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Do luxury brands successfully entice consumers?: the role of bandwagon effects

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Do luxury brands successfully entice consumers? the role of bandwagon effects. / Shaikh, Shayan; Malik, Aneela; Akram, Shakaib et al.
In: International Marketing Review, Vol. 34, No. 4, 06.2017, p. 498-513.

Research output: Contribution to Journal/MagazineJournal articlepeer-review

Harvard

Shaikh, S, Malik, A, Akram, S & Chakrabarti, R 2017, 'Do luxury brands successfully entice consumers? the role of bandwagon effects', International Marketing Review, vol. 34, no. 4, pp. 498-513. https://doi.org/10.1108/IMR-09-2014-0302

APA

Shaikh, S., Malik, A., Akram, S., & Chakrabarti, R. (2017). Do luxury brands successfully entice consumers? the role of bandwagon effects. International Marketing Review, 34(4), 498-513. https://doi.org/10.1108/IMR-09-2014-0302

Vancouver

Shaikh S, Malik A, Akram S, Chakrabarti R. Do luxury brands successfully entice consumers? the role of bandwagon effects. International Marketing Review. 2017 Jun;34(4):498-513. Epub 2017 Jun 2. doi: 10.1108/IMR-09-2014-0302

Author

Shaikh, Shayan ; Malik, Aneela ; Akram, Shakaib et al. / Do luxury brands successfully entice consumers? the role of bandwagon effects. In: International Marketing Review. 2017 ; Vol. 34, No. 4. pp. 498-513.

Bibtex

@article{d15a9a105bac4ea1a3b1255934e90ecd,
title = "Do luxury brands successfully entice consumers?: the role of bandwagon effects",
abstract = "Purpose The purpose of this paper is to explore the underlying motivations for bandwagon luxury brand consumption among consumers of an emergent market by empirically investigating the effects of consumers? interdependent and independent orientations on their personality traits, such as conformity, need for uniqueness and status consumption, which in turn affect their bandwagon luxury brand consumption. Design/methodology/approach A paper-based survey method is used to collect data from more than 400 Pakistani consumers indulging in bandwagon luxury brand consumption. The model is estimated through structural equation modeling. Findings The results show that individuals? personality traits significantly affect their bandwagon luxury brand consumption. Further, the results suggest that the relationship between individuals? interdependent/independent orientation and bandwagon luxury brand consumption is partially/fully mediated by their personality traits. Research limitations/implications These findings offer insights into consumers? perceptions about bandwagon luxury brand consumption and provide useful managerial implications for the managers/marketers to build reputable luxury brands. Originality/value This research contributes to the literature by investigating the mediating role of consumers? personality traits in the relationship between their interdependent/independent orientation and bandwagon luxury brand consumption behavior. There is scant literature on bandwagon luxury brand consumption, especially in the context of collectivistic society where the proposed framework has been empirically tested.",
keywords = "Status consumption, Conformity, Need for uniqueness, Bandwagon luxury brand consumption, Independent, Interdependent",
author = "Shayan Shaikh and Aneela Malik and Shakaib Akram and Ronika Chakrabarti",
year = "2017",
month = jun,
doi = "10.1108/IMR-09-2014-0302",
language = "English",
volume = "34",
pages = "498--513",
journal = "International Marketing Review",
issn = "0265-1335",
publisher = "Emerald Group Publishing Ltd.",
number = "4",

}

RIS

TY - JOUR

T1 - Do luxury brands successfully entice consumers?

T2 - the role of bandwagon effects

AU - Shaikh, Shayan

AU - Malik, Aneela

AU - Akram, Shakaib

AU - Chakrabarti, Ronika

PY - 2017/6

Y1 - 2017/6

N2 - Purpose The purpose of this paper is to explore the underlying motivations for bandwagon luxury brand consumption among consumers of an emergent market by empirically investigating the effects of consumers? interdependent and independent orientations on their personality traits, such as conformity, need for uniqueness and status consumption, which in turn affect their bandwagon luxury brand consumption. Design/methodology/approach A paper-based survey method is used to collect data from more than 400 Pakistani consumers indulging in bandwagon luxury brand consumption. The model is estimated through structural equation modeling. Findings The results show that individuals? personality traits significantly affect their bandwagon luxury brand consumption. Further, the results suggest that the relationship between individuals? interdependent/independent orientation and bandwagon luxury brand consumption is partially/fully mediated by their personality traits. Research limitations/implications These findings offer insights into consumers? perceptions about bandwagon luxury brand consumption and provide useful managerial implications for the managers/marketers to build reputable luxury brands. Originality/value This research contributes to the literature by investigating the mediating role of consumers? personality traits in the relationship between their interdependent/independent orientation and bandwagon luxury brand consumption behavior. There is scant literature on bandwagon luxury brand consumption, especially in the context of collectivistic society where the proposed framework has been empirically tested.

AB - Purpose The purpose of this paper is to explore the underlying motivations for bandwagon luxury brand consumption among consumers of an emergent market by empirically investigating the effects of consumers? interdependent and independent orientations on their personality traits, such as conformity, need for uniqueness and status consumption, which in turn affect their bandwagon luxury brand consumption. Design/methodology/approach A paper-based survey method is used to collect data from more than 400 Pakistani consumers indulging in bandwagon luxury brand consumption. The model is estimated through structural equation modeling. Findings The results show that individuals? personality traits significantly affect their bandwagon luxury brand consumption. Further, the results suggest that the relationship between individuals? interdependent/independent orientation and bandwagon luxury brand consumption is partially/fully mediated by their personality traits. Research limitations/implications These findings offer insights into consumers? perceptions about bandwagon luxury brand consumption and provide useful managerial implications for the managers/marketers to build reputable luxury brands. Originality/value This research contributes to the literature by investigating the mediating role of consumers? personality traits in the relationship between their interdependent/independent orientation and bandwagon luxury brand consumption behavior. There is scant literature on bandwagon luxury brand consumption, especially in the context of collectivistic society where the proposed framework has been empirically tested.

KW - Status consumption

KW - Conformity

KW - Need for uniqueness

KW - Bandwagon luxury brand consumption

KW - Independent

KW - Interdependent

U2 - 10.1108/IMR-09-2014-0302

DO - 10.1108/IMR-09-2014-0302

M3 - Journal article

VL - 34

SP - 498

EP - 513

JO - International Marketing Review

JF - International Marketing Review

SN - 0265-1335

IS - 4

ER -