Select the top 3 factors that play into how you personally define luxury (luxury item, luxury experience, etc.)
| Answer | Count | Percent |
|
Price - How much you spend | 451 | 45.1% |
|
Quality - Higher than the normal or standard | 520 | 52% |
|
Celebrity Influence – If celebs are promoting or wearing it | 144 | 14.4% |
|
Social Media Influence – If is talked about on social media | 133 | 13.3% |
|
Availability/Accessibility of purchase – How easy (or not) it is to get | 211 | 21.1% |
|
Indulgence Purchases – How often you personally can or do purchase | 254 | 25.4% |
|
Customization/Limited Editions – How rare the item is | 177 | 17.7% |
|
Brand Recognition – How known the brand is | 273 | 27.3% |
|
Status/Elite Membership – If the brand has exclusivity or status attached to membership | 263 | 26.3% |
|
Long-Term Investment – If the item increases value over time | 206 | 20.6% |
|
|---|---|---|---|---|---|---|---|---|
| Total | 2632 | n = 1000 |
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