The Circular Economy and Marketing: A Literature Review

Abderahman Rejeb, Karim Rejeb, John G. Keogh

Abstract


The focus on the circular economy (CE) is currently gaining momentum. In this paper, we examine how the objectives of the CE significantly overlap with those of the new generation of marketing, which emphasizes customer involvement in product design and responsible consumption. While the marketing function is essential for realizing the CE, there is still a lack of studies examining the intersection of these two critical concepts. Methodically, this paper aims to bridge this knowledge gap by conducting a systematic literature review that explains the CE-marketing nexus. In total, 45 studies were thoroughly analyzed, and findings indicate that the intersection between the CE and marketing spans four main research themes; (1) contribution of green marketing to the CE, (2) remanufacturing marketing, (3) product-service systems, and (4) neuromarketing tools. An agenda for future investigation of the CE and marketing concepts is suggested, followed by a brief conclusion. This review is valuable for scholars and managers, including those striving to have an increased understanding of the relationship between the CE and marketing.

 

How to Cite:
Rejeb, A., Rejeb, K., Keogh, J. G. (2022). The Circular Economy and Marketing: A Literature Review. Etikonomi, 21(1), 153-176. https://doi.org/10.15408/etk.v21i1.22216.


Keywords


circular economy; marketing; review; remanufacturing; sustainability

References


Aboulamer, A. (2018). Adopting a Circular Business Model Improves Market Equity Value. Thunderbird International Business Review, 60(5), 765–769.

Ackermann, L., Mugge, R., & Schoormans, J. (2018). Consumers’ Perspective on Product Care: An Exploratory Study of Motivators, Ability Factors, and Triggers. Journal of Cleaner Production, 183, 380–391. https://doi.org/10.1016/j.jclepro.2018.02.099.

Adams, R., Jeanrenaud, S., Bessant, J., Denyer, D., & Overy, P. (2016). Sustainability-Oriented Innovation: A Systematic Review. International Journal of Management Reviews, 18(2), 180–205. https://doi.org/10.1111/ijmr.12068.

Alizadeh-Basban, N., & Taleizadeh, A. A. (2020). A Hybrid Circular Economy—Game Theoretical Approach in a Dual-Channel Green Supply Chain Considering Sale’s Effort, Delivery Time, and Hybrid Remanufacturing. Journal of Cleaner Production, 250, 119521. https://doi.org/10.1016/j.jclepro.2019.119521.

Armstrong, C. M., & Lang, C. (2013). Sustainable Product Service Systems: The New Frontier in Apparel Retailing? Research Journal of Textile and Apparel, 17(1), 1–12.

Becker-Leifhold, C. V. (2018). The Role of Values in Collaborative Fashion Consumption—A Critical Investigation Through the Lenses of the Theory of Planned Behavior. Journal of Cleaner Production, 199, 781–791.

Chakrabarty, A., & Das, U. S. (2019). Green Products in India as the Commitment towards SDGs: Initiatives, Prospects and Challenges. 2019 International Conference on Energy Management for Green Environment (UEMGREEN), 1–12.

Chamberlin, L., & Boks, C. (2018). Marketing Approaches for a Circular Economy: Using Design Frameworks to Interpret Online Communications. Sustainability, 10(6), 2070.

Confente, I., Scarpi, D., & Russo, I. (2020). Marketing a New Generation of Bio-Plastics Products for a Circular Economy: The Role of Green Self-identity, Self-congruity, and Perceived Value. Journal of Business Research, 112, 431–439.

Davidson, R. J. (2004). What Does the Prefrontal Cortex “do” in Affect: Perspectives on Frontal EEG Asymmetry Research. Biological Psychology, 67(1), 219–234.

de Koeijer, B., Wever, R., & Henseler, J. (2017). Realizing Product-Packaging Combinations in Circular Systems: Shaping the Research Agenda. Packaging Technology and Science, 30(8), 443–460. https://doi.org/10.1002/pts.2219

Denyer, D., & Tranfield, D. (2009). Producing a Systematic Review. In Buchanan, D. A., & Bryman, A (Eds). The Sage Handbook of Organizational Research Methods (pp. 671–689). Sage Publications Ltd. New York.

Donner, M., Gohier, R., & de Vries, H. (2020). A New Circular Business Model Typology for Creating Value from Agro-waste. Science of the Total Environment, 716, 137065.

Donner, M., Verniquet, A., Broeze, J., Kayser, K., & De Vries, H. (2021). Critical Success and Risk Factors for Circular Business Models Valorising Agricultural Waste and by-Products. Resources, Conservation and Recycling, 165, 105236.

