
Sweat Equity
010 - Exposing the secrets behind BILLION dollar luxury brands with Oren John.
Jan 9, 2024
Luxury brand expert Oren John discusses the secrets of building luxury brands, including differentiating luxury from high-end products, creating urgency through brand collaborations, and fast-tracking to a higher price point. The podcast delves into the strategies used by luxury brands, the importance of personalized customer experiences, and expanding perspectives in design and branding.
51:22
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Quick takeaways
- Creating exclusivity through limited access and invitation-only models drives consumer interest and demand.
- Success in the luxury market hinges on providing limited access, crafting unique custom experiences, and maintaining high price points without compromising quality.
Deep dives
Positioning Ordinary Products as Luxury
Transforming ordinary products into luxury items involves using high-quality materials and unique presentation. Last Crumb's $140 box of cookies exemplifies limited availability, inviting an air of exclusivity that enhances its luxury status. By providing custom experiences and maintaining a high price point, brands like Flamingo Estate showcase how brand heritage and storytelling can elevate a product to luxury status.
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