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A rejoinder: Is all social exchange marketing? A reply

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Abstract

Our article, “Is All Social Exchange Marketing?”, was a reaction to the works of several authors, only one of which was an article by Richard Bagozzi, “Marketing as Exchange” (1975). This article is a reaction specifically to Bagozzi's “Is All Social Exchange Marketing?: A Reply” (1977). Neither this article nor our earlier one is a development of a theory or a framework for the construction of marketing theory. Thus there were no developments of premises, propositions or formated statements of relationships in that article or this one which might be miscontrued to be a perspective, framework, or theory of marketing. First, we challenge Bagozzi to develop a unique theory of marketing exchange as differentiated from more general concepts of all social, psychological and economic exchanges. Then we defend the purpose and logic of our article against Bagozzi's fallacious assertions relating to our fallacies of logic and misinterpretations of his works, and we point out his inconsistencies and fallacies of logic.

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Chapter
Marketing as exchange is reviewed in the context of broadened marketing as presented during the 1970s. “Functionism" is presented as a framework which presents exchange in its proper historical place as part of a function in the marketing process. The conclusion is that all organizations are involved in the performance of marketing functions. The concept of functionism permits the delineation of those organizational (and individual) tasks which are marketing from those which are not.
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Examines the two traditions of Social Exchange Theory against the background of French and British orientations in Sociology and in the context of the works of Claude Levi-Strauss, George Homans, Peter Blau and others.
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Traditionally, marketers have taken a relatively narrow view of exchange, limiting their inquiry to direct exchanges of tangible entities between two persons. Bagozzi suggests three broad extensions to the exchange model: expanding the notion of exchange, reevaluating the relationship between the media and meaning of exchange, and looking at social marketing in light of the broadened conception of exchange.
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The Structure of Sociological Theory
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