Abstract
This paper examines the characteristics attributed to the success of digital cameras by studying both the demand and the supply sides of the digital-camera market. A discrete choice model is employed to investigate consumer preferences over digital camera characteristics during the period 1996-1998. The empirical findings reveal that Sony's 'Easy-to-Use' storage system contributes significantly to Sony's demand advantage and profitability. Also, the welfare analysis demonstrates that 'Easy-to-Use' attributes significantly contribute to social welfare improvement.
Original language | English |
---|---|
Pages (from-to) | 171-181 |
Number of pages | 11 |
Journal | Marketing Letters |
Volume | 19 |
Issue number | 2 |
DOIs | |
Publication status | Published - Jun 2008 |
Externally published | Yes |
Keywords
- Digital camera
- Discrete choice
- Easy-to-use.Welfare analysis