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Luxury branding
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Transcript of Luxury branding
NIKHIL ADHLAKHA
LUXURY BRANDING
Something inessential but conducive to pleasure and
comfort. Something expensive or hard to
obtain. Sumptuous living or
surroundings
LUXURY
Products and services that are not considered essential and are
associated with affluence In economics, a luxury good is a
good for which demand increases more than
proportionally as income rises, and is a contrast to a "necessity good", for which demand is not
related to income.
LUXURY GOODS
Brand for which a majority of its products are luxury goods.
It may also include certain brands whose names are associated with luxury, high price, or high quality, though few, if any, of their goods are currently considered luxury
goods.
LUXURY BRANDS
1. GUCCI2. CHANEL
3. CALVIN KLIEN4. LOUIS VUITTON
5. CHRISTIAN DIOR
WORLD’S FAVOURITE
SOURCE - http://www.forbes.com/2008/03/25/brand-luxury-desirable-forbeslife-cx_nr_0325style.htmlResearch Conducted By – The NIELSEN COMPANY
Clothing (Gucci, Versace etc.)Accessories (Louis Vuitton, Fendi)Automobiles (Rolls Royce, Ferrari)Watches (Rolex, Raymond Cartier)Shoes (Jimmy Choo)Hotels (Ritz Carlton, Four Seasons)Jewelry (Tiffany, Swaroski)WineTeaWater, Chocolates etc
NEW TRENDS
ONLINE LUXURY
SOURCE - http://weblogs.hitwise.com/heather-dougherty/2011/12/_luxury_brand_report_studies_n.html
Top 10 Luxury Brands captured almost 90% online market share
Certain focused and well respected brands, often beacons of coolness and quality, are now cashing in by enriching other, more
all-encompassing brands. E.g - Bentley and Breitling -- Breitling Professional Instruments (watches) have created a dashboard clock for the Bentley
Continental GT. The Breitling clock is housed in the centre of the limo's wing-
shaped fascia panel
BRANDED BRANDS
o a new segment of luxury consumers emerged. This included successful business people,
industrialists, artists and those who found new riches in various markets across the world.
o A new service industry emerged due to this: the fashion stylist who helped this nouveau riche look
and feel fashionable.o luxury companies came up with a completely new
set of products which later on were defined as accessible luxury
o included handbags, scarves, wallets and purses, belts and such other low-price goods.
MASSIFICATION OF LUXURY
c Idris Mootee 2004
http://en.wikipedia.org/wiki/Luxury_good
http://www.answers.com/topic/luxury#ixzz1lVgVN7d1
http://www.slideshare.net/imootee/luxury-brand-marketing-keynote-germany
http://trendwatching.com/trends/BRANDED_BRANDS.htm
REFERENCES & SOURCES
THANK YOU