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Author: | Hünerberg, R. Hüttmann, A. |
Title: | Performance as a basis for price-setting in the capital goods industry: concepts and empirical evidence |
Journal: | European Management Journal
2003 : DEC, VOL. 21:6, p. 717-730 |
Index terms: | Industrial marketing Job performance Uncertainty Pricing |
Language: | eng |
Abstract: | The authors discuss a new pricing strategy, which leads to a certain variability of prices as the supplier offers to fix prices to performance parameters of long-lasting industrial goods. Empirical research covered 131 German mechanical engineering companies. The results show a mixed pricture. Uncertainty-reducing effects are well perceived while other assumptions could not be confirmed. |
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