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Article
Publication date: 1 April 1990

W. Wossen Kassaye

Examines the marketing function performed by haggling in both pricesetting and providing price information to customers who do not read andwrite. Considers the process of haggling

Abstract

Examines the marketing function performed by haggling in both price setting and providing price information to customers who do not read and write. Considers the process of haggling and how it can replace promotion as a marketing mix. Concludes that the success of firms in a haggling‐oriented culture depends on: type of product, the way goods are sold as well as the market they are sold into, and the channels of distribution the firm uses to sell its products.

Details

Journal of Consumer Marketing, vol. 7 no. 4
Type: Research Article
ISSN: 0736-3761

Keywords

Book part
Publication date: 10 August 2018

Uchenna Uzo, Ogechi Adeola, Olamide Shittu and Olutayo Otubanjo

Although African markets have incorporated various selling practices originating from the West, there are still some selling practices that are indigenous to the African people…

Abstract

Although African markets have incorporated various selling practices originating from the West, there are still some selling practices that are indigenous to the African people and are widely practised by sellers across the continent. This chapter is an attempt at documenting those indigenous practices with the aim of providing managers, educators and policymakers of the continent with a reference document on what these indigenous selling practices are, how sellers invoke them in the course of transactions and the cultural values that guide these practices. Primary data were gathered from three countries representing western, eastern and southern Africa through observations, field surveys and in-depth and key informant interviews while literature was sourced for secondary data. The chapter identified street selling, haggling and credit-based selling as the major indigenous selling practices found among sellers in Africa. The cultural values that guide selling in the continent include respect, trustworthiness and kindness. The chapter displayed a framework to explain the subject matter and made some practical suggestions that are relevant for managers, educators and policymakers.

Article
Publication date: 10 August 2015

Jagrook Dawra, Kanupriya Katyal and Vipin Gupta

The paper aims to study how deal- and bargaining-prone customers are different from each other. This paper brings out this difference based on psychographics encompassing values …

1115

Abstract

Purpose

The paper aims to study how deal- and bargaining-prone customers are different from each other. This paper brings out this difference based on psychographics encompassing values – consciousness, price mavenism and personality orientations – needed for special treatment (distinctiveness and play).

Design/methodology/approach

The measurement model was assessed using both exploratory factor analysis and confirmatory factor analysis. The structural model was tested using structural equation modeling.

Findings

This paper finds that value consciousness is a two-dimensional construct in the Indian context. This construct comprises two dimensions of value consciousness, including concern for price and concern for quality. The authors find that deal-prone customers are value conscious and price mavens. Bargaining-prone customers are value-conscious price mavens and have a high need for special treatment (play). Play orientation distinguishes between a deal-prone and a bargaining-prone customer.

Research limitations/implications

The study was limited to grocery products. The consumers surveyed were urban and educated Indians.

Practical implications

With the Indian markets being opened for Western retailers, it is imperative to study the Indian consumers. It is important to understand why the local neighborhood store is able to retain its customer base even when the organized fixed-price formats have been around for approximately 20 years.

Originality/value

This is one of the few papers that tries to understand the Indian consumer’s buying behavior, especially with respect to their haggling nature. This paper further develops our understanding of the “deal proneness” and “bargaining proneness” constructs. The authors also study their differences based on psychographics.

Details

Journal of Consumer Marketing, vol. 32 no. 5
Type: Research Article
ISSN: 0736-3761

Keywords

Article
Publication date: 13 June 2023

Omar Shehryar

The purpose of this study is to understand how the degree of congruence between buyers’ and sellers’ intentions to negotiate impacts buyers’ postpurchase emotions and attitudes…

Abstract

Purpose

The purpose of this study is to understand how the degree of congruence between buyers’ and sellers’ intentions to negotiate impacts buyers’ postpurchase emotions and attitudes. In addition, the study examines whether buyers’ self-confidence and negotiation expertise can increase buyers’ perceptions of control and regret, as well as buyers’ postpurchase satisfaction and enjoyment with the purchase. Traditionally, marketplace exchanges have been classified as either fixed price or negotiated. The present research treats marketplace exchanges along a continuum of intention congruence to test the relationships between intention congruence and outcome variables of control, regret, satisfaction and enjoyment with the purchase.

