A recent study on the purchasing habits of high net worth individuals showed that “comments or information gathered from social media” had significant impact on: Websites they visited (59%) Retail stores they shopped in (56%) Designer brands they bought (57%) Basically what that means is more than half of the affluent individuals surveyed are seeing [...]
All posts tagged ultra-affluent
The Rise of Secondhand Luxury, and What It Means for Affluent Brands
Looking good has its price. And when it comes to high fashion, that price is often marked up about 300%. Average consumers have historically gone to extreme measures to capture the couture look, while working with a McDonald’s budget. Some venture to Canal St. to purchase the best knockoff handbags $30 can buy. Others take [...]
Posted by John Paul Grego on May 31, 2011
http://mascola.com/insights/the-rise-of-secondhand-luxury-and-what-it-means-for-affluent-brands/


