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From:From:
 What is relationship marketing? All marketing activities
directed toward establishing, development, and maintaining
successful relational exchanges
 Key Insight:
The value of relationship marketing effectiveness can vary
significantly
 Data:
Sample of 94 previous studies integrated
38,000 firm-customer relationships evaluated
Relationship Marketing
Palmatier, Dant, Grewal, and Evans (2006)
From:From:
 Relationships have the strongest impact on customer
word-of-mouth (r = .61, p < .01) and loyalty (r = .52, p < .01)
 Relationships have a strong impact objective
measures of company financial performance (r = .35, p <
.01)
How customer relationships affect
performance
Palmatier, Dant, Grewal, and Evans (2006)
Note: Numbers reported are sample size weighted reliability adjusted correlation coefficients.
From:From:
 Most Effective: Company expertise and communication
 Effective: Making investments in relationship, matching seller
and customer on similarity, and ensuring there are
relationship benefits
Effective relationship building strategies
Palmatier, Dant, Grewal, and Evans (2006)
From:From:
 Selling services versus products
 Dealing with business customers (B2B) versus consumers
(B2C)
 Dealing with channel partners versus directly with customers
 When the target of the relationship is an individual (e.g.,
salesperson) versus a firm (e.g., firm)
Palmatier, Dant, Grewal, and Evans (2006)
Relationship Marketing is most effective at
driving firm performance when…

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Factors Influencing the Effectiveness of Relationship Marketing: A Meta-Analysis

  • 1. From:From:  What is relationship marketing? All marketing activities directed toward establishing, development, and maintaining successful relational exchanges  Key Insight: The value of relationship marketing effectiveness can vary significantly  Data: Sample of 94 previous studies integrated 38,000 firm-customer relationships evaluated Relationship Marketing Palmatier, Dant, Grewal, and Evans (2006)
  • 2. From:From:  Relationships have the strongest impact on customer word-of-mouth (r = .61, p < .01) and loyalty (r = .52, p < .01)  Relationships have a strong impact objective measures of company financial performance (r = .35, p < .01) How customer relationships affect performance Palmatier, Dant, Grewal, and Evans (2006) Note: Numbers reported are sample size weighted reliability adjusted correlation coefficients.
  • 3. From:From:  Most Effective: Company expertise and communication  Effective: Making investments in relationship, matching seller and customer on similarity, and ensuring there are relationship benefits Effective relationship building strategies Palmatier, Dant, Grewal, and Evans (2006)
  • 4. From:From:  Selling services versus products  Dealing with business customers (B2B) versus consumers (B2C)  Dealing with channel partners versus directly with customers  When the target of the relationship is an individual (e.g., salesperson) versus a firm (e.g., firm) Palmatier, Dant, Grewal, and Evans (2006) Relationship Marketing is most effective at driving firm performance when…