Version 1
: Received: 4 September 2024 / Approved: 5 September 2024 / Online: 5 September 2024 (07:21:25 CEST)
How to cite:
Redondo, I.; Serrano, D. Incentivizing SVOD Platform Subscription Intention through Tiered Discounts and Anti-piracy Messages. Preprints2024, 2024090420. https://doi.org/10.20944/preprints202409.0420.v1
Redondo, I.; Serrano, D. Incentivizing SVOD Platform Subscription Intention through Tiered Discounts and Anti-piracy Messages. Preprints 2024, 2024090420. https://doi.org/10.20944/preprints202409.0420.v1
Redondo, I.; Serrano, D. Incentivizing SVOD Platform Subscription Intention through Tiered Discounts and Anti-piracy Messages. Preprints2024, 2024090420. https://doi.org/10.20944/preprints202409.0420.v1
APA Style
Redondo, I., & Serrano, D. (2024). Incentivizing SVOD Platform Subscription Intention through Tiered Discounts and Anti-piracy Messages. Preprints. https://doi.org/10.20944/preprints202409.0420.v1
Chicago/Turabian Style
Redondo, I. and Diana Serrano. 2024 "Incentivizing SVOD Platform Subscription Intention through Tiered Discounts and Anti-piracy Messages" Preprints. https://doi.org/10.20944/preprints202409.0420.v1
Abstract
In the increasingly competitive SVOD market, platforms face high churn rates and substantial revenue losses from SVOD content piracy, all of which limit their ability to invest in acquir-ing/creating content compelling enough to win and retain subscribers. Based on social exchange theory, this study argues that platforms can improve relationships with SVOD content users by offering tiered discounts in exchange for advertising/loyalty and by promoting anti-piracy messages with a prosocial (threatening) approach that emphasizes harm to filmmakers (punishment for pi-rates). We hypothesize that these incentives enhance subscription intention when the incentive specifications (advertising levels, loyalty levels, message approach, and message credibility) match the public’s heterogeneous dispositions (advertising attitude, loyalty attitude, justice sensitivity, and fear of punishment). In a survey on the intention to subscribe to a hypothetical new platform, we confirmed the hypothesized interactions for advertising-based discounts, loyalty-based discounts, and prosocial messages, but did not find support for threatening messages. Further exploration showed that the evaluation of platform content was much more influential than any other incentive and that tiered loyalty discounts had a remarkable capacity to enhance subscription intention. This study’s findings may help shape incentives that are more satisfying to users and ultimately more profitable for platforms.
Keywords
film business; subscription video-on-demand; social exchange theory; advertising acceptance; loyalty commitment; digital piracy
Subject
Business, Economics and Management, Marketing
Copyright:
This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.