Effect of product design on buyback price of end-of-use consumer electronics

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Abstract

Buying back used products and reselling them to the secondhand market has emerged as a new business model in the consumer electronics market. The price that a buyback company pays for a used product is important for manufacturers in that it affects new product sales as well as end-of-life recovery. To clarify what the key factors are in deciding buyback price of used electronics and to help manufacturers manage the buyback price from the design stage, this paper presents an empirical study of buyback price with an example of laptop. Several hundred laptops of the past decade are examined and their buyback prices as of now are estimated using a pricing engine of a real buyback company. The statistical analysis shows the relations of design specification to buyback price as well as the impacts of cosmetic condition and hardware reliability.

Original languageEnglish (US)
Title of host publicationASME 2010 International Design Engineering Technical Conferences and Computers and Information in Engineering Conference, IDETC/CIE2010
Pages145-154
Number of pages10
DOIs
StatePublished - Dec 1 2010
EventASME 2010 International Design Engineering Technical Conferences and Computers and Information in Engineering Conference, IDETC/CIE2010 - Montreal, QC, Canada
Duration: Aug 15 2010Aug 18 2010

Publication series

NameProceedings of the ASME Design Engineering Technical Conference
Volume6

Other

OtherASME 2010 International Design Engineering Technical Conferences and Computers and Information in Engineering Conference, IDETC/CIE2010
CountryCanada
CityMontreal, QC
Period8/15/108/18/10

Keywords

  • Buyback price
  • Consumer electronics
  • End-of-use

ASJC Scopus subject areas

  • Modeling and Simulation
  • Mechanical Engineering
  • Computer Science Applications
  • Computer Graphics and Computer-Aided Design

Fingerprint Dive into the research topics of 'Effect of product design on buyback price of end-of-use consumer electronics'. Together they form a unique fingerprint.

  • Cite this

    Kwak, M., Kim, H. M., & Thurston, D. (2010). Effect of product design on buyback price of end-of-use consumer electronics. In ASME 2010 International Design Engineering Technical Conferences and Computers and Information in Engineering Conference, IDETC/CIE2010 (pp. 145-154). (Proceedings of the ASME Design Engineering Technical Conference; Vol. 6). https://doi.org/10.1115/DETC2010-28726