Trading Up: Why Consumers Want New Luxury Goods--and How Companies Create Them

Trading Up: Why Consumers Want New Luxury Goods--and How Companies Create Them
ISBN-10
1440638861
ISBN-13
9781440638862
Series
Trading Up
Category
Business & Economics
Pages
320
Language
English
Published
2008-04-29
Publisher
Penguin
Authors
Michael J. Silverstein, John Butman, Neil Fiske

Description

Trading up isn't just for the wealthy anymore. These days no one is shocked when an administrative assistant buys silk pajamas at Victoria's Secret. Or a young professional buys only Kendall-Jackson premium wines. Or a construction worker splurges on a $3,000 set of Callaway golf clubs. In dozens of categories, these new luxury brands now sell at huge premiums over conventional goods, and in much larger volumes than traditional old luxury goods. Trading Up has become the definitive book about this growing trend.

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