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NTU Management Review Vol. 33 No. 2 Aug. 2023




               reciprocal way. These affective activities based on mutually beneficial exchange enable
               the relationship between direct sellers and customers to move from a state of relational
               transaction towards mutual dependence based on bilateral commitment and trust.
               Relational bonds and shared norms then encourage customers to join sales teams as direct

               sellers continue to leverage their experience and knowledge and expand their teams.
                   Unlike the first two stages, the stable symbiosis stage involves direct sellers sharing
               business opportunities and partnering with their customers to drive their teams’ growth.

               During this stage, direct sellers strengthen their partnerships with some customers
               who then become members of the sales team. To create stable symbiotic relationships,
               customers and direct sellers help each other, collaborate, share experiences and resources,
               and cocreate value. They also share knowledge, which enables direct sellers to respond
               to potential business opportunities, energize their team members, reinforce shared values,

               and develop their businesses. In this stage, direct sellers become innovation oriented.


                                 4. Research Limitations/Implications



                   The findings can help direct sellers and interpersonal-oriented microentrepreneurs
               develop business strategies and serve as references for companies implementing training
               programs for direct sellers. Entrepreneurs should understand the entrepreneurial stages to
               apply the appropriate EM initiative and thereby optimize resource allocation and returns.

               In addition, direct sellers can gain partners through customer optimization and foster stable
               symbiotic relationships by inspiring partnership. Without understanding relational states
               and acting accordingly, direct sellers may be unable to proceed to subsequent later stages
               of entrepreneurship.

                   This study has several limitations that future studies can address. First, because
               various EM constructs are involved in each stage, objective measures of changes in these
               constructs should be developed and evaluated (Toghraee, Rezvani, Mobaraki, and Farsi,
               2017; Schweiger, Stettler, Baldauf, and Zamudio, 2019). We examine direct sellers’

               entrepreneurial experience by using multiple data sources, and our analysis is sensitive to
               the context underlying the phenomenon; however, the findings may not holistically reflect
               direct sellers’ sales performance. Studies should thus include outcome measures (e.g., sale
               performance data) to elucidate the causal relationships among EM constructs and improve



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