The pursuit of counterfeited luxury: An examination of the negative side effects of close consumer–brand connections
Loading...
Permanent Link
Collections
Author/Creator
Author/Creator ORCID
Date
2015
Type of Work
Department
Program
Citation of Original Publication
Randhawa, P., Calantone, R. J., & Voorhees, C. M. (November 01, 2015). The pursuit of counterfeited luxury: An examination of the negative side effects of close consumer-brand connections. Journal of Business Research, 68, 11, 2395-2403.
Rights
Abstract
Over the past two decades, the counterfeiting industry has cost U.S. manufacturers over $200 billion. In this study, we extend current research on consumers' willingness to purchase counterfeit products by demonstrating that consumers' need to build their self-concept via selfbrand connection directly impact consumers' willingness to purchase counterfeits and these effects are moderated by value consciousness and openness to experience. As a result, our findings move beyond simple assessments of the impact of demographics and social norms to provide a deeper understanding of why and when consumers purchase counterfeit goods. The findings provide new insights that luxury brand managers could leverage to proactively combat counterfeiting and begin curtailing their losses due to the sale of fake goods.