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Effect of Aftermarket on Pricing Strategy KCI 등재

후속시장이 가격결정에 미치는 영향 분석

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한국산업경영시스템학회지 (Journal of Society of Korea Industrial and Systems Engineering)
한국산업경영시스템학회 (Society of Korea Industrial and Systems Engineering)
초록

Aftermarket refers to a market in which a company sells complementary goods, replacements of parts, and upgrade or maintenance services to consumers after selling them main durable goods. Intuitively, consumers who purchase main durable goods become major potential customers in subsequent aftermarket. Thus the existence of the aftermarket has a significant impact on pricing of the main durable goods as well as the aftermarket products. In this study, we analyze the effect of aftermarket on the pricing strategy for a company selling both main durable goods and aftermarket products. To do this we first divided the market into markets where the aftermarket products are indispensable and optional. Based on the proposed market types, the profit maximizing solutions are derived using two-period model, and the impacts of consumers’ undervaluation of aftermarket product prices on pricing strategy are analyzed. The results can be summarized as follows : (1) Regardless of the market type, the total profits were found to be inversely proportional to the consumer’s awareness accuracy of product prices in the aftermarket. This is in line with marketing efforts that sales companies have made intuitively to make consumers underestimate the cost of the aftermarket. (2) If aftermarket product is indispensable, only revenue from the aftermarket is sought. On the other hand, if aftermarket product is optional, revenue from the main durable good as well as the aftermarket product will be sought simultaneously. (3) Moreover, when aftermarket product is optional, the lower the awareness accuracy of consumers, the higher the price and profit of the main durable goods, while the lower the price and profit of the aftermarket products. This is contrary to the intuition that the lower the consumer's valuation of the costs of aftermarket, the more advantageous it would be to rely on aftermarket products rather than on main durable goods.

목차
1. 서 론
2. 수요함수
3. 2기간(Two-Period) 시장모형
    3.1 후속시장 제품이 필수적인 시장
    3.2 후속시장 제품이 선택적인 시장
4. 최적가격
    4.1 후속시장 제품이 필수적인 시장
    4.2 후속시장 제품이 선택적인 시장
5. 최적해 분석
    5.1 가격분석
    5.2 수요(판매량)분석
    5.3 수익 분석
6. 결론 및 추후연구방향
References
저자
  • Hyung-Rae Cho(경상대학교 공과대학 산업시스템공학부/공학연구원) | 조형래
  • Minho Rhee(경상대학교 공과대학 산업시스템공학부/공학연구원) | 이민호 Corresponding Author