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Value creation and co-creaiton in the consumer sphere online retail

Mini Dissertation (MBA)--University of Pretoria, 2015.

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Other Authors: Thakoor, Priya
Format: Thesis
Language:English
Published: University of Pretoria 2016
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access_status_str Open Access
author2 Thakoor, Priya
author_browse Thakoor, Priya
author_facet Thakoor, Priya
collection Thesis
dc_rights_str_mv © 2016 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria.
description Mini Dissertation (MBA)--University of Pretoria, 2015.
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institution University of Pretoria (South Africa)
language English
last_indexed 2026-06-10T12:39:23.523Z
license_str Other — see source repository
provenance_str_mv Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository
publishDate 2016
publishDateRange 2016
publishDateSort 2016
publisher University of Pretoria
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spelling oai:repository.up.ac.za:2263/52309 Value creation and co-creaiton in the consumer sphere online retail Thakoor, Priya ichelp@gibs.co.za Samarov, Evgeny UCTD Mini Dissertation (MBA)--University of Pretoria, 2015. Intense business competitiveness, accelerated by web technological advancement of recent years, poses challenges for online organisations to remain relevant in the market, while continuing to serve customers needs and wants, as well as acquire new customers in a cost effective manner. Nowadays, online consumers possess a much greater bargaining power and are capable of exercising their consumer choice behaviour to a much larger degree than in the recent past. An increasing number of academic scholars and business practitioners maintain, that success of the future business will depend on how organisations manage to revise their existing business practices and bring the customers into the process of value co-creation. The research set out to explore opportunities for value creation and co-creation between online firms and online consumers. In-depth interviews conducted with 22 participants provided further insights into the notion of value creation and value co-creation in online retail. Expansive literature review allowed to form solid academic grounds, upon which the investigation was built and evolved to its conclusion. Coupled with theoretical premises, key research findings suggested that online firms can indeed co-create value with existing customers in the closed-to-firms customer sphere, where only customer-to-customer interactions take place. Enhancement of customers' value perception plays key role in the process of value co-creation in the customer sphere. As a result, online firms may reduce cost on acquiring new customers and consequently excel in revenue growth and business prosperity. sn2016 Gordon Institute of Business Science (GIBS) MBA Unrestricted 2016-05-04T13:45:28Z 2016-05-04T13:45:28Z 2016-03-30 2015 Mini Dissertation Samarov, E 2015, Value creation and value co-creaiton in the consumer sphere : online retail context, MBA Mini-dissertation, University of Pretoria, Pretoria, viewed yymmdd <http://hdl.handle.net/2263/52309> GIBS http://hdl.handle.net/2263/52309 en © 2016 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. application/pdf University of Pretoria
spellingShingle UCTD
Value creation and co-creaiton in the consumer sphere online retail
title Value creation and co-creaiton in the consumer sphere online retail
title_full Value creation and co-creaiton in the consumer sphere online retail
title_fullStr Value creation and co-creaiton in the consumer sphere online retail
title_full_unstemmed Value creation and co-creaiton in the consumer sphere online retail
title_short Value creation and co-creaiton in the consumer sphere online retail
title_sort value creation and co creaiton in the consumer sphere online retail
topic UCTD
url http://hdl.handle.net/2263/52309