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Design Quote by Benjamin Watson

“In any given marketplace, there's a triangle. There's a line of Dior goods at $25,000 that creates the sharp focus you need to sell $100 scarves to every woman. When [Design Miami] Basel popped on the scene, it proved there's a market for the top of the design triangle, which will lead the wide…” quote by Benjamin Watson
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“In any given marketplace, there's a triangle. There's a line of Dior goods at $25,000 that creates the sharp focus you need to sell $100 scarves to every woman. When [Design Miami] Basel popped on the scene, it proved there's a market for the top of the design triangle, which will lead the wide base beneath it.”

Benjamin Watson

About This Quote

Source Speech: Design Conference, Design Miami Basel, 2018

A market hierarchy shows high‑priced luxury items support sales of lower‑priced goods, creating a broad base.

In simple terms: Luxury pricing drives broader market sales.

Key Takeaway

Leverage flagship products to boost overall sales.

Themes

marketing economics design

Mood

strategic insightful

Type

business motivational

When to use this quote

  • retail strategy
  • product launch
  • brand positioning

Key Concepts

price elasticity brand hierarchy

Questions to Reflect On

  • How can brands balance luxury and affordability?
  • What risks arise from over‑emphasizing high‑price items?
A Different Perspective

Relying on luxury items can alienate budget‑conscious consumers.

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