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Trade-offs impacting consumer decision quality in the context of digital music platforms

Mini-disseration (MBA)--University of Pretoria, 2015.

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Other Authors: Chipp, Kerry
Format: Thesis
Language:English
Published: University of Pretoria 2016
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access_status_str Open Access
author2 Chipp, Kerry
author_browse Chipp, Kerry
author_facet Chipp, Kerry
collection Thesis
dc_rights_str_mv © 2016 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria.
description Mini-disseration (MBA)--University of Pretoria, 2015.
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institution University of Pretoria (South Africa)
language English
last_indexed 2026-06-10T12:39:38.583Z
license_str Other — see source repository
provenance_str_mv Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository
publishDate 2016
publishDateRange 2016
publishDateSort 2016
publisher University of Pretoria
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spelling oai:repository.up.ac.za:2263/52251 Trade-offs impacting consumer decision quality in the context of digital music platforms Chipp, Kerry ichelp@gibs.co.za Meiring, Ellena UCTD Mini-disseration (MBA)--University of Pretoria, 2015. The growth of music piracy is threatening the sustainability of the music industry in general. The major theme of the research is exploring how price versus fit and other relevant trade-offs impact online consumer decision-making. The aim is to improve understanding in how to attract consumers to legal digital music platforms to create revenue sustainably at prices consumers are willing to pay. Music as an information good has high sunk and low marginal costs. Moreover there are a plethora of consumer access options, from streaming to downloading content in both free and paid for platforms. The focus was to create and test a model built on Punj s recent but untested online decision-making model within the context of music as digital information good. It attempted to improve understanding around trade-offs impacting consumer s decision quality for acquisition of digital music. Thus the end result should improve monetisation of legal digital music distribution. Through a qualitative, explorative research design of face to face interviews with ten digital music consumers and nine music industry experts in South Africa various perspectives and opinions were scrutinised. By comparing trade-offs and factors such as economic price, search costs, product knowledge and perceived risks across downloading and streaming consumers as well as experts new insights emerged. Findings reflected that Punj s model does not hold with regards to price versus benefit and search versus price trade-offs in the context of digital music. Various trade-offs during consumer decision making in this environment are presented. A potential disconnect between consumer perspectives and expert opinions emerged, which imply a substantial lack in consumer centricity. Suggestions on attracting consumers to support legal platforms based on what consumers truly value, concluded the research. nk2016 Gordon Institute of Business Science (GIBS) MBA Unrestricted 2016-05-04T13:45:07Z 2016-05-04T13:45:07Z 2016-03-30 2015 Mini Dissertation Meiring , E 2015, Trade-offs impacting consumer decision quality in the context of digital music platforms, MBA Mini-disseration, University of Pretoria, Pretoria, viewed yymmdd <http://hdl.handle.net/2263/52251> GIBS http://hdl.handle.net/2263/52251 en © 2016 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. application/pdf University of Pretoria
spellingShingle UCTD
Trade-offs impacting consumer decision quality in the context of digital music platforms
title Trade-offs impacting consumer decision quality in the context of digital music platforms
title_full Trade-offs impacting consumer decision quality in the context of digital music platforms
title_fullStr Trade-offs impacting consumer decision quality in the context of digital music platforms
title_full_unstemmed Trade-offs impacting consumer decision quality in the context of digital music platforms
title_short Trade-offs impacting consumer decision quality in the context of digital music platforms
title_sort trade offs impacting consumer decision quality in the context of digital music platforms
topic UCTD
url http://hdl.handle.net/2263/52251