Dynamics of Buyer-Seller Relationship Management
Summary
The dynamics of buyer–seller relationship management encompass the processes through which commercial partners establish, maintain and evolve their interactions over time. Research in this area integrates theories of relational governance, social exchange and resource dependence to explain how trust, power imbalances, communication patterns and joint problem-solving shape performance and resilience. In contemporary markets, digital platforms and data analytics have introduced new mechanisms for monitoring, coordinating and personalising exchanges, while concerns over sustainability and ethical sourcing have further redefined collaborative practices. The field also addresses the impact of environmental turbulence—ranging from economic cycles to geopolitical risks—on relationship configurations, highlighting how firms adapt contractual terms, governance structures and social bonds during crises and recovery. Insights from behavioural experiments, network analyses and longitudinal field studies reveal that both cooperative (for instance, information sharing and joint investments) and competitive (such as opportunistic actions) behaviours co-exist within dyads, requiring nuanced governance strategies. Global case studies illustrate how multinationals, small enterprises and public buyers navigate regulatory diversity, cultural differences and supply chain disruptions, with practical implications for managers seeking to foster long-term value creation, mitigate risk and enhance collective performance across diverse contexts.
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Dynamics of Buyer-Seller Relationship Management publication trend
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Technical terms
Relational governance: The combination of formal contracts and informal norms used to manage inter-firm relationships.
Opportunism: Self-interested behaviours by one party that can harm the partner or relationship.
Accommodative velocity: The speed and extent of cooperative actions in buyer–supplier interactions.
Exploitative velocity: The speed and extent of self-serving or competitive actions in buyer–supplier interactions.
References
- “Good Times–Bad Times” – Relationship marketing through business cycles. Journal of Business Research (2023).
- Buyer–Supplier Relationship Dynamics in Buyers’ Bankruptcy Survival. Journal of Marketing (2023).
- Development of business-to-business relationships in turbulent environments. Industrial Marketing Management (2023).
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