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What Are the Differences of Luxury Goods Purchasing Behaviors of Hetero- Geneous Consumer Groups?
- 1 Suzhou Industrial Park Foreign Language School
* Author to whom correspondence should be addressed.
Abstract
In today's world, many scholars have begun to research the different benefits that luxury goods bring to society. Although luxury goods research-only appeared in the last hundred years, it has an absolute voice in today's trend circle and even involves other industries. However, few people have researched the impact of different people's characteristics on luxury consumption, so I choose to research the difference in luxury purchase behaviors among heterogeneous groups. I believe this research will provide a clear picture of how this difference arises and what the implications are. This research provides empirical evidence for the differences of the luxury goods purchasing from heterogeneous consumer groups. This model could be applied to empirical studies of Economics and Sociology. In practice, the empirical findings from some surveys, data research and some expertise provide convincing evidence for the reliability of the model. It can be used that people with different characteristics have different purposes when acquiring luxury goods. Although there are some limitations in the current study, the findings could give researchers and practitioners suggestions to the impact of population heterogeneity on luxury purchases. Specifically, this study demon st-rates that gender, age, personal or family income, job content and local development level will all influence people's different opinions on luxury brands, so they have different purposes for using luxury goods in China.
Keywords
luxury goods, heterogeneous groups, luxury purchase
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Cite this article
Xin,C. (2024). What Are the Differences of Luxury Goods Purchasing Behaviors of Hetero- Geneous Consumer Groups?. Journal of Applied Economics and Policy Studies,9,56-69.
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