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      The Effect of Perceived Similarity on Counterfeit Luxury Consumption: Roles of Perceived Values and Regulatory Focus

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      https://www.riss.kr/link?id=A108564616

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      다국어 초록 (Multilingual Abstract)

      This paper aimed to investigate how perceived similarity(PS) influences counterfeit luxury consumption and whether this relationship is influenced by perceived brand values and consumer self-regulatory orientations. This study surveyed Chinese consumers and empirically analyze the collected data via PROCESS modeling. This research demonstrated that the perceived similarity between counterfeit and genuine luxury affected counterfeit luxury consumption and perceived brand values mediate this process. Consumer promotion focus orientation(Pro) amplified the influence of perceived social value(PSV) and consumer prevention focus orientation(Pre) strengthened the influence of perceived functional value(PFV) on counterfeit luxury consumption. This study provided novel insights into the mechanisms underlying the influence of perceived similarity and perceived values on counterfeit luxury purchase intention(PI) and highlights the importance of consumer regulatory focus in this process. Thus, the current study complemented the literature about the potential factors influencing counterfeit luxury consumption and contributed to marketers in developing effective strategies and appropriate decisions.
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      This paper aimed to investigate how perceived similarity(PS) influences counterfeit luxury consumption and whether this relationship is influenced by perceived brand values and consumer self-regulatory orientations. This study surveyed Chinese consume...

      This paper aimed to investigate how perceived similarity(PS) influences counterfeit luxury consumption and whether this relationship is influenced by perceived brand values and consumer self-regulatory orientations. This study surveyed Chinese consumers and empirically analyze the collected data via PROCESS modeling. This research demonstrated that the perceived similarity between counterfeit and genuine luxury affected counterfeit luxury consumption and perceived brand values mediate this process. Consumer promotion focus orientation(Pro) amplified the influence of perceived social value(PSV) and consumer prevention focus orientation(Pre) strengthened the influence of perceived functional value(PFV) on counterfeit luxury consumption. This study provided novel insights into the mechanisms underlying the influence of perceived similarity and perceived values on counterfeit luxury purchase intention(PI) and highlights the importance of consumer regulatory focus in this process. Thus, the current study complemented the literature about the potential factors influencing counterfeit luxury consumption and contributed to marketers in developing effective strategies and appropriate decisions.

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      참고문헌 (Reference)

      1 황진수, "조절초점의 혁신행동에 대한 영향력과 자기효능감 및 조직지원인식의 조절효과 검증" 한국산업경제학회 34 (34): 833-853, 2021

      2 김준 ; 유재현, "메타버스 서비스의 특성요인이 지각된 가치와 지속사용의도에 미치는 영향" 한국산업경제학회 34 (34): 1339-1362, 2021

      3 Sheth, J. N., "Why we buy what we buy : A theory of consumption values" 22 (22): 159-170, 1991

      4 Gallarza, M. G., "The value of value : Further excursions on the meaning and role of customer value" 10 (10): 179-191, 2011

      5 Randhawa, P., "The pursuit of counterfeited luxury : An examination of the negative side effects of close consumer–brand connections" 68 (68): 2395-2403, 2015

      6 Holbrook, M. B., "The nature of customer value : an axiology of services in the consumption experience" 21 (21): 21-71, 1994

      7 A. Zampetakis, L., "The emotional dimension of the consumption of luxury counterfeit goods : an empirical taxonomy" 32 (32): 21-40, 2014

      8 Ku, H. -H., "The effect of scarcity on the purchase intentions of prevention and promotion motivated vonsumers" 29 (29): 541-548, 2012

      9 Sánchez-Fernández, R., "The concept of perceived value : a systematic review of the research" 7 (7): 427-451, 2016

      10 Fornell, C., "Structural equation models with unobservable variables and measurement error: Algebra and statistics" Sage Publications Sage CA 1981

      1 황진수, "조절초점의 혁신행동에 대한 영향력과 자기효능감 및 조직지원인식의 조절효과 검증" 한국산업경제학회 34 (34): 833-853, 2021

      2 김준 ; 유재현, "메타버스 서비스의 특성요인이 지각된 가치와 지속사용의도에 미치는 영향" 한국산업경제학회 34 (34): 1339-1362, 2021

      3 Sheth, J. N., "Why we buy what we buy : A theory of consumption values" 22 (22): 159-170, 1991

      4 Gallarza, M. G., "The value of value : Further excursions on the meaning and role of customer value" 10 (10): 179-191, 2011

      5 Randhawa, P., "The pursuit of counterfeited luxury : An examination of the negative side effects of close consumer–brand connections" 68 (68): 2395-2403, 2015

      6 Holbrook, M. B., "The nature of customer value : an axiology of services in the consumption experience" 21 (21): 21-71, 1994

      7 A. Zampetakis, L., "The emotional dimension of the consumption of luxury counterfeit goods : an empirical taxonomy" 32 (32): 21-40, 2014

