fluxx studios, down the lane from St Paul’s Cathedral
   22nd November 2012

[x] fluxx.uk.com   @fluxxstudios
Fluxx is…
       A product and service innovation company 

       /     Strategy, vision, experience design, content
       /     Incubation, Labs, and lean product development 




[x] fluxx.uk.com   @fluxxstudios
[x] fluxx.uk.com   @fluxxstudios
FLUXURY FORTUNES
 1   MERCEDES-BENZ    30.1bn
 2   BMW              29.1bn
 3   LOUIS VUITTON    23.6bn
 4   GUCCI             9.4bn
 5   AUDI              7.2bn
 6   HERMES            6.2bn
 7   CARTIER           5.5bn
 8   TIFFANY           5.2bn
 9   PORSCHE           5.1bn
10   BURBERRY          4.3bn
[x] fluxx.uk.com   @fluxxstudios
[x] fluxx.uk.com   @fluxxstudios
/     Heritage
    /     Service
    /     Craftsmanship, design or quality
    /     Exclusivity
    /     High cost

The key luxury attributes
[x] fluxx.uk.com   @fluxxstudios
Omni-­‐Channel	
                Commercialisa0on	
     Storytelling	
  


            This evening is about looking at the hot
            topics for 2013



[x] fluxx.uk.com   @fluxxstudios
Omni-­‐Channel	
                Commercialisa0on	
     Storytelling	
  

                                    “Omni-Shambles”




[x] fluxx.uk.com   @fluxxstudios
Omni-­‐Channel	
                Commercialisa0on	
     Storytelling	
  

         The tension between restrictive marketing agreements, and
         consumers’ increasing attitude that the ‘channel’ within
         which they transact is irrelevant.
    /      The history and future of luxury brands’ attitudes towards
           transactional capability across all channels

[x] fluxx.uk.com   @fluxxstudios
Omni-­‐Channel	
                Commercialisa0on	
        Storytelling	
  

         How to grow a luxury business, yet retain its core allure,
         values and prestige

    /      A look at the different ways in which businesses are
           approaching this whilst trying to avoid some of the pitfalls

[x] fluxx.uk.com   @fluxxstudios
It’s not all red carpet
[x] fluxx.uk.com   @fluxxstudios
Kazakhstan: a hidden gem
[x] fluxx.uk.com   @fluxxstudios
Oman: a small but growing market
[x] fluxx.uk.com   @fluxxstudios
Mongolia: a thriving economy
[x] fluxx.uk.com   @fluxxstudios
[x] fluxx.uk.com   @fluxxstudios
Omni-­‐Channel	
                Commercialisa0on	
       Storytelling	
  

         Sometimes it’s just about new ways of approaching
         your home market
    /     A look at the different ways in which businesses are
          approaching this whilst trying to avoid some of the pitfalls


[x] fluxx.uk.com   @fluxxstudios
Omni-­‐Channel	
                Commercialisa0on	
     Storytelling	
  

     Telling stories is rapidly become the defacto way to
     communicate luxury and engage customers
    /  We’ll sample some different approaches to telling
          stories, and what to do if you don’t have any stories
          to tell!
[x] fluxx.uk.com   @fluxxstudios
Omni-­‐Channel	
                Commercialisa0on	
     Storytelling	
  


                  Three pillars of debate
     Three quick hits of stimulus, each followed by a lively
           debate, and a quick wrap-up at the end

[x] fluxx.uk.com   @fluxxstudios
[x] fluxx.uk.com   @fluxxstudios
An evolutionary journey




[x] fluxx.uk.com   @fluxxstudios
“Online, is not luxury”
[x] fluxx.uk.com   @fluxxstudios
The early adopter
[x] fluxx.uk.com   @fluxxstudios
The failed venture 
[x] fluxx.uk.com   @fluxxstudios
A solution… buy a start-up?
[x] fluxx.uk.com   @fluxxstudios
A solution… partner
[x] fluxx.uk.com   @fluxxstudios
“O2O” Brand Experience
[x] fluxx.uk.com   @fluxxstudios
Anticipating need
[x] fluxx.uk.com   @fluxxstudios
Clinique  iPad 
[x] fluxx.uk.com   @fluxxstudios
But Chanel still hesitant
[x] fluxx.uk.com   @fluxxstudios
The omni-channel poster child




[x] fluxx.uk.com   @fluxxstudios
In-store service, but online
[x] fluxx.uk.com   @fluxxstudios
Reinventing the experience
[x] fluxx.uk.com   @fluxxstudios
Blend of physical  digital
[x] fluxx.uk.com   @fluxxstudios
Burberry : LFW SS 2013
[x] fluxx.uk.com   @fluxxstudios
[x] fluxx.uk.com   @fluxxstudios
[x] fluxx.uk.com   @fluxxstudios
Debate Question:

Should luxury brands still be afraid of
the buy now button?
[x] fluxx.uk.com   @fluxxstudios
[x] fluxx.uk.com   @fluxxstudios
/     Luxury by its very nature can
                                          mean limiting your business
                                    
                                    /     So what are the paths to growth?
                                    
                                    /     Can you have a commercial
                                          focus while avoiding the pitfalls
The Luxury Paradox                     and potential risk to brand?

