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Relationship Value in Thai Business-to-Business Marketing
Authors:Nattavud Pimpa
Affiliation:1. School of Management , Royal Melbourne Institute of Technology (RMIT University) , Australia Nattavud.pimpa@rmit.edu.au
Abstract:This study focuses on value in the business-to-business relationship among buyers and sellers. Relationship value has long been one of the key research areas in marketing for business to business. By examining from the perspective of the buyers, this research identifies how business buyers can use marketing benefits, product benefits, technical benefits, logistics benefits, financial benefits, risk-reduction benefits, information benefits, and strategic benefits to predict buyer–seller relationship. The study confirms significant relationships among marketing benefits, product benefits, and value in retailer–supplier relationship. The analysis from this study supports that benefit in a business-to-business relationship can be created if suppliers work on mutual benefits with customers. The results also confirm that Thai business customers will look for business partners who can provide risk reduction and marketing benefits for their business.
Keywords:Relationship value  business consumers  retailer-supplier relationship  Thailand
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