IS THE PRICE ONLY MOTIVATION SOURCE TO PURCHASE COUNTERFEIT LUXURY PRODUCTS?
IS THE PRICE ONLY MOTIVATION SOURCE TO PURCHASE COUNTERFEIT LUXURY PRODUCTS?
Author(s): Nil Engizek, Ahmet ŞekerkayaSubject(s): Economy
Published by: Universitatea SPIRU HARET - Faculty of Accounting and Financial Management
Keywords: Counterfeiting; Counterfeit Products; Luxury Brands; Turkey
Summary/Abstract: The purpose of this study was to explore the effects of non-price motivation sources on consumers’ voluntary counterfeit luxury brands purchase intention. Specifically, personal characteristics (materialism, value consciousness, brand sensitivity and fashion consciousness), social motivations (status consumption, self-monitoring and normative influences) and product related features (perceived value and risk) were examined. A face-to-face survey was conducted to test the structural model. A total of 1001 female consumers served as the sample. Data analysis was conducted using confirmatory factor analysis and structural equation modeling. Structural equation modeling showed that happiness subscale of materialism scale was the strongest predictors of voluntary counterfeit luxury brands purchase intention. Perceived social value, normative influences, perceived price value, self-monitoring ability and fashion consciousness were the other dimensions that affected purchase intention significantly.
Journal: Journal of Academic Research in Economics (JARE)
- Issue Year: 7/2015
- Issue No: 1
- Page Range: 89-118
- Page Count: 30
- Language: English
- Content File-PDF