      8 Ku, H. -H., "The effect of scarcity on the purchase intentions of prevention and promotion motivated vonsumers" 29 (29): 541-548, 2012

      9 Sánchez-Fernández, R., "The concept of perceived value : a systematic review of the research" 7 (7): 427-451, 2016

      10 Fornell, C., "Structural equation models with unobservable variables and measurement error: Algebra and statistics" Sage Publications Sage CA 1981

      11 Kolbl, Ž., "Stereotyping global brands : Is warmth more important than competence" 104 : 614-621, 2019

      12 Han, Y. J., "Signaling status with luxury goods : The role of brand prominence" 74 (74): 15-30, 2010

      13 Davidson, A., "Shame on you : when materialism leads to purchase intentions toward counterfeit products" 155 : 479-494, 2019

      14 Podsakoff, P. M., "Self-reports in organizational research : Problems and prospects" 12 (12): 531-544, 2016

      15 Marticotte, F., "Schadenfreude, attitude and the purchase intentions of a counterfeit luxury brand" 77 : 175-183, 2017

      16 Wang, L., "Regulatory focus and consumption of counterfeit luxury goods : Roles of functional theories of attitudes and perceived similarity" 107 : 50-61, 2020

      17 Hayes, A. F., "PROCESS: A versatile computational tool for observed variable mediation, moderation, and conditional process modeling" University of Kansas 2012

      18 Bagozzi, R. P., "On the evaluation of structural equation models" 16 : 74-94, 1988

      19 Wee, C. H., "Non price determinants of intention to purchase counterfeit goods : an exploratory study" 12 (12): 19-46, 1995

      20 Bian, X., "New insights into unethical counterfeit consumption" 69 (69): 4249-4258, 2016

      21 Harman, H. H., "Modern factor analysis" University of Chicago press 1976

      22 Choi, Y. K., "Matching luxury brand appeals with attitude functions on social media across cultures" 117 : 520-528, 2020

      23 Drazkowski, D., "I am afraid, so I buy it! The effects of anxiety on consumer assimilation and differentiation needs amongst individuals primed with independent and interdependent self-construal" 16 (16): e0256483-, 2021

      24 Higgins, E. T., "How self regulation creates distinct values : The case of promotion and prevention decision making" 12 (12): 177-191, 2002

      25 Fontana, R., "How luxury brands can beat counterfeiters" 28 : 2019

      26 Song, L., "How counterfeit dominance affects luxury fashion brand owners’ perceptions : A cross-cultural examination" 130 : 1-13, 2021

      27 Naseem, N., "Global brand attitude, perceived value, consumer affinity, and purchase intentions: A multidimensional view of consumer behavior and global brands" Emerald Group Publishing Limited 26-, 2015

      28 Rosch, E., "Family resemblances : Studies in the internal structure of categories" 7 (7): 573-605, 1975

      29 Dodds, W. B., "Effects of price, brand, and store information on buyers’ product evaluations" 28 (28): 307-319, 1991

      30 Le Roux, A., "Do product category and consumers’motivations profiles matter regarding counterfeiting" 28 (28): 758-770, 2019

      31 Yang, Z., "Customer perceived value, satisfaction, and loyalty : The role of switching costs" 21 (21): 799-822, 2004

      32 Mavlanova, T., "Counterfeit products on the internet : the role of seller-level and product-level information" 15 (15): 79-104, 2014

      33 Penz, E., "Corporate image and product similarity—Assessing major demand drivers for counterfeits in a multi-country study" 25 (25): 352-381, 2008

      34 Sweeney, J. C., "Consumer perceived value : The development of a multiple item scale" 77 (77): 203-220, 2001

      35 Lefkoff-Hagius, R., "Characteristic, beneficial, and image attributes in consumer judgments of similarity and preference" 20 (20): 100-110, 1993

      36 Salehzadeh, R., "Brand attitude and perceived value and purchase intention toward global luxury brands" 29 (29): 74-82, 2016

      37 Higgins, E. T., "Beyond pleasure and pain" 52 (52): 1280-, 1997

      38 Septianto, F., "Authenticity and exclusivity appeals in luxury advertising : the role of promotion and prevention pride" 54 (54): 1305-1323, 2020

      39 Bian, X., "An investigation of determinants of counterfeit purchase consideration" 62 (62): 368-378, 2009

      40 Higgins, E. T., "Achievement orientations from subjective histories of success : Promotion pride versus prevention pride" 31 (31): 3-23, 2001

      41 Wu, G. J., "A goal-directed interactionist perspective of counterfeit consumption" 53 (53): 1311-1332, 2019

      42 Shan, J., "A double-edged sword : How the dual characteristics of face motivate and prevent counterfeit luxury consumption" 134 : 59-69, 2021

      43 Veloutsou, C., "A cross-national examination of consumer perceived risk in the context of non-deceptive counterfeit brands" 7 (7): 3-20, 2008

      44 Chen, L., "8 ways brands can fight counterfeits in China" 2018

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