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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 triggers scarcity bias: the rarer it is, the more we desire it. This taps into our fear of missing out (FOMO) and our deep social need to feel exceptional. By limiting supply, delaying launches, or restricting entry, luxury brands elevate demand and status. The result? Customers chase the productโnot because itโs better, but because owning it means joining an elite circle. In luxury, less isnโt lessโitโs irresistible.
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โThe Pricier, the Better: How the Veblen Effect Drives Luxury Brand Obsessionโ The Veblen Effect is a psychological phenomenon where demand for a product increases as its price risesโbecause the high price signals status, not just value. Luxury bran
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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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โSilent Signals: How Brands Speak Value Without Saying a Wordโ Signal Theory explains how people interpret visible cues as indicators of hidden qualities. In business, brands use signals to suggest value, quality, or trustโespecially when actual exp
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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. ๐คฏ๐ฅ The decision to burn unsold products was part of Gucciโs broader strategy to protect its brand image. By de
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Everything about Mar...ย โขย 1m
Clickbait isnโt just about flashy titles โ itโs psychology in motion. It triggers curiosity by promising something irresistible, like โYou wonโt believe what happened next.โ Our brains are wired to close information gaps, and clickbait exploits that
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Colour โ Luxury. The right colour combinations = Luxury. Anyone can pick a fancy shade like emerald green, royal burgundy, or gold. But what makes a brand truly feel premium is how these colours are paired. Deep green with muted gold. Burgundy with
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