IDEAS: Journal of Management & Technology
Vol 2, No 2 (2022)

How Self-Esteem and Sense of Belonging Drives Conspicuous Consumption

Alicia Listiani Tenia (Sampoerna University)
Nabilah Putri Justine (Sampoerna University)
Christian Haposan Pangaribuan (Sampoerna University)



Article Info

Publish Date
08 Apr 2023

Abstract

In order to prevent overconsumption, it is crucial to understand the causes of conspicuous consumption. The purpose of this study is to determine how self-esteem (SE) and a sense of belonging (SOB) relate to conspicuous consumption (CC). With an average age of early 20s in the Jakarta and Java region, 127 representatives of Generation Z are surveyed to collect data. Results revealed that both Self-Esteem and Sense of Belonging were strongly correlated with Conspicuous Consumption, according to correlation and regression analysis. We suggest for young adults to not purchase goods or items impulsively to avoid conspicuous consumption rather than displaying one’s wealth. Limitation and future research are discussed in context of the study’s findings.

Copyrights © 2022






Journal Info

Abbrev

IDEAS

Publisher

Subject

Humanities Economics, Econometrics & Finance

Description

IDEAS: Journal of Management and Technology is a peer-reviewed journals devoted to the publication of original papers and serve as a forum for practical approaches to improving quality in issues pertaining to technology management, innovation, and related fields. The goal is to bring the highest ...