E-Jurnal Manajemen Trisakti School of Management (TSM)
Vol 1 No 2 (2021): E-Jurnal Manajemen Trisakti School of Management (TSM)

BRAND EQUITY, FACE SAVING DAN SOCIAL INFLUENCE TERHADAP FASHION LUXURY CONSUMPTION PADA GENERASI MILLENNIAL

Nila Pusvikasari (Trisakti School of Management)



Article Info

Publish Date
30 Jun 2021

Abstract

The objective of this study is to examine the effect of fashion luxury consumption such as brand equity ( there are brand loyalty, perceived quality, and brand knowledge), face saving and social influence. empirically, this study examines the effect of the dimension of brand equity on customers willingness to pay apremium price through an affective attitude, in addition to testing face saving and social influence on customer’s willingness to pay a premium price on the millennial generation in Jakarta, a total of 211 respondents in both online and offline surveys with Structurl Equation Modeling (SEM). This technique is used to test the causal relationship between contract in a structural model. The findings show that perceived quality and brand knowledge have an effect of affective attitude. Affective attitude, face saving, and social influence also have an effect of willingness to pay a premium price for luxury brands, while brand loyalty has no effect of affective attitude. Research limitations in this study are only tested on the luxury fashion industry and only tested for millennials generation. To research the effect of willingness to pay a premium price, further researcher should add other dimensions such as the brand association and to be carried out in all other luxury industries and all generations in Indonesia

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Journal Info

Abbrev

EJMTSM

Publisher

Subject

Economics, Econometrics & Finance Environmental Science Law, Crime, Criminology & Criminal Justice Social Sciences

Description

E-Jurnal Manajemen Trisakti School Management (TSM) is biannual publication issued in the month of March, June, September, and December. E-Jurnal Manajemen TSM is a scientific journal which prioritizes the publication of articles (research and non-research based) regarding to management issues ...