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Article
Publication date: 28 January 2014

Perceived value of service innovation: a conceptual framework

Patricia Coutelle-Brillet, Arnaud Riviere and Véronique des Garets

– This paper aims at better understanding the intention to adopt service innovation in a business context by analyzing the nature of perceived value.

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Abstract

Purpose

This paper aims at better understanding the intention to adopt service innovation in a business context by analyzing the nature of perceived value.

Design/methodology/approach

This research uses Holbrook's approach on value, applied to a B2B context, in order to better understand the nature of the perceived value of a new service. A qualitative study on 33 firms is carried out through two steps: an exploratory stage and an understanding stage.

Findings

The results show different aspects of the service innovation value in a business market, identify various recipients of this value, and underline how the level of newness in the service impacts the nature of perceived value. More generally, this research provides an analytical framework of service innovation value for a firm in a B2B market.

Research limitations/implications

This study aims at broadening previous research that studied the perceived value of offerings in a B2B context by considering various types of perceived value of a service innovation. Also, Holbrook's frame of analysis was adapted to the B2B context. In order to make the conclusions more relevant, it would be necessary to enlarge the sample, introduce other service innovations and to carry out a quantitative study.

Practical implications

To market their service innovation, companies can adopt a positioning on other criteria than price or quality/performance and communicate with various recipients.

Originality/value

The paper highlights the diversity of components of service innovation value (not only economic and functional components but also emotional, symbolic, altruistic, interactional components of value).

Details

Journal of Business & Industrial Marketing, vol. 29 no. 2
Type: Research Article
DOI: https://doi.org/10.1108/JBIM-04-2012-0066
ISSN: 0885-8624

Keywords

  • Innovation
  • Service
  • Perceived value
  • B2B context

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Article
Publication date: 10 April 2007

Factors influencing online music purchase intention in Taiwan: An empirical study based on the value‐intention framework

Ching‐Wen Chu and Hsi‐Peng Lu

The purpose of this paper is to provide an explanation of factors influencing online music purchase intention of Taiwanese early adopter of online music, which can help…

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Abstract

Purpose

The purpose of this paper is to provide an explanation of factors influencing online music purchase intention of Taiwanese early adopter of online music, which can help the online music practitioners of Taiwan to develop better market strategies.

Design/methodology/approach

An empirical survey was used to test the hypotheses. Data were collected from a total of 302 online Taiwanese early adopters of online music. A structural equation modeling (SEM) is proposed to assess the relationships of the research model.

Finding

The findings in this paper show that the perceived value of online music is a significant factor in predicting the purchaser intention of buying online music in Taiwan. Also, the beneficial factor of the perceived usefulness and playfulness are identified in addition to the sacrificing factor of the perceived price for assessing the value. Moreover, purchasers and potential purchasers differ in the determinants underlying the perceptions of value, which customers hold towards online music.

Practical implications

The results in the paper facilitate to understand what encourages and impedes the purchase intention of early adopters of online music in Taiwan.

Originality/value

The value of this paper is to establish a theoretical model incorporating the value‐intention framework into technology acceptance model to investigate the purchase behavior of early adopter of online music in Taiwan. The results of this study help online music practitioners of Taiwan and other Asian countries culture similar to Taiwan to create a success business model.

Details

Internet Research, vol. 17 no. 2
Type: Research Article
DOI: https://doi.org/10.1108/10662240710737004
ISSN: 1066-2243

Keywords

  • Music
  • Internet
  • Consumer behaviour
  • Taiwan

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Article
Publication date: 9 October 2017

Integrated technology-organization-environment (T-O-E) taxonomies for technology adoption

Hart O. Awa, Ojiabo Ukoha Ojiabo and Longlife E. Orokor

The T-O-E framework enjoys robust scholarly accolade but it rarely espouses clearly task and individual factors. Although task and individual contexts had been separately…

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Abstract

Purpose

The T-O-E framework enjoys robust scholarly accolade but it rarely espouses clearly task and individual factors. Although task and individual contexts had been separately addressed by task-technology-fit (TTF) and unified theory of acceptance and use of technology (UTAUT), respectively, the purpose of this paper is to complement and/or extend the T-O-E’s insights by integrating TTF and UTAUT frameworks, and developing and empirically testing a 12-factor framework that spans five contexts.

