THE PERCEPTUAL DIFFERENCES AMONG GENERATIONAL COHORTS AND ITS IMPACT TOWARDS PURCHASE INTENTION OF PREMIUM SERVICE IN OMS PLATFORM
The Online Music Streaming (OMS) platform is one of the biggest contributors towards music industry’s revenue. However, the revenue stream of OMS platform is limited into two sources; premium service and paid advertisements. Most of the users are using the free service of the platform and they ar...
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id-itb.:610782021-09-22T22:26:34ZTHE PERCEPTUAL DIFFERENCES AMONG GENERATIONAL COHORTS AND ITS IMPACT TOWARDS PURCHASE INTENTION OF PREMIUM SERVICE IN OMS PLATFORM Aiko Andryani, Hana Indonesia Final Project Music Streaming, Digital Platform, Generational Cohorts, Consumer Perception, Purchase Intention, Partial Linear Regression INSTITUT TEKNOLOGI BANDUNG https://digilib.itb.ac.id/gdl/view/61078 The Online Music Streaming (OMS) platform is one of the biggest contributors towards music industry’s revenue. However, the revenue stream of OMS platform is limited into two sources; premium service and paid advertisements. Most of the users are using the free service of the platform and they are spread between three consecutive generations; generation X, Y, and Z. This research purpose is to (1) identify the difference in how each generation’s age and behavior affect their perceptions towards the OMS platform; (2) determining the impact of the perceptions towards their intention to purchase the premium service of OMS platform. This research involved 402 respondents from Indonesia and is analyzed using the SEM-PLS method. The results show that only generation X has different influence towards their perceptions on OMS platform. Generation Y and Z has significant influence towards their perceived usefulness, perceived enjoyment, and perceived trust. However, the perceived usefulness is the only perception that has significant impact towards their purchase intention. Meanwhile, generation X was found to have insignificant influence towards their perceived trust and none of the perceptions have a significant influence towards their purchase intention of premium service in OMS platform. Therefore, it is recommended for OMS platforms to focus on the generation Y and Z as their market and a further research on factors that affect purchase intention in digital platform specifically for generation X is suggested text |
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The Online Music Streaming (OMS) platform is one of the biggest contributors towards
music industry’s revenue. However, the revenue stream of OMS platform is limited into
two sources; premium service and paid advertisements. Most of the users are using the
free service of the platform and they are spread between three consecutive generations;
generation X, Y, and Z. This research purpose is to (1) identify the difference in how
each generation’s age and behavior affect their perceptions towards the OMS platform;
(2) determining the impact of the perceptions towards their intention to purchase the
premium service of OMS platform. This research involved 402 respondents from
Indonesia and is analyzed using the SEM-PLS method. The results show that only
generation X has different influence towards their perceptions on OMS platform.
Generation Y and Z has significant influence towards their perceived usefulness,
perceived enjoyment, and perceived trust. However, the perceived usefulness is the only
perception that has significant impact towards their purchase intention. Meanwhile,
generation X was found to have insignificant influence towards their perceived trust and
none of the perceptions have a significant influence towards their purchase intention of
premium service in OMS platform. Therefore, it is recommended for OMS platforms to
focus on the generation Y and Z as their market and a further research on factors that
affect purchase intention in digital platform specifically for generation X is suggested |
format |
Final Project |
author |
Aiko Andryani, Hana |
spellingShingle |
Aiko Andryani, Hana THE PERCEPTUAL DIFFERENCES AMONG GENERATIONAL COHORTS AND ITS IMPACT TOWARDS PURCHASE INTENTION OF PREMIUM SERVICE IN OMS PLATFORM |
author_facet |
Aiko Andryani, Hana |
author_sort |
Aiko Andryani, Hana |
title |
THE PERCEPTUAL DIFFERENCES AMONG GENERATIONAL COHORTS AND ITS IMPACT TOWARDS PURCHASE INTENTION OF PREMIUM SERVICE IN OMS PLATFORM |
title_short |
THE PERCEPTUAL DIFFERENCES AMONG GENERATIONAL COHORTS AND ITS IMPACT TOWARDS PURCHASE INTENTION OF PREMIUM SERVICE IN OMS PLATFORM |
title_full |
THE PERCEPTUAL DIFFERENCES AMONG GENERATIONAL COHORTS AND ITS IMPACT TOWARDS PURCHASE INTENTION OF PREMIUM SERVICE IN OMS PLATFORM |
title_fullStr |
THE PERCEPTUAL DIFFERENCES AMONG GENERATIONAL COHORTS AND ITS IMPACT TOWARDS PURCHASE INTENTION OF PREMIUM SERVICE IN OMS PLATFORM |
title_full_unstemmed |
THE PERCEPTUAL DIFFERENCES AMONG GENERATIONAL COHORTS AND ITS IMPACT TOWARDS PURCHASE INTENTION OF PREMIUM SERVICE IN OMS PLATFORM |
title_sort |
perceptual differences among generational cohorts and its impact towards purchase intention of premium service in oms platform |
url |
https://digilib.itb.ac.id/gdl/view/61078 |
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