[x] fluxx.uk.com   @fluxxstudios
Paths to 
       Commercialisation               DIVERSIFICATION


      [x] fluxx.uk.com   @fluxxstudios
‘The Worst Case Scenario’
[x] fluxx.uk.com   @fluxxstudios
What about direct sales?
[x] fluxx.uk.com   @fluxxstudios
Direct Marketing: Toughest Test
[x] fluxx.uk.com   @fluxxstudios
Direct Marketing: “Thank you”
[x] fluxx.uk.com   @fluxxstudios
Industrialisation 
of luxury




[x] fluxx.uk.com   @fluxxstudios
Industrialisation of luxury
[x] fluxx.uk.com   @fluxxstudios
Industrialisation of luxury
[x] fluxx.uk.com   @fluxxstudios
It’s nothing new, but…
[x] fluxx.uk.com   @fluxxstudios
New Locations: Hermes Pop-up Store
[x] fluxx.uk.com   @fluxxstudios
Hackney is the new Bicester!
[x] fluxx.uk.com   @fluxxstudios
Hackney: An old East London boozer and knitwear?

                                    No real ale or folk music in site…
[x] fluxx.uk.com   @fluxxstudios
Hackney: A prime luxury location…
[x] fluxx.uk.com   @fluxxstudios
JW Anderson /     Paul Smith /   William Tempest /
                  TopShop           Barbour        River Island



Reach out through partnering
[x] fluxx.uk.com      @fluxxstudios
Maison Martin Margiela / HM
[x] fluxx.uk.com   @fluxxstudios
Ladies sold out at 10:00am




Physical / Digital
[x] fluxx.uk.com   @fluxxstudios
The sale continues, just 23 hours later, on ebay!
[x] fluxx.uk.com   @fluxxstudios
Accessible but still elusive. 
Commercialisation without damaging the brand
[x] fluxx.uk.com   @fluxxstudios
Changing with the times to attract customers
[x] fluxx.uk.com   @fluxxstudios
In the box thinking…
[x] fluxx.uk.com   @fluxxstudios
Changing with the times : Luxury travel
[x] fluxx.uk.com   @fluxxstudios
Changing with the times : Augmented experience - St Regis
[x] fluxx.uk.com   @fluxxstudios
Luxury BB?
[x] fluxx.uk.com   @fluxxstudios
Challenging traditional luxury travel
[x] fluxx.uk.com   @fluxxstudios
The question is…
   Does the luxury paradox really mean growth
   comes at the expense of your brand allure?


[x] fluxx.uk.com   @fluxxstudios
[x] fluxx.uk.com   @fluxxstudios
Telling stories is not new…
[x] fluxx.uk.com   @fluxxstudios
The stereotype: Is it getting through to consumers?
[x] fluxx.uk.com   @fluxxstudios
Brand stories are being told in unexpected ways




                  “Gucci Gucci, Louis Louis, Fendi Fendi, Prada. Basic
                  bitches wear that shit so I don't even bother”

[x] fluxx.uk.com   @fluxxstudios
The audience has diversified in so many ways
[x] fluxx.uk.com   @fluxxstudios
Deep cultural heritage can come through association
[x] fluxx.uk.com   @fluxxstudios
The fluxx attributes                 þ	
  Heritage
of luxury                           þ	
  Persons of Repute
storytelling                     þ	
  Craftsmanship
                                    þ	
  Quality
[x] fluxx.uk.com
                                    þ	
  Iconic
                  @fluxxstudios
Compare and contrast

The North Face                   Canada Goose




http://youtu.be/Pqqu_SduTCI         http://youtu.be/XDRdOpdwKBc
[x] fluxx.uk.com   @fluxxstudios
þ	
  Heritage
 The fluxx attributes
 of luxury
                                    þ	
  Persons of Repute
 storytelling                    þ	
  Craftsmanship
                                    þ	
  Quality
[x] fluxx.uk.com
                                    þ	
  Iconic
                  @fluxxstudios
þ	
   Persons of Repute
  þ	
   Iconic
[x] fluxx.uk.com   @fluxxstudios
Breitling : Remaining Iconic
[x] fluxx.uk.com   @fluxxstudios   http://youtu.be/5uzE--U7BBk
Chanel – A place in history
[x] fluxx.uk.com   @fluxxstudios   http://youtu.be/tRQa33dqyxI
Tiffany  Co – heritage, craft, art  ‘pop’ icons
[x] fluxx.uk.com   @fluxxstudios   http://youtu.be/sGVUPs1RzaE
þ	
  Heritage
 Key attributes of
 luxury storytelling
                                    þ	
  Persons of Repute
                                    þ	
  Craftsmanship
                                    þ	
  Quality
[x] fluxx.uk.com
                                    þ	
  Iconic
                  @fluxxstudios
What about the new kids on the block?




[x] fluxx.uk.com   @fluxxstudios
Customers as part of the story
[x] fluxx.uk.com   @fluxxstudios
[x] fluxx.uk.com   @fluxxstudios
[x] fluxx.uk.com   @fluxxstudios
Rapha: Collecting stories
[x] fluxx.uk.com   @fluxxstudios
Rapha: Collecting stories
[x] fluxx.uk.com   @fluxxstudios
Inheriting heritage 
[x] fluxx.uk.com   @fluxxstudios
[x] fluxx.uk.com   @fluxxstudios
So the question is…

    /  Can luxury storytelling transcend the
          stereotype, and become important in
          connecting and emotionally engaging with
          customers old and new?

[x] fluxx.uk.com   @fluxxstudios
[x] fluxx.uk.com   @fluxxstudios
Fluxx is…
       A product and service innovation company 
       
       /     Strategy, vision, experience design, content
       /     Incubation, Labs, and lean product development

       Come and chat: embrace@fluxx.uk.com

[x] fluxx.uk.com   @fluxxstudios

Fluxx Luxx : Talking luxury at Fluxx Studios