Luxury consumption in the trade-off between genuine and counterfeit goods: What are the consumers' underlying motives and value-based drivers?

Research output: Contribution to journalArticleResearchpeer review

Authors

  • Klaus Peter Wiedmann
  • Nadine Hennigs
  • Christiane Klarmann
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Details

Original languageEnglish
Pages (from-to)544-566
Number of pages23
JournalJournal of Brand Management
Volume19
Issue number7
Publication statusPublished - 2 Mar 2012

Abstract

The significant growth of luxury consumption in recent decades has been accompanied by a prevalence of pirated and counterfeited goods. Given that the market for counterfeits relies on consumers desire for real luxury brands, it is critical for researchers and marketers to understand the reasons why consumers buy genuine luxury brands, what they believe real luxury is, and how their perception of luxury value affects their buying behavior in the trade-off between authentic or counterfeit products. Based on a comparison of studies that provides a holistic view of the phenomenon of counterfeit consumption and a comprehensive model, the key drivers of perceived value will be defined, helping to reduce the complexity of counterfeit consumption and enable the development of customized countermeasures.

Keywords

    counterfeiting, customer value perception, luxury brands, unethical consumer behavior

ASJC Scopus subject areas

Sustainable Development Goals

Cite this

Luxury consumption in the trade-off between genuine and counterfeit goods: What are the consumers' underlying motives and value-based drivers? / Wiedmann, Klaus Peter; Hennigs, Nadine; Klarmann, Christiane.
In: Journal of Brand Management, Vol. 19, No. 7, 02.03.2012, p. 544-566.

Research output: Contribution to journalArticleResearchpeer review

Wiedmann KP, Hennigs N, Klarmann C. Luxury consumption in the trade-off between genuine and counterfeit goods: What are the consumers' underlying motives and value-based drivers? Journal of Brand Management. 2012 Mar 2;19(7):544-566. doi: 10.1057/bm.2012.10
Wiedmann, Klaus Peter ; Hennigs, Nadine ; Klarmann, Christiane. / Luxury consumption in the trade-off between genuine and counterfeit goods : What are the consumers' underlying motives and value-based drivers?. In: Journal of Brand Management. 2012 ; Vol. 19, No. 7. pp. 544-566.
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