Research
Introduction
1The world of marketing has changed ever since the introduction of online media, one of
the greatest aspects of online media is that it provides a 2 way communication platform/channel
between customers and companies. Online resources have allowed companies to interact and
create unique experiences which foster intimate relationships with their customers where they are
able to use these 2 way communications to deliver offerings that satisfy their needs.
UAE citizens are known to be one of the leading countries in internet penetration where
92% of its population has access to the internet.
This great degree of connectivity to the internet
show the importance of online resources when
marketing in countries such as the UAE because
of the huge exposure and awareness potential
("UAE Internet Social & Mobile Statistics 2015
Infographics, 2016).
The market for luxury products and
brands has been growing In the UAE over the
past few years. This steady increase in the need
for luxury brands within the UAE has resulted
into the introduction of various luxury brands and
services over the years. One of the indications of
this growth is the opening of ‘Tryano’ which is a
UAE based luxury retail store that has become a
destination for all the buyers of luxury brands in
the UAE because of its huge collection of top
luxury brand offerings.
1 Retrieved from: http://www.globalmediainsight.com/blog/uae-internet-stats-infographics-2015/
Objectives
The objective of this project is to analyze the impact and effectiveness of online resources
such as brand websites, social media and other online tools on a Luxury brand DNA, the project
will also help us monitor the effectiveness of transfer of DNA through these online resource.
There are certain factors that can possibly have an impact on the transfer of brand DNA and the
Brand DNA itself, transfer of brand DNA is the essence of any successful luxury brand where it
is important to monitor the different factors and their effectiveness in transferring luxury brand
DNA to the target market.
Our focus is to analyze all the factors related to online resources such as website, social
media (Twitter, Instagram, Facebook, Google+….) in order to measure the effectiveness of these
resources within the luxury brand industry. To clarify, we basically want to identify whether
each brand has its DNA flowing their internet media tools.
Information needs
We need to first research our target market because it is important for us to know who
our target are and what type of online tools they use. Furthermore, we need to gather data on
several online metrics such as Brand search volume, Lead growth, Brand sentiment and inbound
links in order to analyze the strength and weaknesses of each luxury brand. By combining these
data with our factors, we will be able to discover which factors have the greatest impact on
luxury brand DNA and the transfer of these DNA.
Brief History of the Brands
Dior 2Dior was established on 16th of December 1946 by designer Christian Dior in a private
house at 30 Avenue Montaigne, Paris. Christian Dior was backed by Marecel Boussac to
establish his own couture house. Today the
company designs and sells leather products,
fashion accessories, footwear, jewelry,
fragrance, cosmetics, skincare products, and
ready-to-wear products while remaining firm in
their tradition of creating recognized haute-
couture(Senft, 2011). Their first spring/summer
collection was launched in 1947 at their
headquarter salon. In 1957, Christian Dior succumbed to a heart attack and died in Italy. After
his death, Yves Saint Laurent who was his assistant took over as the artistic director of the
company (Senft, 2011).
2 Image retrieved from: http://us.christofle.com/us_en/the-brand/timeline
Christofle
Christofle was founded in 1820 by Charles
Christofle who was a jewelry manufacturer by trade
working at his small family business. Christofle is
known for their luxury table service products
including the traditional silverware lines. They are
manufacturers of luxurious silver flatware, home
accessories and jewelry. Presently, Christofle is still
owned and managed by t3he founded family and is represented currently by Maurizio Borletti.(
christofle.com, 2016). Until 1998, Christofle
was publicly traded at the New York Stock
exchange before Borletti along with others
decided on taking the firm private. They
manufacture their products in France and Brazil
and are sold worldwide through 400 department
stores, specialty shops and 75 Pavilion
Christofle re4tail shops ("History of Christofle
SA – FundingUniverse", 2016).
3 Image retrieved from: http://cp91279.biography.com/BRAND_BIO_BSFC_108685_SF_2997_005_20131219_V1_HD_768x432-16x9.jpg
Chaumet
5The historical backdrop of Chaumet has been laced with the History of France right
from its establishment in 1780, in Paris and was
founded by Marie-Étienne Nitot. The Maison
rapidly turned into the official jeweler to Empress
Josephine. The High Jewelry savoir-faire of the
Maison has been gone down through eras of
goldsmiths for a long time. Made at the very heart
of the spot Vendôme, the adornments and
watchmaking manifestations mirror these
outstanding aptitudes and pay tribute to the
Parisian style. Chaumet is not only present in more than 80 boutiques throughout the world’s
main capital cities like Paris, London, Tokyo, Beijing, Hong Kong, Moscow, but also through a
vast network of approved retailers, that is about 450 points of sales. As of now, the company is
owned by the LVMH group (Maison Chaumet, 2016).
