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Relationship Marketing and Sustained Competitive Advantage
Authors:W Glenn Rowe  James G Barnes
Institution:(1) Faculty of Business Administration, Memorial University of Newfoundland, St. Johnlsquos Nfld, Canada, A1B 3X5;(2) Faculty of Business Administration, Memorial University of Newfoundland, St. Johnlsquos, Nfld, Canada, A1B 3X5
Abstract:This paper examines four perspectives of relationshipmarketing that have been discussed in the marketing literaturein recent years and which are being touted as sources of long-termprofitability for organizations. We examine each of the fourperspectives (rsquorsquolocking inlsquolsquo customers, customer retention, databasemarketing, and building strong, close, positive relationships)to assess their potential for achieving a sustained competitiveadvantage. Our analysis suggests that only those organizationsthat build strong, close, positive relationships with their customershave the potential to develop a sustained competitive advantagethat may lead to above normal performance.
Keywords:Customer retention  rsquogif" alt="rsquo" align="BASELINE" BORDER="0">rsquolocking in" target="_blank">gif" alt="rsquo" align="BASELINE" BORDER="0">locking in  lsquogif" alt="lsquo" align="BASELINE" BORDER="0">lsquo database" target="_blank">gif" alt="lsquo" align="BASELINE" BORDER="0"> database  relationship marketing
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