Pub Date : 2024-05-01DOI: 10.1016/j.indmarman.2024.04.004
Oliver Wirths , Zsófia Tóth , Carlos A. Diaz Ruiz
This study examines the adversarial dynamics that emerge when service firms assess that manufacturers' servitization initiatives pose an existential risk to their survival as independent organizations. Adopting an industrial networks perspective, this investigation explores how service firms respond to manufacturers' servitization initiatives that threaten to disintermediate them. The study explores how Maintenance, Repair, and Overhaul firms (MROs) in the aviation industry respond to servitization initiated by Original Equipment Manufacturing firms (OEMs). Empirically, interviews with 49 experienced managers were conducted in the service network to understand their strategic pathways. Their responses reveal that MROs can resist servitization by strengthening their relationships with airlines or developing service-led advanced services. Alternatively, MROs can support OEMs' servitization by becoming subcontractors or licensed resource integrators. This study shows that servitization depends on the orchestration of service network actors with differing interests, making it contingent and multilateral.
{"title":"Adversarial Service Networks: A Study of Service firms","authors":"Oliver Wirths , Zsófia Tóth , Carlos A. Diaz Ruiz","doi":"10.1016/j.indmarman.2024.04.004","DOIUrl":"https://doi.org/10.1016/j.indmarman.2024.04.004","url":null,"abstract":"<div><p>This study examines the adversarial dynamics that emerge when service firms assess that manufacturers' servitization initiatives pose an existential risk to their survival as independent organizations. Adopting an industrial networks perspective, this investigation explores how service firms respond to manufacturers' servitization initiatives that threaten to disintermediate them. The study explores how Maintenance, Repair, and Overhaul firms (MROs) in the aviation industry respond to servitization initiated by Original Equipment Manufacturing firms (OEMs). Empirically, interviews with 49 experienced managers were conducted in the service network to understand their strategic pathways. Their responses reveal that MROs can <em>resist</em> servitization by strengthening their relationships with airlines or developing service-led advanced services. Alternatively, MROs can <em>support</em> OEMs' servitization by becoming subcontractors or licensed resource integrators. This study shows that servitization depends on the orchestration of service network actors with differing interests, making it contingent and multilateral.</p></div>","PeriodicalId":51345,"journal":{"name":"Industrial Marketing Management","volume":"119 ","pages":"Pages 162-177"},"PeriodicalIF":10.3,"publicationDate":"2024-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0019850124000609/pdfft?md5=fa10fd17cacfa47f2283c5be4b78ca24&pid=1-s2.0-S0019850124000609-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140818202","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-05-01DOI: 10.1016/j.indmarman.2024.04.013
Shilpi Jain , Sriparna Basu , Yogesh K. Dwivedi
Even though environmental values and sustainable branding have garnered much attention in the B2C context, B2B contexts remain relatively less explored. This study introduces a novel synthesis of Signaling theory and Stewardship theory and examines the moderating impact of brand governance on the relationship between green brand identity, consistent communication and channel partner commitment, leading to tactical green marketing orientation. Distinguishing itself from previous research, our approach embraces a multi-perspective lens, delving into the viewpoints of both channel partners and organizations (i.e., managers). Employing an explanatory sequential mixed method design, the first phase involved an empirical survey with 248 respondents (Study 1). Subsequently, the second phase (Study 2) comprised qualitative interviews with 41 respondents. The findings from both studies converged, revealing a positive association between “consistent communication” and “attitude,” a robust connection between “attitude” and “commitment,” and a favorable correlation between “green brand identity” and “attitude,” ultimately leading to a positive relationship between “attitude” and “green tactical marketing orientation". This research significantly contributes to the comprehension of B2B green brand positioning by demonstrating, that in the B2B context, brand governance influences channel partners' commitment and tactical green marketing orientation.
