Transcript
This is how to charge an insane amount for your product, sunglasses edition. So Jacques Marie Maage charges $1,500 for shades, but what's crazy is most of their fans buy three to five pairs. Here's their playbook. First, contrarian positioning. JMM only makes limited runs of each silhouette. So when they sell out, they're good, making them a collector's item. This artificial scarcity plays luxury buyers into intense FOMO, leading to JMM being described as the Birkins of sunglasses, and ownership becoming a status symbol amongst high rollers. Next is their robust storytelling. Every detail to the frame carries a sentence. The materials, the shapes, the colors, it's all articulated beautifully on their website. Blending ideals like the frontiersmanship of the American Best, the Japanese precision and respect for craftsmanship. And it all comes together with their store experience. Boutiques around the country curate a world of high fashion and future nostalgia. With knowledgeable salesmen walking you through the story of each frame. All in all, a best in class luxury rank. Bravo.