Increasing Acceptance for Refurbished Products at the Example of E-Cargo Bikes

Cudok, Anja; Neugebauer, Lukas; Vietor, Thomas

doi:10.1016/j.procir.2022.02.095

Cited by 2 publications

(3 citation statements)

References 10 publications

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“…In the research, it was determined that the perceived performance risk has a low negative effect on the preference of purchasing refurbished products. In another study, it was similarly found that performance risk negatively affects the preference for refurbished products Cudok et al (2022). Again, in similar studies on the subject, it was determined that the perceived performance risk of refurbished products adversely affects the purchasing decisions of consumers since refurbished products are more likely to deteriorate more easily and harm users (Hamzaoui & Linton 2010;Mugge et al, 2017).…”

Section: Discussionmentioning

confidence: 95%

“…Therefore, it is considered that important benefits are provided to the production business by enabling them to produce a new product with less cost and by enabling consumers to purchase products at affordable prices through refurbished products as well as the benefits to the environment by recycling inert products (Ecevit & Duman, 2022). The growth of the refurbished product market will undoubtedly be possible with the increase in consumers' demand for refurbished products, that is, with the acceptance of refurbished products by consumers (Cudok et al, 2022). Therefore, within the scope of this research, the main objective was to offer suggestions that will increase the acceptance of these environmentally friendly sustainable products, make them more acceptable to potential users, disseminate refurbished products and contribute to a more sustainable worldview.…”

Section: Introductionmentioning

confidence: 99%

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Investigation of the Effect of Risk Perceptions of the Generation Z Consumers' Against Refurbished Products on Their Purchase Intention

Onurlubas,

Niyazi Gumus

2023

MMI

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Changes in the consumption culture of individuals, the economic problems experienced and the increase in environmental awareness cause significant increases in the sales of refurbished products, especially technological devices. While the growth of the refurbished product market contributes to consumers having these products at more economical prices, it also contributes to the reduction of the production costs of the enterprises and, from an environmental point of view, to the prevention of possible waste and damages that may arise during the production of new products. Therefore, it would not be wrong to argue that the sales of refurbished products will increase gradually and to predict that the refurbished product market will grow by diversifying. The present study investigates the effect of perceived risk dimensions of young consumers living in Turkey on their intention to purchase refurbished products. The reason why the Z generation was chosen in the study is to learn the buying habits of new or renewed products in technological products and to examine their attitudes towards refurbished products as a generation born and grown up in technology. Another reason for the selection of the Z generation in the research is that the Z generation, which constitutes an important part of society in Turkey, directs technological trends. It is thought that the findings of the research will make significant contributions to the marketing decisions of the companies producing technology for the Z generation, lawmakers and researchers. The research was carried out between January and March 2022 with 415 participants living in Istanbul, Turkey’s largest city, determined by the convenience sampling method. In this research, regression analysis was used to test the hypotheses. The research was carried out with 415 participants. As a result of the research, it was determined that social risk has a low positive and significant effect on the effect of perceived risk dimensions of Generation Z consumers on the purchase intention of the refurbished product, performance risk has a low negative significant effect, psychological risk has a good positive and significant effect, time risk has a low positive significant effect, and physical risk has a low negative and significant effect. These results show that the psychological risk perception of Z generation consumers is important in their renewed product preferences. For this reason, companies should be careful to offer products that meet the expectations of consumers for refurbished products and not disappoint Z generation consumers.

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Section: Discussionmentioning

confidence: 95%

Section: Introductionmentioning

confidence: 99%

Investigation of the Effect of Risk Perceptions of the Generation Z Consumers' Against Refurbished Products on Their Purchase Intention

Onurlubas,

Niyazi Gumus

2023

MMI

View full text Add to dashboard Cite

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“…A decoupling of value creation from resource consumption through a transition to circular economy is crucial to achieving the Sustainable Development Goals (SDGs), given the finite nature of natural resources (Diaz et al, 2021). The circular economy (CE) as defined by Ellen MacArthur Foundation (2013) replaces the linear economic model known as end-of-life or take-make-waste (Cudok et al, 2022) by renewing, reducing, reusing, recycling, and recovering materials (commonly referred to as R-strategies) (Kirchherr et al, 2017). An early and comprehensive consideration of the circular economy achieves strong reductions in environmental impacts as well as an extension and intensification of useful life (Albaek et al, 2020).…”

Section: Sustainability In Product Engineering and Circular Economymentioning

confidence: 99%

Circularity in product engineering – towards a forward-looking approach across product generations

Albers,

Tusch,

Jäckle

et al. 2024

Proc. Des. Soc.

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To enable a truly circular economy in product engineering, the development of products in generations must be considered. Thus, we strive to enable a forward-looking circularity approach, proposing the integration of system generation engineering (SGE) with circular economy principles. By analysing the qualitative interrelations among product generations driven by distinct value preservation strategies on various value creation tiers ("R-strategies"), we extend prior SGE research to advance model theory and support practical application of circular product engineering.

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Increasing Acceptance for Refurbished Products at the Example of E-Cargo Bikes

Cited by 2 publications

References 10 publications

Investigation of the Effect of Risk Perceptions of the Generation Z Consumers' Against Refurbished Products on Their Purchase Intention

Investigation of the Effect of Risk Perceptions of the Generation Z Consumers' Against Refurbished Products on Their Purchase Intention

Circularity in product engineering – towards a forward-looking approach across product generations

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