{"title":"Green brand identity and B2B channel partners' tactical green marketing orientation: Moderating effect of brand governance","authors":"Shilpi Jain , Sriparna Basu , Yogesh K. Dwivedi","doi":"10.1016/j.indmarman.2024.04.013","DOIUrl":"https://doi.org/10.1016/j.indmarman.2024.04.013","url":null,"abstract":"<div><p>Even though environmental values and sustainable branding have garnered much attention in the B2C context, B2B contexts remain relatively less explored. This study introduces a novel synthesis of Signaling theory and Stewardship theory and examines the moderating impact of brand governance on the relationship between green brand identity, consistent communication and channel partner commitment, leading to tactical green marketing orientation. Distinguishing itself from previous research, our approach embraces a multi-perspective lens, delving into the viewpoints of both channel partners and organizations (i.e., managers). Employing an explanatory sequential mixed method design, the first phase involved an empirical survey with 248 respondents (Study 1). Subsequently, the second phase (Study 2) comprised qualitative interviews with 41 respondents. The findings from both studies converged, revealing a positive association between “consistent communication” and “attitude,” a robust connection between “attitude” and “commitment,” and a favorable correlation between “green brand identity” and “attitude,” ultimately leading to a positive relationship between “attitude” and “green tactical marketing orientation\". This research significantly contributes to the comprehension of B2B green brand positioning by demonstrating, that in the B2B context, brand governance influences channel partners' commitment and tactical green marketing orientation.</p></div>","PeriodicalId":51345,"journal":{"name":"Industrial Marketing Management","volume":"119 ","pages":"Pages 218-237"},"PeriodicalIF":10.3,"publicationDate":"2024-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140842954","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
In contemporary and global business-to-business (B2B) markets, sales interactions are increasingly conducted via video-based technologies. However, research on the consequences of video-based sales interactions (VSIs) on customer relationships is surprisingly limited. Therefore, the purpose of this study is to explore the consequences of VSIs on cross-cultural customer relationships. We employ a grounded theory approach and derive empirical insights from interviews with 31 salespeople in 17 sales organizations, and 8 of their customers from 8 customer organizations. The findings reveal how VSIs can enhance or restrict different dimensions (interactive, affective, relational, visual) of social presence in the relationship initiation and maintenance phases, and how this can lead to positive and negative relationship consequences. Overall, this study contributes to B2B marketing theory and practice by providing novel insights and a new understanding of the effects of VSIs on customer relationships and explains why and how they manifest in practice.
在当代和全球企业对企业(B2B)市场中,越来越多的销售互动是通过视频技术进行的。然而,有关视频销售互动(VSI)对客户关系影响的研究却少得令人吃惊。因此,本研究旨在探讨视频销售互动对跨文化客户关系的影响。我们采用了基础理论方法,并从对 17 家销售机构的 31 名销售人员和 8 家客户机构的 8 名客户的访谈中获得了经验见解。研究结果揭示了 VSI 如何在关系启动和维护阶段增强或限制社会存在的不同维度(互动、情感、关系、视觉),以及这如何导致积极和消极的关系后果。总之,本研究为 B2B 营销理论和实践做出了贡献,提供了新的见解,对 VSI 对客户关系的影响有了新的理解,并解释了它们在实践中的表现原因和方式。
{"title":"Video-based sales interaction in cross-cultural B2B relationships: Potential (un)desired consequences","authors":"Jonna Koponen , Jaakko Metsola , Lotta Salin , Joona Keränen","doi":"10.1016/j.indmarman.2024.05.003","DOIUrl":"https://doi.org/10.1016/j.indmarman.2024.05.003","url":null,"abstract":"<div><p>In contemporary and global business-to-business (B2B) markets, sales interactions are increasingly conducted via video-based technologies. However, research on the consequences of video-based sales interactions (VSIs) on customer relationships is surprisingly limited. Therefore, the purpose of this study is to explore the consequences of VSIs on cross-cultural customer relationships. We employ a grounded theory approach and derive empirical insights from interviews with 31 salespeople in 17 sales organizations, and 8 of their customers from 8 customer organizations. The findings reveal how VSIs can enhance or restrict different dimensions (interactive, affective, relational, visual) of social presence in the relationship initiation and maintenance phases, and how this can lead to positive and negative relationship consequences. Overall, this study contributes to B2B marketing theory and practice by providing novel insights and a new understanding of the effects of VSIs on customer relationships and explains why and how they manifest in practice.</p></div>","PeriodicalId":51345,"journal":{"name":"Industrial Marketing Management","volume":"119 ","pages":"Pages 238-251"},"PeriodicalIF":10.3,"publicationDate":"2024-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0019850124000737/pdfft?md5=ae493d4493771c047e533b829facc53a&pid=1-s2.0-S0019850124000737-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140880478","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-05-01DOI: 10.1016/j.indmarman.2024.04.007
