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โChasing the Dream: How Aspirational Marketing Elevates Luxury Brands to Iconsโ Aspirational Marketing taps into consumersโ desires to reach a higher social, financial, or lifestyle status. Luxury brands master this by showcasing not who the customer isโbut who they want to become. Advertisements donโt sell products; they sell dreamsโglimpses of a life of elegance, influence, and exclusivity. Whether itโs a luxury car cruising a private island or a model walking through a gala in couture, the message is clear: โOwn this, and become this.โ Limited access, premium pricing, and elite ambassadors fuel that aspiration. Consumers donโt just buy luxuryโthey buy into the fantasy of a better, elevated self.
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โSell the Dream, Not the Thing: The Psychology of Aspirational Brandingโ Aspirational branding is about selling a lifestyle, not just a product. It speaks to who the customer wants to becomeโmore stylish, successful, confident, or free. Luxury bra
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ONE INTERESTING OBSERVATION SERIES DAY #16 Luxury goods consumers worldwide fall into five dominant groups, based on their motivations, profiles, values in luxury items, purchase reasoning, and age group. 1) Going Global: People in this group don
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trend of luxury brands entering the world of sports: * Luxury brands are increasingly partnering with athletes and sports teams to reach a broader audience and tap into the growing influence of athletes as cultural icons. * This trend is being dr
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As India's economy and cultural landscape continue to evolve, will the demand for luxury items mirror that of Western countries? Furthermore, can homegrown luxury brands thrive in India? Will people embrace Indian haute couture with the same passion
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You Might Not know this China is Exposing US Luxury Brands Using TikTok 1. Why China is Doing This China is leveraging TikTok to challenge US luxury brands for several reasons: Geopolitical Move: Part of the ongoing US-China trade and tech tension
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Smart brands know a secret: People don't buy on price, they buy on perceived value. Here's the winning formula: 1. Tap Into Dreams: Understand your audience's aspirational self. What do they want to look like, feel like, be like? Align every product
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Lowering price is the worst strategy to increase sales Smart brands know a secret: People don't buy on price, they buy on perceived value. Here's the winning formula: 1] Tap into dreams: Understand your audience aspirational self. What do they wa
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Imagine a platform where you write genuine reviews about a company's product or services and brands would get to know about the real problems consumers are facing. Also consumers can tell brands what they expect from them in terms of services Platfo
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