Kotler and Borden are not dead: myth of relationship marketing and truth of the 4Ps
Purpose - The purpose of this paper is to verify whether relationship marketing is a new paradigm that has replaced transactional marketing.Design methodology approach - A literature and empirical study indicated that relationship marketing is neither an invention of the late twentieth century, nor...
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Veröffentlicht in: | The Journal of consumer marketing 2007-07, Vol.24 (4), p.229-241 |
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Format: | Artikel |
Sprache: | eng |
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Zusammenfassung: | Purpose - The purpose of this paper is to verify whether relationship marketing is a new paradigm that has replaced transactional marketing.Design methodology approach - A literature and empirical study indicated that relationship marketing is neither an invention of the late twentieth century, nor prevailing in practice. This suggested that rather than a complete paradigm shift, relationship marketing and transactional marketing are complementary. Through interviewing five Scandinavian companies about their marketing priorities, their mix of transactional and relationship marketing approaches was studied.Findings - The paper finds that no company exclusively used the relationship marketing approach. Some were merely utilizing the traditional marketing concept of 4Ps; others were blending a relationship and transactional marketing mix.Research limitations implications - This is a limited study, which calls for further validating.Practical implications - The Kotlerism of the 4Ps is still dominating. Relationship concepts are utilized to some extent. A relationship strategy can be used as a supporting approach. Thus, there is need to blend relationship and transactional marketing mixes.Originality value - The paper argues that the relationship marketing is not a paradigm shift; focus should be on relationship management, not marketing. The paper also shows the complementarities of relationship management and transactional marketing. |
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ISSN: | 0736-3761 2052-1200 2052-1200 |
DOI: | 10.1108/07363760710756011 |