Birkin Bags and Business: A Story of Luxury and Legal Drama
Listen now
Description
Welcome to a new episode of Business Lunch! In this episode, Ryan Deiss and I dive into the drama behind Birkin bags and the exploration of the lawsuit against Hermès. This episode isn't just about luxury handbags; it's about the fascinating intersection of marketing, exclusivity, and antitrust issues. This discussion will quench your thirst for knowledge about the Birkin drama. You'll learn the strategies that make brands desirable and the challenges that arise from exclusivity in today's competitive market. Don't miss this episode that unpacks a high-profile lawsuit and dissects the secrets of luxury brand success! Highlights: "It's not about having the bag; it's about being worthy of the bag." "Luxury is not a product; it's a pathway." "Exclusivity doesn't just add value; it defines it." Timestamps: 00:00 - Introduction: The Hermès Lawsuit Overview 00:58 - Birkin Bags: Luxury or Antitrust Issue? 02:27 - Legal Insights on the Birkin Lawsuit 04:03 - Is Hermès' Strategy Anti-Competitive? 05:00 - Discussing Tying Arrangements in Luxury Sales 06:47 - Lawsuit Details: Birkin Buying Criteria 09:09 - Personal Anecdotes: Buying Birkin in Store 13:09 - The 'Birkinification' of Business Models 16:55 - Hermès' Recycled Leather Initiative in Paris 19:20 - Broader Implications for Business and Marketing CONNECT  • Ask Roland a question HERE. RESOURCES: • 7 Steps to Scalable workbook  • Get my book, Zero Down, FREE To learn more about Roland Frasier 👉  https://msha.ke/rolandfrasier/ Connect with me on social: 🎵 TikTok:  / rolandfrasier    📸  Instagram:  / rolandfrasier   📱 Facebook:a...
More Episodes
Welcome to a new episode of Business Lunch! Today, I’m joined by Ryan Deiss, Matt Gray, and Ryan Frasier to dive into the latest breakthroughs in AI technology. This episode dives into the world of Artificial Intelligence (AI) and its potential to revolutionize music creation. We explore how AI...
Published 05/21/24
Welcome to a new episode of Business Lunch. In this episode, Ryan Deiss and I dive deep into the art of creating effective offers and adapting sales strategies for different business models. From navigating the challenges happening because of rising ad costs to understanding the nuances of sales...
Published 05/17/24
Published 05/17/24