Désirée A.C. Wieland , Björn S. Ivens , Elizaveta Kutschma , Philipp A. Rauschnabel
Augmented reality (AR) and virtual reality (VR) are promising approaches that B2B companies consider to be part of their customer experience management. However, this area is largely unexplored academically, resulting in a lack of theory and practical guidance. Based on existing customer experience and AR/ VR literature, we anticipate that these technologies can expand touchpoints in the customer journey, enhancing the experiences of professionals involved in purchasing activities by providing them with empowerment and support. Consequently, we applied exploratory, theory-building research to identify and organize current industry practices into a coherent framework and theorize their role in shaping customer experiences. For example, current marketing use cases include project and product visualization, event-based engagement, remote support, and employee training, and are particularly employed in the early stages of the customer journey. We also identified several benefits related to branding, relationships, transactions, costs, and sustainability. The theoretical contribution of our study extends the current understanding of the role of AR and VR in B2B customer experience management. It provides practical insights for B2B marketing professionals on the strategic deployment of AR and VR technologies to enhance customer experiences based on real-world examples.
增强现实(AR)和虚拟现实(VR)是 B2B 公司认为很有前途的客户体验管理方法。然而,学术界对这一领域大多未加探索,导致缺乏理论和实践指导。根据现有的客户体验和 AR/ VR 文献,我们预计这些技术可以扩展客户旅程中的接触点,通过为参与采购活动的专业人士提供授权和支持来增强他们的体验。因此,我们采用了探索性的理论构建研究,以确定当前的行业实践,并将其组织到一个连贯的框架中,从理论上阐明它们在塑造客户体验方面的作用。例如,当前的营销用例包括项目和产品可视化、基于事件的参与、远程支持和员工培训,尤其是在客户旅程的早期阶段。我们还发现了一些与品牌、关系、交易、成本和可持续性相关的益处。我们研究的理论贡献扩展了目前对 AR 和 VR 在 B2B 客户体验管理中作用的理解。它为 B2B 营销专业人员提供了基于真实案例的 AR 和 VR 技术战略部署的实用见解,以增强客户体验。
{"title":"Augmented and virtual reality in managing B2B customer experiences","authors":"Désirée A.C. Wieland , Björn S. Ivens , Elizaveta Kutschma , Philipp A. Rauschnabel","doi":"10.1016/j.indmarman.2024.04.007","DOIUrl":"https://doi.org/10.1016/j.indmarman.2024.04.007","url":null,"abstract":"<div><p>Augmented reality (AR) and virtual reality (VR) are promising approaches that B2B companies consider to be part of their customer experience management. However, this area is largely unexplored academically, resulting in a lack of theory and practical guidance. Based on existing customer experience and AR/ VR literature, we anticipate that these technologies can expand touchpoints in the customer journey, enhancing the experiences of professionals involved in purchasing activities by providing them with empowerment and support. Consequently, we applied exploratory, theory-building research to identify and organize current industry practices into a coherent framework and theorize their role in shaping customer experiences. For example, current marketing use cases include project and product visualization, event-based engagement, remote support, and employee training, and are particularly employed in the early stages of the customer journey. We also identified several benefits related to branding, relationships, transactions, costs, and sustainability. The theoretical contribution of our study extends the current understanding of the role of AR and VR in B2B customer experience management. It provides practical insights for B2B marketing professionals on the strategic deployment of AR and VR technologies to enhance customer experiences based on real-world examples.</p></div>","PeriodicalId":51345,"journal":{"name":"Industrial Marketing Management","volume":"119 ","pages":"Pages 193-205"},"PeriodicalIF":10.3,"publicationDate":"2024-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0019850124000634/pdfft?md5=03a554eff96c73d973ae887bd5691ff3&pid=1-s2.0-S0019850124000634-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140824217","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-05-01DOI: 10.1016/j.indmarman.2024.04.005
Yihui Elina Tang , Murali K. Mantrala