Design/methodology/approach

Survey data were proportionally collected from six groups of small service enterprises with strong operations in Port Harcourt, Nigeria and the mode of sampling was purposive and snow-ball while analysis involved logistic likelihood regression.

Findings

The relationship between adoption and the factors within the contexts of technology, organization, environment and task were statistically supported though some had negative coefficients. For individual context, social factor had a statistically significant negative coefficient but hedonistic drive was not statistically supported.

Research limitations/implications

The study is limited by its scope of coverage; therefore, extended data are needed to apply the findings to other sectors/industries and to factor in the implementation and post-adoption phases and business-to-business adoption in order to forge a more integrated and holistic adoption framework.

Practical implications

The findings encourage vendors and policy makers to place more premiums on organizational and task factors than on technological, environmental and individual factors and to craft informed marketing programs that would appeal to actual and potential adopters and cause them to progress in the loyalty ladder.

Originality/value

This paper contributes to the growing research on technology adoption; it uses factors within the T-O-E, TTF and UTAUT frameworks to explain adoption of technologies and to establish the underlying relationships amongst T-O-E factors through integrating other useful frameworks.

Details

Journal of Enterprise Information Management, vol. 30 no. 6
Type: Research Article
DOI: https://doi.org/10.1108/JEIM-03-2016-0079
ISSN: 1741-0398

Keywords

  • Adoption
  • Technology
  • T-O-E taxonomies

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Article
Publication date: 21 October 2013

Perceived value in community supported agriculture (CSA): A preliminary conceptualization, measurement, and nomological validity

Weiping Chen

The purpose of this paper is threefold: to conceptualize a construct of the perceived value in CSA and its dimensions, to operationalize and validate the construct, and to…

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Abstract

Purpose

The purpose of this paper is threefold: to conceptualize a construct of the perceived value in CSA and its dimensions, to operationalize and validate the construct, and to empirically investigate the influence of perceived value in CSA on consumer satisfaction and loyalty.

Design/methodology/approach

This research begins by reviewing relevant literature that frames the concept of perceived value in CSA and integrates this construct into a nomological network. Operational measures for each component of perceived value in CSA are then developed. The scale is validated, and then used to test the hypothesized model in a sample of 198 consumers of Beijing's five CSA farms using partial least squares (PLS) as an analytical tool.

Findings

Perceived value in CSA is found to be a formative, multi-dimensional, third-order construct. Further, the results suggest that perceived value in CSA has both a direct positive effect on consumer loyalty and an indirect effect mediated through consumer satisfaction.

Research limitations/implications

Limitations and research directions refer to the need to increase the sample size and replicate research in other places, the possibility of conducting longitudinal research, the need to identify antecedents of perceived value, and the opportunity to assess perceived value across a number of CSA member characteristics.

Practical implications

CSA farmers should recognize the importance of value creation to build and maintain long time relationships. This study suggests that CSA farmers can enhance value from two approaches. One approach is to build strategies to facilitate delivery of product benefits, emotional benefits, and social benefits. Another approach is to invest in efforts to reduce inconvenience and lower risk. In addition, the formative model means that CSA farmers can allocate resources depending on the relative weight of each in value perceptions.

Originality/value

This research is one of the first to conceptualize perceived value in a CSA setting; it argues that modeling of perceived value in CSA should take a formative approach and finds support for this; and assesses the nomological validity of the perceived value in CSA.

Details

British Food Journal, vol. 115 no. 10
Type: Research Article
DOI: https://doi.org/10.1108/BFJ-01-2011-0013
ISSN: 0007-070X

Keywords

  • Perceived value
  • Community supported agriculture
  • Formative measurement
  • PLS path modeling

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Article
Publication date: 24 November 2020

Investigating consumers' path to showrooming: a perceived value-based perspective

Narasimhan Rajkumar, Pankaj Vishwakarma and Kishore Kumar Gangwani

Grounded on the concept of a value trade-off, the authors of this study seek to address the question of why some people visit an offline store before purchasing online…

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Abstract

Purpose

Grounded on the concept of a value trade-off, the authors of this study seek to address the question of why some people visit an offline store before purchasing online. The authors offer a novel perspective by identifying and describing the perceived value drivers (benefits and sacrifices) associated with showrooming in the context of the branded apparel segment.

