How to Launch a Luxury Startup

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  • เผยแพร่เมื่อ 4 พ.ย. 2024

ความคิดเห็น • 176

  • @ScalingRetailConsulting
    @ScalingRetailConsulting  4 หลายเดือนก่อน +1

    Ready to launch and scale your retail business? Watch now this next video:
    th-cam.com/video/E1bJYhQ2ctU/w-d-xo.html

  • @jeffkevinsankeu5699
    @jeffkevinsankeu5699 5 ปีที่แล้ว +23

    great tips. thank you.

  • @ALI_FA17
    @ALI_FA17 4 ปีที่แล้ว +31

    I want to make a luxury brand but only for myself, I don’t want it to be a business or some high company, I only want the brand to myself that’s how luxurious and rare it is.

    • @ScalingRetailConsulting
      @ScalingRetailConsulting  4 ปีที่แล้ว +3

      Ali Maximus Power you can do it!

    • @love-dk7ii
      @love-dk7ii 3 ปีที่แล้ว

      Wdym?

    • @ALI_FA17
      @ALI_FA17 3 ปีที่แล้ว +1

      @@ScalingRetailConsulting Thank you!! :) so far so good! God bless ALL

    • @joeblack6384
      @joeblack6384 2 ปีที่แล้ว +2

      @@ALI_FA17 are you high?

    • @kuffdeeztv2214
      @kuffdeeztv2214 2 ปีที่แล้ว +1

      Same reason I'm here

  • @ShotsMerkzAll
    @ShotsMerkzAll 4 ปีที่แล้ว +5

    it would be nice if you spoke about finding investors, partners and how to build a team.

  • @mikayxx2566
    @mikayxx2566 3 ปีที่แล้ว +4

    Hiii!! I want to start a luxury brand and be as big as Chanel or YSL, but at the same time I also want to pursue medicine. I don't think I can dabble with both careers but I really want to go in both the med and business field. Do you think I can do it or not?? Can you give me suggestions too? (if possible)

    • @ScalingRetailConsulting
      @ScalingRetailConsulting  3 ปีที่แล้ว +2

      Just keep working on it. If it's something you really want to do put a little bit of time into it everyday. good luck!

  • @JWW10666
    @JWW10666 4 ปีที่แล้ว +8

    People always say luxury and premium brands have very high marketing cost but they forget to mention the cost reduction in other front-end segments of the business such as customer service when in comparison to an economy brand.

  • @lalilalo2199
    @lalilalo2199 4 ปีที่แล้ว +5

    Its was helpful, lets make something special super rare & worldwide selling!

  • @binitapal7816
    @binitapal7816 3 ปีที่แล้ว +3

    What could be the budget for whole startup ??
    BTW that was a great tip ...Thank you

    • @isabellacarusi1119
      @isabellacarusi1119 8 หลายเดือนก่อน

      $500-$50,000 for fashion if that helps also depending on the resources factor this could fluctuate.

  • @raychelleinjete4024
    @raychelleinjete4024 4 ปีที่แล้ว +1

    Very resourceful content. Learnt alot. Thanks..

  • @SARCASTiiK
    @SARCASTiiK 3 ปีที่แล้ว +1

    I need to know what color lipstick your wearing. Very chic.

  • @levaughnhardie7727
    @levaughnhardie7727 3 ปีที่แล้ว +1

    Thank you

  • @SilkySaks
    @SilkySaks 7 ปีที่แล้ว +6

    Enjoyed this video. Gave a lot of things to think about

    • @ScalingRetailConsulting
      @ScalingRetailConsulting  7 ปีที่แล้ว

      Thank you, I'm happy to hear that! You can find more resources at ScalingRetail.com.

