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jbim cover (i).qxd 19/07/2012 09:12 Page 1 ISSN 0885-8624 Volume 27 Number 6 2012 Journal of Business & Industrial Marketing 9th American Marketing Association Relationship Marketing Conference: Part II Guest Editor: Anja Geigenmüller www.emeraldinsight.com Journal of Business & Industrial Marketing Volume 27, Number 6, 2012 ISSN0885-8624 9th American Marketing Association Relationship Marketing Conference: Part II Guest Editor: Anja Geigenmu¨ller Contents 426 Access this journalonline 468 Antecedents of knowledge generation competence and its 427 Guest editorial impact on innovativeness Ilka Griese, Doree´nPickand 428 Brand equity in B2B servicesand Michael Kleinaltenkamp consequencesfor the trade show industry 486 Network partner knowledgeand AnjaGeigenmu¨llerand internal relationships influencing Harriette Bettis-Outland customer relationship quality and companyperformance 436 Managing ina time of crisis: Maciej Mitre˛ga marketing,HRM and innovation MajaMakovecBrencˇicˇ,GregorPfajfarand 497 Theeffect of customer relationship MatevzRasˇkovic´ management adoptionin business- to-business markets 447 Thecommongroundofrelationships U. Zeynep Ata and Aysegul Toker andexchange:towardsacontractual foundationof marketing Michael Ehret and Michaela Haase 456 Guanxi as agatewayin Chinese- Western business relationships Hongzhi Gao,JohnG.Knight and DavidBallantyne Thisjournalisamemberofandsubscribestothe principlesoftheCommitteeonPublicationEthics www.emeraldinsight.com/jbim.htm Asasubscribertothisjournal,youcanbenefitfrominstant, Structuredabstracts electronicaccesstothistitleviaEmeraldManagement Emeraldstructuredabstractsprovideconsistent,clearand eJournals.Youraccessincludesavarietyoffeaturesthat informativesummariesofthecontentofthearticles,allowing increasethevalueofyourjournalsubscription. fasterevaluationofpapers. 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Referencelinking Emerald Customer Support Directlinksfromthejournalarticlereferencestoabstractsofthe Forcustomersupportandtechnicalhelpcontact: mostinfluentialarticlescited.Wherepossible,thislinkistothe [email protected] fulltextofthearticle. Webhttp://info.emeraldinsight.com/products/subs/ E-mailanarticle customercharter.htm Allowsuserstoe-maillinksonlytorelevantandinterestingarticles Tel+44(0)1274785278 toanothercomputerforlateruse,referenceorprintingpurposes. Fax+44(0)1274785201 normsofWesternbusinessrelationshipsrelativetonormsthat Guest editorial are standard in Chinese interpersonal relationships. This article introduces the concept of guanxi gateway ties that suggests a special class of non-threatening relationships can develop from interactions between cultural insiders and outsiders. “Managing in a time of crisis: marketing, HRM, and The9thAMA Relationship Marketingconference tookplace innovations,” by Brencˇicˇ et al. explores the link between in Berlin, Germany in the Fall of 2009, bringing together selected dimensions of market orientation, HRM and international thought leaders in Relationship Marketing innovation, before and during the economic crisis in research. This volume represents a small sampling of the Slovenia. This exploratory analysis is a longitudinal study of manynotablepresentationsthatweregivenatthisconference. the101bestSlovenianemployers,whichincludesover15,000 Included in this volume is “Antecedents of knowledge respondents, representing the largest study of its kind in generation competence and its impact on innovativeness,” a southeast Europe. The findings suggest that HRM positively paper by Griese et al. which suggests that even though impacts organizational performance, while innovation has a knowledge generation competence (KGC) is not commonly negativeimpactonorganizationalperformance,atleastinthe associatedwithinternalinformationprocessing,KGCplaysa short term. keyrole ingenerating internalknowledge,which isenhanced TheGeigenmueller,Bettis-Outlandpaper,“Creatingbrand by the integration of customer information. The authors equity in B2B trade show services,” addresses the issue of identify a firm’s learning orientation and human resource branding in a B2B trade show context. The authors contend practices as integral determinants of knowledge generation that though branding is historically seen as a strategy for competence.Thepaperconcludesthatalearningcultureand tangiblegoods,moreservice-basedorganizationsarepursuing specifichumanresourcepracticeswillenableKGCtoimpact a branding strategy in order to differentiate their offerings a company’s innovativeness. from the competition. Branding can enable trade show In the Gao et al. manuscript, “Guanxi as a gateway in organizations to better segment and target their audience, Chinese-Western business