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book2009

The Luxury Strategy

Disciplines:
business strategy
marketing/brand marketing
luxury goods/luxury management

Summary

Jean-Noël Kapferer and Vincent Bastien's foundational luxury management textbook arguing that luxury brands must operate under an inverted economic logic — raising prices to increase demand, never discounting, and prioritizing dream over function.

Core Contribution

Codified the anti-laws of marketing for luxury — price increases demand, reduce product accessibility to preserve desirability, never advertise on price — providing the theoretical framework that distinguishes luxury brand management from conventional marketing.

Historical Influences

Jean-Noël Kapferer Vincent Bastien

Intellectual Lineage

French Marketing TheoryHEC Paris Business Education

Allied Works

Deluxe The Hermès Strategy

Contemporaries & Peers

Deluxe The Cult of the Luxury Brand

Minds Influenced

LVMH executive educationLuxury industry strategy broadly

Intellectual Posterity

Luxury management fieldAnti-laws of marketing

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