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Higher Price: A Benefit of Online Value Co-Creation Activities in Sponsored Communities
Journal article   Peer reviewed

Higher Price: A Benefit of Online Value Co-Creation Activities in Sponsored Communities

Aihui Chen, Yaobin Lu and Yeming Gong
Information & Management, Vol.59(8), p.103703
12/12/2022

Abstract

Customer-brand relationship IT business value IT-enabled pricing Management innovation Sponsored community Sponsored online value co-creation
This study examines how online value co-creation activities benefit brands in the form of willingness to pay a higher price (WPHP). We propose a framework of value co-creation in three management fields (product design, marketing, and after-sales service) and empirically examine the relationships among co-creation activities, customer-brand relationships, and customers’ WPHP. Interestingly, we find that the co-creation activities in two of the three management fields can enhance both customers’ brand passion and self-brand connection, which increases their WPHP only through the full mediation of brand satisfaction. Our findings contribute to theories on IT value and value co-creation.
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Collaboration types
Domestic collaboration
International collaboration
Citation topics
6 Social Sciences
6.3 Management
6.3.65 Consumer Behavior
Web of Science research areas
Computer Science, Information Systems
Information Science & Library Science
Management
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