Business-to-business (B2B) marketers typically segment their direct customers on two segmentation bases: direct customers' expressed needs and evident behaviors. However, direct customers' demand for business marketers' offerings is often ‘derived demand’, i.e., heavily influenced by the needs of their own downstream customers. Consequently, scholars suggest that marketers may benefit from incorporating these customers' customer needs as a third segmentation base, distinct from but possibly interrelated to the two bases of direct customers' needs and behaviors. However, extant joint segmentation models are limited to two-bases. Focusing on the addition of a third customers' customer needs basis, a new B2B joint segmentation model is proposed, allowing for three interrelated segmentation bases. The model is first validated in Monte Carlo simulation studies and then applied to segmenting the business customers (advertisers) of a US newspaper publisher seeking to enable more precisely targeted selling effort allocation and communications strategies. The model uncovered joint segments of business customers based on their behaviors, needs, and downstream customers' needs. Results demonstrate the advantage of the model that yields actionable segments of customers with similar downstream customer needs. Finally, model relevance and feasibility in contemporary B2B markets is confirmed in a qualitative study with experts in various industries.
{"title":"Incorporating direct customers' customer needs in a multi-dimensional B2B market segmentation approach","authors":"Yihui Elina Tang , Murali K. Mantrala","doi":"10.1016/j.indmarman.2024.04.005","DOIUrl":"10.1016/j.indmarman.2024.04.005","url":null,"abstract":"<div><p>Business-to-business (B2B) marketers typically segment their direct customers on two segmentation bases: <em>direct customers' expressed needs</em> and <em>evident behaviors</em>. However, direct customers' demand for business marketers' offerings is often ‘derived demand’, i.e., heavily influenced by the needs of their own downstream customers. Consequently, scholars suggest that marketers may benefit from incorporating these <em>customers' customer needs</em> as a third segmentation base, distinct from but possibly interrelated to the two bases of direct customers' needs and behaviors. However, extant joint segmentation models are limited to two-bases. Focusing on the addition of a third customers' customer needs basis, a new B2B joint segmentation model is proposed, allowing for three interrelated segmentation bases. The model is first validated in Monte Carlo simulation studies and then applied to segmenting the business customers (advertisers) of a US newspaper publisher seeking to enable more precisely targeted selling effort allocation and communications strategies. The model uncovered joint segments of business customers based on their behaviors, needs, and downstream customers' needs. Results demonstrate the advantage of the model that yields actionable segments of customers with similar downstream customer needs. Finally, model relevance and feasibility in contemporary B2B markets is confirmed in a qualitative study with experts in various industries.</p></div>","PeriodicalId":51345,"journal":{"name":"Industrial Marketing Management","volume":"119 ","pages":"Pages 252-263"},"PeriodicalIF":10.3,"publicationDate":"2024-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141027212","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-05-01DOI: 10.1016/j.indmarman.2024.04.011
Claas Terpoorten , Jan F. Klein , Katrin Merfeld
Cloud computing services represent a rapidly growing business-to-business (B2B) market, but managers lack guidance on managing the customer journey for these complex digital services. To address this challenge, we conduct an exploratory qualitative study based on 20 interviews with providers and customers of cloud computing services, supplemented by data from observations. Our research highlights critical touchpoints along the customer journey in cloud computing markets and provides implications for B2B customer journey management. A key finding is that B2B customers' IT competency is a crucial differentiator in this market. That is, while IT-savvy companies evaluate these services independently and use them in a self-service fashion, IT-novice companies rely on multipliers (e.g., IT system houses) to act as support and gatekeepers to buying cloud computing services. This difference has implications for the composition of buying and usage centers, the development of the customer journey, and the control of touchpoints by the service provider. Thus, cloud service providers need to manage two types of customer journey: one directly focused on customers and another involving the management of multipliers. Based on these findings, we offer recommendations for B2B practitioners to guide their customers through the journey for this complex digital service.
