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Strategic Relationship Marketing Chapter 2: A Systematic Approach to Buyer – Seller Relationship PP52 - 66 Marketing as Mutual Exchange Marketing as Exchange and as Exchange relationships Has served as the foundation for new theoretical developments Relationship Marketing One-way perspective Network Marketing One-way Perspective perspective Strategic Relationship Marketing Two-way Perspective Three Types of Exchanges Resticted Exchange two-way exchange flow Generalized Exchange one-way exchange flow FMCG = Fast Moving Consumer Goods Complex Exchange two-way exchange flow Two Approaches to Exchanges Utilitarian exchange Example: Distribution channels Symbolic exchange Example: Psychological, social and other nonphysical transformations Mixed Exchanges The Political Economy Paradigm Political and Economic Power Systems Approach 1. Who decides which exchanges and which approaches to be used in a certain situation? Depending on POWER 1. 2. 2. Political and Economic Systems-approach 1. 2. Internally externally The Third Dimension: Power and Systems Components Strategic Relationships Power and Systems Approach Power: Systems Approach: Supplementary The chapter will be regarded as supplementary reading from page 66 and out