Abstract
Psycho-social environment affects cognitive dimensions and behavioral attributes of consumers, which alters the cognitive ergonomics of consumers towards consumption and develops discrete buying dispositions. Building upon personality and social comparison theory, and the literature review on conspicuous consumption, this study examines the causes and effects of inferiority feeling due to social comparison, which motivates consumers to reinforce the sense of ‘me too’ feeling and engage in conspicuous buying to stay at par or become superior to others in the society. The conspicuous buying behavior of consumers has been analyzed in this study in the context of intentions to buy high-value smart televisions among the low economic profile consumers in Mexico. This study contributes to the literature on retail productivity by measuring the triadic effect of quality of life, cognitive evolutions, and consumption pattern in emerging markets.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Similar content being viewed by others
References
Akdoğan, R., & Çimşir, E. (2019). Linking inferiority feelings to subjective happiness: Self-concealment and loneliness as serial mediators. Personality and Individual Differences, 149(1), 14–20.
Alnawas, I., & Altarifi, S. (2016). Exploring the role of brand identification and brand love in generating higher levels of brand loyalty. Journal of Vacation Marketing, 22(2), 111–128.
Antinyan, A., Horváth, G., & Jia, M. (2019). Social status competition and the impact of income inequality in evolving social networks: An agent-based model. Journal of Behavioral and Experimental Economics, 79(1), 53–69.
Bae, Y., & Chang, H. (2012). Adoption of smart TVs: A Bayesian network approach. Industrial Management & Data Systems, 112(6), 891–910.
Bandura, A. (1986). Social foundations of thought and action: A social cognitive theory. NJ Prentice Hall.
Bandura, A. (1997). Self-efficacy: The exercise of control. Freeman.
Bellenger, D. N., Steinberg, E., & Stanton, W. W. (1976). Congruence of store image and self-image as it relates to store loyalty. Journal of Retailing, 52(1), 17–32.
Belk, R. (2009). Sharing. Journal of Consumer Research, 36(5), 715–734.
Charles, K. K., Hurst, E., & Roussanov, N. (2009). Conspicuous consumption and race. Quarterly Journal of Economics, 124, 425–467.
Cho, E., & Fiore, A. (2015). Conceptualization of a holistic brand image measure for fashion-related brands. Journal of Consumer Marketing, 32(4), 255–265.
Dittmar, H., Beattie, J., & Friese, S. (1995). Gender identity and material symbols: Objects and decision considerations in impulse purchases. Journal of Economic Psychology, 16(3), 491–511.
Foroudi, P., Melewar, T. C., & Gupta, S. (2014). Linking corporate logo, corporate image, and reputation: An examination of consumer perceptions in the financial setting. Journal of Business Research, 67(11), 269–2281.
Geels, F. W., & Johnson, V. (2018). Towards a modular and temporal understanding of system diffusion: Adoption models and socio-technical theories applied to Austrian biomass district-heating (1979–2013). Energy Research and Social Science, 38(1), 138–153.
Ghiglino, C., & Goyal, S. (2010). Kee** up with the neighbors: Social interaction in a market economy. Journal of European Economic Association, 8(1), 90–119.
Gil, L. A., Kwon, K. N., Good, L. K., & Johnson, L. W. (2012). Impact of self on attitudes toward luxury brands among teens. Journal of Business Research, 65(10), 1425–1433.
Green, G. T., Gordell, H. K., & Betz, G. J. (2006). Construction and validation of the national survey on recreation and the environment’s lifestyles scale. Journal of Leisure Research, 38(4), 513–535.
Grisaffe, D. B., & Nguyen, H. P. (2011). Antecedents of emotional attachment to brands. Journal of Business Research, 64(10), 1052–1059.
Hanley, A. W., & Garland, E. L. (2017). Clarity of mind: Structural equation modeling of associations between dispositional mindfulness, self-concept clarity and psychological well-being. Personality and Individual Differences, 106(3), 334–339.
Han, Y. J., Nunes, J. C., & Drèze, X. (2010). Signaling status with luxury goods: The role of brand prominence. Journal of Marketing, 74(4), 15–30.
He, H., & Mukherjee, A. (2007). I am, Ergo I shop: Does store image congruity explain shop** behavior of Chinese consumers? Journal of Marketing Management, 23(5–6), 443–460.
Hirschman, E. C., & Holbrook, M. B. (1982). Hedonic consumption: Emerging concepts, methods and propositions. Journal of Marketing, 46(1), 92–101.
