I am doing some research for a paper about luxury and would love to know what luxury means to you...
Most luxury goods are by their nature aspirational, since for most people they are too expensive to afford. Does a high price tag denote luxury - i.e do you assume that a low price tag means low quality?
Is exclusivity important - would you rather something was expensive so not everyone can afford it? Or is it enough that the product is only available in one or a few stores?
If you could keep the branding, the quality and the style and the price was half that of other luxury brands, would it still be as appealing? Would you still want it as passionately as before?
Cannot wait to hear your views! Thanks in advance,
HS
Most luxury goods are by their nature aspirational, since for most people they are too expensive to afford. Does a high price tag denote luxury - i.e do you assume that a low price tag means low quality?
Is exclusivity important - would you rather something was expensive so not everyone can afford it? Or is it enough that the product is only available in one or a few stores?
If you could keep the branding, the quality and the style and the price was half that of other luxury brands, would it still be as appealing? Would you still want it as passionately as before?
Cannot wait to hear your views! Thanks in advance,
HS