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Enhancing customer value co-creation and stickiness in social commerce: integrating PLS-SEM and NCA for deeper insights into customer-to-customer dynamics

Business

Enhancing customer value co-creation and stickiness in social commerce: integrating PLS-SEM and NCA for deeper insights into customer-to-customer dynamics

Y. Zhou, S. Kumar, et al.

Discover how electronic customer-to-customer interaction (eCCI) plays a crucial role in enhancing customer stickiness in social commerce. This fascinating study by Ying Zhou, Sameer Kumar, and Fumitaka Furuoka reveals the importance of customer value co-creation and self-efficacy in this dynamic. Dive in to learn more about these insightful findings!

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~3 min • Beginner • English
Abstract
Social commerce(s-commerce), which emphasizes the predominance of customers, has become an important tool of company social marketing and provides new challenges to businesses in attracting customers. Based on customer-dominant logic theory, this study presents a model of the impact of electronic customer-to-customer interaction(eCCI) on customer stickiness with the mediation effect of customer value co-creation dimensions, specifically functional value and hedonic value in the s-commerce context and self-efficacy as a moderator in light of customer-dominant logic. This study adopted a survey method and obtained data from users in two s-commerce sites in China. The statistical technique of partial least squares structural equation modeling (PLS-SEM) and the analytical process of necessary condition analysis (NCA) were employed to analyze the data. The PLS-SEM results indicate that eCCI influences customer value co-creation, which in turn affects the consumer stickiness of s-commerce sites. The moderated mediation results showed that self-efficacy moderated the relationship between eCCI and customer stickiness. The NCA results identified the eCCI is meaningful and significant necessary conditions for fostering customer value co-creation and customer stickiness. The combined findings demonstrated to researchers and practitioners how to identify the critical factor that influence customer value co-creation and customer stickiness. The study provides novel insights into the mechanism underlying why consumers "stick" to s-commerce websites. Furthermore, the moderated mediation model extended customer-dominant logic and demonstrated the moderating influence of self-efficacy. The theoretical and practical implications of these findings are discussed.
Publisher
HUMANITIES AND SOCIAL SCIENCES COMMUNICATIONS
Published On
Jan 03, 2024
Authors
Ying Zhou, Sameer Kumar, Fumitaka Furuoka
Tags
eCCI
customer stickiness
social commerce
value co-creation
self-efficacy
China
customer interaction
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