Business, Management and Accounting
8 years ago

Boosting Profits: Easy-to-Wear Accessories Key for Durable Goods Monopolies

Systems Engineering
Compatible Strategy of Easy-to-wear Accessories for Durable Goods Monopolist
Gao Yong-qua

Paper Summary

Related papers

Business, Management and Accounting
6 years ago

Durable goods quality degradation harms society by enticing early purchases.

Two-Sided Markets
Monetary Models
Technology Diffusion
1 view
Decision Sciences
8 years ago

Monopolist's Pricing Strategy Impacts Durability of Durable Goods and Accessories

Technology Diffusion
Retail Behavior
Two-Sided Markets
Business, Management and Accounting
8 years ago

Monopolist's optimal choice: Pure leasing strategy for durable goods with accessories

Retail Behavior
Sharing Economy

This article explores how adding easy-to-wear accessories to durable goods can increase profits for companies. The researchers found that having compatible accessories can make more money than having incompatible ones. They also discovered that making the durable goods less valuable, less durable, or less satisfying for users can encourage companies to choose compatible accessories. Additionally, increasing the number of times accessories need to be replaced can also push companies towards compatible strategies.