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Consumer behavior in purchasing luxury goods during an economic crisis

A case study of United Arab Emirates Millennials

Primary research: Questionare of locals from United Arab emirates
Secondary research: Academic sources

  • Introduction (500 words)
  • Methodology (700 words)
  • Abstract (100 words)
  1. Literature Review (1000-1500 words) :
    What is the impact of various economic and financial crisis on the consumption of the luxury goods?
  • Define luxury goods
  • Various types of luxury goods
  • Data and trend/ examples of the impact of the financial crisis on consumption behavior, include the impact of
    financial crisis on consumption of luxury brand in United Arab Emirates
  • Determinants of these changes in consumption behavior, rich/ gov support/ family/ young/ savings/ old/ sick
  • How would various government support would have an impact on this consumption behavior during a crisis?
  1. Finding and discussion (1300-1500 words):
    What is the impact of the most recent crisis (Covid-19) on the consumption of the luxury goods for UAE
    millennials?
  • Analyze data of Questionnaire of locals only (see attached document)
  • The Rational behind choosing UAE as case study
  1. What are the new habits consumers can inquire because of the new regulations in relations to shopping,
    attending events?

Sample Solution