Marketing of competence: Exploring the resource-based content of value-for-customers through a case study analysis |
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Authors: | Fabrizio Zerbini [Author Vitae] |
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Institution: | Bocconi University, Business Management Department, Viale Filippetti, 9, I-20122 Milano, Italy |
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Abstract: | In this article, we propose a competence-based view of value-for-customer in business markets. While literature in both strategy and marketing has provided many insights to understand the competence-based roots of value creation, the interface between the two areas is still largely unexplored. Moreover, while the notions of competence exchange and value creation feature strongly in the relational perspective, they occur only once relationships have been established. This begs the question whether competencies could be developed outside established relationships, and then marketed to guide customers' buying behavior. Basing on three case studies from the yarn manufacturing, IT systems, and automotive components industries, we identify key features of competence-based marketing: the alignment of supplier's competencies with the customer's business processes, the experiential communication of supplier's competencies, and the delivery of competencies to the buyer's business processes. Within the strategies for creating value-for-customers, these findings contribute to the understanding of the use of competencies to induce purchases. |
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Keywords: | Competence alignment Competence-based marketing End-market orientation Experiential communication Value-for-customer |
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