The Chinese Consumer and Luxury Goods and Services in the Cultural Perspective Cover Image

Chiński konsument wobec luksusowych towarów i usług w perspektywie kulturowej
The Chinese Consumer and Luxury Goods and Services in the Cultural Perspective

Author(s): Maciej Meyer
Subject(s): Media studies, Business Economy / Management, Methodology and research technology, Marketing / Advertising
Published by: Instytut Badań Rynku, Konsumpcji i Koniunktur
Keywords: China; consumers; culture;

Summary/Abstract: An aim of considerations is to present the attitude of the Chinese consumer towards luxury goods and services whose sales dynamics is one of the highest in the world. The author focuses on explanation of this phenomenon from the cultural perspective, quite seldom treated in the press and literature, though it is proper to note that especially in the English-language literature these topics gain, for some time past, importance. To have a fuller picture of this phenomenon, the author touches also the issues of the middle class and economic factors. The research hypothesis says that the Chinese consumer more and more readily use luxury goods and services. The research methodology used in the study is based on literature studies with the use of deductive reasoning. We should notice that the touched problems are an element of know-how of transnational corporations and for this reason they are not accessible wider. The research reveals that luxury goods and services in the Chinese market gain greater and greater success, what is influenced by cultural factors. Practical implications if the research findings allow entrepreneurs for keeping their position in the Chinese market and profit maximisation, while social implications show the importance of culture(s) in the society. The article is of the research nature.

  • Issue Year: 358/2015
  • Issue No: 5
  • Page Range: 240-251
  • Page Count: 12
  • Language: Polish