High purchasing power does not automatically make a brand the first choice. For upper-class consumers, the decision to buy a premium product still depends on a range of considerations, from quality, liking for the brand, and suitability to their needs, to how the product supports their appearance.
In the Indonesian market, this behavior is worth observing. Kantar Worldpanel (2025) recorded 7.6% growth in Indonesian household spending, with upper-class consumers contributing to that growth. However, spending growth does not directly explain how this group decides which products are worth buying.
More specific clues appear in the Indonesia Luxury Lifestyle Report 2026 by Pinnacle Analytics Indonesia. In a survey of 305 respondents with personal spending of at least IDR 20 million per month, 78% said they have no particular brand preference and choose based on their needs at the time.
This finding offers an interesting perspective for industry players. Consumers with high purchasing power are not always fixated on a single brand. To understand their choices, attention needs to be directed to the reasons behind their purchasing decisions.
So what considerations emerge from the data, and how do these findings help brands understand upper-class consumers?
