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Pedro Gonçalves

Wolff Olins - 0 views

  • “If too many people can buy it, the brand loses its exclusivity.”
  • Despite the ubiquity of digital and social media, the in-store experience is still integral to producing individualized experiences for high-wealth customers. “Even though the products are available to view online, it is not the same as the experience of seeing them in person,”
  • Digital and social media can amplify in-store experience for high-wealth customers, but shouldn’t necessarily be seen as a substitute.   
  • ...1 more annotation...
  • The challenge for luxury brands is in evoking an aura of desirability across broad audiences, while curating individualized experiences for their core customer base.  Luxury brands have to develop strategies that promote both accessibility and exclusivity. Digital and social media can help increase awareness of and perpetuate the myth surrounding the brand, but they must be carefully curated in order to maintain an impression of exclusivity. Furthermore, these channels should be viewed in the context of the store experience. 
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