Consumer buying behavior of luxury branded good / Darel Nicol Luna Anak Agam… [et al.]

Agam, Darel Nicol Luna and Usin @ Husin, Ymma Fatzrin (2013) Consumer buying behavior of luxury branded good / Darel Nicol Luna Anak Agam… [et al.]. Masters thesis, Universiti Teknologi MARA Cawangan Sarawak.

Abstract

Consumers make many buying decisions every day decisions are the focal point of a marketer’s effort. Marketing stimuli consist of four Ps, which are product, price, place, and promotion. Consumer purchases are strongly influenced by cultural, social, personal, and
psychological characteristics (Azuma & Femie, 2003). The luxury sector targets its products and services at consumers at the top-end of the wealth spectrum (Mansharamani & Khanna, 2008). These self-selected elites are more or less price-insensitive and choose to spend their time and
money on objects that are plainly opulence rather than necessities (Mansharamani & Khanna, 2008). For these reasons, luxury and prestige brands have for centuries commanded an unwavering and often illogical customer loyalty. In general, luxury goods are highly priced products often in the niche market of goods. Individuals purchase these goods for different purposes. These could include a diamond engagement ring, a Louis Vuitton bag for self-reward, an expensive car to match the neighbor’s BMW, or a luxury brand of headband called Sereni & Shentel, a luxury product which was chosen for this research and will be further explained in the background of study.

Metadata

Item Type: Thesis (Masters)
Creators:
Creators
Email / ID Num.
Agam, Darel Nicol Luna
2011681668
Usin @ Husin, Ymma Fatzrin
2011419172
Subjects: H Social Sciences > HF Commerce > Consumer behavior. Consumers' preferences. Consumer research. Including consumer profiling
H Social Sciences > HF Commerce > Purchasing. Selling. Sales personnel. Sales executives
Divisions: Universiti Teknologi MARA, Sarawak > Kota Samarahan Campus > Faculty of Business and Management
Programme: Master of Business Administration
Keywords: Consumers,luxury and prestige brands,buying behavior
Date: July 2013
URI: https://ir.uitm.edu.my/id/eprint/37026
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