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The end of the world as we know it? The influence of online channels on the luxury customer experience
Institution:1. Griffith Business School, Griffith Institute for Tourism Studies, Griffith University, Brisbane, Australia;2. Business Research Unit (BRU/UNIDE), Instituto Universitário de Lisboa (ISCTE-IUL), Portugal;1. University of Bristol, Howard House Queen''s Avenue, Bristol, BS8 1SD, United Kingdom;2. University of Bergamo, Via Dei Caniana 2, 24127, Bergamo, Italy;3. American University of Sharjah, University City, PO Box 26666, Sharjah, United Arab Emirates;1. University of Auckland Business School, Department of Marketing, 12 Grafton Road, Auckland, New Zealand;2. Jilin University, Economics School and Center for China Public Sector Economy Research, 2699 Qianjin St, Changchun, China;3. University of Malaysia Sabah, School of Business and Economics, 88999 Kota Kinabalu, Malaysia;4. University of Queensland Business School, 39 Blair Dr, St Lucia, Australia
Abstract:Luxury brands claim to offer consumers pleasure and prestige and deliver high profits to retailers. While the global demand for luxury goods is increasing, consumers expect that the purchasing process these goods will accommodate their preferences on how, where, and when they want to purchase them. The changing nature of luxury markets and customers' purchasing behavior makes it necessary to understand why customers would choose an online channel to purchase luxury offerings. What are the features that make so appealing, attracting consumers towards them? Our study explores customers' motivations, the benefits and the experiences they are expecting and perceiving from the Online Luxury Experience (OLX). We examine the OLX and establish three corresponding luxury customer segments using online channels to purchase their luxury goods and services: the purists, opportunists, and e-lux. We highlight the differences between the segment's customer journeys and the implications for theory and luxury customer experience management.
Keywords:Luxury  Luxury retailing  Luxury services  Luxury experience  Online luxury experience (OLX)  Omni channel management  Customer experience  Online customer experience  e-commerce
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