relationships,” organizational whileatthesametimemakeiteasierforpotentialtradeshow culture is examined as to its role in relationships between participants to determine the most appropriate trade fairs to Chinese and Western businesses. Generally described as a attend. Given growing pressures on organizational finances, collectivistorrelationally-orientedsociety,China’semergence trade show branding can be beneficial to all trade show asaninternationalbusinessleaderraisesconcernwithregards participants by making it a more productive and efficient to the understanding of culturally based practices used by experience. Chinese businesses. A comparison is made between the Anja Geigenmu¨ller JournalofBusiness&IndustrialMarketing 27/6(2012)427 qEmeraldGroupPublishingLimited[ISSN0885-8624] 427 Brand equity in B2B services and consequences for the trade show industry Anja Geigenmu¨ller Department of Marketing, Ilmenau University of Technology, Ilmenau, Germany, and Harriette Bettis-Outland Department of Marketing, University of West Florida, Pensacola, Florida, USA Abstract Purpose – Thispaper’saimistoprovideaconceptualframeworkexplainingdriversofservicebrandequity.Itreferstothetradeshowindustryasan exampleforaninternational,highlycompetitiveenvironment,whereserviceprovidersfacethechallengetodifferentiatethemselvesfromcompeting brands. Based on a comprehensive literature review, the paper develops a conceptual model of service brand equity. The paper concludes with directionsforfurtherresearchandmanagerialimplications. Design/methodology/approach – Thepaperisaconceptualwork,whichderivesresearchpropositionsfromanextendedliteraturereview. Findings – Itisproposedthataserviceprovider’scompetencerelatespositivelytoaservicecustomer’spurchasingvaluewhich,inturn,leadsto customer service satisfaction and service brand equity. The paper further posits that the provider’s service concept, service processes, and service systemareconstituentsofservicecompetence,thusrepresentingcrucialdeterminantsofservicebrandequity. Research limitations/implications – The research has limitations that are due to the exploratory nature of the work. The paper suggests opportunitiesforfurtherresearch,particularlyanempiricaltestofthemodelinvariousB2Bserviceindustries. Practicalimplications – Thepapersuggeststhatthevalueattendeesderivefromusingtradeshowservicesisstronglyrelatedtothesupportthey receiveinestablishingandnurturingcustomerrelationshipsorinengaginginmarketandcompetitoranalysis.Consideringservicebrandequity,trade showorganizationsshouldthereforedevelopinnovativeconceptsfortradeshowsthataccommodatetheirclients’needs,includinganappropriate physicalenvironment,customer-orientedserviceprocesses,andhigh-qualityinteractionsbetweenserviceemployeesandcustomers. Originality/value – The paper sheds light on a phenomenon that, despite its increasing acceptance among practitioners, remains unexplored by marketingresearch.ByprovidingabetterunderstandingofB2Bservicebrandequityinatradeshowcontext,thepaperenrichesresearchontradefair issues. Keywords Service brands, Service brand equity, Purchasing value, Trade show, Trade fairs, Brand equity, Strategic evaluation, Value analysis, Business-to-business marketing Paper type Conceptual paper Whendecidingwhichtradeshowtoparticipatein,rarelydoes aserviceofferingfromitscompetitors’offerings(Berry,2000; the term trade show “brand” come up. However, the image Parasuraman et al., 1985). and reputation of the trade show – based on the history of This is particularly true for business-to-business services. previous events – plays a major role in the perception of the ReferringtoParasuraman(1998),businessservicesrepresent tradeshowbrand.Forinstance,ifoneoftheprimarybenefits intangible, often highly individual services that are produced of one high tech trade show is the quality of networking in intensive interactions between the provider and the opportunities,whileanotherisknownforitsemphasisonnew customer. Information asymmetry between the provider and product introductions, then these two perceptions contribute the customer can make it difficult to objectively assess to the branding of each trade show. strategiesoftheserviceprovideraswellastheservicequality A brand, defined as “name, sign, symbol or design which resulting from these strategies (Hausman, 2003; Karantinou andHogg,2001).Consequently,servicequalityisdifficultto identifies the goods and services of one seller and assessevenafterservicedelivery(Hausman,2003;Hsiehetal., differentiates them from those of competitors” (Kotler and 2005;MurrayandSchlacter,1990).Businessservicesfurther Armstrong, 2010, p. 255), serves as important cue to infer a include higher levels of complexity since the service is often product’s quality and positioning (Erdem