The acculturation impact on luxury consumption motivations
English

About The Book

Luxury products represent substantial worldwide sales; major markets of luxury products are no longer limited to Western countries but have also expanded to Eastern “young generation” markets (Zhan and He 2012). With a rapidly growing economy and globalisation Chinese young consumers have become an important target for producers of luxury products. According to Wiedmann Hennings and Siebels (2009) consumption motivations are derived from values that are connected to cultural background. Nowadays because Chinese consumers are more engaged with foreign societies Western culture also produces significant influence on their preferences motivation and behaviour (Zhan and He 2012). Although there is extant research which focuses on comparing cross-cultural influences on luxury consumption motivation of Western consumers and Eastern consumers literature on luxury purchase motivation is only limited to a single country and scholars have ignored the influence of a foreign culture and acculturation on consumers (Beverland 2004).
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