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Recent Posts
- Who sells jet cards? Private Jet Card Comparisons provides a comprehensive overview… February 13, 2021
- Everything you ever wanted to know about jet cards October 15, 2020
- The best private jets to charter August 28, 2020
- This website is a must if you fly by private jet July 21, 2020
- Why Steve Jobs And The Smartphone Changed Selling To The Super Rich Forever July 1, 2017
- Part 2: What Luxury Marketers Can Learn From President Trump June 10, 2017
- Fyre Festival Debacle Shows How Reaching The Super Rich Isn’t Easy April 30, 2017
- How The Super Rich Buy Private Jet Cards April 7, 2017
- The Super Rich Think Their Kids Will Blow Their Fortunes; What It Could Mean For Luxury Marketers March 13, 2017
- What Luxury Marketers Can Learn From President Donald Trump January 28, 2017
- Luxury Marketers Are Losing Their Grip On The Super Rich, Says Boston Consulting Group January 24, 2017
- “Secrets Of Selling To The Super Rich” Is Ranked #1 on Amazon New Releases September 3, 2016
- Surprising Passions Of The Super Rich: What Do They Mean For Luxury Marketers? August 21, 2016
- What Luxury Marketers Can Learn From Proctor & Gamble June 25, 2016
- New Things I Learned About Marketing To The Super Rich Online June 19, 2016
- “I Can’t Think Of Anything To Write, So Why Not Bash Rich People I Don’t Know” April 2, 2016
- How Do The Super Rich Make Their Money? March 26, 2016
- Why Oxfam’s Latest Research Is A Must Read For Luxury Marketers January 18, 2016
- Gallup: Mass Affluent Cutting Back On Spending January 7, 2016
- Luxury Marketers: Where The Super Rich Give Their Money May Be A Surprise January 3, 2016
- Stupidity Tops The Charts As MTV Mistakenly Reports The Super Rich “Are Responsible for Half of the World’s Carbon Emissions” December 5, 2015
- The Super Rich: The Good, The Bad, The Ugly and The Sad October 28, 2015
- Are Luxury Brands Overexposed To Arts And Culture? October 17, 2015
- The Chinese Visitor: Are Luxury Brands Losing Control Of Their CRM to Salespeople? September 24, 2015
- (Part 2 of 2) Are You Using WeChat Effectively To Target Chinese Visitors To The U.S.? September 18, 2015
- (Part 1 of 2) How Can Luxury Marketers Capture Repeat Chinese Visitors to the U.S.? September 13, 2015
- Does Hard Luxury Need To Redefine Itself? Or Is There An Easier Solution? September 12, 2015
- How Luxury Brands Should Look At Russia, China, Brazil and the Middle East Amidst The Turmoil August 23, 2015
- Why Being A Millionaire Doesn’t Mean Much In The Business Of Luxury August 8, 2015
- The Prince And Ryanair: Another Example On Why It’s Hard To Get A Full Picture Of The Super Rich Via The Media July 10, 2015
- Donald Trump: What Luxury Marketers Should Learn July 9, 2015
- Marketing To The Super Rich Is More Complicated Than Knowing Where They Go June 21, 2015
- The Wisdom Of Johann Rupert: Everything Not Reported From The Richemont Chairman’s Keynote Address June 12, 2015
- How Much Do The Super Rich Know About Luxury Goods and Services? June 6, 2015
- The Top 10 Things Rich People Buy June 2, 2015
- For Luxury Marketers, A Canary In The Coal Mine. But Which Way To Clear Air? May 17, 2015
- How Do The Super Rich Spend Their Money? Ask An Asset Manager! May 2, 2015
- Why The Rich Can’t Catch A Break (With a little help from The New York Times) April 26, 2015
- UHNWs Shell Out Big Money For Private Concerts April 24, 2015
- Some Advice For The Super Rich April 21, 2015
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Archives
Tag Archives: Luxury Marketing
Private Jet Charters Brought $867 Million To The Caribbean’s Top 10 Destinations Last Season
On the same day Unity Marketing issued its newest report that “(Mass) Affluents (under $400,000 household income) have new attitudes about their (limited) wealth and spending which translates into affluent austerity” private jet charter operator PrivateFly released an analysis of … Continue reading
Posted in Jewelry, Media, private jet, Research, tourism, Touristm, Yachts
Tagged Camper & Nicholsons, Hotels, Luxury, Luxury Marketing, Marketing, Mass Affluent
1 Comment
7 Insights About Marketing to the Super Rich
Having spent the first couple days of the week in Cannes, France at The International Luxury Travel Mart (#ILTM) I wish I had a Euro for each time the word experience or experiential was heard. Yes, I too would be … Continue reading
Posted in Marketing, Media, Research
Tagged Aspirational, Celebrities, Luxury Marketing, Mass Affluent, Super Rich, Top 0.1 Percent, UHNW, Ultra High Net Worth
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Super Rich Luxury Spending Creates Over 5,000,000 Jobs….