Drábik, P., Rehák, R., Vernerová, D., & Kukura, M. (2020). Rational Consumer in the Context of Environmental Protection. Ekonomicky Casopis, 68(10), 1081–1104. https://doi.org/10.31577/ekoncas.2020.10.06.

Ek Styvén, M., & Mariani, M. M. (2020). Understanding the Intention to Buy Secondhand Clothing on Sharing Economy Platforms: The Influence of Sustainability, Distance from the Consumption System, and Economic Motivations. Psychology & Marketing, 37(5), 724–739. https://doi.org/10.1002/mar.21334

Ferasso, M., Beliaeva, T., Kraus, S., Clauss, T., & Ribeiro‐Soriano, D. (2020). Circular Economy Business Models: the State of Research and Avenues Ahead. Business Strategy and the Environment, 29(8), 3006–3024. https://doi.org/10.1002/bse.2554.

Fogarassy, C., Nagy-Pércsi, K., Ajibade, S., Gyuricza, C., & Ymeri, P. (2020). Relations between Circular Economic “Principles” and Organic Food Purchasing Behavior in Hungary. Agronomy, 10(5), 616. https://doi.org/10.3390/agronomy10050616.

Gåvertsson, I., Milios, L., & Dalhammar, C. (2020). Quality Labelling for Re-used ICT Equipment to Support Consumer Choice in the Circular Economy. Journal of Consumer Policy, 43(2), 353-377. https://doi.org/10.1007/s10603-018-9397-9.

Govindan, K., Jiménez-Parra, B., Rubio, S., & Vicente-Molina, M.-A. (2019). Marketing Issues for Remanufactured Products. Journal of Cleaner Production, 227, 890–899. https://doi.org/10.1016/j.jclepro.2019.03.305.

Grȩbosz-Krawczyk, M., & Siuda, D. (2019). Attitudes of Young European Consumers Toward Recycling Campaigns of Textile Companies. Autex Research Journal, 19(4), 394-399. https://doi.org/10.1515/aut-2018-0057.

Gusmerotti, N. M., Testa, F., Corsini, F., Pretner, G., & Iraldo, F. (2019). Drivers and Approaches to the Circular Economy in Manufacturing Firms. Journal of Cleaner Production, 230, 314–327. https://doi.org/10.1016/j.jclepro.2019.05.044.

Holtström, J., Bjellerup, C., & Eriksson, J. (2019). Business Model Development for Sustainable Apparel Consumption: the Case of Houdini Sportswear. Journal of Strategy and Management, 12(4), 481–504. https://doi.org/10.1108/JSMA-01-2019-0015.

Hu, S., Henninger, C. E., Boardman, R., & Ryding, D. (2019). Challenging Current Fashion Business Models: Entrepreneurship Through Access-Based Consumption in the Second-Hand Luxury Garment Sector Within a Circular Economy. In Gardetti, M. A. & Muthu, S. S. (Eds.), Sustainable Luxury: Cases on Circular Economy and Entrepreneurship (pp. 39–54). Springer. Berlin.

Jaroebsathapornkul, J. (2021). Value of Food Loss in ASEAN Countries and Its Relationship with Economic Growth. International Journal of Agricultural Technology, 17(1), 115–128.

Jensen, J. P., Prendeville, S. M., Bocken, N. M. P., & Peck, D. (2019). Creating Sustainable Value through Remanufacturing: Three Industry Cases. Journal of Cleaner Production, 218, 304–314. https://doi.org/10.1016/j.jclepro.2019.01.301.

Kabel, D., Elg, M., & Sundin, E. (2021). Factors Influencing Sustainable Purchasing Behaviour of Remanufactured Robotic Lawn Mowers. Sustainability, 13(4), 1–17.

Kalverkamp, M., & Raabe, T. (2018). Automotive Remanufacturing in the Circular Economy in Europe: Marketing System Challenges. Journal of Macromarketing, 38(1), 112–130. https://doi.org/10.1177/0276146717739066

Kamble, S. S., Belhadi, A., Gunasekaran, A., Ganapathy, L., & Verma, S. (2021). A Large Multi-group Decision-making Technique for Prioritizing the Big Data-Driven Circular Economy Practices in the Automobile Component Manufacturing Industry. Technological Forecasting and Social Change, 165.

Kim, N. L., & Jin, B. E. (2020). Why Buy New When One Can Share? Exploring Collaborative Consumption Motivations for Consumer Goods. International Journal of Consumer Studies, 44(2), 122–130. https://doi.org/10.1111/ijcs.12551.

