English   Danish

2025/2026  KAN-CEMAV1003U  Customer Experience and Business Model Innovation

English Title
Customer Experience and Business Model Innovation

Course information

Language English
Course ECTS 7.5 ECTS
Type Elective
Level Full Degree Master
Duration One Quarter
Start time of the course First Quarter
Timetable Course schedule will be posted at calendar.cbs.dk
Max. participants 100
Study board
Study Board of Markets & Innovation
Course coordinator
  • Peren Ozturan - Department of Marketing (Marketing)
Main academic disciplines
  • Innovation
  • Marketing
  • Strategy
Teaching methods
  • Blended learning
Last updated on 11-02-2025

Relevant links

Learning objectives
  • Define, characterize and compare customer experiences, as well as their components, drivers, and outcomes.
  • Define, characterize and compare business models, as well as their components, drivers, and types.
  • Generate, characterize and contrast business model innovations, and discuss their enablers and consequences.
  • Discuss and critically reflect upon the alignment between customer experiences and business model innovations.
  • Apply the theoretical knowledge to real brand cases, and discuss the practical implications and limitations.
  • Interrelate the theories, models and frameworks from the course, and critically reflect upon them.
Examination
Customer Experience and Business Model Innovation:
Exam ECTS 7,5
Examination form Oral exam based on written product

In order to participate in the oral exam, the written product must be handed in before the oral exam; by the set deadline. The grade is based on an overall assessment of the written product and the individual oral performance, see also the rules about examination forms in the programme regulations.
Individual or group exam Oral group exam based on written group product
Number of people in the group 2-4
Size of written product Max. 20 pages
Definition of number of pages:
Groups of
2 students = 10 pages max.
3 students = 15 pages max.
4 students = 20 pages max.

Students who wish to have an individual exam might be able to write a term paper in the course. Please see cand.merc. rules for term papers for more information.
Assignment type Project
Release of assignment The Assignment is released in Digital Exam (DE) at exam start
Duration
Written product to be submitted on specified date and time.
10 min. per student, including examiners' discussion of grade, and informing plus explaining the grade
Grading scale 7-point grading scale
Examiner(s) Internal examiner and second internal examiner
Exam period Autumn
Make-up exam/re-exam
Same examination form as the ordinary exam
Re-take exam is to be based on the same report as the ordinary exam:

*if a student is absent from the oral exam due to documented illness but has handed in the written group product she/he does not have to submit a new product for the re-take.

*if a whole group fails the oral exam they must hand in a revised product for the re-take.

*if one student in the group fails the oral exam the course coordinator chooses whether the student will have the oral exam on the basis of the same product or if he/she has to hand in a revised product for there- take.
Course content, structure and pedagogical approach

Recently, many brands have enhanced their equity and established unique positions in the marketplace by improving customer experience and generating diverse types of business model innovations – from resource-driven to customer-driven. In the current business environment - saturated with similar and largely interchangeable product and service offerings - products and services are becoming increasingly perceived as vehicles for experience provision. This emphasizes the importance of effective experience management throughout the customer journey and of effective integration of experience within the business model. However, not all brands should manage customer experience and integrate it into their business model in the same way. Intangible brand assets, such as identity, personality, culture, mission and vision, play a key role in shaping the experience orchestration process. In addition, despite the fact that brands can influence customer experience, the latter is also largely influenced by organizational outsiders on diverse online and offline platforms. On this background, this course aims to provide students with knowledge on how to manage customer experience throughout the customer journey considering internal and external contingencies, and how to generate relevant business model innovations considering customer experience. Accordingly, this course focuses on, yet is not limited to, the following topics:

