Strategien für den digitalen Musikmarkt: Preissetzung und Effektivität von Maßnahmen gegen Raubkopien

Peter Buxmann, Gerrit Pohl, Patrick Johnscher and Jochen Strube

Publications of Darmstadt Technical University, Institute for Business Studies (BWL) from Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute for Business Studies (BWL)

Abstract: The recording industry is currently faced with a remarkable decline in revenues and record sales. Paid music services have failed to deliver on their promise of a full-catalog, easy-to-use shopping experience so far, and file sharing platforms are still widely used for obtaining online music. In this context we conducted an empirical study via the Internet with 2.260 participants. The main results are: Neither the installation of copy protection measures nor legal actions taken against users of file sharing platforms seem to be appropriate means to increase sales of CDs and online music. Potential consumers’ willingness to pay is distinctly lower than the prices currently set by the available paid music services. Our study’s results suggest that a price cut for music downloads would lead to increased sales, thus creating benefits for both suppliers and consumers.

Date: 2005-04
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Published in Wirtschaftsinformatik 2 (2005-04) : pp. 118-125

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Persistent link: https://EconPapers.repec.org/RePEc:dar:wpaper:103197

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