Topic
Snob effect
About: Snob effect is a research topic. Over the lifetime, 31 publications have been published within this topic receiving 2552 citations.
Papers
TL;DR: In this article, the nature of the problem is discussed and the bandwagon effect and the snob effect are discussed. And the Veblen effect and mixed effects are discussed as well as the conclusion of the conclusion.
Abstract: I. The nature of the problem, 183. — II. Functional and nonfunctional demand, 188. — III. The bandwagon effect, 190. — IV. The snob effect, 199. — V. The Veblen effect, 202. — VI. Mixed effects, 205. — VII. Conclusion, 206.
2,475 citations
TL;DR: In this paper, the authors analyse the luxury market and determine the factors that determine luxury consumption, and they show that consumers perceive quality as a brand determinant, and that rare products indicate respect and prestige among the respondents.
Abstract: Purpose – The purpose of the paper is to analyse the luxury market and determine the factors that determine luxury consumption. Luxury consumption has been neglected, and yet many questions arise concerning the underlying dimensions of luxury shopping.Design/methodology/approach – Two scales were used: questions concerning luxury consumption were used in order to determine the sample of luxury consumers, and a PRECON scale was used to measure individual differences in consumers’ prestige shopping preferences. After the scale validation process, factor analysis was conducted, along with regression analysis of all PRECON factors.Findings – The results show that in this market consumers perceive quality as a brand determinant. Further, strong patron status suggests a “snob effect” among respondents, who buy exclusive items in an attempt to distinguish themselves. Hence, rare products indicate respect and prestige among the respondents. Furthermore, this paper defines two sub‐categories, namely “old aristocra...
409 citations
TL;DR: In this article, a study model was developed to unearth the influences of the symbolic manifestation of luxury service consumption, and gastronomic involvement and knowledge were also proposed to explain customers' willingness to pay a price premium for a luxury gastronome experience.
137 citations
TL;DR: In this paper, the authors present a formal model to study the likelihood of market lock-in in the presence of multiple increasing returns and examine the impact of alternative demand side specifications on the direction of innovative activities of firms.
112 citations
TL;DR: In this paper, the authors examined daily deal websites and found that heavy discounts have a negative impact on quality perceptions, and that brand familiarity and offer type may affect quality perceptions and purchase likelihood.
44 citations
Related Topics (5)
Performance Metrics
| Year | Papers |
|---|---|
| 2021 | 2 |
| 2020 | 1 |
| 2019 | 2 |
| 2018 | 1 |
| 2017 | 2 |
| 2016 | 2 |