What can luxury brands learn from Gucci's digital strategy?

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Gucci is reinventing itself by creating digital content and digital products Marco Bizzari as CEO and Alessandro Michele as Creative Director, Gucci has managed to implement a marketing strategy targeted at Generation Z, i.e., the group of consumers with apparently low buying powers but high influences. According to Forbes, Sarah Willersdorf, Partner and Managing Director at BCG said that, while these young audiences only represented 4% of the world’s overall luxury consumption in 2018, the percentage was bound to double by 2020...

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What can luxury brands learn from Gucci's digital strategy?

Artificial intelligence in marketing: History, definition, types, examples and benefits

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Artificial intelligence in marketing According to research, global AI spending is said to reach $77.6 billion by 2022, while its business value, as estimated by Gartner, is expected to reach $3.9 trillion. In addition, the state of AI by McKinsey shows that 50% of companies interviewed have adopted AI in at least one business function, mainly in service operations, product or service development, and marketing and sales...

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Artificial intelligence in marketing: History, definition, types, examples and benefits

Virtual Try-on: The Next Big Thing in Luxury Business

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Virtual try-on catching on? Virtual try-on technology enables customers to try on products using their camera equipped devices such as mobile phones. With the help of Augmented Reality, users may contextually visualize the item in which they are interested, interacting and confirming the style, the size and the fit before making a purchase...

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Virtual Try-on: The Next Big Thing in Luxury Business

Why and how to make user-generated content a strong pillar of your luxury marketing strategy?

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What is user-generated content? User-generated content (UGC), also known as user-created content (UCC), is any form of content that is posted by netizens on digital platforms, such as social media and collective databases and websites. UGC has been an important tool for the online environment ever since the early 2000s, when Wikipedia, the most successful collaborative encyclopedia, was created...

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Why and how to make user-generated content a strong pillar of your luxury marketing strategy?

What is neuromarketing? And how is it related to your luxury brand?

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Many of the biggest companies in the world are using neuromarketing right now, to dive into consumers’ minds and to understand how they respond to external triggers and how instincts work. Names like Microsoft, Pepsi, Daimler, Mercedes Benz have been investing in the practice to test designs, products and advertisements, while luxury brands are looking for a new way to convey messages, pushing exclusivity, elegance and an inspirational lifestyle through communications and products...

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What is neuromarketing? And how is it related to your luxury brand?

2D VS 3D: Which works better for your eCommerce?

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This article on “2D VS 3D” compares 2 most popular methods to showcase products in ecommerce websites- 2d images and 3d models, in terms of customer engagement and conversion rates. Ecommerce is gaining increasing popularity The estimate of people shopping online today is about 2 billion. This is roughly 25 per cent of the world’s population, and those numbers are still growing massively By the end of 2021, e-commerce is expected to take over 17...

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2D VS 3D: Which works better for your eCommerce?

Customization: 7 Tips From Industry Experts

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A simple introduction to customization Customization is defined as the act of modifying the supply chain to deliver goods and services which are adapted to satisfy a specific customer’s needs. As the world’s largest supplier[1] of athletic shoes and apparel, Nike already had a worldwide reach, yet unfortunately they were losing touch with the end consumers...

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Customization: 7 Tips From Industry Experts

How to optimize your ecommerce conversion rate, especially in the luxury business?

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The coronavirus pandemic has impacted the way shopping is done, directing people towards digital channels. As McKinsey points out, in October 2020, more consumers worldwide confirmed that they expected to make a bigger portion of their purchases online, compared to periods before the COVID-19 crisis. This change spanned across all categories, from groceries, to jewelry, apparel, footwear, and accessories...

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How to optimize your ecommerce conversion rate, especially in the luxury business?

How can you use 3D visualization for marketing purposes and is it worth it?

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3D visualization definition and its estimated market size If you have been reading our blog, you might already have an interest in 3D visualization, an area about which we, at Hapticmedia, are very passionate. 3D visualization combines a series of technologies such as computer-generated imagery, 3D modelling, rendering and graphics to create three-dimensional imagery which resembles reality so closely that it might be hard to differentiate from a real photo or video...

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How can you use 3D visualization for marketing purposes and is it worth it?

Everything You've Ever Wanted to Know About Digitalization

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What is digitalization? Digitalization is described by Gartner as “the use of digital technologies to change a business model and provide new revenue and value-producing opportunities; it is the process of moving to a digital business.” For the past decades, businesses have been evolving towards digitalization and trying to shift into a more technological approach that adopts digital tools in everyday tasks, at both individual and organizational levels, to have more accessible and transparent data, faster processes and higher productivity...

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Everything You've Ever Wanted to Know About Digitalization