云计算服务是一个快速增长的企业对企业(B2B)市场,但管理者缺乏管理这些复杂数字服务的客户旅程的指导。为了应对这一挑战,我们对云计算服务的提供商和客户进行了 20 次访谈,并辅以观察数据,在此基础上开展了一项探索性定性研究。我们的研究强调了云计算市场客户旅程中的关键接触点,并为 B2B 客户旅程管理提供了启示。一个重要发现是,B2B 客户的 IT 能力是这一市场的关键区分因素。也就是说,精通IT的公司会独立评估这些服务,并以自助的方式使用它们,而IT新手公司则依靠倍增器(如IT系统公司)作为购买云计算服务的支持和把关人。这种差异对购买和使用中心的组成、客户旅程的发展以及服务提供商对接触点的控制都有影响。因此,云计算服务提供商需要管理两种类型的客户旅程:一种直接以客户为中心,另一种则涉及乘数管理。基于这些发现,我们为 B2B 从业者提供了一些建议,以引导他们的客户体验这种复杂的数字服务。
{"title":"Understanding B2B customer journeys for complex digital services: The case of cloud computing","authors":"Claas Terpoorten , Jan F. Klein , Katrin Merfeld","doi":"10.1016/j.indmarman.2024.04.011","DOIUrl":"https://doi.org/10.1016/j.indmarman.2024.04.011","url":null,"abstract":"<div><p>Cloud computing services represent a rapidly growing business-to-business (B2B) market, but managers lack guidance on managing the customer journey for these complex digital services. To address this challenge, we conduct an exploratory qualitative study based on 20 interviews with providers and customers of cloud computing services, supplemented by data from observations. Our research highlights critical touchpoints along the customer journey in cloud computing markets and provides implications for B2B customer journey management. A key finding is that B2B customers' IT competency is a crucial differentiator in this market. That is, while IT-savvy companies evaluate these services independently and use them in a self-service fashion, IT-novice companies rely on multipliers (e.g., IT system houses) to act as support and gatekeepers to buying cloud computing services. This difference has implications for the composition of buying and usage centers, the development of the customer journey, and the control of touchpoints by the service provider. Thus, cloud service providers need to manage two types of customer journey: one directly focused on customers and another involving the management of multipliers. Based on these findings, we offer recommendations for B2B practitioners to guide their customers through the journey for this complex digital service.</p></div>","PeriodicalId":51345,"journal":{"name":"Industrial Marketing Management","volume":"119 ","pages":"Pages 178-192"},"PeriodicalIF":10.3,"publicationDate":"2024-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0019850124000671/pdfft?md5=97f4dab298608538de6cdc5331b9ac6c&pid=1-s2.0-S0019850124000671-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140824216","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-05-01DOI: 10.1016/j.indmarman.2024.04.014
Ahmed Shahriar Ferdous , Husain Salilul Akareem , Madhu Viswanathan , Linda D. Hollebeek , Allison Ringer
Subsistence marketplaces generate over US$4 trillion annual spend and host fifty million B2B subsistence micro-enterprises, globally. These enterprises are increasingly adopting technology-driven service innovations, including app-based mobile financial services, to boost retail supply value chain efficiency. However, fostering users' continued engagement post-adoption in these markets remains challenging. Addressing this issue, in Study 1, we gather insights into theories-in-use held by app-based service providers, subsistence micro-suppliers, and -retailers. This led to a conceptual model grounded on the stimuli-organism-response (S-O-R) framework and SD logic. In Study 2 we empirically test this model through a field study with a dyadic sample of 253 micro-suppliers and micro-retailers. The findings reveal that relationship-building marketing strategies increase engagement, while transaction-focused strategies hinder it. App functionality (vs. aesthetics), likewise, represents a key customer engagement driver. Increased app-based services engagement positively impacts on non-coercive power and relationship satisfaction. These findings offer actionable implications for policymakers and marketers, emphasizing technology's role in fostering financial and digital inclusivity and efficiency in traditionally underserved B2B subsistence marketplaces.
