Exploring Viral Phenomenon Methodology for Tangible Purchased Products: Case of iPod and iPad

Boppolige, AA and Gurtoo, A (2020) Exploring Viral Phenomenon Methodology for Tangible Purchased Products: Case of iPod and iPad. In: IEEE Transactions on Engineering Management, 67 (2). pp. 283-294.

PDF Tra_Eng_Man_67_2_283-294_2020.pdf - Published Version Restricted to Registered users only Download (2MB) | Request a copy

Abstract

Viral phenomenon refers to a special case of maximum market penetration at a rapid growth rate, within a short duration of time and at a low advertising cost. The shrinking product lifecycles and multitude of competing products emphasize the need for measurement of viral success. Current studies focus on a single measure and for only freely available online information. This paper develops a multimeasure viral phenomenon measurement methodology and empirically measures the robustness for tangible products (purchased with monetary value). The viral phenomenon factors of product performance and rate of growth are developed, taking four measures of virality, namely spikes, peak, magnitude, and exponential growth. Two products under the umbrella of Apple, namely iPod and iPad, are studied, using sales data and the related buzz created in social mediums like Twitter. The methodology successfully differentiates a genuine viral from a case of hype or popularity. New insights into iPod and iPad technology trajectory emerge as well. © 1988-2012 IEEE.

Item Type:	Journal Article
Publication:	IEEE Transactions on Engineering Management
Publisher:	Institute of Electrical and Electronics Engineers Inc.
Additional Information:	The copyright for this article belongs to Institute of Electrical and Electronics Engineers Inc.
Keywords:	Commerce; Electric current measurement; Hand held computers; Sales; Time measurement, Atmospheric model; iPad; iPod; methodology; Portable Media Player; Social network services; Tablet computer; Videos; Viral marketing; viral phenomenon; viral products, Life cycle
Department/Centre:	Division of Interdisciplinary Sciences > Management Studies
Date Deposited:	06 Feb 2023 09:31
Last Modified:	06 Feb 2023 09:31
URI:	https://eprints.iisc.ac.in/id/eprint/79918

Actions (login required)

View Item