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Virtual goods in context: Digitalization of consumption Vili Lehdonvirta, vili.lehdonvirta@hiit.fi Helsinki Institute for Information Technology Virtual Economy Research Network
Virtual item purchase drivers Vili Lehdonvirta: "Virtual Item Sales as a Revenue Model: Identifying Attributes that Drive Purchase Decisions",  Electronic Commerce Research,  vol. 9, no. 1, pp. 97-113.  Functional attributes Hedonic attributes Social attributes Performance Visual appearance Rarity Features Sound Branding Background fiction Provenance Customizability Cultural references
Digitalization of consumption ,[object Object],[object Object],[object Object]
Digitalization of consumption in Korea
Digitalization of consumption in China
Digitalization of consumption in U.S. 66 146 228
Future prospects ,[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object]

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Virtual goods in context: digitalization of consumption

  • 1. Virtual goods in context: Digitalization of consumption Vili Lehdonvirta, vili.lehdonvirta@hiit.fi Helsinki Institute for Information Technology Virtual Economy Research Network
  • 2. Virtual item purchase drivers Vili Lehdonvirta: "Virtual Item Sales as a Revenue Model: Identifying Attributes that Drive Purchase Decisions", Electronic Commerce Research, vol. 9, no. 1, pp. 97-113. Functional attributes Hedonic attributes Social attributes Performance Visual appearance Rarity Features Sound Branding Background fiction Provenance Customizability Cultural references
  • 3.
  • 6. Digitalization of consumption in U.S. 66 146 228
  • 7.
  • 8.

Editor's Notes

  1. - researcher at HIIT, a an academic research facility in Finland that collaborates with industry to conduct research on strategic ICT issues - in my own research I collaborate with companies such as Nokia, Sulake and CCP Games to study virtual goods, currencies and economies - when started in 2004 was only Sulake with Habbo and Matt Mihaly with Iron Realms - spent two years as a visiting scholar at Waseda University, Tokyo - co-founder of VERN, member of advisory board for Live Gamer, Inc. - PhD student in Turku School of Economics, defending my dissertation next month - before joining HIIT, I worked as a programmer at one of the first casual gaming portals