Food SMEs face increasing competition in the EU market : marketing management capability is a tool for becoming a price maker
Articolo
Data di Pubblicazione:
2014
Citazione:
Food SMEs face increasing competition in the EU market : marketing management capability is a tool for becoming a price maker / A. Banterle, A. Cavaliere, L. Carraresi, S. Stranieri. - In: AGRIBUSINESS. - ISSN 0742-4477. - 30:2(2014), pp. 113-131.
Abstract:
The price-making ability of food small and medium-sized enterprises (SME) is important for their market
survival. Since pricing is a part of marketing activities, by developing specific marketing capabilities, firms
can improve their ability to make pricing decisions. This paper aims at evaluating the relationship between marketing capabilities and a firm’s price-making ability. A survey was conducted based on a sample of 371 food SMEs in the EU. We applied an Ordinal Regression Model to evaluate the determinants of a firm’s price-making ability. The analysis results revealed a certain ability of SMEs to set prices. Market analysis and marketing strategy planning capabilities are positively related to the price-making ability of a firm, while firm size is not. Supply chain relationships play a crucial role in price-making due to the strong constraint presented by the presence of vertical competition between food SMEs and supermarkets.
Tipologia IRIS:
01 - Articolo su periodico
Keywords:
SMEs; Food; Marketing; Price
Elenco autori:
A. Banterle, A. Cavaliere, L. Carraresi, S. Stranieri
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