  • @mrel8698
    @mrel8698 3 ปีที่แล้ว +1

    Hello, is it possible to launch a Luxury brand without a offline store, and only base on online(online retail)

    • @ScalingRetailConsulting
      @ScalingRetailConsulting  3 ปีที่แล้ว

      2 - E-comm only brands are becoming more and more common, so it's certainly a viable option. For some more info on getting launched & e-comm, have a loos at these videos as well:
      th-cam.com/video/GireIyLTltM/w-d-xo.html
      th-cam.com/video/0_88eOjYpJk/w-d-xo.html
      th-cam.com/video/buz6ARtR27I/w-d-xo.html
      th-cam.com/video/Cs1yoeAc17A/w-d-xo.html

  • @dmac121151
    @dmac121151 5 ปีที่แล้ว +6

    What was the name of the young luxury brand that you named as a example?

  • @mehmeterkan9193
    @mehmeterkan9193 4 ปีที่แล้ว +11

    You should by a quality mic and not a luxury one 😊

  • @jomx
    @jomx 3 ปีที่แล้ว +4

    Hello, great video! I always wondered how luxury brands do with exclusive pieces. Let's say a company wants to number a specific jacket model and only produce 50 in total. Each jacket would have a designated number on them, so for example, 13 out of 50, etc. With the different sizes (XS, S, M, L, XL) how should these numbers be assigned to this luxury exclusive piece of the collection?
    Hope you keep being active on this channel I have tons of questions...

    • @ScalingRetailConsulting
      @ScalingRetailConsulting  3 ปีที่แล้ว +1

      And we have tons of answers. Thank you so much for watching!!

    • @jomx
      @jomx 3 ปีที่แล้ว +1

      @@ScalingRetailConsulting is there anyway can I expose my questions to you guys? 🙂

    • @ScalingRetailConsulting
      @ScalingRetailConsulting  3 ปีที่แล้ว +1

      @@jomx If you'd like to get in touch with someone part of the team, send us an email at hello@scalingretail.com

    • @jomx
      @jomx 3 ปีที่แล้ว +1

      @@ScalingRetailConsulting I sent an email!

    • @ScalingRetailConsulting
      @ScalingRetailConsulting  3 ปีที่แล้ว

      @@jomx talk to you soon!

  • @raghavvids
    @raghavvids 3 ปีที่แล้ว +1

    Thanks for the tips!

  • @kairi3177
    @kairi3177 4 ปีที่แล้ว +2

    Awesome tips! Would like to talk with you more. Please put out more sessions

  • @natashaedwards
    @natashaedwards 6 ปีที่แล้ว +2

    You are amazing I’m learning so much

    • @ScalingRetailConsulting
      @ScalingRetailConsulting  6 ปีที่แล้ว +1

      So glad we bring something to the table for you. Thanks for following!

  • @chantellea9938
    @chantellea9938 6 ปีที่แล้ว +1

    The tips you've given in this video to complete in the luxury market, would you say the same rules apply for here in the UK?

    • @ScalingRetailConsulting
      @ScalingRetailConsulting  6 ปีที่แล้ว +1

      Hi, thanks for watching! Yes, our content is intended for a global audience. You'll find these principles can apply to luxury markets around the globe.

  • @notetomyyoungerself
    @notetomyyoungerself 6 ปีที่แล้ว +1

    This has been helpful.. I shared your post to a few friends

  • @siddharthshah4220
    @siddharthshah4220 4 ปีที่แล้ว +2

    Hey, Syama
    Thank you for the tips. Would love to know more about "6 touch points" thing. Can you please point me the right direction?

    • @ScalingRetailConsulting
      @ScalingRetailConsulting  4 ปีที่แล้ว

      Send me an email at Hello@scalingretail.com and maybe I can help point you into the right direction.

  • @mohammedfaraz2685
    @mohammedfaraz2685 3 ปีที่แล้ว +1

    I am from India and I like to start a designer wear bridal wears suits for both men and women any suggestions??

  • @aricsebastian6672
    @aricsebastian6672 3 ปีที่แล้ว

    I'm going to start Making Handbags for my Brand, Aric Sebastian

  • @jooky87
    @jooky87 6 ปีที่แล้ว +2

    Good explanation on why not to start a luxury brand.

    • @ScalingRetailConsulting
      @ScalingRetailConsulting  6 ปีที่แล้ว

      Depending on your business, it could be the next big move or maybe something you need to wait a beat to do. Thanks so much for watching!

