Embracing uncertainty in value-based selling by means of design thinking

A1 Journal article (refereed)


Internal Authors/Editors


Publication Details

List of Authors: Hanna Luotola, Magnus Hellström, Magnus Gustafsson, Olga Perminova-Harikoski
Publisher: Elsevier
Publication year: 2017
Journal: Industrial Marketing Management
Journal acronym: IMM
Volume number: 65
Start page: 59
End page: 75
eISSN: 1873-2062


Abstract

Service delivery and solution selling both strive to achieve increased value through co-creation. However, the concept of value co-creation is a macro concept that still lacks precise empirical grounding and accurate operationalisation. To uncover the microlevel processes of co-creation, we examined 15 sales cases via the lens of uncertainty management. We used design thinking and actor-network theory to explore how certainty evolves between a seller and the buyer. We argue that the common industrial logic for addressing and tackling customer problems in solution selling, hitherto portrayed as either deductive or inductive, is incomplete. Indeed, our research shows that solution selling and value co-creation both require a different, abductive epistemology to address the uncertainty. Our study also provides an empirical extension to the value co-creation literature.


Keywords

Action research, Value co-creation

Last updated on 2019-25-08 at 07:14