Proceedings of the Brawijaya International Conference on Economics, Business and Finance 2021 (BICEBF 2021)

Conspicuous Consumption on Gen Z in Indonesia

Authors
Dennis T1, *, Nurdin Sobari2
1,2University of Indonesia, Indonesia
*Corresponding author. Email: dennis.t@ui.ac.id
Corresponding Author
Dennis T
Available Online 28 January 2022.
DOI
10.2991/aebmr.k.220128.018How to use a DOI?
Keywords
Conspicuous Consumption; Social Media Usage; Self-Image; Self-Esteem; Luxury Brand; Luxury Goods; Gen Z
Abstract

Social media has become a primary need for Generation Z in Indonesia. The intensity of social media use in these generations assumes that Gen Z in Indonesia has conspicuous consumption in their lifestyle; one form of conspicuous consumption is the purchase of Luxury goods. One of the social media platforms used by Gen Z in Indonesia is YouTube Z. Study aims to find out the influence of conspicuous consumption as measured through several variables such as self-image, self-esteem, and social media usage. This research is a descriptive research and the type of data used is quantitative data. The population of this research is from Gen Z who have YouTube accounts and have bought unknown amounts of luxury goods. The sample in the study as a whole amounted to 210 respondents. The methods used are nonprobability sampling and accidental sampling techniques using the formula Maximum likelihood. Analysis of data used using PLS-SEM. This study showed that four of the constructed hypotheses were supported and one was rejected. The findings of this study show social media usage has a positive and significant effect on the self-image of Gen Z in Indonesia, self-image positively significant and influences conspicuous consumption for Gen Z in Indonesia, from the influence of mediation, it is found that self-image mediates social media relationships. Usage against conspicuous consumption with significant. Lastly, from the effect of moderation, self-esteem fails in moderating social media usage relationships to conspicuous consumption.

Copyright
© 2022 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article under the CC BY-NC license.

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Volume Title
Proceedings of the Brawijaya International Conference on Economics, Business and Finance 2021 (BICEBF 2021)
Series
Advances in Economics, Business and Management Research
Publication Date
28 January 2022
ISBN
978-94-6239-524-4
ISSN
2352-5428
DOI
10.2991/aebmr.k.220128.018How to use a DOI?
Copyright
© 2022 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Dennis T
AU  - Nurdin Sobari
PY  - 2022
DA  - 2022/01/28
TI  - Conspicuous Consumption on Gen Z in Indonesia
BT  - Proceedings of the Brawijaya International Conference on Economics, Business and Finance 2021 (BICEBF 2021)
PB  - Atlantis Press
SP  - 136
EP  - 142
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220128.018
DO  - 10.2991/aebmr.k.220128.018
ID  - T2022
ER  -