  • @DylanEscobar
    @DylanEscobar 6 ปีที่แล้ว +1

    Hey I am Dylan and I am 16 at the moment. I really want to make a brand later that is going to be between normal brands and luxury. Pricepoint between tommy hilfiger and versace for example. The biggest problem I have when I am making a game plan for myself is the making of the product. How can I find a good place to let them produce my product and how do I find a place that delivers the best quality? Do I need to have more contacts in brands for that?
    Thank you for reading and the nice video!

    • @ScalingRetailConsulting
      @ScalingRetailConsulting  6 ปีที่แล้ว +1

      Hi Dylan, finding the best manufacturer for their brands is definitely one of the greatest challenges brand owners face. Even well-established brands have to change or add new manufacturers at times, and many of them struggle here too. Recommendations from trusted sources are always great and you can meet and discuss needs/fit with manufacturers at reputable trade shows. Websites like Maker's Row share manufacturer listings which can be very helpful. Just make sure you vet any potential mfgr. partners. Best of luck!

  • @d2uk2e
    @d2uk2e 4 ปีที่แล้ว +2

    amazing video!

  • @savindurrathnayaka7537
    @savindurrathnayaka7537 6 ปีที่แล้ว +1

    Really helpful video,subscribed just now

  • @eBunnee
    @eBunnee 4 ปีที่แล้ว +4

    I know it’s unfortunate that I can’t make a brand to be in the Heritage section BUT I want my brand to be seen and viewed as a very big and high brand as big as Chanel but might not be a heritage. Just a brand that people will see as quality and authentic as other big brands. Sometimes I get intimidated by these big brands and wonder how I can be this BIG 😓 Do you think it’s possible to be as successful as these big brands? 😣

    • @ScalingRetailConsulting
      @ScalingRetailConsulting  4 ปีที่แล้ว +2

      Of course, sometimes it just takes a little bit longer, but anything is possible if you put the work into it.

    • @KymKiswe
      @KymKiswe 4 ปีที่แล้ว +5

      Your business can be heritage but not now. It will be heritage in 100 years or 200years but you have to make sure it’s going to passed down.

    • @eBunnee
      @eBunnee 4 ปีที่แล้ว +4

      @@KymKiswe yeah I know... but I really want my brand to be as respected and quality as these big brands ☺️ does it have to be heritage before it’s known as a quality brand?

    • @loveyourself954
      @loveyourself954 3 ปีที่แล้ว +3

      You know what I just subscribed ur channel , cuz I took a look on it n it's content impressive. & ik u can achieve ur goal no matter what. Trust urself , move forward. GOD BLESS YOU !!

    • @eBunnee
      @eBunnee 3 ปีที่แล้ว +3

      @@loveyourself954 Thank you, I really needed that.

  • @eduardo42897
    @eduardo42897 2 ปีที่แล้ว +1

    Smart lady.

  • @richardunachukwu11
    @richardunachukwu11 7 ปีที่แล้ว +1

    Hi! What should be the average markup for a luxury fashion brand?

    • @ScalingRetailConsulting
      @ScalingRetailConsulting  7 ปีที่แล้ว

      Hi there! Our blog post "5 Ways to Make Your Brand Attractive to Wholesale Buyers" talks about pricing your products properly. You can check it out at blog.scalingretail.com/5-ways-make-brand-attractive-wholesale-buyers

  • @romavictoriano
    @romavictoriano 5 ปีที่แล้ว +1

    Thank you! This is so helpful.

    • @ScalingRetailConsulting
      @ScalingRetailConsulting  5 ปีที่แล้ว +1

      Thank you Yumi for watching. We love to hear that our content is making a difference.

  • @SommyLogic
    @SommyLogic 6 ปีที่แล้ว +1

    Your videos are really helpful!

