What makes Luxury Brands Expensive

You might have wondered How to Make a Luxury Brand or how Luxury Brands work or what makes Luxury Brands different from others or what is that thing that makes Luxury Brands so special?

Voiceover by Garrett Pahl : https://www.youtube.com/user/OccupiedGarrett
(Checkout his latest Video, it's a must watch)

Well, In this Video of Discovr almost all of your Questions will be answered and you will get your answer to what makes Luxury Brands Expensive and how you can build one.

Brands like Louis Vuitton, Chanel, Gucci, Hermes, Supreme and more and have built a reputation like nobody else in the industry and almost everyone desire to purchase their products even if they are way expensive and out of their budget. We will have a look at that and try to find out what is the Psychology behind People buying it and also we will find out if Luxury Brands are worth Your Money?

0:00 Intro
0:34 How to Build Identity?
2:41 Luxury Brands Marketing Secrets?
5:27 Why People buy Luxury Brands?
7:25 Outro

RESOURCES
[1] https://www.linkedin.com/pulse/how-create-value-power-narrative-luxury-brands-matt-davies
[2] https://www.highsnobiety.com/tag/gucci/
[3] https://www.investopedia.com/articles/personal-finance/091115/psychology-behind-why-people-buy-luxury-goods.asp
[4] https://www2.deloitte.com/content/dam/Deloitte/ar/Documents/Consumer_and_Industrial_Products/Global-Powers-of-Luxury-Goods-abril-2019.pdf
[5] https://www.visualcapitalist.com/charting-the-rise-and-fall-of-the-global-luxury-goods-market/
[6] https://www.forbes.com/sites/esmtberlin/2019/11/20/dreaming-up-a-world--how-luxury-brands-create-desire/#33d754e471af
[7] https://www.entrepreneur.com/article/250745

Видео What makes Luxury Brands Expensive канала Discovr