Stories of value: business model innovation adding value propositions articulated by Slow Storytelling

Marta Gasparin*, Martin Quinn, William Green, Michael Saren, Steve Conway

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

2 Citations (Scopus)
95 Downloads (Pure)

Abstract

This article proposes an empirically derived method, Slow Storytelling, to construct and articulate value propositions, as a contribution to Business Model Innovation. Organizational actors and customers must be clear on what value an enterprise, product or service offers. This is increasingly important for products and services that leverage social, cultural, and environmental values. However, few existing models provide the framework and method to facilitate business articulation of value proposition for stakeholders. Our participatory ethnographic study conducted before and during COVID-19 in craft micro-enterprises in Uzbekistan addresses this gap. We co-created a novel method, ‘Slow Storytelling’, to innovate, enhance and articulate value propositions, by mobilizing and communicating the social, cultural, and environmental values; for example, by explaining the lived and sustainable history of the product. The method consists of eight steps to elicit consumers’ emotional connection with craft producers and trigger attention towards their social and environmental impact. Slow Storytelling can be adopted beyond our craft setting, to support the construction and articulation of value propositions.
Original languageEnglish
Pages (from-to)101-111
Number of pages11
JournalJournal of Business Research
Volume149
Early online date18 May 2022
DOIs
Publication statusPublished - Oct 2022

Bibliographical note

Funding Information:
The authors declare that they have no known competing financial interests or personal relationships that could have appeared to influence the work reported in this paper. This work has been funded by the AHRC grant AH/V006657/1 and ESRC ES/S006060/1

Publisher Copyright:
© 2022 The Author(s)

Keywords

  • Business model innovation
  • COVID-19
  • Micro-enterprises
  • Slow storytelling
  • Value proposition

ASJC Scopus subject areas

  • Marketing

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