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Lookup NU author(s): Dr Fabrizio Casalin,
Dr Gu Pang
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License (CC BY-NC-ND).
Despite the rapid expansion of secondary markets for remanufactured electronic goods, the understanding of their empirical dynamics such as the price-volume relationships is still rather limited. In this study, we investigate such dynamics over time for new, manufacturer- and seller-refurbished smartphones using data from eBay UK and eBay US. We find significant negative relationships between price and volume of new smartphones indicating that the profit potential of such markets for sellers is limited. We show, instead, that the price-volume relationships for remanufactured smartphones are positive and significant - suggesting that the secondary markets for such items are potentially highly profitable. Overall, our empirical results suggest that the UK markets have higher profit potential than their US counterparts. The analysis proposed is a further step toward a better understanding of the price dynamics of new and remanufactured smartphones - and it enables both manufacturers and EOMs to better evaluate the profit potential of one of the fastest growing segments of consumer electronics.
Author(s): Phantratanamongkol P, Casalin F, Pang G, Sanderson J
Publication type: Article
Publication status: Published
Journal: International Journal of Production Economics
Print publication date: 01/05/2018
Online publication date: 24/02/2018
Acceptance date: 21/02/2018
Date deposited: 19/12/2017
ISSN (print): 0925-5273
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