Velry Digital
🌱 Luxury Digital Marketing for Ethical & Sustainable Brands 🐋
💎 Sharing a passion for luxury
27/04/2023
"Exclusivity is a strategy, a way to stand out and be memorable. It's the difference between being a commodity and being a brand."
That's a quote from Jay Baer - one of Forbes magazine's TOP 10 marketing influencers.
And I wholeheartedly agree with this opinion.
Just look at two famous car brands: Toyota and Ferrari.
There is a vast difference between them.
Toyota produces millions of cars per year.
Ferrari only produces about 10,000 cars.
A Toyota car costs about $20,000. The most expensive one is $60,000.
But to own a Ferrari Portofino, you must spend at least $200,000...
.. or EVEN become one of the 209 lucky ones to drive a LaFerrari Aperta for $2.2 million.
But still...
There's another MASSIVE difference between these two brands that numbers can't express...
While people see the Toyota car only as a tool to get from home to work...
They feel a sense of speed, power and prestige in the prancing horse logo of Ferrari.
So let me ask you a question…
Do you want your product to be a commodity like a Toyota car or something people have always dreamed of?
If you choose the first option...
Then be prepared to keep selling at a low price and compete with countless other brands for customers
But if you say...
"No, I don't accept that. My product must be unique. Everyone who wants it has to pay a fair price."
Then BE EXCLUSIVE like a real luxury brand.
Create a high perceived value for your product.
And sell it only in LIMITED quantities to THOSE who truly appreciate its unique qualities.
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