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

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Why commoners crave premium goods

Trading Up explains the trend of how people nowadays opt for premium goods over traditional luxury items. This book could be a good read for those who want to understand the psychology behind consumer behavior and how companies capitalize on it. The book highlights the growing trend of new luxury brands, which sell at higher prices and in much larger volumes than traditional luxury goods. The author, Michael J. Silverstein provides a comprehensive overview of this trend, which could be helpful for marketers and business professionals looking to understand the market demand for premium products.

Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.
Sale

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

Regular price $12.07 Now $8.45 Save 30%
Unit price
per
ISBN: 9781591840701
Publisher: Portfolio
Date of Publication: 2008-04-29
Format: Paperback
Related Collections: Sociology, Business, Economics
Related Topics: Economics, Management, Sociology
Goodreads rating: 3.62
(rated by 443 readers)

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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Why commoners crave premium goods

Trading Up explains the trend of how people nowadays opt for premium goods over traditional luxury items. This book could be a good read for those who want to understand the psychology behind consumer behavior and how companies capitalize on it. The book highlights the growing trend of new luxury brands, which sell at higher prices and in much larger volumes than traditional luxury goods. The author, Michael J. Silverstein provides a comprehensive overview of this trend, which could be helpful for marketers and business professionals looking to understand the market demand for premium products.

Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.