Ronald Reagan may have been wrong when his Budget Director espoused the ‘trickle down’ theory of economics. The theory was money kept by the rich through lower taxes “trickled down” to the less rich stimulating the economy. When it comes … Continue reading
Posted in Auto, Fashion, Home Furnishings/Shelter, Hotels, Jewelry, Marketing, Media, private jet, Research, Touristm, Watches, Wines/Spirits, Yachts
Tagged Auto, Cruises, Fashion, Luxury, Luxury Marketing, Marketing
4 Comments
In Search of Super Rich Customers? We Think You’ll Be Surprised…
Luxury marketers who want to capture their share of the $234 billion that 211,275 Ultra High Net Worth (UHNW) families spend annually on fashion, accessories, automobiles, jewelry, watches, home furnishings, wine and spirits need to look far and wide based … Continue reading
Posted in Auto, Fashion, Home Furnishings/Shelter, Hotels, Investment, Jewelry, Marketing, private jet, Research, Touristm, Watches, Wines/Spirits
Tagged Auto, Events, Fashion, Home/Shelter, Hotels, Jeweler, Luxury, Luxury Marketing, luxury resort, private jet
3 Comments
The Super Rich Spent $234 Billion On Luxury; UHNWs Account For 19 Percent Of All Luxury Spending
Some 211,275 Super Rich households spent $234 billion on luxury purchases last year, accounting for 19 percent of all global luxury spending, according to data just released by research firm Wealth-X. In a press interview Wealth-X President David Friedman said luxury brands … Continue reading
Posted in Auto, Fashion, Home Furnishings/Shelter, Hotels, Investment, Jewelry, Marketing, Media, private jet, Research, Shelter, Touristm, Watches, Wines/Spirits, Yachts
Tagged Auto, Fashion, Ferrari, Home/Shelter, Jeweler, Luxury, Luxury Auto, Luxury Marketing, luxury resort
10 Comments
What Do Billionaires and The Rest of Us Have in Common? Perhaps Your CRM System!
How well do you know your Super Rich customers? Do you use CRM? Do you track data about your billionaire customers in the same way you capture it from the rest of us who buy handbags and shirt pocket squares? … Continue reading
Super Rich Folks Like To Mix With…
Turns out the Super Rich want to mix with, well, at least the next level of rich. Or at least some of the Super Rich do. When Four Seasons Hotels & Resorts launched around-the-world private jet tours with Seattle-based TCS … Continue reading
Posted in Cruises, Marketing, Media, private jet, Research
Tagged Luxury, Luxury Marketing
2 Comments
Do You Sell Products or Services to the Super Rich? So Do We…
Are you involved in selling, servicing or marketing products or services for the Super Rich? Then please join my new group on Linkedin “Selling to the Super Rich” https://www.linkedin.com/groups?home=&gid=8180972&trk=anet_ug_hm Who are the Super Rich? The go by different terms: … Continue reading
Posted in Auto, Fashion, Home Furnishings/Shelter, Hotels, Investment, Jewelry, Marketing, private jet, Shelter, Spa, Touristm, Watches, Wines/Spirits, Yachts
Tagged Luxury Marketing, Top 0.1 Percent, UHNW, Ultra High Net Worth
1 Comment
What Does Concentration of Wealth Mean To Luxury Marketers?
If anyone has a question that wealth is concentrated at the top, the 2014 Capgemini RBC Wealth Management World Wealth Report gives a nice breakout for marketers who are looking for deep pocked consumers. It re-enforces that even among … Continue reading
Posted in Uncategorized
Tagged Luxury Marketing, Magazines, Top 0.1 Percent, UHNW, Ultra High Net Worth
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New Trends Threaten To Shake Up Buying Habits Of Aspirational Luxury Consumers
What does the next wave of aspirational consumers want? How will they buy it? Where will their purveyors of luxury come from? If the principal of retail design firm JGA is correct, a continental shift is ahead. Ken Nisch … Continue reading
Posted in Jewelry, Media, Research
Tagged Aspirational, Fashion, Luxury, Luxury Marketing, Media, Social Media, Top 0.1 Percent
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What Luxury Marketers Can Learn From Wayne Gretzky and The New Rules of Retail…
Former Women’s Wear Daily Editor Robin Lewis is co-author of the 2010 book “The New Rules of Retail.” He has also held executive positions at DuPont, VF Corporation, Goldman Sachs and is CEO and Editor of The Robin Report, a … Continue reading
How Much Does It Cost To Charter A Yacht — After You Pay For The Charter?
