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Survey results of top magnatune customers

There's an Economist by the name of Tobias Regner (http://ssrn.com/author=404730) who writes a lot about digital music and other Internet topics, and he really likes Magnatune's "pay what you want model". He wrote a famous paper about it in 2005, which is at http://papers.ssrn.com/sol3/papers.cfm?abstract_id=721596 and it got a bit of press, which is really helpful to Magnatune.

Tobias wants to do another paper on Magnatune, and asked me to send his survey to the top Magnatune customers.

I sent his survey to about 600 people, being those who have purchased 10 or more albums from Magnatune. The resuls are anonymized, and a summary of the results is visible below. About half of the questions were text fill-in, and thus couldn't be summarized, so I haven't included them below.

A few interesting details about our more-than-10-albums-purchased people surveyed:

- only 18% of them are under 30, and 42% of them are over 50
- 47% of them are not American
- Overwhelmingly male (92%)
- Not especially wealthy (51% make between $1000 and $4000 a month)
- Indicate they very much like returning favors (err.. or they probably wouldn't have filled out this survey)

-john


4. Would you say that you generally rather pay less, around the recommended price or above it?
  Response Percent Response Total
  less
14.2% 31
  around
61.6% 135
  above
28.3% 62
Total Respondents   219
(skipped this question)   5
10. What is your age?
  Response Percent Response Total
  19 years or younger
1.4% 3
  between 20 and 29
16.2% 35
  between 30 and 39
23.1% 50
  between 40 and 49
17.6% 38
  50 years or older
41.7% 90
Total Respondents   216
(skipped this question)   8
11. In which country do you live?
  Response Percent Response Total
  USA
52.8% 114
  Japan
1.9% 4
  Canada
6.5% 14
  Germany
4.2% 9
  United Kingdom
10.6% 23
  France
2.3% 5
  Other country
22.2% 48
Total Respondents   216
(skipped this question)   8
12. What is your gender?
  Response Percent Response Total
  female
7.9% 17
  male
92.1% 199
Total Respondents   216
(skipped this question)   8
13. In which range is your monthly personal income?
  Response Percent Response Total
  less than $500
7.3% 15
  between $500 and $999
2.9% 6
  between $1000 and $1999
16.1% 33
  between $2000 and $2999
17.6% 36
  between $3000 and $3999
18% 37
  between $4000 and $4999
10.7% 22
  between $5000 and $6000
8.8% 18
  more than $6000
19% 39
Total Respondents   205
(skipped this question)   19
15. Do you actively make music, for instance as a member of a band?
  Response Percent Response Total
  Yes
20.7% 44
  No
79.3% 169
Total Respondents   213
(skipped this question)   11
16. Please rank the following statement: "It is important to me what others think of me."
  Response Percent Response Total
  Very important
2.3% 5
  Quite important
24.1% 52
  Not too important
47.7% 103
  Not important
16.7% 36
  Not important at all
9.3% 20
Total Respondents   216
(skipped this question)   8
17. Are you donating to charities and if so how often?
  Response Percent Response Total
  Never
9.3% 20
  Occasionally
56.9% 123
  Frequently
34.7% 75
Total Respondents   216
(skipped this question)   8
18. If someone does something that is beneficial to you, would you be prepared to return a favor, even when this was not agreed upon in advance?
  Response Percent Response Total
  Certainly yes
44.9% 97
  Yes
35.2% 76
  Probably yes
17.1% 37
  Unsure
2.3% 5
  Probably no
0.5% 1
  No
0.5% 1
  Certainly no
  0% 0
Total Respondents   216
(skipped this question)   8
19. Do you tend to consider strongly what others believe is appropriate when you make a decision?
  Response Percent Response Total
  Certainly yes
3.3% 7
  Yes
19.5% 42
  Probably yes
24.2% 52
  Unsure
16.3% 35
  Probably no
21.4% 46
  No
12.6% 27
  Certainly no
3.3% 7
Total Respondents   215
(skipped this question)   9
20. If somebody puts me in a difficult position, I will do the same to him/her. Would this apply to you?
  Response Percent Response Total
  Certainly yes
  0% 0
  Yes
0.5% 1
  Probably yes
7.4% 16
  Unsure
20.4% 44
  Probably no
37% 80
  No
28.7% 62
  Certainly no
6.5% 14
Total Respondents   216
(skipped this question)   8

Posted by John Buckman on April 6, 2007 at 09:27 AM | Permalink

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