Conspicuous ConsumptionFeedback.png


Conspicuous consumption is a term coined by economist and sociologist Thorstein Veblen. This phrase describes consumption for the sake of displaying to others wealth, power, or prestige. Usually it is applied to expensive or luxury goods rather than everyday items.[1] For more information, see the Wikipedia entry titled "Conspicuous consumption."

See also


  1. ^ American Marketing Association. AMA Dictionary.

We welcome comments that will help us improve the precision and clarity of our definitions. To submit a suggestion, please click on the Add Discussion bar below.
  • Comments are limited to registered users of this site. Click “Join” at the top right hand side of this page to apply.
  • If you would like to suggest a new marketing definition or have a general comment, please visit our home page.