It occurred to me today that if you have an ‘Island Resort’ than it must be luxurious… just a random thought for a random post since I have been so completely on top of this (joke)… but… maybe there are some living resorts that aren’t luxury … so, maybe the logic only goes one direction, like… Pitcairn - it is very famous or an ‘infamous’ island in the South Pacific… I bet it’s beautiful… not sure I’d want to hang out there – maybe though… can’t rule it out… but the Bahamas… I am all over it!!!
Atlantis Magazine™ defines Resort Living and luxury property
Posted July 17, 2008 by duPont BloggerCategories: Luxury Marketing
Tags: Writing
Planes, Luxury Homes and More Runways!!!
Posted July 1, 2008 by duPont BloggerCategories: Luxury Marketing
Tags: Private Airstrip, Writing
Luxury Real Estate again proves to be such a different animal than all else that is sellable. As I previously posted, there is a property out in Gold Beach, OR for sale by Karl Nettgen of Century 21 Agate. The property can be seen in the 13th Anniversary Issue of the duPont REGISTRY A Buyers Gallery of Fine Homes. The property is truly unique and quite a bargain, as previously mentioned.
The larger point, however, is that often in a (typical) real estate transaction, a stumbling block to the closing may be the amount of bedrooms or baths – In the case above, believe it or not, it is the distance from the nearest landing strip for a private jet. I presume it should come to no surprise to many, but it seems shocking that one would look for a jet based upon the distance to an airport or place to land your flying SUV.
Thought this was kind of interesting…
Where do buyers of luxury property come from?
Posted June 17, 2008 by duPont BloggerCategories: Luxury Marketing
Tags: Writing
I had a great conversation with a client of mine today that clued me in on the most blatantly obvious fact. That their are a lot of people in the most AMAZING country in the world who are about to (if they haven’t already), buy some of the worlds most AMAZING property – and… you guessed it… the people are AMERICAN, and the property is in AMERICA… hmmm… but an agent might say this… “…because of the economy, because of x, because of y, all the buyers are coming from overseas…”
Now (to be clear), I am not saying that a lot of buyers aren’t coming from overseas. What I am saying is if you are marketing a Luxury Property, do not – under ANY circumstances – underestimate the AMERICAN economy. This point was illustrated to me by my client who told me about the Texas oil market… and the first fleeting thought was ‘how passé that was big in the 80’s’ – well, let me tell you I’m not getting rich off of the oil & gas market, but I’ll tell you this for certain – someone is… AND it isn’t ONLY from the war.
All politics aside here – this is not the forum – gas is at an all time high, right? Do you think that all the profits are being funneled to the Middle East? I beg to differ. Their are many oil & gas tycoons who made their fortunes here in the United States of America – these could be a large uptick in a property that makes you a small fortune if you have a percentage of a commission on a luxury listing.
FW: Fragments, white noise and information overload
Posted June 15, 2008 by duPont BloggerCategories: Luxury Marketing
Tags: Branding, iPhone, Luxury, Writing
Did you ever get an email like this posts title? Did you ever wonder if the email that you were forwarded was something you should be reading? Further… did you ever get one of these emails that appeared to be ‘doctored’… like it really had not been forwarded? (just wondering)
Is ‘branding’ the only way to increase the odds of sustaining ones position in the marketplace? This is a veritable truth – not in selling a 20 million dollar home, but also in a world where the ‘long term’ is now seemingly the ’short term’ – People have gotten extremely impatient and demanding – look at the new iPhone… This iPhone is exactly what we all said would happen about 10 or 15 years ago… Do you remember the conversation you had when you realized that you didn’t have to go anywhere to buy anything? I do… part of it was something like this: “someday… there will just be a device where we have all of our personal information, all of our banking information, our photos, our music…”
yup… that is the iPhone – and 10 years after this post – it will be even more portable – everything…
That is why branding is important…and that is why Apple always gets the most mileage from their product lines:
“Customization is key in the new world of branding.” With fragmented products, fragmented media and cultural diversity, it’s more important than ever to offer brands that link with the customer’s identity and customize options to keep your brand relevant to your ever evolving target. The goal is to get your target to see your brand as necessary: For instance, Starbucks is not coffee but “my coffee.”
Hmmm…that is what Jean Noel Kapferer says…
