articleMarketing TheoryAug 31, 2006Closed access

Creating value-in-use through marketing interaction: the exchange logic of relating, communicating and knowing

University of Otago · University of Waikato

Indexed incrossref

Abstract

This article elaborates and extends the Vargo and Lusch (2004a) service-dominant (S-D) logic thesis. Three linked exchange-enablers and their potential for improving value-in-use are discussed: first, relationships to give structural support for the creation and application of knowledge resources (relating); second, communicative interaction to develop these relationships (communicating); and third, the knowledge needed to improve the customer's service experience (knowing). These activities are integrated within an augmented S-D exchange model, and the implications for co-creating value are discussed. Finally, the argument is put that a customer's value-in-use begins with the enactment of value propositions,…

Citation impact

798
total citations
FWCI
37.34
Percentile
100%
References
32
Citations per year

Authors

2

Topics & keywords

Keywords
  • Service-dominant logic
  • Value (mathematics)
  • Reciprocal
  • Argument (complex analysis)
  • Knowledge management
  • Context (archaeology)
  • Service (business)
  • Value creation
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