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Competitive Differentiation in the Digital Environment and Social Networks

In: Advances in Cross-Section Data Methods in Applied Economic Research

Author

Listed:
  • Tatiana Corejova

    (University of Zilina)

  • Maria Rostasova

    (University of Zilina)

  • Alexandra Rovnanova

    (University of Zilina)

  • Marek Valica

    (University of Zilina)

Abstract

Differentiation of services means the inclusion of new services that represent variations to those services that are already part of a range of services. Differentiation of services exists on the basis of service with a real or perceived, rational or emotional value and occupying a place in the mind of the customer. The extent to which these values are important to the customer determines whether they have differentiated themselves. The contribution deals with the so-called virtual value chains in the digital environment e.g. in the two worlds: in physical and in virtual world of information. The comparison of selected social network based on the value chain is included too. This virtual world provides an opportunity to penetrate into the world of electronic business as a new centre of value formation. In buying electronic services with the use of market place in the form of virtual sphere, there are services in the form of digital information which are provided through information channels. Building a virtual value chain through which a company integrates information that is necessary for ensuring processes in the value chain provide managers with an ability to “see” these information flows in the value chain from the beginning to the end as the basis for differentiation as well as for success on the market.

Suggested Citation

  • Tatiana Corejova & Maria Rostasova & Alexandra Rovnanova & Marek Valica, 2020. "Competitive Differentiation in the Digital Environment and Social Networks," Springer Proceedings in Business and Economics, in: Nicholas Tsounis & Aspasia Vlachvei (ed.), Advances in Cross-Section Data Methods in Applied Economic Research, chapter 47, pages 705-716, Springer.
  • Handle: RePEc:spr:prbchp:978-3-030-38253-7_47
    DOI: 10.1007/978-3-030-38253-7_47
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    Keywords

    Competitive differentiation; Value chain;

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