Craving vs. compulsion for luxury goods?: trends and patterns of conspicuous consumption behavior in Asian culture

The purpose of this chapter is to examine why people are motivated to engage in luxury consumption, particularly in Asian countries. Purchases of global brands are increasingly popular among affluent society not only in Western nations, but also in other parts of the world. Global brands are normall...

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Bibliographic Details
Main Authors: Wan Ismail, Wan Nurisma Ayu, Zakaria, Norhayati, Abdul Talib, Asmat Nizam
Other Authors: Christiansen, Bryan
Format: Book Section
Published: IGI Global 2016
Subjects:
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author Wan Ismail, Wan Nurisma Ayu
Zakaria, Norhayati
Abdul Talib, Asmat Nizam
author2 Christiansen, Bryan
author_facet Christiansen, Bryan
Wan Ismail, Wan Nurisma Ayu
Zakaria, Norhayati
Abdul Talib, Asmat Nizam
author_sort Wan Ismail, Wan Nurisma Ayu
collection UUM
description The purpose of this chapter is to examine why people are motivated to engage in luxury consumption, particularly in Asian countries. Purchases of global brands are increasingly popular among affluent society not only in Western nations, but also in other parts of the world. Global brands are normally associated with luxury brands from all categories of consumption goods such as cosmetics, handbags, electronic goods, cell phones and accessories, and watches among others.Previous studies have found that Western countries have clearly stated several key factors for consumers to purchase such luxury brands. Consumers in Asian markets are expected to engage in conspicuous consumption behavior to purchase global brands due to market demands and increasing income levels.Yet, such understanding is still much limited in the context of Asian consumers. Our work addresses this issue.
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institution Universiti Utara Malaysia
last_indexed 2024-07-04T06:20:21Z
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publisher IGI Global
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spelling uum-222962017-06-06T05:03:25Z https://repo.uum.edu.my/id/eprint/22296/ Craving vs. compulsion for luxury goods?: trends and patterns of conspicuous consumption behavior in Asian culture Wan Ismail, Wan Nurisma Ayu Zakaria, Norhayati Abdul Talib, Asmat Nizam HF Commerce The purpose of this chapter is to examine why people are motivated to engage in luxury consumption, particularly in Asian countries. Purchases of global brands are increasingly popular among affluent society not only in Western nations, but also in other parts of the world. Global brands are normally associated with luxury brands from all categories of consumption goods such as cosmetics, handbags, electronic goods, cell phones and accessories, and watches among others.Previous studies have found that Western countries have clearly stated several key factors for consumers to purchase such luxury brands. Consumers in Asian markets are expected to engage in conspicuous consumption behavior to purchase global brands due to market demands and increasing income levels.Yet, such understanding is still much limited in the context of Asian consumers. Our work addresses this issue. IGI Global Christiansen, Bryan Lechman, Ewa 2016 Book Section PeerReviewed Wan Ismail, Wan Nurisma Ayu and Zakaria, Norhayati and Abdul Talib, Asmat Nizam (2016) Craving vs. compulsion for luxury goods?: trends and patterns of conspicuous consumption behavior in Asian culture. In: Neuroeconomics and the Decision-Making Process. IGI Global, pp. 287-297. ISBN 9781466699892 http://doi.org/10.4018/978-1-4666-9989-2.ch015 doi:10.4018/978-1-4666-9989-2.ch015 doi:10.4018/978-1-4666-9989-2.ch015
spellingShingle HF Commerce
Wan Ismail, Wan Nurisma Ayu
Zakaria, Norhayati
Abdul Talib, Asmat Nizam
Craving vs. compulsion for luxury goods?: trends and patterns of conspicuous consumption behavior in Asian culture
title Craving vs. compulsion for luxury goods?: trends and patterns of conspicuous consumption behavior in Asian culture
title_full Craving vs. compulsion for luxury goods?: trends and patterns of conspicuous consumption behavior in Asian culture
title_fullStr Craving vs. compulsion for luxury goods?: trends and patterns of conspicuous consumption behavior in Asian culture
title_full_unstemmed Craving vs. compulsion for luxury goods?: trends and patterns of conspicuous consumption behavior in Asian culture
title_short Craving vs. compulsion for luxury goods?: trends and patterns of conspicuous consumption behavior in Asian culture
title_sort craving vs compulsion for luxury goods trends and patterns of conspicuous consumption behavior in asian culture
topic HF Commerce
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