A framework for key account management and revenue management integration
被引:25
作者:
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机构:
Wang, Xuan Lorna
[1
]
Brennan, Ross
论文数: 0引用数: 0
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机构:
Univ Hertfordshire, Hertfordshire Business Sch, Hatfield AL10 9AB, Herts, EnglandUniv West London, London Sch Hospitality & Tourism, London W5 5RF, England
Brennan, Ross
[2
]
机构:
[1] Univ West London, London Sch Hospitality & Tourism, London W5 5RF, England
[2] Univ Hertfordshire, Hertfordshire Business Sch, Hatfield AL10 9AB, Herts, England
Key Account Management (KAM) and Revenue Management (RevM) have been widely practiced in the service industries for more than three decades, but the effects of RevM on ICAM remain largely unknown. This paper addresses this neglected area of study in the marketing field by presenting a framework for KAM and RevM integration that aligns the potentially conflicting management priorities of the two. The study uses an international hotel company as a research context to investigate, first, how a long-term relational approach to KAM may have been affected by RevM short-term revenue maximization goals, and, second, how KAM could be facilitated by RevM through an integrated approach to yield optimization from perishable products and from key accounts. The proposed framework is the first attempt of its kind to amalgamate KAM and RevM, involving critical analysis to assess comprehensively the revenue and the relationship value of a key account. (C) 2014 The Authors. Published by Elsevier Inc.