Study on the Impact of Luxury Brands Joining Up with New Style Tea Drinks on Consumers' Purchase Intention
DOI:
https://doi.org/10.54097/fbem.v11i2.12582Keywords:
Luxury brands, Combined with new style tea drinks, Consumers, Influence of purchase intention.Abstract
With the increasing popularity of new tea drinks, many luxury brands have teamed up to sell new tea drinks. This article conducts a study on the impact of luxury brands collaborating with new style tea drinks on consumers' purchasing intention. The analysis mainly focuses on the impact of brand cognition on consumer purchase intention, the impact of brand image cognition on brand value cognition, and the moderating effect of individual characteristics. Buying and using luxury brands is a symbol of social status, as well as a symbol of economic success and wealth. The introduction of innovative brand perception by new tea consumers into the field of time-honored brands for research is valuable and meaningful, and provides a theoretical basis for the impact path of "consumer perception of time-honored brand innovation - purchase intention" and "cultural identity - purchase intention" to be constructed in this article. This article adopts the method of multiple linear regression to verify the significant degree of the impact of luxury brand image cognition, luxury brand value cognition, and various dimensional variables on the purchase intention of new style tea consumers, as well as the strength of the effects of each variable.
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