we grow high-quality brands
we grow high-quality brands
we grow high-quality brands
The agency that grows your luxury e-commerce
We help you generate a predictable stream of luxury customers, making your e-commerce-store really profitable.
Why so many luxury e-commerce stores fail to grow
Selling luxury items online is hard. Acquiring customers and building a brand takes more time and resources than non-luxury e-commerce. Organic growth is painfully slow, social media doesn't drive measurable results, advertising is expensive and on top: professional pictures and videos required for luxury brands needs a lot of investment.
THE RESULT: A DEADLY STAGNATION CYCLE
Luxury e-commerce retailers know that to grow their e-commerce revenue, they need to invest. But when they do, they end not getting any results. This significantly hurts profits of the business, which then leads to a lack of investment, which then leads to a spiral of lack of investment and lack of growth.
HOW LUXURY
STORES END UP IN
STAGNATION:
They use strategies that aren't made for luxury
Luxury e-commerce works differently than ones that sell regular products. These strategies can be detrimental to luxury brands, making them invest in the wrong places and costing lots of money.
When they invest more, they don't get more sales
They know this deep down, and it is a tough pill to swallow. If investing more money in advertising, hiring a social media manager, designer or SEO specialist and their revenue doesn't increase, they are wasting money.
Most of their customers only buy once
Customers that only buy once never make stores any money. If they can't attract luxury shoppers who become fans and purchase multiple times, they end up in stagnation faster than they think.
They hope that the next marketing "hack" will finally help you grow
One specific marketing initiative will not suddenly increase profit, no matter what it is. They will just invest money again and lose it.
common myths that are killing luxury e-commerce growth
- Better design, copy or ads will at some point get you to grow.
- Social Media/SEO/Advertising, if done more, better or by the right person, is going to lead to sustainable growth.
- If you wait long enough, you will grow organically, by word of mouth or by recommendation.
- The right ad at the right time will get people to purchase.
- It doesn't really matter who buys, as long as they buy.
WHAT IS really needed for growth
Luxury e-commerce shops often focus on sales - which is understandable, as they need to keep the lights on. Sales alone however, don't make for a healthy business. Sales can come from decreasing the price, giving out discounts & doing promotions - everything a luxury business should be doing at all, or at least not frequently.
If you spend your resources on sales, you forget to focus on the most important thing: suitable customers. There are very few businesses who can afford to attract customers who only buy once - especially not those in the luxury industry. That is why luxury e-commerce stores must focus on in order to thrive.
What is a luxury shopper?
If your products are already being sold in person, they are already being bought by them. Luxury Shoppers have the ability to buy luxury products that they want, without thinking about the price, waiting for a sale or asking for a discount. They appreciate quality, make and values that independent luxury shops have to offer. They care deeply about your product and experience but also have high expectations toward reliability and design. These customers are shopping online but to attract them is a challenge. As they care about multiple facets of your business, sticking out towards your competitors, but also lower quality and value brands, is difficult. Luxury shoppers do not want to be dissapointed although they have the means to spend money. Gaining their trust and custom is difficult but also incredibly rewarding. They have the means and willingness to buy often and at full price.
6 insights - 6 Principles of our Strategy
No reach, no growth
Visibility
Focus on "ideal"
Targeting
Story isn't optional
Branding
14 touchpoints
Nurturing
If they want, let them
Optimise
Market with intent
Strategy
HOW WE GROW YOUR LUXURY E-COMMERCE
Our luxury funnel system is built on years of experience in growing luxury e-commerce brands.
TO GROW?
BEHING OUR
AGENCY
"For almost 10 years I helped some of the biggest brands in the world maximise their E-Commerce Sales with Social Media, Advertising, AI and Machine-Learning.
Today, I help small, high-quality brands to compete and grow."
Nicholas Philip Stricker - Founder