Design/methodology/approach

The authors studied the perceived difference between buyers' and sellers' intentions to negotiate and how the difference impacts buyers' postpurchase attitudinal and emotional outcomes. A mail survey of automobile buyers resulted in a sample of 291 respondents. An automobile is a significant and irreversible purchase for a buyer. Thus, automobile markets often host transactions that evoke dissonance and regret for buyers if things go awry. In addition, buyers and sellers vary considerably in their desire to negotiate, thus reflecting a range of intention congruence in negotiation. Therefore, a survey of automobile buyers was considered appropriate for testing the effects of intention congruence on buyers’ postpurchase outcomes.

Findings

Results indicate that when buyers are willing to negotiate but sellers do not reciprocate equally, buyers feel less in control of a transaction. Contrarily, buyers experienced greater control and lesser regret when buyers’ perceptions of sellers’ intention to negotiate exceeded buyers’ own intentions to negotiate. Results also suggest that when buyers’ intentions to negotiate were congruent with buyers’ perception of sellers’ intention to negotiate, greater dyadic levels of negotiation marginally lowered buyers’ perceived regret. Overall, an intention-congruence perspective adds to the current understanding of negotiated exchanges and is a meaningful approach for improving postpurchase outcomes for buyers.

Research limitations/implications

The study used only the consumers’ perspective of negotiation. Although this is supported by studies in power and dependence because the consumers’ perspective is valuable and valid, a true dyadic measurement of the negotiation process can only be obtained if the sellers’ view is also incorporated. This remains a key limitation of this study.

Practical implications

The results suggest that sellers may be better off honoring buyers’ intentions to negotiate. Intention incongruence negatively impacted buyer satisfaction when buyers perceived sellers to be less eager to negotiate. However, where sellers seem more eager to negotiate, incongruity favored buyers and positively impacted buyers’ postpurchase outcomes. Thus, for sellers, it is worthwhile to consider adding policies that honor negotiation.

Originality/value

Past research classifies marketplaces exchanges as either fixed price or negotiated. The present study uses intention congruence as a continuum between transaction partners. The intention congruence approach allows a closer examination of both the symmetry and strength of intentions to negotiate in a dyadic exchange. Given that markets are comprised of buyers and sellers who display considerable variability in intentions to negotiate, examining intention congruence allows for a more realistic study of negotiation behavior in business-to-consumer marketplaces.

Details

Journal of Consumer Marketing, vol. 40 no. 7
Type: Research Article
ISSN: 0736-3761

Keywords

Article
Publication date: 1 February 1983

RA Forrester

One of the vital roles of retail buyers is an ability to strike good deals for their companies — haggling over that precious 1% which could mean a profit increase of 20%. The…

Abstract

One of the vital roles of retail buyers is an ability to strike good deals for their companies — haggling over that precious 1% which could mean a profit increase of 20%. The foremost skill involved is the art of negotiation, and for those not born with such an aptitude, but who would benefit by achieving it, the St Helens School of Management Studies has designed a course to train buyers in such strategies. Bob Forrester reports.

Details

Retail and Distribution Management, vol. 11 no. 2
Type: Research Article
ISSN: 0307-2363

Article
Publication date: 21 August 2009

Mark de Jong

Like most negotiators, librarians often have the best interests of their institution and constituents in mind when haggling with vendors. Although noble, this mindset frequently…

3413

Abstract

Purpose

Like most negotiators, librarians often have the best interests of their institution and constituents in mind when haggling with vendors. Although noble, this mindset frequently leads to acrimony, distrust between parties and an unsatisfactory contract or weak relationship. This paper aims to provide exemplars of non‐intuitive negotiating strategies that may strengthen bargaining power and relieve adversarial interactions.

Design/methodology/approach

The paper elaborates on a six‐month contract negotiation with a courier service meant to reduce library‐shipping costs. Three basic strategies were used, and they are presented as exceptional methods for enhancing the bargaining environment.

