Telling stories that sell: The role of storytelling and big data analytics in smart service sales
Abstract The emergence of digitally connected products and big data analytics (BDA) in industrial marketing has attracted academic and managerial interest in smart services. However, suppliers' provision of smart services and customers' adoption of these services have received scarce attention in the literature, demonstrating the need to address the changing nature of customer supplier interactions in the digital era. Responding to prior research calls, this study utilizes ethnographic research and a storytelling lens to advance our knowledge of how stories and BDA can enhance customers' attitudes toward suppliers' smart services, their behavioral intentions and their actual adoption of smart services. The study's findings demonstrate that storytelling is a collective sensemaking and sensegiving process that occurs in interactions between customers and suppliers in which both parties contribute to the story development. The use of BDA in storytelling enhances customer sensemaking of smart services by highlighting the business value extracted from the digitized data of a reference customer. By synthesizing insights from servitization, storytelling, BDA and the customer reference literature, this study offers managers practical guidance regarding how to increase smart service sales. An example of a story used to facilitate customer adoption of a supplier's smart services in the manufacturing sector is provided.