›› 2017, Vol. 29 ›› Issue (7): 103-112.

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The Effect of Customer Knowledge on Customer's Independent Value Creation Behavior: A Multiply Mediation Model

Li Yao1, Zhou Mi2, Wang Xinxin3   

  1. 1. Marketing Research Institute of Business School, Henan University, Kaifeng 475001;
    2. School of History and Culture, Henan University, Kaifeng 475001;
    3. International School of Business Administration, Shanghai University of Finance and Economics, Shanghai 200433
  • Received:2015-04-28 Online:2017-07-28 Published:2017-07-15

Abstract:

Practice observations show that customer's behavior of creating value independently is emerging in an increasing way over re-cent years.Although scholars both at home and abroad have made some studies in this regard, they do not make it clear what causes the behavior and how the behavior functions.This hinders firms from understanding and forecasting the trend of customer's independent val-ue creation.Based on literature review, this paper firstly suggests that customer knowledge is the main driving factor of customer's inde-pendent value creation behavior, and then makes an empirical study with a scenario experiment to test the effect of customer knowledge on customer's independent value creation behavior.The empirical results show that customer knowledge has a positive effect on custom-er's independent value creation behavior, and creative self-efficacy and intrinsic motivation multiply mediate the effect of customer knowledge on customer's independent value creation behavior.This conclusion not only reveals the driving mechanism of customer knowledge on customer independent value creation behavior but also has great managerial implications for firms to manage and propel the development of creative consumption-driven market.

Key words: customer's independent value creation, customer knowledge, multiply mediation