Kim, W., & Kim, B. (2020). The Critical Factors Affecting the Consumer Reselling of Limited Edition Products: A Case in the Korean Fashion Sector. Sustainability, 12(19), 8181. https://doi.org/10.3390/su12198181.

Kirchherr, J., Reike, D., & Hekkert, M. (2017). Conceptualizing the Circular Economy: An Analysis of 114 Definitions. Resources, Conservation and Recycling, 127, 221–232.

Kopnina, H. (2019). Green-washing or best case practices? Using circular economy and Cradle to Cradle case studies in business education. Journal of Cleaner Production, 219, 613–621. https://doi.org/10.1016/j.jclepro.2019.02.005.

Kotsi, F., Balakrishnan, M. S., Michael, I., & Ramsøy, T. Z. (2018). Place Branding: Aligning Multiple Stakeholder Perception of Visual and Auditory Communication Elements. Journal of Destination Marketing & Management, 7, 112–130.

Kréziak, D., Prim-Allaz, I., & Robinot, E. (2020). The Destiny of Replaced Technological Products: The Influence of Perceived Residual Value. Recherche et Applications En Marketing, 35(2), 24–47. https://doi.org/10.1177/2051570719891037.

Lang, C., & Joyner Armstrong, C. M. (2018). Collaborative consumption: The influence of fashion leadership, need for uniqueness, and materialism on female consumers’ adoption of clothing renting and swapping. Sustainable Production and Consumption, 13, 37–47. https://doi.org/10.1016/j.spc.2017.11.005

Lee, N., Broderick, A. J., & Chamberlain, L. (2007). What is ‘neuromarketing’? A discussion and agenda for future research. International Journal of Psychophysiology, 63(2), 199–204. https://doi.org/10.1016/j.ijpsycho.2006.03.007

Lee, S. H., & Huang, R. (2020). Consumer responses to online fashion renting: Exploring the role of cultural differences. International Journal of Retail & Distribution Management, 49(2), 187–203. https://doi.org/10.1108/IJRDM-04-2020-0142

Li, G., Wu, H., Sethi, S. P., & Zhang, X. (2021a). Contracting green product supply chains considering marketing efforts in the circular economy era. International Journal of Production Economics, 234. https://doi.org/10.1016/j.ijpe.2021.108041

Li, G., Wu, H., Sethi, S. P., & Zhang, X. (2021b). Contracting green product supply chains considering marketing efforts in the circular economy era. International Journal of Production Economics, 234, 108041. https://doi.org/10.1016/j.ijpe.2021.108041

Lieder, M., Asif, F. M. A., & Rashid, A. (2017). Towards Circular Economy implementation: An agent-based simulation approach for business model changes. Autonomous Agents and Multi-Agent Systems, 31(6), 1377–1402. https://doi.org/10.1007/s10458-017-9365-9

Lim, W. M. (2018). Demystifying neuromarketing. Journal of Business Research, 91, 205–220. https://doi.org/10.1016/j.jbusres.2018.05.036

Marrucci, L., Iraldo, F., & Daddi, T. (2021). Investigating the management challenges of the EU Ecolabel through multi-stakeholder surveys. International Journal of Life Cycle Assessment. https://doi.org/10.1007/s11367-021-01866-5

Martínez-Fiestas, M., Del Jesus, M. I. V., Sánchez-Fernández, J., & Montoro-Rios, F. J. (2015). A psychophysiological approach for measuring response to messaging: How consumers emotionally process green advertising. Journal of Advertising Research, 55(2), 192–205.

Maugeri, E., Gullo, E., Romano, P., Spedalieri, F., & Licciardello, A. (2017). The bioeconomy in Sicily: New green marketing strategies applied to the sustainable tourism sector. Procedia Environmental Science, Engineering and Management, 4(3), 135–142.

McCarthy, B., Kapetanaki, A. B., & Wang, P. (2019). Circular agri-food approaches: Will consumers buy novel products made from vegetable waste? Rural Society, 28(2), 91–107. https://doi.org/10.1080/10371656.2019.1656394

Menegaki, A. N. (2018). Economic aspects of cyclical implementation in Greek sustainable hospitality. International Journal of Tourism Policy, 8(4), 271–302. https://doi.org/10.1504/IJTP.2018.098896

Miao, Z. H., & Yang, C. Z. (2013). Study on the Path to Executing Eco-Engineering and Circular Economy in the Resource Enterprise. Advanced Materials Research, 734–737, 2073–2077. https://doi.org/10.4028/www.scientific.net/AMR.734-737.2073

Mondéjar-Jiménez, J.-A., Ferrari, G., Secondi, L., & Principato, L. (2016). From the table to waste: An exploratory study on behaviour towards food waste of Spanish and Italian youths. Journal of Cleaner Production, 138, 8–18. https://doi.org/10.1016/j.jclepro.2016.06.018