and Swait, 1998; customized to specific needs of the buying organization Keller,1993;Wernerfelt,1988).Thoughitisarguedthatthe (Jackson and Cooper, 1988). In many instances, business intangible nature of services makes it difficult to evaluate customers require a unique solution for specific problems as servicequality,brandingcanhelptosubstantiallydifferentiate opposed to standardized services (Gounaris, 2005). Drawing on these arguments, several authors point to the Thecurrentissueandfulltextarchiveofthisjournalisavailableat value of B2B brands as a source of competitive advantage www.emeraldinsight.com/0885-8624.htm (Bendixenetal.,2004;Michelletal.,2001;Mudambi,2002; Webster and Keller, 2004). The brand adds value to a given service by tangibilizing its attributes and benefits for the JournalofBusiness&IndustrialMarketing customer(OnkvisitandShaw,1989).Thus,thebrandenables 27/6(2012)428–435 customers’understandingoftheintangibleproductandtrust qEmeraldGroupPublishingLimited[ISSN0885-8624] [DOI10.1108/08858621211251433] inaserviceprovider’spromiseoffuturesatisfaction.Signaling 428 BrandequityinB2Bservices JournalofBusiness&IndustrialMarketing AnjaGeigenmu¨llerandHarrietteBettis-Outland Volume27·Number6·2012·428–435 consistent level of service quality, business service brands relationships, monitoring international competitors and reduce complexity of the buying process and provide facilitating international market entry (Rice, 1992; Smith differentiation for the service provider (Berry, 2000). et al., 2003). Favorable associations engendered by a strong service brand Inbusiness-to-businessmarkets,tradefairsandexhibitions result in customer loyalty and customer retention (Aaker, are an important means of communication between sellers 1996; Berry, 2000; Keller, 1993) which, in turn, affects a andbuyers.Employingatransactionalview,existingliterature firm’s financial performance (Alawadi et al., 2003; Cobb- has identified attraction and contact effectiveness as core Walgren et al., 1995). measures of trade-show effectiveness (Dekimpe et al., 1997). Creating service brand equity by enhancing customer Fromarelationalperspective,however,tradefairsarecrucial awareness as well as strong, favorable and unique brand to the development of relationships between buyers and associations is a major issue for business service providers sellers;thisfurther supportsthenotionofascribingaspecific (Berry,2000;Gordonetal.,1991).Despitetheimportanceof brand for the trade show. When trade show branding is branding in business services, little has been done to effective,boththebuyerandsellerwilldevelopmorerealistic understand mechanisms of establishing and managing expectations with regards to outcomes of trade show business service brand equity (Cretu and Brodie, 2007; attendance. This is in part due to a higher degree of Zablahetal.,2010).Also,priorbrandingresearchfocuseson information exchange, intensifying an ongoing dialogue in a manufacturing goods whereas business services are rather trade fair environment as compared to other communication neglected (Bennett et al., 2005; Davis et al., 2008). Previous venues. This ultimately results in better knowledge of studies in the area of B2B branding focus on the: expectations between the parties (Gopalakrishna and Lilien, . effectiveness of brand-naming strategies (Saunders and 1995). In addition, trade fairs enhance opportunities for Watt, 1979; Sinclair and Seward, 1988); sellers to strengthen relations with current customers by . influence of business-to-business brands on buying increasing dialogue that enhances mutual adaptation and decisions and customer loyalty (Bendixen et al., 2004; relationshipvalue.Tradefairactivitiesincludeacombination Davis et al., 2008; Gordon et al., 1991; Hutton, 1997; of communication instruments, rangingfromadvertisingand Mudambi, 2002); and publicrelationstodirectselling.Exhibitorsusetheseformsof . value that customers derive from business-to-business communicationtoattractvisitorstotheboothandtogenerate brands(BiedenbachandMarell,2010;CretuandBrodie, high-quality leads. Moreover, starting with a one-way 2007; Han and Sung, 2008; Mudambi et al., 1997; communication, trade fairs enhance interaction processes Michell et al., 2001). engendering a two-way communication that, in turn, merges into a relationship dialogue (Gro¨nroos, 2000). This paper provides a conceptual framework that explains Trade shows offer complex business services with only driversofservicebrandequityinthecontextofthetradeshow limited opportunities for customers to assess its quality in industry. Trade shows represent an example of an advance. Consequently, creating and maintaining a trade international, highly competitive environment, where service show service