Abstract

Increasingly, knowledgeable business-to-business (B2B) customers and evolving customer needs are leading to seismic shifts in vendor–client interactions. Across industries, sellers are changing their business models from a simple goods orientation to a hybrid goods–services model, placing greater emphasis on delivering complete customer solutions. In such an environment, companies must find ways to prioritize investments in resource development. The service-dominant (S-D) logic framework offers significant insights into this challenge; however, these effects have not been tested quantitatively. This study addresses that gap, examining the influence of various seller resources on buyer satisfaction. An empirical analysis of buying organizations that purchased and implemented business intelligence systems finds that “augmented” operant resources that the buyers ascribe to the software’s sellers—resources that go above and beyond expectations—are the most significant predictors of both successful technology assimilation and overall customer relationship quality. In particular, an augmented operant resource reflecting a seller’s ability to see value creation opportunities from the buyer’s perspective (value mindset) has up to three times the effect on relationship satisfaction as “core” operant resources such as product-specific expertise or basic interpersonal service skills. These results can help sellers prioritize resource investments.

Highlights

  • Knowledgeable business-to-business (B2B) customers and evolving customer needs are leading to seismic shifts in vendor–client interactions

  • Given the rapid emergence of hybrid goods–services organizations across industries (Baines and Lightfoot 2013; Shankar et al 2009; Ulaga and Reinartz 2011), traditionally goods-oriented companies face an increasingly important business development question: what services should they invest in? Or, put more analytically, what services have the greatest impact on customer relationships? The expanding service-dominant (S-D) logic literature (Vargo and Lusch 2004, 2008b) casts this question in terms of developing and applying Bresources^ to create value

  • Analysis of the dataset consisted of two main steps: (1) refinement of the partial least squares (PLS) measurement model that defines the relationship between the observed variable indicators and the unobserved latent constructs, and (2) assessment of the structural model, represented by path coefficients between the latent constructs

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Summary

Introduction

Knowledgeable business-to-business (B2B) customers and evolving customer needs are leading to seismic shifts in vendor–client interactions. An augmented operant resource reflecting a seller’s ability to see value creation opportunities from the buyer’s perspective (value mindset) has up to three times the effect on relationship satisfaction as Bcore^ operant resources such as product-specific expertise or basic interpersonal service skills. These results can help sellers prioritize resource investments. Our second objective is to illuminate the buyer’s perspective, analyzing the impact of a seller’s operant and operand resources on customer perceptions of value created We do this using a holistic, end-to-end framework, which allows us to measure the relative contribution of distinctive seller resources (as perceived by the buyer) while concurrently depicting value co-creation

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