Relationship Marketing and Sustained Competitive Advantage |
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Authors: | W Glenn Rowe James G Barnes |
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Institution: | (1) Faculty of Business Administration, Memorial University of Newfoundland, St. John s Nfld, Canada, A1B 3X5;(2) Faculty of Business Administration, Memorial University of Newfoundland, St. John s, Nfld, Canada, A1B 3X5 |
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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 (![rsquo](/content/kxe548gbkefdara9/xxlarge8217.gif) locking in![lsquo](/content/kxe548gbkefdara9/xxlarge8216.gif) 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. |
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Keywords: | Customer retention ![rsquo](/content/kxe548gbkefdara9/xxlarge8217</a> <a href=) gif" alt="rsquo" align="BASELINE" BORDER="0"> locking in" target="_blank">gif" alt="rsquo" align="BASELINE" BORDER="0">locking in ![lsquo](/content/kxe548gbkefdara9/xxlarge8216</a> <a href=) gif" alt="lsquo" align="BASELINE" BORDER="0"> database" target="_blank">gif" alt="lsquo" align="BASELINE" BORDER="0"> database relationship marketing |
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