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Designing Market-Shaping Customer Value Propositions in the Circular Economy: A Case Study of Reusable Packaging

Research output: Chapter in Book/Report/Conference proceedingConference article in proceedingsScientificpeer-review

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Abstract

The transformation towards a circular economy is seen as an opportunity for companies to engage in market-shaping, in which markets are seen as influenceable and malleable systems. Customer value propositions (CVPs) are critical business model devices for companies in their endeavours for change. This study explores which market elements companies aim to shape for circularity, and how companies design CVPs for shaping the market. A qualitative multiple-case study is conducted including five cases of reusable packaging business model development for fast-moving consumer goods. We identify four focus areas of designing market-shaping CVPs: (1) product ownership, (2) customer role in the value concepting process, (3) social representations and community and (4) consumption practices. The study contributes to the circular business model literature by illustrating the dynamics that is integrated in balancing between incumbent and emerging circular systems, and to the marketing literature by integrating the concepts of CVPs and the circular economy.
Original languageEnglish
Title of host publicationSustainable Design and Manufacturing
Subtitle of host publicationProceedings of the 11th International Conference on Sustainable Design and Manufacturing (KES-SDM 2024)
EditorsMark Jolly, Steffen Scholz, R J Howlett, Rossi Setchi
PublisherSpringer
Pages101-112
Number of pages12
ISBN (Electronic)978-981-96-4459-9
ISBN (Print)978-981-96-4458-2
DOIs
Publication statusPublished - 2025
MoE publication typeA4 Article in a conference publication
Event11th International Conference on Sustainable Design and Manufacturing, KES SDM-24 - Madeira, Santa Cruz
Duration: 18 Sept 202420 Sept 2024

Publication series

SeriesSmart Innovation, Systems and Technologies
Volume112
ISSN2190-3018

Conference

Conference11th International Conference on Sustainable Design and Manufacturing, KES SDM-24
CitySanta Cruz
Period18/09/2420/09/24

Keywords

  • Circular business models
  • Customer value propositions
  • Market-shaping
  • Reusable packaging

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