Why H&M is failing in the fast fashion market and Zara is winning. H&M remains fixed on the 4Ps of marketing approach, while Zara has evolved to the 4Es approach, as described in Pamela N. Danziger’s new book, Meet the HENRYs.
Archive | HENRYs (High-Earners-Not-Rich-Yet)
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Meet the HENRYs and the Brands They Love
Introducing the Millennial High-Earners-Not-Rich-Yet consumers with more money now and even more to come laterCalled “groundbreaking” and “well written, organized and presented” by Midwest Book Review, Pamela N. Danziger’s latest book, Meet the HENRYs: The Millennials that Matter Most for Luxury Brands, is about the next-generation consumers that every brand manager, marketer and retail executive needs to know […]
Who’s Buying Jeeps and Why? A Psychographic Case Study
Sports utility vehicles are on a roll, both in the high-end luxury car segment as well as in the mass-market. Further, the prices of mass-market SUV brands are rising while those of luxury SUV are dropping, narrowing the price gap between high-end and mass-market SUVs, according to a new report from Edmunds, the car buying […]
American’s Search for a More Livable Home: The New American Dream Home
Back in 2008 John Zogby, founder of the Zogby International Poll, predicted a seismic shift in American’s aspirations, values and ideals in his book The Way We’ll Be: The Zogby Report on the Transformation of the American Dream. Zogby identified four mega-trends that are shaping the trajectory of the American culture and fundamentally redefining the American […]
Lipstick Effect Is in Effect Today
LVMH just released its 2016 annual report and it reveals important trends that will impact luxury brands for the years ahead. While LVMH posted a healthy 5.4% increase from 2015 to 2016, its rate of growth was less than one-third of that from 2014 to 2015 when revenues rose a remarkable 16.4%. This may signal […]
