According to a survey conducted by Rakuten Insight in July 2024, approximately 49 percent of respondents in India reported that they relied on social media as their primary source of information about luxury brand goods. In contrast, less than 15 percent of respondents turned to blogs and newspapers. The survey also indicated that around 21 percent of respondents reported purchasing luxury goods once a year.
Information channel for luxury goods brands in India as of July 2024
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Rakuten Insight. (September 3, 2024). Information channel for luxury goods brands in India as of July 2024 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1491554/india-information-channel-for-luxury-goods-brands/
Rakuten Insight. "Information channel for luxury goods brands in India as of July 2024." Chart. September 3, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1491554/india-information-channel-for-luxury-goods-brands/
Rakuten Insight. (2024). Information channel for luxury goods brands in India as of July 2024. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1491554/india-information-channel-for-luxury-goods-brands/
Rakuten Insight. "Information Channel for Luxury Goods Brands in India as of July 2024." Statista, Statista Inc., 3 Sep 2024, https://www.statista.com/statistics/1491554/india-information-channel-for-luxury-goods-brands/
Rakuten Insight, Information channel for luxury goods brands in India as of July 2024 Statista, https://www.statista.com/statistics/1491554/india-information-channel-for-luxury-goods-brands/ (last visited November 21, 2024)
Information channel for luxury goods brands in India as of July 2024 [Graph], Rakuten Insight, September 3, 2024. [Online]. Available: https://www.statista.com/statistics/1491554/india-information-channel-for-luxury-goods-brands/