eCommerce Marketing For Luxury Brands: 6 Ways to Attract Affluent Customers


Do you feel like your marketing could use some help in attracting the right customers who are thrilled to buy your products?

When it comes to marketing high-end or luxury products, it’s important to make sure that you are attracting the type of customers who value quality products.

To effectively attract customers who don’t mind spending more, you must position your products differently than a standard-priced product.

Let’s dive into eCommerce marketing for luxury brands and find out how to attract affluent customers to your online store consistently.

Before diving in, let’s get some clarity on what exactly is eCommerce marketing for luxury brands.

Before diving in, let’s clarify what exactly marketing is.

Marketing is the method you use to consistently promote your products in order to attract customers to your business.

Over the years, the word marketing has gotten a lot of negative connotations due to people utilizing sleazy and unethical methods to make a sale. 

My marketing approach is that it should be a genuine conversation between people. With no pressure or ickiness. 

This is why I’ll be going over practical and sustainable marketing methods to help you attract buyers who want to invest in luxury goods.

These suggestions are in no particular order but let’s start with a common method of marketing today, social media.

Utilize Social Media to Market Your Luxury Products

Social media marketing is a great way to build more engaging customer relationships. It lets your customers see firsthand how your products can be used in everyday life. 

Plus, when utilized correctly, you can help influence the perception of your brand through lifestyle content. 

There are several social media platforms you can use to market your luxury products. My suggestion is to start with the one that aligns with your brand and that your customers use most often. Then branch out to other platforms as you see fit. 

Depending on the type of luxury products you sell, you can use platforms such as:

  • Instagram
  • TikTok
  • Pinterest
  • Facebook

These platforms allow you to create various content formats, from written posts, to short videos, and even live videos. 

They also allow you to link easily to the products you are featuring so that you can sell more effectively. 

To maximize your time using social media, you can also establish relationships with those with an audience of people who love to buy high-end, which is working with influencers.

eCommerce Marketing For Luxury Brands: 6 Ways to Attract Affluent Customers

Partner with Influencers to Market Your Luxury Products

Influencer marketing has been around for a while, and it’s a great way to expand your business reach. Allowing you to get your message out there to a targeted audience.

Influencers often have a community of like-minded people who tend to love certain products. Because the person influencing the community has built a strong relationship with their audience. 

They can recommend products that can easily get noticed and become a customer fav. 

My recommendation is to find an influencer that has great engagement with a community of people you want to get your products in front of. Then reach out to them, make sure they align with your brand and have a conversation about what a potential partnership could look like if you decide to work together. 

Social media and influencer relationships aren’t the only way to get in front of more affluent buyers. An often overlooked method is media such as print, web, and television. 

Use Traditional Media to Market Your Luxury Products

I’m going to say traditional media because these channels have been highly effective over the span of time. That is using media such as magazines, web publications, and television features to get in front of more affluent consumers.

This is especially true for magazines where people who have more income have highly targeted magazines that they frequently read. 

Luxury magazines that affluent consumers read are:

  1. Robb Report
  2. Highsnobiety
  3. Luxe Digital
  4. How to Spend It
  5. Tatler

And several others, you can reach out to these magazines, for example, to discuss advert placements and more. 

The same could be said for television programs. Research which programs target those who tend to invest in certain high-end goods. Then reach out to the networks to see which ones you can work with to get featured.

Leverage Events to Market Your Luxury Products

Amazing products are often discovered at events, and it’s a great way to connect 1:1 with customers to get their insights into their thoughts about your products. 

As a luxury brand, you can leverage events by partnering with specialty boutiques to help get your products in front of certain customers. 

The great thing about this method, in addition to building a more personalized relationship, is that these customers are already primed to invest in higher-priced products. 

If you are located where you can access the more affluent stores and neighborhoods of your community, this is a great way to connect. 

Make an introduction to the locals in the area and build genuine relationships with them. You never know how far word of mouth will go and so this is just another great avenue to expand your luxury brand’s reach.

Pay for Ads to Reach Affluent Buyers

Paying for ads to reach a specific demographic is a great way to see ROI from marketing. 

When you decide to invest in ads, you can do them yourself or hire a professional. If you want to test running ads yourself, be sure to do your research. Ultimately, I recommend hiring a professional, as they will have the skills to know what type of ads convert. 

Ads are a great way to reach those who spend money on high-end goods. Many advertising channels such as Google, Facebook, Instagram, Pinterest, and even LinkedIn have a lot of valuable insights to reach buyers you’d like to introduce to your business. 

Once you have attracted the type of traffic you want for your business. Understand website visitors most likely won’t be ready to buy on the first visit. So be sure to have a system set up for email marketing.

Convert Affluent Buyers With Email Marketing

Email marketing, in my opinion, is a must for any eCommerce business. Email marketing allows you to build a great relationship with your customers. 

When new visitors come to your website, they may not be ready to buy. But you also don’t want them to forget you as well. So invite them to join your email list.

An email list allows you to help people understand more about your business. By building trust and educating them about your brand. 

Luxury consumers love to know more about what they plan to invest in, so you are just helping them to get closer and closer to buying your products. 

Plus, by them being on your email list, you can continue to offer them additional products that they will be interested in buying.

To get people to sign up to your email list, you can offer a discount, free shipping, or a reward for signing up. People are happy to pass over their email for something of value. Make it good so you can have high conversions!

Conclusion

eCommerce marketing as a luxury brand may look slightly different, but it’s worth the effort to build a sustainable and timeless business. Each of these methods is a great way for you to expand the reach of your business, build relationships and increase luxury product sales.

eCommerce Marketing For Luxury Brands: 6 Ways to Attract Affluent Customers

k-tmc

I'm Karen, the Luxury Brand Strategist, and eCommerce Expert behind The May Creative, where I help modern luxury brands create sophisticated luxury branding & eCommerce experiences on Shopify. Learn more about elevating your business through The Luxury eCommerce Experience™, a high-end luxury strategy, design, and marketing engagement.

Karen

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