confidence: 99%