ESCP Europe

Langue

English

Publication year

01/03/2024

In the context of platform enterprise development, user value creation has emerged as a critical driver, given the growing engagement of users in value-creation endeavors. This study aims to establish a game-theoretic model that incorporates content creators, brands, and social media platforms, with a focus on exploring value-creation strategies and their impact on participants' revenue. The findings indicate that the selection of value creation modes is contingent upon the combined effects of content creator influence, the conversion rate of co-creator efforts, and product price. As the conversion rate of the co-creator's efforts improves, the dominance interval of value co-creation for achieving triple-win widens. Besides, adopting value co-creation proves to be profitable when content creators operate at the waist-tail level and the conversion rate of the co-creator's efforts surpasses a certain threshold. Moreover, this work provides valuable insights to content creators at various levels, aiding their selection of value-creation modes and co-creators for engaging in value-creation activities.