Thursday, 2 November 2017

DIGITAL MARKETING FOR LUXURY BRANDS – IS YOUR STRATEGY WORKING ?

« DIGITAL MARKETING FOR LUXURY BRANDS – IS YOUR STRATEGY WORKING ? »

THE ARTICLE WE CHOOSE IS WRITTEN BY GABRIEL SHAOOLIAN, THE CEO & FOUNDER AT BLUE FOUNTAIN MEDIA, A TOP NYC DIGITAL AGENCY. THIS ARTICLE DEALS WITH THE DIGITAL STRATEGY OF LUXURY BRANDS. WE CHOOSE TO WORK ON THIS SUBJECT BECAUSE NOW THE CONSUMERS OF LUXURY GOODS ARE MORE CONNECTED THAN EVER. INDEED, CHINEESE PEOPLE REPRESENTS 30% OF THE PERSONAL LUXURY GOODS MARKET WORLDWIDE IN 2016 AND THE AMERICAN ALMOST 25%, THEY ARE A NEW KIND OF MODERN CONSUMERS AND ARE MORE AFFECTED BY THE INTERNET COMMUNICATION. THIS ARTICLE EXPLAIN THE IMPACT AND THE BENEFITS OF THE DIGITALIZATION OF THE BRAND’S COMMUNICATION IN FIVE DIFFERENT PERSPECTIVES : « MODERNIZE YOUR BRAND IDENTITY », « ASPIRE », « REWARDS LOYALTIES », « SOCIALIZE » AND « PERSONALIZE».


THE FIVE ASPECTS OF HOW A BRAND REMAIN TIMELESS IN THE DIGITAL AGE SHOWS UP THE IMPORTANCE OF THE STRATEGY OF LUXURY ; AS A MATTER OF FACT LUXURY NEEDS TO FOLLOW THE TIME EVOLUTION EVEN IF THE « HERITAGE » OF THE BRAND NEEDS TO BE RETAINED.

BRANDS NEED TO ATTRACT CUSTOMERS WITH FRESH DESIRES AND MODERNITY WHILE KEEPING ITS AUTHENTICITY AND ITS UNIQUELESS. TO DO SO, THEY HAVE TO APPROACH NEW PLATFORM OR NEW INFLUENCERS (EXPLAIN IN OUR SECOND ARTCILE). THANKS TO NEW DIGITAL TOOLS, LUXURY BRANDS HAVE THE OPPORTUNITY TO MAINTAIN AND VALUE THEIR SENCE OF EXCLUSIVITY. BY DOING THAT, THEY RECONCILE CONSUMERS WITH EACH OTHER BECAUSE THEY FEEL THEY BELONG TO THE SAME SOCIAL AND FASHION GROUP. THEY CAN CREATE HASHTAG FOR EXAMPLE TO BE ATTRACTIVE ON SOCIAL MEDIA AS MICKAEL KORS DOES ON INSTAGRAM.

AS WE ARE FROM Y GENERATION, WE ALMOST BORN WITH INTERNET SO WE ARE REALLY AFFECTED BY DIGITAL TOOLS LIKE INSTAGRAM INFLUENCERS OR PRESENCE ON SOCIAL MEDIA. WE THINK THAT THESE 5 POINTS ARE LIKE « THE KEY OF SUCCESS » BUT WE UNDERSTAND THE DIFFICULTY FOR LUXURY BRANDS TO KEEP THEIR AUTHENTICITY WHILE BECOMING VERY MODERN. WE HAVE REAL EXAMPLE THAT ARE ALONG THE SAME LINE WITH THIS ARTICLE.
I HAD THE OPPORTUNITY TO DO AN INTERNSHIP AT THE CHANEL STORE RUE CAMBON IN PARIS AND I CAN SAY THAT VIP CUSTOMERS ARE MADE SPECIAL BY THE BRAND. TO DO SO THEY RECEIVE PHONE CALL FROM THEIR SALES ASSISTANT TO WISH THEM A HAPPY BIRTHDAY OR TO INVITE THEM TO SPECIAL EVENTS. I THINK THIS PRACTICE IS A VERY GOOD WAY TO KEEP AND TO MAKE CUSTOMERS FEEL SPECIAL, IT ALLOWS THE BRAND TO DIFFER FROM THE COMPETITION. AND BY INVINTING PEOPLE AT DIFFERENT EVENTS, IT ALLOWS THEM TO MEET EACH OTHER AND TO REINFORCE THE SENSE OF BELONGING TO A SOCIAL GROUP.
FURTHERMORE, IN 2015 CHANEL LAUNCH A MOBILE APP TO INFORM CUSTOMERS OF THE FASHION SHOW AND ARRIVAL OF NEW COLLECTIONS IN STORE. TO MY MIND, THIS APPROACH WAS SUCCESSFULLY BECAUSE I SAW A LOT OF PEOPLE COMING IN THE STORE BECAUSE OF THE ALERT THEY RECEIVE FROM THE APP.

https://www.huffingtonpost.com/entry/digital-marketing-for-luxury-brands-is-your-strategy_us_598c89c0e4b08a4c247f28e8

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