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.
Data were collected from tourism industry. Hypotheses were tested using structural equation modeling.
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.
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.
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).
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
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