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David Rosenthal

πŸ‘€ Speaker
38083 total appearances
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Appearances Over Time

Podcast Appearances

Acquired
Ferrari

On the other hand, I think it's not quite as powerful in terms of driving profit margins for a Ferrari as it is for, say, a LVMH or an Hermes.

Acquired
Ferrari

Yeah.

Acquired
Ferrari

Because a Ferrari product, a Ferrari car.

Acquired
Ferrari

Is really differentiated.

Acquired
Ferrari

Still has to be a Ferrari.

Acquired
Ferrari

Yes.

Acquired
Ferrari

Ferrari can't just stamp the prancing horse on a car and call it a Ferrari.

Acquired
Ferrari

A Ferrari has to elicit emotion from you.

Acquired
Ferrari

Yes.

Acquired
Ferrari

And it has to be cutting edge and it has to be incredibly powerful.

Acquired
Ferrari

So it's sort of like there's more cost that has to go into it.

Acquired
Ferrari

A Ferrari is a Ferrari.

Acquired
Ferrari

Yep.

Acquired
Ferrari

Yep.

Acquired
Ferrari

How does this compare to how you felt about watches at the end of the Rolex episode?

Acquired
Ferrari

A watch says something about you, but it doesn't provide an experience for you.

Acquired
Ferrari

And it's an incredible brand.

Acquired
Ferrari

Yes.

Acquired
Ferrari

Just like Rolex is an incredible brand.

Acquired
Ferrari

Okay, let's step through some of these others because I think some of them are quite interesting.