Customer Perception of Servitization in the Durable Consumer Goods Segment of SMEs in Sweden : A Case Study with the Sjöstrand Trading AB

Sammanfattning: Servitization has long since proven its benefits for manufacturing companies and is expected to gain future importance due to its sustainable and competitive significance. Yet, research has insufficiently addressed the effect of consumer goods companies integrating services in their portfolio to meet customer demands and justify new pricing models in B2C markets. This research focuses on the consumer perception of services from different levels of complexity to provide managerial implications on how SMEs are advised to react to the Servitization trend in Sweden. A conceptualization of services according to the service scale by Mastrogiacomo et al. (2020) provides the framework for obtaining cross-sectional consumer data on the perception of servitization levels using a customer survey in the Swedish market for the durable consumer goods start-up Sjöstrand. Findings show that the key factors for the perception of services are demographics and the customer’s relation to the brand. The analyzed factors of age, customer relationship, and previous topic-related knowledge about servitization show that higher degrees of customer loyalty prove essential for implementing long-term service strategies like leasing or individualized service plans without transfer of ownership. Services that provide customers with additional knowledge and communication on an individual level demonstrate simple ways to provide high value in use and sustainability. Growing demands for personalization, customer co-creation, and the self-repair trend require companies to identify strategies to increase value-in-use. Furthermore, many services may require an assessment for deservitization as their value proposition can misalign with managerial expectations.