Menu
Sign In Search Podcasts Libraries Charts People & Topics Add Podcast API Blog Pricing

Tom La Vecchia

๐Ÿ‘ค Speaker
445 total appearances

Appearances Over Time

Podcast Appearances

Right About Now - Legendary Business Advice
How Premium Brands Create Demand Without Cutting Their Prices | Tom La Vecchia

You didn't have to.

Right About Now - Legendary Business Advice
How Premium Brands Create Demand Without Cutting Their Prices | Tom La Vecchia

Brands didn't have to do this, and they also didn't have the opportunity to do it.

Right About Now - Legendary Business Advice
How Premium Brands Create Demand Without Cutting Their Prices | Tom La Vecchia

Now, to be able to do it, to plant the seed, like you said, I love the grail.

Right About Now - Legendary Business Advice
How Premium Brands Create Demand Without Cutting Their Prices | Tom La Vecchia

The grail didn't change.

Right About Now - Legendary Business Advice
How Premium Brands Create Demand Without Cutting Their Prices | Tom La Vecchia

They still want the $50,000 watch.

Right About Now - Legendary Business Advice
How Premium Brands Create Demand Without Cutting Their Prices | Tom La Vecchia

Swatch now doing this was brilliant for them, too.

Right About Now - Legendary Business Advice
How Premium Brands Create Demand Without Cutting Their Prices | Tom La Vecchia

It was a no-brainer for them.

Right About Now - Legendary Business Advice
How Premium Brands Create Demand Without Cutting Their Prices | Tom La Vecchia

It was more of a risk for AP.

Right About Now - Legendary Business Advice
How Premium Brands Create Demand Without Cutting Their Prices | Tom La Vecchia

This got mastered in the sneaker culture and streetwear.

Right About Now - Legendary Business Advice
How Premium Brands Create Demand Without Cutting Their Prices | Tom La Vecchia

Supreme, Nike, sneakers drops, Travis Scott collabs, scarcity, limited access, resale demand, the social flex, all that stuff.

Right About Now - Legendary Business Advice
How Premium Brands Create Demand Without Cutting Their Prices | Tom La Vecchia

The watch industry just caught up and said, hey, you know what?

Right About Now - Legendary Business Advice
How Premium Brands Create Demand Without Cutting Their Prices | Tom La Vecchia

The sneaker culture mastered this a few years ago.

Right About Now - Legendary Business Advice
How Premium Brands Create Demand Without Cutting Their Prices | Tom La Vecchia

Let's get on that train.

Right About Now - Legendary Business Advice
How Premium Brands Create Demand Without Cutting Their Prices | Tom La Vecchia

Exactly.

Right About Now - Legendary Business Advice
How Premium Brands Create Demand Without Cutting Their Prices | Tom La Vecchia

And I'm in the trading card shop that I own, and trading cards are doing the same thing.

Right About Now - Legendary Business Advice
How Premium Brands Create Demand Without Cutting Their Prices | Tom La Vecchia

Travis Scott collaborations, other collabs, other things.

Right About Now - Legendary Business Advice
How Premium Brands Create Demand Without Cutting Their Prices | Tom La Vecchia

Some people don't like this term, but borrowed interest is powerful.

Right About Now - Legendary Business Advice
How Premium Brands Create Demand Without Cutting Their Prices | Tom La Vecchia

And some people frown upon it because they're arrogant and think they can carry the show themselves.

Right About Now - Legendary Business Advice
How Premium Brands Create Demand Without Cutting Their Prices | Tom La Vecchia

But it's okay to share the sunshine that something else has and bring it over to your side.

Right About Now - Legendary Business Advice
How Premium Brands Create Demand Without Cutting Their Prices | Tom La Vecchia

So I always love the right strategic borrowed interest.