The Anti-Laws Of Luxury Marketing #12
October 13, 20091 min
#12. Luxury sets the price, price does not set luxury.
NEW THINKING
#12. Luxury sets the price, price does not set luxury.
In the last 20 years, Procter & Gamble, the world’s most magnificent marketing machine, has launched many magnificent brands.
Brand-name blooms are the hot new products at nurseries, garden shops and landscapers. Perhaps you thought of roses and daisies as commodities? No longer.
A boarding school for smart kids named the Dummer Academy? Your jet is landing at Robin Hood Airport? A glucosamine supplement named Joint Juice?
Should a new brand take off rapidly like a rocket ship? Or should a new brand take off slowly like an airplane?