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Why do Chinese consumers buy high end but low key goods: A study in Macau
Lei, K.; Liu, T. C.
2017-05-01
Source PublicationProceedings of Mystique of Luxury Brands Conference 2017
Publication PlacePerth
PublisherCurtin University
AbstractChinese consumers are changing their buying preferences (e.g. from high profile brands to low profile brands) and behaviors in terms of buying luxury goods. This study investigates brand prominence toward Chinese consumers’ perception and purchase intention with samples from Macau, which records highest GDP per capita in China. Consequently, the result demonstrates Chinese consumers’ preference changes with effect of brand conspicuousness in the last decade. In addition, the study develops a Consumer Preference Transformation Model (CPTM) to predict their buying preferences by driving both practical experiences and empirical evidences from both customers from Mainland China with purchase power and senior managerial in the industry in Macau.
KeywordLuxury goods conspicuous consumption brand prominence brand conspicuousness China
URLView the original
Language英語English
The Source to ArticlePB_Publication
PUB ID30068
Document TypeConference paper
CollectionCENTRE FOR CONTINUING EDUCATION
Corresponding AuthorLiu, T. C.
Recommended Citation
GB/T 7714
Lei, K.,Liu, T. C.. Why do Chinese consumers buy high end but low key goods: A study in Macau[C], Perth:Curtin University, 2017.
APA Lei, K.., & Liu, T. C. (2017). Why do Chinese consumers buy high end but low key goods: A study in Macau. Proceedings of Mystique of Luxury Brands Conference 2017.
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