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Consumer perceptions of circular business model: a case of leasing strollers
KTH, School of Industrial Engineering and Management (ITM), Production engineering, Manufacturing and Metrology Systems. (Circular Manufacturing Systems)ORCID iD: 0000-0002-6590-7514
KTH, School of Industrial Engineering and Management (ITM), Production engineering, Manufacturing and Metrology Systems.ORCID iD: 0000-0002-1365-667X
KTH, School of Industrial Engineering and Management (ITM), Production engineering, Manufacturing and Metrology Systems.ORCID iD: 0000-0002-5826-8670
2022 (English)In: Manufacturing Driving Circular Economy: Proceedings of the 18th Global Conference on Sustainable Manufacturing, October 5-7, 2022, Berlin / [ed] Holger Kohl, Günther Seliger, Franz Dietrich, Springer Nature , 2022, p. 953-960Conference paper, Published paper (Refereed)
Abstract [en]

Circular Economy (CE) promotes trading functions of a product as aservice instead of selling the product in conventional ways. For a product like ababy stroller, the function means ensuring mobility with infants without needingto own a stroller. This approach of acquiring functions only when needed opensup the possibility to share the same products with multiple users. For a manufacturer that has built its business on a conventional sales model over the decades,this shift may be too radical. Therefore, for the manufacturers, it is important tounderstand consumer perceptions of the service-oriented business model beforeentering this unknown territory. To develop a thorough understanding of consumerperceptions of leasing a stroller instead of buying one, a survey among 200 parentsin Stockholm is conducted. The survey brings out quantitative results such as 39%of respondents are open to leasing and identifies key influencing factors such asconvenience and environmental image that play a key role for the remaining 61%of respondents to choose leasing. This research concludes that a large numberof consumers are open to leasing if a high level of service and environmentallysustainable strollers are offered at a competitive price.

Place, publisher, year, edition, pages
Springer Nature , 2022. p. 953-960
Series
Lecture Notes in Mechanical Engineering, ISSN 2195-4356
Keywords [en]
Circular Economy, Business model, Leasing, Service-oriented, Consumer perceptions
National Category
Production Engineering, Human Work Science and Ergonomics
Identifiers
URN: urn:nbn:se:kth:diva-339203DOI: 10.1007/978-3-031-28839-5_106Scopus ID: 2-s2.0-85161422252OAI: oai:DiVA.org:kth-339203DiVA, id: diva2:1809584
Conference
18th Global Conference on Sustainable Manufacturing, October 5-7, 2022, Berlin, Germany
Note

QC 20231106

Available from: 2023-11-04 Created: 2023-11-04 Last updated: 2023-12-07Bibliographically approved

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