Status and Conspicuousness – Are They Related? Strategic Marketing Implications for Luxury Brands
Résumé
The purpose of this paper is to develop a scale to measure luxury brands' status and conspicuousness using the new luxury brand context as a reference point. This scale will be utilized to establish empirical evidence that allows an exploration of the relationship between status and conspicuousness as dimensions of luxury brand perception. The study used Confirmatory Factor Analysis and Attribute Rating. The data were collected from 204 consumers in France. Status and conspicuousness are revealed to constitute two different, although related, dimensions of luxury brands and should therefore be measured as distinct constructs when assessing brand luxury. Strategic marketing implications for marketing managers are identified and discussed within the context of the three product categories. This is the first empirical study to use actual consumers in order to explore the difference between status and conspicuousness in assessing luxury brands.