Dimensions of relationship marketing in business-to-business financial services

Relationship marketing (RM) is frequently employed by firms to improve their dealings with customers.

Dimensions of relationship marketing in business-to-business financial services

Edwin Theron and Nic S. Terblanche

University of Stellenbosch

Introduction

The marketing environment has changed considerably over the past few decades and firms are increasingly attempting to build relationships with their customers to shield off competitors’ offerings. Although relationship marketing (RM) had been practised in the 1800s, it was the re-emergence of RM at the beginning of the 1990s that triggered a renewed focus on the part of both marketing practitioners and marketing academics on the potential value of relationships with customers (Sheth & Parvatiyar 1995). Modern-day firms realise the...

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