Findings

Mitigating expenditures wherever possible, but especially within a weakened economy, is often a priority for libraries. By using elementary and good faith bargaining methods when negotiating with vendors, librarians may not only meet their goals but surpass them.

Originality/value

The paper provides readers with three basic negotiating strategies within the framework of an actual contract negotiation. These strategies are discussed as best practices applicable to any contractual bargaining environment.

Details

The Bottom Line, vol. 22 no. 2
Type: Research Article
ISSN: 0888-045X

Keywords

Article
Publication date: 23 June 1995

Martin Fojt

This special “Anbar Abstracts” issue of the European Journal of Marketing is split into seven sections covering abstracts under the following headings: Marketing, Europe and…

Abstract

This special “Anbar Abstracts” issue of the European Journal of Marketing is split into seven sections covering abstracts under the following headings: Marketing, Europe and international business; Marketing strategy; Supply‐chain management; Product management; Services marketing; Marketing in the public sector; and Marketing and information technology.

Details

European Journal of Marketing, vol. 29 no. 6
Type: Research Article
ISSN: 0309-0566

Expert briefing
Publication date: 10 February 2015

The prime minister withdrew his first cabinet, proposed in early January, after opposition to the inclusion of figures from the outgoing government who were considered too closely…

Details

DOI: 10.1108/OXAN-DB197572

ISSN: 2633-304X

Keywords

Geographic
Topical
Article
Publication date: 1 October 1994

Martin Fojt

This special “Anbar Abstracts” issue of the Marketing Intelligence & Planning is split into nine sections covering abstracts under the following headings: Business Strategy;…

6836

Abstract

This special “Anbar Abstracts” issue of the Marketing Intelligence & Planning is split into nine sections covering abstracts under the following headings: Business Strategy; Marketing Strategy; Customer Service; Sales Management; Promotion; Marketing Research/Customer Behaviour; Product Management; Logistics and Distribution; Sundry.

Details

Marketing Intelligence & Planning, vol. 12 no. 10
Type: Research Article
ISSN: 0263-4503

Open Access
Article
Publication date: 30 August 2024

Jing Wan and Pankaj Aggarwal

Trade-offs that involve secular values of money and sacred human values are often seen as taboo. This paper aims to examine how consumers avoid making taboo trade-offs with…

Abstract

Purpose

Trade-offs that involve secular values of money and sacred human values are often seen as taboo. This paper aims to examine how consumers avoid making taboo trade-offs with anthropomorphized products, by choosing options that ensure the well-being of the humanized products, even at a financial cost to themselves.

Design/methodology/approach

The authors conducted five experiments, across different marketplace contexts (i.e. repairing, buying and selling), to test the broad generalizability of the extent to which consumers are willing to incur a financial cost due to concern for the well-being of anthropomorphized products.

Findings

The results reveal that consumers are willing to accept financially inferior options to protect the humanness endowed upon anthropomorphized products. The effect is mediated by consumers’ concern for the treatment of the anthropomorphized product. The effect is moderated by consumers’ trait empathy level, such that those low in empathy are willing to sacrifice human value for the sake of greater financial gain.

Research limitations/implications

Future research could examine, in the context of anthropomorphized products, if there are types of human values that are less inviolable, leading consumers to be more willing to trade them off for monetary gains.

Practical implications

The findings have direct implications for second-hand markets. For potential buyers of anthropomorphized products, they should signal concern for the product; for sellers, anthropomorphizing their products can reduce haggling behavior. From a sustainability perspective, consumers may be more motivated to repair or recycle their products if it is framed as “infusing new life” into their products.

Originality/value

This work highlights a novel effect of anthropomorphism: when marketplace decisions are involved, anthropomorphizing a product can introduce a tension between secular monetary values and sacred human values. To the best of the authors’ knowledge, this work is the first to show that consumers are willing to incur a monetary loss to protect the humanness of anthropomorphized product, driven by their concern for the proper treatment of such humanized products.

Details

European Journal of Marketing, vol. 58 no. 13
Type: Research Article
ISSN: 0309-0566

Keywords

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