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Scientific Article details

Title Green marketing cradle-to-cradle: Remanufactured products in Asian markets
ID_Doc 5777
Authors Wang, PJ; Kuah, ATH
Title Green marketing cradle-to-cradle: Remanufactured products in Asian markets
Year 2018
Published Thunderbird International Business Review, 60, 5
DOI 10.1002/tie.21925
Abstract Remanufacturing, a key circular economy practice, is a new way of sustainable thinking without depleting additional economic resources. Because remanufactured goods come from direct reuse of returned or already used goods, the environmental impacts of production are reduced and product longevity is extended; therefore, these products can be considered green products. Are they appealing to the green consumers, however? Our questionnaire survey of more than 1,168 consumers from eight Asian countries shows that the real green market for remanufactured products is not yet ready. Reactions to green attributes of remanufactured products are disproportionate from Asian consumers with different consumption values. Status- and value-conscious consumers may buy into remanufactured products if they perceive them as greener. However, the findings suggest that environmentally conscious consumers do not show a high appreciation for the green concept of remanufactured products in Asia. The results highlight important takeaways for remanufacturers in the circular economy and those selling remanufactured products: to identify and define the right selling point of greenness to align with Asian consumers' inherent values.
Author Keywords Asia; circular economy; consumer adoption; remanufacturing
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Emerging Sources Citation Index (ESCI)
EID WOS:000440853700009
WoS Category Business
Research Area Business & Economics
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