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Ego marketing can be especially effective in sectors like luxury goods or education, where status and recognition are top priorities for customers
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Ego Marketing: How to Use Pride to Power Your Brand Everyone likes to feel important, and thatโs where ego marketing comes in. Itโs about tapping into the human desire for recognition, validation, status and belonging. Hereโs how it works: 1. Highlig
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Why Luxury Jewelry is an Everlasting Market? The luxury jewelry industry isnโt just about aestheticsโitโs a $300B+ market driven by legacy, craftsmanship, and investment value. Unlike fast-moving consumer goods, high-end pieces appreciate over time,
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โSold Out on Purpose: How Scarcity Makes Luxury Unstoppableโ Luxury brands thrive on scarcityโnot just in quantity, but in access. This isnโt accidental; itโs psychological strategy. When a product is โlimited editionโ or โby invitation only,โ it tr
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Kannauj, Uttar Pradesh, known as Indiaโs โPerfume Capital,โ has a 1,000-year-old tradition of crafting attars and essential oils. With access to premium natural ingredients like Mysore Sandalwood, Jasmine, Vetiver, and Indian Oud, it has the potentia
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India is planning to change the GST system from four slabs to just two. The 12% slab will come down to 5%, the 28% slab will drop to 18%, and luxury or sin goods could be taxed at a new 40% rate. This is one of the biggest tax changes since GST start
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"Did you know? Earth's annual GDP is 900 Lakh Crores ($10.7 trillion) & valuation is 2.8 Lakh Lakh Crores($332 trillion) You may ask,why does it matter to me? As an early-stage entrepreneur, remember: "The larger the sector,The higher the Impact, T
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๐ช๐ต๐ ๐ถ๐ ๐๐ต๐ฒ ๐๐ผ๐ฐ๐ฎ-๐๐ผ๐น๐ฎ ๐น๐ฎ๐ฏ๐ฒ๐น ๐ฟ๐ฒ๐ฑ? Because every brand color conveys some meaning which connects the customers emotionally ๐ค โณ Emotional Influence: Colors evoke emotions; e.g., Coca-Colaโs red conveys energy, while Faceb
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You have to trigger the survival instinct among your customers to generate more sales. 1. You donโt need luxury to survive. Right? or Wrong? Luxury brings status among neighbors, colleagues & relatives. So, companies like Louis Vuitton, and Mercedes
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