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This chapter explores the luxury consumer decision process, highlighting the psychological, social, and cultural factors that influence luxury purchases. Consumers are driven by emotional and social motivations, such as self-expression and status, which shape their buying behaviors.
Ranjit Singha +4 more
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Ranjit Singha +4 more
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Ecotourism as form of luxury consumption
2021The growing availability of luxury ecotourism experiences requires closer scientific scrutiny and understanding of the phenomenon. This small but lucrative market segment is often questioned as a suitable form of ecotourism. Recent literature is presented with respect to the general concept of luxury in tourism and hospitality and then several aspects ...
Volo S, D'Acunto D
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The Dark Side of Luxury: Social Costs of Luxury Consumption
Personality and Social Psychology Bulletin, 2018Extant research demonstrates that luxury goods are beneficial signals that bestow upon individuals social benefits that range from positive evaluations to compliance. In contrast to this perspective, the current work explores the idea that luxury goods can carry significant negative social costs for actors.
Christopher Cannon, Derek D. Rucker
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Luxury Consumption and Consumption of Luxury Goods
2017It is acknowledged that luxury is not inherent solely in product characteristics, but comes into existence through consumption. This chapter discusses how the essence of luxury is captured from a consumption perspective. Turunen points out the importance of social symbolic meanings and highlights aspects of the previous literature relating to the ...
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Luxury Consumption and Sustainability
2017In Chap. 3, we outlined the general idea advanced in this book whereby in contrast with prevalent research studies suggesting that consumers mostly associate luxury with unsustainability (e.g., Bechkam and Voyer 2014; Kapferer and Michaut 2014; Torelli et al.
Cesare Amatulli +3 more
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Journal of Fashion Marketing and Management, 2015
Purpose– The literature contains relatively little prescriptive guidance for establishing supply chain strategies in the luxury fashion marketplace. The focus has been on fashion rather than luxury fashion and the purpose of this paper is to identify and explore the critical supply chain success factors to consider when entering the Chinese luxury ...
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Purpose– The literature contains relatively little prescriptive guidance for establishing supply chain strategies in the luxury fashion marketplace. The focus has been on fashion rather than luxury fashion and the purpose of this paper is to identify and explore the critical supply chain success factors to consider when entering the Chinese luxury ...
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Biometrics in luxury consumption
2023Even though there is considerable prior research on luxury consumer behaviour, most studies rely on the results of self-based measures (e.g., questionnaires and focus groups). Self-report measures have been seen to fail to report the real emotional implications of luxury consumers when exposed to luxury stimuli.
Gasula Tortajada, Elena +2 more
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Behavioral Explanations of Luxury Consumption
2020Hasso Spode takes the reader on a journey through time to define luxury. He describes how this term has changed over the centuries and how, especially in the period after the world wars, the understanding of luxury has become more democratic, but even today luxury is still understood as a scarce good, although the definition of what is scarce has ...
Hasso Spode +4 more
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Living Standards: Luxury Consumption
1983Even today’s poor American has easy access to amenities (personal transportation, personal entertainment, temperature control, plumbing, health and beauty aids, synthetic fabrics, and so forth.) outside the reach of the wealthiest individuals of past centuries.1 After studying sixteenth-seventeenth-century-C.E.
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Patterns of Consumption: Luxuries
1981Despite increased expenditure on rents, food and clothing, the actual money surplus left in a family’s budget increased steadily from 1850 to 1914. Again taking W. A. Mackenzie’s model budgets as a starting point, after paying for food, rent, fuel and clothing her lowest decile family had 10¾d per week left for ‘sundries’ in 1860, 1s 8¾d in 1880 and 1s
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