TY - JOUR
T1 - Unrealized solutions in business markets
AU - Elgeti, Laura
AU - Kleinaltenkamp, Michael
N1 - Funding Information:
This research did not receive any specific grant from funding agencies in the public, commercial, or not-for-profit sectors.
Publisher Copyright:
© 2022 Elsevier Inc.
PY - 2022/10
Y1 - 2022/10
N2 - In business markets, customer solutions are sometimes bought but only realized and used gradually or even not at all. As such, unrealized solutions typically require high customer and provider investments of money, time, and other resources, which may “fizzle out” after their full or partial implementation, lead to financial losses, exert negative effects on the respective customer–supplier relationship, or cause further reputational damage. However, despite the sometimes considerable investments at stake and the possibly very negative effects of unrealized solutions, marketing research has not investigated them yet. This study thus conceptualizes unrealized solutions in business markets and, in a qualitative study with 25 representatives of solution customer and supplier firms, identifies the drivers of their occurrence and the forms they may take. Moreover, the study derives measures from these findings that providers can take to avoid and reimplement unrealized solutions or learn from them to develop future offerings.
AB - In business markets, customer solutions are sometimes bought but only realized and used gradually or even not at all. As such, unrealized solutions typically require high customer and provider investments of money, time, and other resources, which may “fizzle out” after their full or partial implementation, lead to financial losses, exert negative effects on the respective customer–supplier relationship, or cause further reputational damage. However, despite the sometimes considerable investments at stake and the possibly very negative effects of unrealized solutions, marketing research has not investigated them yet. This study thus conceptualizes unrealized solutions in business markets and, in a qualitative study with 25 representatives of solution customer and supplier firms, identifies the drivers of their occurrence and the forms they may take. Moreover, the study derives measures from these findings that providers can take to avoid and reimplement unrealized solutions or learn from them to develop future offerings.
KW - Customer value proposition
KW - Solution business
KW - Solution-specific capabilities
KW - Value in use
UR - http://www.scopus.com/inward/record.url?scp=85135695425&partnerID=8YFLogxK
U2 - 10.1016/j.indmarman.2022.07.007
DO - 10.1016/j.indmarman.2022.07.007
M3 - Article
AN - SCOPUS:85135695425
SN - 0019-8501
VL - 106
SP - 31
EP - 46
JO - Industrial Marketing Management
JF - Industrial Marketing Management
ER -