Luxury as a Sustainable Service: A Push–Pull–Mooring Perspective

Author:

Agrawal Gautam1ORCID,Rathi Rubal2ORCID,Garg Ruchi2ORCID

Affiliation:

1. Faculty, FOSTIIMA Business School, New Delhi, Delhi, India

2. School of Management, BML Munjal University, Gurugram, Haryana, India

Abstract

With the rapidly changing global landscape on sustainability, the luxury industry is now embracing circularity in consumption. Similarly, consumers are also evolving and changing the way they consume luxury by shifting from ownership-based models to access-based models. To uncover the underlying notions of sustainability in luxury, this conceptual article proposes the luxury as a sustainable service (LaSS) framework. It analyses consumers’ adoption of access-based, second-hand and co-ownership-based luxury models that are sustainable in their core. The study also attempts to advance the push–pull–mooring (PPM) theory by grounding the LaSS framework that further substantiates why consumers shift (or not) towards sustainable luxury. We identify push factors (voluntary conscious lifestyle, social norms, emotions of gratitude), pull factors (pro-environment behaviour, mindful consumption, warm glow) and mooring factors (materialism, social status, hedonic values, sunk cost) that play a key role in the transition of consumers towards adoption of LaSS. The LaSS framework has immense scope of being empirically tested and deeply fathom the fast-changing luxury consumer behaviour in a nuanced manner. Luxury practitioners can refer to the LaSS framework to formulate better strategies for consumers who are ready to adopt a sustainable luxury consumption regime.

Publisher

SAGE Publications

Subject

Strategy and Management,Business and International Management

Cited by 3 articles. 订阅此论文施引文献 订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献

同舟云学术

1.学者识别学者识别

2.学术分析学术分析

3.人才评估人才评估

"同舟云学术"是以全球学者为主线,采集、加工和组织学术论文而形成的新型学术文献查询和分析系统,可以对全球学者进行文献检索和人才价值评估。用户可以通过关注某些学科领域的顶尖人物而持续追踪该领域的学科进展和研究前沿。经过近期的数据扩容,当前同舟云学术共收录了国内外主流学术期刊6万余种,收集的期刊论文及会议论文总量共计约1.5亿篇,并以每天添加12000余篇中外论文的速度递增。我们也可以为用户提供个性化、定制化的学者数据。欢迎来电咨询!咨询电话:010-8811{复制后删除}0370

www.globalauthorid.com

TOP

Copyright © 2019-2024 北京同舟云网络信息技术有限公司
京公网安备11010802033243号  京ICP备18003416号-3