Marginal Willingness to Pay by Attribute (Unit: KRW).

Marginal Willingness to Pay by Attribute (Unit: KRW).

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As the over-the-top (OTT) service market continues to evolve, with new large global players entering the already crowded market, competition between various OTT services for subscribers has intensified. In this study, we aim to investigate the impact of user preference content on the selection of specific OTT services by consumers. Specifically, we...

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... we also analyzed consumers' marginal willingness to pay (MWTP), which can give economic meaning to each attribute by converting consumers' utility into monetary units. Table 4 shows the marginal willingness to pay by attribute level for the entire sample. Comparing the size of the marginal willingness to pay obtained through the conjoint analysis makes it possible to identify which attributes are considered relatively important to the respondents. ...

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... One of the most appealing features of OTT platforms compared to traditional television is the content they offer to users. Traditional television operates on a fixed programming schedule, requiring viewers to passively consume content at specific periods determined by the television station, limiting users' ability to access their desired content at any time [96]. However, OTT platforms offer users a wide range of content options, offering them greater freedom and flexibility. ...
... Similarly, another study conducted in Türkiye identified content as the most influential factor for subscribing to an OTT platform [59]. Furthermore, several studies, such as those by Kim and Lee [96] and Shin and Park [5], have shown that content significantly impacts the selection of OTT services and contributes to user satisfaction. Malewar and Bajaj [39] demonstrated that content diversity is a significant factor in adopting OTT platforms, affecting users' behavioral intentions and actual usage. ...
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