IMPLEMENTATION OF SERVICE DOMINANT LOGIC (SDL) THEORY AND THE CONCEPT OF CO-CREATION IN ECHOLEF'S SUSTAINABLE PRODUCT INNOVATION

Authors

DOI:

https://doi.org/10.22437/jmk.v14i04.51798

Abstract

This study analyzes the transformation of business models in the creative industry through the application of Service-Dominant Logic (SDL) and value co-creation as strategic efforts to strengthen competitiveness and support sustainable product innovation. The research focuses on the development of Echolef, a new division established to build a collaborative ecosystem grounded in creativity, cultural values, and environmental sustainability. Using a descriptive qualitative approach, data were collected through interviews, observations, and documentation to explore the interactions among companies, customers, and creative partners. The findings reveal that value co-creation practices facilitated through open dialogue, information access, transparency, and shared risk management enhance customer participation and enrich the experiential meaning of products. The Business Model Canvas mapping highlights that Echolef’s competitive strength stems from integrating creative design, cultural storytelling, and innovation in eco-friendly materials. SDL further enables a strategic shift from product-centric to service-oriented value creation, emphasizing experiences, interactions, and resource integration among ecosystem actors. Overall, the study confirms that innovation and creativity are essential in developing adaptive and sustainable business models aligned with evolving market dynamics and consumer preferences. In conclusion, the combined SDL and value co-creation approaches effectively strengthen competitiveness by generating relevant, authentic, and future-oriented collaborative value.

Author Biography

  • Endy Gunanto Marsasi, Islamic University of Indonesia

    Dr. Endy Gunanto Marsasi, MM

    Adalah Dosen manajemen pemasaran di Fakultas Bisnis dan Ekonomika Iniversitas Islam Indonesia (FBE UII). Menyelesaikan pendidikan S1 (UGM) di tahun 1995,  dan S2 dari program Magister Manjemen FEB Universitas Gadjah Mada pada tahun 1998, dan menyelesaikan pendidikan Doktor ilmu Manajemen dengan konsentrasi pemasaran di  FEB Universitas Gadjah Mada pada tahun 2010. Saat ini penulis mengajar untuk tingkat sarjana dan Magister Manajemen Fakultas Bisnis dan  Ekonomika UII untuk mata kuliah konsentrasi pemasaran. Penulis juga menjabat sebagai pengurus Indonesia Marketing Asosiasi (IMA) kebidangan sertifikasi dan akademik untuk chapter Sleman 2018-2021 dan 2021-2024, 2024-2027 dan dipercaya sebagai menjadi Penasihat Bidang 3 Dekranasda Sleman, lembaga di bawah Disperindag. Penulis dipercaya sebagai ketua pengembangan kurikulum dan pelaksanaan Sekolah Manajer sebagai program pendukung Magister Manajemen MM FBE UII. Beberapa tulisan di jurnal internasional dan nasional terakreditasi pernah dilakukan, dan menjadi reviewer pada beberapa jurnal nasional dan Internasional.Saat ini penulis aktif melakukan penelitian di bidang perilaku konsumen yang berkaitan perkembangan perilaku konsumen. Pengakuan sebagai peneliti dapat dikonfirmasi dari beberapa ID yang dimiliki yakni Id Sinta : 6805327;Id Google Scholar: jbFhpvIAAAAJ; Id Scopus:  57224778678; Id Researcher (WOS):  GQA-4768-2022; Id Garuda : 3306613; Id Orchid: https://orcid.org/0000-0002-4130-7645

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Published

2025-12-23

How to Cite

IMPLEMENTATION OF SERVICE DOMINANT LOGIC (SDL) THEORY AND THE CONCEPT OF CO-CREATION IN ECHOLEF’S SUSTAINABLE PRODUCT INNOVATION. (2025). Jurnal Manajemen Terapan Dan Keuangan, 14(04), 1887-1906. https://doi.org/10.22437/jmk.v14i04.51798

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