brand could have far-reaching benefits. As for providers face the challenge to differentiate themselves from instance, when potential customers understand the service competing brands during a very short time span. The next product and purchase the service even though the value sectionincludesanoverviewoftherelevantliteraturefollowed derived from it may only be quantified after the service has by the development of a conceptual model of service brand been consumed. equity relative to the trade show industry. The paper Despite the economic impact of trade fairs, research on concludes with directions for further research and business-to-business trade fair issues is still in its infancy managerial implications. (Geigenmu¨ller, 2008). The literature provides numerous studies about exhibitors’ motivations and selection criteria The trade show industry (e.g. Kerin and Cron, 1987; Herbig et al., 1997; Godar and O’Connor, 2001) and visitors’ motivations and behaviors Trade shows, also known as trade fairs, are periodic events (Munuera and Ruiz, 1999; Berne´ and Garcia-Uceda, 2007). that bring manufacturers, suppliers, and distributors from a Several papers have attempted to define performance particularindustryorrelatedindustriestoasinglelocationto measures (O’Hara, 1993; Gopalakrishna et al., 1995; exhibit products and services as well as provide information Dekimpe et al., 1997), although most have relied on for both visitors and exhibitors (AMA, 2011). Existing observational measures and lack a theoretical basis (Hansen, literaturerecognizestradefairsasaneffectivewaytoenhance 2004). An exception is the development of a conceptual a company’s sales efforts (Kerin and Cron, 1987; O’Hara, model that assesses the return on trade show information 1993; Tanner and Chonko, 1995). Further, trade fairs are (RTSI), an extension of the Kohli et al. (1993) market important platforms from which sellers can meet existing orientation framework (Bettis-Outland et al., 2010). RTSI is customers, identify new customers, evaluate new channel determined by querying trade show attendees after the trade partners,enhancetheircorporateimage,andcarryoutmarket fair event to determine the value of information acquired at research (Blythe, 2002; Kerin and Cron, 1987; Shipley and thetradefair.Nonetheless,insteadofastructuredframework, Wong, 1993; Munuera and Ruiz, 1999). Attendees benefit research on trade fairs paints a confusing picture that fromtradeshowsbymeetingwithsuppliers,formingalliances obstructs the perceived value of trade shows in with potential business partners, and by gathering contemporary marketing research. information that predicts new trends, new products, and Trade fair organizations worldwide face tremendous new services on the horizon. As markets and business competition for exhibitors and visitors (Kirchgeorg et al., relationships become more global, trade fairs have become 2010). The attractiveness of a particular trade show event vital to initiating and developing international business affectsnotonlythenumberofattendees,butalsothefinancial 429 BrandequityinB2Bservices JournalofBusiness&IndustrialMarketing AnjaGeigenmu¨llerandHarrietteBettis-Outland Volume27·Number6·2012·428–435 consequences, both short-term and long-term, of these more difficult it is to assess a product’s quality, the more attendees. Offering superior trade shows and related services customersrelyonextrinsicattributes(Olson,1977;Zeithaml, helps a trade show organization differentiate itself from 1988).Servicesinvolvehighlevelsofexperienceandcredence competitors. Developing a distinctive position in the market, qualities which increase customers’ uncertainty about a in turn, is an essential prerequisite to enhance the service’s attributes and benefits (Erdem et al., 2006). organization’s financial performance. Service brands decrease uncertainty by serving as proxies Selecting a trade show often involves complex decisions for quality. Thus, service brands gain importance when consideringbenefits(suchasmeetingwithcurrentcustomers, selecting such very intangible offers (e.g. de Chernatony and acquiring information regarding industry trends, visibility, Dall’Olmo Riley, 1999; Grace and O’Cass, 2005; Onkvisit leads) and sacrifices (expenditures for airfare, and Shaw, 1989). accommodations, booth placement, and personnel) (Berne´ and Garcia-Uceda, 2007; Blythe, 2000; Browning and Service brand equity Adams, 1988; Herbig et al., 1997; Tanner, 2002). To Brandequityisgenerallydefinedasthevalueabrandaddsto facilitate this decision process, the trade show brand serves aproductor serviceasperceivedbythecustomer(Farquhar, as a cue signaling important attributes to trade show 1989; Keller, 1993). As Erdem et al. (1999) stress, brand attendees. By