Applying Social Exchange Theory to Value Co-Creation Frame: Does it Leads to Customer Loyalty?

The emergence of E-commerce has brought many advantages, especially in economic development. With the increasing number of E-commerce users, it is crucial for e-commerce platforms to sustain their business. Applying value co-creation is beneficial for e-commerce to gain a competitive advantage that...

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Bibliographic Details
Main Author: Adinda Farhana
Format: Article
Language:English
Published: Fakultas Ekonomi Universitas Sriwijaya 2021-08-01
Series:Sriwijaya International Journal of Dynamic Economics and Business
Subjects:
Online Access:https://sijdeb.unsri.ac.id/index.php/SIJDEB/article/view/232
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author Adinda Farhana
author_facet Adinda Farhana
author_sort Adinda Farhana
collection DOAJ
description The emergence of E-commerce has brought many advantages, especially in economic development. With the increasing number of E-commerce users, it is crucial for e-commerce platforms to sustain their business. Applying value co-creation is beneficial for e-commerce to gain a competitive advantage that leads to customer loyalty. This study aims to seek the correlation between key constructs in Social Exchange Theory which is satisfaction and trust with value co-creation behaviour. Further, this study also investigates whether the value co-creation behaviour leads to customer's loyalty.The research uses SEM-PLS to examine the model, and the result indicates value co-creation behavior that consists of participation behavior and citizenship behavior influences customer loyalty positively. Hence, the e-commerce platform needs to gain customer trust and satisfaction to enhance customer willingness to value co-creation behavior, leading to customer loyalty.
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spelling doaj.art-d38ef331eb47468881936ccb6c9b6aeb2024-03-04T21:53:39ZengFakultas Ekonomi Universitas SriwijayaSriwijaya International Journal of Dynamic Economics and Business2581-29042581-29122021-08-015210.29259/sijdeb.v1i2.191-206128Applying Social Exchange Theory to Value Co-Creation Frame: Does it Leads to Customer Loyalty?Adinda Farhana0Institut Teknologi Bandung The emergence of E-commerce has brought many advantages, especially in economic development. With the increasing number of E-commerce users, it is crucial for e-commerce platforms to sustain their business. Applying value co-creation is beneficial for e-commerce to gain a competitive advantage that leads to customer loyalty. This study aims to seek the correlation between key constructs in Social Exchange Theory which is satisfaction and trust with value co-creation behaviour. Further, this study also investigates whether the value co-creation behaviour leads to customer's loyalty.The research uses SEM-PLS to examine the model, and the result indicates value co-creation behavior that consists of participation behavior and citizenship behavior influences customer loyalty positively. Hence, the e-commerce platform needs to gain customer trust and satisfaction to enhance customer willingness to value co-creation behavior, leading to customer loyalty. https://sijdeb.unsri.ac.id/index.php/SIJDEB/article/view/232E-CommerceValue Co-Creation BehaviorSocial Exchange TheoryCustomer Loyalty
spellingShingle Adinda Farhana
Applying Social Exchange Theory to Value Co-Creation Frame: Does it Leads to Customer Loyalty?
Sriwijaya International Journal of Dynamic Economics and Business
E-Commerce
Value Co-Creation Behavior
Social Exchange Theory
Customer Loyalty
title Applying Social Exchange Theory to Value Co-Creation Frame: Does it Leads to Customer Loyalty?
title_full Applying Social Exchange Theory to Value Co-Creation Frame: Does it Leads to Customer Loyalty?
title_fullStr Applying Social Exchange Theory to Value Co-Creation Frame: Does it Leads to Customer Loyalty?
title_full_unstemmed Applying Social Exchange Theory to Value Co-Creation Frame: Does it Leads to Customer Loyalty?
title_short Applying Social Exchange Theory to Value Co-Creation Frame: Does it Leads to Customer Loyalty?
title_sort applying social exchange theory to value co creation frame does it leads to customer loyalty
topic E-Commerce
Value Co-Creation Behavior
Social Exchange Theory
Customer Loyalty
url https://sijdeb.unsri.ac.id/index.php/SIJDEB/article/view/232
work_keys_str_mv AT adindafarhana applyingsocialexchangetheorytovaluecocreationframedoesitleadstocustomerloyalty