CONSUMER MOTIVATIONS OF INDIAN YOUTH TO PURCHASE LUXURY BRANDS

The concept of luxury is not new in India it has been prevalent since the ancient times of maharajas, royalties and the elite classes of India who consumed luxury products throughout history. It is only in the last few decades that India has went through a dynamic economic growth this resulted in th...

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Main Author: KAPOOR, RIYA
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2017
Subjects:
Online Access:https://eprints.nottingham.ac.uk/46273/
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author KAPOOR, RIYA
author_facet KAPOOR, RIYA
author_sort KAPOOR, RIYA
building Nottingham Research Data Repository
collection Online Access
description The concept of luxury is not new in India it has been prevalent since the ancient times of maharajas, royalties and the elite classes of India who consumed luxury products throughout history. It is only in the last few decades that India has went through a dynamic economic growth this resulted in the rise of its middle class increasing their disposable income which has led to the consumption of luxury by the masses, this along with India’s massive young population has put the country on the global map of the luxury consumption market. This qualitative research studies the motivations of young Indian consumers to purchase luxury brands and what are the factors that determine the consumer behaviour of luxury brands purchase in the context of the Indian consumer sensibility. This study has explored the body of luxury literature that is focused on Western as well as the Indian consumers and has been able to present some of the similarities and differences between the Western consumers and their Indian counterparts. The findings have revealed that Product and Brand Efficacy, Appraising Interpersonal Influence, Apprehended Personal Influence, Social Class Representation and Aspirational Group Behaviour Duplication are the five basic factors that motivates the Indian consumers in their social and cultural context to purchase luxury brands.
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spelling nottingham-462732020-05-08T09:02:04Z https://eprints.nottingham.ac.uk/46273/ CONSUMER MOTIVATIONS OF INDIAN YOUTH TO PURCHASE LUXURY BRANDS KAPOOR, RIYA The concept of luxury is not new in India it has been prevalent since the ancient times of maharajas, royalties and the elite classes of India who consumed luxury products throughout history. It is only in the last few decades that India has went through a dynamic economic growth this resulted in the rise of its middle class increasing their disposable income which has led to the consumption of luxury by the masses, this along with India’s massive young population has put the country on the global map of the luxury consumption market. This qualitative research studies the motivations of young Indian consumers to purchase luxury brands and what are the factors that determine the consumer behaviour of luxury brands purchase in the context of the Indian consumer sensibility. This study has explored the body of luxury literature that is focused on Western as well as the Indian consumers and has been able to present some of the similarities and differences between the Western consumers and their Indian counterparts. The findings have revealed that Product and Brand Efficacy, Appraising Interpersonal Influence, Apprehended Personal Influence, Social Class Representation and Aspirational Group Behaviour Duplication are the five basic factors that motivates the Indian consumers in their social and cultural context to purchase luxury brands. 2017-09-14 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/46273/1/Dissertation%20Final%20Draft%20.pdf KAPOOR, RIYA (2017) CONSUMER MOTIVATIONS OF INDIAN YOUTH TO PURCHASE LUXURY BRANDS. [Dissertation (University of Nottingham only)] luxury brands consumers
spellingShingle luxury brands consumers
KAPOOR, RIYA
CONSUMER MOTIVATIONS OF INDIAN YOUTH TO PURCHASE LUXURY BRANDS
title CONSUMER MOTIVATIONS OF INDIAN YOUTH TO PURCHASE LUXURY BRANDS
title_full CONSUMER MOTIVATIONS OF INDIAN YOUTH TO PURCHASE LUXURY BRANDS
title_fullStr CONSUMER MOTIVATIONS OF INDIAN YOUTH TO PURCHASE LUXURY BRANDS
title_full_unstemmed CONSUMER MOTIVATIONS OF INDIAN YOUTH TO PURCHASE LUXURY BRANDS
title_short CONSUMER MOTIVATIONS OF INDIAN YOUTH TO PURCHASE LUXURY BRANDS
title_sort consumer motivations of indian youth to purchase luxury brands
topic luxury brands consumers
url https://eprints.nottingham.ac.uk/46273/