Recommerce.docx

Info icon This preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Monika Hulewicz 1. How attractive is the recommerce space? What are advantages and disadvantages? Recommerce space is highly attractive not only from the single consumer’s point of view but it also promotes sustainability. The idea of recovering the products can benefit both seller and buyer and it lowers the products waste. Advantages of recommerce: Allows the customer to obtain the high quality product at a fraction of the price of the original one, making it affordable to wider spectrum of customers, who otherwise would not be able to afford it Allows the seller regain part of the money spent on the product Gives “second” life to the product, therefore Is much more sustainable than buy-use-throw away idea Has great ecological impact, as lower amount of waste is produced Creation of recommerce platform increases economy (new working spaces & employment) Disadvantages of recommerce: It raises competition in the market for the original seller Lowers demand for the original product Reduces the brand value of the product Can negatively impact image of luxury brands, which target only selected customers and control it by higher price Can negatively impact charity organizations, as product which could have been donated are now resold Does not provide guarantee for the buyer
Image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern