The concept of consumer-business collaboration is gaining importance in information society in which the notion of coexistence is critical. Several reasons could be behind the shift in paradigm from that of competition to that of collaboration between...
The concept of consumer-business collaboration is gaining importance in information society in which the notion of coexistence is critical. Several reasons could be behind the shift in paradigm from that of competition to that of collaboration between consumers and businesses. First driving force of such change can be found on consumer side. In the information age, consumers could access information that were not available to them before and they are able to modify, produce and share information with other consumers, and such informed consumers become empowered in the market. From business perspective, collaboration is essential element in business success and sustainability. In order to succeed and cope with fast changing market conditions, it is important for businesses to form partnership with consumers and feel the needs of consumers and respond to them in an appropriate and timely manner. This study suggest that is “Consumer-Business co-creation of Value”. In advanced research, I’ve already defined the concept of “Consumer-Business co-creation of Value”, and developed the scale for consumer-business co-creation of value.
On this study achieves expert panel interview for understanding the blocking of co-creation of value. This study found three aspects of hindrance of co-creation of value: consumer, business, and the others.
First of all, consumer aspects result are as followings.
First, there are so many passive consumer who do not co-create the value. Even though product or service is unsatisfied, passive consumer do not express their opinion. As a result they did not contribute to new product that is reflected consumer’s value. Secondly, Consumer creation value are very personal or impromptu, so business devaluate of the consumer proposal value. Thirdly, pro-active consumers for value co-creation manipulate the value by business’ money reward system.
Nextly, business aspect’s results are as followings.
First, Marketing and sales are the core department for product developing. Through marketing and sales departments have to focus on consumer value, the priority oder for them is not consumer value but a suitable time launching or sales revenue. Secondly, Consumer satisfaction department that managed consumer opinion have lower hierarchy in business organization. Thirdly, CEO emphasize consumer value but it’s very abstract. They do not have a system for company worker’s co-creation of value activities. Fourthly, there are not enough successful case of co-creation of value.
The last, the other aspect’s result are as followings.
In market, there are some business categories to support business, for example PR agency or research firm. Despite their role is not only understand but also deliver consumers’ true needs and wants based on consumer’ behavior, those agencies often take advantage of such situation. When advertisers made an arbitrary decision, sometimes they gave a tacit for continuous good relationship.
Based on the results from these surveys, To revitalize co-creation of value activities, we will consider two sides. One is consumer’s value creation “Contents” aspect and the other is the “Systems” aspects. The meaning of the contents is education source for co-creation of value activities of consumer and business. And the meaning of the system is the comprehensive conditions of business surroundings for example, information system, employee evaluation system, organization system, business managing system and so on.
This study contributes to field of consumer’s sovereignty by conceptualization consumer-business co-creation of value, and this study has great significance for business also, because the meaning of consumer-business co-creation of value is for win-win of both sides in market. Through performing consumer-business co-creation of value activities, business can accomplish their profit seeking and existence.