Second-generation wealthy
Posted by jim king on Friday, March 18, 2011
Why China becomes the biggest luxury goods market so quickly? The reason is the average age of luxury goods consumers in China is relatively low, between 25 and 40,Gucci backpack while in the West the middle-aged and elderly are the main consumers of luxuries.
Are these young people all among the ¡°second-generation rich?¡± It seems not. A fairly large proportion of them in fact belong to low-income groups. They scrimp and save for months to buy bags priced at thousands or even tens of thousands of yuan. And then,gucci outlet toting their status items, they climb onto crowded urban buses.
This kind of consumption is abnormal. Wealthy people generally seek comfort rather than famous brands,Gucci evening because they are confident about themselves. By contrast, those who need a gucci outlet online to swagger through a shopping mall or have coffee with their girlfriends are like peacocks, Gucci hobosmore gaudy than confident.
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This kind of consumption is abnormal. Wealthy people generally seek comfort rather than famous brands,Gucci evening because they are confident about themselves. By contrast, those who need a gucci outlet online to swagger through a shopping mall or have coffee with their girlfriends are like peacocks, Gucci hobosmore gaudy than confident.