Paper:
The Influence of Perceived Rarity and Luxuriousness on Consumers’ Brand Attitudes: Observations in Japan
Ken Kumagai*,** and Shin’ya Nagasawa*
*Graduate School of Commerce, Waseda University
1-6-1 Nishi-waseda, Shinjuku-ku, Tokyo 169-8050, Japan
**Stripe International Inc.
4-12-15 Ginza, Chuo-ku, Tokyo 104-0061, Japan
- [1] J. N. Kapferer and M. Bastien, “The Luxury Strategy: Break the Rules of Marketing to Build Luxury Brands,” 2nd edition, Kogan Page Limited, London, 2012.
- [2] T. B. Veblen, “The Theory of the Leisure Class: An Economic Study in the Evolution of Institutions,” Macmillan, New York, 1899.
- [3] J. N. Kapferer, “Why are we seduced by luxury brands?,” J. of Brand Management, Vol.6, No.1, pp. 44-49, 1998.
- [4] B. Dubois, G. Laurent, and S. Czellar, “Consumer Rapport to Luxury: Analyzing Complex and Ambivalent Attitudes,” Consumer Research Working Paper, No.736, HEC, 2001.
- [5] F. Vigneron and L. W. Johnson, “Measuring perceptions of brand luxury,” J. of Brand Management, Vol.11, No.6, pp. 484-506, 2004.
- [6] K. Heine, “The Concept of Luxury brands, Edition 1.0,” Technische Universitat, Berlin, 2011.
- [7] K. Kumagai and S. Nagasawa, “Observation of Luxury Brand’s Perceived Position and their Key Success Factor (L-KSF) in the Japanese Market,” Trans. of Japan Society of Kansei Engineering, Vol.14, No.2, pp. 257-268, 2015a.
- [8] O. Abtan, A. Achille, J. M. Bellaiche, Y. Kim, V. Lui, A. Mall, A. Mei-Pochtler, and S. Willersdorf, “Shock of the New Chic: Dealing with New Complexity in the Business of Luxury,” BCG, Perspectives, Jan. 30, 2014, Boston Consulting Group, 2014.
- [9] LVMH, Key figures by business and region, income statement – LVMH group, Moët Hennessy – Louis Vuitton, a Société Européenne, 2015.
- [10] Hermes Annual report 2014, Hermès International, S.A., 2015.
- [11] B. Carty, “The great pretenders: the magic of luxury goods,” Business Strategy Review, Vol.14, Issue 3, pp. 10-17, 2003.
- [12] Y. Irisawa and S. Nagasawa, “Product Innovation of Shinzaburo Hanpu and Regional Characteristic of Kyoto,” J. of Advanced Computational Intelligence and Intelligent Informatics (JACIII), Vol.15, No.4, pp. 418-424, 2011.
- [13] K. Sugimoto, T. Someya, and S. Nagasawa, “The Effective Technology- and Resource- Management Strategy of Established Japanese Company: A Case Study of Traya, a Traditional Japanese Confectioner,” Journal of Advanced Computational Intelligence and Intelligent Informatics (JACIII), Vol.16, No.3, pp. 436-443, 2011.
- [14] Toraya, Corporate Information, https://www.toraya-group.co.jp, 2015 [Accessed September 30, 2015].
- [15] K. L. Keller, “Strategic Brand Management,” Prentice Hall Inc., New Jersey, 1998.
- [16] H. Leibenstein, “Bandwagon, Snob, and Veblen Effects in the Theory of Consumers’ Demand,” The Quartely J. of Economics, Vol.64, No.2, pp. 183-207, 1950.
- [17] F. Vigneron and L. W. Johnson, “A review of a conceptual framework of prestige-seeking consumer behavior,” J. of the Academy of Marketing Science, Vol.1999, No.1, pp. 1-15, 1999.
- [18] Y. Aoki, T. Niikura, S. Sasaki, and K. Matsushita, “Consumer Behavior: Application to Marketing and Brand Building,” Yuhikaku, Tokyo, 2012.
- [19] H. R. Markus and S. Kitayama, “Culture and the Self: Implications for Cognition, Emotion, and Motivation,” Psychological Review, Vol.98, No.2, pp. 224-253, 1991.
- [20] M. Kastanakis and G. Balbanis, “Bandwagon, Snob, and Veblen Effects in Luxury Consumption,” Advances in Consumer Research, Vol.38, pp. 609-611, 2012.
- [21] B. Dubois and C. Paternault, “Observations: Understanding the World of International Luxury Brands: The Dream Formula,” J. of Advertising Research, July/August, Vol.35, Issue 4, pp. 69-76, 1995.
- [22] I. Phau and G. Prendergast, “Consuming luxury brands: The relevance of the Rarity Principal,” J. of Brand Management, Vol.8, No.2, pp. 122-138, 2000.
- [23] K. Kumagai and S. Nagasawa, “Customer Experience and Determinants of Consumer Attitude Toward Luxury Brands: Observations in Japan And China,” Science J. of Business and Management, Vol.3, No.2-1, pp. 24-34, 2015b.
- [24] K. Kumagai and S. Nagasawa, “The influence of social self-congruity on Japanese consumer’s luxury and non-luxury apparel brand attitude,” to be published, 2016.
- [25] Millward Browne “Brand Z; Most valuable global brands 100,” Millward Brown, London, 2014.
- [26] M. Fishbein and I. Ajzen, “Belief, Attitude, Intention, and Behavior,” Addison-Wesley Publishing Company, Reading, Massachusetts, 1975.
- [27] K. M. Naresh, “Theory and Practice of Marketing Research,” Dobunkan, Tokyo, 2006.
- [28] R. A. Peterson, “A meta-analysis of Cronbach’s Coefficient Alpha,” J. of Consumer Research, Vol.21. No.2, pp. 381-391, 1994.
- [29] K. M. Kapferer, “Abundant Rarity: The Key to Luxury Growth,” Business Horizons, Vol.55, pp. 453-462, 2012.
- [30] Y. Wu and Y. Chen, “The Analysis of Consumer Purchasing Behavior on Cosmetics,” J. of Advanced Computational Intelligence and Intelligent Informatics (JACIII), Vol.16, No.3, pp. 425-429, 2012.
This article is published under a Creative Commons Attribution-NoDerivatives 4.0 Internationa License.