Design/methodology/approach

Data collected from 318 showrooming customers were analysed in the context of the proposed perceived value framework using the structural equation modelling method.

Findings

The results showed that enhanced product evaluation, monetary savings, smart shopper feelings and perceived enjoyment (positively) and search costs and online risk (negatively) influenced consumers' showrooming value perceptions as benefits and sacrifices associated with showrooming. Only perceived consumption delay emerged as insignificant. As expected, perceived showrooming value was identified as an important driver of showrooming intentions.

Research limitations/implications

The application of this paper's findings is limited to the branded apparel segment. The model can be tested in other sectors with a larger sample size to gain deeper insights.

Practical implications

The findings can be utilized by brick-and-mortar retailers to retain showrooming customers.

Originality/value

The authors of the current research work contribute to a better understanding of showrooming by adopting a perceived-value-based perspective, which offers an alternative yet effective route for understanding showrooming.

Details

International Journal of Retail & Distribution Management, vol. ahead-of-print no. ahead-of-print
Type: Research Article
DOI: https://doi.org/10.1108/IJRDM-05-2020-0184
ISSN: 0959-0552

Keywords

  • Showrooming
  • Perceived value
  • Benefits
  • Sacrifices
  • Apparel

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Article
Publication date: 10 April 2017

Perceived strategic value-based adoption of Big Data Analytics in emerging economy: A qualitative approach for Indian firms

Surabhi Verma and Som Sekhar Bhattacharyya

The purpose of this paper is to provide an insight about factors affecting Big Data Analytics (BDA) utilization and adoption in Indian firms. Research studies have so far…

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Abstract

Purpose

The purpose of this paper is to provide an insight about factors affecting Big Data Analytics (BDA) utilization and adoption in Indian firms. Research studies have so far focused on BDA adoption in developed economies. This study examines the factors that influence BDA usage and adoption in the context of emerging economies.

Design/methodology/approach

This study proposed a theoretical model of factors influencing BDA utilization and adoption. Two independent research streams – first, the top managers’ perceived strategic value (PSV) in BDA and second, the factors that influence the adoption of BDA theoretically – have been integrated with the technology-organization-environment (TOE) framework. In the BDA context, there was a theoretical necessity to identify the driver and barriers of BDA from the TOE framework on PSV and adoption of BDA. A qualitative exploratory study using face-to-face semi-structured interviews was carried out to collect data from 22 different enterprises and service providers in India. India was selected as the context as it is one of the fastest growing large economies of the world with huge potential of BDA to improve the business landscape.

Findings

The results showed that the major reason behind BDA non-adoption is that the organizations did not realize the strategic value (SV) of BDA, and they were not ready to make the changes because of technological, organizational and environmental difficulties. The findings corroborate previous results about significant factors affecting IT adoption and implementation and provide new and interesting insights. The main factors identified as playing a significant role in organizations’ adoption of BDA were SV of BDA, complexity, compatibility, IT assets, top management support, organization data environment, perceived costs, external pressure and industry type.

Research limitations/implications

The main limitation related to this study is the difficulty in generalizing the findings to a larger population of enterprises. To overcome this, a statistical survey has been planned to be conducted in the future.

Practical implications

The BDA adoption model in this study will have both managerial implications for practitioners in India, as well as those in other developing countries, and academic implications for researchers who are interested in BDA adoption in developing counties, in terms of formulating better strategies for BDA adoption. For managers, using the research model of this study could assist in increasing their understanding of why some organizations choose to adopt BDA, while similar ones facing similar conditions do not. Also, the understanding of the strategic utilization of BDA in different business processes may improve the adoption of BDA in organizations.

Originality/value

This paper contributes in exploring and enhancing the understanding of the factors affecting the utilization and adoption of BDA in organizations from an Indian perspective. This study is an attempt to develop and explore a BDA adoption model by the fusion of PSV and TOE framework. The effect of the three contexts of this framework (technological, organizational and environmental) on the strategic utilization of BDA has been studied for the first time.

