The impact of luxury values and luxury marketing factors on generation y's behavioural intentions

• Autor(a) principal: Carvalho, Raquel Maia Rebelo Varandas de
• Data de Publicação: 2014
• Tipo de documento: Dissertação
• Idioma: eng
• Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
• Texto Completo: http://hdl.handle.net/10071/8473
• topic: Luxury values; Theory of planned behaviour; Luxury marketing; Generation Y.; Valores de luxo; Teoria do comportamento planeado; Marketing de luxo; Geração Y.

The present dissertation is based on a research about luxury values, human behaviour, marketing strategies and buying intentions in the luxury market. Moreover, it focuses on the generation Y, individuals born between 1977 and 1995, because they are already an important segment in today’s market, and are becoming even more important due to their large size, their current significant amount of spending power and their potential for huge amounts of future spending power. This dissertation establishes a connection between the Theory of Planned Behaviour (TPB) of Ajzen (1991), which states that human behaviour is affected by behavioural intention, which, in turn, is affected by attitude, subjective norms, and perceived behavioural control; and the luxury value framework of Wiedmann et. al. (2009), which states that what really adds luxury value in the consumer’s perception is defined through the existence of four latent dimensions: financial, functional, individual, and social. Additionally, the dissertation in hand studies the importance of luxury marketing strategies and its relationship to behavioural intentions. Results revealed that the overall luxury values had a positive relation with the TPB constructs, however, not all the constructs had a positive relation with consumer purchasing intentions. Moreover, the marketing factors showed a positive relation with intentions, however some of them were quite low. The overall findings that derived from analysis resulted in some very interesting facts, which have been explained and summarized in the conclusion. Managerial implications relating to these facts were also discussed in the end.