The price-volume relationship for new and remanufactured smartphones

Supanan Phantratanamongkol, Fabrizio Casalin, Gu Pang and Joseph Sanderson

International Journal of Production Economics, 2018, vol. 199, issue C, 78-94

Abstract: Despite the rapid expansion of secondary markets for remanufactured electronic goods, the understanding of their empirical dynamics such as the price-volume relationship 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 for 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 proposed analysis is a further step toward a better understanding of the price dynamics of new and remanufactured smartphones – and it enables both manufacturers and OEMs to better evaluate the profit potential of one of the fastest growing segments of consumer electronic goods.

Keywords: Price-volume relationship; Remanufacturing; eBay; Regression analysis (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0925527318300999
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:proeco:v:199:y:2018:i:c:p:78-94

DOI: 10.1016/j.ijpe.2018.02.010

Access Statistics for this article

International Journal of Production Economics is currently edited by Stefan Minner

More articles in International Journal of Production Economics from Elsevier
Bibliographic data for series maintained by Catherine Liu ().