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 base beneath it.”
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.
Leverage flagship products to boost overall sales.
Themes
Mood
Type
When to use this quote
- retail strategy
- product launch
- brand positioning
Key Concepts
Questions to Reflect On
- How can brands balance luxury and affordability?
- What risks arise from over‑emphasizing high‑price items?
Relying on luxury items can alienate budget‑conscious consumers.