Page 6/17 Date 05.01.2023 Size 1.79 Mb. #60283
MarketingStrategyChapter07-2.4 (1) Contact density
Relationship quality
Contact authority
Turnover in contacts
Service content
Interface difficulty
Customer value
Controls
Seller performance outcomes
Relationship Breadth:
Number of relational ties with an exchange partner
Relationship Quality:
Nature of relational bonds with an exchange partner
Relationship Composition:
Decision-making capability of the relational contacts at an exchange partner
Key Relational Dimensions
Measures of relationship and loyalty to “selling firm” often commingles firm and the salesperson effects leading to illusionary loyalty
(Palmatier, Scheer, and Steenkamp 2007)
Salesperson-owned loyalty
Selling firm-owned loyalty
Typical Measures Commingles Both Types of Loyalty
Relationship with individuals typically have a larger effect on behaviors than relationship with groups Individuals: on line model (e.g., 26% shift) Firms: recall heuristics
Building Relationships: Takeaways RM has a strong impact on performance especially WOM and may be getting more important RM needs to build gratitude/reciprocity norms , trust, and commitment Gratitude helps start relationships Effect on gratitude can be leveraged by delivery (freewill, motive, timing/value) Interfirm RM needs to build breadth and authority Relationship operate at many levels simultaneously Individual > firm, but susceptible to turnover RM strategies Share with your friends:
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