Relationship value and relationship quality: Broadening the nomological network of business‐to‐business relationships
Abstract
Purpose: Established models of buyer‐seller relationships do not reflect managerial emphasis on supplier performance evaluation when modelling business relationships. Proposes that relationship value should be included as a key constituent in such models. Aims to explore the construct's links with key constituents of relationship quality, i.e. commitment, satisfaction, and trust. Design/methodology/approach: A two‐stage research design was used. First, depth‐interviews were conducted with ten senior‐level purchasing managers in US manufacturing companies. Second, data were gathered in a nation‐wide mail survey among 400 purchasing professionals. Findings: The findings suggest that relationship value is an antecedent to relationship quality and behavioural outcomes in the nomological network of relationship marketing. Value displays a stronger impact on satisfaction than on commitment and trust. Value also directly impacts a customer's intention to expand business with a supplier. In turn, its impact on the propensity to leave a relationship is mediated by relationship quality. Contrary to previous research, trust does not appear in this study as an antecedent of behavioural outcomes, but as a mediator of the satisfaction‐commitment link. Research limitations/implications: Confirms the role of value as a key relationship building‐block. Researchers should integrate this cognitive performance‐based construct in models of business relationships. Limitations and research directions refer to the sampling procedure, the need to include the supplier's value perceptions, the possibility of conducting longitudinal research, and the opportunity to assess additional moderating variables. Practical implications: When the goal is to increase business with an existing customer, managers should focus on relationship value. In turn, when managers are concerned with the risk of customers leaving a relationship, they should focus on relationship quality. Trust appears as an important ingredient in stabilising existing business relationships. Originality/value: Stresses the pivotal role of relationship value in marketing. Contributes to a better fit between relationship marketing models and managerial practice in business markets.
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Ulaga and Eggert (2006) rely on the theory of reasoned action to predict that the effect of perceived value on loyalty is mediated by relationship quality.
“In a similar manner, Ulaga and Eggert (2006) rely on Fishbein and Ajzen's (1975) theory of reasoned action to predict a relationship between customer value and loyalty, such that the effect of the cognitive variable (i.e., perceived value) is mediated by an affective variable (i.e., relationship quality) to result in a behavior (i.e., customer loyalty).”
From Understanding and managing customer relational benefits in services: a meta-analysis (2020) · cites this paper as Ulaga and Eggert 2006
Relative to B2C customers, B2B customers tend to exhibit lower levels of customer loyalty, more carefully consider the trade-offs between costs and benefits, and focus more on long-term benefits.
“Relative to B2C customers, B2B customers tend to exhibit lower levels of customer loyalty, more carefully consider the trade-offs between costs and benefits, and focus more on long-term benefits (Lam et al. 2004; Palmatier et al. 2006; Ulaga and Eggert 2006).”
From Understanding and managing customer relational benefits in services: a meta-analysis (2020) · cites this paper as Ulaga and Eggert 2006
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- Authors
- Ulaga, W., & Eggert, A.
- Affiliations
- ESCP Business School (DE)
- Paderborn University (DE)
- Venue
- European Journal of Marketing
- Publisher
- Emerald
- Published
- 2006-03-01
- Volume
- 40
- Issue
- 3/4
- Pages
- 311-327
- ISSN
- 0309-0566 (ISSN-L)
- OpenAlex
- W1563184709
- Cited by
- 762
- References
- 66
- Citations by year
- 2026: 8 · 2025: 10 · 2024: 17 · 2023: 36 · 2022: 38 · 2021: 41 · 2020: 48 · 2019: 46 · 2018: 41 · 2017: 54 · 2016: 43 · 2015: 59 · 2014: 53 · 2013: 66 · 2012: 44
- FWCI
- 43.95
- Type
- journal article
- Language
- en
- Open access
- closed
- Locations
- European Journal of Marketing (publishedVersion)
- RePEc: Research Papers in Economics (submittedVersion)
- HAL (submittedVersion)
- Topics
- Social Sciences › Business, Management and Accounting › Organizational Behavior and Human Resource Management › Customer Service Quality and Loyalty
- Social Sciences › Business, Management and Accounting › Management Information Systems › Quality and Supply Management
- Social Sciences › Business, Management and Accounting › Management Information Systems › Outsourcing and Supply Chain Management
- Keywords
- relationship value, relationship quality, buyer-supplier relationships, relationship marketing, trust, customer satisfaction, relationship commitment, supplier performance evaluation, purchasing managers, breakup, B2B marketing
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