Article ID: | iaor2003910 |
Country: | Netherlands |
Volume: | 16 |
Issue: | 2 |
Start Page Number: | 293 |
End Page Number: | 303 |
Publication Date: | Aug 1999 |
Journal: | Asia Pacific Journal of Management |
Authors: | Chia Jazzlyn A.L., Noble Peter M. |
Keywords: | Singapore, pricing |
It is generally believed that business-to-business marketing strategies are more uniform worldwide than those in consumer markets, because the buying firms focus more on issues such as product performance and profits. If this is so, a strategy model validated in one industrial market should apply reasonably well in another. This study compares pricing strategies of industrial firms in two market economics, the US and Singapore. A pricing strategy model validated in the US was tested in Singapore to determine whether internal and external conditions incorporated in the model could adequately explain differences in strategy choices between the markets.