COMPARISON OF LUXURY CONSUMPTION IN USA AND VIETNAM: THE ROLE OF DESIRE FOR STATUS AND COLLECTIVISTIC AND INDIVIDUALISTIC ORIENTATIONS

2015 ◽  
Vol 3 (9) ◽  
pp. 455-460
Author(s):  
Thao Phuong Nguyen ◽  
◽  
George Balabanis
Keyword(s):  
2019 ◽  
Vol 28 (7) ◽  
pp. 800-811 ◽  
Author(s):  
Nikita Sharda ◽  
Anil Bhat

Purpose There has been substantial research on luxury globally, but there is a dearth of studies empirically investigating the key relationships affecting luxury consumption. The aim of this paper is to consider the role of consumer vanity and brand consciousness and to set their relationships in context of luxury consumption. Design/methodology/approach To measure consumer vanity, brand consciousness, attitude towards luxury brands and purchase intentions, pre-established scale items were adopted. Self-administered questionnaires were distributed through luxury exhibitions and festivals in major cities of India. A sample of n = 342 luxury consumers was analysed using structural equation modelling. Findings The findings support that brand consciousness is mediating the relationship between consumer vanity and luxury consumption. Luxury consumers are primarily driven by achievement vanity. They are likely to evaluate luxury brands based on their price, fame and their ability to portray their professional achievements. They incur unreasonable costs to acquire the expensive, famous and prestigious luxury brands and conspicuously consume them to display their success and accomplishments. Research limitations/implications The study provides an in-depth explanation of how consumer vanity is leading to consumption of luxury brands. The marketers may benefit by focussing on promotion of their brand's symbols and logos than on specific product features. Originality/value This is the first empirical examination understanding the mediating effect of brand consciousness as a mediator between consumer vanity and luxury consumption.


2021 ◽  
pp. 193896552110376
Author(s):  
Wooseok Kwon ◽  
Minwoo Lee ◽  
John T. Bowen

This study explores customers’ perceptions and underlying factors related to luxury consumption in restaurants. Although many studies have explored customers’ consumption of luxury goods, very few of these studies involved luxury hospitality services. Furthermore, hospitality literature has rarely discussed the emerging identification of inconspicuous consumption in luxury. By applying topic modeling to analyze online customer reviews, the current study identifies the essential elements of visiting luxury restaurants. Moreover, it elicits the asymmetric role of the identified factors in accelerating overall customer satisfaction or dissatisfaction through impact-asymmetry analysis, which adopts the three-factor theory. Findings suggest that many inconspicuous factors exist in luxury consumption and that the mechanisms that affect satisfaction differ among a satisfier, a dissatisfier, and a hybrid. The acknowledgment of the asymmetric effects will help practitioners in luxury restaurants enhance their understandings of customer perceptions and efficiently improve service management and marketing.


Author(s):  
Muhammed Bilgehan Aytaç

As one of the essential elements of culture, the role of religiosity in consumer behavior has long been established and number of consumer research on Muslim individuals has been increasing rapidly in recent years. With the rapid increase of the Muslim population and the developing welfare level of the Islamic countries, it is observed that Islamic luxury consumption has also become widespread too. In this chapter, it is aimed to determine the conceptual framework of Islamic luxury consumption together with current trends. Three halal concepts which are considered as include more explicit examples of Islamic luxury are chosen and analyzed: halal fashion, halal cosmetics, and halal tourism. Throughout the text and in the conclusion part, it is aimed to create insights for marketers who interested in Islamic luxury.


2020 ◽  
Vol 2020 ◽  
pp. 1468-1468
Author(s):  
Monicai Faraon ◽  
◽  
Lamberto Zollo
Keyword(s):  

2020 ◽  
Vol 1 (1) ◽  
pp. 1-14
Author(s):  
Asad Hassan

Luxury consumption is excessively done by individuals to show off their wealth and success. Thus, social media platforms are enhancing their luxury consumption desire and showing off to others. The need for status, need for uniqueness, and attitude influences in a positive way towards food porn. The purpose of this study was to understand the new concept of food porn how it affects and mediates between the different relationships of an individual's personality traits and luxury food desire. The results have shown that the new construct food porn is mediating well between the NFS and LFD, NFU and LFD, and ATT and LFD. In the future, more work can be done to develop food porn theory and further see food porn in different roles.


2019 ◽  
Vol 53 (12) ◽  
pp. 2530-2555 ◽  
Author(s):  
Stephanie Geiger-Oneto ◽  
Elizabeth A. Minton

Purpose The purpose of this paper is to explore the role of religion, morality and mindset in influencing perceptions of luxury products. Design/methodology/approach The study uses three experimental studies to investigate this relationship. Findings Study 1 shows that religiosity influences negative moral emotions (but not positive moral emotions), which then negatively influence luxury consumption and morality evaluations. Study 2 replicates the effects of Study 1 and shows that priming a moral (marketplace) mindset decreases negative moral emotions and increases luxury consumption evaluations for highly (less) religious consumers. Study 3 explains the effects found in Studies 1 and 2 as driven by moral licensing, such that priming a moral (marketplace) mindset decreases (increases) the negative moral emotions experienced by those primed (not primed) with religiosity. Study 3 also improves the external validity of findings by including a social media sample of regular luxury purchases. Implications for theory and marketing practice are discussed. Research limitations/implications The present research is limited by samples conducted in Western culture with a predominantly Western, Christian religious audience. Future research should examine how moral vs marketplace mindsets differentially influence the consumption of luxury products for Eastern religious consumers (e.g. Hindus, Buddhists and Confucianists). Additionally, this research was conducted using Allport and Ross’ (1967) religiosity measure. Some could argue that the measure is not the most representative for atheists or agnostics or is outdated, so further research would benefit from replicating and extending the findings in this paper with other, newer religiosity measures better adapted to measure all belief systems. Practical implications Marketers of luxury products should realize the potential of a new target audience – religious consumers. While religiosity is positively correlated with negative moral emotions toward luxury products in Study 1, Studies 2 and 3 reveal that priming a moral mindset can reduce negative affect and increase evaluations of luxury products. Thus, marketers could seek out ways to emphasize morality in messaging. For example, a marketer may incorporate words such as virtues, ethics and/or noble, when describing attributes of their brand in advertising, thereby resulting in a moral licensing effect. Research suggests advertising content has the potential to influence consumers’ perceived moral obligation, inclusive of the moral or immoral nature of the consumption of luxury brands. Originality/value While the link between religion and luxury goods is evident in popular culture, previous research has yet to empirically explore this relationship. This study fills this gap by investigating the role of religiosity on the perceived morality and ultimately the purchase of luxury branded goods.


2019 ◽  
Vol 18 (4) ◽  
pp. 1123-1141
Author(s):  
Sara Martucci

As the economies of production and trade have dwindled in Western cities, urban locales have had to capitalize on other opportunities for growth. Middle and upper class consumers are now sought after resources for cities and neighborhoods once supported by manufacturing. This article considers the role of local retail actors in shifting neighborhood identity towards luxury consumption. Important in this transformation is the process of theming by which business owners rely on cues from the neighborhood's identity and institutions, incorporate these cues into decisions for their own businesses, and thereby reify or change neighborhood identity. By tracing changes on shopping streets in Williamsburg, Brooklyn and Manhattan's Lower East Side, I show how retail theming interacts with neighborhood identity. Interviews with storeowners and archival retail data illuminate how choices made by entrepreneurs or coporations contribute to dramatic aesthetic changes on the street. As the neighborhood identities change, existing long–term residents and less wealthy visitors become excluded from the local shopping streets and lose ownership over neighborhoods.


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