The challenge of communicating reciprocal value promises: buyer-seller value proposition disparity in professional services

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2017

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Elsevier

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Article

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0019-8501

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Baumann J, Le Meunier-Fitz HK, Wilson HN, The challenge of communicating reciprocal value promises: buyer-seller value proposition disparity in professional services, Industrial Marketing Management, Volume 64, July 2017, Pages 107-121

Abstract

This study explores the communication of reciprocal value propositions in buyer-seller interaction and examines whether each party's value proposition is congruent with the value sought by their respective counterpart. Through 31 in-depth interviews with customers and salespeople from six professional service organizations, it was found that while both parties deliberately articulate value propositions, thereby initiating the co-creation process, there are some surprising disparities in the value dimensions offered by the salesperson. Although the customer's value proposition is largely consistent with the value sought by the seller, a marked discrepancy was encountered in the reverse case (i.e. between the seller's value proposition and the buyer's desired value). These findings indicate a significant misalignment between the seller's value proposition and actual co-creative behavior that can impede the subsequent collaboration and resource integration between the two parties, which could lead to customer dissatisfaction and potentially even service failure.

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Attribution-NonCommercial-NoDerivatives 4.0 International

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