Details

Journal of Enterprise Information Management, vol. 30 no. 3
Type: Research Article
DOI: https://doi.org/10.1108/JEIM-10-2015-0099
ISSN: 1741-0398

Keywords

  • Information technology
  • Big Data Analytics
  • TOE framework
  • Perceived strategic value

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Article
Publication date: 16 April 2018

Young tourists’ perceptions of authenticity, perceived value and satisfaction: the case of Little India, Singapore

Sean Lee and Ian Phau

This study aims to empirically examine young tourists’ perceptions of object-based authenticity, existential authenticity and perceived value perceptions on satisfaction…

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Abstract

Purpose

This study aims to empirically examine young tourists’ perceptions of object-based authenticity, existential authenticity and perceived value perceptions on satisfaction. Data were collected from young heritage tourists at the Little India heritage precinct in Singapore.

Design/methodology/approach

Qualitative data were collected via a pen and paper questionnaire at Little India in Singapore. Young tourists below 30 years of age were identified to complete the questionnaire. A total of 288 sets of valid responses were collected to perform statistical analysis to test the relationships between the key constructs in the research model.

Findings

The results of the study reaffirmed the application of the perceived value framework to authenticity. Object-based authenticity, existential authenticity and perceived monetary value yielded significant and positive effects on overall perceived value and, subsequently, satisfaction. Further, overall perceived value was found to mediate the relationships between object-based authenticity, existential authenticity and perceived monetary with satisfaction.

Research limitations/implications

This study provides researchers with a better understanding of authenticity and value perceptions of young tourists. It also lends further support for the integration of object-based and existential authenticity into the multidimensional approach to perceived value.

Practical implications

The results help destination marketers and policymakers better understand this important segment to develop more effective and sustainable marketing and management strategies.

Originality/value

This study addresses the lack of research in the literature on young tourists who will shape the tourism landscape of the future. It also further assesses the propriety of integrating authenticity measures into the measurement of perceived value.

Details

Young Consumers, vol. 19 no. 1
Type: Research Article
DOI: https://doi.org/10.1108/YC-07-2017-00714
ISSN: 1747-3616

Keywords

  • Existential authenticity
  • Destination authenticity
  • Heritage precinct
  • Object-based authenticity
  • Perceived value framework

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Article
Publication date: 21 October 2013

Perceived value of pasta in Greece and Romania

Claudia Dumitrescu, William Nganje and Clifford J. Shultz

This study aims to provide international pasta marketers with a better understanding of how consumers perceive product value, which enables them to create and deliver value…

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Abstract

Purpose

This study aims to provide international pasta marketers with a better understanding of how consumers perceive product value, which enables them to create and deliver value. The effects of COO, price, and content on purchase intentions are assessed.

Design/methodology/approach

Data were collected via the survey method in Romania and Greece. Using a random utility discrete choice model, the authors test five hypotheses.

Findings

Overall, Romanian and Greek individuals are less likely to buy US pasta; nevertheless, the likelihood that US or Italian pasta is purchased increases when this product is made from durum wheat versus soft wheat. Differences in purchase intentions due to age, gender, education, income, and nationality are also found.

Research limitations/implications

The results have important implications for international pasta marketers, as it helps them to better understand the perceived pasta value and to position this product effectively in Greek and Romanian markets. Future studies should examine wider pasta market segmentation in the Balkans.

Originality/value

This study contributes to the value literature by providing a framework of perceived value of foreign food products. Also, addressing concerns expressed in the literature, this study examines the COO effects on purchase intentions in a multi-cue context, focusing on low-involvement food products such as pasta. Because individual preferences for COO vary widely, the need for empirical evidence to complement theory is critical, and this is the first study with regard to Greek and Romanian consumers' intentions to buy foreign pasta.

Details

British Food Journal, vol. 115 no. 10
Type: Research Article
DOI: https://doi.org/10.1108/BFJ-07-2013-0195
ISSN: 0007-070X

Keywords

  • Perceived value
  • Value creation
  • Pasta
  • Country of origin
  • Multiple cues

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Article
Publication date: 5 October 2012

Extensions on the conceptualization of customer perceived value: insights from the airline industry

Thomas Mayr and Andreas H. Zins

The purpose of this paper is to test and compare different conceptual approaches for perceived value in a service context.

