IDEAS home Printed from https://ideas.repec.org/a/wly/jjmath/v2022y2022i1n4870685.html

Quantitative Analysis of Regional Luxury Brand Marketing Using Logit Model

Author

Listed:
  • Xianfeng Chen

Abstract

The luxury consumer market in my country is developing rapidly. However, due to the differences in the culture and consumer psychology of different regions in my country, the marketing status of luxury goods in my country will be different in different regions. Under the premise of analyzing consumer groups, it deeply analyzes the factors that affect the luxury consumption psychology of Chinese consumers, expounds this psychological state, and then analyzes the problems existing in my country’s luxury goods marketing. Finally, based on consumer psychology, suggestions on luxury marketing related to these issues have been put forward. In addition, quantitative research on marketing and how to psychologically open a new chapter of marketing in the luxury goods industry have always been the core themes that foreign marketing researchers will continue to explore for a long time. The logo model is an excellent analysis in this process. By introducing the principles of the logo model and applying this model to the empirical study of domestic consumers’ choice of a specific luxury brand, it is shown that the logo model can be used to analyze many problems in marketing research. More useful quantitative information is undoubtedly of great benefit to the academic research of marketing and the practice of marketing management.

Suggested Citation

  • Xianfeng Chen, 2022. "Quantitative Analysis of Regional Luxury Brand Marketing Using Logit Model," Journal of Mathematics, John Wiley & Sons, vol. 2022(1).
  • Handle: RePEc:wly:jjmath:v:2022:y:2022:i:1:n:4870685
    DOI: 10.1155/2022/4870685
    as

