Affluent Australian consumers buy luxury as a self-reward, thus they have high expectations from luxury products and services. Aside from superior quality and craftsmanship, they expect luxury brands to indulge them and provide customized service and experiences.
PRODUCT CATEGORIES COVERED
Affluent Insights™ 2017-18 Luxury Study covers premium brands across the following categories:
- 105 Fashion & Accessories brands
- 81 Watch brands
- 66 Jewelry brands
- 82 Travel & Leisure brands
- 54 Skincare brands
- 84 Alcohol brands
Brand selection: For past purchase/ownership and future purchase plan questions, we have selected brands that are well-known luxury brands and/or are part of the competitive set of our subscribers’ brands. For brand image questions, we include subscriber brands, as well as, a sub-set of high-end luxury brands that have shown to be the most popular in our research.
What will motivate affluent Australians to purchase more luxury goods in 2018?