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Abstract

Purpose

The purpose of this paper is to test and compare different conceptual approaches for perceived value in a service context.

Design/methodology/approach

Perceived value is an outcome construct that results from various benefits received and sacrifices devoted to achieve a particular exchange of a service. The paper compares three different modeling approaches (Type 1, Type 2, and Type 4) for perceived value using data from an in‐flight survey. The questionnaire covered topics such as perceived service quality and overall satisfaction, price perception, customer value, and customer retention.

Findings

The theoretical discussion repeatedly emphasizes that only the formative modeling of perceived value fits the arguments put forward in the existing literature. This study replicates and extends a study by Lin et al. in the airline service context. The paper reports details about the impact of the proposed seven “get” and “give” components, together with an analysis of the consequences perceived value has on satisfaction, loyalty, and word‐of‐mouth.

Research limitations/implications

The findings suggest extensions and improvements concerning measurement and conceptual issues.

Practical implications

Perceived value shows a substantial effect on behavioral consequences. Service operations must observe the perception of atmospherics emerging from the main service encounters next to considering functional aspects.

Originality/value

Misconceptualizations of multi‐item constructs are well known. However, critical discussions and empirical tests are still scarce in the tourism field. This paper tests and compares different conceptual approaches for perceived value in a service context.

Details

International Journal of Culture, Tourism and Hospitality Research, vol. 6 no. 4
Type: Research Article
DOI: https://doi.org/10.1108/17506181211265086
ISSN: 1750-6182

Keywords

  • Customer value
  • Customer satisfaction
  • Loyalty
  • Airline industry
  • Formative and reflective indicator models
  • Consumer behaviour
  • Modelling

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Article
Publication date: 8 May 2018

Reversing the tide of sport globalization from west to east? Examining consumer demand for table tennis clubs in the U.S.

Yi Zhang, Minkil Kim, Jerred Junqi Wang and Brenda Pitts

By using table tennis as an example and conducting an in-depth investigation into the impact of market demand factors on membership consumption of table tennis club…

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Abstract

Purpose

By using table tennis as an example and conducting an in-depth investigation into the impact of market demand factors on membership consumption of table tennis club members in the USA, the purpose of this paper is to illustrate the opportunities and marketing efforts needed for Asian sports to survive and thrive in North America, in which consumer demand factors assessing core program features of table tennis clubs were found to be very influential of cognitive, affective, and behavioral consumptions of table tennis club members.

Design/methodology/approach

Through conducting a review of literature, observations of club operations, and interviews of club administrators and club members representing various table tennis clubs, a preliminary questionnaire was formulated for this study. The initial questionnaire was submitted to a panel of five experts, for a test of content validity. By incorporating their suggestions, editing was made to improve a number of the items in the questionnaire. Data collection took place in two national table tennis tournaments, two local tournaments, and six table tennis clubs. Procedures in SPSS 19.0 (SPSS, 2009) and Mplus 5.21 were carried out for data analyses.

Findings

The findings of this study are that market demand factors would be significantly related to consumer perceived benefits and perceived value, and in turn related to consumer satisfaction of table tennis club membership. The market demand factors had a positive impact on perceived value and benefits confirmed the theoretical framework and previous research findings, which also made a practical sense that a table tennis club needs to offer product features and meet expectations of its current and potential members in order to enhance program value and benefits perceived by its members.

Originality/value

The past two decades have marked the speediest rise of a globalized sport production and consumption trend. In an era of globalized sport marketplace, sports have become a business commodity to meet the needs of commerce. For an Asian sport to penetrate into the North American marketplace as table tennis has done, it would be wise to develop regional network, strategies, product, and promotions. It is expected that table tennis as a popular Asian sport will continue being spread to other parts of the world; thus, the findings of this study have potential relevance to promoting table tennis globally.

Details

International Journal of Sports Marketing and Sponsorship, vol. 19 no. 2
Type: Research Article
DOI: https://doi.org/10.1108/IJSMS-07-2017-0059
ISSN: 1464-6668

Keywords

  • Eastern sports
  • Globalized marketplace
  • Participant sports
  • Sport exportation

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