As technology advances and consumers’ lifestyles diversify, consumer value is also changing. Compared to the past, which consumers emphasized product quality and performance, nowadays consumers are considering values such as sensory experience, soci...
As technology advances and consumers’ lifestyles diversify, consumer value is also changing. Compared to the past, which consumers emphasized product quality and performance, nowadays consumers are considering values such as sensory experience, social bonding and self-actualization important, and this current trend is accelerating the transition from functional value to emotional value.
Due to these changes in the market environment, in order to fulfill consumers’ psychological satisfaction, companies are paying attention to art collaboration, which can emphasize the aesthetic and emotional aspects of the product. Art collaboration was actively adopted overseas in various industries early on. Recently in Korea as well, since ‘artsumer(art+consumer)’ who tries to fulfill cultural satisfaction through consumption has emerged, art collaboration products from various industries have been released. Especially in fashion industry, where visual effects are significant, many brands are focusing on establishing differentiated brand value by combining artists’ creativity and originality with their products in order to fulfill fashion consumers’ desire for emotional and artistic experience.
While art collaboration cases in the fashion industry are increasing, academic research regarding this subject is insufficient. Therefore, in order to differentiate from preceding studies, this thesis tried to empirically analyze the effect of attributes of art collaboration products on consumers’ brand attitude and purchase intention in the fashion industry by fragmenting fashion brands by brand concept.
To this end, this study conducted an online survey for 250 respondents based on a questionnaire composed of cases regarding Samsonite, which is the most representative function-oriented brand in the fashion industry, and Louis Vuitton, which is the most representative prestige-oriented brand in the fashion industry. Survey results were analyzed by conducting linear regression analysis and Chow test with the SPSS 25.0 program.
The study results are as follows.
First of all, this study verified that aesthetics and symbolism among the attributes of art collaboration products are key factors that affect consumers’ brand attitude. On the other hand, originality and scarcity did not affect consumers’ brand attitude. Secondly, it was confirmed that brand attitude is an important factor that influences consumers’ purchase intention. Third, aesthetics and symbolism among the attributes of art collaboration products are significant factors that affect consumers’ purchase intention, while originality and scarcity did not affect consumers’ purchase intention which is the same result with the case of brand attitude. Finally, there was no difference in the effects of art collaboration product attributes on consumers’ brand attitude and purchase intention according to brand concept.
The implications of this study are as follows.
First of all, unlike preceding studies that mainly dealt with utilitarian goods’ packaging, moderating effect of brand concept did not appear in the fashion industry because fashion products are hedonic goods. Secondly, in case of art collaboration in the fashion industry, aesthetics and symbolism are consumers’ main purchasing factors regardless of brand concept. Therefore, in case of collaborating with fashion brands, artists should collaborate in a way that enhances the aesthetics which matches the product. In other words, when conducting art collaboration in the fashion industry, it is necessary to proceed art collaboration emphasizing the aesthetics based on an accurate understanding of the brand and its products. Finally, obscure or emerging artists need to seek out other collaboration strategies, such as looking for art collaborations in utilitarian goods industries rather than in fashion industry.
This study differs from the preceding studies which generally discussed about art collaboration, since it specifically analyzed art collaboration in the fashion industry, and will be used as an opportunity to promote academic research on art collaboration in the fashion industry. Furthermore, it is expected to serve as a guideline to artists and all interested parties in the fashion industry, which provides the direction and strategy of art collaboration that can enhance consumers’ brand attitude and purchase intention.