“…In recent years the reason why people buy luxury products, value-based luxury perceptions and the basic incentive factors are emphasized in studies when explaining luxury concept (Nwankwo et al, 2014;Shukla, 2012;Shukla & Purani, 2012;Hennigs et al, 2012;Li et al, 2012;Souiden et al, 2011: Sun, 2011Tynan et al, 2010;Berthon et al, 2009;Vigneron & Johnson, 2004;Vickers & Renand, 2003). The dimensions of luxury value stand as functional, experimental, symbolic, financial, individual, social, and utilitarian in the aforementioned studies.…”