Lessons From Luxury #10: Make ‘Selling’ Unnecessary
Elegant Insights: Luxury Lessons for Life and Business' is a series of #12 invaluable lessons from looking deeply beyond the glitz and glamour. For better margins, stronger loyalty, and elevated leadership - personally and professionally.
📖 Reading time is 5 minutes
Luxury brands have mastered the art and science of selling so well that they don’t need to sell to anymore - they are being bought from. They don’t sell goods and services. The goods and services sell themselves. As Prof. Peter Drucker put it: "The aim of marketing is to know and understand the customer so well the product or service fits and sells itself. The aim of marketing is to make selling superfluous."
Creating Desire Before the Transaction
For luxury businesses, selling is not about the transaction. The decision to buy into genuine luxury takes time and stems from a long period of nurturing dreams and desires, sometimes over a lifetime. High-end luxury purchases are rarely spontaneous and consequently, the influence at the point of sale (say for example, at a Ferrari dealer, or a Rolex boutique) of a salesperson’s ability to ‘push a sale’ is much more limited. For real luxury brands the ‘selling’ happens on a higher level or, more specifically, at the brand level to fuel desire to a point where it converts into latent demand.
Luxury brands are excellent at this, leveraging concepts like deliberate exclusivity, pricing, empowerment, scarcity and meaning-making – all to create and fuel desire. The ‘sales’ people become more of a guide or consultant to ‘funnel the desire’ so that the ‘sale’ happens much more organically.
"Sales is not about selling anymore, but about building trust and educating." – Siva Devaki
No one needs a Harley to get from A to B
There are good examples on how some of these concepts transcend into the non-luxury space. For example, Levi Strauss & Co. releases limited edition jeans and collaborations with fashion designers, creating a sense of exclusivity. The brand also offers custom tailoring and personalization services, similar to bespoke offerings in luxury fashion.
Starbucks Reserve is another example. It offers a more upscale environment with rare and high-quality coffee blends that are not available in regular Starbucks stores. Moreover, Starbucks Reserve products are priced higher, creating a sense of exclusivity and luxury.
Harley-Davidson Motor Company doesn’t just sell bikes. It sells belonging to an exclusive social club. It uses tribal marketing and cult branding tactics. This community-building strategy enhances the brand's appeal by offering a lifestyle and a sense of belonging. A Harley-Davidson is the ticket to a word full of adventure and the experiences that come with it.
➡️ For more examples and more depth, read my full thinking piece on this topic here.
So what can we learn from this?
Don’t just sell products. Sell ideas, dreams, fantasies
Deliver a personalized experiences that aligns with your brand's values.
Make everything an experience.
Don’t just run a business - build a brand.
Start with Understanding, End with Desire
The first step in applying these lessons from luxury brands is to develop a deep understanding of your customers - not just what and how they buy, but why they make their purchasing decisions. This requires looking beyond surface-level data to truly grasp the motivations, desires, and emotions that drive their behavior. Once you have this understanding, review your entire customer journey from start to finish. Take inspiration from luxury brands and re-think how you can create more desire and elevate the entire experience. By doing so, you can transform your brand into something more than a business; you can build a brand that resonates deeply with your audience, building loyalty, trust, and long-term success.
When are you starting?
Onwards and Upwards 🚀
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About: Markus Kramer is the MD at specialist consultancy Brand Affairs, advising Boards, Executives and Operational Teams on all aspects of Strategic Positioning, Reputation and Brand Management. He is a senior visiting Fellow in Strategic Brand Management at Bayes Business School and holds degrees from the Saïd Business School, University of Oxford, University of California, Berkeley Extension and Massachusetts Institute of Technology. He is the author of The Guiding Purpose Strategy© and Co-Author of the Responsible Investment Brand Index RIBI™.
Founder of ikonoTV | TEDx Speaker | Artivist | Catalyst2030 & ECCA:earth Member | Pioneering Art's Role in Wellness & Environmental Advocacy
4moThis is a fascinating analysis of the #art of selling luxury goods. It's clear that luxury brands have mastered the ability to create a desire for their products that goes beyond mere functionality. The three key takeaways you've highlighted are spot-on. Selling ideas, dreams, and fantasies is crucial for building a strong brand identity. Delivering experiences that align with those values reinforces the connection with customers. And ultimately, building a brand rather than just running a business is what sets #luxury apart.