Factors Influencing Online Secondhand-Good Repurchase Intention at “Junggonara” from Cost-Benefit Perspective

박유진,; 이보성,; 김범수,; 이애리,

doi:10.20462/tebs.2017.02.18.1.123

Cited by 4 publications

(3 citation statements)

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“…Performance costs demonstrated a direct bypassing effect on intention to use LSMPs without the need for transaction satisfaction. Conversely, psychological costs have no significant effect, aligning with Park et al (2017), who found product, not seller, uncertainty significantly influences intentions to engage in second-hand transactions. This doesn't suggest consumers ignore counterpart uncertainty but indicates a willingness to embrace a certain level of it.…”

Section: Discussionsupporting

confidence: 54%

“…While psychological costs were not found to significantly impact transaction satisfaction or intention to use the platform, addressing potential concerns through secure payment methods, privacy measures, and efficient dispute resolution remains important because it can help mitigate users' potential psychological concerns. Leveraging technology, such as artificial intelligence, to manage excessive communication (Park et al, 2017), filter inappropriate language, ensure friendly interactions, and accurately calculate user reputation, can also support a trustworthy and user-friendly environment. Implementing legal or institutional safeguards to address any transaction issues is advisable.…”

Section: Discussionmentioning

confidence: 99%

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The neighborhood advantage: exploring the impact of negotiation costs on transaction satisfaction in local second-hand trading platforms

Park,

Lee,

Kim

2024

Fash Text

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This study aimed to investigate the determinants of transaction satisfaction and intention to use local second-hand marketplace platforms, focusing on the impact of negotiation costs and the moderating influence of users’ sense of their neighborhood. Building on transaction cost theory, we conceptualized negotiation costs as a multidimensional construct that encompassed economic, performance, time, and psychological costs. Our findings revealed that economic and time costs had a significant negative effect on transaction satisfaction, whereas performance and psychological costs did not exhibit such an impact. Furthermore, transaction satisfaction positively influenced users’ intention to use the platform, thereby mediating the relationship between negotiation costs and intention to use. Additionally, we found that users’ sense of their neighborhood enhanced transaction satisfaction and acted as a moderator, attenuating the negative impact of negotiation costs on satisfaction. For users with a high sense of my neighborhood, the negative impact of economic, performance, and time costs on transaction satisfaction was attenuated. These findings contribute to a deeper understanding of consumer behavior on local second-hand trading platforms and emphasize the importance of social cues in shaping transaction satisfaction and intention to use. The implications of our study offer valuable insights for second-hand platform operators.

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Section: Discussionsupporting

confidence: 54%

Section: Discussionmentioning

confidence: 99%

The neighborhood advantage: exploring the impact of negotiation costs on transaction satisfaction in local second-hand trading platforms

Park,

Lee,

Kim

2024

Fash Text

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“…므로 (Choo & Park, 2013;Shin & Koh, 2021) 중고의류의 소비 가치를 알아보고 구매 의도 및 행동과의 관계를 조사한 연구들이 이루어졌다. 그 결과, 중고의류의 감정적 가치 (Choi et al, 2021; S. H. , 사회적 가치 (Choi et al, 2021;Kim, 2019), 진귀적 가치 (Choi et al, 2021;Jang et al, 2022) (Xu et al, 2014 (Na et al, 2021;Park et al, 2017;Yoo, 2006) (Choi et al, 2021;S. H. Lee, 2021;Xu et al, 2014) 독특함도 주요 가치 (Jang et al, 2022;Ko, 2022;Xu et al, 2014)…”

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Big Data Analysis of News on Purchasing Second-hand Clothing and Second-hand Luxury Goods: Identification of Social Perception and Current Situation Using Text Mining

Yoo

2023

Hum. Ecol. Res

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This study was conducted to obtain useful information on the development of the future second-hand fashion market by obtaining information on the current situation through unstructured text data distributed as news articles related to ‘purchase of second-hand clothing’ and ‘purchase of second-hand luxury goods’. Text-based unstructured data was collected on a daily basis from Naver news from January 1st to December 31st, 2022, using ‘purchase of second-hand clothing’ and ‘purchase of second-hand luxury goods' as collection keywords. This was analyzed using text mining, and the results are as follows. First, looking at the frequency, the collection data related to the purchase of second-hand luxury goods almost quadrupled compared to the data related to the purchase of second-hand clothing, indicating that the purchase of second-hand luxury goods is receiving more social attention. Second, there were common words between the data obtained by the two collection keywords, but they had different words. Regarding second-hand clothing, words related to donations, sharing, and compensation sales were mainly mentioned, indicating that the purchase of second-hand clothing tends to be recognized as an eco-friendly transaction. In second-hand luxury goods, resale and genuine controversy related to the transaction of second-hand luxury goods, second-hand trading platforms, and luxury brands were frequently mentioned. Third, as a result of clustering, data related to the purchase of second-hand clothing were divided into five groups, and data related to the purchase of second-hand luxury goods were divided into six groups.

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Analysis of Sales Information of Secondhand Clothing Goods on the C2C Secondhand Trading Platform : Focusing on Content Analysis Using NVivo

Park¹

2021

FTRJ

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Key factors driving continued growth of the fashion recommerce sector include millennial penetration, desire for value and cost savings, the entertainment factor of the treasure hunt for unique items, decluttering, environmental concerns, greater interest from higherincome shoppers and male customers, as well as resellers opening physical locations. 4) We have also seen the emergence of mobile peer-topeer re-commerce platforms offering innovative and easy-to-use technological features including social media functionality.5) Online secondhand resellers could pose a competitive threat to off-price retailers such as TJX, as both offer steep discounts on branded merchandise and provide a treasure hunt shopping experience.

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Factors Influencing Online Secondhand-Good Repurchase Intention at “Junggonara” from Cost-Benefit Perspective

Cited by 4 publications

References 0 publications

The neighborhood advantage: exploring the impact of negotiation costs on transaction satisfaction in local second-hand trading platforms

The neighborhood advantage: exploring the impact of negotiation costs on transaction satisfaction in local second-hand trading platforms

Big Data Analysis of News on Purchasing Second-hand Clothing and Second-hand Luxury Goods: Identification of Social Perception and Current Situation Using Text Mining

Analysis of Sales Information of Secondhand Clothing Goods on the C2C Secondhand Trading Platform : Focusing on Content Analysis Using NVivo

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