Engagement and Willingness to Pay for Short Form Animation Content Online
- Resource Type
- Authors
- Jake Hobbs
- Source
- The International Journal of Design Management and Professional Practice. 10:19-40
- Subject
- Urban Studies
Dilemma
Value (ethics)
Consumption (economics)
Visual Arts and Performing Arts
Willingness to pay
Architecture
Dynamic pricing
Perspective (graphical)
Economics
Advertising
Revenue stream
Animation
- Language
- ISSN
- 2325-1638
2325-162X
An understanding of engagement and value based on insight from the uses and gratifications framework shows that individual consumers have very different reasons for consuming the same media. As such each consumer will receive different meanings, consequences and levels of value from its consumption. Based on this perspective it is argued that different individuals will display a varied willingness to pay based on their level of engagement and value sought from consuming the content in question. Through the use of an online survey this study explores the differences between individuals who work or have a valued interest within animation (Insiders) and those who do not (Outsiders). The study focuses on respondents reasons and motives for consuming short form animation content to understand their level of engagement and subsequent willingness to pay. The results indicate that Insiders display a wider range of motives and gain greater value from the consumption of short form animation. Insiders also display a greater willingness to pay and willingness to pay more for such content. Therefore, results lend support to dynamic pricing models for creative works distributed online, which can capture the different levels of engagement and value perceptions of consumers. These dynamic pricing models may then go some way towards catering for both sides of what has previously been described as a "Fame vs. Fortune dilemma" and provide creators with a revenue stream that can aid future content production.