5 Image retrieved from: https://media.chaumet.com/is/image/chaumet/07-wide-boutiques-600-1622
Main Product Offerings
6Dior offers a variety of product lines from women’s fashion, men’s fashion, kid’s
fashion, which is known by “Baby
Dior”, to fragrances, make up, skin
care, and accessories. The women’s
fashion line consists mainly of bags,
shoes, and clothes. When it comes to
their bags, they have a wide selection of
styles that range from classical to
seasonal. For an example, their most
classic and iconic bag which is named after Lady Diana, the “Lady Dior”, and their more
seasonal bags such as Diorissimo, Diorama and much more. These bags differ in colors and
textures with each season, whether it is spring, winter, summer or fall. Some of the collections
feature exotic pieces such as, patent alligator, python and lizard leather, which are substantially
more expensive and valuable than the smooth leather they use(Dior.com,2016).. Moreover, their
shoe collection consists of pumps, boots & ankle boots, sandals, and sneakers, where the colors
also vary from season to season. Just like their bags, the shoes range from classical to seasonal;
the classical featuring plain colors and their iconic crisscrossed pattern, and their seasonal pieces
that have more creative ideas and styles(Dior.com,2016).. Furthermore, the clothes collection are
categorized into two sections, the first being haute couture and the second ready to wear. Moving
on to the men’s line, the line includes clothes and shoes. They also make customized suits, just
like they do for the haute couture clients. Another line that Dior offers is Baby Dior, this line is
consisted of clothes, shoes, and accessories for children and newborns. In addition, Dior offers a
variety of fragrances for men and women. One of their widely known fragrances is Miss Dior,
which was named after Christian Dior’s sister because of how much he adored her
(Dior.com,2016).
6 Image retrieved from: http://www.fluxlings.com/wp-content/uploads/2016/02/Mini-Superbrands-Dior-Boutique-at- Harrods.jpg
7 Chaumet offers jewelry and
watches that are French made. The
jewelry is categorized into different
collections, where each collection
symbolizes a different scenario. This
can be seen in The Liens collection,
where “lien” translates into the link,
which is the connection between
two things. This collection symbolizes the attachment of two pairs, and bringing their destinies
closer through a cross that represents the collection. Another collection, which is the Joséphine,
expresses grace and elegance. The ostentatious stones it features differentiates this collection
(Chaumet.com, 2016). Furthermore, the Hortensia or the Jardins collection targets women who
are passionate about flowers. They do that by providing floral jewels with colors as soft as the
flowers. Each of Chaumets collections
consists of rings, necklaces, head
ornaments, and bracelets. The brand also
offers a bridal collection, which includes
engagement rings, bridal sets, and men’s
wedding bands. Finally, Chaumet is known
for its exceptional watches, which are 8categorized into women’s watches, men’s
watches, steel watches, and gold or
platinum watches (Chaumet.com, 2016).
7 Image retrieved from: https://pbs.twimg.com/media/A8IkNdRCUAAdHKY.jpg 8 Image retrieved from: http://www.iwatchome.net/file/focus/1419222676Ghortensia.jpg
9 10 Christofle is a brand that provides home
necessities, fine silver products, and jewelery. It
is most known for the flatware it offers that
includes chopsticks, cutleries, for both casual
occasions, and expensive pieces for fancy
occasions. These flatwares differ from
collection to collection, where each collection
features a different pattern and style. In addition to that, it provides a variety of tableware that
consists of coffee and tea sets, creamers, and sugar bowls. It also provides sets for sauces and
spices, such as salt and pepper shakers (christofle.com,2016). In addition to that, it provides
crystal tableware sets such as crystal water glasses and ice containers. Moreover, the brand offers
a variety of products for babies and children, which include small cutleries, babies’ cups, and
picture frames. Furthermore, Christofle offers jewelry for both men and women, the women
jewelry includes necklaces, bracelets, earrings, and rings. The men’s jewelry consists of cufflinks
and money clips (christofle.com, 2016). Finally, Christofle offers pieces for home décor, such as
chairs, tables, candelabra, and sculptures, where
the pieces are categorized into designer collections
and heritage collections. Luxury homewear is a
whole industry on its own, which means Christofle
is not the only brand offering these products
(christofle.com, 2016).
9 Image retrieved from: http://www.landmark.hk/zh-CN/~/media/images/landmark/shopping/shopdetail/slider/christofle_1.jpg 10 Image retrieved from: http://www.vattanacinvestment.com/images/yootheme/store/christofle/christofle1.jpg
Defining Luxury Brand DNA and Factors Driving Luxury Brand DNA
Luxury Brand DNA is the essence of a luxury brand. For any successful luxury brand, a strong
brand DNA is behind it. It is vital for any luxury brand to have its creator’s vision intact because
it is what the luxury brand represents.