    Download full text from publisher

    File URL: https://doi.org/10.1155/2022/4870685
    Download Restriction: no

    File URL: https://libkey.io/10.1155/2022/4870685?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Rui Chen & Hai Jiang, 2020. "Capacitated assortment and price optimization under the nested logit model," Journal of Global Optimization, Springer, vol. 77(4), pages 895-918, August.
    2. Kong, Hyun Min & Witmaier, Alexander & Ko, Eunju, 2021. "Sustainability and social media communication: How consumers respond to marketing efforts of luxury and non-luxury fashion brands," Journal of Business Research, Elsevier, vol. 131(C), pages 640-651.
    3. Ko, Eunju & Costello, John P. & Taylor, Charles R., 2019. "What is a luxury brand? A new definition and review of the literature," Journal of Business Research, Elsevier, vol. 99(C), pages 405-413.
    4. Bachmann, Frank & Walsh, Gianfranco & Hammes, Eva K., 2019. "Consumer perceptions of luxury brands: An owner-based perspective," European Management Journal, Elsevier, vol. 37(3), pages 287-298.
    5. Sindy Liu & Patsy Perry & Gregory Gadzinski, 2019. "The implications of digital marketing on WeChat for luxury fashion brands in China," Journal of Brand Management, Palgrave Macmillan, vol. 26(4), pages 395-409, July.
    6. Riza Emekter & Yanbin Tu & Benjamas Jirasakuldech & Min Lu, 2015. "Evaluating credit risk and loan performance in online Peer-to-Peer (P2P) lending," Applied Economics, Taylor & Francis Journals, vol. 47(1), pages 54-70, January.
    7. Jacob Feldman & Huseyin Topaloglu, 2015. "Bounding Optimal Expected Revenues for Assortment Optimization under Mixtures of Multinomial Logits," Production and Operations Management, Production and Operations Management Society, vol. 24(10), pages 1598-1620, October.
    8. Paat Rusmevichientong & Huseyin Topaloglu, 2012. "Robust Assortment Optimization in Revenue Management Under the Multinomial Logit Choice Model," Operations Research, INFORMS, vol. 60(4), pages 865-882, August.
    9. Evermann, Joerg & Tate, Mary, 2016. "Assessing the predictive performance of structural equation model estimators," Journal of Business Research, Elsevier, vol. 69(10), pages 4565-4582.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Flores, Alvaro & Berbeglia, Gerardo & Van Hentenryck, Pascal, 2019. "Assortment optimization under the Sequential Multinomial Logit Model," European Journal of Operational Research, Elsevier, vol. 273(3), pages 1052-1064.
    2. Zhang, Le & Azadeh, Shadi Sharif & Jiang, Hai, 2025. "Exact and heuristic algorithms for cardinality-constrained assortment optimization problem under the cross-nested logit model," European Journal of Operational Research, Elsevier, vol. 324(1), pages 183-199.
    3. Sharma, Amalesh & Soni, Mauli & Borah, Sourav Bikash & Haque, Tanjum, 2022. "From silos to synergies: A systematic review of luxury in marketing research," Journal of Business Research, Elsevier, vol. 139(C), pages 893-907.
    4. Kumar, Jitender, 2024. "Psychological mechanisms behind access-based luxury brand consumption: Empirical investigation from the lens of new ownership paradigm," Journal of Business Research, Elsevier, vol. 175(C).
    5. Ali Aouad & Danny Segev, 2021. "Display Optimization for Vertically Differentiated Locations Under Multinomial Logit Preferences," Management Science, INFORMS, vol. 67(6), pages 3519-3550, June.
    6. Mrad, Mona & Semaan, Rania W. & Christodoulides, George & Prandelli, Emanuela, 2025. "Give me a second life! Extending the life-span of luxury products through repair," Journal of Retailing and Consumer Services, Elsevier, vol. 82(C).
    7. Pedro, Yael & Friedmann, Enav & Loureiro, Sandra Maria Correia, 2024. "High-end fashion as a social phenomenon: Exploring the perceptions of designers and consumers," Journal of Retailing and Consumer Services, Elsevier, vol. 79(C).
    8. C. I. Chiang, 2023. "Availability control under online reviews in hospitality," Journal of Revenue and Pricing Management, Palgrave Macmillan, vol. 22(5), pages 385-398, October.
    9. Christodoulides, George & Athwal, Navdeep & Boukis, Achilleas & Semaan, Rania W., 2021. "New forms of luxury consumption in the sharing economy," Journal of Business Research, Elsevier, vol. 137(C), pages 89-99.
    10. Çömez-Dolgan, Nagihan & Moussawi-Haidar, Lama & Jaber, Mohamad Y. & Cephe, Ecem, 2022. "Capacitated assortment planning of a multi-location system under transshipments," International Journal of Production Economics, Elsevier, vol. 251(C).
    11. Uzma Mushtaque & Jennifer A. Pazour, 2020. "Random Utility Models with Cardinality Context Effects for Online Subscription Service Platforms," Journal of Revenue and Pricing Management, Palgrave Macmillan, vol. 19(4), pages 276-290, August.
    12. Çömez-Dolgan, Nagihan & Dağ, Hilal & Fescioglu-Unver, Nilgun & Şen, Alper, 2023. "Multi-plant manufacturing assortment planning in the presence of transshipments," European Journal of Operational Research, Elsevier, vol. 310(3), pages 1033-1050.
    13. Mehrani, Saharnaz & Sefair, Jorge A., 2022. "Robust assortment optimization under sequential product unavailability," European Journal of Operational Research, Elsevier, vol. 303(3), pages 1027-1043.
    14. Strauss, Arne K. & Klein, Robert & Steinhardt, Claudius, 2018. "A review of choice-based revenue management: Theory and methods," European Journal of Operational Research, Elsevier, vol. 271(2), pages 375-387.
    15. Vincenzo Basile & Amélia Brandão & Mariana Ferreira, 2024. "Does user-generated content influence value co-creation in the context of luxury fashion brand communities? Matching inclusivity and exclusivity," Italian Journal of Marketing, Springer, vol. 2024(4), pages 419-444, December.
    16. Hoang Giang Pham & Tien Mai, 2025. "Constrained Assortment and Price Optimization under Generalized Nested Logit Models," Papers 2601.04220, arXiv.org.
    17. Hoang Giang Pham & Thuy Anh Ta & Tien Mai, 2025. "An exponential cone integer programming and piece-wise linear approximation approach for 0-1 fractional programming," Journal of Combinatorial Optimization, Springer, vol. 49(5), pages 1-16, July.
    18. Mingfeng Tang & Mei Mei & Cuiwen Li & Xingyang Lv & Xushuang Li & Lihao Wang, 2020. "How does an individual’s default behavior on an online peer-to-peer lending platform influence an observer’s default intention?," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 6(1), pages 1-20, December.
    19. Wolfgang Pointner & Burkhard Raunig, 2018. "A primer on peer-to-peer lending: immediate financial intermediation in practice," Monetary Policy & the Economy, Oesterreichische Nationalbank (Austrian Central Bank), issue Q3/18, pages 36-51.
    20. Zhou Rongxi & Xiong Yahui & Wang Ning & Wang Xizu, 2019. "Coupling Degree Evaluation of China’s Internet Financial Ecosystem Based on Entropy Method and Principal Component Analysis," Journal of Systems Science and Information, De Gruyter, vol. 7(5), pages 399-421, October.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wly:jjmath:v:2022:y:2022:i:1:n:4870685. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: https://onlinelibrary.wiley.com/journal/1469 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.