Mont, O. K. (2002). Clarifying the concept of product–service system. Journal of Cleaner Production, 10(3), 237–245. https://doi.org/10.1016/S0959-6526(01)00039-7

Morin, C. (2011). Neuromarketing: The New Science of Consumer Behavior. Society, 48(2), 131–135. https://doi.org/10.1007/s12115-010-9408-1

N. Bolton, R., Gustafsson, A., McColl-Kennedy, J., J. Sirianni, N., & K. Tse, D. (2014). Small Details that Make Big Differences: A Radical Approach to Consumption Experience as a Firm’s Differentiating Strategy. Journal of Service Management, 25(2), 253–274. https://doi.org/10.1108/JOSM-01-2014-0034.

Nekmahmud, M., & Fekete-Farkas, M. (2020). Why Not Green Marketing? Determinates of Consumers’ Intention to Green Purchase Decision in a New Developing Nation. Sustainability, 12(19), 7880. https://doi.org/10.3390/su12197880

Nosratabadi, S., Mosavi, A., Shamshirband, S., Zavadskas, E. K., Rakotonirainy, A., & Chau, K. W. (2019). Sustainable Business Models: A Review. Sustainability, 11(6), 1663. https://doi.org/10.3390/su11061663.

O’Rourke, D. (2014). The Science of Sustainable Supply Chains. Science, 344(6188), 1124-1127. https://doi.org/10.1126/science.1248526.

Ozanne, L. K., Stornelli, J., Luchs, M. G., Mick, D. G., Bayuk, J., Birau, M., Chugani, S., Fransen, M. L., Herziger, A., Komarova, Y., Minton, E. A., Reshadi, F., Sullivan-Mort, G., Trujillo, C., Bae, H., Kaur, T., & Zuniga, M. (2021). Enabling and Cultivating Wiser Consumption: The Roles of Marketing and Public Policy. Journal of Public Policy and Marketing, 40(2), 226-244.

Pagan, N. M., Pagan, K. M., Teixeira, A. A., de Moura Engracia Giraldi, J., Stefanelli, N. O., & de Oliveira, J. H. C. (2020). Application of Neuroscience in the Area of Sustainability: Mapping the Territory. Global Journal of Flexible Systems Management, 21, 61–77. https://doi.org/10.1007/s40171-020-00243-9.

Pisitsankkhakarn, R., & Vassanadumrongdee, S. (2020). Enhancing Purchase Intention in Circular Economy: An Empirical Evidence of Remanufactured Automotive Product in Thailand. Resources, Conservation and Recycling, 156, 104702.

Pitti, A. R., Espinoza, O., & Smith, R. (2020). The Case for Urban and Reclaimed Wood in the Circular Economy. BioResources, 15(3), 5226–5245.

Ranta, V., Keränen, J., & Aarikka-Stenroos, L. (2020). How B2B Suppliers Articulate Customer Value Propositions in the Circular Economy: Four Innovation-driven Value Creation Logics. Industrial Marketing Management, 87, 291–305.

Rejeb, A., Keogh, J. G., Leong, G. K., & Treiblmaier, H. (2021a). Potentials and Challenges of Augmented Reality Smart Glasses in Logistics and Supply Chain Management: A Systematic Literature Review. International Journal of Production Research, 59(12), 3747–3776. https://doi.org/10.1080/00207543.2021.1876942.

Rejeb, A., Rejeb, K., Simske, S., & Treiblmaier, H. (2021b). Blockchain Technologies in Logistics and Supply Chain Management: A Bibliometric Review. Logistics, 5(4), 72. https://doi.org/10.3390/logistics5040072

Rejeb, A., Rejeb, K., Zailani, S., Treiblmaier, H., & Hand, K. J. (2021c). Integrating the Internet of Things in the Halal Food Supply Chain: A Systematic Literature Review and Research Agenda. Internet of Things, 13, 100361.

Rose, M. E., & Kitchin, J. R. (2019). pybliometrics: Scriptable Bibliometrics using a Python Interface to Scopus. SoftwareX, 10, 100263.

Russo, I., Confente, I., Scarpi, D., & Hazen, B. T. (2019). From Trash to Treasure: The Impact of Consumer Perception of Bio-waste products in Closed-loop Supply Chains. Journal of Cleaner Production, 218, 966–974.

Schallehn, H., Seuring, S., Strähle, J., & Freise, M. (2019a). Customer Experience Creation for After-use Products: A Product–Service Systems-based Review. Journal of Cleaner Production, 210, 929–944. https://doi.org/10.1016/j.jclepro.2018.10.292.