{"title":"Boosting app-based mobile financial services engagement in B2B subsistence marketplaces: The roles of marketing strategy and app design","authors":"Ahmed Shahriar Ferdous , Husain Salilul Akareem , Madhu Viswanathan , Linda D. Hollebeek , Allison Ringer","doi":"10.1016/j.indmarman.2024.04.014","DOIUrl":"https://doi.org/10.1016/j.indmarman.2024.04.014","url":null,"abstract":"<div><p>Subsistence marketplaces generate over US$4 trillion annual spend and host fifty million B2B subsistence micro-enterprises, globally. These enterprises are increasingly adopting technology-driven service innovations, including app-based mobile financial services, to boost retail supply value chain efficiency. However, fostering users' continued engagement <em>post</em>-adoption in these markets remains challenging. Addressing this issue, in Study 1, we gather insights into theories-in-use held by app-based service providers, subsistence micro-suppliers, and -retailers. This led to a conceptual model grounded on the stimuli-organism-response (S-O-R) framework and SD logic. In Study 2 we empirically test this model through a field study with a dyadic sample of 253 micro-suppliers and micro-retailers. The findings reveal that relationship-building marketing strategies increase engagement, while transaction-focused strategies hinder it. App functionality (vs. aesthetics), likewise, represents a key customer engagement driver. Increased app-based services engagement positively impacts on non-coercive power and relationship satisfaction. These findings offer actionable implications for policymakers and marketers, emphasizing technology's role in fostering financial and digital inclusivity and efficiency in traditionally underserved B2B subsistence marketplaces.</p></div>","PeriodicalId":51345,"journal":{"name":"Industrial Marketing Management","volume":"119 ","pages":"Pages 147-161"},"PeriodicalIF":10.3,"publicationDate":"2024-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0019850124000701/pdfft?md5=cdac07ba43b935e04cbf849f09a7dde1&pid=1-s2.0-S0019850124000701-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140815369","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-04-25DOI: 10.1016/j.indmarman.2024.04.009
Hamed Mehrabi , Yongjian Ken Chen , Abbas Keramati
Customer analytics capability remains underdeveloped among firms despite its potential for enhancing competitiveness. Previous research has predominantly focused on inside-out organizational factors as drivers of customer analytics capability. This paper examines the role of outside-in resource, the complementarity between outside-in and inside-out resources, and their boundary conditions. Specifically, we study how customer orientation culture (an outside-in resource) complements data-driven culture (an inside-out resource) in firms of different ages to drive customer analytics capability and subsequently, firm performance. Using survey data obtained from Canadian firms, we find that customer orientation is not only positively related to customer analytics capability but also reinforces the effect of data-driven culture. We further find that the conditional effect of customer orientation becomes stronger as firm age increases. In particular, among older firms, the impact of data-driven culture is greatest when customer orientation is high, but it becomes nonsignificant when customer orientation is low. We also link these relationships to firm performance using mediation and moderated mediation analyses. Overall, the results suggest that achieving customer analytics excellence and resultant competitive performance requires marketing to continuously act as customer champions and advocate data analytics efforts to ensure the firm embraces an outside-in orientation.
