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Published in: Journal of the Academy of Marketing Science 1/2008

01-03-2008 | Conceptual/Theoretical Paper

The service-dominant logic and the future of marketing

Authors: David Ballantyne, Richard J. Varey

Published in: Journal of the Academy of Marketing Science | Issue 1/2008

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Abstract

According to Vargo and Lusch (Journal of Marketing, 68:1–17, 2004a, Journal of Service Research, 6:324–335, b), service is the appropriate logic for marketing. For them, service is an interactive process of “doing something for someone” that is valued. More radically, goods also render service and have value-in-use. In this context service becomes the unifying purpose of any business relationship. This marketing world-view involves broadening and reframing what by convention counts as service and stands in opposition to 200 years of mainstream economic logic in explaining productive capacity. In our view they have succeeded in applying their scholarly thinking to old themes with synergistic results. Their thesis challenges marketing orthodoxy, and will in our view support much future innovation in both theoretical and practical terms.

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Metadata
Title
The service-dominant logic and the future of marketing
Authors
David Ballantyne
Richard J. Varey
Publication date
01-03-2008
Publisher
Springer US
Published in
Journal of the Academy of Marketing Science / Issue 1/2008
Print ISSN: 0092-0703
Electronic ISSN: 1552-7824
DOI
https://doi.org/10.1007/s11747-007-0075-8

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Journal of the Academy of Marketing Science 1/2008 Go to the issue

Conceptual/Theoretical Paper

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