Work

A Methodology Towards Measuring the Strategic Profile of First-Mover Firms in Industrial Markets

Year: 2002

Type: article

Abstract: This study goes beyond most previous research on first-mover advantages by examining the broader concept of strategic marketing initiative. Specifically, a measurement scale was developed to assess the full extent of a firm's first-mover efforts. A total of 1200 firms were surveyed, with a response rate of 12.2%. The Strategic Marketing Initiative Scale developed exhibited high reliability, and has application in assisting management in recognizing marketing areas for first mover advantages. This can result in better timing of decisions about the strategy of when to act, contributing to the ability to create a competitive advantage around marketing initiatives.

Source: Scholar Commons (University of South Carolina)

Authors: Larry P. Pleshko, Richard A. Heiens, Leanne C. McGrath

Language: English

Topic: Marketing and Advertising Strategies

Subfield: Marketing

Field: Business, Management and Accounting

Domain: Social Sciences

Open Access status: green

OpenAlex ID: W229860177

FWCI: 1.085

Cites: 20

Cited by: 4

Related to: 10