{"title":"Developing customer analytics capability in firms of different ages: Examining the complementarity of outside-in and inside-out resources","authors":"Hamed Mehrabi , Yongjian Ken Chen , Abbas Keramati","doi":"10.1016/j.indmarman.2024.04.009","DOIUrl":"https://doi.org/10.1016/j.indmarman.2024.04.009","url":null,"abstract":"<div><p>Customer analytics capability remains underdeveloped among firms despite its potential for enhancing competitiveness. Previous research has predominantly focused on inside-out organizational factors as drivers of customer analytics capability. This paper examines the role of outside-in resource, the complementarity between outside-in and inside-out resources, and their boundary conditions. Specifically, we study how customer orientation culture (an outside-in resource) complements data-driven culture (an inside-out resource) in firms of different ages to drive customer analytics capability and subsequently, firm performance. Using survey data obtained from Canadian firms, we find that customer orientation is not only positively related to customer analytics capability but also reinforces the effect of data-driven culture. We further find that the conditional effect of customer orientation becomes stronger as firm age increases. In particular, among older firms, the impact of data-driven culture is greatest when customer orientation is high, but it becomes nonsignificant when customer orientation is low. We also link these relationships to firm performance using mediation and moderated mediation analyses. Overall, the results suggest that achieving customer analytics excellence and resultant competitive performance requires marketing to continuously act as customer champions and advocate data analytics efforts to ensure the firm embraces an outside-in orientation.</p></div>","PeriodicalId":51345,"journal":{"name":"Industrial Marketing Management","volume":"119 ","pages":"Pages 108-121"},"PeriodicalIF":10.3,"publicationDate":"2024-04-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0019850124000658/pdfft?md5=d925f5873eaa8da7fa9994d1650a7c7a&pid=1-s2.0-S0019850124000658-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140644788","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-04-25DOI: 10.1016/j.indmarman.2024.04.010
Abhishek Shukla , Jyoti Varshney , Alok Raj
This paper investigates the relationship between managerial ties (business and political ties) and firm performance (operational performance and innovation). We consider marketing capabilities as a mediating variable to analyze how it mediates the relationship between managerial ties and firm performance. Previous studies have often taken a piecemeal approach to examining the ties-performance linkage and have been limited by sample size. We use a meta-analytic structural equation modeling (meta-SEM) approach to analyze the proposed relationship. We consider 281 studies assessing 943,331 effect sizes to analyze the results. To investigate the relationship, we consider social exchange and resource-based theory. The results suggest that business (political) ties are positively (negatively) associated with operational performance, while both business and political ties are positively associated with innovation. Further, our result suggests that (a) approximately 14.2% of the effect of business ties on innovation is mediated by marketing capabilities and (b) industry type moderates the relationship between ties and performance. This study helps managers leverage managerial ties to improve firm performance and further suggests a proper mechanism through which firms can improve performance.
