Influencing Motivational Factors on Consumer Buying Behaviour of Luxury Goods: A Self-Determination Theory Perspective

Since the luxury market has experienced a great growth in the last two decades, luxury consumer research is still a field, which does not have enough research. Researchers in this field point out that luxury goods are a great way to show consumer’s status and wealth, but it includes rarely the aspir...

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Main Author: Zenginer, Melis
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2016
Subjects:
Online Access:https://eprints.nottingham.ac.uk/36696/
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author Zenginer, Melis
author_facet Zenginer, Melis
author_sort Zenginer, Melis
building Nottingham Research Data Repository
collection Online Access
description Since the luxury market has experienced a great growth in the last two decades, luxury consumer research is still a field, which does not have enough research. Researchers in this field point out that luxury goods are a great way to show consumer’s status and wealth, but it includes rarely the aspirations and intrinsic ones. In order to address this research gap this dissertation aims to identify consumers’ motivations for purchasing luxury goods. Building on Self-Determination Theory, it is investigated whether consumers’ intrinsic values lead “self-directed luxury purchase” in which consumers make a conscious choice of purchasing luxury for its timeless style over short-lived fashion and long-lasting quality over excessive quantity. Additionally, it is discussed whether extrinsic values drive a traditional, “conspicuous luxury purchase”. It is measured to find out whether self-directed or conspicuous luxury purchase leads repurchase intention. Data were collected from 205 consumers and analysed using multiple regression analysis. 205 responses revealed the critical roles that intrinsic values and extrinsic values played in luxury consumption, respectively. It is also vital to mention that self-directed luxury purchase predicted positive affect more strongly than did conspicuous luxury purchase stressing the significance of self-directed luxury purchase in creating positive emotional responses toward luxury brands, which ultimately lead to repurchase intention.
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spelling nottingham-366962017-10-16T17:10:56Z https://eprints.nottingham.ac.uk/36696/ Influencing Motivational Factors on Consumer Buying Behaviour of Luxury Goods: A Self-Determination Theory Perspective Zenginer, Melis Since the luxury market has experienced a great growth in the last two decades, luxury consumer research is still a field, which does not have enough research. Researchers in this field point out that luxury goods are a great way to show consumer’s status and wealth, but it includes rarely the aspirations and intrinsic ones. In order to address this research gap this dissertation aims to identify consumers’ motivations for purchasing luxury goods. Building on Self-Determination Theory, it is investigated whether consumers’ intrinsic values lead “self-directed luxury purchase” in which consumers make a conscious choice of purchasing luxury for its timeless style over short-lived fashion and long-lasting quality over excessive quantity. Additionally, it is discussed whether extrinsic values drive a traditional, “conspicuous luxury purchase”. It is measured to find out whether self-directed or conspicuous luxury purchase leads repurchase intention. Data were collected from 205 consumers and analysed using multiple regression analysis. 205 responses revealed the critical roles that intrinsic values and extrinsic values played in luxury consumption, respectively. It is also vital to mention that self-directed luxury purchase predicted positive affect more strongly than did conspicuous luxury purchase stressing the significance of self-directed luxury purchase in creating positive emotional responses toward luxury brands, which ultimately lead to repurchase intention. 2016-09-14 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/36696/1/MScMARKETINGDISSERTATION-Melis%20Zenginer.pdf Zenginer, Melis (2016) Influencing Motivational Factors on Consumer Buying Behaviour of Luxury Goods: A Self-Determination Theory Perspective. [Dissertation (University of Nottingham only)] Brand Management Brand Loyalty Conspicuous Luxury Behaviour Luxury Self-directed Luxury Behaviour Self-Determination Theory
spellingShingle Brand Management
Brand Loyalty
Conspicuous Luxury Behaviour
Luxury
Self-directed Luxury Behaviour
Self-Determination Theory
Zenginer, Melis
Influencing Motivational Factors on Consumer Buying Behaviour of Luxury Goods: A Self-Determination Theory Perspective
title Influencing Motivational Factors on Consumer Buying Behaviour of Luxury Goods: A Self-Determination Theory Perspective
title_full Influencing Motivational Factors on Consumer Buying Behaviour of Luxury Goods: A Self-Determination Theory Perspective
title_fullStr Influencing Motivational Factors on Consumer Buying Behaviour of Luxury Goods: A Self-Determination Theory Perspective
title_full_unstemmed Influencing Motivational Factors on Consumer Buying Behaviour of Luxury Goods: A Self-Determination Theory Perspective
title_short Influencing Motivational Factors on Consumer Buying Behaviour of Luxury Goods: A Self-Determination Theory Perspective
title_sort influencing motivational factors on consumer buying behaviour of luxury goods: a self-determination theory perspective
topic Brand Management
Brand Loyalty
Conspicuous Luxury Behaviour
Luxury
Self-directed Luxury Behaviour
Self-Determination Theory
url https://eprints.nottingham.ac.uk/36696/