Lalit Upadhyay’s Post

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CEO & Founder at Celetel Serial Tech-preneur I C- sync Specialist (Consumer-Company-Connect). Busy in developing amazing CPaaS platform with integrated automations.

The Luxury Brand Paradox: Everyone wants to be Hermès. Nobody understands Hermès. Hermès didn't start with bags. They started with horse harnesses in 1837. KEY INSIGHTS: 1. Time Horizon: - You: Want luxury status in 2 years - Hermès: Took 100+ years - LV: Took 70+ years 2. The Heritage Play: - Your mistake: Starting with luxury - Their path: Started utilitarian → Became luxury - Evolution: Craftsmanship first, status second 3. Pricing Psychology: - Amateurs: High price = Luxury - Masters: Scarcity = Desire - Hermès: 2-year waitlist for Birkin - Result: People want what they can't have 4. Marketing Focus: You're doing: - Influencer collabs - Heavy social presence - Constant drops They did: - Zero influencers - Minimal social - Controlled scarcity The luxury paradox: The more you try to look luxury, the less luxury you become. Numbers don't lie: - Hermès: $12B valuation - LV: $47B valuation - Your dropshipping brand: 0 The hard truth: Luxury isn't made. It's inherited.

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Jessica Jones

Doing Something Great | Growth Leader | Speaker | Ex-Google

1mo

Lalit Upadhyay Luxury is built, not bought. Emphasizing heritage and craftsmanship adds depth to brand value, leveraging the power of history for authentic luxury!

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