Journal of Performance Management
2023, Volume 1, Issue 4 : 1-8
Research Article
Consumer Aspiration and Global Brands in Developing Countries: Meanings, Mechanisms, and Market Outcomes
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1
Department of International Business, University of Dhaka, Bangladesh
2
School of Management, Universidad de Buenos Aires, Argentina
3
School of Economics and Management, Tsinghua University, China
4
Department of Management Studies, Indian Institute of Management (IIM), India
5
Graduate School of Business, University of Pretoria, South Africa
Abstract

: Consumer aspiration has emerged as a powerful driver of consumption patterns in developing countries, shaping how individuals perceive, desire, and adopt global brands. Rapid urbanization, rising middle classes, digital connectivity, and exposure to global media have transformed aspirations from survival-oriented goals to identity-driven pursuits. Global brands often function as symbolic resources through which consumers express social mobility, modernity, and global belonging. This research article examines the conceptual foundations of consumer aspiration, the socio-cultural and economic factors influencing aspirational consumption in developing economies, and the strategic responses of global brands. Drawing on theories of consumer culture, social comparison, and self-congruity, the paper proposes an integrated framework linking aspiration to brand perception, purchase intention, and loyalty. It also discusses ethical considerations, including overconsumption, cultural homogenization, and inequality. The study contributes to international marketing literature by clarifying aspiration-driven brand dynamics and offering managerial insights for responsible and context-sensitive global branding strategies.

 

 

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