Consumers’ Paradoxical Interpretations of Prestige and Luxury

Volume: 5 Number: 1 April 1, 2010
  • Deniz Atik
  • Bengü Sevil Oflaç
TR EN

Consumers’ Paradoxical Interpretations of Prestige and Luxury

Abstract

In relation to consumption, we observe puzzle‐ ment in the ways the terms prestige and luxury are interpreted both in scholarly discussions and in consumers’ minds. Some use these terms interchangeably while others assign different meanings. Through our study, with a qualitative inquiry, we hope to shed light to this perplexity from consumers’ perspectives. We first offer a framework about the confusion in consumers’ minds related to their understanding of the notions of prestige and luxury, which can have different connotations. In addition to its material aspects, prestige may also be associated with moral values while luxury is often materialistic. Accordingly, the analysis shows these intangible, material, and interpersonal aspects of prestige. With the study, we hope to contribute to con‐ sumer behavior theories, at the same time highlighting both the limits and the success of materialism.

Keywords

References

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  5. Chaudhuri, H. R. & Majumdar, S. (2006), “Of diamonds and desires: understanding conspicuous consumption from a contemporary marketing perspective”, Academy of Marketing Science Review, 11, 2‐16.
  6. Coleman, J. S. (1990), Foundations of Social Theory. Cambridge, Mass: Harvard University Press.
  7. Davis, K. & Moore, W. (1945), “Some Principles of Stratification”, Am. Sociol. Rev., 10, 242‐49.
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Details

Primary Language

English

Subjects

-

Journal Section

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Authors

Deniz Atik This is me

Bengü Sevil Oflaç This is me

Publication Date

April 1, 2010

Submission Date

-

Acceptance Date

-

Published in Issue

Year 2010 Volume: 5 Number: 1

APA
Atik, D., & Sevil Oflaç, B. (2010). Consumers’ Paradoxical Interpretations of Prestige and Luxury. Eskişehir Osmangazi Üniversitesi İktisadi Ve İdari Bilimler Dergisi, 5(1), 131-146. https://izlik.org/JA26ZB52HW
AMA
1.Atik D, Sevil Oflaç B. Consumers’ Paradoxical Interpretations of Prestige and Luxury. Eskişehir Osmangazi Üniversitesi İktisadi ve İdari Bilimler Dergisi. 2010;5(1):131-146. https://izlik.org/JA26ZB52HW
Chicago
Atik, Deniz, and Bengü Sevil Oflaç. 2010. “Consumers’ Paradoxical Interpretations of Prestige and Luxury”. Eskişehir Osmangazi Üniversitesi İktisadi Ve İdari Bilimler Dergisi 5 (1): 131-46. https://izlik.org/JA26ZB52HW.
EndNote
Atik D, Sevil Oflaç B (April 1, 2010) Consumers’ Paradoxical Interpretations of Prestige and Luxury. Eskişehir Osmangazi Üniversitesi İktisadi ve İdari Bilimler Dergisi 5 1 131–146.
IEEE
[1]D. Atik and B. Sevil Oflaç, “Consumers’ Paradoxical Interpretations of Prestige and Luxury”, Eskişehir Osmangazi Üniversitesi İktisadi ve İdari Bilimler Dergisi, vol. 5, no. 1, pp. 131–146, Apr. 2010, [Online]. Available: https://izlik.org/JA26ZB52HW
ISNAD
Atik, Deniz - Sevil Oflaç, Bengü. “Consumers’ Paradoxical Interpretations of Prestige and Luxury”. Eskişehir Osmangazi Üniversitesi İktisadi ve İdari Bilimler Dergisi 5/1 (April 1, 2010): 131-146. https://izlik.org/JA26ZB52HW.
JAMA
1.Atik D, Sevil Oflaç B. Consumers’ Paradoxical Interpretations of Prestige and Luxury. Eskişehir Osmangazi Üniversitesi İktisadi ve İdari Bilimler Dergisi. 2010;5:131–146.
MLA
Atik, Deniz, and Bengü Sevil Oflaç. “Consumers’ Paradoxical Interpretations of Prestige and Luxury”. Eskişehir Osmangazi Üniversitesi İktisadi Ve İdari Bilimler Dergisi, vol. 5, no. 1, Apr. 2010, pp. 131-46, https://izlik.org/JA26ZB52HW.
Vancouver
1.Deniz Atik, Bengü Sevil Oflaç. Consumers’ Paradoxical Interpretations of Prestige and Luxury. Eskişehir Osmangazi Üniversitesi İktisadi ve İdari Bilimler Dergisi [Internet]. 2010 Apr. 1;5(1):131-46. Available from: https://izlik.org/JA26ZB52HW