The relationship between the perception of luxury consumption and internal and external values: The case of Uşak

Luxury has been expressed in different definitions under the influence of historical and cultural events from past to present, and has turned into a phenomenon that varies from person to person. Today, a much different concept of luxury, defined as the new luxury, has emerged in line with the innovations brought by the age and the different demands of the generations that make up the society. In this context, the purpose of this study is to examine the relationship between luxury consumption perception and internal and external values. In other words, it is aimed to determine the current brand loyalty of consumers to luxury brands and products in various sectors in the market, and to predict the situation that will occur in luxury consumption preferences in the short and medium term. For these purposes, a questionnaire was applied to 453 people between the ages of 18-65 and living in Uşak. As a result of the analysis, a positive and statistically significant relationship was found between the new luxury perception and traditional luxury perception and internal and external values. The study also revealed that the new luxury perception and traditional luxury perception differ according to the demographic characteristics of the consumers.