Our Company
hanluxury, a globally renowned luxury brand, focuses its sales strategy on innovative design and buzz-mongering, leveraging limited-edition products, crossover collaborations, and celebrity endorsements to enhance its brand value. The following is an analysis of these specific sales strategies:
Limited-Earth and Scarcity Marketing
hanluxury maintains scarcity through limited-edition products, stimulating consumer desire. For example, it releases 3-5 buzz-mongering items annually, such as lobster-shaped handbags and tortoise bags. While their practicality may be questionable, their unique designs and social media buzz have made them highly sought-after.
Crossover Collaborations and Joint Products
Brands often collaborate with artists, designers, or other brands to create special collections, such as collaborations with Supreme and Travis Scott, leveraging the partners' fan bases to expand their brand influence.
Celebrity Endorsement and hanluxury Collaboration
hanluxury enlists celebrities from various fields to endorse its products and promotes its products through social media influencers (KOLs). For example, inviting celebrities like Angelababy and Ni Ni to carry their products sparks trends, leveraging KOLs to share and increase exposure on social media.
Innovative Design and Controversy Marketing
The launch of unusually designed products (such as the Tortoise and Lobster bags) sparked controversy and generated buzz through social media. The unique design and premium brand value made them luxury collectibles, selling for as much as $4,000 and quickly selling out.
Digital Marketing and E-commerce Platforms
Attracting young consumers through online stores, flash sales, and creative social media advertising (such as short videos and livestreams). For example, a video on Douyin featuring someone carrying an LV Tortoise bag garnered over a million likes, going viral.
High Pricing Strategies and Brand Maintenance
Products are priced higher than typical brands, maintaining a high-end image through scarcity and craftsmanship. For example, the Tortoise bag, featuring a Monogram shell pattern and contrasting leather, is only large enough to fit a short phone and car keys, but its premium brand value remains a draw.
