Preview

How to Build Relationship in a Small Business

Powerful Essays
Open Document
Open Document
2363 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
How to Build Relationship in a Small Business
HOW SMALL BUSINESS BUIDS RELATIONSHIP WITH its CUSTOMERs – A CASE OF TOP CURLS BEAUTY SALON- ACCRA, GHANA.

Introduction

According to Gronroos (1997), marketing in relational terms means “To establish, maintain and enhance relationships with customers and other partners, at a profit so that the objectives of the parties involved are met. This is achieved by mutual exchange and fulfillment of promises”. As to whether a business will profitably benefit from investing in relationship with its customers and other stakeholders, a lot depends on the nature of the business. With regards to certain sectors, like the service sectors, it becomes imperative to develop the relationship with its customers, so as to ensure consistent growth and sustainable competitive advantage.

In big organizations like the banks, the bureaucracy makes it difficult for these institutions to be responsive to the needs of their customers. Hence customer relationship building becomes problematic. But taking a small business like a hairdressing salon, various relationship management techniques are blindly employed by these hairdressers to build relationships with customers.

This paper uses the situation of a hairdressing salon located at Akweteyman, a suburb of Accra, Ghana to explain how relationships with customers are built over the years. Top Curls Beauty Salon, located in Akweteyman, is owned and run by Joyce Owusuwaa. She has employed three hairstylists and has six apprentices. She has operated the business for Ten years, and currently is patronized by lots of women from the locality and beyond. Relationship management techniques clearly play out in such small businesses because of the fact that those delivering the services are mostly the owners, and have the passion to see the business grow, hence making them highly entrepreneurial.

Conditions that are conducive to relationship management

It is not every business that can profitably practice relationship management.



References: Gronroos, C. (1997) ‘From marketing mix to relationship marketing – towards a paradigm shift in marketing’, Management Decisions, 35, 4, 322-339 Szmigin, I. and Bourne, H. (1998) ‘Consumer equity in relationship marketing’, Journal of consumer marketing, 15, 6, 544-557 Berry, L. L. (1983) ‘Relationship marketing’, in L. L. Berry, G. L. Sostack and G. Opah (eds) Emerging Perspectives on services marketing, Chicago, II: American Marketing Association, 25-28. Berry, L. L. (1995) ‘Relationship Marketing of Services, Growing Interest, Emerging Perspectives’, Journal of the Academy of Marketing Science, 23, 4, 236-245. Gummesson, E. (1999) Total Relationship Marketing – Rethinking Marketing Management : From 4Ps to 30Rs, Oxford: Butterworth-Heinemann.

You May Also Find These Documents Helpful

  • Good Essays

    Bunnings Marketing Mix

    • 2322 Words
    • 10 Pages

    Evert Gummesson total relationship Marketing (1999) Regis McKenna, relationship Marketing (1991) Martin Christo[her, Adrian Payne, and David Ballantyne, relationship Marketing:Bringing Quality, Customer Service, and Marketing Together (1991)…

    • 2322 Words
    • 10 Pages
    Good Essays
  • Powerful Essays

    Business Level 3 Unit 3 P1

    • 2978 Words
    • 12 Pages

    As a practice, relationship marketing differs from other forms of marketing because it recognizes the long term value of customer relationships and extends communication beyond intrusive advertising and sales promotional messages. With the growth of the internet and mobile platforms, relationship marketing has continued to evolve and move forward as technology opens more collaborative and social…

    • 2978 Words
    • 12 Pages
    Powerful Essays
  • Best Essays

    paradigm shift in marketing. Management Decision, 35(4), pp.332-339. Gummesson, E. (1994) Making relationship marketing operational. International Journal of Service Industry Management, 5(5), pp. 5-20. Gummesson, E. (1999) Total Relationship Marketing-Rethinking Marketing Management: From 4Ps to 30Rs. Oxford: Butterworth-Heinemann. Jobber, D. (2007) Principles and Practice of Marketing. 5th ed. New York: McGraw-Hill Education. Judd, V. C. (1987) Differentiate With the 5th P: People. Industrial Marketing Management, 16(4), pp.241-247. Kasper, H., Helsdingen, P. and Gabbott, M. (2006) Service Marketing Management: a Strategic Perspective. 2nd ed. West Sussex: John Wiley & Sons Ltd. Kluyver, C. A. and Brodie, R. J. (1987) Advertising-versus-marketing mix carryover effect: an empirical evaluation. Journal of Business Research,15, pp.269-287. Kolter, P. (2012) Principles of Marketing. 14th ed. London: Pearson. Little, E. and Marandi, E. (2003) Relationship Marketing Management. London: Cengage Learning EMEA. Ryanair, (2012) About Us. [online] Available at:< http://www.ryanair.com/en/about/fleet> [Accessed on 19 November 2012] Ryanair, (2012) Financial statements for Ryanair holdings plc. [online] Ryanair Ltd. Available at: < http://www.ryanair.com/doc/investor/2012/q4_2012_doc.pdf > [Accessed on 15th October 2012] Reid, D. M. (1980) Evaluation of the marketing mix - its application to strategic marketing, European Journal of Marketing, 14(4), pp. 192 - 205. Sakle, B. (2010) Ryanair-marketing strategy. [online] Aviationgeeks. Available at:[Accessed on 23 October 2012]. Waterschoot, W. V. and Bulte, C. V. D. (1992) The 4P classification of marketing mix revisited. Journal of Marketing, 56, pp.83-93.…

