Abstract
Purpose: This study aims to examine the impact of the three dimensions of materialism, namely, possessiveness, envy and non-generosity along with attitude on the purchase intention of sustainable luxury products. Design/methodology/approach: The research study contains a descriptive approach to research with a quantitative analysis done with exploratory and confirmatory factor analysis with 229 respondents. Findings: The findings of the results contribute to research by extending the model of the theory of planned behavior with the material dimensions as an add-on. Research limitations/implications: The same could have been extended to all major metro cities of Indian where luxury brands are present in malls. Practical implications: This shows that the consumer with a high level of materialism trait would be a very prospective segment for sustainable luxury brands. Originality/value: The study shows that the three dimensions of materialism do impact the purchase intention of sustainable luxury producers and these findings will be crucial for devising consumer behavior-based strategies for sustainable luxury brands.
| Original language | English |
|---|---|
| Pages (from-to) | 22-44 |
| Number of pages | 23 |
| Journal | Society and Business Review |
| Volume | 17 |
| Issue number | 1 |
| DOIs | |
| Publication status | Published - 27-01-2022 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 12 Responsible Consumption and Production
All Science Journal Classification (ASJC) codes
- Business and International Management
- Strategy and Management
- Organizational Behavior and Human Resource Management
- Business, Management and Accounting (miscellaneous)
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