purchasing a booth at the trade fair, equityisdynamicinnaturesinceinformationaboutabrandis participants trust that trade show organizers will fulfill its updated every time the customer encounters the brand. The obligation to ensure that the needs of the participants are literature reveals several dimensions of brand equity. For addressed (Munuera and Ruiz, 1999) That is, the service instance, Aaker (1996) postulates fives dimensions including productprovidedbythetradeshoworganization promises to brand awareness, brand associations, brand assets, perceived enhance its customers’ economic and relational goals. quality, and brand loyalty. By contrast, Keller (1993) Although the service involves tangible elements, such as identifies two dimensions, namely, brand awareness and halls, booths, materials etc, the service itself is intangible. brand image. With regard to an industrial context, Michell Thus, employing a service brand that identifies a specific et al. (2001) find brand name benefits, brand sponsor trade show can support a trade show organization’s aim to strategy, differential advantages of brands, and generators of attractattendeesand,hence,toboostitsmarketperformance. brand loyalty to manifest brand equity. The authors further Forexhibitors,awell-knownandreputabletradeshowbrand suggestthatperceivedqualityisthemostimportantsourceof may signal trade show effectiveness in terms of audience brand equity (see also Hutton, 1997). activity and quality, contact opportunities with the target In contrast to the aforementioned studies, van Riel et al. audience, promotional activities, and lead generation (2005) conceptualize brand loyalty as a consequence rather (Gopalakrishna et al., 1995). Similarly, for visitors a strong than a component of brand equity. This view suggests that trade show brand may indicate the degree to which visitors’ brandequityisabletoreducecustomers’purchasingriskand objectives,suchasscreeningnewproductsanddevelopments, to enhance customers’ confidence in a supplier. In line with obtaining product and technical information, meeting and theauthors,thisarticledefinesbrandloyaltyasanoutcomeof comparing suppliers or monitoring competitors (Munuera brand equity in terms of repeated purchases of a brand and Ruiz, 1999) are fulfilled. In both cases, a trade show (behavioral loyalty) and the degree of commitment to the brand would significantly affect attendees’ beliefs attitudes, brand (attitudinal loyalty) (Chaudhuri and Holbrook, 2001; and future attendance intentions (Smith et al., 2003). van Riel et al. 2005). In a trade show context this is manifested by regular attendance at a particular trade show, Conceptual background andthepropensitytochoosethisshowoverotherswhentrade show funds are limited. Service brands as quality cues Pointing to differences between products and brands in Due to the complexity of service purchases, branding is terms of their level of intangibility and variability, Berry considered to be even more important for services than for (2000) focuses on consumer experiences as the source of goods because service purchases represent a higher level of servicebrandequity.Inhisview,consumerexperienceswitha risk when compared to the purchase of tangible goods brand engender a brand’s meaning by visualizing how the (Murray and Schlacter, 1990). By using search techniques brand is delivering on its promises. Performing and thathelpreducetheperceivedrisk,customersemploycuesto communicating a service enhances customers’ infer product or service quality (Olshavsky, 1975; Zeithaml, understanding of the service brand and, thus, service brand 1988). equity. Cues are characteristic events, attributes, or objects encoded and used to categorize a stimulus object (Crane and Clark, 1988). Customer decision-making involves two Conceptual model and hypotheses steps. First,customers identifyand store certainattributes of Thispaperpresentsaconceptualmodelthatlinkstradeshow an object. Second, consumers process these cues cognitively service provider competence to: in order to evaluate the object (Olson, 1977). . service customer purchasing value; The literature distinguishes between intrinsic and extrinsic . service customer satisfaction; and cues. Whereas intrinsic cues are inherent in a product . service brand equity (see Figure 1). (i.e. flavor, taste, color), extrinsic cues are related to the product even though they are not part of it (Olson, 1977; Drawingon existing literature, four research propositions are Zeithaml, 1988). Typical extrinsic cues include price, developed that suggest causal relationships among these advertising, or the brand name. In services, extrinsic cues constructs. Following, each construct is defined along with are of particular importance. Prior research suggests that the the proposed model and hypotheses. 