The University in a Retail Context

Author:

Hysa Xhimi1,Gambarov Vusal1,Zenelaj Besjon1

Affiliation:

1. Epoka University, Albania

Abstract

On-campus retailing is a spread practice, but academia has almost underestimated its potential. Nevertheless, not every type of retail activity adds value to customers and society. When the proposed value is society-driven and sensitive to consumers' wellbeing, customers' engagement increases. One business model, through which it is possible to exploit the benefits of on-campus retailing by adding social value, is the Yunus Social Business. This is a case-based study aiming to describe, through the Social Business Model Canvas, the founding of an organic shop within a university that is supplied by administrative staff of the university that are at the same time also local farmers. Further, the shop aims to resell organic food to university staff and students. The case study is theoretically enriched by traditional Porterian frameworks and new service frameworks such as the service-dominant logic by emphasizing the role of value proposition, value co-creation, and value-in-context.

Publisher

IGI Global

Reference55 articles.

1. African Leadership Academy. (2009). Student-Run Businesses Launched on Campus. Retrieved 25 December, 2018, from, http://www.africanleadershipacademy.org/student-run-businesses-launched-on-campus/

2. Akaka, M. A., & Parry, G. (2018). Value-in-context: An exploration of the context of value and the value of context. In Handbook of Service Science. Springer.

3. Berns, S. (2014). Who’s Schooling Millennial Retailers? Forbes. Retrieved 25 December, 2018, from, https://www.forbes.com/sites/schifrin/2014/05/07/whos-schooling-millennial-retailers/#6d1c1c28273a

4. Constantin, J. A., & Lusch, R. F. (1994). Understanding Resource Management. The Planning Forum, Oxford, UK.

5. Crane, E. (2004). Revitalizing the campus through retail. University Business, (5), 54-58.

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