MARKET OF A LUXURY GOODS AND SERVICES IN ENGLAND
DOI:
https://doi.org/10.58246/sjeconomics.v31i4.75Abstract
The luxury goods and services market has always been an important sector of the England economy. Consumers' decisions to buy exclusive goods are a result from historical, economic, cultural and geographic conditions. Customers of a luxury goods in England have much in common, but they have completely different motives that guide them when they buy luxury goods. The article aims are to clarify what is the luxury for English customers, what are its determinants and what makes them feel the product is an exclusive item. The most important goal of the article is to specify the reasons why the British buy luxury goods.
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