To read the full version of this content please select one of the options below:

Determinants of satisfaction in sales negotiations with foreign buyers: perceptions of US export executives

Mahesh N. Shankarmahesh (College of Business Administration, University of Missouri‐St Louis, St Louis, Missouri, USA)
John B. Ford (College of Business and Public Administration, Old Dominion University, Norfolk, Virginia, USA)
Michael S. LaTour (Department of Marketing, University of Nevada, Las Vegas, Nevada, USA)

International Marketing Review

ISSN: 0265-1335

Article publication date: 1 August 2004

Abstract

The promotion of US exports has been a priority for the US Department of Commerce, with the aim of reducing the trade deficit. This, combined with the worldwide reduction in trade barriers, has opened up a number of foreign markets for US companies. A key element of export sales development is successful sales negotiations between US exporters and potential foreign buyers. This study examines sales negotiations between US exporters and foreign buyers from 47 different countries. A large‐scale model of the determinants of satisfaction in exporter‐importer sales negotiations is developed and tested. This model incorporates a series of antecedents (cultural divergence, contextual familiarity, goal compatibility, interdependence, trust, social orientation, cooperative orientation) and two major process variables (sense‐making and sense‐giving) which bring in a communications perspective. The effects of sense‐making and sense‐giving on flexibility and conflict and the impact of flexibility and conflict on satisfaction, the ultimate outcome variable, are also examined. The proposed model is tested with data gathered from 179 respondent US export/international sales managers. The fit was found to be excellent. Implications are provided for US export sales executives, along with a discussion of suggestions for future research.

Keywords

Citation

Shankarmahesh, M.N., Ford, J.B. and LaTour, M.S. (2004), "Determinants of satisfaction in sales negotiations with foreign buyers: perceptions of US export executives", International Marketing Review, Vol. 21 No. 4/5, pp. 423-446. https://doi.org/10.1108/02651330410547126

Publisher

:

Emerald Group Publishing Limited

Copyright © 2004, Emerald Group Publishing Limited