TY - JOUR
T1 - Making a face: Graphical illustrations of managerial stances toward customer creativity
AU - Campbell, Colin
AU - Berthon, Pierre
AU - Pitt, Leyland Frederick
AU - McCarthy, Ian P
AU - Plangger, Kirk
PY - 2012
Y1 - 2012
N2 - Creative consumers - consumers who adapt, modify or transform a proprietary offering - represent an intriguing paradox for business. On the one hand they can be a black hole for future revenue, with breach of copyright and intellectual property, while on the other hand they represent a gold mine of ideas and business opportunities. This problem is central to business - business needs to both create and capture value; the problem is that creative consumers demand a shift in the mindsets and business models of how firms both create and capture value. We develop a typology of firms stances to creative consumers based upon their attitude and action towards customer innovation. We then consider the implications of the stances model for corporate strategy, and examine a three-step approach to dealing with creative consumers, namely, awareness, analysis and response.
AB - Creative consumers - consumers who adapt, modify or transform a proprietary offering - represent an intriguing paradox for business. On the one hand they can be a black hole for future revenue, with breach of copyright and intellectual property, while on the other hand they represent a gold mine of ideas and business opportunities. This problem is central to business - business needs to both create and capture value; the problem is that creative consumers demand a shift in the mindsets and business models of how firms both create and capture value. We develop a typology of firms stances to creative consumers based upon their attitude and action towards customer innovation. We then consider the implications of the stances model for corporate strategy, and examine a three-step approach to dealing with creative consumers, namely, awareness, analysis and response.
UR - https://www.scopus.com/pages/publications/84855249758
U2 - 10.1016/j.ausmj.2011.10.009
DO - 10.1016/j.ausmj.2011.10.009
M3 - Article
SN - 1441-3582
VL - 20
SP - 9
EP - 15
JO - Australasian Marketing Journal
JF - Australasian Marketing Journal
IS - 1
ER -