Motivations For Chinese And Indian Consumers To Buy Luxury Brands
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| Author | : Glyn Atwal |
| Publisher | : Springer |
| Total Pages | : 263 |
| Release | : 2017-06-27 |
| Genre | : Business & Economics |
| ISBN | : 1137547154 |
This book provides an analysis of the luxury industry in two of the world’s biggest and evolving markets, and identifies and discusses the key issues and dynamics in transforming their luxury landscapes. By discussing the elements that are most likely to dominate boardroom agendas, the pragmatic implications for both strategic and marketing planning are made clear. Special emphasis is placed upon well-contemplated responses to luxury brand marketing challenges that executives are likely to face as they push their brands to adapt and thrive in these shifting markets.
| Author | : Laura Helena Hartmann |
| Publisher | : Cuvillier Verlag |
| Total Pages | : 284 |
| Release | : 2015-07-10 |
| Genre | : Science |
| ISBN | : 3736980388 |
This dissertation is devoted to attitudes of consumers toward luxury in two agricultural markets, horse sports and foods. Literature postulates a change of perceived luxury definitions and motives for luxury consumption. Accordingly, personally-oriented luxury consumption has gained significance while socially-oriented motives have been pushed into the background. Based on this, the following studies were aimed to reveal how far it has affected the consumer behavior in both agricultural markets. The research results are used to define the target groups for different kinds of luxury marketing and to give recommendations for the design of accordant marketing strategies. The studies provide empirical evidence for the existence of a shift of motives for luxury consumption and luxury definitions away from prestige and conspicuousness toward self-realization, hedonism, intangible values, functionality, sustainability and authenticity. Moreover, the results imply that luxury consumption can be categorized in tangible luxury goods and luxury experience. Despite intersections by means of hedonism and self-realization, the studies revealed differences in the consumption motives for both categories of luxury.
| Author | : Sandeep Bhanot |
| Publisher | : Archers & Elevators Publishing House |
| Total Pages | : |
| Release | : |
| Genre | : Antiques & Collectibles |
| ISBN | : 9388805771 |
| Author | : Felicitas Morhart |
| Publisher | : Edward Elgar Publishing |
| Total Pages | : 365 |
| Release | : 2020-04-24 |
| Genre | : Business & Economics |
| ISBN | : 1786436353 |
Unique and timely, this Research Handbook on Luxury Branding explores and takes stock of the current body of knowledge on luxury branding, as well as offering direction for future research and management in the field. Featuring contributions from an international team of top-level researchers, this Handbook offers analysis and discussion of the profound socioeconomic, psychological, technological and political changes that are affecting the luxury industry, and that will continue to shape its future.
| Author | : Radha Chadha |
| Publisher | : Nicholas Brealey International |
| Total Pages | : 320 |
| Release | : 2010-12-07 |
| Genre | : Business & Economics |
| ISBN | : 1904838294 |
The first book to explore how and why an amazing "luxeplosion" is rocking Asia.
| Author | : Michel Chevalier |
| Publisher | : John Wiley & Sons |
| Total Pages | : 273 |
| Release | : 2011-09-02 |
| Genre | : Business & Economics |
| ISBN | : 1118181549 |
A guide to reaching and profiting from China's expanding luxury consumer class China's growing consumer base and expanding economy means more disposable income for more Chinese citizens. The Chinese market for luxury goods is expected to expand from $2 billion this year to nearly $12 billion by 2015. Today's biggest global luxury goods retailers expect China to make up a large and ever growing portion of their customers, and those businesses are responding with new stores and investments in China. Luxury China gives readers–particularly professionals in advertising, marketing, and the luxury brands industry–a deep look into the future of the Chinese luxury goods market and shows them how to tap into China's tremendous market potential.
| Author | : Pierre Xiao Lu |
| Publisher | : Routledge |
| Total Pages | : 251 |
| Release | : 2021-11-21 |
| Genre | : Business & Economics |
| ISBN | : 0429873964 |
This book looks at luxury brand management and strategy from theory to practice and presents new theoretical models and solutions for how to create and develop a worldwide luxury brand in the twenty-first century. The book gives an overview of how a luxury brand is created through the understanding and application of economic rules and through firms adopting new management models across multiple business dimensions. It also explains the application of theories and models and illustrates specific issues through case studies drawn from international markets such as China and France. The Chinese cases provide unique opportunities and insights into how these new luxury brands were created and how they have benefited from the international market over time. From the international brand management perspective, this book is a useful reference for anyone who wants to learn more about luxury brand management and to better understand how the international market has evolved and how products may change the rules of the game.
| Author | : Mosca, Fabrizio |
| Publisher | : IGI Global |
| Total Pages | : 354 |
| Release | : 2016-03-31 |
| Genre | : Business & Economics |
| ISBN | : 1466699590 |
Vast markets for high-symbolic-value goods serve as an expansive worldwide arena where luxury brands and products compete for consumer attention. As global luxury markets have grown and continue to grow, uncovering successful methods for maintaining brand image and consumer desire is critical to the success of high-end brands. Global Marketing Strategies for the Promotion of Luxury Goods explores the latest promotional trends, business models, and challenges within the luxury goods market. Focusing on strategies for achieving competitive advantage, new market development, as well as the role of the media in luxury brand building, this timely reference publication is designed for use by business professionals, researchers, and graduate-level students.
| Author | : Klaus-Peter Wiedmann |
| Publisher | : Springer Science & Business Media |
| Total Pages | : 387 |
| Release | : 2012-11-10 |
| Genre | : Business & Economics |
| ISBN | : 3834943991 |
The luxury market has transformed from its traditional conspicuous consumption model to a new experiential luxury sensibility that is marked by a change in how consumers define luxury. In a global context, it is crucial to understand why consumers buy luxury, what they believe luxury is, and how their perception of luxury value impacts their buying behavior. This handbook aims to provide a holistic approach to luxury marketing with respect to the characteristics and the key challenges and opportunities of luxury brand management. Therefore, the multifaceted contributions by authors from different parts of the world will offer both a research and management perspective of luxury marketing and deliver a concentrated body of knowledge with contributions from diverse elements.
| Author | : Pierre Xiao Lu |
| Publisher | : John Wiley & Sons |
| Total Pages | : 203 |
| Release | : 2011-12-27 |
| Genre | : Business & Economics |
| ISBN | : 1118179218 |
A ground-breaking exploration of the Chinese elite's consumption of luxury products and their attitudes toward luxury goods. Elite China identifies the Chinese luxury product consumers and the characteristics of their luxury consumption, explains the implications for luxury firms and marketers and most importantly, spells out strategies for international luxury brands and Chinese luxury brands to succeed in Chinese market.