430 BrandequityinB2Bservices JournalofBusiness&IndustrialMarketing AnjaGeigenmu¨llerandHarrietteBettis-Outland Volume27·Number6·2012·428–435 Figure1Conceptualmodel Service provider competence showsinanalyzingthemarket,observingcompetitoractivities In business markets, the ability to solve client problems is a and gaining information on trends and developments. major source of economic success (Han and Sung, 2008). A Service provider competence can have a positive effect on service provider’s ability to offer targeted problem solutions service customer purchasing value(Chang and Wildt, 1994). refers to characteristics, skills and knowledge inherent to the Ifaserviceproviderdemonstratessufficientskillsandabilities organization(Swanetal.,1985).Serviceprovidercompetence tomeetcustomer needs,customersmayderivepositivevalue isrootedinresources,whichhavebeendevelopedtoprovidea from transactions with the service provider by receiving a service (Edvardsson and Olsson, 1996). These resources favorablerelationshipbetweensacrificesandbenefitsinherent include: in that transaction. Thus, the paper postulates: . the service concept; RP1. The trade show service provider’s competence relates . service processes; and positively to service customer purchasing value. . the service system (Anderson et al., 2009). Theserviceconceptrepresentsthemethodinwhichaservice Customer service satisfaction provider aims to satisfy customer needs. More precisely, the Service customer purchasing value affects customer service service concept describes the trade show service product satisfaction that is a post-purchase assessment of basedon identified customer needs(Edvardsson andOlsson, consumption-related fulfillment (Oliver, 1996). Satisfaction 1996).Theserviceprocesspertainstoasequenceofstepsthe reflectsacustomer’soverallpleasurewithaservicereceivedin service provider applies to produce a service. The service accordance with one’s needs and expectations (Anderson process therefore contains several actions that have to be et al., 2009). The confirmation-disconfirmation paradigm taken in order to realize a service (Shostack, 1987). Finally, provides a rationale for this link (Day, 1977; Woodruffet al., the service system defines resources required to generate a 1983). Entering in negotiations with a potential business service.Assuch,theservicesystemincludesphysicalfacilities, partner, customers expect to derive value from it that is to human resources, and organizational structures and routines realize a more benefits than sacrifices. If so, a decrease in (Tax and Stuart, 1997). perceived service customer purchasing value would result in unfavorableassessmentsoftheservicetransaction(Rosenand Service customer purchasing value Surprenant, 1998; Voss et al., 1998; Woodruff, 1997). Byconsumingaservice,customersderivevaluefromit.Value Assuming similar effects of customer-related, competitor- is understood as the relationship between benefits and related and company-related value, the paper hypothesizes: sacrifices caused by the consumption of a service (Brady and Cronin, 2001; Cronin et al., 2000; Sharma et al., 2001; RP2. The service customer purchasing value relates Sweeney and Soutar, 2001). The service purchasing value positively to customer service satisfaction. pertainstoacustomer’soverallassessmentofwhatisreceived fromaparticularservicecomparedtowhathasbeengivenin Service brand equity order to acquire and use the service (Han and Sung, 2008). Previous studies suggest that customer service satisfaction Withregardtodiversefunctionsoftradeshowsforexhibitors based on the perceived value of a service results in a major and visitors alike, this article further distinguishes between sourceofservicebrandequity.Priorstudiesprovideempirical three forms of service purchasing value: evidence for a positive relationship between the two 1 customer-related value; constructs. Bloemer and Lemmink (1992) find a positive 2 company-related value; and relationship between customer satisfaction and brand loyalty 3 competitor-related value. behaviors.Pertainingtotheretailcontext,PappuandQuester Customer-related value pertains to the function of trade (2006) demonstrate a positive effect of customer satisfaction shows to create and nurture relationships. Customer-related on a retailer’s brand equity. value is derived when the trade show enhances opportunities Moreover, previous studies support the assumption that forexhibitorstomeetcustomers,toengenderinteractionsand service customer purchase value affects service brand equity. to establish dialogue. Likewise, customer-related value is With regard to intangibility of professional business services derived from opportunities for visitors