Understanding Luxury Disposition

Miah Lee, Eunju Ko, Seulgi Lee, Kyulim Kim

Research output: Contribution to journalArticle

13 Citations (Scopus)

Abstract

This article aims to provide a conceptual foundation for luxury disposition behavior in relation to luxury customer value and switching costs. The results of a study involving 398 luxury consumers in South Korea demonstrate the distinct typologies of luxury customer values and switching costs in cognitive (financial) and emotional (relational) dimensions as well as luxury disposition behavior as four different types. In addition, the conceptual framework on luxury disposition behavior reveals how luxury customers recognize customer value of luxury goods in perceiving switching costs upon disposition, which leads to different choices in disposition behavior. Theoretical and managerial implications are discussed for marketers or retailers in luxury fashion industry.

Original languageEnglish
Pages (from-to)467-480
Number of pages14
JournalPsychology and Marketing
Volume32
Issue number4
DOIs
Publication statusPublished - 2015 Apr 1

Fingerprint

Costs and Cost Analysis
Republic of Korea
Industry
Disposition
Luxury
Switching costs
Customer value

All Science Journal Classification (ASJC) codes

  • Applied Psychology
  • Marketing

Cite this

Lee, Miah ; Ko, Eunju ; Lee, Seulgi ; Kim, Kyulim. / Understanding Luxury Disposition. In: Psychology and Marketing. 2015 ; Vol. 32, No. 4. pp. 467-480.
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Lee, M, Ko, E, Lee, S & Kim, K 2015, 'Understanding Luxury Disposition', Psychology and Marketing, vol. 32, no. 4, pp. 467-480. https://doi.org/10.1002/mar.20792

Understanding Luxury Disposition. / Lee, Miah; Ko, Eunju; Lee, Seulgi; Kim, Kyulim.

In: Psychology and Marketing, Vol. 32, No. 4, 01.04.2015, p. 467-480.

Research output: Contribution to journalArticle

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