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The transformation of value and evolution of customer experience: an exploration of the typologies, facets and significance

Author

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  • Anushree Tandon
  • Vibhuti Tripathi
  • Ashish Gupta

Abstract

The development of an assimilated global economy and advent of integrated communication technologies have played a defining role in re-moulding customers' perception of value. Value has evolved from being merely utility oriented to encompassing the entirety of customer's experience with products/services. This change has given organisations an opportunity to differentiate their offerings by creating exclusive and personalised experiences. This paper attempts to explore the transformation of value, consumption experiences and the components of their typologies. The study would help organisations to recognise the dimensions of experiential value which could be incorporated in their strategies to achieve competitive advantage.

Suggested Citation

  • Anushree Tandon & Vibhuti Tripathi & Ashish Gupta, 2014. "The transformation of value and evolution of customer experience: an exploration of the typologies, facets and significance," International Journal of Indian Culture and Business Management, Inderscience Enterprises Ltd, vol. 8(4), pages 425-441.
  • Handle: RePEc:ids:ijicbm:v:8:y:2014:i:4:p:425-441
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    Citations

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    Cited by:

    1. Nan Chen & Yahui Wang & Jiaqi Li & Yuqian Wei & Qing Yuan, 2020. "Examining Structural Relationships among Night Tourism Experience, Lovemarks, Brand Satisfaction, and Brand Loyalty on “Cultural Heritage Night” in South Korea," Sustainability, MDPI, vol. 12(17), pages 1-23, August.
    2. Gupta, Ashish & Mishra, Vaibhav & Tandon, Anushree, 2020. "Assessment of Shopping Mall Customers’ Experience through Criteria of Attractiveness in Tier-II and Tier-III Cities of India: An Exploratory Study," American Business Review, Pompea College of Business, University of New Haven, vol. 23(1), pages 70-93, May.

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