Using value equations to analyse exchanges

Author:

Blois Keith

Abstract

The concept of exchange is considered and the insights that this provides are combined with Day’s concept of customer value equations to propose that there is also a need to evaluate the supplier’s value equation. Examples of how both customer and supplier value equations might be used by a supplier to further its understanding of the relationships which it has with customers are discussed.

Publisher

Emerald

Subject

Marketing

Reference29 articles.

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4. Anderson, J.C. (1995), “Relationship in business markets: exchange episodes, value creation and their empirical assessment”, Journal of the Academy of Marketing Science, Vol. 23 No. 4, pp. 346‐50.

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