2021
DOI: 10.1108/jbim-05-2021-0269
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The interplay of word-of-mouth and customer value on B2B sales performance in a digital platform: an expectancy value theory perspective

Abstract: Purpose Building on the expectancy value theory, the purpose of this paper is to examine the effects of word-of-mouth (WOM) and customer value (i.e. functional value and ease-of-doing-business value) on B2B business performance in the B2B sales process. Design/methodology/approach The authors develop a framework to understand how B2B WOM and customer value influence supplier sales performance. This model was tested using structural equation modeling with a sample of 220 suppliers on Alibaba.com. Findings T… Show more

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Cited by 24 publications
(25 citation statements)
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References 69 publications
(111 reference statements)
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“…Due to their interactive nature, social media provide several benefits (Felix et al , 2017; Pandey et al , 2020; Salo, 2017). First, they allow sellers to share and exchange information with their customers; next, they let customers confront each other by exchanging views and opinions, thus, allowing the diffusion of positive e-WOM concerning the business (Mai and Liao, 2021). According to Dutot et al (2016), social media contribute to the dissemination of user-generated content, and because they are based on the interactions between stakeholders and the company, they allow interactions and content to coexist in virtual spaces.…”
Section: Theoretical Backgroundmentioning
confidence: 99%
“…Due to their interactive nature, social media provide several benefits (Felix et al , 2017; Pandey et al , 2020; Salo, 2017). First, they allow sellers to share and exchange information with their customers; next, they let customers confront each other by exchanging views and opinions, thus, allowing the diffusion of positive e-WOM concerning the business (Mai and Liao, 2021). According to Dutot et al (2016), social media contribute to the dissemination of user-generated content, and because they are based on the interactions between stakeholders and the company, they allow interactions and content to coexist in virtual spaces.…”
Section: Theoretical Backgroundmentioning
confidence: 99%
“…The WOM is an important form of information sharing not only for business-to-customer but also business-to-business relationships (Mai and Liao, 2022;T oth et al, 2022). The application of WOM in a businessto-business context has recently been cited as an important means of boosting suppliers' sales performance (Mai and Liao, 2022). In this regard, the current study focuses on the role of WOM in increasing the participation of SME suppliers in public procurement opportunities.…”
Section: Wom and Sme Supplier Participation In Public Procurementmentioning
confidence: 99%
“…Despite this, the application of WOM in the context of public procurement is limited. The WOM is an important form of information sharing not only for business-to-customer but also business-to-business relationships (Mai and Liao, 2022; Tóth et al. , 2022).…”
Section: Review Of Literature and Hypotheses Developmentmentioning
confidence: 99%
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“…Recently, loyalty research has started to focus on the effects of loyalty, otherwise known as “loyalty outcomes.” Scholars concur that such outcomes include word of mouth (i.e. any positive communication by SP’s customers regarding its services with an intention to recommend (Mai and Liao, 2021), willingness to pay premium prices [i.e. the customer’s intention to buy the services from their preferred SP even at higher prices than its competitors (Mohan et al , 2021)] and share-of-wallet [i.e.…”
Section: Studymentioning
confidence: 99%