  • Drivers, components, and consequences of customer experience,
  • Intangible brand assets influencing customer experience,
  • External factors affecting customer experience,
  • Co-creation of experience between internal and external stakeholders,
  • Customer journey design and brand touchpoints,
  • Business model generation and innovation, considering customer experience and the internal assets and external factors influencing them, as well as their outcomes,
  • Alignment of customer experience and business model innovation oriented toward boosting brand equity and achieving competitive advantage.
Research-based teaching
CBS’ programmes and teaching are research-based. The following types of research-based knowledge and research-like activities are included in this course:
Research-based knowledge
  • Classic and basic theory
  • Methodology
Research-like activities
  • Development of research questions
  • Data collection
  • Analysis
  • Discussion, critical reflection, modelling
  • Peer review including Peer-to-peer
  • Activities that contribute to new or existing research projects
  • Students conduct independent research-like activities under supervision
Description of the teaching methods
The course uses a mix of offline and online pedagogies to maximize student learning. The offline sessions mix traditional lecturing with workshops, cases, and group presentations and discussions. The offline sessions are complemented with online tools (e.g., online peer grading, online guest lectures, online teaching materials) and discussion for in-class activities. The course is highly interactive both online and offline with the corresponding expectation that students engage in these interactions.
Feedback during the teaching period
Continual feedback is central to this course. The mix of offline and online pedagogies that are used in this course will ensure: student-to-student feedback; teacher-to-student feedback; and manager-to-student feedback.

Student workload
Preparation 126 hours
Teaching 30 hours
Examination 50 hours
Further Information

This course is part of the Minor in Marketing and Innovation, but can also be taken independently. 
  

Expected literature

Indicative literature:

 

Bardhi, F., & Eckhardt, G. M. (2017). Liquid consumption. Journal of Consumer Research, 44(3): 582-597.

 

Brakus, J. J., Schmitt, B. H., & Zarantonello, L. (2009). Brand experience: what is it? How is it measured? Does it affect loyalty?. Journal of Marketing, 73(3): 52-68.

 

Ertz, M., Sun, S., Boily, E., Kubiat, P., & Quenum, G. G. Y. (2022). How transitioning to Industry 4.0 promotes circular product lifetimes. Industrial Marketing Management, 101: 125-140.

 

Hatch, M. J., & Schultz, M. (2001). Are the strategic stars aligned for your corporate brand. Harvard Business Review, 79(2): 128-134.

 

Iglesias, O., Landgraf, P., Ind, N., Markovic, S., & Koporcic, N. (2020). Corporate brand identity co-creation in business-to-business contexts. Industrial Marketing Management, 85: 32-43.

 

Iglesias, O., Markovic, S., & Rialp, J. (2019). How does sensory brand experience influence brand equity? Considering the roles of customer satisfaction, customer affective commitment, and employee empathy. Journal of Business Research, 96: 343-354.

 

Ind, N., Iglesias, O., & Markovic, S. (2017). The co-creation continuum: from tactical market research tool to strategic collaborative innovation method. Journal of Brand Management, 24(4): 310-321.

 

Lemon, K. N., & Verhoef, P. C. (2016). Understanding customer experience throughout the customer journey. Journal of Marketing, 80(6): 69-96.

 

Morhart, F., Malär, L., Guèvremont, A., Girardin, F., & Grohmann, B. (2015). Brand authenticity: An integrative framework and measurement scale. Journal of Consumer Psychology, 25(2): 200-218.

 

Morris, M., Schindehutte, M., & Allen, J. (2005). The entrepreneur’s business model: Toward a unified perspective. Journal of Business Research, 58(6): 726-735.

 

Nunes, J. C., Ordanini, A., & Giambastiani, G. (2021). The concept of authenticity: What it means to consumers. Journal of Marketing, 85(4): 1-20.

 

Spring, M & L. Araujo (2017). Product biographies in servitization and the circular economy. Industrial Marketing Management, 60: 126-137.

 

Stein, A., & Ramaseshan, B. (2016). Towards the identification of customer experience touch point elements. Journal of Retailing and Consumer Services, 30: 8-19.

 

Taran, Y., Boer, H., & Lindgren, P. (2015). A business model innovation typology. Decision Sciences, 46(2): 301-331.

 

Trujillo-Torres, L., Anlamlier, E., Mimoun, L., Chatterjee, L., & Dion, D. (2024). Access-based customer journeys. Journal of the Academy of Marketing Science, 52(1): 24-43.

 

Last updated on 11-02-2025