LUXURY MARKETING
Luxury marketing unites exclusivity with the story and emotional connections that create an aspirational lifestyle for the target consumer. Hence, it tends to focus on heritage, craftsmanship, and personal experiences, which kind of clientele it addresses in respect of status and distinction. It uses high-quality visuals and narratives to convey the uniqueness in the value proposition. Achieving that desirability using limited-edition products or collaborations very often becomes a key competitive advantage. They are important places where, via digital channels and social media, luxury brands deliver their value propositions to their wealthy customers in bespoke communities that cherish luxury in a unique environment. Lastly, effective luxury marketing markets a product while establishing a long-term brand image among its customers, close to their hearts.