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The pursuit of splendour: a recipe of psychological motivations driving conspicuous luxury consumption

Xiaoyu Zhang (UCSI Graduate Business School, UCSI University, Kuala Lumpur, Malaysia)
Eugene Cheng-Xi Aw (Centre for Business Informatics and Industrial Management, UCSI Graduate Business School, UCSI University, Kuala Lumpur, Malaysia) (Department of Business Administration, IQRA University, Karachi, Pakistan)
Garry Wei-Han Tan (Centre for Business Informatics and Industrial Management, UCSI Graduate Business School, UCSI University, Kuala Lumpur, Malaysia) (Department of Business Administration, IQRA University, Karachi, Pakistan) (Swinburne University of Technology – Sarawak Campus, Kuching, Malaysia)
Keng-Boon Ooi (Centre for Business Informatics and Industrial Management, UCSI Graduate Business School, UCSI University, Kuala Lumpur, Malaysia) (FORE School of Management, New Delhi, India) (Swinburne University of Technology – Sarawak Campus, Kuching, Malaysia)

International Journal of Retail & Distribution Management

ISSN: 0959-0552

Article publication date: 21 May 2024

Issue publication date: 4 June 2024

222

Abstract

Purpose

The purpose of the present study is to examine and validate a research model encompassing power distance belief, need for uniqueness, self-monitoring, self-construal, social adjustive attitude, and value-expressive attitude as the causal antecedents for conspicuous luxury consumption.

Design/methodology/approach

Survey data was collected from a large consumer panel. The study applied a combinatory partial least squares structural equation modelling (PLS-SEM) and fuzzy-set qualitative comparative analysis (fsQCA) approach in examining the research hypotheses and proposition.

Findings

The results indicated the effects of power distance belief, need for uniqueness, self-monitoring, and self-construal on social adjustive attitude and value-expressive attitude, which in turn determine conspicuous luxury consumption. In addition, the fsQCA findings revealed three configurations that articulate the complex interactions of the causal antecedents.

Originality/value

This study enriches the literature by providing a comprehensive understanding of the psychological motivation factors that drive conspicuous luxury consumption and assists luxury retailers in developing targeted strategies to appeal to consumers.

Keywords

Citation

Zhang, X., Aw, E.C.-X., Wei-Han Tan, G. and Ooi, K.-B. (2024), "The pursuit of splendour: a recipe of psychological motivations driving conspicuous luxury consumption", International Journal of Retail & Distribution Management, Vol. 52 No. 5, pp. 565-579. https://doi.org/10.1108/IJRDM-06-2023-0375

Publisher

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Emerald Publishing Limited

Copyright © 2024, Emerald Publishing Limited

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