{"id":3116,"date":"2015-09-15T16:59:40","date_gmt":"2015-09-15T13:59:40","guid":{"rendered":"http:\/\/www.berjournal.com\/?p=3116"},"modified":"2015-09-15T16:59:40","modified_gmt":"2015-09-15T13:59:40","slug":"downward-price-based-brand-line-extensions-effects-on-luxury-brands","status":"publish","type":"post","link":"https:\/\/www.berjournal.com\/tr\/downward-price-based-brand-line-extensions-effects-on-luxury-brands","title":{"rendered":"Downward Price-Based Brand Line Extensions Effects on Luxury Brands"},"content":{"rendered":"\n\n\n\n
Article Information<\/td>\n<\/tr>\n
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Journal:<\/td>\nBusiness and Economics Research Journal<\/td>\n<\/tr>\n
Title of Article:<\/td>\nDownward Price-Based Brand Line Extensions Effects on Luxury Brands<\/td>\n<\/tr>\n
Author(s):<\/td>\nMarcelo Royo-Vela, Eileen Voss<\/td>\n<\/tr>\n
Volume:<\/td>\n6<\/td>\n<\/tr>\n
Number:<\/td>\n3<\/td>\n<\/tr>\n
Year:<\/td>\n2015<\/td>\n<\/tr>\n
Page:<\/td>\n145-161<\/td>\n<\/tr>\n
ISSN:<\/td>\n1309-2448<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n
Abstract<\/td>\n<\/tr>\n
This study tries to examine the brand concept consistency, the self-concept congruence and the resulting loyalty status of the consumers in order to evaluate whether a downward price-based line extensions in the luxury goods market has any negative or positive effect on them. By conducting focus group and in-depth interviews it was tried to filter out how brand concepts of luxury brands are perceived before and after a line extension. Results revealed that a crucial aspect for the evaluation of downward price-based line extensions is the exclusivity variable. Additionally, the research showed different modification to the brand concept consistency after an extension depending whether the brand is bought for pure hedonic or emotional reasons or actually for functional reasons. As practical implications brands appealing to hedonic\/emotional motivations need to be crucially differentiated to those brands appealing to functional\/rational motivations. In the case of a mixed concept an in-depth segmentation of the target markets is needed in order to successfully reach the consumers\u2019 needs.<\/td>\n<\/tr>\n
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Keywords:<\/td>\nBrand concept, line extension, downward price, luxury market, qualitative, loyalty<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n
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JEL Classification:<\/td>\nM30, M31<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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Article Information Journal: Business and Economics Research Journal Title of Article: Downward Price-Based Brand Line Extensions Effects on Luxury Brands Author(s): Marcelo Royo-Vela, Eileen Voss Volume: 6 Number: 3 Year: 2015 Page: 145-161 ISSN: 1309-2448 Abstract This study tries to examine the brand concept consistency, the self-concept congruence and the resulting loyalty status of the […]<\/p>\n

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