to meet suppliers and and high levels of credence qualities, Krishnan and Hartline to learn about new products and developments. Company- (2001) stress the importance of brand experiences to form relatedvaluereflectstowhatextentatradeshowenablestrade brand equity. For complex services with high levels of show exhibitors and visitors to realize economic goals experience and credence qualities, consuming the service is including supplier assignments, lead generation, and sales. the only way to determine its quality and potential benefits Finally, competitor-related value refers to the role of trade related to the service. Thus, experiencing service delivery 431 BrandequityinB2Bservices JournalofBusiness&IndustrialMarketing AnjaGeigenmu¨llerandHarrietteBettis-Outland Volume27·Number6·2012·428–435 buildsassociationsaboutaservicebrand,whichcomprisethe concepts, processes and resources to customer needs, the valueabrandaddstoaserviceproduct.Tosumup,thepaper morevaluetheycreateforthecustomer.Perceptionsofvalue, posits: in turn, are important drivers of customer satisfaction and favorable attitudes toward the service brand. RP3. Service customer satisfaction relates positively to Withregardtothetradeshowindustry,severalimplications service brand equity. arise. Trade shows are important platforms to gain RP4. Servicecustomerpurchasingvaluerelatespositivelyto information about customers and competitors, to capture service brand equity. trends and developments, to make sales and to engage in customer relationships. In fact, trade showeffectiveness does not only involve the number of customer contacts or leads; Discussion trade shows are also an important instrument in relationship This paper aims to contribute a better understanding of marketing. service brands in professional business-to-business services. Consequently, the value of trade show attendance involves Thepointofdeparturefrompreviousresearchistheemphasis not only company-related benefits such as sales or leads, but ofbrandingissuesinservices.Basiccharacteristicsofservices also customer- and competitor-related benefits. The value – intangibility, inseparability, variability, and perishability – attendees derive from using trade show services is strongly posespecialchallengestoserviceprovidersincreatingstrong related to the support they receive in establishing and and reliable signals of service quality to their customers. nurturing customer relationships or by engaging in market Consequently, service brands reflect promises of future need and competitor analysis. Considering service brand equity, fulfillment and satisfaction. trade showorganizations should therefore develop innovative Whereas branding issues in consumer markets are the concepts for trade shows that accommodate exhibitor and primary focus of branding research, examination of service visitor needs. Further, trade show organizations should brand relevance in business markets is in its infancy. Several provide an appropriate physical environment to accomplish studies demonstrate that product brand equity can foster a a pleasant trade show experience. This includes determining firm’s competitive advantage with price premiums, customer the right place for running a trade show, which offers loyalty and positive word-of-mouth. For services, however, accessibility and convenience. It also involves offering a findings are scarce. favorable infrastructure of halls, booth areas, waiting zones With this background, a conceptual model is developed to etc.Finally,itreferstoallprocessesrelatedtoprepareandrun explain how service brand equity is derived specifically in a afirm’sparticipationinatradeshow.Theseprocessesinclude tradeshowcontext.Thepaperemploystheperspectiveofthe the processing of individual data, preparation of halls and trade show industry for two main reasons. First, trade show booths as well as transport and logistics facilities that help organizations are typical business service providers that offer exhibitors set up their presentations. intangible and complex services. Second, facing fierce Finally,tangibleandintangibleresourcesareimportant.As competition for exhibitors and visitors, a positive trade show in many services, human resources have a significant impact brand can be instrumental in building a loyal customer base. ontheperceptionofaserviceprovider.Themorecapableand The conceptual model comprises four main constructs, motivated contact employees are, the more likely that there namely service provider competence, service customer will be smooth interactions between the trade show purchasing value, service customer satisfaction, and service organization, exhibitors and visitors. Interactions with brand equity. 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