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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

And I think in this case, the media value alone, like you talked about, is just outrageous.

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

Yeah.

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

And the truth of the matter is, doesn't this hurt exclusivity?

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

You kind of mentioned that.

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

Exclusivity nowadays is emotional.

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

It's not just financial.

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

And then what happens is recognition actually increases that desire.

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

Swatch, it's a win.

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

It elevates their brand.

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

AP gets them out there inexpensively and people want it even more.

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

A family member of mine,

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

has a Royal Oak.

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

I asked him right away, joking around.

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

I said, great, I'm going to get mine for 400 bucks.

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

And he laughed and he goes, hey, absolutely.

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

It's going to be a beautiful watch, but there's still only one Royal Oak.

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

I have one, but in my rush to head out today, because I was going to wear it on the show, it sat on my dresser.

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

I have a couple of them.

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

To talk about watches and you being a watch guy, this is what brought watches back, right?

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

What happened was watches were dead for a while.