The Roles of Materialism and Status Consumption Orientation in the Purchase of NFT-Based Music Compilations

Andrea Sestino (), Gianluigi Guido () and Alessandro M. Peluso ()
Additional contact information
Andrea Sestino: University of Bari Aldo Moro
Gianluigi Guido: University of Salento
Alessandro M. Peluso: University of Salento

Chapter Chapter 5 in Non-Fungible Tokens (NFTs), 2022, pp 53-62 from Springer

Abstract: Abstract This chapter suggests the notion that, in addition to materialism (i.e., the individuals’ tendency to appreciate material possessions more than spiritual values), status consumption orientation (i.e., the individuals’ tendency to consume products that confer them a sense of prestige) could be another determinant of consumers’ intention to purchase NFT-based digital objects. Thus, it presents an empirical study that tests this notion in a music setting. While the obtained results confirmed the determinant role of materialism, they also provided preliminary evidence for a positive relationship between status consumption orientation and consumers’ intention to purchase NFT-based products.

Keywords: Music setting; NFT-based products; Materialism; Status consumption orientation; Consumers’ purchase intention (search for similar items in EconPapers)
Date: 2022
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-07203-1_5

Ordering information: This item can be ordered from
http://www.springer.com/9783031072031

DOI: 10.1007/978-3-031-07203-1_5

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().