Viewing entries tagged
luxury real estate marketing

Throwback Thursday: Branding Moment with History plus Localism Strategy

Standing out from the crowd of sameness is a concept we highly recommend to those who want to dominate their marketplace in the real estate industry. Whether you are a luxury real estate marketing professional, or focus on any other part of real estate, differentiation is key in your branding and strategy.  Here is an example of using a brand strategy that implies history and localism.

We came across these bottles of wine (pictured above) in one of our favorite upscale supermarkets in town.  These bottles stood out among the rest.  They look like they came from and ancient cellar laden with dirt and dust, when making glass bottles had not been perfected.

Our research revealed that in 1952, Père Anselme came up with the idea to create a bottle that would evoke the origins of wine.  Its theme (according to their website) "The wild movement of the grenache vine twisted in the strong Provence Mistral wind".  Mistral is a strong, cold northwesterly wind that blows through the Rhône valley and southern France into the Mediterranean, mainly in winter. Even the bottle reflects the force of the Mistral winds, and the gnarled vines.

This bottle shape is a “fiole”.  Translating the French into English, it means, vial, or flask. In ancient times, liquids in vials were thought of as precious and of great value.  The bottle was created by local master glass craftsmen, and is exclusive to the Brotte family.  

The fiole is used to bottle non-vintage wines, a blend of the best vintages of Chateauneuf-du-Pape from current and past years. This is a common practice in the Champagne region.  Quite often you will find that the non-vintage blends taste better and are rated higher than their vintage counterparts.

Reviews on this wine are mixed among the critics. We did not buy it on the look or label.  We admired it for its originality and concept.  They do stand out among the rest with their brand strategy of history plus localism. a

Branding: How Attractive Is This New Brand in Beverly Hills?

One of the first rules in luxury real estate marketing and branding strategy is to identify your market, and to thoroughly research and know without the shadow of a doubt if that market will generate the income to support your lifestyle.  This is the first priority.  Selecting a name and creating a brand will naturally follow from this exhaustive search and discovery.

Today in the wee hours of the morning, we were touring Rodeo Drive, Beverly Hills' prime retail street. Among all the established brands, we found this new one called Billionaire.

Our first question in a luxury real estate marketing and branding project would be:  Who is your target buyer?  California is home to 92 billionaires, and the majority live in Northern California.  The US has a total of 540 billionaires, and the world has 2,208 billionaires according to Forbes Magazine, May 2018 issue.  Is that a high enough pool of customers to meet their rent, their cost of goods, and their employees salaries?

We have met and spent time with a handful of billionaires (US), and our impression is that they would not be attracted to this store.  Other than a prestigious yacht club crest on a polo shirt, we have not observed any with a "billionaire crest" blazer, nor "billionaire" brand crests on their casual shoes.  The majority are humble and do not brag or advertise their wealth. The use of a lion headed mannequin is implying that billionaires are "kings of the jungle." Is that attractive, or is it an overused and trite symbol of wealth?

We would guess that their prices are on par with the neighboring stores on either side of the street. We ask our readers:  "Who will buy this Billionaire Label?, Who will this label attract?"  We look forward to hearing your answers.  

Throwback Thursday: Which Niche Can Make You Rich Part 2

As we promised last week on our Throwback Thursday post, here is the next installment of our video course, which was inspired by webinars we had done both for Active Rain and Zillow on the subject of niches. Our entire course can be found on our website if you are curious to see it all at once.  Here is part 2 of the course.  We named this video:

The Most Powerful Law of Niche Marketing

Mind-share precedes market share. Focus on capturing MIND SHARE FIRST.  Market share will follow. It must follow according to this law. Click the image above to watch the video. 

Enjoy!


 

Ultimate Travel Bucket List and Luxury Real Estate Markets

There is a strong correlation between the top luxury vacation destination and popular second home market places for high net worth homebuyer. Quite often, what is on someone's ultimate travel bucket list is also a second home luxury real estate market place.
While perusing the WSJ, we found "The Ultimate Bucket List Travel Guide".  Different destinations were discussed and the standout for us was Karen Maezen Miller's (A Zen Buddhist Priest and author of Paradise in Plain Sight: Lessons from a Zen Garden.

She wants to visit the temples and gardens of Kyoto (also on our Bucket List). Her destination is Ryonaji Temple, which has a water basin for ceremonial hand washing.  Inscribed ion the basin are these words: "I am content with what I lack".  She remarks,  "so if I never make it to Kyoto or Ryonaji, I can still be satisfied."   These photos were taken at the Ryonaji temple.

Our research revealed many luxury real  estate companies that specializing in Kyoto, both local and international.

What is on your Ultimate Travel Bucket List?

Written by Ron & Alexandra Seigel- 

ABOUT:  Napa Consultants, International is the leader in brand strategy for the luxury real estate industry.  They work exclusively with professionals who are passionate about gaining or sustaining market leadership. With an expertise in personal branding, company branding, luxury real estate website design and social media marketing they help their clients become the breakaway brand in their marketplace.