  • @laurajshape
    @laurajshape 7 ปีที่แล้ว +5

    Loved this. Thanks so much for posting, Syama! I especially found a few of your points helpful - that you should be prepared to be in the game for a while, maybe even a few years, before you see your sales take off, and customers need to be exposed to your brand via multiple touchpoints before they'll be willing to buy. I need to really think about this second idea and decide what all of my touchpoints should be. Do you think the various social channels equal different touchpoints (e.g. would Instagram, Facebook, and Pinterest count as 3), or would you group them together into one?

    • @ScalingRetailConsulting
      @ScalingRetailConsulting  7 ปีที่แล้ว

      Hi Laura, Thanks for watching! I would parcel out your social media - since they should all have a different strategy. IG should have different content and goals than FB or Pinterest. Best, Syama

  • @AneesaQureshi
    @AneesaQureshi 6 ปีที่แล้ว +9

    Really helpful! Xx

  • @alexishollins8623
    @alexishollins8623 6 ปีที่แล้ว +2

    Very helpful! I will be emailing you asap!

  • @isabellabjerke6201
    @isabellabjerke6201 3 ปีที่แล้ว +1

    How many pieces would you recommend to have for launch? because of my budget and because I value quality and good working environments for the dressmakers way over quantity, especially at launch - im thinking small. but what is TOO small?

  • @ddoris4118
    @ddoris4118 5 ปีที่แล้ว +1

    Greetings from New Zealand. Please let me know how to spell the name of one of your favourite design houses. I thought you said "Miette" but I cannot locate it via Google. Clarification by way of spelling would be most helpful. Thank you so much.

    • @ScalingRetailConsulting
      @ScalingRetailConsulting  5 ปีที่แล้ว

      Hi there, thanks for watching. The name is spelled: Maiyet. Hope you have a great rest of your day!

  • @richardunachukwu11
    @richardunachukwu11 6 ปีที่แล้ว

    Hello syama! Can a luxury start up deploy a b2b and a b2c at the same time as its distribution strategy?

    • @ScalingRetailConsulting
      @ScalingRetailConsulting  6 ปีที่แล้ว

      Hi Richard, sorry we missed this comment somehow! Are you referring to selling both retail and wholesale immediately at launch? If so, you definitely can.

  • @ColletteSmallofficialmusic
    @ColletteSmallofficialmusic 6 ปีที่แล้ว

    thank you this was very helpful!!

  • @chloeserfaty1054
    @chloeserfaty1054 7 ปีที่แล้ว +2

    Just love your videos, all you say is very true and interesting to be remembered. Thank you

  • @anna_00786
    @anna_00786 6 ปีที่แล้ว +2

    Hi, I am launching a face serum, i would require a lot of help, would you be able to help me?
    Thanks x

    • @ScalingRetailConsulting
      @ScalingRetailConsulting  6 ปีที่แล้ว +1

      Hi there! Please feel free to contact us at hello@scalingretail.com so we can get a better understanding of the needs of your business.

  • @linejrgensen4116
    @linejrgensen4116 2 ปีที่แล้ว

    Anyone who got the name of the sustainable design house she talked about at 2.35?

  • @vpeso2161
    @vpeso2161 5 ปีที่แล้ว +2

    Beautiful

  • @krishnendhuchakra6358
    @krishnendhuchakra6358 6 ปีที่แล้ว +2

    Impressed and Subscribed !

  • @graciouseflos.9219
    @graciouseflos.9219 7 ปีที่แล้ว +1

    thank you very much

  • @allenl9214
    @allenl9214 6 ปีที่แล้ว +1

    Do you have any resources geared for an artisan jewelry business?

    • @ScalingRetailConsulting
      @ScalingRetailConsulting  6 ปีที่แล้ว +1

      Hi there, thanks for watching. We don't have resources specifically created for artisan jewelry, however, you'll find that most of our content may be applied towards most apparel, accessory and even home accessory brands. Feel free to visit us at www.ScalingRetail.com for more content.

  • @franklopez6840
    @franklopez6840 5 ปีที่แล้ว +3

    This is wonderful content!! Very insightful and concise. Would love to get some feedback from you and connect.

