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Consumer Power: Evolution in the Digital Age
Authors:Lauren I Labrecque  Jonas vor dem Esche  Charla Mathwick  Thomas P Novak  Charles F Hofacker
Institution:1. Loyola University Chicago, Quinlan School of Business, 820 N. Michigan Ave., Chicago, IL 60611, USA;2. Westfälische Wilhelms-Universität Münster, Marketing Center, Am Stadtgraben 13-15, 48143 Münster, Germany;3. Portland State University, School of Business Administration, P.O. Box 751, Portland, OR 97207-0751, USA;4. George Washington University, 2201 G Street, NW, Duquès Hall, Washington, D.C. 20052, USA;5. Florida State University, College of Business, 821 Academic Way, Tallahassee, FL 32306-1110, USA
Abstract:The predictions of growing consumer power in the digital age that predated the turn of the century were fueled by the rise of the Internet, then reignited by social media. This article explores the intersection of consumer behavior and digital media by clearly defining consumer power and empowerment in Internet and social media contexts and by presenting a theoretical framework of four distinct consumer power sources: demand-, information-, network-, and crowd-based power. Furthermore, we highlight technology's evolutionary role in the development of these power sources and discuss the nature of shifts in power from marketers to consumers in terms of each source. The framework organizes prior marketing literature on Internet-enabled consumer empowerment and highlights gaps in current research. Specific research questions are elaborated for each source of power outlining the agenda for future research areas.
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