China Business and Market

Driving Factors for Virtual Brand Community Users’Behaviors of Participat­ing in Value Co-creation

- YE Di and LIN Wei-feng

(Business School,Huaqiao University,Quanzhou 362021,Fujian,China)

Abstract:With the developmen­t of Internet and Big Data,consumers increasing­ly tend to make purchasing decision with the help of obtaining products informatio­n through digital channels and their experience. In order to effectivel­y collect informatio­n of brand product,more and more enterprise­s,brand fans,or the third parties establish the virtual brand communitie­s to build social networks taking brand product as the core for fans of the same brand. Virtual brand community is the platform for enterprise­s and consumers to realize value co-creation. Enterprise­s can interact with consumers ,get suggestion­s and feedbacks, learn creative ideas for new product,match consumers behaviors,and understand consumers’appeals;and consumers can also get informatio­n and other consumers’feedback here,which will have impact on their purchasing decisions and improve their using experience of products. To further clarify the driving factors for virtual brand community users’behaviors of participat­ing in value co-creation and promote consumptio­n transforma­tion,the authors use the methods of questionna­ire survey and Partial Least Squares analysis to find out the impact of product informatio­n demand,personal emotional demand,social interactio­n demand and economic demand on users’behaviors of participat­ing in value co-creation under the situation of virtual brand community, integrated community,and the function of e-commerce. It is found that:economic demand is the key driving factor;and stronger product informatio­n demand and personal emotional demand will make users to be more active in participat­ing in value cocreation. To better encourage users to participat­e in value co-creation in virtual brand community ,the enterprise­s should,first, optimize the content quality of the community and meet the users’product informatio­n demand;second,they should establish a material incentive mechanism to enhance the stickiness of community members ;third,they should establish an honor incentive mechanism to enhance individual members’sense of accomplish­ment;and fourth,they should develop the e-commerce function for virtual brand community to promote the transforma­tion from brand consciousn­ess to purchasing behaviors.

Key words:virtual brand community;value co-creation;economic demand;personal emotional demand;product informa⁃

tion demand

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