Young status consumers pursuit of luxury brands: awareness, purchase, dream value and avoidance

The study aims to examine the impact of status consumption towards the awareness, purchase, dream value and avoidance of luxury brands. A self-administered questionnaire was generated and administered to a non-probability convenience sample of 389 young consumers. The findings suggest that status co...

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Bibliographic Details
Main Author: Phau, Ian
Other Authors: Nejdet Delener
Format: Conference Paper
Published: Global Business and Technology Association 2009
Online Access:http://gbata.org/wp-content/uploads/2013/06/GBATA_2009_Readings_Book.pdf
http://hdl.handle.net/20.500.11937/6381
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author Phau, Ian
author2 Nejdet Delener
author_facet Nejdet Delener
Phau, Ian
author_sort Phau, Ian
building Curtin Institutional Repository
collection Online Access
description The study aims to examine the impact of status consumption towards the awareness, purchase, dream value and avoidance of luxury brands. A self-administered questionnaire was generated and administered to a non-probability convenience sample of 389 young consumers. The findings suggest that status consumption is not a strong factor to influence consumer awareness, purchase, dream value and avoidance towards luxury brands. However, the research showed a positive relationship between awareness, purchase and dream value of luxury brands. This suggests each of these factors is closely associated with each other to establish consumer reaction to luxury brands. These findings broaden our understanding on the potential effects of status consumption and consumers‘ knowledge towards luxury brands.
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format Conference Paper
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institution Curtin University Malaysia
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last_indexed 2025-11-14T06:11:21Z
publishDate 2009
publisher Global Business and Technology Association
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spelling curtin-20.500.11937-63812022-12-09T05:23:40Z Young status consumers pursuit of luxury brands: awareness, purchase, dream value and avoidance Phau, Ian Nejdet Delener Leonora Fuxman Victor Lu Anna Putnova Luis Eduardo Rivera-Solis The study aims to examine the impact of status consumption towards the awareness, purchase, dream value and avoidance of luxury brands. A self-administered questionnaire was generated and administered to a non-probability convenience sample of 389 young consumers. The findings suggest that status consumption is not a strong factor to influence consumer awareness, purchase, dream value and avoidance towards luxury brands. However, the research showed a positive relationship between awareness, purchase and dream value of luxury brands. This suggests each of these factors is closely associated with each other to establish consumer reaction to luxury brands. These findings broaden our understanding on the potential effects of status consumption and consumers‘ knowledge towards luxury brands. 2009 Conference Paper http://hdl.handle.net/20.500.11937/6381 http://gbata.org/wp-content/uploads/2013/06/GBATA_2009_Readings_Book.pdf Global Business and Technology Association restricted
spellingShingle Phau, Ian
Young status consumers pursuit of luxury brands: awareness, purchase, dream value and avoidance
title Young status consumers pursuit of luxury brands: awareness, purchase, dream value and avoidance
title_full Young status consumers pursuit of luxury brands: awareness, purchase, dream value and avoidance
title_fullStr Young status consumers pursuit of luxury brands: awareness, purchase, dream value and avoidance
title_full_unstemmed Young status consumers pursuit of luxury brands: awareness, purchase, dream value and avoidance
title_short Young status consumers pursuit of luxury brands: awareness, purchase, dream value and avoidance
title_sort young status consumers pursuit of luxury brands: awareness, purchase, dream value and avoidance
url http://gbata.org/wp-content/uploads/2013/06/GBATA_2009_Readings_Book.pdf
http://hdl.handle.net/20.500.11937/6381