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THEORY OF PLANNED BEHAVIOUR: APPLICATION OF LIMITED EDITION OF LUXURY BRANDS

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  • URLhttps://db.koreascholar.com/Article/Detail/299267
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글로벌지식마케팅경영학회 (Global Alliance of Marketing & Management Associations)
초록

Introduction
Luxury brands have been well known for its exclusivity (Daily Mail 2013). However, as more consumers own luxury brands, the idea of just owning recognizable symbol becomes insufficient. In light of this, limited edition products are produced at a relatively higher price (Arora 2013), allowing consumers to fulfill the desire for exclusivity and differentiate themselves for others (Clark, Zboja, & Goldsmith 2007).

Motivation
This proposal aims to provide a conceptual framework, as underpinned by the Theory of Planned Behaviour (TPB), to determine the purchase intention of limited edition of luxury brands. Further, supported by Social Cognitive Theory (SCT), the relationship between the personality factors and subjective norms towards attitudes on limited editions of luxury brands is also investigated. This study closes various gaps as identified by the literature (i.e. Catry 2009, Amaldoss & Jain).

Methodology
A self-administered survey instrument is designed using established scales to collect data through the “mall intercept” in downtown shopping area where luxury brands are retailed. The stimulus focuses on a specific and non-fictitious brand to increase ecological validity. Statistical techniques, namely Exploratory Factor Analysis (EFA), multiple regression, and structural equation modelling, are used to analyse the data.

Findings
Align with TPB model, attitudes, subjective norm, and perceived behavioural control positively influence the purchase intention of limited edition of luxury brands. Supporting SCT, personality traits (personal gratification, status consumption, and consumers’ need for uniqueness) were found to positively influence the attitude towards limited edition of luxury brands. Further, these findings verified the positive relationship between subjective norm and attitude.

Significance
Theoretically, this study apply TPB model in limited edition of luxury brands context. Methodologically, the use of real life consumers improved the ecological validity of the study (d’Astous and Gargouri 2001). Managerially, the results contribute in segmenting the market to profile the limited edition of luxury brands consumers.

Limitation
This study is limited within the fashion industry. Other luxury brands or product categories should also be examined. Future studies should include other contributing variables, such as value consciousness, brand image and, emotional value.

저자
  • Elaine Sutrisna(Curtin University)
  • Min Teah(Curtin University)