Designing a business model for the content service of portable multimedia players

Jae Kang Lee; Jong Ha Lee; So Young Sohn

doi:10.1016/j.eswa.2008.08.013

Designing a business model for the content service of portable multimedia players

Jae Kang Lee, Jong Ha Lee, So Young Sohn

Department of Industrial Engineering

Research output: Contribution to journal › Article

6 Citations (Scopus)

Abstract

The internet music market is a new profit-making entity and is growing rapidly due to its extension into the mobile device market. Introduction of the portable multimedia player (PMP), which is the next generation of MP3-players, will influence a customer's audio and video service preference. The internet music market needs to develop a new business model (BM) for PMPs. This article examines new BMs for customer preference via a conjoint analysis. In addition, we investigate customers' willingness to pay (WTP) using a multinomial logit model. The study helps with the decision-making procedure for designing a BM adaptable to new technology development.

Original language	English
Pages (from-to)	6735-6739
Number of pages	5
Journal	Expert Systems with Applications
Volume	36
Issue number	3 PART 2
DOIs	https://doi.org/10.1016/j.eswa.2008.08.013
Publication status	Published - 2009 Jan 1

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All Science Journal Classification (ASJC) codes

Engineering(all)
Computer Science Applications
Artificial Intelligence

Cite this

Lee, J. K., Lee, J. H., & Sohn, S. Y. (2009). Designing a business model for the content service of portable multimedia players. Expert Systems with Applications, 36(3 PART 2), 6735-6739. https://doi.org/10.1016/j.eswa.2008.08.013

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Access to Document

10.1016/j.eswa.2008.08.013