Exploring young consumer's adoption of secondhand luxury: insights from a qualitative study

被引:11
作者
Rathi, Rubal [1 ]
Jain, Sheetal [2 ,3 ]
Garg, Ruchi [1 ]
机构
[1] BML Munjal Univ, Sch Management, Gurgaon, India
[2] Luxe Analyt, Delhi, India
[3] IMT Ghaziabad, Adjunct Fac, Ghaziabad, India
关键词
Luxury; Secondhand fashion; Millennials; Emerging economies; Qualitative research; 2ND-HAND; CONSUMPTION; AUTHENTICITY; MOTIVATION; CREATION; ATTITUDE; FASHION; ENGAGE;
D O I
10.1108/JFMM-11-2022-0236
中图分类号
F [经济];
学科分类号
02 ;
摘要
PurposeThis study explores reasons for and against secondhand luxury (SHL) fashion adoption among young consumers in an emerging nation, India. As a trend, SHL has witnessed tremendous growth in the past few years, but scholarly interest remains scant. Design/methodology/approachDrawing from an interpretivist paradigm, this study uses an exploratory qualitative approach with 26 semi-structured interviews with SHL buyers, analyzed using NVivo software. FindingsThe findings shed significant light on value drivers and find support for status value, uniqueness value, quality value and monetary value, while adding the role of emotional value in reasons for SHL adoption. The results reveal an interesting trait of Indian consumers: price, fashion and celebrity association outweigh sustainability concerns, where an attitude-behavior gap is observed. Also, the findings add depth to risk perceptions as a major reason against SHL adoption. Originality/valueWhile most existing studies have only focused on the motivational drivers, this study offers in-depth insights into the growing SHL literature by drawing attention to the enablers and equally important inhibitors by applying the novel Behavioral Reasoning Theory. It also intends to enhance practitioner knowledge in understanding a culturally diverse market and developing strategies relevant to a new set of consumers. The study calls for SHL retailers to sensitize young consumers in India about the sustainability aspect of SHL consumption, which is currently less appreciated.
引用
收藏
页码:117 / 138
页数:22
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