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Materialism, status consumption, and consumer independence.

Ronald Earl Goldsmith1, Ronald A Clark

  • 1Florida State University, Department of Marketing, 821 Academic Way, Tallahassee, FL 32306-1110, USA. rgoldsmith@cob.fsu.edu

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Materialism drives consumers toward status products and away from independent choices. This study reveals that seeking social status through purchases mediates the link between materialism and reduced consumer independence.

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Area of Science:

  • Consumer Psychology
  • Sociology

Background:

  • Materialism significantly shapes consumer behavior, particularly regarding social influence and product choices.
  • Understanding the interplay between materialism, status consumption, and consumer independence is crucial in marketing and behavioral economics.

Purpose of the Study:

  • To investigate the relationship between materialism, status consumption, and consumer independence among student consumers.
  • To examine the mediating role of status consumption in the association between materialism and consumer independence.

Main Methods:

  • Two studies were conducted with U.S. student consumers (N=187 and N=258).
  • Data were collected through surveys assessing materialism, status consumption, and consumer independence.
  • Statistical analyses were used to determine the relationships and mediation effects.

Main Results:

  • Materialism positively correlates with consuming products for status.
  • Materialism negatively correlates with consumer independence.
  • Status consumption fully mediates the relationship between materialism and consumer independence.
  • Less materialistic, independent consumers tend to avoid status-seeking through goods.

Conclusions:

  • Materialism encourages status consciousness and adherence to social purchasing norms.
  • Consumers driven by materialism prioritize social standing over personal preferences.
  • Consumer independence is diminished by a focus on acquiring status through products.