The Median Household Income in the United States is $51,371. A step higher the Ipsos Affluent Survey identifies some 59 million “affluent” Americans in its annual research, defined as households that make at least $100,000 per year. The Median income … Continue reading
Posted in Media, Touristm, Yachts
Tagged Camper & Nicholsons, Cruises, Luxury, Luxury Marketing, luxury resort, Mass Affluent, Superyacht, Top 0.1 Percent, Ultra High Net Worth
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How Do You Tap Into The Next Generation of Super Rich Collectors?
The next generation of the Super Rich are growing up. Scions of the fortune makers of the past 30 years are coming into their own. Recently I was able to contribute to Taking the Reins: Insights into the World of … Continue reading
Posted in Auto, Jewelry, Marketing, Media, Research, Watches, Wines/Spirits
Tagged Luxury Marketing, Magazines, Media, private jet, Super Rich, Top 0.1 Percent, UHNW, Ultra High Net Worth
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Three Easy Ideas On How Luxury Brands Can Improve Their Connections To Customers and Prospects
The Luxury Marketing Council is a 20-year old “by-invitation-only” boutique group with 43 chapters worldwide and over 5,000 CEOs and CMOs representing companies targeting High Net Worth/Ultra High Net Worth consumers. The brainchild of former Bergdorf Goodman, NYSE and … Continue reading
Posted in Marketing, Media, Research, Yachts
Tagged Luxury, Luxury Marketing, Magazines, Marketing, Media, Top 0.1 Percent
2 Comments
The Long Tail of UHNWs
Conventional wisdom says global capitals are the hang out for the Ultra High Net Worth (Net Worth of $30 million +) and their families. And certainly, these are places many of them travel with some frequency. I’ve recently been speaking … Continue reading
Posted in Marketing, Media, Research
Tagged Events, Luxury, Luxury Marketing, Magazines, Media, Research, Super Rich, Superyacht, Top 0.1 Percent, UHNW, Ultra High Net Worth
1 Comment
Valuing Visitors To Your Destination: Say It With Flowers
How much is a typical visitor worth to the places they visit? According to the World Travel & Tourism Council, global tourism accounts for one out of every 10 jobs, meaning the stakes are high. Yet, all visitors … Continue reading
Posted in Hotels, Investment, Jewelry, Marketing, Media, private jet, Research, Touristm, Watches, Wines/Spirits, Yachts
Tagged Aspirational, Camper & Nicholsons, Celebrities, Cruises, Events, Hotels, Luxury, Luxury Marketing, Magazines, Mass Affluent, Media, Megayacht, private jet, Research, Super Rich, Superyacht, Top 0.1 Percent, tourism, Ultra High Net Worth, Villas, Watches, Wines/Spirits
1 Comment
Lewis Katz: A Reminder Many UHNWs Came From Humble Beginnings
Lewis Katz was 72 when he died in a private jet crash last week. At the time of his death he was estimated to be worth about $400 million. While he came into the spotlight via his ownership of pro … Continue reading
Posted in Watches, Yachts
Tagged Aspirational, Camper & Nicholsons, Luxury, Luxury Marketing, Magazines, Mass Affluent, Super Rich, Superyacht, Top 0.1 Percent, UHNW, Ultra High Net Worth, Watches
1 Comment
Unity Marketing: “Moody” Aspirational Consumers Turn to “Discount Department Stores”
While the latest Ultra High Net Worth survey, The Times of London Rich List showed the Super Rich getting richer (their wealth increased 15% in a year), Unity Marketing, a researcher focused on aspirational/mass affluent consumers (Household Income $100,000 … Continue reading
Posted in Marketing, Media, Research
Tagged Aspirational, Luxury, Luxury Marketing, Marketing, Mass Affluent, Research, Super Rich, UHNW, Ultra High Net Worth
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UHNWs Shell Out Big Money For Private Concerts
The Super Rich seem to have no problem spending into the millions for 60 minutes of enjoyment when marketers create awareness and desire. Look at your favorite rock star. Greg Furman, the former CMO of Bergdorf Goodman who founded … Continue reading
Posted in Auto, Fashion, Home Furnishings/Shelter, Hotels, Jewelry, Marketing, Media, Shelter, Touristm, Watches
Tagged Aspirational, Bon Jovi, Drake, Fashion, Hotels, Jeweler, John Mayer, Lady Gaga, Luxury, Luxury Marketing, Madonna, Marketing, Mass Affluent, Super Rich, Top 0.1 Percent, UHNW, Ultra High Net Worth
1 Comment
Roman Holiday: Meet A Private Jet Flight Attendant For Pets
American Express estimates Americans spend about $1,145 per human for the typical affluent family vacation. But what about pets? A cornerstone of this blog is the belief many companies are “under-marketing’ to The 1 Percent. At the top of … Continue reading
Posted in Media, Research, Touristm
Tagged Luxury, Luxury Marketing, Marketing, private jet, Super Rich, Top 0.1 Percent, UHNW, Ultra High Net Worth
2 Comments
Doug Gollan: Selling to the Super Rich -- Ideas, Research and News for luxury marketers 