Creating value-in-use through marketing interaction: the exchange logic of relating, communicating and knowing
University of Otago · University of Waikato
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
- FWCI
- 37.34
- Percentile
- 100%
- References
- 32
Authors
2Topics & keywords
- Service-dominant logic
- Value (mathematics)
- Reciprocal
- Argument (complex analysis)
- Knowledge management
- Context (archaeology)
- Service (business)
- Value creation