The Impact of Cognitive Age on Materialism, Status Consumption and Loyalty Proneness on the Indian Elderly

Document Type

Article

Publication Date

Spring 2017

Publication Title

Marketing Management Journal

ISSN

1534-973X

Abstract

This research found Indian seniors with a younger cognitive age to be more materialistic and more motivated to consume for status, but not significantly more loyalty prone. In terms of moderating variables, self-confidence as a moderator did impact the relationship between cognitive age and materialism as well as for loyalty proneness, but not for status consumption. In terms of social involvement, it had a moderating impact between cognitive age and materialism, status consumption, and loyalty proneness. This suggests the importance of social relationships for Indian elderly and the impact they have on consumption variables

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