In order to identify key traits we analyzed several sources which are “The Management of
Luxury: A Practitioner's Handbook” by Benjamin Berghaus (2014), “The DNA of Luxury" by
Diaz (2015), “Enough to say Dior” by Esterhazy (2013), "Luxury Marketing: Critical evaluation
of Chanel &Hermès." By Melis Yurtbay, and "Christian Dior Couture" by Toledano .By using
these sources we were able to identify several traits that define a luxury brand DNA:
Hedonism
In Luxury brands, hedonism far exceeds the functional utility. Luxury brands gives
buyers sensory pleasure and aesthetic beauty. Luxury brand focuses extensively on individual
pleasure seekers.
Rarity
There should be limited accessibility to luxury brands. Distribution should be tightly
controlled. The actual know-how, raw materials, and manufacturing process should be
controlled. .
Exclusive experience
The in-store experience should be multi-sensory by granting consumers the opportunity
to observe and feel different luxury products.
Social Marker
Luxury brands represents the social elevation of luxury buyers. Luxury creates social
stratification by adding a sense of belonging or being part of a social class within the special
luxury group. The concept of luxury changes the way that a luxury buyer perceives himself or
herself.
Dream
Luxury brands create a dream for luxury buyers.
Superlative
True luxury brands never compare themselves to other luxury brands. Luxury brands
have to be superlative, not comparative.
History
The history and the myths. The heritage and the story behind luxury brand. The heritage
gives each luxury brand its own culture which is reflected in all of its products and services.
Therefore, Luxury brands trace their origins into all of their activities.
Innovation
Luxury brands focus on uniqueness, originality, and creativity by adopting a significant
competitive advantage.
Unattainable
Luxury brands make it difficult for buyers to purchase luxury products. The desire
towards a luxury brand increases with greater inaccessibility. Luxury brands have to include
necessary challenges to this desire to make luxury buyers should appreciate the luxurious
products. They can add obstacles to logistics by making it difficult to find the shop. Also, they
can prolong the manufacturing process of a customized luxury product so that the desire in
consumers increases while waiting impatiently to claim their final customized product.
Quality
Luxury brands must have the best materials and technology. A luxury product is not
likely at all to be thrown out. Luxury buyers significantly value their luxury products and thus
they will repair them. Luxury buyers are certain that their products are always available to serve
their needs. Luxury brands have to be qualitative by using materials with quality to keep it
sustainable.
Aesthetics
The brand focuses massively on style and fashion. At the same time, the brand has a
unique, classic factor to it. A luxury brand is designed to be perfect and pleasing to one’s senses.
Extraordinary
Luxury brands offer products and services that are meaningfully unique and different
from other luxury brands. Luxury brands offer different things that are unusual or unexpected to
keep the brand extraordinary.
Timelessness
Luxury brands should not aim at following and staying up-to-date with the fashion trends.
A luxury product should be a durable product that will remain as significant as it is even in the
future.
Way of Life
A luxury products represents the life that a luxury buyer wants to live.
Exclusivity
The more difficult it is to own a luxurious product, the more valuable it becomes in the
minds of consumers.
Provenance
The heritage and country of origin determines the legitimacy. Also, the luxury brand
owns part of the culture of the country from which the brand was primarily founded.
- Introduction
- Objectives
- Information needs
- Brief History of the Brands
- Dior
- Christofle
- Chaumet
- Main Product Offerings
- Defining Luxury Brand DNA and Factors Driving Luxury Brand DNA
- Hedonism
- Rarity
- Exclusive experience
- Social Marker
- Dream
- Luxury brands create a dream for luxury buyers.
- Superlative
- True luxury brands never compare themselves to other luxury brands. Luxury brands have to be superlative, not comparative.
- History
- Innovation
- Unattainable
- Quality
- Aesthetics
- Extraordinary
- Timelessness
- Way of Life
- Exclusivity
- Provenance
- Online Factors of Brand DNA:
- What is Transfer of Brand DNA?
- Description of Target Customer
- Methodology
- Observations (DNA Factors and it’s transfer)
- Results and Analysis of Results
- Observation Results and Answers
- Dior’s DNA factors Analysis – “Is it Dior?”
- Chaumet’s DNA factors Analysis - “Is it Chaumet?”
- Christofle’s DNA factors Analysis – “Is it Christofle?”
- Survey Results and Analysis
- 1 on 1 discussions and considerations
- Dior:
- Chaumet:
- Christofle:
- Conclusion and Future Directions of the brand
- Reference List:
- Appendix
- Interview 1
- Interview 2
- Interview 3
- Interview 4
- Interview 5
- Interview 6