Designing Brands & B...Ā ā¢Ā 1y
You have to trigger the survival instinct among your customers to generate more sales. 1. You donāt need luxury to survive. Right? or Wrong? Luxury brings status among neighbors, colleagues & relatives. So, companies like Louis Vuitton, and Mercedes sell you the status, not the product. 2. In most cases when people already have the basic resources like food, clothes & place to live. They want to save time & use the time in a better way. If your product is saving your clients time in some way, promote that. 3. To survive & thrive humans need to save money. Even billionaires negotiate prices while buying a jet. The saving money principle can be used in after-retirement financial services, banks, or in a grocery shop by giving discounts. 4. Building a social network to survive is a human instinct. Humans are scared of being lonely in the time of crisis. So, they become generous around people to build a tribe so that we can protect ourselves while in danger.
Founder & CEO at Bui...Ā ā¢Ā 1y
How Audemars Piguet become the status symbol even among the richest. This is because the brandās watches are so expensive that the last year they only sold 51,000 pieces as compared to other luxury watch brands. But still their revenue was $2.7 Bi
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Will become a inspir...Ā ā¢Ā 4m
āChasing the Dream: How Aspirational Marketing Elevates Luxury Brands to Iconsā Aspirational Marketing taps into consumersā desires to reach a higher social, financial, or lifestyle status. Luxury brands master this by showcasing not who the custo
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A strategy by Gucci's CEO, who reportedly burned $10 million worth of unsold luxury products to maintain the exclusivity of the brand. š¤Æš„ The decision to burn unsold products was part of Gucciās broader strategy to protect its brand image. By de
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ADJUVA LEGAL® ā¢Ā 1m
We Prepare for Weddings. Why Not Parenthood? š¶ In many countries, parenting classes are recommended or mandatory - especially during adoption, divorce, or custody proceedings. Not to teach you how to hold a baby. But how to hold space for one. ļæ½
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Everything about Mar...Ā ā¢Ā 4m
āThe Pricier, the Better: How the Veblen Effect Drives Luxury Brand Obsessionā The Veblen Effect is a psychological phenomenon where demand for a product increases as its price risesābecause the high price signals status, not just value. Luxury bran
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"Invest in our cutting-edge robotic cleaning machinesārevolutionizing hygiene with time-saving, efficient automation!" "I'm pitching our robotic cleaning machines to secure investment for scalable, time-saving automation that meets the growing deman
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āSold Out on Purpose: How Scarcity Makes Luxury Unstoppableā Luxury brands thrive on scarcityānot just in quantity, but in access. This isnāt accidental; itās psychological strategy. When a product is ālimited editionā or āby invitation only,ā it tr
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⨠Discover how Godrej Sora is shaping Gurgaonās luxury skyline. From world-class amenities to unmatched design, this project redefines premium living. Curious where it stands among the cityās top luxury addresses? Dive into the full comparison and ex
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