Determinants of replacement purchase of sport watches

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Volume Title

School of Business | Master's thesis
Ask about the availability of the thesis by sending email to the Aalto University Learning Centre oppimiskeskus@aalto.fi

Authors

Date

2016

Department

Taloustieteen laitos
Department of Economics

Major/Subject

Kansantaloustiede
Economics

Mcode

Degree programme

Language

en

Pages

72

Series

Abstract

Research objectives The purpose of this master thesis is to study the timing and the determinants affecting the replacement purchase of consumer durables. Additionally, the aim is to examine if these determinants can be generalized in the field of sport goods. Methodology The thesis consists of a literature review and the empirical part concentrates on examining the ownership duration of sport watches and the determinants affecting the replacement purchase of the second sport watch. The empirical findings are presented by applying a duration model and a competing risks model to a dataset of 2729 sport watch users during 2012 to 2015. Research findings The main findings of the thesis are that women, younger people, product attributes and the high frequent use of the sport watch induce the replacement purchase of the second sport watch. The determinants of the analysis are in some extent consistent with the replacement patterns predicted previously in the literature.

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Keywords

replacement of durables, replacement purchase, duration model, sport watches

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Citation

Permanent link to this item

https://urn.fi/URN:NBN:fi:aalto-201801181122

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[gradu] Kauppakorkeakoulu / BIZ