Abstract
Markets are evolving from high competition to hypercompetitive formats, which means that competitive advantages are quickly engulfed by competitors and disseminated worldwide. Nonetheless, there is a source strong enough to create added value with a sustainable degree of lasting customer acceptance. However, to be able to exploit that source of competitiveness, it is necessary to change the current economic paradigm; it is indispensable to overcome the rational phase and work within the affective phenomena sphere. That is because both the goal businesses need to reach (becoming consumer's preference) and the elements to achieve it can only be found in what we know as the emotional dimension of life. Once that first premise has been accepted, it is necessary to establish the methodology to convert something not measurable by nature into something else manageable and able to be quantified objectively. After more than 20 years of research and empirical testing, the proposed model (Expansive Emotional Influence) has been able to help grow several businesses from different countries without the need for e-commerce, even in contexts such as the World Financial (2008) and the COVID-19 crisis.
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Notes
- 1.
A preference is considered, according to K.R. Scherer, as “the stable evaluative judgments in the sense of liking or disliking a stimulus, or preferring it or not over other objects or stimuli.”.
- 2.
When we refer to something “substantive” (in the context of this article), it is aligned to actual desires to make it profoundly and constantly appreciated by consumers.
- 3.
According to the Emotional Perception Scale, expectations —the emotional area— must be differentiated from needs, which correspond to the rational area.
- 4.
A utility is “a feature that serves to get something the customer wants.”.
- 5.
The constant evolution of individuals’ expectations is the primary reason for innovation.
- 6.
A successful management of the broad listening process occurs when the receiver’s response is an expectation.
- 7.
The broad listening method is part of the Expansive Emotional Influence methodology developed by the author of this article.
References
Davidson, R.J., Scherer, K.R., Goldsmith, H., (eds): Handbook of the Affective Sciences. Oxford University Press (2003b)
King, B.: Better Designs in Half the Time. GOAL/QPC (1987)
Burley-Allen, M.: Listening. John Wiley & Sons, The Forgotten Skill (1995)
Alzamora, J.: Realidades Complejas. Punto Rojo (2015)
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Alzamora, J. (2023). Business Sustainability in Hypercompetitive Contexts. In: Yaseen, S.G. (eds) Cutting-Edge Business Technologies in the Big Data Era. SICB 2023. Studies in Big Data, vol 135. Springer, Cham. https://doi.org/10.1007/978-3-031-42463-2_3
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DOI: https://doi.org/10.1007/978-3-031-42463-2_3
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