    • 2336 Words
    • 10 Pages
    Best Essays
  • Better Essays

    Value Creation

    • 8646 Words
    • 35 Pages

    Sorce, P. (September 2002). Relationship marketing strategy. Manuscript submitted for publication, Rochester Institute of Technology, Rochester, NY. Retrieved from http://print.rit.edu/pubs/02_04_sorce.pdf…

    • 8646 Words
    • 35 Pages
    Better Essays
  • Good Essays

    Relationship marketing is a type of marketing that puts an emphasis on consumer satisfaction and retention. It focuses on the longstanding relationship with the consumer rather than the prominent focus on an immediate sales transaction. With the growth of the internet in the past two decades, relationship marketing has continued to evolve and move forward as technology…

    • 1538 Words
    • 7 Pages
    Good Essays
  • Powerful Essays

    Duncan, T & Moriarty, S. (1998) “A Communication-Based Marketing Model for Managing Relationships”, Journal of Marketing, 56(2), pp 1-13.…

    • 4860 Words
    • 20 Pages
    Powerful Essays
  • Powerful Essays

    Sheth, J. Parvatiyar, A. (1995). Relationship marketing in consumer markets: antecedents and outcomes. Journal of the Academy of Marketing Science. 23(4), 255–272.…

    • 1702 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    References: Christopher, M. (1991). Relationship Marketing. Bringing Quality customer service and marketing together. 31 (91), 3-15…

    • 3565 Words
    • 15 Pages
    Powerful Essays
  • Powerful Essays

    “When it comes to relationship marketing… you don’t want a relationship with every consumer… in fact, there are some bad customers (the objective is to) figure out which consumer are worth cultivating because you can meet their needs more effectively then anyone else” (Chisnall, P.M 1995).…

    • 2088 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    Relationship marketing applies techniques like marketing, sales, customer care and communication. The relationship is not only enhanced but its life period is increased by these strategies. And as the customer realizes the value of relationship, they are drawn closer. This marketing not only focuses on building relationship and attracting customers to their products and services but also how to retain them.…

    • 3948 Words
    • 16 Pages
    Powerful Essays
  • Powerful Essays

    Michael Beverland, Adam Lindgreen, Julie Napoli, Philip Kotler, Waldemar Pfoertsch, (2007),"Being known or being one of…

    • 9433 Words
    • 41 Pages
    Powerful Essays
  • Best Essays

    5. Grönroos, C. (1990a), “Relationship approach to marketing in service contexts: the marketing and organizational behaviour interface”, Journal of Business Research, Vol 20 No 1, pp.3-11…

    • 1991 Words
    • 8 Pages
    Best Essays
  • Powerful Essays

    Strategic management

    • 13218 Words
    • 53 Pages

    4 MANAGEMENT DECISION 32,2 Has today’s dominant marketing mix paradigm become a strait-jacket? A relationship building and management approach may be the answer. From Marketing Mix to Relationship Marketing:…

    • 13218 Words
    • 53 Pages
    Powerful Essays
  • Powerful Essays

    Bibliography: Berry, L.L. (1995), “Relationship marketing of services – growing interest, emerging perspectives, Journal of the Academy of Marketing Science, Vol. 23 No. 4, pp. 236-45.…

    • 10918 Words
    • 44 Pages
    Powerful Essays
  • Powerful Essays

    Some scholars regard Relationship Marketing as old wine in a new bottle, while others proponents regard it as a different approach representing a paradigm shift. Discuss.…

    • 1375 Words
    • 6 Pages
    Powerful Essays