Segmentation of German Consumers Based on Perceived Dimensions of Luxury Food |
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Authors: | Laura Helena Hartmann Sina Nitzko Achim Spiller |
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Institution: | Department of Agricultural Economics and Rural Development, Georg-August-University of Goettingen, Goettingen, Germany |
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Abstract: | Recent trends in the German food sector have shifted and segmented consumer consumption motives toward indulgence, quality, and sustainability. Simultaneously, in Western countries there has been a change in luxury consumption motives, shifting emphasis to hedonism, self-actualization, and quality instead of prestige. These parallel developments give rise to the question of how food is related to luxury. This study investigates the perceived dimensions of luxury food and outlines a number of segmented consumer groups based on these dimensions. By means of principal component and cluster analyes, seven dimensions were revealed, which generated four consumer segments. Six of the perceived dimensions of luxury food correspond to those that are found within general luxury goods and services. Sustainability and authenticity form a further dimension, mirroring new luxury values. In the cluster analysis, two segments can be identified as target groups for classic premium foods, whereby one group is predominated by new luxury values and the other is expected to buy lower-quality food. |
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Keywords: | Consumer behavior food luxury segmentation |
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