Here are a few facts:
- People earning over $250,000 earn 36% of all the income and control 70% of the net worth in the U.S.
- 96% of people earning over $50,000 will pay a premium for at least one type of product. That is 122 million Americans. (Since today we market globally, that’s a drop in the bucket).
- Women have always been important as consumers and influencers of spending, but now nearly 25% of married women out-earn their husbands.
- Today there are more couples with fewer kids, people are living longer, and there are more singles with more money to spend on themselves.
- Globalization provides a world-wide market for luxury goods. Premium retailers have expanded overseas to reach those markets and entrepreneurs have the same or maybe an even better niche opportunity than large chain stores.
Now that you understand how powerful the affluent market is, what should you do?
My friend, Linda P. Jones is offering a complimentary call that can help you. It’s called: “7 Mistakes to Avoid When Creating a Luxury Brand.”
In this complimentary teleclass happening on Thursday, February 21st at 1pm PST / 4PM EST, you will learn:
- WHAT A LUXURY BRAND IS AND THE SECRET TO ATTRACT HIGH-END CLIENTS
- THE #1 MOST IMPORTANT THING TO KNOW WHEN CREATING YOUR LUXURY BRAND
- 7 MISTAKES MOST ENTREPRENEURS MAKE WHEN TRYING TO BECOME A LUXURY BRAND AND HOW TO AVOID THEM