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Our society's status symbols are evolving.
Today: the beginning of a new 6-part series on how status symbols are changing in response to the decline of the luxury industry and a hypersaturated image culture. Will be packaging it up at the end of the series in my free newsletter, which u can find in my link in bio.
#marketing #brandstrategy #luxury#marketingstrategy #brandmarketing
Transcript
What bad status symbols look like in 2025 and how have they changed? Let's talk about status after luxury. Last year I made a video about the decline of the luxury industry's status as a status symbol. The core of that video was that digital media has fueled a cultural oversaturation of products. Even if they were physically scarce, it's too easy to go online and spot a million pics of a Birkin bag or a Lambo, so it loses its mystique. It doesn't matter how much it worst, this is best. Of course, made worse by Duke culture. Even so called slow luxe brands like Brunello Cucinelli have been appropriated via the old money aesthetic where we learned, actually babe, your culture is my costume. Over the past ten years, it's actually been the beauty industry on the throne as the key status symbol. Great skin, teeth, hair, cheekbones, etcetera. But now even that's been eroded through the democratization of skin care, cosmetic procedures, and now even weight loss medication. That means we're getting closer and closer to looking just like the people that we aspired to best, while also conversely starting to look exactly the same. In an oversaturated image culture, the new status symbols can't just be things that are compressed into the visual realm. They've got to be behavioral. Over the next couple weeks, I'm gonna go into what I'm seeing as six key post luxury status symbols that are emerging in 2025. And what brands need to do to be able to participate in these status symbols rather than being left behind. I'll also be packaging them up in a report at the end that you can find in my free newsletter. Link in bio. See you there.