    • @ScalingRetailConsulting
      @ScalingRetailConsulting  5 ปีที่แล้ว +1

      Thanks Frank, send us a message at hello@scalingretail.com. Hope you have a great weekend!

    • @franklopez6840
      @franklopez6840 5 ปีที่แล้ว

      Scaling Retail you as well, thank U for the reply!

  • @nirubansatchithanandakumar3266
    @nirubansatchithanandakumar3266 6 ปีที่แล้ว

    hey ! never really got your name there, but fantastic video! As I'm watching it, i'm trying to figure out how to apply these principles onto fine-art (me being an artist), as there are similarities, in terms of buyer profiles and price-points.

    • @ScalingRetailConsulting
      @ScalingRetailConsulting  6 ปีที่แล้ว

      Thank you so much for following! We think it's so cool that what we have to share can be applicable to fine arts. Please don't hesitate to reach out to us as at hello@scalingretail.com

  • @azrahcassim2560
    @azrahcassim2560 2 ปีที่แล้ว

    Hiiii to scaling retail
    My name is azrah tai and Im in matrix at the moment I really have this dream of owning a luxury brand in the next 5to 6 years and I was hoping you ould give a few pointers on how to start one and where to begin
    Thank you so much.

  • @karinaanicolee
    @karinaanicolee 7 ปีที่แล้ว +2

    Could you please comment, which brand was it you said you like? Thanks in advance :)

  • @EM-vy9ik
    @EM-vy9ik 4 ปีที่แล้ว +3

    Barneys is closing down 😖🥺

  • @PAWTheGoldStandard
    @PAWTheGoldStandard 26 วันที่ผ่านมา

    Would you take a look at my luxury brand and provide your insight?

  • @hamzaabdelrahim8344
    @hamzaabdelrahim8344 4 ปีที่แล้ว +2

    Thank you! Very helpful.
    I also sent you an email.

  • @IdeaImplementation
    @IdeaImplementation ปีที่แล้ว

    Good information bad audio quality….invest in quality audio system

  • @nomadbound9610
    @nomadbound9610 6 ปีที่แล้ว +1

    the only relevant step is the last one. the first are the standard for ALL brands

  • @jasonRhawt
    @jasonRhawt ปีที่แล้ว

    All you need is someone famous to introduce your brand etc kanye = off white justin bieber = fog and virgil = heron preston

  • @ericr154
    @ericr154 5 ปีที่แล้ว +3

    I would not have pronounced her name the same way she did 😶

  • @masuzua6305
    @masuzua6305 4 ปีที่แล้ว +1

    Kudos for the Video! Apologies for butting in, I would love your opinion. Have you thought about - Panaylee Renowned Prepotence (Sure I saw it on Google)? It is a good one of a kind guide for finding luxury or designer goods at wholesale or lower prices without the headache. Ive heard some amazing things about it and my coo-worker at very last got astronomical results with it.

  • @albertabramchuk4719
    @albertabramchuk4719 5 ปีที่แล้ว +1

    Your Music is so distracting.

  • @judywangui2061
    @judywangui2061 4 ปีที่แล้ว +1

    Nice video content! Forgive me for the intrusion, I would appreciate your thoughts. Have you heard the talk about - Panaylee Renowned Prepotence (Sure I saw it on Google)? It is an awesome exclusive guide for finding luxury or designer goods at wholesale or lower prices without the normal expense. Ive heard some unbelievable things about it and my mate at last got great success with it.

  • @Cannonball62000
    @Cannonball62000 5 ปีที่แล้ว +6

    What on earth is that awful music about?! It is neither luxurious nor ambient. It distracts from your words and makes me think of an old computer game!
    Please remove it?
    I SO wanted to hear your message/opinions but instead I am going to click away to another youtuber.
    Please rethink your music in the future, no music would have been better than this choice.

    • @ScalingRetailConsulting
      @ScalingRetailConsulting  5 ปีที่แล้ว

      Thanks for your feedback, we'll keep that in mind in the future.

    • @jb-nk5pg
      @jb-nk5pg 5 ปีที่แล้ว +1

      Cannon Ball it’s not that serious...