Please use this identifier to cite or link to this item: http://hdl.handle.net/11718/24329
Title: Affordable luxury: perceptions
Authors: Jhunjhunwala, Avantika
Patil, Disha
Keywords: Luxury;Affordable luxury;Personality type;Consumer behavior
Issue Date: 2019
Publisher: Indian Institute of Management Ahmedabad
Abstract: Affordable luxury is an intriguing concept that is gaining huge momentum, especially amongst the millennials in developing nations. Affordable luxury, in our opinion, is seeking quality, bespoke products at an affordable price. It isn’t necessarily a huge bargain, but definitely a value for money for an exclusive experience. Airbnb and Uber are the most visible examples of products placed as an affordable luxury item in the market. While an Uber gives you a premium cab service, Airbnb promises you an authentic experience on your vacation at an affordable rate viz.-a-viz. a five-star hotel. It is interesting to note that, today affordable luxury brands are sprawling in every domain from travel, clothing, dining to even real estate.
URI: http://hdl.handle.net/11718/24329
Appears in Collections:Student Projects

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