What does luxury marketing act as according to Kapferer and Bastien?

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Multiple Choice

What does luxury marketing act as according to Kapferer and Bastien?

Explanation:
Luxury marketing is described by Kapferer and Bastien as operating as a cultural authority that leads rather than follows trends. This perspective highlights the role of luxury brands in shaping cultural norms and values rather than simply responding to them. Luxury brands are often seen as tastemakers, capable of influencing consumer behavior and setting the agenda for what is considered desirable or aspirational. By positioning itself as a cultural authority, luxury marketing not only promotes the brand but also helps to establish a broader cultural dialogue around luxury and exclusivity. This establishes a powerful brand narrative that reflects sophistication, heritage, and artistic merit, allowing luxury brands to differentiate themselves from mainstream or mass-market approaches, which tend to be more reactive or trend-oriented. Other options reflect a more passive or mainstream approach that does not align with the proactive, defiant, and identity-shaping nature of luxury marketing. The emphasis is on cultivating and leading consumer expectations rather than merely accommodating them.

Luxury marketing is described by Kapferer and Bastien as operating as a cultural authority that leads rather than follows trends. This perspective highlights the role of luxury brands in shaping cultural norms and values rather than simply responding to them. Luxury brands are often seen as tastemakers, capable of influencing consumer behavior and setting the agenda for what is considered desirable or aspirational.

By positioning itself as a cultural authority, luxury marketing not only promotes the brand but also helps to establish a broader cultural dialogue around luxury and exclusivity. This establishes a powerful brand narrative that reflects sophistication, heritage, and artistic merit, allowing luxury brands to differentiate themselves from mainstream or mass-market approaches, which tend to be more reactive or trend-oriented.

Other options reflect a more passive or mainstream approach that does not align with the proactive, defiant, and identity-shaping nature of luxury marketing. The emphasis is on cultivating and leading consumer expectations rather than merely accommodating them.

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