When consumers flaunt their wealth by buying expensive products and brands so that others will notice is referred to as "luxury badging" behavior.

Name: When consumers flaunt their wealth by buying expensive products and brands so that others will notice is referred to as "luxury badging" behavior.
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Question

Quizplus · Accepted Answer

Luxury badging refers to the behavior where consumers purchase and display expensive items as a way to signal their wealth or social status to others.

When Consumers Flaunt Their Wealth by Buying Expensive Products and Brands