FAQ About Luxury Brands

Luxury Brands
one year ago | gizem

What is the concept of "aspirational luxury"?

The concept of "aspirational luxury" refers to a marketing strategy and consumer behavior in which individuals aspire to own or experience luxury products, services, or lifestyles despite not currently having the financial means to do so. Aspirational luxury represents a desire to associate oneself with the prestige, exclusivity, and status associated with luxury brands and experiences.