Welcome to Jeff king Luxurious:
The “psychological cost of luxury” takes away any happiness and enjoyment that someone would otherwise get from purchases. luxury may end up inadvertently backfiring on consumers and undermining their confidence and power Quality and luxury should not be confused. Most luxury products are made for recognition and, most importantly, for quality. Naturally, the quality of luxury products is superior as a result of reflected in price. The more expensive a product is the more luxurious is considered. Key identifiers of luxury brands are high quality, expensive and non-essential products and services that appear to be rare, exclusive, prestigious, and authentic and offer high levels of symbolic and emotional/hedonic values through customer experiences.