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Power asymmetry and value creation in B2C relationship networks Cover

Power asymmetry and value creation in B2C relationship networks

Open Access
|Jun 2021

Abstract

The purpose of this paper is to explore the problem of power distribution within networks of relationships between companies and consumers (business-to-consumer (B2C) networks) and to examine the ways in which value is created and captured in such structures. To this end, we applied the network approach to multiple theoretical constructs describing collective consumer phenomena, carried over from the field of sociology to management science. Based on the literature and case study analysis, we managed to define a typology of B2C networks consisting of three types: (1) publics – centered around and dominated by a company, with no relationships between consumers themselves, creating value through crowd-sourcing; (2) communities – also centered around a company, but independent to a degree and more focused on consumer-to-consumer (C2C) relationships, creating value through consumer-managed projects; and (3) tribes – where companies serve only as peripheral actors, and their products – as potential symbols of affiliation, with value being created through creation and reinterpretation of the said products’ meanings (sign value).

DOI: https://doi.org/10.2478/ijme-2021-0006 | Journal eISSN: 2543-5361 | Journal ISSN: 2299-9701
Language: English
Page range: 161 - 176
Submitted on: Feb 20, 2020
Accepted on: Feb 26, 2021
Published on: Jun 30, 2021
Published by: Warsaw School of Economics
In partnership with: Paradigm Publishing Services
Publication frequency: 4 issues per year

© 2021 Marcin Wieczerzycki, published by Warsaw School of Economics
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.