Determinants of Consumer Willingness to Purchase Fashion Counterfeits

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Chapter 1: Introduction 1.0: Introduction Chapter 1 provides a general idea of the entire research postulated. This research seeks to identify determinants of consumers’ willingness to purchase counterfeit fashion products. First part of the chapter provides the general information of the study and identifies the research gap in this area of study. The later part of the chapter discusses on the purposes of the research and research questions, formulates the hypothesis, and identifies the importance of the study. 1.1: Research Background Counterfeiting is a widespread and important issue to be addressed throughout the globe. By definition, counterfeits are generally defined as products that are similar in the aspects of look, designing, packaging and features (Ha & Lennon, 2006). The most appealing and lucrative fashion products’ brands will usually catch the eyes of the counterfeiters which prompts them to produce counterfeit fashion products. All product categories specifically on fashion products ranging from clothes, footwear, accessories and watches are replicable by any given counterfeiter. Hence, it is obvious that counterfeiting has become a common phenomenon across the globe. Past studies have pointed out that 33% of the consumers would buy imitation products with consent (Tom et al., 1998; Phau et al., 2001). Demand of consumers for counterfeit product is part of the factors that leads to the presence and rapid increase of the counterfeiting trend (Gentry et al., 2001; Ang et al., 2001). According to Hargreaves (2012), The International Chamber of Commerce (ICC) expected that the global value of counterfeit products would be more than $1.7 billion, which constitute 2% to the approximate of the world’s total current economic output. This forecasted figure implies the fact that the counterfeit industry would continually experience gradual growth in

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