Psychological switching mechanism of consumers' luxury and non-luxury brand attitude formation: the effect of store location prestige and self-congruity.
Clicks: 270
ID: 88175
2019
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Abstract
This paper discusses the relationships between store location prestige, location self-congruity, brand luxury, and brand attitude. The result of structural equation modeling revealed that location prestige impacted ideal social location self-congruity positively contributing to consumers' luxury brand attitudes, while it impacted actual location self-congruity negatively contributing to consumers' non-luxury brand attitudes. The findings also implied that consumers switched referential self-concept when they evaluated different brands. This psychological switching mechanism of consumers' brand attitude formation suggests it difficult for a non-luxury company to raise its brand equity by acquiring a prestigious store location, referring to the luxury strategy.
| Reference Key |
kumagai2019psychologicalheliyon
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|---|---|
| Authors | Kumagai, Ken;Nagasawa, Shin'ya; |
| Journal | Heliyon |
| Year | 2019 |
| DOI |
10.1016/j.heliyon.2019.e01581
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