PRESS RELEASE
Luxury Marketing Myth: Exclusivity is critical to
maintaining luxury's allure
Reality: Exclusivity doesn't resonate with democratically-minded luxury
consumer; Individuality and uniqueness are luxurious
The September issue of Luxury Business newsletter is devoted to debunking
one of the great luxury marketing myths: That exclusivity is critical
to maintaining the allure of luxury brands.
The reality is today's democratically-minded luxury consumer rejects the
traditional concept of luxury derived from European aristocratic ideals.
Exclusivity, in and of itself, brings very little luxury value to the
American luxury consumer.
From the European perspective, luxury is a privilege of class and status
and what makes luxury more luxurious is that it is unavailable to the
masses. Luxury marketers that emphasize exclusivity reflect 'old luxury'
thinking, and are out of touch with today's 'new luxury' consumers who
believe the luxury is for everyone and different for everyone.
Exclusivity is not motivating to luxury consumers Luxury consumers
yearn for more specialness
Exclusivity for the sake of exclusivity, as expressed by the European
luxury ideal, is not what American luxury consumers value, rather it's
an exclusiveness derived from the ability to express a personal point
of view, an attitude and one's uniqueness. Exclusivity is not a word that
communicates a positive association with luxury consumers, therefore it
isn't a word that we in the luxury marketing arena should throw around
as freely as we do.
So the challenge for luxury marketers in the American luxury market is
to deliver greater exclusivity by making the luxury consumer feel special
and unique, but never let it morph into class snobbishness or arrogance.
Luxury marketers have to give their consumers an exit ramp off the 'mass
track' that creates a mystique and an appeal without the negativity of
exclusivity muddying the waters.
The 'new luxury' opportunity is to turn exclusivity positive
Luxury marketers need to replace this concept of exclusivity by focusing
on the positive expression of individuality, personal identity, and life
enhancement for the consumer, rather than the negativity of exclusiveness.
The lesson then is for luxury marketers to turn exclusivity positive.
It is not about excluding someone from having this item, this brand, or
shopping in this store; it is about turning this item, this brand, this
store into something more special, unique and life enhancing to the individual.
It is a subtle shift in emphasis from the negative leaning "exclusivity"
to the positive trending "individuality."
It is the difference between putting up a stop sign that says "Do
Not Enter," to putting up a sign that says, "Turn Here for Something
Really Special." This shift in emphasis will reap rewards for marketers
that are attuned to the independently and democratically-minded, non-materialistic
butterfly consumers who are coming to dominate the U.S. luxury market.
Their value system simply rejects snobbishness or anything that resembles
it like the idea of exclusivity.
Godiva Chocolatier's new G Collection expresses an enhanced luxury
proposition without going negative
The way Godiva Chocolatier is positioning its new ultra-premium G Collection
line is a case study in spinning exclusivity positive by delivering enhanced
luxury values to a highly discerning audience that can appreciate the
difference.
Click here to order the latest copy of the Luxury Business newsletter,
as well as the coming six issues, http://www.unitymarketingonline.com/reports2/luxury/luxury2.html
For review copy, email pam@unitymarketingonline.com
For media: Charts, tables and graphs of research available
upon request.
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