Why customers splurge on expensive products
People buy luxury products to signal their status. They don't need to be beautiful. Just distinctive.
Brands are less luxurious if they're friendly and approachable.
Luxury products are more desirable when they are located further away from people.
Just like the stereotype of the upper class, luxury fonts are tall, thin, and beautiful.
Certain people want small and large logos.
Owning a luxury watch can shape how people perceive you, boosting your self-esteem.
Mainstream customers weaken the exclusivity of a luxury brand.
Show empty space on product shelves and branding assets.
Grayscale seems luxurious.
Longer names are less common, so they feel more exclusive.
Products seem inferior when other people have touched them.
Customers buy luxury brands to signal their status, but they also expect high quality products.
Slow movements heighten the perceived importance of luxury products.