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Relationship Marketing as a Marriage

Adam Lindgreen, Roger Palmer and Michael Beverland

Chapter 12 in Marketing Metaphors and Metamorphosis, 2008, pp 172-182 from Palgrave Macmillan

Abstract: Abstract Until marketing emerged as a distinct business function between World War I and World War II, few economists had shown any interest in the behaviour of customers or the role of intermediaries. Throughout the 1950s and 1960s, however, the marketer came be to seen as a mixer of the 4Ps: product, price, place and promotion. The 4Ps framework – also known as transaction marketing – was to dominate marketing for the next many years (Lindgreen et al., 2004). Transaction marketing focuses on attracting new customers in a broad market or specific segment against a background of unfulfilled demand, and satisfies growing demand through the use of marketing techniques, portfolio analysis and the means of production.

Keywords: Supply Chain; Customer Relationship Management; Customer Relationship; Relationship Marketing; Relationship Market (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-22753-8_12

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DOI: 10.1057/9780230227538_12

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