Remanufacturing, Third-Party Competition, and Consumers' Perceived Value of New Products

被引:277
作者
Agrawal, Vishal V. [1 ]
Atasu, Atalay [2 ]
van Ittersum, Koert [3 ]
机构
[1] Georgetown Univ, McDonough Sch Business, Washington, DC 20057 USA
[2] Georgia Inst Technol, Scheller Coll Business, Atlanta, GA 30332 USA
[3] Univ Groningen, Dept Mkt, Fac Econ & Business, NL-9747 AE Groningen, Netherlands
关键词
remanufacturing; closed-loop supply chains; behavioral operations; competition; BRAND EXTENSIONS; MARKET; ASSIMILATION; CONTRAST; QUALITY;
D O I
10.1287/mnsc.2014.2099
中图分类号
C93 [管理学];
学科分类号
12 ; 1201 ; 1202 ; 120202 ;
摘要
In this paper, we investigate whether and how the presence of remanufactured products and the identity of the remanufacturer influence the perceived value of new products through a series of behavioral experiments. Our results demonstrate that the presence of products remanufactured and sold by the original equipment manufacturer (OEM) can reduce the perceived value of new products by up to 8%. However, the presence of thirdparty-remanufactured products can increase the perceived value of new products by up to 7%. These results suggest that deterring third-party competition via preemptive remanufacturing may reduce profits, whereas the presence of third-party competition may actually be beneficial for an OEM.
引用
收藏
页码:60 / 72
页数:13
相关论文
共 46 条
  • [11] Incentive-aligned conjoint analysis
    Ding, M
    Grewal, R
    Liechty, J
    [J]. JOURNAL OF MARKETING RESEARCH, 2005, 42 (01) : 67 - 82
  • [12] An incentive-aligned mechanism for conjoint analysis
    Ding, Min
    [J]. JOURNAL OF MARKETING RESEARCH, 2007, 44 (02) : 214 - 223
  • [13] Consumer Mental Accounts and Implications to Selling Base Products and Add-ons
    Erat, Sanjiv
    Bhaskaran, Sreekumar R.
    [J]. MARKETING SCIENCE, 2012, 31 (05) : 801 - 818
  • [14] Eriksson K, 2010, JUDGM DECIS MAK, V5, P159
  • [15] Ferguson ME, 2006, PROD OPER MANAG, V15, P351, DOI 10.1111/j.1937-5956.2006.tb00250.x
  • [16] Managing new and remanufactured products
    Ferrer, G
    Swaminathan, JM
    [J]. MANAGEMENT SCIENCE, 2006, 52 (01) : 15 - 26
  • [17] CONJOINT-ANALYSIS IN MARKETING - NEW DEVELOPMENTS WITH IMPLICATIONS FOR RESEARCH AND PRACTICE
    GREEN, PE
    SRINIVASAN, V
    [J]. JOURNAL OF MARKETING, 1990, 54 (04) : 3 - 19
  • [18] The Potential for Cannibalization of New Products Sales by Remanufactured Products*
    Guide, V. Daniel R., Jr.
    Li, Jiayi
    [J]. DECISION SCIENCES, 2010, 41 (03) : 547 - 572
  • [19] The Evolution of Closed-Loop Supply Chain Research
    Guide, V. Daniel R., Jr.
    Van Wassenhove, Luk N.
    [J]. OPERATIONS RESEARCH, 2009, 57 (01) : 10 - 18
  • [20] Hewlett-Packard company unlocks the value potential from time-sensitive returns
    Guide, VDR
    Muyldermans, L
    Van Wassenhove, LN
    [J]. INTERFACES, 2005, 35 (04) : 281 - 293