Immorlica, N., Kranton, R., Manea, M., & Stoddard, G. (2017). Social status in networks. American Economic Journal: Microeconomics, 9(1), 1–30.
Jiang, Z., & Benbasat, I. (2007). Research note—Investigating the influence of the functional mechanisms of online product presentations. Information Systems Research, 18, 454–470.
Kastanakis, M. N., & Balabanis, G. (2014). Explaining variation in conspicuous luxury consumption: An individual differences’ perspective. Journal of Business Research, 67(10), 2147–2154.
Kemp, R., & Volpi, M. (2008). The diffusion of clean technologies: A review with suggestions for future diffusion analysis. Journal of Cleaner Production, 16(1), S14-21.
Kim, K. H., Ko, E., Xu, B., & Han, Y. (2012). Increasing customer equity of luxury fashion brands through nurturing consumer attitude. Journal of Business Research, 65(10), 1495–1499.
Martínez-Domínguez, M. & Mora-Rivera, J. (2020). Internet adoption and usage patterns in rural Mexico. Technology in Society, 60. https://doi.org/10.1016/j.techsoc.2019.101226.
Moon, C. S., & Choi, M. J. (2010). The explanatory study on the effect of smart TV appearance on domestic broadcasting environment. Broadcasting and Telecommunication Studies, Winter, 147–170.
Morgan, C., & Levy, D. (2002). Psychographic segmentation. Communication World, 20(1), 22–26.
Morrison, K. R., & Johnson, C. S. (2011). When what you have is who you are: Self-uncertainty leads individualists to see themselves in their possessions. Personality and Social Psychology Bulletin, 37(5), 639–651.
Papagiannidis, S., Bourlakis, M., Alamanos, E., & Dennis, C. (2017). Preferences of smart shop** channels and their impact on perceived wellbeing and social inclusion. Computers in Human Behavior, 77, 396–405.
Quelch, J. A., & Jocz, K. E. (2009). How to Market in a Downturn. Harvard Business Review, 87(4), 52–62.
Rogers, E. M. (2003). Diffusion of innovations (5th ed.). Free Press.
Rucker, D. D., & Galinsky, A. D. (2008). Desire to acquire: Powerlessness and compensatory consumption. Journal of Consumer Research, 35(3), 257–267.
Ryabov, I. (2016). Conspicuous consumption among Hispanics: Evidence from the Consumer Expenditure Survey. Research in Social Stratification and Mobility, 44(1), 68–76.
Schunk, D. H., & DiBenedetto, M. K. (2020). Motivation and social cognitive theory. Contemporary Educational Psychology, 60, Art 101832. https://doi.org/10.1016/j.cedpsych.2019.101832
Schwantes, M., McKinney, C., & Hannibal, N. (2014). Music therapy's effects on levels of depression, anxiety, and social isolation in Mexican farmworkers living in the United States: A randomized controlled trial. The Arts in Psychotherapy, 41 (1), 120–126.
Shavitt, S., Jiang, D., & Cho, H. (2016). Stratification and segmentation: Social class in consumer behavior. Journal of Consumer Psychology, 26(4), 583–593.
Siedlecki, K. L., Salthouse, T. A., Oishi, S., & Jeswani, S. (2014). The relationship between social support and subjective well-being across age. Social Indicators Research, 117, 561–576.
Ting, H., Thaichon, P., Chuah, F., & Tan, S. R. (2019). Consumer behaviour and disposition decisions: The why and how of smartphone disposition. Journal of Retailing and Consumer Services, 51(2), 212–220.
Veblen, T. & Banta, M. (2009). The theory of the leisure class. Reissued. Oxford World’s Classics, Oxford University Press.
Woodruffe-Burton, H., & Elliott, R. (2005). Compensatory consumption and narrative identity theory. Advances in Consumer Research, 32, 461–462.
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2024 Academy of Marketing Science
About this paper
Cite this paper
Rajagopal (2024). “Wanna Be Like You”: Comparing Lifestyles to Grow with Latent Desires. In: Jeseo, V., Allen, J. (eds) Welcome to The New Normal: Life After The Chaos. AMSAC 2023. Developments in Marketing Science: Proceedings of the Academy of Marketing Science. Springer, Cham. https://doi.org/10.1007/978-3-031-49039-2_8
Download citation
DOI: https://doi.org/10.1007/978-3-031-49039-2_8
Published:
Publisher Name: Springer, Cham
Print ISBN: 978-3-031-49038-5
Online ISBN: 978-3-031-49039-2
eBook Packages: Business and ManagementBusiness and Management (R0)