Relationship marketing and micro-retailer brand in traditional markets

Micro-retailers in the developing world face tough competition from the modern retail sector, and there is some question about their long-term viability. The key to a sustainable role in retailing as the economy modernizes is continuing loyalty among the expanding middle class. We use in-depth inter...

وصف كامل

محفوظ في:
التفاصيل البيبلوغرافية
المؤلف الرئيسي: Theerachun, Sanatcha (author)
مؤلفون آخرون: Speece, Mark (author), Zimmerman, Willi (author)
منشور في: 2013
الوصول للمادة أونلاين:https://dspace.auk.edu.kw/handle/11675/7630
http://dx.doi.org/10.1080/08974438.2013.726955
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الوصف
الملخص:Micro-retailers in the developing world face tough competition from the modern retail sector, and there is some question about their long-term viability. The key to a sustainable role in retailing as the economy modernizes is continuing loyalty among the expanding middle class. We use in-depth interviews among traditional micro-retailers and their customers in Bangkok to illustrate that 1 segment of middle-class customers does see substantial value in continuing to patronize traditional micro-retailers. The service interaction and buyer-seller relationships are vital to customer loyalty for these traditional micro-retailers. Based on this, it seems likely that at least some traditional micro-retailers will be able to survive and prosper as the food retail environment modernizes in Thailand.