Schallehn, H., Seuring, S., Strähle, J., & Freise, M. (2019b). Customer Experience Creation for After-use Products: A Product–Service Systems-Based Review. Journal of Cleaner Production, 210, 929–944. https://doi.org/10.1016/j.jclepro.2018.10.292

Schupp, H. T., Markus, J., Weike, A. I., & Hamm, A. O. (2003). Emotional Facilitation of Sensory Processing in the Visual Cortex. Psychological Science, 14(1), 7–13.

Sehnem, S. (2019). Circular Business Models: Babbling Initial Exploratory. Environmental Quality Management, 28(3), 83–96. https://doi.org/10.1002/tqem.21609.

Seuring, S., & Gold, S. (2012). Conducting Content Analysis based Literature Reviews in Supply Chain Management. Supply Chain Management: An International Journal, 17(5), 544–555. https://doi.org/10.1108/13598541211258609

Seuring, S., & Müller, M. (2008). From a Literature Review to a Conceptual Framework for Sustainable Supply Chain Management. Journal of Cleaner Production, 16(15), 1699–1710. https://doi.org/10.1016/j.jclepro.2008.04.020.

Shen, B., Liu, S., Zhang, T., & Choi, T.-M. (2019). Optimal Advertising and Pricing for New Green Products in the Circular Economy. Journal of Cleaner Production, 233, 314–327. https://doi.org/10.1016/j.jclepro.2019.06.022.

Šomplák, R., Kůdela, J., Smejkalová, V., Nevrlý, V., Pavlas, M., & Hrabec, D. (2019). Pricing and Advertising Strategies in Conceptual Waste Management Planning. Journal of Cleaner Production, 239, 118068.

Spring, M., & Araujo, L. (2017). Product Biographies in Servitization and the Circular Economy. Industrial Marketing Management, 60, 126–137.

Subramanian, R., Ferguson, M. E., & Beril Toktay, L. (2013). Remanufacturing and the Component Commonality Decision. Production and Operations Management, 22(1), 36–53. https://doi.org/10.1111/j.1937-5956.2012.01350.x.

Tranfield, D., Denyer, D., & Smart, P. (2003). Towards a Methodology for Developing Evidence-Informed Management Knowledge by Means of Systematic Review. British Journal of Management, 14(3), 207–222. https://doi.org/10.1111/1467-8551.00375.

Ulman, Y. I., Cakar, T., & Yildiz, G. (2015). Ethical Issues in Neuromarketing: “I Consume, Therefore I am!” Science and Engineering Ethics, 21(5), 1271–1284.

Vanapalli, K. R., Sharma, H. B., Ranjan, V. P., Samal, B., Bhattacharya, J., Dubey, B. K., & Goel, S. (2021). Challenges and Sstrategies for Effective Plastic Waste Management During and Post COVID-19 Pandemic. Science of the Total Environment, 750. https://doi.org/10.1016/j.scitotenv.2020.141514

Vassileva, B., & Ivanov, Y. (2017). “3G” Business Model for Marketing 4.0: Implications for Circular Economy. Journal of Emerging Trends in Marketing and Management, 1(1), 124–134.

Vogtlander, J. G., Scheepens, A. E., Bocken, N. M. P., & Peck, D. (2017). Combined Analyses of Costs, Market Value and Eco-costs in Circular Business Models: Eco-Efficient Value Creation in Remanufacturing. Journal of Remanufacturing, 7(1), 1-17. https://doi.org/10.1007/s13243-017-0031-9.

Wandosell, G., Parra-Meroño, M. C., Alcayde, A., & Baños, R. (2021). Green Packaging from Consumer and Business Perspectives. Sustainability, 13(3), 1–19.

Wang, P., & Kuah, A. T. H. (2018). Green marketing cradle-to-cradle: Remanufactured Products in Asian Markets. Thunderbird International Business Review, 60(5), 783–795.

Wang, Y., & Hazen, B. T. (2016). Consumer Product Knowledge and Intention to Purchase Remanufactured Products. International Journal of Production Economics, 181, 460–469. https://doi.org/10.1016/j.ijpe.2015.08.031.

Wieser, H. (2016). Beyond planned obsolescence: Product Lifespans and the Challenges to a Circular Economy. GAIA, 25(3), 156–160. https://doi.org/10.14512/gaia.25.3.5


Full Text: PDF

DOI: 10.15408/etk.v21i1.22216

Refbacks

  • There are currently no refbacks.




Copyright (c) 2022 Authors

Creative Commons License
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.