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Redefining “masstige” luxury consumption in the post-COVID era

The concept of “new luxury” has challenged the conventional marketing of luxury goods as prestigious, leading to greater expansion of mass luxury meaning. This has become more evident since the outbreak of COVID-19, which has been a catalyst for consumption in the luxury market. This paper investiga...

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Detalles Bibliográficos
Autores principales: Wang, Zi, Yuan, Ruizhi, Luo, Jun, Liu, Martin J.
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Elsevier Inc. 2022
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8803570/
https://www.ncbi.nlm.nih.gov/pubmed/35125559
http://dx.doi.org/10.1016/j.jbusres.2022.01.057
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author Wang, Zi
Yuan, Ruizhi
Luo, Jun
Liu, Martin J.
author_facet Wang, Zi
Yuan, Ruizhi
Luo, Jun
Liu, Martin J.
author_sort Wang, Zi
collection PubMed
description The concept of “new luxury” has challenged the conventional marketing of luxury goods as prestigious, leading to greater expansion of mass luxury meaning. This has become more evident since the outbreak of COVID-19, which has been a catalyst for consumption in the luxury market. This paper investigates the mass marketing of luxury goods and explores the essence of masstige luxury consumption since the outbreak of COVID-19. An interpretive approach was conducted based on semi-structured, in-depth interviews with 31 participants. It analyzes four themes of mass luxury: self as content, self as process, self as context, and self–other. We further argue that the mass consumption of luxury reduces cognitive dissonance, with the pandemic resolving the dark side of conventional luxury consumption. Our findings provide important insights for both scholars and practitioners in the development of a more holistic understanding of masstige in the post-COVID era.
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spelling pubmed-88035702022-02-01 Redefining “masstige” luxury consumption in the post-COVID era Wang, Zi Yuan, Ruizhi Luo, Jun Liu, Martin J. J Bus Res Article The concept of “new luxury” has challenged the conventional marketing of luxury goods as prestigious, leading to greater expansion of mass luxury meaning. This has become more evident since the outbreak of COVID-19, which has been a catalyst for consumption in the luxury market. This paper investigates the mass marketing of luxury goods and explores the essence of masstige luxury consumption since the outbreak of COVID-19. An interpretive approach was conducted based on semi-structured, in-depth interviews with 31 participants. It analyzes four themes of mass luxury: self as content, self as process, self as context, and self–other. We further argue that the mass consumption of luxury reduces cognitive dissonance, with the pandemic resolving the dark side of conventional luxury consumption. Our findings provide important insights for both scholars and practitioners in the development of a more holistic understanding of masstige in the post-COVID era. Elsevier Inc. 2022-04 2022-02-01 /pmc/articles/PMC8803570/ /pubmed/35125559 http://dx.doi.org/10.1016/j.jbusres.2022.01.057 Text en © 2022 Elsevier Inc. All rights reserved. Since January 2020 Elsevier has created a COVID-19 resource centre with free information in English and Mandarin on the novel coronavirus COVID-19. The COVID-19 resource centre is hosted on Elsevier Connect, the company's public news and information website. Elsevier hereby grants permission to make all its COVID-19-related research that is available on the COVID-19 resource centre - including this research content - immediately available in PubMed Central and other publicly funded repositories, such as the WHO COVID database with rights for unrestricted research re-use and analyses in any form or by any means with acknowledgement of the original source. These permissions are granted for free by Elsevier for as long as the COVID-19 resource centre remains active.
spellingShingle Article
Wang, Zi
Yuan, Ruizhi
Luo, Jun
Liu, Martin J.
Redefining “masstige” luxury consumption in the post-COVID era
title Redefining “masstige” luxury consumption in the post-COVID era
title_full Redefining “masstige” luxury consumption in the post-COVID era
title_fullStr Redefining “masstige” luxury consumption in the post-COVID era
title_full_unstemmed Redefining “masstige” luxury consumption in the post-COVID era
title_short Redefining “masstige” luxury consumption in the post-COVID era
title_sort redefining “masstige” luxury consumption in the post-covid era
topic Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8803570/
https://www.ncbi.nlm.nih.gov/pubmed/35125559
http://dx.doi.org/10.1016/j.jbusres.2022.01.057
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