KOREASCHOLAR

THE INFLUENCE OF CONSUMPTION VALUES AND SELF-CONSTRUAL ON THE PURCHASE OF (IN) CONSPICUOUS LUXURY GOODS AND SHOPPING PREFERENCES: A QUESTIONNAIRE STUDY

Karolina Dovgialo, Benjamin G. Voyer
  • LanguageENG
  • URLhttp://db.koreascholar.com/Article/Detail/325954
Global Fashion Management Conference
2017 Global Fashion Management Conference at Vienna (2017.07)
p.528
글로벌지식마케팅경영학회 (Global Alliance of Marketing & Management Associations)
Abstract

This research investigates luxury consumption preferences for different types of luxury goods (quiet vs loud) and shopping environments (online vs offline), as a function of individual motivation (bandwagon vs snob) and self-construal (independent vs interdependent), using a quantitative approach (online survey). Bandwagon-motivated consumers, as well as those with higher levels of interdependent self-construals show significant preferences for conspicuously branded luxury goods. Conversely, snobmotivated consumers show significant preferences for inconspicuously branded luxury goods. Finally, consumers displaying preferences for conspicuously branded luxury goods engage in both webrooming and showrooming behaviours, highlighting the complementary nature of online and in-store shopping. Results are discussed in the light of luxury consumption in the 21st century.

Author
  • Benjamin G. Voyer(ESCP Europe Business School/ London School of Economics & Political Science, UK)
  • Karolina Dovgialo(London School of Economics & Political Science, UK)