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Price estimation for Amazon Prime video in India
There has been considerable changes in consumer sentiments toward over-the-top media services during COVID-19 Pandemic and after that. Following the changes in the consumer sentiments, marketers have repositioned there offerings aligning with the consumer willingness to pay. Accordingly, knowledge a...
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Formato: | Online Artículo Texto |
Lenguaje: | English |
Publicado: |
Palgrave Macmillan UK
2022
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Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9660146/ http://dx.doi.org/10.1057/s41272-022-00411-9 |
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author | Sar, Ashok Kumar |
author_facet | Sar, Ashok Kumar |
author_sort | Sar, Ashok Kumar |
collection | PubMed |
description | There has been considerable changes in consumer sentiments toward over-the-top media services during COVID-19 Pandemic and after that. Following the changes in the consumer sentiments, marketers have repositioned there offerings aligning with the consumer willingness to pay. Accordingly, knowledge about consumers’ willingness to pay has become vital for success of the media service firms. The purpose of the paper is to estimate the price of subscription to Amazon Prime Video in India in the emergent context by gaining insights into the consumers’ willingness to pay. “Van Westendrop Price Sensitivity Model” was used to estimate the prices. The findings suggest an optimal price point of ₹1300/- per annum with a range of acceptable price between ₹1000/- and ₹1500 per annum. The estimated prices are consistent with prevailing prices. |
format | Online Article Text |
id | pubmed-9660146 |
institution | National Center for Biotechnology Information |
language | English |
publishDate | 2022 |
publisher | Palgrave Macmillan UK |
record_format | MEDLINE/PubMed |
spelling | pubmed-96601462022-11-14 Price estimation for Amazon Prime video in India Sar, Ashok Kumar J Revenue Pricing Manag Practice Article There has been considerable changes in consumer sentiments toward over-the-top media services during COVID-19 Pandemic and after that. Following the changes in the consumer sentiments, marketers have repositioned there offerings aligning with the consumer willingness to pay. Accordingly, knowledge about consumers’ willingness to pay has become vital for success of the media service firms. The purpose of the paper is to estimate the price of subscription to Amazon Prime Video in India in the emergent context by gaining insights into the consumers’ willingness to pay. “Van Westendrop Price Sensitivity Model” was used to estimate the prices. The findings suggest an optimal price point of ₹1300/- per annum with a range of acceptable price between ₹1000/- and ₹1500 per annum. The estimated prices are consistent with prevailing prices. Palgrave Macmillan UK 2022-11-13 /pmc/articles/PMC9660146/ http://dx.doi.org/10.1057/s41272-022-00411-9 Text en © The Author(s), under exclusive licence to Springer Nature Limited 2022, Springer Nature or its licensor (e.g. a society or other partner) holds exclusive rights to this article under a publishing agreement with the author(s) or other rightsholder(s); author self-archiving of the accepted manuscript version of this article is solely governed by the terms of such publishing agreement and applicable law. This article is made available via the PMC Open Access Subset for unrestricted research re-use and secondary analysis in any form or by any means with acknowledgement of the original source. These permissions are granted for the duration of the World Health Organization (WHO) declaration of COVID-19 as a global pandemic. |
spellingShingle | Practice Article Sar, Ashok Kumar Price estimation for Amazon Prime video in India |
title | Price estimation for Amazon Prime video in India |
title_full | Price estimation for Amazon Prime video in India |
title_fullStr | Price estimation for Amazon Prime video in India |
title_full_unstemmed | Price estimation for Amazon Prime video in India |
title_short | Price estimation for Amazon Prime video in India |
title_sort | price estimation for amazon prime video in india |
topic | Practice Article |
url | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9660146/ http://dx.doi.org/10.1057/s41272-022-00411-9 |
work_keys_str_mv | AT sarashokkumar priceestimationforamazonprimevideoinindia |