{"title":"Examining the linkage between managerial ties and firm performance: The mediating role of marketing capabilities and moderation role of industry - A meta-analytic approach","authors":"Abhishek Shukla , Jyoti Varshney , Alok Raj","doi":"10.1016/j.indmarman.2024.04.010","DOIUrl":"https://doi.org/10.1016/j.indmarman.2024.04.010","url":null,"abstract":"<div><p>This paper investigates the relationship between managerial ties (business and political ties) and firm performance (operational performance and innovation). We consider marketing capabilities as a mediating variable to analyze how it mediates the relationship between managerial ties and firm performance. Previous studies have often taken a piecemeal approach to examining the ties-performance linkage and have been limited by sample size. We use a meta-analytic structural equation modeling (meta-SEM) approach to analyze the proposed relationship. We consider 281 studies assessing 943,331 effect sizes to analyze the results. To investigate the relationship, we consider social exchange and resource-based theory. The results suggest that business (political) ties are positively (negatively) associated with operational performance, while both business and political ties are positively associated with innovation. Further, our result suggests that (a) approximately 14.2% of the effect of business ties on innovation is mediated by marketing capabilities and (b) industry type moderates the relationship between ties and performance. This study helps managers leverage managerial ties to improve firm performance and further suggests a proper mechanism through which firms can improve performance.</p></div>","PeriodicalId":51345,"journal":{"name":"Industrial Marketing Management","volume":"119 ","pages":"Pages 122-134"},"PeriodicalIF":10.3,"publicationDate":"2024-04-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140647276","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-04-24DOI: 10.1016/j.indmarman.2024.03.006
Herbert Endres , Marta Indulska , Arunava Ghosh
While the Industrial Internet of Things (IIoT) holds much promise, there is a mismatch between its potential and companies capturing value from investments in IIoT. Indeed, even when companies recognize the value of IIoT, they do not necessarily know how to grasp related opportunities and are challenged in developing a suitable business model. Accordingly, to alleviate roadblocks to capturing value from IIoT, in this paper we address the challenge of identifying suitable business models in the age of the industrial metaverse. We do so through an extensive review and classification of main IIoT business model archetypes that are successful in practice. In particular, we conduct a content analysis of IIoT projects based on over 2000 articles in industry trade magazines and newspapers. Our analysis identifies four distinct business model archetypes in the context of IIoT, viz. IIoT digical, IIoT service-centered, IIoT data-driven, and IIoT platform, and further explores the challenges that need to be addressed to ensure that companies can capture value from their IIoT initiatives. We explore appropriate contexts for these business model archetypes, and, in doing so, we provide actionable guidance for industrial (marketing) managers seeking to position their IIoT offerings and maximize their value.
{"title":"Unlocking the potential of Industrial Internet of Things (IIOT) in the age of the industrial metaverse: Business models and challenges","authors":"Herbert Endres , Marta Indulska , Arunava Ghosh","doi":"10.1016/j.indmarman.2024.03.006","DOIUrl":"https://doi.org/10.1016/j.indmarman.2024.03.006","url":null,"abstract":"<div><p>While the Industrial Internet of Things (IIoT) holds much promise, there is a mismatch between its potential and companies capturing value from investments in IIoT. Indeed, even when companies recognize the value of IIoT, they do not necessarily know how to grasp related opportunities and are challenged in developing a suitable business model. Accordingly, to alleviate roadblocks to capturing value from IIoT, in this paper we address the challenge of identifying suitable business models in the age of the industrial metaverse. We do so through an extensive review and classification of main IIoT business model archetypes that are successful in practice. In particular, we conduct a content analysis of IIoT projects based on over 2000 articles in industry trade magazines and newspapers. Our analysis identifies four distinct business model archetypes in the context of IIoT, <em>viz</em>. IIoT digical, IIoT service-centered, IIoT data-driven, and IIoT platform, and further explores the challenges that need to be addressed to ensure that companies can capture value from their IIoT initiatives. We explore appropriate contexts for these business model archetypes, and, in doing so, we provide actionable guidance for industrial (marketing) managers seeking to position their IIoT offerings and maximize their value.</p></div>","PeriodicalId":51345,"journal":{"name":"Industrial Marketing Management","volume":"119 ","pages":"Pages 90-107"},"PeriodicalIF":10.3,"publicationDate":"2024-04-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0019850124000440/pdfft?md5=460f26507e6b5c770ab29433f3c69a74&pid=1-s2.0-S0019850124000440-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140644342","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}