The devil wears Prada : counterfeit in luxury goods

• Autor(a) principal: Fernandes, Rita Abrantes Leite Rodrigues
• Data de Publicação: 2018
• Tipo de documento: Dissertação
• Idioma: eng
• Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
• Texto Completo: http://hdl.handle.net/10400.14/25278
• topic: Luxury goods; Counterfeiting; Self-threat; Self-image; Moral beliefs; Produtos de luxo; Contrafação; Ameaça à identidade; Auto-imagem; Convicções morais; Domínio/Área Científica::Ciências Sociais::Economia e Gestão

All over the world, the market of luxury products has been significantly increasing. Following an almost parallel trend, the grey market of counterfeit luxury goods, has also been exponentially growing. To fight against this tendency, and to avoid losing a relevant part of their business, luxury brands need to develop new strategies. Such strategies can be directed not to fight the black market itself, but to better understand consumers’ perception of luxury items and try to change consumer perception about counterfeit goods. To try to understand consumers’ perception and to see their reaction to a threat, this thesis compiled a comprehensive online survey, where participants faced several scenarios with luxury and counterfeit goods. Besides, in half of the scenarios, participants were exposed to a self-threat. The results showed that threatened consumers tend to better accept counterfeit in luxury goods while increasing their sense of fashionable to protect their identity. However, when they were threatened their likelihood to purchase luxury perfumes surprisingly decreased. Consumers’ age influenced the likelihood to purchase a counterfeit luxury perfume in the same way as current occupation and monthly income influenced the likelihood to purchase a counterfeit luxury handbag. The results also showed that consumers that relate a high value-expressive function to genuine luxury goods, have more sensitive moral beliefs from other people buying counterfeit luxury goods. It was also concluded that consumers’ are willing to pay more for some product that may restore their self-image previously threatened.