Abstract

Abstract Luxury products are purchased and adorned by people to display wealth, prosperity, success, social status or merely the satisfaction of a superior product quality. The dominance of any one of these reasons for luxury goods purchase is influenced by culture. None of such study was found in Malaysia. In this study, we explored the motivations to purchase luxury brand handbags among Kuala Lumpur consumers. Unlike others, we also consider income as an added factor in perceived customers’ intentions to purchase in addition to the specific functional, experiential, symbolic, social influence; and trait of vanity dimensions. We used the self-administered questionnaires on 382 shoppers selected by the convenience sampling in major high-end shopping malls in Kuala Lumpur, Malaysia. Data was analysed for simple frequencies, factor analysis, correlation and hierarchical regression. Results indicate that functional value, vanity achievement and household income directly influence Malaysian consumers purchase intention for luxury goods. Marketing strategies to expand foreign luxury brand bags in Malaysia that incorporate these factors could have excellent chance of success.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.