Multiplex social influence in a freemium context: Evidence from online social games
作者:
Highlights:
• Asymmetric multiplex social influence of players' spending money and spending time in freemium business models.
• Heterogeneous multiplex social influence contingent on players' characteristics, degree centrality and cluster coefficient.
• Tractable empirical model that can overcome endogeneity of social influence for estimating multiplex social influence.
• Practical advises for players management in online social game adopting freemium business model.
摘要
An increasingly popular trend in digital businesses is the adoption of the freemium model, in which premium features are provided along with free features. Because this model separates use (spending time) from purchase decisions (spending money) and people treat spending time and spending money differently, it derives two distinct types of social influence: social influence from peer spending time and peer spending money. This multiplex social influence, however, has not received sufficient attention. We investigated a popular online social game and studied how multiplex social influence jointly affects players' spending time and spending money in a digital freemium environment. We uncovered spending time has a more substantial effect on players' spending money than does spending money. The dependence between two different types of social influence provides evidence of multiplex social influence and its asymmetricity. We further tested and discovered that personal characteristics and network measures moderates multiplex social influence. Because the freemium model proliferates in many online environments, the current study enlightens the value of free users' social influence in the operations of businesses with freemium models.
论文关键词:Online social game,Freemium model,Premium features,Social networks,Social influence
论文评审过程:Received 20 January 2021, Revised 7 December 2021, Accepted 7 December 2021, Available online 13 December 2021, Version of Record 21 February 2022.
论文官网地址:https://doi.org/10.1016/j.dss.2021.113711