Reevolving
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Wish I could find that article, Tone76.
Man, I am seeing this a lot, now that I'm looking for this.
A few years back, I read an article in a financial newspaper (remember those?) about branding and logos. I've tried to find an online version of this article before, but I just can't find one. (I reckon it may have been published pre-GFC, that's how old it is).
The upshot of the article was that the entry level items in a luxury goods maker's range tend to be heavily branded, whereas their more expensive lines were far more subtle. The reasoning was because those buying the entry level gear were keen to be seen as being able to afford the brand; those buying at the top end were buying more for the underlying quality of the product. It was also suggested that another reason entry level heavily branded goods were less expensive is because the owners of the brand are getting publicity; the built-in advertising provided by a logo may subsidise a portion of the product's cost.
They cited Mercedes-Benz as an example: their low-end cars (A Class, B Class) had enormous three pointed stars on the front, whereas - at the time the article was published - their mid-range and high-end cars (E Class, S Class) had more subtle badging. They also cited Louis Vitton as another example of a company whose products carry different levels of branding depending on price. For the purposes of this article, Ralph Lauren probably would have been a better example.
Basically, the article was full of research to back up what everyone already knows: brand whores like brands.
As an aside, there are certain PRL products I am a big fan of. I find their chinos fit me better than most other brands and are good quality. Only one pair of these carries any branding - I do have a pair of 'Andrew' chinos that have a small PRL label on the back (not a pony, though). I am reluctant to wear PRL polo shirts and dress shirts because they have a bit of a wanky vibe (in Australia at least). My favourite polos are Brooks Brothers: very well made and (where I live, at least) the logo has no brand recognition so most people think it's some no-name polo from Target.
Wish I could find that article, Tone76.
Man, I am seeing this a lot, now that I'm looking for this.
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