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The Impact of Extrinsic Motivation on Prosumption: Digital Service Brands

In: Emerging and Evolving Business and Management Issues in Vietnam Research and Practice

Author

Listed:
  • Minh T. H. Le
  • Nhi P. P. Nguyen

Abstract

Prosumption is a proactive way of enhancing consumer–brand relationships and better meeting consumer needs. Although the prosumer concept has received considerable research attention, the number of empirical research studies on this topic is still significantly low. Based on the self-determination theory, this study developed and proposed a model exhibiting how extrinsic motivations affect prosumer behaviors. Data were collected online, and we used a structural equation model to predict the research model. Sample analysis revealed that three typical components of extrinsic motivations — a desire for financial incentives, a desire for socialization, and a sense of belonging — have significant positive effects on prosumption. Additionally, the evidence from this study emphasized the causal associations between prosumer behaviors. We also discussed the implications of the study findings for practice and research, along with limitations and future research directions. The chapter contributes to the prosumption literature and provides comprehensive insights to brand managers who desire to improve their digital service strategies.

Suggested Citation

  • Minh T. H. Le & Nhi P. P. Nguyen, 2024. "The Impact of Extrinsic Motivation on Prosumption: Digital Service Brands," World Scientific Book Chapters, in: Hoai Trong Nguyen & Thanh Dinh Su & Toan Luu Duc Huynh & Angelina Nhat-Hanh Le (ed.), Emerging and Evolving Business and Management Issues in Vietnam Research and Practice, chapter 5, pages 137-158, World Scientific Publishing Co. Pte. Ltd..
  • Handle: RePEc:wsi:wschap:9789811286100_0005
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    Keywords

    Strategic Management; Environmental Uncertainty; Digital Marketing; Marketing and Digital Shift; Cultural Intelligence; Quality Measurement; Prosumption; Transitional Economy; IoT Adoption; Market Orientation; Social Investment; Productivity Growth; Fintech; New Managerialism; Financial Literacy; Digital Literacy; Personal Financial Management; Digital Financial Services; Vietnam;
    All these keywords.

    JEL classification:

    • M1 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration
    • M11 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Production Management
    • M16 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - International Business Administration
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • F44 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - International Business Cycles
    • M31 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Marketing and Advertising - - - Marketing

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