TY - JOUR
T1 - Servitization experience measurement and the effect of servitization experience on brand resonance and customer retention
AU - Jang, Kyeong Kook
AU - Bae, Joonheui
AU - Kim, Kyung Hoon
N1 - Publisher Copyright:
© 2020 Elsevier Inc.
PY - 2021/6
Y1 - 2021/6
N2 - Servitization, the convergence between new services with the existing products, creates significant value-in-use for both customers and firms. The current study develops measures of servitization experience based on the service-dominant logic and investigates their effect on customer retention, mediated by value-in-use of servitization and brand resonance. First, servitization measures were developed across five stages. Next, the effect of servitization experiences on customer retention was demonstrated. The results show that integrated servitization experience, customized servitization experience, relational servitization experience, and playful servitization experience are the measures of servitization experience, and this servitization experience has a positive influence on customer retention. Additionally, value-in-use of servitization and brand resonance fully and serially mediated the effect of servitization experience on customer retention. Servitization measures help scholars and marketers understand the importance of servitization experience and provide an empirical demonstration of the effect of servitization experience on customers and firms.
AB - Servitization, the convergence between new services with the existing products, creates significant value-in-use for both customers and firms. The current study develops measures of servitization experience based on the service-dominant logic and investigates their effect on customer retention, mediated by value-in-use of servitization and brand resonance. First, servitization measures were developed across five stages. Next, the effect of servitization experiences on customer retention was demonstrated. The results show that integrated servitization experience, customized servitization experience, relational servitization experience, and playful servitization experience are the measures of servitization experience, and this servitization experience has a positive influence on customer retention. Additionally, value-in-use of servitization and brand resonance fully and serially mediated the effect of servitization experience on customer retention. Servitization measures help scholars and marketers understand the importance of servitization experience and provide an empirical demonstration of the effect of servitization experience on customers and firms.
KW - Service-dominant logic
KW - Servitization
KW - Social identity theory
KW - Value-in-use
UR - http://www.scopus.com/inward/record.url?scp=85082644893&partnerID=8YFLogxK
U2 - 10.1016/j.jbusres.2020.03.012
DO - 10.1016/j.jbusres.2020.03.012
M3 - Journal article
AN - SCOPUS:85082644893
SN - 0148-2963
VL - 130
SP - 384
EP - 397
JO - Journal of Business Research
JF - Journal of Business Research
ER -