Artikel

Measuring consumers’ dominant value perceptions to determine their purchase intention of luxury fashion consumption

This research aims to determine the Chinese millennials' dominant value perception on their purchase intention of luxury fashion goods. A survey was used to analyse the importance of luxury values such as quality, uniqueness, self-expression, prestige, and brand image when purchasing luxury fashion handbags. Analytical hierarchy process (AHP) was performed to measure the priority of the values. The results indicate that self-expression (e.g. of self-image and aesthetic beauty) is the most dominant value for Chinese millennial participants when purchasing luxury fashion handbags, whereas the prestige value (i.e. the conspicuous presentation of a social identity) has less influence on their purchase intention. This research provides new insight into consumers' luxury value perceptions, consumers' luxury value priorities, and the influence of luxury values on consumers' purchase intention toward a luxury good. This study contributes to luxury fashion businesses and product developers a better understanding of the Chinese millennial consumers' luxury values, which can contribute to product design development and marketing strategies. This study's results were limited to five luxury values, and further research can draw additional results by evaluating other relevant values.

Sprache
Englisch

Erschienen in
Journal: Cogent Business & Management ; ISSN: 2331-1975 ; Volume: 10 ; Year: 2023 ; Issue: 3 ; Pages: 1-17

Klassifikation
Management
Thema
analytic hierarchy process
Chinese millennials
consumer behaviour
consumers' luxury value perceptions
luxury fashion
purchase intention

Ereignis
Geistige Schöpfung
(wer)
Liu, Tong (Tripp)
Rodriguez, Carolina Quintero
Huang, Wen-Chieh (Melody)
Ereignis
Veröffentlichung
(wer)
Taylor & Francis
(wo)
Abingdon
(wann)
2023

DOI
doi:10.1080/23311975.2023.2272374
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Artikel

Beteiligte

  • Liu, Tong (Tripp)
  • Rodriguez, Carolina Quintero
  • Huang, Wen-Chieh (Melody)
  • Taylor & Francis

Entstanden

  • 2023

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